TLDR:
Michaël van de Poppe and Rekt Capital have both confirmed the beginning of an altcoin season.
Pepe and XRP are two top altcoins analysts expect to record explosive growth this altseason.
Meanwhile, NuggetRush is the new altcoin they believe could record the biggest gains in 2024.
The dawn of a new altseason has been confirmed by several top market experts, including Michaël van de Poppe and Rekt Capital. While there are thousands of altcoins to watch as we head into another bull cycle, XRP, Pepe, and NuggetRush are considered the best buy, given their upside potential in 2024.
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NuggetRush (NUGX) Captures Gamers Interest As the Next Big Thing in GameFi
Early in the year, NuggetRush (NUGX) introduced an innovative gaming platform that combined elements of crypto, finance, NFT staking, and real-world artisanal mining. The concept captured the attention of the GameFi space, leading the project to raise over $3.8 million in its crypto ICO.
NuggetRush is positioned to be the next big thing in the GameFi space because of its exciting new concept. Within the game, players become artisanal miners, searching the virtual world for gold, rare gems, trending NFTs, and other precious minerals.
As they find these precious items, they can convert them to cash, NUGX tokens, and other valuable items. The most popular NFTs of the NuggetRush game are called RUSHGEMs. These NFTs are extremely rare and hold remarkable value as miners who find them can convert them to real gold. Conversely, they can stake them and earn APYs of up to 20% of the value of the NFTs.
While NuggetRush’s NUGX was easily one of the best presale tokens to buy, yielding a return of 100%, it has performed even better after its launch. From an initial listing price of $0.020, NUGX surged as high as $0.038 in a week of its launch on Uniswap. Heading into the altseason, a price target of $1.50 has been set for NUGX, making it the best new crypto to invest in.
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Ripple (XRP) is Due for a New All-Time High – EGRAG Crypto
Ripple (XRP) might not have been among the best altcoins of 2024, but EGRAG Crypto believes a turnaround will happen soon. In his latest analysis, the crypto analyst pointed out that the 21-moving average (MA) of XRP has crossed above the 55 MA, signaling a major bullish move for the altcoin.
This bullish cross led to Ripple’s bullish moves in 2016 and 2023. EGRAG explained that if history repeats itself, then the XRP altcoin price will create a new all-time high by September 9, 2024. The price target set for XRP during this move is $3.84.
Pepe (PEPE) is One of the Golden Tickets of 2024 – The Crypto Dog
In 2024, Pepe (PEPE) has been one of the top bullish memecoins, rallying by over 530%. While the meme coin has been a top performer, The Crypto Dog has picked Pepe to be one of the golden tickets of this bull cycle.
While the meme coin recently rallied above $0.000008500, analysts are optimistic that a break above $0.000010 is imminent. To confirm this prediction, there has been a surge in whale activity around Pepe. LookOnChain recently reported that a smart money investor recently bought over $1.25 million worth of Pepe.
Closing Thoughts
The comments and analysis of several top analysts have confirmed that the altcoin market has bottomed out and could be ready for a major rally. Based on their positioning for gains, Pepe, XRP, and NuggetRush are three of the best altcoins to buy.
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