Crypto fear & greed index slips to 74, bullish trends continue for top altcoins

The fear and greed index, used to measure market sentiment, recently slipped to 74. Nevertheless, bullish trends continue for the top altcoins. These cryptocurrencies are Bonk (BONK), Fantom (FTM), Solana (SOL), and NuggetRush (NUGX).

This post will cover their traction, the factors contributing to their surge, and why they are the best coins to invest in. Let’s begin.

NuggetRush (NUGX): Could be the best-performing ICO

NuggetRush (NUGX) had one of the best performances this week. It neared the $1 million fundraising milestone, which is just within its grasp. The surge in interest in this top ICO is due to its upside potential and novelty in the crypto space. As a result, it has been hailed as potentially the best new crypto to invest in by analysts.

It stands out for its blend of play-to-earn (P2E), GameFi, and memes. As a P2E memecoin, it has tangible applications, which only a few meme tokens can boast of. NUGX will serve as the in-game currency and the governance token within the ecosystem.

The presale is currently in its third round, and a token is worth just $0.013. According to top experts, its value could explode after its launch. If you wish to position yourself for possible huge gains, you can check out the presale via the link below.

Bonk (BONK): In the spotlight

Bonk (BONK) is the crypto of the moment. Its explosive growth this week must have felt surreal to holders. With excitement on the rise, Bonk’s rally is expected to continue and will likely liquidate any short positions.

The memecoin, built on Solana, is one of the hottest tokens right now. Its recent traction can be linked to the Coinbase listing, one of the biggest crypto exchanges. In the past 24 hours, its price has risen by over 70%, successfully displacing Pepe as the third-biggest memecoin.

With its upside set to persist, Bonk is likely to become one of the best coins to invest in.

Fantom (FTM): Maintaining key support

Incredibly, Fantom (FTM) was designed to be the Ethereum killer. This suggests its strong DeFi capabilities. Despite the market volatility, Fantom has been able to maintain its $0.40 support.

According to indicators, it appears poised for another bull run. Given its performance since the start of the final quarter, Fantom could be one of the altcoins to watch in the coming days. If you are yet to add FTM to your portfolio, now might be a great time to do so.

Solana (SOL): Maintaining momentum

Solana (SOL) is another top performer this week. Its DeFi solution is one of the most sought-after in the blockchain space. Meanwhile, with several projects within the ecosystem seeing an uptick, there has been a surge in interest around Solana of late.

Its rally continues this week, maintaining key support at $75.00. According to analysts, Solana still has room for growth before the year comes to an end. According to forecasts, it will reach $85.00. With days left before the curtains are drawn on the year, Solana is among the promising altcoins to buy.

Conclusion

Although the fear and greed index fell to 74, Bonk, Fantom, Solana, and NuggetRush (NUGX) look poised to continue riding the bullish wave. As a result, they could be the altcoins to watch as the year comes to a close.

If you are looking to position yourself ahead of the potential gains, you can check out the NuggetRush presale by visiting NuggetRush presale website.