Binance Announces Memecoin (MEME) – Can It Rival Dogecoin and NuggetRush?

TLDR

• Binance introduced Memecoin (MEME) via its 39th project on the Binance Launchpool. Users can stake Binance Coin (BNB), TrueUSD (TUSD), and FDUSD to farm MEME tokens.
• A long-dormant Dogecoin (DOGE) wallet, untouched for nearly a decade, suddenly reappeared on October 28, 2023, sparking speculation about its activity.
• NuggetRush (NUGX) is one of the best altcoins to invest in, combining Impact Gaming and GameFi principles. It has gained significant attention for its Play-to-Earn (P2E) meme coin model.

Binance launched Memecoin (MEME) as the 39th project on its Binance Launchpool. On the other hand, a dormant Dogecoin (DOGE) wallet awakened after 9.8 years, igniting speculations in the market. Yet, NuggetRush (NUGX) incorporates the principles of Impact Gaming and GameFi, offering users new investment opportunities. Can NuggetRush surge to compete with Dogecoin and Memecoin? 

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Binance Introduces Memecoin (MEME) as 39th Project on Binance Launchpool

On October 28, 2023, Binance introduced Memecoin (MEME) as the 39th project on its Binance Launchpool. Memecoin (MEME) is the native token for the Memeland ecosystem, a Web3 venture studio connected to 9GAG.

Binance users can stake their Binance Coin (BNB), TrueUSD (TUSD), and FDUSD into different pools to farm Memecoin (MEME) tokens over 30 days. The farming began on 2023-10-28 00:00 (UTC) and Memecoin (MEME) will list on Binance on November 3.

The listing will let Memecoin (MEME) token holders trade the token with ease, providing liquidity and flexibility to those seeking to join the Memeland ecosystem.

One of the most impressive aspects of this Memecoin (MEME) launch on Binance is the Seed Tag applied to MEME. This strategy offers security and trust for users seeking to engage with MEME.

The total supply of Memecoin (MEME) tokens is 69 billion. 8,797,500,000 MEME tokens will be floated in the market at the start of the Launchpool. That amount represents 12.75% of the total token supply. Moreover, 1.38 billion Memecoin (MEME), 2% of the total token supply, will be used as user rewards.

Sudden Awakening of Dormant Dogecoin (DOGE) Wallet Sparks Speculation

A dormant Dogecoin (DOGE) wallet, inactive for around 9.8 years, abruptly reappeared on October 28, 2023, igniting new speculation about the reasons behind its latest activity.

Based on Whale Alert data, the dormant Dogecoin wallet has 5,392,984 DOGE worth over $370,000. Onchain data showed that the activity was sparked by a transfer executed by this Dogecoin whale, which saw 392,000 tokens sent to another DOGE address.

The resurgence of inactive Dogecoin (DOGE) addresses has become increasingly common lately. As previously reported by Coingape, a similar reactivation happened in June, though this time, the revived wallet held just over 2 million DOGE units.

As these reactivations happen often, analysts suggest that these Dogecoin (DOGE) owners might be preparing to end their HODLing and potentially execute a sell-off soon. While this explanation seems reasonable, uncertainty surrounds the timeline and its possible effects on the overall market.

These whale actions complement retail accumulation, increasing resilience in Dogecoin’s (DOGE) price irrespective of market sentiment. On November 1, 2023, Dogecoin (DOGE) was trading at $0.06641. 

Analysts expect Dogecoin (DOGE) to rise to $0.07425 by the end of 2023, supported by the bullish momentum in the whole crypto market.

NuggetRush (NUGX) Offers Impact Gaming and Play-to-Earn Experiences

NuggetRush (NUGX) ranks among the top best altcoins to invest in, incorporating the principles of Impact Gaming and GameFi. 

NuggetRush (NUGX) is among the newest crypto ICOs to join the market, aiming to emulate the success of Bitcoin (BTC). While it might be new in the cryptocurrency industry, NuggetRush (NUGX) generates lots of interest and enthusiasm among investors and crypto enthusiasts.

In that context, NuggetRush readily integrates two prominent cryptocurrency trends since it is a play-to-earn (P2E) meme coin. Additionally, NUGX’s limited token supply of 500 million supports its potential for value growth.

NuggetRush (NUGX) offers a groundbreaking Play-to-Earn (P2E) gaming model that redefines the crypto experience, making it an interactive and lucrative journey. This core feature boosts user interaction and establishes NuggetRush (NUGX) as the best crypto investment, offering tangible benefits that surpass speculative trading.

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Notably, the project’s remarkable presale performance is proof of its potential. NuggetRush (NUGX) is selling at 0.012 USDT in Stage 2 of the presale – and investors can buy some right now to get in on the action. 

This perfectly planned presale, progressing towards a launch price of 0.020 USDT, represents a carefully developed roadmap to push NuggetRush (NUGX) toward a $100 million market capitalization.

Visit NuggetRush Presale Website  

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