BNB Reacts As Binance Prepares To Return To India; Top Analyst Says Dogwifhat Looking Good Amid Crypto Correction As NuggetRush Approaches Airdrop

TLDR:

• BNB has recovered above $540 as its parent exchange, Binance, prepares to return to India.
• Pseudonymous analyst Bluntz has explained that Dogwifhat (WIF) is looking good despite the memecoin crash. 
• The NuggetRush airdrop could take NUGX to $0.10.

After a four-month ban, Binance looks set to return to India by paying a $2 million fine. BNB has crossed the $540 resistance after retesting the $500 support level. Meanwhile, Bluntz has predicted that one of the top memecoins, Dogwifhat, is in a good position to rally after bottoming out. Similarly, NuggetRush is aiming at the $0.10 level as its airdrop hits markets. 

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NuggetRush (NUGX) To Lead the Future of GameFi 

GameFi, the intersection of gaming and finance, is one of the fastest-growing industries. By 2030, GameFi is estimated to be a $650 billion industry and one of the interesting gaming tokens to buy now is NuggetRush (NUGX). 

NuggetRush stands out from other projects by integrating additional elements, including artisanal mining, staking, meme culture, and NFTs, into its ecosystem. This unique model positions NuggetRush to be one of the leaders of the GameFi revolution. Within the game, players will establish mining operations and employ the services of miners as they go on thrilling gold missions.

NuggetRush gives players two options: either select popular NFT in-game characters or team up with other players. The rewards players collect from the game can be converted into real cash, NUGX tokens. Players who find any of the trending NFTs from the RUSHGEM collections can convert them to real gold. These NFTs can also be staked for up to 20% APYs.

As a standout project, NuggetRush (NUGX) enjoyed massive success in its cryptocurrency ICO where it raised over $3.8 million. The excitement around the project is at an all-time high, as the airdrop is live. While NUGX is listed at $0.020, the bullish sentiment could drive its price as high as $0.10.

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BNB (BNB) Rebounds To $540 As Binance Prepares To Reopen in India

BNB (BNB) was one of the top altcoins affected by the recent crypto crash. From a monthly high of $630, BNB plunged to lows at $500. However, the price of Binance Coin reacted positively at the $500 support level, leading to a rally back above $540.

The price recovery comes amidst plans from its parent exchange, Binance, to reopen in India. After serving a four-month ban, the leading crypto exchange will pay a $2 million fine for non-compliance. Binance reportedly accounted for over 90% of the Indian crypto trading volume before its ban, making its return a huge deal for BNB. 

Dogwifhat (WIF) Looking Good for a Recovery: Bluntz

Like BNB, Dogwifhat (WIF) suffered a huge blow in the recent market crash, tumbling from a monthly high of $4.85 to $2.45. Despite the steep correction, Blutz, a top crypto analyst, has stated that WIF has hit its bottom price. 

Basing his analysis on the Elliott Wave theory, Bluntz explained that Dogwifhat is now ready for a market recovery. While Bluntz did not share a price target for WIF, 99Bitcoins, in a recent YouTube video, explained why Dofwifhat could rally to $5.00 in the coming weeks.

Closing Thoughts

The cryptocurrency market appears to be making a recovery following its recent correction. Based on their recent performance, Dogwifhat and BNB are two top crypto coins that could see significant gains. Meanwhile, the NuggetRush airdrop could fuel a rally to the $0.10 price level.

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