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Ethereum spot ETFs approval to push prices up; FLOKI and NuggetRush (NUGX) to rise in Q1 2024

By:  & 
on Feb 14, 2024
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  • Ethereum soars in anticipation of spot ETF approval by the SEC.
  • FLOKI and NuggetRush catch investors’ attention.
  • The NuggetRush presale is in its last presale stage before listing on crypto exchanges.

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The crypto scene is experiencing a new wave of excitement. Events that can be linked to this rise in sentiment are the recent JUP and DYM airdrops — the biggest in 2024 so far. Additionally, the anticipation of approval of spot Ethereum (ETH) ETFs by the US SEC is another factor accounting for the infectious optimism.

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Just like Bitcoin’s run ahead of its spot ETF approval by the SEC and afterwards, Ethereum is expected to mirror a similar movement. As a result, ETH has been on a roll, with further upside anticipated, positioning it as one of the best altcoins to invest in.

At the same time, two of the most promising and must-have cryptos for the first quarter of 2024 are FLOKI (FLOKI) and NuggetRush (NUGX). These meme-inspired altcoins are primed for significant growth, making them among the best cryptos to buy now.

NuggetRush (NUGX)

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NuggetRush (NUGX) is one of the most bullish altcoins to watch for staggering gains in the first quarter of 2024. The ICO — a remarkable success so far — is swiftly coming to an end. Its launch is nearing, with listings expected across several exchanges, including Uniswap.

The ICO is currently in the fifth round—the last phase before listing — and a token costs only $0.018. According to analysts, NUGX could experience a significant price surge after its launch and before the end of Q1, making it one of the best new cryptos to invest in.

The Lambo dream is well alive in NuggetRush, but there is so much more. It combines the biggest trends in the crypto space, notably P2E (play-to-earn), memes, and NFTs. This immensely contributes to its appeal, making it a utility-backed meme coin unique among most of the new ICOs.

The novel P2E game, which integrates NFT features and will be built around gold mining, is primed for massive adoption. You can become an early adopter and enjoy mouthwatering gains by participating in the ICO now.

Ethereum (ETH): growth expected as anticipation around spot ETF rises

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Ethereum (ETH) is the second-largest cryptocurrency by market capitalization, trailing Bitcoin. This is one of the reasons why many believe the approval of spot Ethereum ETFs is a done deal, despite the SEC postponing its decision on several high-profile ETF applications.

The cryptocurrency, oblivious to the SEC’s delay, has been soaring in anticipation of approval. In a similar fashion to Bitcoin, Ethereum is expected to skyrocket, and it hasn’t disappointed so far, considering the bullish nature of spot ETF approvals.

With Ethereum set to soar higher in the coming days, its current price is great if you don’t wish to FOMO (fear of missing out) later on. Just add some to your portfolio and ride the exciting and bullish wave.

FLOKI: room for growth

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FLOKI (FLOKI) is a popular name in the crypto scene — not as popular as DOGE or SHIB, though. Its relative unpopularity means it has more room for growth than popular meme coins. Additionally, the 90% decline from its all-time high (ATH) leaves sufficient room for growth.

Given the above, FLOKI is among the best cryptos to invest in. In addition, it also has appealing memetic features — inspired by Elon Musk’s dog. Of equal importance is its blend of memes and utility.

While FLOKI started as just a meme, it is much more now, boasting tangible utility. The ecosystem hosts several projects like Floki Finance and Valhalla NFT Metaverse, which the utility token powers, thereby contributing to real demand.

Conclusion

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Ethereum has been gaining momentum as anticipation around its spot ETF approval nears a frenzy. Additionally, NuggetRush and FLOKI have also been exciting investors. Considering their growth potential, you can add these altcoins to your crypto portfolio.

For all things NUGX, you can visit the NuggetRush presale website.

This article is a collaboration between our Editors and our Partners, and it may contain sponsored advertising content and links. The content is not intended as financial advice and is for informational purposes only.

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