- Experts want investors to hold Hedera (HBAR) for its price to rise past $0.055.
- The SUI token dips to all-time lows of $0.36 amid allegations of manipulation.
- NuggetRush (NUGX) token to surge to $0.020 by the end of the presale.
The crypto market is predicted to see a further dip as fears of war grip the global economy. In such a grim scenario, top altcoins such as Hedera (HBAR) and Sui (SUI) have continued to suffer. However, the NuggetRush (NUGX) token has shown a surge in demand during its presale. Let’s dig deep to find out which among HBAR, SUI, and NUGX should smart investors buy, hold, or drop.
Hedera (HBAR) Dips Even as it Prepares For Mainnet Upgrade
Since surging to a high of $0.051 on October 2, the Hedera token HBAR has been in a constant decline. The Hedera HBAR token is down by 7.8% to reach a price of $0.047 per HBAR on October 18. This downturn in HBAR price is a result of the bears taking control of the crypto market.
However, amid the dip in HBAR price, the Hedera Foundation has made a slew of announcements around its ecosystem.
First, the DAR Blockchain entered into a partnership with Hedera on October 3. Then, the Hedera Foundation and Flutterwave announced their partnership on October 6. Another major announcement was made on October 17, which stated that the Hedera Mainnet Upgrade is scheduled for October 24.
As the slew of announcements continues, experts advise the Hedera (HBAR) token holders to continue holding the HBAR tokens. The Hedera (HBAR) token has been one of the best altcoins in the market historically. So, they expect that the Hedera (HBAR) token will surge past $0.055 once the bull run commences.
SUI Token Dips Near All-Time Low as Allegations of Supply Manipulation Emerge
The SUI token launched earlier this year has been one of the most sought-after projects among investors. Many investors have termed it one of the best altcoins to buy for the next bull run. However, since surging to $0.50 on October 2 in the relief rally, SUI has been on a decline.
The bearish decline in the SUI token price has been aggravated by allegations of supply manipulation. On October 17, the Director of the South Korean Financial Supervisory Service said that he would look into manipulation done by SUI. The allegations on SUI Foundation consist of dumping staked tokens on Binance and manipulating the token supply.
The SUI Foundation has denied the allegations vehemently. However, the SUI token dipped by 28% from October 2 to an all-time low of $0.36 by October 17. As a result, experts are warning investors to drop their SUI holdings. They see the token dipping below $0.36 if the allegations are true.
NUGX Becomes the Go-to Investment as Crypto Winter Takes Control
The innovative, community-governed, play-to-earn game NuggetRush is built on the Ethereum network. The NuggetRush players can mine assets like minerals, rare NFTs, and precious metals in the game. These in-game assets represent real-life items; for e.g., rare NFTs like RUSHGEMS represent real gold.
The users also create character NFTs in the NuggetRush game that can be built through in-game purchases. The assets, rewards, minerals, and rare NFTs can be traded on the NuggetRush Marketplace. The profits earned by NuggetRush are used to benefit artisanal miners in underdeveloped countries globally.
NUGX is the native token of the NuggetRush platform and is being sold in multiple rounds of the presale. The presale is currently in Round 1 at a price of $0.010 per NUGX. In addition, the total supply of NUGX is limited to only 500,000,000 tokens. Of this, only 43% of NUGX is allocated to the public.
The NUGX token will surge by 100% to reach $0.020 when the presale ends. As a result, crypto experts have termed NuggetRush (NUGX) as one of the best crypto to buy.
Visit NuggetRush Presale Website
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