Bitcoin (BTC) Soars to New Peak, Liquidating Shorts; Dogecoin (DOGE) Holders Move Profits into This New P2E Memecoin
In Brief
It has been an exciting week—maybe not for the bears—as Bitcoin hit a new peak again. Meanwhile, Dogecoin holders have their sights set on riding NuggetRush’s bullish wave by participating in the presale
TLDR
- Bitcoin creates a new peak after an impressive jump.
- Dogecoin holders shift to NuggetRush, a new P2E memecoin.
- Analysts are bullish, predicting a 90x upswing after NuggetRush’s launch.
Excitement reached a frenzy earlier this week after Bitcoin (BTC) hit $73,000, creating a new all-time high (ATH) and liquidating millions of dollars in short positions. Meanwhile, investors have been moving their profits from Dogecoin (DOGE) into NuggetRush (NUGX), a new and exciting P2E memecoin.
This trend suggests investor confidence in NuggetRush, hailed as the best new crypto to invest in. You can learn more about its appeal by reading further.
NuggetRush (NUGX): Gearing Up for Explosive Growth
NuggetRush (NUGX) has been experiencing massive investor interest, which can be attributed to several factors. For starters, it is an emerging crypto with staggering upside potential. This explains why investors’ profits have been flowing into its ongoing presale—over $2.9 million raised—including Dogecoin holders.
In addition, taking a different approach, NuggetRush is positioned at the intersection of memes, play-to-earn (P2E), GameFi and NFTs. This makes it stand out from most of the new ICOs and memecoins with tangible utility. Besides being the in-game currency, NUGX will function as a governance token, giving users a say in the future of the game and the ecosystem.
The presale is nearing its launch and is currently in the launchpad round. A token is reasonably priced at $0.019, which is a low entry point and an opportunity to snag more NUGX tokens at their lowest price. Meanwhile, analysts predict a 90x upswing after its launch. Full send! With investors swarming the presale to Lambo, NuggetRush is a promising wave not to miss out on.
Bitcoin (BTC): Price Discovery Begins
Bitcoin (BTC) sent the crypto community into a frenzy after creating an all-time high—again—and liquidating short positions worth millions of dollars. It is officially on price discovery, with analysts having different price outlooks for the flagship crypto.
Some believe it will hit $80,000 before the halving, which is a couple of weeks away. On the other hand, others believe that BTC will soar past $100,000 before the year comes to an end.
While predictions may vary, one thing is certain: this is a bull market. With retailers and institutions fighting for a slice of Bitcoin—capped at 21 million tokens—it is poised to skyrocket. This makes it one of the best coins to invest in.
Expected to continue its price discovery journey, Bitcoin has a bright future, recently outstripping silver by market capitalization. With further upside anticipated, BTC is among the best cryptos to buy now.
Dogecoin (DOGE): Leading the Meme Frenzy
As Bitcoin is the first cryptocurrency, Dogecoin (DOGE) is the OG of meme coins. It introduced the meme narrative after its fork from Litecoin in 2013, envisaged as a fun and light-hearted cryptocurrency. Its appeal extended beyond the core Bitcoin audience since it was based on a more relatable concept: a dog meme.
Its novelty at the time of its launch saw it experience massive adoption and explosive growth. Today, Dogecoin is one of the top altcoins, with newer meme tokens and narratives like Solana memecoins and Elon memecoins, among others, riding its popularity wave.
Rewinding the years, Dogecoin exploded in 2024, sending ripples of excitement within the crypto community. It is at the forefront of the latest meme craze, with holders seeing significant gains. With sights set on creating a new all-time high (ATH), we suggest you add DOGE to your portfolio and HODL to avoid FOMO later on.
Conclusion
It has been an exciting week—maybe not for the bears—as Bitcoin hit a new peak again. Meanwhile, Dogecoin holders have their sights set on riding NuggetRush’s bullish wave by participating in the presale. Tipped to skyrocket after its market debut, you can also become an early adopter by clicking the link below.
Visit NuggetRush Presale Website
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
More articles
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
