● Floki's price has produced a 652.8% price surge following its token burn. ● Tron price has dropped on the weekly and monthly timeframes. ● Analysts have predicted a 100% price surge for NuggetRush.
The latest correction in the crypto market has affected several altcoins, including the Tron coin, which has dropped into the red zone on the weekly and monthly price charts. Meanwhile, the Floki meme coin is showing gains of 652.8%.
Unfortunately, many investors missed out on the and are now flocking to a new DeFi projectcalled NuggetRush. Analysts have tipped NuggetRush to give triple digit gains like Floki. Read on to know more about this project.
Investors Rush To NuggetRush (NUGX) for Triple-Digit Gains
NuggetRush (NUGX) is making waves in the crypto community as many investors flock to the project. Its bullish crypto ICO is enough proof that the project has been well received by the crypto community. NuggetRush has raised over $3 million and also sold more than 232 million NUGX tokens with just a few tokens left.
Given this wide adoption and its future potential, analysts see NuggetRush replicating Floki'striple-digit gains. One reason for this is it is a play-to-earn game that gives players a chance to play games and earn free tokens simultaneously. This potential makes NuggetRush the best crypto investment in the market.
In the game, players get to search for minerals and hidden gems using excavation materials and other equipment. Also, there are challenges and quests that players can take part in to increase their chances of winning more tokens.
However, only those who have NuggetRush's NUGX token can enjoy these benefits and many more. The NUGX token is in the last round of its crypto ICO and is available for purchase at $0.019.
Floki (FLOKI) Price Skyrockets 652.8%
Floki (FLOKI), one of the dog-themed meme coins that went silent after the emergence of new Solana meme coins, is showing massive growth on the price chart. Data from CoinMarketCapshows a 652.8% price pump in the last 30 days, a triple-digit gain.
Similarly, the token is also up on the weekly chart with a 13.6% increase as it outperforms the general crypto market, which is down 0.50%. Interestingly, the Floki price surge began when the Floki DAO approved a burn proposal to reduce its total supply.
Following the approval, the Floki DAO burned 190.91 billion FLOKI tokens (worth $47 million) across the Ethereum and Binance Smart Chain networks. In terms of future price targets, analysts have forecasted the altcoin price to reach $0.000330 and $0.000840.
Tron (TRX) Price Plunges
While Floki is up on the price charts with triple digit gains, Tron (TRX) has plunged deeper in the red region. Data from CoinMarketCap revealed that the price of the token has dropped 8.3% in the last seven days.
Additionally, there is a 2.2% fall on the monthly price chart. TRX failed to capitalize on Bitcoin's recent price pump above the $70,000 mark. Meanwhile, investors are looking at the 93.5% gains on the year-to-date price chart as a sign to still HODL.
The DeFi coin price is fluctuating around the $0.1256 – $0.1374 region as it is sandwiched between the 50-Day SMA ($0.128922) and 200-Day SMA ($ 0.102424). TRX would have to 2x to hit its ATH of $0.2317.
Conclusion
Analysts see NuggetRush mirroring Floki's bullish gains in the past month, making it the best coin to invest in right now. Its play-to-earn game and earning opportunities makes it an attractive investment opportunity for those looking to grow their portfolio.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the viewsof Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
