Toncoin Price Rallies Towards All-Time High, Metrics Show Potential Price Pump for Pepe and NuggetRush

TLDR:

• Toncoin has been rising parabolically, rallying above $3.80, drawing close to its ATH.
• The number of Pepe addresses has been on the rise, suggesting that its price could increase further in the coming month.
• The number of NuggetRush investors has been on the rise, closing in on the $3 million milestone.

Toncoin (TON) has emerged as one of the most impressive altcoins, experiencing a 35% price increase. The price rise of TON comes amidst an overwhelming bullish sentiment around Telegram, a social media platform it is closely linked to.

The number of PEPE addresses has been on the rise and has now surpassed 180,000. NuggetRush has also been attracting investors, raising over $2.9 million in its crypto ICO, suggesting a major increase for NUGX.

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NuggetRush (NUGX) Shows Potential for a Massive Price Pump

NuggetRush (NUGX) has gained attention for breaking several records in its cryptocurrency ICO. In just a few weeks, NuggetRush has raised over $2.9 million in presale, selling over 225 million NUGX tokens in the process. NUGX has also been one of the best coins to invest in, growing by 90% to be worth $0.019.

NuggetRush has found favor with the crypto community as it offers thrilling earning possibilities. NuggetRush designed an engaging mining game where players would pick some of the coolest NFT characters. All the characters have their individual powers and benefits.

They will partake in various mining operations starting from exploration to drilling and mining of gold and other valuable minerals. These rewards can be exchanged for real cash and even gold, and therefore, NuggetRush is one of the highest-paying blockchain games.

Because of the massive earning opportunities, there has been an influx of users into the NuggetRush ecosystem. As the launch of the game approaches, crypto experts have forecasted huge gains for NUGX, with a 2024 price target set at $0.50, making now a great time to stack the ERC20 coins.

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Toncoin (TON) Rallies 35%, Set To Chase New ATH

Toncoin (TON) has outperformed the crypto market with a significant price pump of nearly 35% to trade above $3.80. This is the highest level Toncoin has traded at since January 2022, bringing the altcoin price close to its ATH above $5.00.

There are many factors that have been boosting the bullish sentiment of TON, and one of the latest ones is the union of Telegram and the TON ecosystem. Moreover, Telegram has over 900 million user base, is a profitable app, and the company is eyeing an IPO in the next few months.

The growing bullish sentiment suggests that the price of TON could increase in the coming months. Reclaiming the $4.00 resistance could prepare Toncoin for an explosive rally towards its all-time high, making it a good crypto to buy now.

Pepe (PEPE) On-Chain Data Hints At Price Increase

Over the last 30 days, Pepe (PEPE) has led the meme market, outperforming Solana meme coins with gains of more than 750%. Despite this impressive price increase, on-chain metrics show that Pepe could extend its gains in the coming days.

According to IntoTheBlock data, the count of Pepe addresses has climbed to 170,000, but it remains much lower than Dogecoin at 6.3 million. However, this figure has been rising and now exceeds 180,000. This quick increase indicates that more and more investors are reaching out to Pepe, therefore, in due course, the growth will probably pick up even more speed.

Finally

Telegram’s growth is encouraging for Toncoin in the upcoming days and weeks. Prices for Pepe may rise further as more investors and consumers show interest. In the meantime, NuggetRush has garnered a lot of interest from the cryptocurrency community and emerged as the best new coin to invest in now.

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The post Toncoin Price Rallies Towards All-Time High, Metrics Show Potential Price Pump for Pepe and NuggetRush appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing.