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- The Solana (SOL) price is predicted to drop below $23 in Q4 2023.
- Experts predict Dogecoin (DOGE) to drop below $0.055 to new yearly lows.
- NuggetRush (NUGX) establishes itself as a GameFi leader with 100% presale gains.
Almost a year later, the crypto market is still suffering the aftershocks of the collapse of FTX. With the FTX founder, Sam Bankman-Fried, under trial in the US, new details emerge with each passing day. So, an important question remains: Which is the best crypto to buy? Should investors buy Solana (SOL), Dogecoin (DOGE), or NuggetRush (NUGX)?
Let’s find out what the experts have to say.
Solana Consolidates Gains as Fears of FTX Sell-Off Grow
On September 26, members of the US Congress wrote to the SEC for swift approval of the BTC Spot ETF. This news gave a new lease of life to the bearish crypto market, causing it to surge temporarily. As a result of this, the Solana (SOL) price also surged. The Solana (SOL) token went up by 27% from $19.19 on September 26 to $24.39 on October October 3.
The gains in Solana (SOL) price have been sustained due to developments around the ecosystem. The Solana (SOL) token staking went live on the OKX Wallet on October 13. By October 17, Solana’s (SOL) price had stabilized at around $24.00.
However, FTX holds more than $1.16 billion worth of Solana (SOL) tokens. The FTX Trust handling the bankruptcy staked $122 million worth of SOL in October. But the fears of a sell-off by FTX are still very strong despite it being one of the top altcoins.
Hence, experts warn investors to exercise caution and predict SOL to drop below $23.00 in the coming months.
Will FTX Dump Dogecoin as DOGE Price Continues Downtrend?
The Dogecoin (DOGE) holdings of FTX are minuscule in comparison to other assets. It only holds $42 million worth of DOGE. However, the current bear market downtrend in Dogecoin (DOGE) price has compounded the fear surrounding FTX.
FTX fears still loom large. As a result, crypto experts believe that Dogecoin (DOGE) will experience further resistance and downside. More precisely, analysts say DOGE will drop below $0.055 by the end of the year.
The only rally witnessed by Dogecoin was after the US Congress’s letter. Dogecoin (DOGE) went to a high of $0.063 on October 2 before entering a correction again. Since then, Dogecoin (DOGE) has dipped by 7.9%, reaching a price of $0.058 on October 17.
Hence, Dogecoin (DOGE) is not considered by many experts as the best crypto to invest in the current bear market.
NuggetRush Creates a Storm With 100% Profitability in Round 1 Presale
There are very few projects in crypto that can bind profitability, GameFi, and community ownership together. However, NuggetRush (NUGX) is the first community-built play-to-earn blockchain game. NuggetRush relies on the Ethereum blockchain, making it available to millions of users worldwide.
Usually, meme coins have only one purpose and little utility. Through these endeavors, the aim is to take NuggetRush’s native token, NUGX, to a $100 million market cap.
However, NuggetRush (NUGX) differs. It has multiple purposes and real-world utility. For instance, its community-owned game grants users decision-making power and control over data. At the same time, NuggetRush supports deserving causes, adding to its allure.
Users can buy the NUGX token during the presale being conducted by NuggetRush currently. The current price of NUGX in the Round 1 presale is $0.010 per token. However, forecasts show NUGX is all set to surge by 100% and reach $0.020 per NUGX by the end of the presale.
However, this is not the only way for users to earn from NuggetRush. They can also earn through Character NFTs, RUSHGEMS, NFT Staking, trading in-game assets, and trading the money earned during gameplay. Does it get better than this? Probably not!
