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NuggetRush presale attracts investors amid potential Solana and Cronos uptrends

11 March 2024
in Solano
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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

NuggetRush (NUGX),  a new GameFi project focused on building a vibrant gaming community with social elements, is attracting investors via its ongoing presale campaign. Established altcoins, including Solana (SOL) and Cronos (CRO), are also making significant progress in their development. 

NuggetRush: GameFi platform brings excitement to crypto

The NuggetRush platform rewards participants and supports miners in underdeveloped nations. NUGX token holders earn rewards through various gaming activities. Solana has continued its upward trend in March, buoyed by the generally bullish sentiment across the global crypto markets. 

The surge is also attributed to developments on its network, including the introduction of the YBX stablecoin by Marginfi. Cronos experienced a significant bull run, surging over 70% in the last week of February and surpassing the $0.1200 barrier. The bullish momentum is attributed to various network developments and positive trends in the crypto space.

NuggetRush, Solana, and Cronos have experienced noteworthy developments and price movements, sparking intrigue and speculation within the crypto community.

NuggetRush (NUGX) is a relatively new GameFi project that aims to create an entertaining and socially focused gaming community. The platform offers an enjoyable gaming experience that rewards the participants and supports artisanal miners in underdeveloped nations.

Interestingly, NuggetRush enjoys a lot of attention in the crypto space because of its commitment to building an active and empowered community. Thus, it is one of the digital assets with good potential now.

NUGX token holders get rewards through tournaments, battles, quests, ranked play, and more. NuggetRush is designed to be revenue-generating and self-sufficient, with the help of gold merchants who send RUSHGEM awards directly to the miners’ chosen destinations.

NuggetRush is more interesting because the game’s characters are also cool NFTs. Its presale has already been quite successful, selling over 210 million tokens and raising over $2.7 million.

The project is in the Launchpad stage and selling out fast, with each NUGX token valued at $0.019. Crypto enthusiasts say now is the perfect time to buy since NuggetRush may explode exponentially after listing on mainstream exchanges at $0.020.

Solana charts unprecedented growth

After a strong rally in the last week of February 2024, the general crypto market paused for a while, but Solana continued rising. The surge in Solana’s price was caused by several factors, including various developments on its network.

Marginfi, a top lending protocol on Solana’s blockchain, confirmed its upcoming introduction of YBX, an over-collateralized stablecoin. Liquidity-collateralized tokens will support YBX, supported by renowned Solana assets such as jitoSOL, mSOL, bSOL, and LST. Furthermore, the stablecoin will debut on the mainnet in the latter half of March.

Solana’s market witnessed increased activity after consolidation, trading within a small range of $100.00 to $110.15 for nearly a week. The momentum prompted a breakout above the resistance zone. Despite a small correction, Solana regained its bullish strength and kept rising.

The recent price increase in Solana comes amid excitement surrounding the Dogwifhat (WIF) meme coin, a token powered by Solana’s network.

On March 4, SOL was valued at $129.79, representing an 18.92% increase on the weekly timeframe. Supported by developments on its network, experts have forecasted that SOL may rise to $148.55 in March.

Cronos rockets to new heights

Cronos recorded a steep bull run, surging by more than 70% in the last week of February. CRO has exceeded many hurdles and sharply rose above the $0.1200 barrier. Analysts say a similar performance is expected throughout the month.

The bulls in Cronos space have gained momentum, and a considerable trend reversal was seen. On that note, the price action showed a massive bullish movement dominating Cronos’ market charts.

Interestingly, CRO has been rising due to various developments on its network and the bullish momentum in the crypto space. Based on crypto news, the open interest in Cronos (CRO) recorded a sharp increase and gained over 59% to $10.90 Million, highlighting long-term buildup activity.

On March 4, Cronos (CRO) was trading at $0.1417, up 44.04% in the past week. Experts say Cronos (CRO) may rise to $0.1635 in March, supported by the bullish momentum in the market.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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