Release: 2024/02/04 01:04 Reading: 838
The post Ripple’s (XRP) Downturn Persists – Investors Double Down on Pepe (PEPE) and NuggetRush (NUGX) appeared first on Coinpedia Fintech News
TLDR
If you are a current Ripple (XRP) holder, chances are you are frustrated. Seeing other altcoins pump but your bags unmoving is bound to create such a feeling. To HODL—more dip—or sell at a loss? Talk about being between a rock and a hard place.
Amidst XRP’s underwhelming and bearish price movement, investors have been doubling down on Pepe (PEPE) and NuggetRush (NUGX). This post will cover why these are the best cryptos to buy now.
Memecoins are quickly becoming the go-to investments for savvy investors. Finding them in their early stages—ICOs—positions investors for even more staggering gains. Hence, NuggetRush (NUGX), an emerging memecoin, has been hailed as the best new crypto to invest in today.
It is more than just a meme, though, as it combines features of play-to-earn (P2E) and GameFi. As a P2E memecoin, it represents the best of both worlds, making it a bullish narrative. Some of its use cases will include governance and being the in-game currency.
Given the above, NuggetRush is among the few meme coins with potential. Its upcoming game is set to take the gaming world by storm, as it will be built around a unique concept: virtual gold mining. It promises a thrilling and immersive gameplay experience and opportunities to earn valuable in-game assets. These can be traded for gold or cash on the marketplace.
In the fifth round of the presale, a token costs only $0.018. According to experts, it is one of the most bullish plays at the moment, tipping it for a 6,500% jump after its launch. You can position yourself for staggering gains by participating in the presale via the link below.
Ripple (XRP) is arguably the most disliked altcoin at the moment. During an overall market rally, it either consolidated or registered a slight uptick. On the flip side, during a market downturn, it is more often than not one of the biggest losers.
The Bitcoin ETF impact on crypto prices, which resulted in a market downturn, saw a significant dip in the price of XRP. Since then, other altcoins have rallied, but XRP remains in bearish zones.
Its decline has been attributed to several factors, notably the ongoing lawsuit against the SEC. As long as the legal tussle rages on, XRP will likely be at the mercy of the bears. However, a victory will propel it into an uptrend, which token holders are currently praying for.
Pepe (PEPE) is one of the most popular memecoins. It used to be among the top 100 cryptos, but intense competition has seen it decline. Nevertheless, its bullish run last year—one of the biggest highlights—makes it a favorite among investors and enthusiasts.
Set to repeat its 2023 run, Pepe is one of the best meme coins to invest in. Its massive upside potential after a significant price dip makes it a good crypto to buy. As one of the most popular ETH meme coins, analysts anticipate a strong surge in its price, which explains why investors have been doubling down.
Further, its deflationary tokenomics and zero-tax policy make it even more appealing. To ride its bullish wave, we suggest adding some Pepe tokens to your crypto portfolio.
XRP’s underwhelming price action persists, leading to groans of displeasure among holders. Meanwhile, investors have been shifting their focus to NuggetRush and Pepe, more promising investment options. Set to skyrocket, you can participate in the NUGX presale through the link below.
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