Altcoins
Options Market Suggests Bitcoin Could Hit $100,000 After Halving: Polkadot and New Altcoin Achieve Crucial Milestones
TLDR:
- Options market data suggests traders are optimistic that Bitcoin will soon surpass $100,000.
- Polkadot reached a new milestone by registering more than 600,000 active addresses.
- NuggetRush Hits $3.75M as Gaming Space Supports New Mining Concept.
The Bitcoin halving is only ten days away and traders are optimistic about a significant price increase. Traders are betting on a rally above $100,000, according to options market data. Furthermore, Polkadot has crossed the milestone of 600,000 active addresses, while NuggetRush has raised more than $3.75 million in its cryptocurrency ICO as excitement builds ahead of its launch.
Traders support Bitcoin (BTC) rally above $100,000
There has been a lot of noise around the upcoming Bitcoin (BTC) halving event, with many market analysts suggesting it will spark another BTC rally. This bullish sentiment is supported by many traders, who are betting on a Bitcoin rally above $100,000, according to data shared by Greeks.Live.
Bitcoin is already reacting positively to the growing bullish sentiment, as it broke through $71,000 resistance for the first time in over a month. Meanwhile, traders believe BTC remains one of the best cryptos to buy right now as the halving could fuel a rally above $100,000.
NuggetRush (NUGX) Hits $3.75M, Players Back Project for Early Success
NuggetRush (NUGX) has generated a lot of frenzy in its crypto ICO phase by unveiling a one-of-a-kind gaming ecosystem. The NuggetRush game is built around the gold rush in a hyper-realistic virtual world where players are allowed to create their own NFT characters and build a team of miners in search of gold and other valuable minerals.
The rewards players find in-game can be converted into popular rare NFTs, cash, and even real gold. The appeal of NuggetRush’s reward system made it one of the most interesting prospects. In addition to this, NuggetRush aims to expand its real-world usage via the new impact gaming model.
The NuggetRush team announced that they would support poor artisanal miners residing in underdeveloped regions. This social impact model has made NuggetRush one of the best DeFi projects. NuggetRush managed to secure over $3.75 million in presale while selling over 270 million NUGX tokens.
With the NuggetRush presale sold out, the team is preparing for its airdrop, which will take place in just two weeks. After its airdrop and listing on the exchange at $0.02, NUGX is expected to reach a price of $1.00, making it one of the best gaming tokens every investor can buy right now.
Polkadot (DOT) reached 600,000 active addresses
Over the past few weeks, Polkadot (DOT) has been very active. The Polkadot network has reached a record milestone, crossing over 600,000 active addresses, as shown reported by Parity Data. More than half of the active addresses came from Moonbeam, the popular cross-chain smart contract platform.
The number of unique non-zero Polkadot balances also increased, exceeding $5.6 million. However, DOT has struggled over the past few weeks, falling from $12.00 to its current range of $9.00. However, as we enter a bull market, DOT is expected to break above the $15.00 range, making it one of the best altcoins to buy.
Final Thoughts
The options market shows traders are optimistic that Bitcoin will hit $100,000 after being halved. Meanwhile, this recent milestone signifies the recent growth of the Polkadot network, while NuggetRush is poised to see significant growth in the coming months.
Visit the NuggetRush Presale Website
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