TLDR:
- The Avalanche Foundation has listed out the meme coins it wants to invest in.
- A crypto trader has made over $3.39 million in profit from Pepe.
- Analysts have tagged NuggetRush as the project to produce the next batch of crypto millionaires.
In a recent development, the Avalanche Foundation has unveiled the meme coins it will invest in. Meanwhile, a crypto trader has made a profit of $3.39 million from the Pepe price rally. Luckily for those who missed out, analysts have tagged NuggetRush as the best cryptocurrency to lead the next wave of crypto millionaires.
Pepe (PEPE) Gives Trader $3.39M In Profit
Pepe (PEPE), the frog-themed meme coin has produced a massive surge of over 1,330% in the last six months. The meme coin which fell out of the top 100 cryptos now ranks among the top 50 by market cap.
Pepe Bulls capitalized on the rally and reached an ATH of $0.00001064. Meanwhile, the on-chain analysis platform Spot On Chain revealed that a crypto trader made over $3.39 million in profit after depositing 500 billion tokens (about $4.26 million) in Binance.
According to Spot On Chain, the Trader is still holding about 100 billion PEPE tokens and has made profits of over $900,000 from other meme coins like Shiba Inu and Floki Inu.
NuggetRush (NUGX), the Next Crypto To Make Traders Millionaires
Investors and top traders who missed out on Pepe are now moving to a new DeFi project called NuggetRush (NUGX) that has been predicted to see 100x gains in the coming months. Those who buy $100 worth of NuggetRush tokens will have $10,000 after the surge.
NuggetRush is a meme coin and the play-to-earn token of an upcoming mining game. In this fun game, players mine for minerals and compete with other miners for rewards.
To make the mining process more efficient, players can train workers, update tools, and partner with other miners. NuggetRush is now in its launchpad presale round, and early buyers have already made a 90% profit, making it a good crypto to buy.
The NUGX coin is worth $0.019 right now, and is expected to go up 100x after its listing. The unique features of the project and its growth potential make NUGX a great investment for looking for what crypto to invest in now.
Avalanche (AVAX) Foundation Shows Support For Meme Coins
In a recent report, Avalanche (AVAX) Foundation highlighted five Avalanche-based meme coin projects in which it will invest. This is part of the platform’s Catalyst initiative, which it announced last year.
The meme coins that were chosen based on certain criteria like trading volume and uniqueness includes Kimbo, technology joke, No Chill, Coq Inu, and Gecko. Meanwhile, Avalanche AVAX is trading in the green region with few other altcoins.
AVAX price has increased 31.1% to a weekly high of $58.64 from a low of $41.06. The altcoin price is also bullish on the 14-day and 30-day price charts, displaying gains of 34.9% and 35.2%. If this price pump continues, AVAX could climb to $50.00 in the next few days.
Final Words
NuggetRush’s dual features as a meme coin and gaming token make it the best altcoin to buy in the market right now. Analysts see the project surpassing Pepe’s market rally and rising to the top 5 cryptocurrencies in the coming years. So, this is the best time to join the project before the rally begins.
