TLDR
- There is renewed optimism amongst Bitcoin bulls as its price hit $50K on Monday for the first time in more than two years.
- NuggetRush’s presale will complete its fourth round in about 19 days, with a price uptick of 20% for the next round.
- Astar has several updates to roll out this Q1, and Cardano just marked a 1,016% increase in ADA-oriented investment products.
At the cusp of the Chinese New Year, Bitcoin (BTC) recorded a notable increase in its DeFi coin price and daily transaction confirmations. These developments emphasize that the crypto bulls are active as its market capitalization now nears $1 trillion. Drawing parallels to this BTC’s uptrend, NuggetRush (NUGX), Astar (ASTR), and Cardano (ADA) are three top coins to buy for profitability this year.
As NuggetRush merges blockchain gaming and real-time gains, it appeals to newbies and pro-investors seeking a venture with tangible utility and profitability potential. So many major updates are still coming this year’s first quarter for the Astar network, while Cardano has experienced an unprecedented surge in fund inflows within a week. This article will explain why these three cryptos are top buys amid Bitcoin’s market cap closing at $1 trillion.
NuggetRush (NUGX): Augmenting Investors’ Portfolios
At NuggetRush, cryptocurrency, play-to-earn (P2E) gaming, earning, and social impact all interlink. This platform presents a revolutionary blockchain game similar to real-time artisanal mining while actively making a worthwhile difference in miners’ lives in underdeveloped regions. Also, every digitally mined gold nugget in the game is linked to tangible rewards like gold and cash, which can be delivered to the players’ doorsteps.
NUGX has a no-tax and fee model, removing the burden of additional transaction fees. Also, the project is set to give $25,000 each to 3 active and lucky participants at the end of the presale, in addition to the ongoing giveaway in batches. All the rewarding schemes exceed speculative trading and drive NuggetRush’s rapid ascent on the decentralized cryptocurrency list as a top investment choice.
In the ongoing NuggetRush presale, over 177 million tokens have been sold in five rounds, amassing over $2.2 million in early funding. NUGX’s value currently sits at a DeFi coin price of $0.018, and about 17% of the tokens allocated for this last round are left before its listing on exchanges. After the presale, investors can claim up to 50% of the tokens in five rounds, according to their investment time.
Bitcoin (BTC): Nears $1 Trillion Market Cap
Bitcoin has risen some 17% so far this year as market participants’ excitement over spot BTC exchange-traded fund inflows and the upcoming BTC supply halving in April lifted investors’ expectations. The crypto reached a session high of $50,188, its highest level since December 2021. If this momentum sustains, the bulls could be aiming to break the previous ATH (all-time high) of $69,000.
Bitcoin‘s market capitalization now stands at $977 billion, approaching the $1 trillion mark, as a cup-and-handle chart pattern is forming in Bitcoin’s long-term price action. The New Year’s celebrations in East Asia add to positive sentiment around BTC, as analysts say history shows a pattern of gains during this Chinese holiday.
Cardano (ADA): Sees Explosive Surge in Fund Inflows
Cardano has experienced unprecedented fund inflows, marking a staggering 1,016% increase in ADA-oriented investment products in one week. The latest report on digital asset fund flows by CoinShares has revealed that Cardano saw an influx of $6.1 million. This surge in investment comes at a pivotal moment for ADA, which boasted the third-largest inflow of funds last week. Cardano‘s momentum is undeniable, as the crypto registered an increase of 12% in the past week, making it a top crypto to buy.
Astar (ASTR): Committed to Continuous Network Upgrade
Astar is Japan’s most favored smart contract platform. It features a Build2Earn program, which lets developers accrue incentives for creating decentralized applications. ASTR made headlines after unveiling its latest upgrade plans to its community.
The Astar network hosted a community call on February 12th to discuss major updates scheduled for the year’s first quarter. The network aims to develop more usable, functional products for users to engage with the protocol. ASTR‘s market cap is over $1.04 billion, underscoring its rapid embrace across the Web 3.0 ecosystem.
Conclusion
There is optimism around BTC reaching its previous ATH as its favorable price action continues. Cardano had the third-largest inflow of funds last week in the digital market. Astar is committed to providing a well-functioning network for its users and developers. The decentralized cryptocurrency list also features a coining token, NuggetRush, that fosters an empowered gaming community and offers many profiting avenues. The presale will soon conclude in about 12 days, and its price will go up to $0.02 by its launch. This project is an enticing pick as it promises rewards and growth.
