Investors Flock to NuggetRush, Predicting a New Era in Crypto Dominance Beyond Shiba Inu and THORChain
Shibarium’s network activity is on the decline. THORChain’s bearish decline has continued since early January. NuggetRush (NUGX) jumps to $0.018 as its exchange listing approaches. Shibarium’s network activity has fallen amid Shiba Inu’s (SHIB) declining bullish momentum. THORChain’s (RUNE) fall could push it to the $3 region. Now, investors are lining up to join NuggetRush’s [...]
- Shibarium’s network activity is on the decline.
- THORChain’s bearish decline has continued since early January.
- NuggetRush (NUGX) jumps to $0.018 as its exchange listing approaches.
Shibarium’s network activity has fallen amid Shiba Inu’s (SHIB) declining bullish momentum. THORChain’s (RUNE) fall could push it to the $3 region.
Now, investors are lining up to join NuggetRush’s (NUGX) community after the project revealed gold rewards and NFT staking opportunities. NUGX’s presale value has risen by 80%. Yet, will it be a better buy than top altcoins like SHIB and RUNE? Let’s discuss.
NuggetRush Secures $0.018 Ahead of its Anticipated Exchange Listing
NuggetRush (NUGX) continues to blaze a trail after its presale crossed into round five, stunning investors with its token value growth. NuggetRush (NUGX) is an NFT gaming adventure where players build mining businesses by leveraging the expertise of professional NFT miners. On NuggetRush, you will meet interesting NFT characters with varying expertise in mining and entrepreneurship.
To set up a successful mining operation, you need a workforce and suitable mining equipment. These resources will be available for purchase on NuggetRush (NUGX). Furthermore, you will receive some NFT assets when the mining game starts and as you go along.
The more efficient you are at mining, the higher your gaming rewards. NuggetRush (NUGX) allows players to boost their mining efficiency through collaborations between gamers in its blockchain community. Group challenges are particularly useful for beginner players with little mining know-how. Gamers are also eligible for higher rewards when they engage in group activities.
NuggetRush (NUGX) benefits include NFT staking and the opportunity to win gold. It also rewards community members for their active participation. To become a member of NuggetRush’s vibrant community, you can join its ongoing blockchain ICO.
Investors now hold 161 million NUGX tokens since its presale started. NUGX trades at $0.018 after jumping by 20% from its previous value. It will rise by 11.1% to $0.020, its listing price.
Shiba Inu Struggles to Rise Amid Decline in Shibarium’s Network Activity
Shiba Inu (SHIB) holders are disappointed by the recent decline in Shibarium’s network activity. The daily transaction count on Shibarium stood at 7.52 million as of December 29. However, that number declined to 1.16 million by January 13.
The news has cast doubts on Shiba Inu’s expected recovery. Shiba Inu’s SHIB token traded at $0.000008367 on December 1. By January 2, SHIB jumped by 26.2% to $0.00001056. SHIB fell by 12.8% to $0.000009198 by January 18, as its bullish momentum declined.
Shiba Inu (SHIB) holders expect a rebound in Shibarium’s network activity. Despite the recent price downturn, Shiba Inu’s (SHIB) team has pressed on with its token burn plans. Shiba Inu’s latest weekly token burn incinerated 136 million tokens.
Analysts say the token burns could lead to increased demand for Shiba Inu (SHIB) among other community-driven meme coins. It could also push SHIB’s price up by 43.2% to $0.00001318.
THORChain Could Fall to $3 Amid Market Correction
THORChain’s (RUNE) bearish momentum increased in early January. Despite the excitement around recently approved spot Bitcoin ETFs, THORChain (RUNE) and several altcoins had declined. Despite THORChain’s price fall, its market capitalization is up by $800 million since early November.
RUNE traded at $7.0919 on December 2 after a bullish November. It fell by 24.4% to $5.3576 by January 1. RUNE dropped further by 5.8% to $5.0451 on January 10, the same day the SEC approved spot Bitcoin ETFs. Its bearish decline continued, and RUNE fell by 19.6% to $4.0543.
THORChain (RUNE) could rise due to an expectation of increased trading activity on decentralized exchanges. Investor sentiment is sure to rise as excitement around spot Bitcoin ETFs remains. If trading activity on THORChain increases, RUNE could jump by 29.6% to $5.2553. Still, analysts agree that THORChain (RUNE) is not a good crypto to buy now.
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