From Arbitrum to Skyrocket 120%, Ethereum’s New Daily Addresses Increase, NuggetRush Enters Final Stage of Sale.
Crypto analyst Michael van de Pop predicts that arbitrage will rise to $3. New addresses will be added to the Ethereum network every day until 2024. NuggetRush is in the final stages of its token presale, and investors are currently eagerly awaiting its launch.
Top crypto analyst Michael Van de Pop has made a big prediction for Arbitrum, predicting a 120% rise to $3.00. In other news, the Ethereum network has seen significant growth in new addresses by 2024.
Meanwhile, NuggetRush has entered the final stage of its crypto ICO presale, waiting for the official launch with investors.
NuggetRush (NUGX) in the last stage of sales
NuggetRush (NUGX) is making waves in the blockchain ICO stage, standing out as a fun meme coin that introduces users to the game for income. On this platform, players will enjoy an amazing mining game where they can earn money while having fun.
The game is full of different challenges, the best to grab NFT rewards. Also, players can run their own mining gigs in NuggetRush by making smart moves and learning more about business management.
Players with high-end equipment are more likely to win big prizes. Therefore, players are advised to upgrade their equipment while playing. NuggetRush also allows players to collaborate. So, you can join forces with others to search for minerals and take on other mining challenges.
Meanwhile, the current price of NuggetRush NUGX is $0.018, a 20% pump from the previous round. This is the last round of the pre-sale. Smart investors are getting in and doubling down on their investments before the pre-sale ends.
Analysts are already projecting 50x returns for investors who join now. So, jumping into the NuggetRush presale now is a smart move if you want to grow your assets as this DeFi project expands.
Arbitrum (ARB) may rise to $3.
Well-known cryptocurrency analyst Michael van de Pop Arbitrum (ARB) is confident that it will soon achieve a 120% increase forecast, which will reach the $3.00 level. This optimism follows a decline in Arbitrum's price after last month's 55% increase to $2.39 ATH.
A 35% decline in Arbitrage's price in Pop's post on X indicated the end of bearish trends. With the altcoin's price now stable, he believes that a rebound in Ethereum's price could significantly boost Arbitrage's value.
Meanwhile, Arbitrum's price chart shows that the coin is now trading in line with analysts' expectations. According to CoinMarketCap, Arbitrum's price has increased by 11.3% and 9.4% in the last 14 and 7 days, respectively.
Ethereum (ETH) new addresses continue to grow
Ethereum (ETH) increased its usage in 2024, establishing itself as the second largest cryptocurrency by market capitalization. Interestingly, the number of new Ethereum addresses increased in 2024.
According to Etherscan data, the network will have 3.54 million new addresses in 2024. In 2024, the daily growth of unique Ethereum addresses was 95,570 on average, with a significant increase of 96,145 addresses on February 6 alone.
The increased number of new addresses can be attributed to a variety of factors, including the Ethereum Futures ETF and the Decun update. The Decun update promises to lower network marketing costs by 90%.
Meanwhile, the price of ETH is between $2,264.19 and $2,442.97, with a 7.0% weekly price pump.
Final thoughts
Several altcoins are once again trading in the green following a disastrous run in January. FOMO has increased in the market as investors search for promising cryptocurrencies.
One altcoin on their list is up more than 80% in recent weeks. Analysts expect NuggetRush to emerge as Arbitrum after its founding.
