Is Now The Right Time to Buy XRP and Shiba Inu? Or to Switch to Promising Alternatives
The post Is Now The Right Time to Buy XRP and Shiba Inu? Or to Switch to Promising Alternatives appeared first on Coinpedia Fintech News
TLDR
- The current regulatory uncertainty surrounding XRP makes it a less attractive investment now.
- The decline in popularity of Shiba Inu’s ecosystem has led to a drop in its price.
- NuggetRush is tipped to see a 5,000% price increase after launch.
The present trend in the cryptocurrency market is increasingly positive, and a full-fledged bullish cycle seems not to be far off. However, the majority of traders are wondering, “How do I best position myself?”
While Ripple (XRP) and Shiba Inu (SHIB) are popular cryptocurrencies, is now the best time to ape into them? Alternatively, savvy investors are opting for this promising alternative, NuggetRush (NUGX), doubling down on its ongoing presale.
In this article, we will discuss whether now is the best time to buy XRP or Shiba Inu. In addition, we will cover the potential of NuggetRush, including why it is the best new crypto to invest in.
NuggetRush (NUGX): A Promising Alternative Investment
NuggetRush (NUGX) has emerged as a compelling alternative to XRP and Shiba Inu. Savvy investors are currently swarming its presale, hoping to ride its bullish wave and position well for massive gains.
This top ICO is currently in the second round, and a token costs only $0.012. Meanwhile, according to experts, there will be a 5,000% increase in its value after launch. This positions it as one of the best coins to invest in now.
We believe its growth will be driven by its P2E (play-to-earn) and meme features. A tidal wave of adoption is expected to sweep across this project, with gamers poised to adopt it upon launch. Finally, in our opinion, its growing community will be integral to its growth.
Ripple (XRP): Growing Uncertainties
Ripple (XRP) is a top altcoin on the market and has maintained its status as one of the top 5 cryptocurrencies. The XRP price today is a little above $0.6, trading in an uptrend. Furthermore, it plays an important role in the crypto landscape and the wider financial landscape.
Even though XRP is now trading in an upward trend, there are still certain degrees of uncertainty around it. For starters, the SEC lawsuit hasn’t ended yet, so regulatory uncertainty still looms large.
These could be a contributing factor to its price decline. However, the SEC lawsuit is probably going to end early in the following year, so then could be a fantastic time to enter the market.
Shiba Inu (SHIB): Declining Interest
The top three memecoins cannot be mentioned without including Shiba Inu (SHIB). Spoiler alert: It isn’t the third either. Does this make it one of the top altcoins? Certainly. It is also popularly identified as a good crypto to buy, thanks to its potential.
So, why is there declining interest in Shiba Inu? We believe that the drop in interest in projects inside the ecosystem has contributed to its decline. After all, more traffic means more demand for the Shiba Inu token. Until interest peaks once more, now might not be the best time to buy SHIB.
Conclusion
With the ongoing developments in their ecosystems, now might not be the best time to buy XRP and Shiba Inu. NuggetRush (NUGX), an alternative investment, has demonstrated incredible potential. According to analysts, its price will rise by 5,000% after its launch. This makes it a more promising investment.
