According to a top crypto analyst, Tony The Bull, Filecoin is set to skyrocket by 10x, reaching $70.00. Meanwhile, Avalanche's price has experienced a 12.2% decline in anticipation of its token unlock. In other news, NuggetRush is gearing up for a surge to $0.20, making it the best coin to invest in today.
NuggetRush (NUGX) wants to release a play-to-earn (P2E) game that will revolutionize the gaming sector. The game will showcase some of the most popular NFTs, which participants can exchange on the game's dedicated marketplace.
The NUGX token will serve as the game's main currency, enabling players to trade their in-game assets for NUGX or exchange them for other NFTs. Players also have the opportunity to stake their NFTs, with the potential to earn up to 20% APY.
To ensure the highest level of security, NuggetRush smart contracts have been audited by SolidProof, making it the best crypto investment. Currently, NuggetRush is worth just $0.018. It is one of the top cryptos to invest in due to its anticipated increase to $0.020 just before its launch.
Market analysts have reviewed NuggetRush and its forthcoming play-to-earn game, noting its distinct features that are likely to attract a broad audience of gamers globally. Consequently, they anticipate a 50x increase in price in the near future.
These bullish forecasts have created FOMO among investors. Currently, NuggetRush has less than 50 million tokens left in the last cryptocurrency ICO, as over 188 million NUGX tokens have been sold so far.
In a recent tweet, crypto expert "Tony The Bull" told his followers that Filecoin (FIL) is on the brink of a major rebound. The analysis includes a chart that tracks Filecoin's performance over the past years.
It highlighted Filecoin's climb from a low of $3.00 to more than $7.10, marking an increase of over 200%. However, Tony The Bull suggests that Filecoin's price could still rise. He forecasted that Filecoin's price could surge to $70.00. Considering Filecoin's present trading price, this prediction implies a 1,000% growth or a 10X increase.
Looking at the price chart, Filecoin's price has witnessed a 28.0% price pump from $5.53 to $7.87 on the weekly price chart. While Tony The Bull's prediction of $70.00 seems bullish, this is not close to the token's ATH of $237.24.
While Filecoin seems bullish, the reverse is the case for Avalanche (AVAX). Avalanche's native token, AVAX, has joined some of the underperforming altcoins in the market. Data from CoinMarketCap showed that the price of Avalanche crypto has dropped 12.2% on the weekly chart.
It plunged from a high of $43.30 to a low of $36.59. Interestingly, this bearish sentiment comes ahead of Avalanche's token unlock on February 22nd. The token plans to unlock 9.54 million AVAX tokens (worth about $365 million) into the market.
This unlocking event is drawing attention to its potential influence on Avalanche's price and market dynamics. In the past, similar large unlocking events have led to price drops.
Nuggetrush's features and upcoming launch make it one of the best altcoins to invest in right now. Top analysts like Michael van de Poppe have reiterated severally that gaming tokens will see a massive rally in 2024, making NuggetRush a good alternative to top crypto coins like Filecoin and Avalanche.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.