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TLDR
- Bitcoin is expected to reach $50,000 before the end of January.
- NuggetRush’s key appeals include staking, governance, and tangible utility.
- Experts tip it for a 6,000% rally after launch.
Prior to the US SEC’s official approval of spot ETFs, Bitcoin (BTC) had been gaining momentum. Following the agency giving its green light, Bitcoin is expected to skyrocket in January, which will be fueled by institutional participation. Meanwhile, NuggetRush (NUGX), one of the top crypto coins on the market currently, has emerged as a favorite among whales.
This post will discuss Bitcoin’s January price outlook and the rising interest in NuggetRush.
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NuggetRush (NUGX): A New Whale Favorite on the Crypto Block
If anyone is expected to have keen eyes for promising gems, whales are. After all, they risk a lot with their large investments. Hence, NuggetRush (NUGX) emerging as a favorite among these large-volume investors suggests a vote of confidence in its potential.
It has been able to capture the interest of both retailers and whales thanks to its fascinating blend of utility and memes. Only a handful have been able to achieve this, making it stand out among the new ICOs and memecoins.
Hailed as a bullish narrative and the best new crypto to invest in, it stands at the intersection of memes, play-to-earn (P2E), and GameFi. The upcoming game will feature gold mining, with players going on exciting quests and collecting valuable in-game assets. This will make NUGX the in-game currency, giving it real use cases in addition to its governance function.
Other standout features include staking—up to 20% APY. More importantly, there will be a zero-tax policy, meaning there will be no tax on both sales and purchases. In the fourth round of the ICO, a token costs only $0.015. According to experts’ forecasts, early holders will see staggering returns on their investments—a 6,000% potential rally after launch—making it one of the best cryptos to invest in today.
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Bitcoin (BTC): $50,000 Before the End of January?
Excitement has yet to ebb following the approval of the first spot Bitcoin ETF by the US SEC. It has been a decade-long journey, with the first application filed in 2013. After years of waiting and several rejected applications, the SEC has finally approved this investment product. Very bullish.
With trading to begin on January 11th, the market will now be open to institutions. According to forecasts, the Bitcoin market could potentially attract trillions of dollars worth of liquidity. This makes it one of the best cryptos to buy now.
Given the above, Bitcoin has a promising outlook this month. Worth noting is the massive liquidity that will flow into the Bitcoin market, which will push its price up to as much as $50,000 before the end of January. There is much to look forward to this month and Bitcoin is one of the best coins to invest in. The fear of missing out (FOMO) is expected to rise in the coming days; hence, we suggest maintaining a bullish position and just HODL.
Conclusion
Bitcoin hitting $50,000 in January might be a piece of cake. After all, the market is now open to institutional players. Meanwhile, NuggetRush, a top ICO, has emerged as one of the altcoins to watch. Gaining favor among whales, it represents a compelling investment. If you wish to participate in the ongoing presale, click the link below.
Visit NuggetRush Presale Website
*This article was paid for. Cryptonomist did not write the article or test the platform.