TLDR:
- As the network gets stronger and whales continue their accumulation spree, Ripple (XRP) could see a price increase in February.
- Experts predict that NuggetRush (NUGX) could grow in value by 10x, with its potential to be a leader in the GameFi space.
- The value of Dogecoin (DOGE) has been rising and is expected to rise further in the next few weeks.
The price of Bitcoin is beginning to climb as investor sentiment post BTC ETF improves. While BTC could see gains, there are signs that Ripple (XRP), NuggetRush (NUGX), and Dogecoin (DOGE) will outperform the leading crypto. Read on to find out why these are the three top crypto coins to hold in February 2024.
Ripple (XRP) Poised for Price Outbreak As Momentum Builds
In the aftermath of the SEC decision on Bitcoin ETF, Ripple (XRP) has been one of the most impacted altcoins. From a yearly high of $0.6400, the Ripple coin tumbled to the $0.500 range. Despite this bearish performance, there have been signs in the market that hint at a major price outbreak.
Santiment recently reported the biggest whale transaction count on the network since July 2023. Interestingly, the last time large transactions of this magnitude were recorded on the network, an 80% price surge followed.
In addition, the amount of XRP held by $10+ million addresses has hit the highest level since December 2022. With these growing positive trends, EGRAG Crypto has advised investors to keep on stacking XRP as it could surge by more than 10x in the coming weeks.
NuggetRush’s (NUGX) Impact in GameFi To Fuel Massive Rally
The blockchain gaming industry is growing at a frantic pace and is predicted to hit a $615 billion valuation by 2030. NuggetRush (NUGX) is an exciting new game set to shake up the industry with its unique play-to-earn mining concept. Hailed as a transformative game, the native NUGX has become one of the best coins to invest in for February.
The NuggetRush gameplay is immersive, transporting players into a virtual world where they use real-world mining skills, critical thinking, decision-making, and resource management to challenge other miners. From the very beginning, gamers are equipped with primary machinery and NFT characters, but as they are able advance in the game, they can purchase better accessories to improve their mining operations.
Players can also work in groups while doing quests in the virtual world, hence, their numbers help to increase the gameplay depth as well as provide new opportunities for receiving group bonuses. The NFT marketplace is perhaps one of the finest features of NuggetRush (NUGX), as it gives players a chance to sell their in-game rewards and minerals at their own prices based on how rare they are.
And if that’s not enough, gamers can receive 20% APY as a reward for staking their NuggetRush NFTs. NuggetRush (NUGX) is currently in round five of its presale after growing by 80% from $0.010 to $0.018. Many investors are convinced that NuggetRush (NUGX) will become one of the top DeFi projects, with an expected 10x increase in February.
Dogecoin (DOGE) To Bounce Back in the Coming Weeks
Like XRP, Dogecoin (DOGE) suffered major losses in January. However, many experts are backing the project to pull a major comeback in February. A major reason for this is the rapidly growing network activity and ongoing accumulation spree.
The number of new wallets created on the network surged to 247,240 on January 29, an increase of 1095%. In addition, accumulation from whales and retail investors has been on the rise. Spotting all these trends, analyst Crypto Patel has spotted a bullish trend that could see DOGE set a new ATH in 2024.
Closing Thoughts
With the crypto market sentiment turning bullish, NuggetRush, Dogecoin, and Ripple are the three top altcoins to watch. While the three coins are poised for significant gains, NUGX has shown the most potential. Also, with its platform scheduled to launch later in Q1, investors have a great chance of entering early into the project.
