SPONSORED POST*
TLDR:
- Despite surging to a new 2-year high, a Fidelity exec has predicted a $500 million pump for Bitcoin.
- Solana has also surged to a new year high as the meme coin frenzy intensifies.
- NuggetRush has continued its rapid growth, hitting a $2.6 million milestone.
Bitcoin (BTC) has led the crypto market to print its biggest monthly candle ever, but a top Fidelity exec is bullish that there are more gains to come. Jurrien Timmer has predicted that BTC could add a further $500 billion to its market cap.
With BTC setting the pace, Solana (SOL) has surged to a new yearly high above $130. The rally has been fuelled by a frenzy around Solana meme coins. Meanwhile, NuggetRush has caught the attention of investors, raising more than $2.6 million ahead of its launch.Â
Summary
Bitcoin (BTC) Market Cap Could Grow To $1.5 Trillion, Fidelity Exec
Bitcoin (BTC) closed February with gains of more than $20,000 – its biggest monthly returns ever. The rally has pushed BTC above $63,000 for the first time in more than two years as the leading crypto closes in on its all-time high (ATH).
In the midst of this strong bullish performance, Jurrien Timmer, Fidelity’s director of global macro, has predicted that the market of Bitcoin could surge to $1.5 trillion. Timmer believes that Bitcoin could extend its gains in the coming days.Â
According to Timmer, the market cap of Bitcoin could grow to hit a quarter of the value of gold held by financial institutions across the globe. The growing support from institutional investors could fuel this growth, the analyst opines.
NuggetRush (NUGX) Hits New Milestone, Readies for Massive Rally
One of the top beneficiaries of the recent bull market is NuggetRush (NUGX), a new GameFi project shaking up things in the blockchain gaming space. Not only has the NUGX altcoin price surged by 100% to hit a new high at $0.02, but the project has also hit a new milestone in its crypto ICO.
NuggetRush has pulled in over $2.6 million as it prepares to debut its one-of-a-kind gaming ecosystem in the coming weeks. There has been a lot of hype around NuggetRush largely because of the unique virtual mining experience it provides.
This new hyperrealistic game takes players through the gold rush. Players will start mining operations, employ NFT workers, and take on tasks in search of gold and other precious minerals. They can even collaborate with more experienced miners to find digital gold.
Where NuggetRush shines is in its reward system. The gold mined in the NuggetRush game can be converted to real gold or cash in its marketplace. Because of this, there has been a rush into the DeFi project, leading market experts to predict that NUGX could see up to 50x gains in 2024.
Visit the NuggetRush Presale Website
Solana (SOL) Surges To New Yearly High Amidst Meme Coin Frenzy
Over the past few weeks, Solana (SOL) has been one of the best-performing altcoins. On the weekly chart, the price of SOL has increased by 30% to set a new yearly high at $138. The recent price surge of Solana has been linked to the surge in meme coin activity on the network.
There has been a surge in users aiming to buy dogwifhat (WIF). This is because the price of WIF has increased by more than 200% over the past 7 days. The growing demand for WIF sparked by FOMO has contributed to intensifying the bullish momentum of SOL.
Closing Thoughts
The prediction from the Fidelity exec and Solana’s skyrocketing price highlights the growing bullish sentiment in the crypto market. As the bullish trend continues, NuggetRush has emerged as one of the best coins to invest in thanks to its unique platform and approaching launch date.
Visit the NuggetRush Presale Website
*This article was paid for. Cryptonomist did not write the article or test the platform.
