March Madness: Solana (SOL) Hits $200; Pepe (PEPE) and NuggetRush (NUGX) Become Meme Favorites – CoinJournal | CPT PPP Coverage
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March Madness: Solana (SOL) Hits $200; Pepe (PEPE) and NuggetRush (NUGX) Become Meme Favorites – CoinJournal appeared on coinjournal.net by News Team.
TLDR
- Solana hit $200, a level last seen in 2021, with more room for growth.
- Pepe boasts massive growth potential.
- NuggetRush is the latest meme sensation, with some analysts predicting it could explode after its market debut.
It has been an exciting couple of weeks, with several notable developments in the world of crypto. From Bitcoin hitting a new all-time high (ATH) in early March to Solana (SOL) soaring past $200 in the middle of the month before taking a dip down to $172, the first quarter of 2024 is poised to finish on a strong note.
At the same time, Pepe (PEPE), a top altcoin in the meme ecosystem, and NuggetRush (NUGX), one of the most promising new ICOs, have become meme favorites. With some analysts forecasting impressive upside potential for these meme-inspired tokens, a growing number of investors are beginning to view them as the best cryptos to buy now.
NuggetRush (NUGX): A bullish wave not to miss out on
NuggetRush (NUGX) is a new meme favorite. Besides its memetic appeal, it is more than just a meme; it is a memecoin with potential. It stands at the intersection of P2E, GameFi, memes and real gold mining. This captured investors’ attention, propelling the ICO past $3 million in early funding.
The upcoming P2E game will feature gold mining—a novel gameplay experience. It checks most, if not all, gaming expectations, from a thrilling and immersive gameplay experience to passive earnings.
Valuable in-game assets will be collected while playing the game, which can be exchanged or traded on the NFT marketplace for real gold or cash.
The ongoing presale is currently in the launchpad round, with a token priced at $0.019. But some analysts are predicting NUGX could see a massive spike in price after its market debut.
Solana (SOL): Hitting $200
Solana (SOL), one of the top altcoins and CoinMarketCap’s “Crypto of the Year,” has been on a roll in 2024. It had one of the most remarkable performances last year, blasting past $100 from $10—an explosive surge. Building on this momentum this year, it has been one of the best-performing top crypto coins so far.
It recently hit $200, retesting levels last seen in 2021 during a bull market. Currently within striking distance of its all-time high of $260, Solana is a token to bet on and could be one of the best coins to invest in. Even though the price has dropped down to $172, many analysts still see a lot of upside potential.
Despite the emergence of new cryptocurrencies like DYM and JUP, Solana has remained in the spotlight. Given its bullish price outlook, it is among the best cryptos to invest in this year.
Pepe (PEPE): A favorite among investors
Pepe (PEPE) is a leading meme token in the crypto space. It burst into the crypto scene in 2023—one of the year’s biggest highlights. Early holders Lamboed, making explosive gains. Aiming to replicate previous runs, it could still be a good crypto to buy, and still remains an investor favorite.
After leading the latest meme craze, Pepe has made a big statement regarding its potential.
Conclusion
March has been charting a bullish course, with Solana at the forefront after hitting $200. Also riding this wave are Pepe and NuggetRush, which are becoming meme favorites, especially NUGX.
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