TLDR
Solana’s TVL soars, suggesting an impending, strong price uptick.
Pepe and NuggetRush are memecoins to watch out for in this bull cycle.
According to top experts, NuggetRush will experience a 70x jump after its launch.
The bulls’ charge continues, with their hooves reverberating across the crypto landscape. After a little scare, which saw Bitcoin dip below $61,000 and the overall crypto market take a dip, there has been a comeback, with Solana (SOL), one of the most bullish altcoins, regaining momentum.
Buoyed by its total value locked (TVL) in the DeFi world, peaking at $4.17 billion according to data from DeFi Llama, Solana is on a bullish path, poised to skyrocket. At the same time, Pepe (PEPE) and NuggetRush (NUGX), two of the most promising top altcoins, have been tipped as the next meme kings. To position yourself for staggering gains, these are the best cryptos to invest in.
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NuggetRush (NUGX): The Next Meme King
Investors are often drawn to new and shiny cryptocurrencies and NuggetRush (NUGX) perfectly fits into this role. It combines the hottest trends in the crypto landscape, standing at the intersection of memes, GameFi, P2E and NFTs. This makes it a memecoin with potential—befitting of the next meme king.
As one of the most promising presale tokens, speculators anticipate an explosive surge after its market debut. It is in the launchpad round of its presale and over $3 million has been raised in early funding so far—a remarkable feat. A token is currently priced at just $0.019 and experts predict a 70x upswing after its launch.
While its uptrend will be fueled by hype and popularity, it will also be propelled by real use cases and actual demand. The NUGX coin will serve as the in-game currency and a governance token, driving demand and setting it up for face-melting growth and ecosystem adoption.
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Solana (SOL): TVL Hits $4.17 Billion
Solana (SOL) continues to bask in the spotlight as it regains momentum after a slight dip in recent days. Despite the buzz around AI tokens and gaming tokens, it has maintained market hype, spurred by rising institutional interest, growing retail appetite and the frenzy around Solana memecoins.
Further propelling its price and backing its bullish outlook is the significant surge in its total value locked (TVL). According to data from DeFi Llama, Solana’s TVL has peaked at $4.17 billion. This implies that there are fewer SOL tokens in circulation, thereby reducing selling pressure.
With this in mind, Solana is charting an upward trend, set for even more significant growth in the coming months—probably hitting $300 and flipping its ATH of $260. If you wish to position yourself for significant gains, SOL is one of the altcoins to watch out for.
Pepe (PEPE): Poised to Lead the Biggest Meme Craze
Pepe (PEPE) burst into the limelight in 2023 following its explosive surge in Q2. While early holders made astounding gains, many believe its run is far from over. Despite competition heating up, evident in the rise of other ETH memecoins and Sei memecoins, many place it on the list of 100x tokens.
With momentum on the rise—at the forefront of the latest meme craze—Pepe is a token to bet on this year. Top analysts tip it to lead the biggest meme frenzy, positioning it as one of the best coins to invest in.
Different from the typical pump and dump coins, Pepe is among the best memecoins to invest in. To ride this massive bullish wave, simply accumulate more and HODL.
Conclusion
Solana is on a bullish path, poised to surpass its ATH in the coming months. Meanwhile, NuggetRush and Pepe are memecoins to watch out for this cycle—perhaps NUGX more. You can participate in the ICO and position for staggering gains via the link below.
Visit NuggetRush Presale Website
The post Solana (SOL) Poised to Soar as TVL Tops $4 Billion; Pepe (PEPE) and NuggetRush (NUGX) Tipped as The Next Meme Kings appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing.