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TLDR
- Ethereum and NuggetRush have emerged as altcoins to watch.
- Internet Computer took a hit as its price nosedived.
- NuggetRush is tipped for a 60x rally after its launch.
The week has been a flurry of excitement and events. With the crypto market set to explode, investors have been urged to HODL. Gaining a head start is Ethereum (ETH), with its surge creating quite a buzz in the crypto scene. Meanwhile, Internet Computer (ICP), another top altcoin, is trading on the downside, facing strong bearish pressure. Worthy of note is NuggetRush (NUGX), a new ICO fast becoming a safe haven among investors.
This post will discuss the diverging trajectories of Ethereum and Internet Computer. Further, it will cover why NuggetRush is one of the best cryptos to buy now.
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NuggetRush (NUGX): A New Investor Haven
Flying under the radar is NuggetRush (NUGX), one of the new ICOs with the biggest potential. Still in its early stages, it is fast becoming a safe haven for investors seeking low risk and staggering gains.
Although it combines memetic features, it has an edge over most hype-driven coin offerings. This is because it will be more than just a meme, as its ecosystem will boast real-world applications and the token will have strong use cases.
Positioned at the intersection of memes, play-to-earn (P2E), and GameFi, it has been hailed as the most promising narrative. The ecosystem will host a thrilling gold mining game, which promises an immersive gameplay experience and opportunities to earn tangible rewards. The NUGX coin will function as the in-game currency as well as a governance token.
In the fourth round of the presale, a token is priced at $0.015. According to experts, its price will rally by 60x after its launch, which makes it the best new crypto to invest in today.
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Ethereum (ETH): One of the Best Coins to Hold
Ethereum (ETH) is on a roll following the significant surge in its price. Holders are giving themselves a tap on the back for holding amid bearish pressure and sentiment. With the fear of missing out (FOMO) expected to rise in the future, Ethereum is still a good crypto to buy at its current price.
As a bull market approaches, Ethereum has been tipped as one of the altcoins to watch. Given its staggering upside potential, it is a wave you shouldn’t miss out on. So, if you have yet to add ETH to your crypto portfolio, this might be a reminder to do so.
Internet Computer (ICP): Anticipated Rally in the Coming Days
After a significant rally in the price of the Internet Computer (ICP), it is now exposed to the downside. The crypto market moving sideways isn’t uncommon, so the dip in the price of Internet Computer isn’t shocking.
Despite the recent price dip, many remain optimistic. According to experts, Internet Computer will make a comeback in the coming days. Hence, you can see its current low price as an opportunity to add more ICP tokens to your bag at a discounted price.
Conclusion
Ethereum is soaring ahead of most altcoins, which is great news if you are a current holder. On the other hand, Internet Computer is facing bearish pressure, although a bounceback is on the cards. Meanwhile, NuggetRush has emerged as one of the altcoins to watch.
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Source: https://finbold.com/ethereum-gains-strong-momentum-internet-computer-faces-bearish-pressure-nuggetrush-becomes-investors-safe-haven/