- Crypto analyst SHIB Knight has forecasted that Shiba Inu’s latest double bounce hints at a new ATH.
- Terra Luna Classic has hit a new record of over 5.5 million users.
- NuggetRush fuses gaming with meme coin culture.
SHIB Knight, a top crypto analyst, has predicted that Shiba Inu will soon rise to a new peak. Meanwhile, Terra Luna Classic has surpassed a record of 5.5 million users.
In other news, NuggetRush is developing a platform that will bridge gaming with meme coin culture. This innovative approach positions NuggetRush as the best DeFi project to join as it gives investors the best of gaming and meme coin’s price surge.
NuggetRush (NUGX) Gains Attention for Hybrid GameFi Platform
NuggetRush (NUGX) is a project that mixes meme culture, gaming, and blockchain technology into a mining game. This game provides a virtual environment where players can own land, search for precious minerals, mine them, and sell them for real money.
Additionally, there are competitions and quests that players can take part in to receive more rewards like free tokens, in-game assets, and trending NFTs. These rewards enhance the gaming experience and have tangible benefits, as they can be traded for more tokens on NuggetRush’s NFT marketplace.
Another major part of the NuggetRush ecosystem is its top DeFi crypto and native token called NUGX. The value of NUGX is currently at $0.019 per token and is expected to rise 100x after its launch.
What makes the NuggetRush token a good crypto to buy is its utility on the platform. It gives holders access to the coolest NFTs, which can be staked for rewards, governance rights, and other gaming benefits.
Shiba Inu (SHIB) Price To Hit New Peak
Crypto Analyst SHIB Knight has made reference to a recent occurrence on the Shiba Inu (SHIB) price chart. According to the analyst, the meme coin bounced on the $0.0000238 support level twice, a sign of strong demand for Shiba Inu at those levels.
Previously, Shiba Inu surpassed the resistance level at $0.0000328 but encountered limited success. However, with $0.0000238 now established as a key support level, the analyst believes Shiba Inu could rise to reach new highs.
SHIB Knight identified the range between $0.0000238 and $0.00003281 as an accumulation channel for Shiba Inu. As a result, he anticipates a potential breakout to new highs once this accumulation phase ends. While the crypto community awaits the price prediction, Shiba Inu is exchanging hands at the $0.00002417 – $0.00003027 price range.
Luna Classic (LUNC) Hits Milestone of 5.5M Holders
Data from Cosmos blockchain analytics firm ATOMScan revealed a new milestone for Luna Classic (LUNC) and USTC. Its number of holders has reached a new high of 5.5 million. This is due to the support from the Terra Luna Classic community, validators, and developers, who revived the chain.
The number of Terra Classic accounts even surpassed that of top altcoins like Cardano and Shiba Inu. Recent reports indicate that the total number of wallets on the Cardano network has surpassed 4.6 million.
On the other hand, Shibarium’s number of holders was 1.38 million. Meanwhile, the Luna Classic has been trading between $0.0001149 and $0.0002517 in the past month. The coin’s price has increased by 16.30% within this period.
Conclusion
While Shiba Inu and Luna Classic have seen a huge surge of interest, analysts are still picking NuggetRush to rise higher in 2024. Its connection to the gaming and meme coin sector makes it a top crypto to buy, as both sectors are set to skyrocket in the coming months.
