Disclaimer: This is a third party sponsored post and is not the responsibility of Newsbit. Investing in cryptocurrency pre-sales involves high risks, so invest wisely and never more than you are willing to lose.
- Investors are looking for the best DeFi projects that can generate high profitability.
- Stacks and Avalanche have built strong support price levels, while Cardano and Toncoin are fighting for the tenth place in the list of the best cryptos.
- NuggetRush’s pre-sale will close soon as it prepares to launch on major decentralized exchanges.
Decentralized finance (DeFi) coins represent the financial innovation of cryptocurrencies. Without a central authority, these cryptocurrencies offer users better services compared to traditional banking and open up opportunities that were previously closed to investors. Many leading crypto traders and analysts, especially Michaël van de Poppe, predicted that this year will be a breakthrough year for projects on DeFi’s crypto list.
This development and many other bullish indicators raise questions about which altcoin investors can HODL (Hold on for Dear Life) for significant gains in 2024. With this in mind, experts have selected the top five cryptos, namely Stacks (STX), Avalanche (AVAX) , Cardano (ADA), Toncoin (TON) and NuggetRush (NUGX) that investors can buy. NuggetRush has made its mark in the market with its innovative play-to-earn (P2E) game that combines real-time rewards.
This article looks at the offers and indicators that make these coins the best buys for maximum profit.
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NuggetRush (NUGX): Leading meme coin with utility
NuggetRush create a vibrant community of crypto and gaming enthusiasts in a safe online environment where they can fully immerse themselves in the benefits of GameFi. This new meme coin is among the coins to HODL for maximum returns as it combines virtual artisanal mining, cryptocurrency and real rewards like cash and gold to create its attractive P2E game. This project runs on the Ethereum (ETH) blockchain – the most used blockchain that guarantees accessibility to many users.
NuggetRush’s rise on the DeFi crypto charts can also be explained by its gameplay, which features characters that are both game characters and digital collectibles. From tournaments to adventures, battles to ranked matches, players can earn rewards regardless of skill level or geographic location. The goal of the game is to be self-sufficient and generate income by cooperating with gold suppliers. Thanks to this partnership, RUSHGEM rewards can be redeemed for real gold and delivered directly to the player’s front door. This unique feature makes NUGX one of the best altcoins to dominate your portfolio this year.
Soon, NUGX will reach a mainstream value of at least $0.020 when listed on Uniswap and other top exchanges. In light of this, the presale sold a whopping 270 million tokens in record time, raising over $3.8 million in five stages.
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Stacks (STX): Leader of the Bitcoin Revolution
Smart contracts started with the Ethereum network, and Bitcoin (BTC) lacked this feature for over five years. Stacks came along and brought smart contract technology to the Bitcoin network. With this month’s expected crypto rally, a major STX breakout above $4.00 could happen soon.
Stacks is one of the DeFi tokens that could see exponential growth from its $3.00 range. With this month’s expected crypto rally, a major STX breakout above $4.00 could happen soon.
Avalanche (AVAX): DApp scaling solution
The Avalanche have been very solid in recent months; Although it has not seen a spectacular rally, the crypto has built strong support levels. Of note is the extremely scalable nature of the AVAX network, which has played an important role in its expansion and widespread adoption.
AVAX has the potential to rise as much as its rival Ethereum in 2024. Many cryptocurrency analysts believe that the DeFi price, which is currently around $46.00, could reach $100 before the end of the year.
Cardano (ADA): Top analyst predicts 300% rally
Well-known cryptoanalyst Ali Martinez predicts a significant increase in the price of Cardano in the coming weeks. Martinez’s forecast, based on historical patterns and the current trajectory, suggests a likely upside of more than 300 percent for ADA. Its first outlook, made in mid-March, highlighted striking similarities between Cardano’s current market dynamics and the patterns seen between 2018 and 2021, when it was valued at $1.70.
Martinez’s latest update echoes his rising sentiment. The analyst highlights that ADA’s current position is exactly as expected, confirming the expected breakout to $1.70.
Toncoin (TON) Meteor Rise: Secures a spot in the top 10 cryptos
Over the past seven days, the price of Toncoin has risen by more than 54 percent, reaching an all-time high (ATH) of $7.48 on April 11. Toncoin, the original cryptocurrency on The Open Network blockchain, has reached a major milestone by becoming the tenth largest cryptocurrency by market capitalization on April 9th after surpassing $23 billion in market capitalization, well over $26 billion. The recent rally can be partly explained by the developers of the TON Society earmarking $5 million in Toncoin to encourage users to verify their identity with HumanCode’s palm scanning technology. This initiative and other collaborations have led to user adoption and contributed to Toncoin’s price increase.
Final thoughts
Based on their suggestions and recent positive price action, Stacks, Avalanche, Cardano, Toncoin and NuggetRush are the top 5 cryptos that investors should acquire for high returns in the upcoming 2024 bull cycle NuggetRush is one of the best pre-sale platforms with easy to own non-fungible token (NFT) and cooperation with gold suppliers . Visit the link below to learn more about the NuggetRush pre-sale today!
Visit NuggetRush’s pre-sale site
Disclaimer: This is a third party sponsored post and is not the responsibility of Newsbit. Investing in cryptocurrency pre-sales involves high risks, so invest wisely and never more than you are willing to lose.