- Crypto analyst Michael van de Poppe predicted that Arbitrum would rise to $3.
- By 2024, the number of new addresses per day on the Ethereum network will increase.
- NuggetRush is in the final stages of its token pre-sale and investors are currently looking forward to its launch.
Top cryptocurrency analyst Michael van de Poppe has made a bullish forecast for Arbitrum, predicting a 120% rise to $3.00. In other news, the Ethereum network has seen a notable increase in new addresses each day in 2024.
Meanwhile, NuggetRush has entered the final stages of its cryptocurrency ICO pre-sale, with investors awaiting its official launch.
NuggetRush (NUGX) in final pre-sale phase
NuggetRush (NUGX) is gaining attention as a fun meme coin that introduces users to money-making games during the blockchain ICO phase. On this platform, players can enjoy thrilling mining games where they can earn money while having fun.
The game is full of different challenges and you can win the coolest NFT rewards. Players can also run their own mining operation in NuggetRush to make smart moves and learn more about business management.
Players with the best gear have a higher chance of winning bigger prizes. Therefore, players are encouraged to upgrade their equipment as they play. NuggetRush also allows players to form teams. So you can join forces with others to search for minerals and perform other mining tasks.
Meanwhile, the current price of NuggetRush NUGX is $0.018, up 20% from the previous round. This is the last round of presale. Savvy investors are already jumping in and doubling their investment before the pre-sale ends.
Analysts are already predicting returns of up to 50x for investors who sign up now. So, if you want to grow your assets as this DeFi project expands, participating in the NuggetRush presale now is a smart move.
Arbitrum (ARB) is likely to rise to $3.
Famous cryptocurrency analyst Michael van de Poppe We are confident that Arbitrum (ARB) could soon achieve our initial prediction of a 120% increase and reach the $3.00 level. This optimism follows the decline in the price of Arbitrum after initially surging 55% to ATH of $2.39 last month.
in post At With altcoin prices currently stable, he believes a rebound in Ethereum prices could significantly increase Arbitrum’s value.
Meanwhile, the Arbitrum price chart indicates that the coin is currently trading in line with analyst expectations. According to CoinMarketCap, the price of Arbitrum is up 11.3% and 9.4% over the past 14 and 7 days, respectively.
Ethereum (ETH) new addresses continue to increase.
Ethereum (ETH) continued to grow in usage in 2024, becoming the second-largest cryptocurrency by market capitalization. Interestingly, the number of new Ethereum addresses has increased in 2024.
According to Etherscan data, the network generated approximately 3.54 million new addresses in 2024. The average daily growth rate of unique Ethereum addresses in 2024 was 95,570, with a significant increase of 96,145 addresses on February 6 alone.
The increase in the number of new addresses can be attributed to a variety of factors, including updates to the promising spot Ethereum ETF and Decun. The Decun update promises to lower network transaction costs by 90%.
Meanwhile, ETH price ranged between $2,264.19 and $2,442.97, with a weekly price increase of 7.0%.
final thoughts
Several altcoins are trading in the green again following a dismal January. FOMO has increased in the market as investors look for promising cryptocurrencies.
One of the altcoins on the list is NuggetRush’s NUGX token, which has surged more than 80% in recent weeks. Analysts expect NuggetRush to rise like Arbitrum since its inception.