- Altcoin Sherpa has forecasted that the price of Solana will rise to $500 in 2024.
- Whales are buying large amounts of Pepe tokens.
- NuggetRush has seen large whale activities.
In the latest crypto news, top analyst Altcoin Sherpa has predicted Solana will reach $500 in 2024. Additionally, Pepe tokens and NuggetRush have seen significant whale activity, indicating a growing interest in these top altcoins.
Why Whales Are Flocking To NuggetRush (NUGX)
NuggetRush (NUGX) merges the world of meme coins with a play-to-earn mining game. This venture involves a mining project where players get into a metaverse world, and they go on and search for gold they exchange for real cash.
The game will fully immerse the player into the world of artisanal mining by requiring the player to consistently focus on making strategic plans and using resources wisely to achieve success. Besides personal accomplishments, NuggetRush stimulates both community interaction and access to opportunities for the expansion of your business.
Individuals can forge alliances to pool resources, mine, and share gains, which makes this coin a perfect time to invest. Besides that, NuggetRush offers a VIP membership program. The service has a rewards system in which users get to enjoy promotions, discounts, and exclusive gaming rooms. NuggetRush has already reached 242 million token sales to both whales and retail investors.
The blockchain ICO of the project itself has exceeded $3 million in funds raised. As anticipation builds for its launch, analysts have predicted those who join the presale now will see 50x gains on their investment. Luckily, NuggetRush’s NUGX tokens are up for sale at only $0.019, making it the best coin to invest in at a relatively cheap price.
Solana (SOL) Forecasted To Hit $500
Crypto analyst Altcoin Sherpa has presented an optimistic outlook for Solana (SOL). He Forecasted that Solana will reach a new high this year in a tweet on X. He noted that there might be a pullback somewhere in the $200-$250 range.
However, Altcoin Sherpa expressed confidence in Solana’s performance, saying he is still very “bullish on this one for this cycle.” Additionally, the analyst mentioned the mad rush of investors for Solana memecoins before tipping a price target of $500+ in 2024 for Solana.
Currently, SOL is traded at the $162.27 – $208.33 price range in the past week with a rise of 9.0. The altcoin price is also bullish on higher timeframes, with 35.2%, 71.7%, and 740.4% on the 14-day, 30-day, and 365-day price charts.
Pepe (PEPE) Witness Massive Whale Accumulation
Pepe (PEPE), one of the bullish ETH memecoins, has seen a renewed surge in whale interest. Data from Spot On Chain showed that two whales had bought large amounts of Pepe tokens.
According to a post by Spot On Chain on X, a trader swapped 3.67 million USDC and 300 WTAO (WrappedTAO) for 460.2 billion PEPE tokens. In another trade, an investor liquidated $1.12 million worth of Shiba Inu (SHIB) holdings to acquire 100 billion PEPE tokens.
Both investors made huge profits on their purchases, which ran into millions. With this bullish buy action, the crypto community is on the lookout for a potential price surge in the coming weeks. At the moment, the price of Pepe has been fluctuating between $0.000006109 and $0.00001064 in the past week.
Final Thoughts
The bullish forecast for Solana and the whale activity surrounding NuggetRush and Pepe is good news for investors. Those looking for them can consider these altcoins for bullish gains in the coming weeks.
