SPONSORED POST*
TLDR:
- The crypto market is now in a hyper-bullish mode after Bitcoin moved beyond $68k approaching the all-time high.
- A significant announcement has caused a 45% price pump in Theta Network.
- NuggetRush has soared by 90% but remains poised for further gains before the launch.
Bitcoin (BTC) has continued to extend its gains over the past week, crossing $68,000 for the first time since November 2021. The rally of BTC has set the pace for the rest of the crypto market, with Theta Network (THETA) and NuggetRush (NUGX) emerging as two of the best cryptos to buy and HODL this bull season. Read on to find out how they could perform.
Bitcoin (BTC) Market Cap Hits New ATH, Price Set To Follow
The inflow of capital from institutional investors has continued to increase, driving the price of Bitcoin as high as $68,900 for the first time since November 2021. With its ongoing price surge, the market capitalization of bitcoin has reached a new all-time high of $1.33 trillion.
Sam Wouters has reported that Bitcoin has hit new ATHs in 14 out of the top 20 fiat currencies. Given the growing bullish momentum and FOMO in the market, BTC could set a new ATH before the end of this week.
The upcoming halving, rising investor interest in cryptocurrencies, and inflows into spot BTC ETFs have all helped to boost the price. Many top crypto experts expect the price of Bitcoin to trade above $100,000 before the halving, which is set to happen in less than 50 days.
NuggetRush (NUGX) Set for Explosive Rally in the Coming Weeks
NuggetRush (NUGX) has been on an uptrend, with BTC leading the way. The NUGX has emerged as one of the best altcoins, and its price has risen by 90% to reach a new high of $0.019 per coin. Nevertheless, crypto gurus have high hopes for NuggetRush, which may be one of the market leaders in 2024, with profits of up to 25x.
The main driver for the bullish predictions for NuggetRush is the hyperrealistic mining virtual world that it has created. NuggetRush is scheduled to start within the next few weeks and will provide a mining experience that can be dubbed a gold rush. The players will assume various mining activities, hire miners, and grow their works to locate gold.
The fact is that the virtual gold that presents the largest part of the allure of NuggetRush is convertible to real cash or gold in its marketplace. The NuggetRush team is also incredibly community-centric, and the smart contracts will be renounced after launch to give the community more control.
Because of its exciting features, NUGX has been one of the in-demand ERC20 coins, with over 210 million snapped up in the past few weeks. The team has also raised over $2.6 million ahead of the launch, making it one of the best new DeFi projects.
Theta Network (THETA) Pumps 45%, Set To Extend Rally
Over the past month, Theta Network (THETA) has been among the most profitable top crypto coins. Increasing by more than 45% on the monthly chart, the altcoin price has surged above $3.10 for the first time since April 2022.
The THETA price rally began after the team announced the launch of the Theta EdgeCloud Phase. Scheduled to launch in Q2, the Theta EdgeCloud looks to usher in a new era of AI computing. With Theta incorporating more AI, one of the hottest technological trends, crypto analysts are bullish about its price in the coming months.
Closing Thoughts
With Bitcoin setting the tone, the overall cryptocurrency market has continued to see significant gains. Theta Network and NuggetRush are two standout altcoins that every investor should consider investing in, as they are outperforming the broader market while still looking to extend their gains in the coming weeks.
Visit the NuggetRush Presale Website
*This article was paid for. Cryptonomist did not write the article or test the platform.
