TLDR
- Bitcoin soared past $70,000, with sights set on potentially hitting $200,000 before the year comes to an end.
- dogwifhat and NuggetRush have become the go-to meme investments.
- As a presale token, NuggetRush has massive growth potential and is tipped to experience a 60x jump after its launch.
The latest market dip wasn’t enough to deter investors or water down confidence—it will take more than Bitcoin (BTC) dipping below $61,000. It was business as usual, with airdrop farming in full swing and investors anticipating a bounceback, which didn’t take long.
After a week of underwhelming and bearish market performance, the bulls regained momentum and Bitcoin, the flagship crypto, crossed $70,000. This sparked a market frenzy, restoring buying interest and the overall crypto market reacting positively.
Meanwhile, memecoins are fast becoming go-to investments, with dogwifhat (WIF) and NuggetRush (NUGX) emerging as favorites. Set for massive bullish runs, these are the best cryptos to invest in for staggering gains—WAGMI.
NuggetRush (NUGX): A New Meme Favorite
NuggetRush (NUGX) is a new investor meme favorite, especially among those seeking staggering gains. As an emerging crypto and one of the most promising presale tokens, it boasts astounding upside potential, more so than dogwifhat.
The ICO is currently in the launchpad round and a token costs just $0.019. Meanwhile, analysts predict a 60x uptick after its market debut—an almost impossible return to see from investing in top altcoins.
Given the above, NuggetRush is the best new crypto to invest in and a must-have token. However, besides its face-melting growth prospects, its innovative approach further makes it appealing to investors and enthusiasts.Â
Taking a unique approach, it combines the best of memes, GameFi, P2E and NFTs. This means its appeal cuts across the vast crypto landscape, making it poised for adoption and explosive growth. Hence, it is a good crypto to buy, perhaps ahead of WIF because of its low market size.
Bitcoin (BTC): Regaining Momentum and Crossing Key Resistance
Bitcoin (BTC), the flagship crypto, continues to bask in the spotlight—no surprises here. Following the green light on spot BTC ETFs, it has been on a wild ride, to say the least, flipping the 2021 peak and going on price discovery. With the halving a few weeks away, it is safe to say the bull run came earlier—no one is complaining, though.
Regardless of the market cycle—either bull or bear—price pullbacks are unavoidable. This played out the previous week, as Bitcoin retested $60,000 from its newly created all-time high (ATH). However, this won’t be for long, as it crossed $70,000 earlier this week, restoring buying interest.
As the bull market enters full swing and the halving is around the corner, Bitcoin is perhaps the best cryptocurrency to invest in—if you have the budget, that is. Analysts are bullish, with some predicting a surge past $200,000 before the end of the year, fueled by ETF demand and supply reduction due to the halving.
dogwifhat (WIF): Leading Investors’ Favorite Memes
The red-hot dogwifhat (WIF) requires little to no introduction at this point. The appealing Shiba Inu with a knitted hat continues to enjoy the spotlight after its rise to the top memecoins. Moreover, it recently flipped Bonk (BONK) to become the leading Solana memecoin, sparking excitement within its fast-growing community.
Despite growing competition within the meme ecosystem, evident in the rise of trendy celebrity memecoins, cat memecoins and broader ETH memecoins, dogwifhat has maintained market hype. It created a new ATH a while back, boosting investor confidence in its potential.
Preparing for its next run, investors have been positioning themselves, aiming to ride its next wave. To avoid missing out or FOMOing at the top, this is perhaps the best time to add dogwifhat to your portfolio and HODL ahead of its explosive surge.
Conclusion
The bulls’ invigoration saw Bitcoin cross key resistance, with sights set on price discovery and potentially hitting $200,000—no harm in being optimistic, by the way. At the same time, savvy investors have been doubling down on memecoins, particularly NuggetRush and dogwifhat, hoping to ride their intensely volatile wave to immense gains. To participate in the NUGX ICO, click the link below.
