TLDR:
- Glassnode founders have predicted that the altcoin market cap will rise by up to 350% after the recent market crash.
- Solana and Near Protocol are two top altcoins to watch, according to analysts.
- The top new altcoin poised for a potential 10x surge is NuggetRush
In a recent post, the founders of Glassnode, Jan Happel and Yann Allemann, explained using the Elliott Wave theory that the altcoin market is ready for a 350% price surge. According to analysts, Solana and Near Protocol are the big-cap altcoins to watch in this bull market. Meanwhile, NuggetRush is one of the low marketcap tokens poised for a big breakout.
Token Launch To Fuel 10x NuggetRush (NUGX) Price Surge
NuggetRush (NUGX) is quickly becoming a force to be reckoned with in the blockchain gaming space. NuggetRush stands out from the competition as it blends several elements, including P2E gaming, artisanal mining, social impact, NFT staking, and meme culture, into its ecosystem.
Now ranked as one of the top gaming tokens to buy, NuggetRush profitable excavation and trade of mineral resources. While players enjoy the adventure of this virtual world, their skills, and strategic abilities will be tested. They will be required to build their operations, choose the best machines, and employ the services of popular NFT characters.
The best strategies stand a better chance to find gold and other precious minerals. These rewards can then be traded in for real cash, NUGX tokens, and other valuable assets. Ahead of the game’s launch, the ERC20 coins for the platform were airdropped to early backers of the blockchain ICO.
If you missed the NUGX airdrop, there is still a window of opportunity, as the token was recently listed on Uniswap and has increased by 15% to trade at $0.0234. Given the growing interest in the platform, analysts have set a price target between $0.10 and $0.20 for NUGX, making it one of the best cryptos to buy now.
Solana (SOL) Poised To Break Above $200 Soon
Solana (SOL), like other top 10 altcoins, has been battling bearish pressure during the last month. Nevertheless, although SOL has been consolidating between the $120 and $180 level, technical analysis indicates that a breakout above $200 could occur within the next month.
The daily trading volume of Solana has also been gaining momentum in the last week, crossing $4 billion. Another prediction for SOL comes from Bluntz, a well-known crypto analyst, who thinks that SOL is ready for a huge breakout. Recovering the $150 support level makes the altcoin price ready to rally towards $200.
Near Protocol (NEAR) Prepares for Big AI Announcement, Price Surge in Sight
Near Protocol (NEAR), one of the leading cryptos delving into artificial intelligence, is preparing for a big announcement. In a recent interview, Chris Donovan, the COO of NEAR Foundation, explained Near Protocol’s vision for integrating AI into the web3 space and driving mass adoption.
Although he did not provide specifics for the upcoming announcement, he stated that Near Protocol is positioned to lead the AI/web3 race. This move will further solidify the position of NEAR as one of the best AI tokens to buy. While NEAR is stuck under $7.00, analysts have forecasted a breakout above $12.00 for the altcoin soon.
Closing Thoughts
As the altcoin market prepares for a potential breakout, Near Protocol, Solana, and NuggetRush have been established as one of the best alt tokens to buy and HODL. These three altcoins offer good growth potential as well as utility that ensures their sustainability.
Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
