ARTICLE AD BOX
The post 3 Bullish Altcoins On Track to Outperform Terra Luna and XRP appeared first on Coinpedia Fintech News
TLDR
- Investors are eyeing altcoins like Solana, Render Network, and NuggetRush for meteoric growth.
- NUGX offers enticing DeFi features and a play-to-earn game; RNDR is on an upward trajectory; and SOL’s ecosystem developments position it for significant gains.
- Experts suggest these altcoins could outperform XRP and LUNC this year.
Ripple (XRP) and Terra Luna (LUNC) are high-performance altcoins that have delivered impressive bullish moves in the past. Despite the token’s decline of over 68% since December, LUNC is up 32%, maintaining its standing on the top 100 cryptocurrency list. At the same time, Ripple continues to receive strong support. XRP rallied over 200% last year despite setbacks like its ongoing legal tussle with the SEC.
That said, this year is gearing up to be an amazing one for altcoins and the overall cryptocurrency market. Investors have been positioning on tokens with explosive potential. Some of the top performers are Solana (SOL), Render Network (RNDR), and NuggetRush (NUGX). The performance of these tokens hints at an upcoming meteoric surge this year. Investors are optimistic that they could outperform LUNC and XRP’s growth.
Let’s explore the potential of SOL, RNDR, and NUGX to surpass LUNC and XRP.
NuggetRush (NUGX) Set For Meteoric Growth Increase After Global Launch
Since NuggetRush went live, it has become the talk of the crypto space. The DeFi projects have secured an impressive sum of over $2.1 million, showing a high probability that the NUGX token will skyrocket soon. The spotlight is currently on the presale selling fast, and the window to maximize potential returns is slowly closing. NUGX recently rallied 20% from $0.015 to start its fifth crypto ICO round at $0.018, and the token is set to deliver a hundredfold rally after launch.
NuggetRush has created a robust cryptocurrency platform that offers future-proof investment opportunities through multiple trendy DeFi features. Its highly anticipated play-to-earn game, NFTs, and staking benefits are perks that will constantly attract new adopters. These offerings give NUGX impressive utility, making it the best crypto to invest in if you’re looking for solid growth. Investors’ excitement about the project is evident in the over 170 million NUGX tokens sold.
The P2E gaming experience allows players to earn real money by mining in-game locations for minerals with tangible value. According to the project’s whitepaper, NuggetRush will have two NFT collections: one made up of tokenized in-game avatars and a rare RUSHGEMS collection that can be traded for actual gold on request. In addition to all these benefits, what makes NuggetRush the best crypto to invest in is the option to stake these NFTs for an annual percentage yield of 20%.
Render Network’s (RNDR) Price Performance Hints At Upcoming Bullish Surge
The upward trend that the cryptocurrency market has been on for months is evident in the performance of RNDR. The token rallied to its all-time high of over $5.00 in December. Since its last bearish correction, it has grown by over 370%, suggesting that Render Network is on an explosive climb toward new highs.
The altcoin sector has been on a tear lately following the Bitcoin ETF launch last month. Even though the bullish momentum it caused has slowed, Render Network is up over 1160% from last year. Cryptocurrency experts are optimistic that the token could hit the next pivotal price of $6.00 and even target $100 if the bullish upswing continues for the RNDR token.
Solana’s (SOL) Platform Success Position It To Skyrocket
Solana’s explosive potential has been driven by its meme coins, airdrops, and impressive ecosystem developments. As a result, the SOL token has successfully recovered more than the investor base it lost in 2022. Solana meme coins like Bonk (BONK) and dogwifhat (WIF) recently made investors who got in early millions of dollars, boosting the reputation of SOL.
On-chain data shows that Solana-based decentralized exchanges, Jupiter and Orca, have grown to become some of the largest exchanges by volume. Experts have pointed out that the rise in both exchanges’ popularity has boosted Solana’s activity, attracting bullish momentum for the SOL token. These recent successes prove that Solana is on the path to healthy growth. SOL recently recovered by 36% after its corrective move downwards, and analysts have predicted a massive uptrend towards the $200 price.
Final Thoughts
With the market teeming with lucrative opportunities, Solana, Render Network, and NuggetRush are top picks to consider. Their performances confirm their potential to deliver explosive upside rallies this year. In addition to the bullish momentum from upcoming impact events, they could outperform top cryptocurrencies like LUNC and XRP, especially NuggetRush. The platform’s crypto ICO success makes its projected growth even more impressive than its competition. Holders are eager to see what prices hit next.