TLDR:
- Avalanche price has increased 32.7% in the past week, crossing its December peak.
- Toncoin has increased by 109.4% in the past month.
- NuggetRush is offering a better investment option that gives users 100% ROI and earning opportunities.
Two altcoins, Avalanche and Toncoin, are making waves in the crypto space. The price of Avalanche has increased by 32.7% this week, crossing over the December high. In the meantime, Toncoin grew by 109.4% during the last month.
All this bullish price movement notwithstanding, NuggetRush has emerged as the best crypto investment option. It provides early investors a 100% ROI and other earning possibilities through NFT staking.
Avalanche (AVAX) Price Soars Past December High
Avalanche (AVAX) crypto has experienced a 32.7% price pump in the last week to clear its December 2023 peak of $49.96. The price surge took Avalanche crypto from a 7-day low of $39.55 to a 7-day high of $56.68.
With a price increase of 32.70% in the last 7 days, Avalanche is outperforming the global cryptocurrency market which is up 10.30%. Interestingly, the price surge has reflected on the higher time frames, with the 14-day, 30-day, and 365-day price charts displaying gains of 37.2%, 39.8%, and 236.8%.
Moving forward, Avalanche crypto faces resistance at upper levels as investors expect a rise to its ATH of $146.22. There are resistances at $59.35, $63.33, and $69.66. If Avalanche can clear these resistances, it could reach the $71.31 price point in the coming trading sessions. However, if bearish momentum sets in, there is support at $53.02, $49.04, and $42.71.
NuggetRush (NUGX) To Lead the GameFi Market
The crypto market is currently experiencing a bullish trend, with top altcoins seeing huge gains. However, a new project has entered the mix with the potential to offer more than just price gains. NuggetRush (NUGX) is building a platform where investors can earn more tokens.
NuggetRush is an upcoming mining game that will enable them to play games and win in-game assets and popular NFTs. Also, investors can exchange these items for real money on the NuggetRush NFT marketplace. Furthermore, there is the NFT staking option where investors can get up to 20% APY on their investments.
At the moment, NuggetRush is in the last phase of its crypto ICO. It has managed to sell over 226 million tokens. In addition, the project has raised more than $3 million through its blockchain ICO. The funds will be used for the expansion of the NuggetRush ecosystem.
Once the presale ends, NUGX tokens are expected to be listed on exchanges at $0.020. Analysts anticipate a significant rise to $1.00 after the tokens hit the exchanges, positioning NUGX as the best cryptocurrency to buy.
Toncoin (TON) Edges Closer To the $5 Mark
Toncoin (TON) saw a whopping 63.5% price increase in the last seven days, starting from $2.64 and reaching as high as $4.48. The altcoin price soared 109.4% and 87.3% on the monthly and yearly price charts as well.
The upward trend of Toncoin price correlates with several factors, one of which is the “optimism corridor” caused by the correlation between volatility and transaction volume. Moreover, the announcement on Telegram that 50% of revenue may be distributed to channel owners only served to attract more investors to Toncoin.
In the past, Toncoin has found support near the $2.60 and $2.38 levels. If there is a possible sell-off, the prices may decrease to these levels. Yet, with the current pace, $4.00 could hit any time and lead to a new upward movement to the $5.80 level.
Final Thoughts
Avalanche and Toncoin prices are up on the charts, however, analysts have recommended to investors not to look down on the new ICO, NuggetRush. NuggetRush, however, is not just a simple cryptocurrency. Further, the moneybags can enlarge their crypto portfolios by participating in games and tasks. This makes it one of the ones to look for this year.
