- Stellar (XLM) remained stagnant in early January.
- Shiba Inu (SHIB) has fallen, although Shibarium’s popularity has jumped since early November.
- NuggetRush (NUGX) could become one of the top gaming projects in the NFT industry.
Stellar (XLM) has stagnated since December 2023 despite the widespread bullishness in the crypto market. Shiba Inu (SHIB) has also fallen despite increased activity on Shibarium.
Now, investors are running to NuggetRush (NUGX) after its presale sold over 140 million tokens and generated more than $1.6 million in revenue. The project offers a unique mining experience packed with gold and NFT rewards. Yet, can this help NUGX surpass other new ICOs? Let’s discuss.
NuggetRush (NUGX) Stuns Investors with Impressive Presale Numbers as its Exchange Listing Draws Nearer
NuggetRush (NUGX) is an NFT gaming adventure designed to allow players to revel in the joys of artisanal mining. It requires the collection of mining equipment and the establishment of resource-digging sites. Gamers get money after trading mineral resources excavated from their digging operations. The game allows players to expand their operations continuously to earn more rewards.
NuggetRush’s (NUGX) game is exciting, super realistic, and offers group participation. Activities on the mining adventure range from soil sampling and digging pits to recruiting mining workers. The game gives out NFT assets to assist players in their operations. It also offers a comprehensive marketplace where players can purchase the finest mining equipment.
NuggetRush (NUGX) rewards are influenced by the efficiency of a player’s mining operations. By hiring more skilled workers and purchasing new equipment, gamers increase the efficiency of their mining operations. They can also sell off old machinery and mining workers they no longer need. Of course, these NFT assets have high value depending on their rarity.
To start collecting NuggetRush’s (NUGX) rewards, players need to sign up for its ecosystem. Gamers can join its ongoing blockchain ICO, which has sold over 140 million tokens. The project is now in round four of its presale, and NUGX has a market value of $0.015. Current buyers will earn a 20% increase as NUGX’s value will jump by 20% to $0.018.
Stellar Hovers Above $0.12 Amid Bullishness in the Crypto Market
Stellar’s (XLM) market performance since early November 2023 has been slower than expected. Despite the bull run in late December, Stellar (XLM) grew slowly after facing high volatility. Stellar’s (XLM) slow growth comes amid excitement around its coming Protocol 20 upgrades coming in January 2024.
XLM traded at $0.1279 on November 8. A month later, XLM had grown by 3.4% to $0.1323 by December 8. Investors expected XLM’s growth to continue, but it fell by 9.2% to $0.1201 by January 6.
Stellar’s Protocol 20 upgrade is scheduled for January 30, 2024. The upgrade would add Soroban smart contracts to its network. Protocol, 20 versions of Stellar Core, Horizon, Soroban RPC, and Stellar SDKs, have already been released in December 2023.
Analysts say the upgrade would further boost DeFi activity on Stellar (XLM), thus pushing XLM’s price up by 16.6% to $0.1401.
Shiba Inu Dips Slightly Despite New Network Milestone
Shiba Inu’s Shibarium network has continued its impressive performance since Q3 2023. Although Shiba Inu launched Shibarium in August 2023, its transaction count has soared above 250 million. High network activity has also pushed wallet addresses on Shibarium above 1.3 million.
Despite the high network activity on the Shibarium blockchain, Shiba Inu (SHIB) has dipped slightly from its late 2023 high. SHIB’s value as of December 1 stood at $0.000008267. By December 31, SHIB had jumped by 24.5% to $0.0000103. SHIB fell by 8.8% to $0.000009392 by January 6, as its bullish momentum dropped slightly.
Shiba Inu (SHIB) holders expect its growth to continue due to plans for token burns in 2024. The network ramped up its token burn programme after the launch of Shibarium.
Furthermore, Shiba Inu’s (SHIB) lead developer hinted at a radical token burn involving 99% of its total supply. Analysts say Shiba Inu (SHIB) could rise further due to the increased scarcity of its tokens. This could push SHIB’s value up by 58.6% to $0.000014902. If SHIB records such an increase, it could be one of the top crypto coins.
Visit NuggetRush Presale Website
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