The Graph has experienced a monthly growth of 75.7%, making it one of the most profitable altcoins.
Dogecoin rose by 55.8% in the last seven days as investors’ sentiment improved.
Having already raised $2.6 million since the beginning of its crypto ICO, NuggetRush continues to gain momentum in attracting the attention of investors.
Growing 75.7% in the last month, The Graph has emerged as one of the most impressive cryptos in the market.
Dogecoin has also jumped up about 55.8% on the weekly scale, highlighting the growing market sentiment. Meanwhile, NuggetRush’s successful crypto ICO has seen it raise over $2.6 million.
NuggetRush (NUGX) presale continues to gain traction
NuggetRush (NUGX) has had one of the most outstanding presales in the crypto sector. The NuggetRush team has managed to raise about $2.6 million from both retail and whale investors while selling more than 203 million NUGX tokens in the process.
The platform that NuggetRush proposes entails some features that can benefit its users. It provides for competitive gaming, the most traded NFTs, staking, and earnings from playing the aforementioned gold mining play-to-earn game.
Thus, players have two operational options: they can either create a mining company from scratch by taking on workers, leasing equipment, and selling the mined resources for financial gain, or they can buy, transfer, and upgrade an already existing mining company. Even more interesting, these rewards can be changed to real gold, exciting users ahead of its launch.
The Graph (GRT) price analysis
The Graph (GRT) has joined other top crypto coins in the green region as it displays a monthly gain of 75.7%. During the past month, the price of the altcoin soared from a monthly low of $0.1501 and peaked at $0.3091.
However, the weekly price chart showed a gain of only 0.3% despite other altcoins recording double-digit gains during this period.
Despite the stagnant weekly price movement, The Graph trades above the 50-Day SMA ($0.183737) and 200-Day SMA ($0.143015), a sign that bulls are leading. Moreover, the token’s Fear & Greed Index is showing 80 (Extreme Greed).
With this bullish momentum, the price of The Graph is predicted to rise by 10.16% and hit $0.314650 in the coming weeks. However, the reverse could be the case if negative sentiment enters the market.
Dogecoin (DOGE) price gains 55% amid Bitcoin rally
Unlike The Graph, Dogecoin (DOGE) is bullish on the weekly price chart. Per information from CoinMarketCap, the price of Dogecoin has recorded a massive 55.8% pump. This upward price movement took Dogecoin from a weekly low of $0.08323 to a high of $0.133.
On top of the weekly bullish performance, market analysis also shows that there have been monthly gains of 62.7%, which goes in line with the meme coin thesis. The price rally happened after Bitcoin crossed $63,000 after two years. Meme coins and Dogecoin benefited the most from the recent rise of Bitcoin.
At the moment, DOGE’s RSI value is above 80, which is a considerable signal of the market’s overbought condition. As a result, the DOGE price can be expected to go up in the next trading sessions.
Conclusion
The positive momentum in the market, evidenced by The Graph and Dogecoin’s upward price movement, spells good news for NuggetRush fans.
NuggetRush will be launching its project in the next few weeks and can capitalize on the positive market in the market.
Visit the NuggetRush Presale Website
The post The Graph and Dogecoin price surge as NuggetRush hit $2.6 million in presale appeared first on CoinJournal.