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A top and prominent crypto analyst has picked three coins that will see huge gains in February and they include The Sandbox, NuggetRush, and Avalanche. Let us look at their current price movements and why the analyst has advised investors to HODL them.
NuggetRush (NUGX) stands out from the usual meme coins as it anchors a play-to-earn (P2E) game designed to build an immersive community. The game is more than just fun; it rewards players, blending enjoyment with real benefits, which is why it is seen as one of the best cryptos to buy.
What sets NuggetRush apart is its commitment to supporting small-scale miners in emerging regions, marrying entertainment with meaningful impact. This game allows players to earn through mining minerals, finishing tasks, and challenges with NFT characters.
Players also get access to some of the best NFTs to buy, like RUSHGEM NFTs, which can be traded for actual gold, enhancing the game's appeal. Now in its fifth presale round, NuggetRush's NUGX token has climbed 80% from $0.010 to $0.018, with over 182 million tokens sold, signaling its potential as a highly rewarding project in the crypto space.
As the final presale round unfolds, analysts predict a 10x rise in February and a 50x surge post-launch. The NUGX token is set to debut on leading exchanges at $0.020, making this an opportune moment to invest in this blockchain ICO before it ends.
The Sandbox (SAND) metaverse and gaming token has been trading between $0.4284 and $0.4845 within the past week. According to CoinMarketCap, the token is showing mixed sentiment, with an 8.8% price pump on the weekly chart and a 6.3% increase on the monthly price chart. Meanwhile, information from Token Unlock shows the token has a major token unlock in February.
The latest data shows that an estimated $100 million in 205.59 million SAND tokens will be released on February 14th. This release, which accounts for 10% of The Sandbox's overall supply, will boost the circulating supply to nearly 90%.
Unfortunately, analysts and market experts believe this token unlock could affect the price of The Sandbox token. Usually, token unlocks cause the value of altcoins to drop. Yet, market experts remain bullish and have predicted a potential rise to $0.893 in the coming weeks.
Avalanche (AVAX) became one of the top altcoins to invest in this month after it showed a bullish run from $27.38 to $41.64. The price surge also affected the token's market cap as it soared to the top 10 cryptos in the market.
Unfortunately, Avalanche crypto has suffered bearish price movement just like Solana, which was one of the top performing coins last year. The coin is now trading in the $33.99 – $41.51 price range.
Nevertheless, Avalanche is still up on the weekly and monthly price charts with gains of 17.0% and 10.6%, respectively. The chances of more upward price movements in the future seem high according to Avalanche's technical indicators.
Its 14-day RSI has been rising and is above the 60 mark. Also, 25 technical analysis indicators are signaling bullish signals, and just 4 are signaling bearish signals. As a result, analysts have predicted a potential price jump to $50.00.
In summary, investors who want to make the best out of February can consider The Sandbox, NuggetRush, and Avalanche as the top crypto coins to buy. Apart from being resilient, the top analyst believes they can withstand any market shift.
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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.
