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With bullish sentiment around Bitcoin ETFs and the upcoming halving, analysts suggest Bitcoin and NuggetRush as top picks before the anticipated bull run.
NuggetRush's presale success and upcoming DeFi game make it promising.
Bitcoin's halving event fuels expectations of a surge, while Solana shows signs of a bullish rally, supported by its ecosystem and meme coins.
This year, price swings from crypto tokens have targeted the upside, thanks to bullish sentiment from the approval of the Bitcoin (BTC) ETFs and the upcoming Bitcoin halving event. As investors prepare for the explosive bull run expected to begin in Q2, the search for promising investments has skyrocketed. According to analysts, Bitcoin (BTC) and NuggetRush (NUGX) are the best tokens to buy before the bull run begins.
The recent market-wide sell-off in March has provided opportunities to buy these promising tokens at a discount. Tokens like Bitcoin and Solana are currently at lower prices than the peaks recorded before their March decline. Meanwhile, NuggetRush is gearing up for an explosive surge soon after its presale. All these variables are why investors have dubbed them as the best cryptos to invest in for the bull run.
Let's explore the potential of these five tokens.
NuggetRush comes first because its performance in recent months has been outstanding. Over the five-round presale, its native token, NUGX, exploded with a 100% surge. The platform also sold over 270 million tokens in record time, showcasing whale interest for the token. This massive sale of the NUGX presale tokens has translated to over $3.8 million for the platform to develop its DeFi platform.
The growth of NuggetRush's presale tokens is just a start compared to the milestone NuggetRush is on track to record after it launches. It plans to offer gamers and real-world artisanal miners the opportunity to make real cash from playing a DeFi game. The game simulates real-life mining where players can explore various locations for precious minerals. These in-game assets can be swapped for real cash, making it the best crypto investment for gamers and miners.
There's also a character-based NFT collection and a RUSHGEM collection, which is rare, but lucky players who get it can swap it for real gold. They can all be staked for a 20% APY, providing extra income to investors. Since the platform is about to be launched, investors have recognized the ongoing launchpad stage as the best crypto investment option to get in on the bull run early.
After the recent Bitcoin surge, analysts gave it a base target of $80,000 after the upcoming halving. The event is expected to commence on the 20th of April. The event will reduce block rewards from 6.25 BTC to 3.125 BTC, and the price of Bitcoin will push up thanks to supply and demand. Bitcoin also closed above its previous all-time high of $69,000. Bitcoin ETFs have been recording massive inflows recently, suggesting the presence of whale investors. The recent 2% jump in the price of BTC has provided buying opportunities for interested investors, and whales are trooping in with billions of dollars in liquidity.
Analysts have pointed out that Solana delivers signs of a bull flag on its price chart. If Solana fulfills this pattern, we could see SOL trade to new all-time highs. Considering upcoming impact events and the performance of the Solana ecosystem, the odds of it achieving this projection are extremely high. SOL has retested its low at $173 to $175, a key support for Solana. SOL is expected to react from this zone, and the performance of Solana memecoins has increased its bullish potential. Meme coins like Dogwifhat, Slerf and Bonk have been pulling massive interest in Solana, with whale support surging during Q1.
Conclusion
As the demand for promising crypto investment skyrockets, Bitcoin, Solana, and NuggetRush have stolen the spotlight. Whale investors are favoring Solana mainly because of the performance of Solana memecoins. Meanwhile, Bitcoin has gained whale support thanks to its upcoming halving event and its presentation of buying opportunities. As for NuggetRush, the expectations are high because of the performance of its presale. The fact that NuggetRush is yet to launch has drawn more support for the platform, with whale investors buying up the token. These are why analysts are backing them as the best cryptos to invest in for the bull run.
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