Investors Turn To New Altcoin Looking To Blast To $1, As Cardano and Pepe Plunges

● Pepe prices have plunged by 3.3% and 13.7% in the weekly and two-week timeframes. ● Cardano's price has dropped 6.0% in the past week despite high developer activity. ● NuggetRush is forecasted to give investors 50x gains after its listing on top exchanges.

Amid the latest bearish market momentum, Pepe's price has dipped 3.3% and 13.7% over the weekly and biweekly periods, respectively. Cardano has followed suit with a 6.0% drop in the past week despite high developer activity.

However, NuggetRush has emerged as one of the bullish altcoins with promising potential. Besides, analysts have predicted a potential 50x return for investors after its upcoming listing on major exchanges.

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Investors Swarm To NuggetRush (NUGX) for 50x ROI

NuggetRush's (NUGX) crypto ICO has achieved notable success, selling over 250 million NUGX tokens and raising $3.4 million from investors. The major reason for the high interest of investors is its upcoming mining-themed game that integrates adventure, play-to-earn mechanisms, and GameFi elements.

In the game, players will be confronted with different challenges, and they can join these challenges to win free tokens, in-game assets, and trending NFTs. Some of these activities include looking for minerals, including gold and silver, making competition in a particular precious metal, and being the first one to find gold and other treasures.

On the other hand, gold and other precious minerals mined in NuggetRush are tradable for tokens, and they are also available for the purchase of in-game assets. On top of that, NuggetRush is endeavoring to establish an influential community that is focused on the collaboration of its users.

However, players need NuggetRush's native token, NUGX, to be part of the community. The token is currently priced at $0.019, with an anticipated surge of 50x after its listing, making it the best cryptocurrency to buy.

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Cardano (ADA) Price Down Despite High Development Activity

Cardano (ADA), the network with the largest network activity, continues to make headlines in the crypto community. Recently, data from IntoTheBlock showed that Cardano surpassed Ethereum, Avalanche, Litecoin, and Tron in terms of GitHub contracts.

Unfortunately, the high development activity has not affected the network's utility token, ADA. ADA is presently trading at the $0.5804 – $0.6856 price range on the weekly timeframe. The coin has plummeted 6.0% on the weekly chart and 9.8% in the last 14 days.

Cardano has remained one of the top 10 altcoins, which demonstrates its resilience. As for IntoTheBlock data, the resistance line can be seen from $0.65 to $0.74, the range where around 3.47 billion ADA were bought. The momentum required to crack this barrier would help the price of Cardano coin hit $1.00.

Pepe (PEPE) Price Drops 13.7%

Like Cardano, Pepe (PEPE) is holding its position among the top 50 cryptos in the market by market cap. It is one of the largest ETH memecoins in the market and has soared 529.8% in the past month.

While the monthly timeframe paints a bullish picture, the situation is different on the weekly and two-week price charts. PEPE price has dipped by 3.3% and 13.7% on these timeframes, respectively.

Notwithstanding, Pepe is still surrounded by bullish potential, having recorded 17 green days in the past month. Also, the meme coin's SMAs and 14-day are bullish and support a potential rise to $0.00001524 from its current price level of $0.000006109 – $0.000008405.

Final Thoughts

As Cardano and Pepe are losing their value, shrewd investors are already purchasing stacks of NuggetRush coins. To date, the cryptocurrency ICO has shown that a large community of crypto enthusiasts support the idea of this project.

NuggetRush has sold over 250 million tokens so far due to the matchless expectation about the upcoming play-to-earn mining game. The forecasted ROI of NUGX makes NuggetRush the best crypto to invest in today.

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