Buying Interest Spikes On NuggetRush Presale As Cardano And Avalanche Holders Seek Profit Opportunities

Matt Williams
Last updated: | 3 min read
Cardano

TLDR

  • GitHub commits on Cardano (ADA) have risen significantly in March.
  • Avalanche’s (AVAX) partnership with The Graph could boost its bullish momentum.
  • NuggetRush (NUGX) has enchanted investors in the gaming community with its gold rewards.

Cardano’s rising network activity was insufficient to keep ADA’s price at $0.70. Avalanche (AVAX) has also announced a mega partnership with Chainlink.

Still, NuggetRush’s (NUGX) yet-to-launch mining game is on the minds of most investors. The project has offloaded 250 million tokens to the crypto community. Yet, can NUGX become a top ICO project? Let’s discuss.

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NuggetRush: Leading the Expansion of Ethereum’s Gaming Ecosystem


As demand for gaming tokens has risen in 2024, investors have called for new and unique projects in Ethereum’s gaming ecosystem. One project that is seemingly answering that call is NuggetRush (NUGX). Native to the largest blockchain network, NuggetRush (NUGX) is a new GameFi addition that pays gold rewards and high-value NFTs.

The game stands out because it is a 3D recreation of the artisanal mining life. NuggetRush’s (NUGX) ecosystem is rich in mineral resources. It invites players to establish business operations on its 3D mining game. After setting up mining operations, gamers earn money by trading excavated resources and valuable game collectibles.

NuggetRush (NUGX) lets players collaborate on overcoming challenges and earning rewards. This increases the engagement level of its mining adventures. Furthermore, it offers an easy way for beginners to leverage the expertise of players with more experience.

NuggetRush (NUGX) offers payouts of game funds, NFT assets, and real gold rewards. Gamers can earn up to 20% APY when they join its NFT staking program. NuggetRush (NUGX) is now in the eleventh hour of a blockchain ICO that has sold over 250 million tokens.

First-time investors have also earned 90% interest as NUGX has grown to its launchpad round value of $0.019. A jump to $0.020 will complete NuggetRush’s presale, giving way to its official listing. Still, analysts say NUGX will remain one of the best presale tokens in 2024.

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Cardano Fails to Hold the $0.70 Mark


Cardano (ADA) has disappointed a host of investors after its late March decline. Top altcoins like Cardano and Solana rallied at the start of the month following Bitcoin’s surge to $73,000. Investors expected Cardano (ADA) to reach $0.80.

However, Bitcoin’s decline reduced Cardano’s (ADA) momentum. ADA traded at $0.5832 on February 23. It jumped by 18.9% to $0.6935 on March 5. ADA soared by 11.6% to $0.7742 on March 11. It then dropped by 16.5% to $0.6462 on March 24.

Cardano’s (ADA) drop comes amid its rising Github activity. Reports from IntoTheBlock show that Cardano surpassed Ethereum and other networks in Github commits.

Between March 11 and March 17, Cardano (ADA) registered 978,780 commits, which is significantly larger than Ethereum’s 407,170. If development activity on Cardano remains high, ADA could jump by 22.0% to $0.7884.

Avalanche Announces a Real World Asset (RWA) Tokenization Partnership with ANZ Bank


Avalanche (AVAX) has announced a partnership with Chainlink and ANZ banking group. The partnership would explore the tokenization of real-world assets. Furthermore, the partnership would help connect Avalanche (AVAX) to Ethereum, boosting circulation and settlements of tokenized assets globally.

The news could also improve Avalanche’s market performance. AVAX traded at $39.346 on February 26. It jumped by 9.5% to $43.09 on March 4. AVAX rose by another 13.7% to $49.01 on March 11. Nearly two weeks later, it soared by 13.5% to $55.66 on March 24.

Avalanche’s (AVAX) network activity could jump due to a partnership with The Graph. On March 15, The Graph announced the introduction of new data tools for Avalanche (AVAX) developers.

The partnership could boost the indexing of on-chain data, thus improving the quality of Dapps on Avalanche. It could also increase AVAX’s price by 18.5% to $65.99, making it one of the best bullish altcoins.

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