Cardano Investors Move To NuggetRush And Aptos As Price Drops
TLDR:Cardano whale accumulation has dropped in the past month as whales are taking profits.Aptos price has surpassed the $18 resistance.NuggetRush has been forecasted to rise 50x after its latest 90%...
TLDR:
- Cardano whale accumulation has dropped in the past month as whales are taking profits.
- Aptos price has surpassed the $18 resistance.
- NuggetRush has been forecasted to rise 50x after its latest 90% surge.
Amid the recent market recovery, Cardano whales seem to have lost hope in the project and are now taking profits. Meanwhile, Aptos has been on an upward movement rising above the $18.00 resistance.
NuggetRush has also seen a 90% price pump in the past few weeks. Analysts have predicted a potential 50x surge after the end of its blockchain ICO, and it is listed on top exchanges.
NuggetRush (NUGX) Forecasted To Rise 50x
NuggetRush (NUGX) emerges as the best coin above other presale tokens, garnering significant attention during its ICO phase. With its impending market debut, the token’s value has increased by about 90% since the start of its presale. This bullish sentiment is responsible for the high hopes that investors have maintained about the project.
Besides, analysts are forecasting a potential 50x gain once it games its way to top centralized exchanges. Positioned as a revolutionary force in the GameFi sector, NuggetRush offers players a virtual mining game where they can earn rewards by managing mining ventures.
Featuring popular NFTs as playable characters and offering up to 20% APY through asset staking, NuggetRush has captured the ears of investors. Its play-to-earn game aims to blend entertainment with impactful social initiatives. It would offer support to artisanal miners in undeveloped regions.
Furthermore, NuggetRush investors can get real gold delivered to their houses. All they have to do is get special NFTs called RUSHGEM NFTs and convert them to gold. This opportunity makes NuggetRush the best crypto investment to store wealth.
Cardano (ADA) Sees Reduction in Whale Accumulation
Cardano (ADA) has been trading between $0.5865 and $0.6819 in the past week. The altcoin is currently battling with bearish pressure that has dropped its weekly gains to 9.0%. Currently, there is a noticeable downtrend in Cardano whale transactions valued at over $100,000.
Santiment has reported a huge drop in whale activity and a rise in profit-taking since February 29th. Also, the Network Realized Profit/Loss metric shows that ADA holders have gotten nearly $380 million in profits since March 20th.
To change this bearish scenario, Cardano’s price must rise above the $0.7328 mark. Moreover, the token’s technical indicators are still bullish, and development activity on the network has increased in the past few months.
Aptos (APT) Soars Riding on Recent Google Cloud Partnership
Aptos (APT), the native token of the Aptos layer1 blockchain, has seen bullish growth in the past week. The altcoin price has crossed the $18.00 resistance, reaching a weekly high of $19.23. At the moment, the altcoin is showing gains of 23.1% and 92.5% on the weekly and monthly price charts.
Interestingly, his price surge comes after Aptos Labs partnered with Google Cloud to launch Aptos GameStack. This platform is aimed at transforming live service games by adding web3 features.
If the Aptos coin can stay above the $18.00 region, there is a high chance that the token could rise to $20.00 in the short term. In the long term, the DeFi coin price could rise toward the $30.00 resistance level. If the bullish momentum continues, the token could rise to $50.00 before the end of 2024.
Conclusion
NuggetRush and Aptos have become a safe haven for Cardano Investors as they remain among the bullish altcoins in the market. Analysts are bullish about their price trajectory, especially the new DeFi project, NuggetRush.
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