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Will NUGX surpass PEPE and WIF in the upcoming crypto surge?

Friday, April 12, 2024 07:40 AM | Invezz via QuoteMedia

Will NUGX surpass PEPE and WIF in the upcoming crypto surge?

2024-04-12 07:40:18 ET

Dogwifhat has maintained its high ratings among investors amid its price recovery in April. Floki’s growth could challenge Pepe’s performance in 2024.

Meanwhile, NuggetRush (NUGX) has continued to gain more fame in the crypto industry after the completion of its mega presale.

The project sold over 270 million tokens. Yet, can it become one of the top ICO investments of 2024? Let’s discuss.

NuggetRush’s recently concluded presale mounts pressure on Ethereum gaming networks

The blockchain gaming ecosystem is home to exciting projects with high financial viability. Yet, analysts agree that NuggetRush is a standout project that threatens to upend many P2E games.

NuggetRush is about engaging in active mining challenges that help players accumulate gold and NFT rewards.

Its gameplay shows the fun and adventurous side of artisanal mining while offering GameFi benefits that players are used to.

NuggetRush lets players become business managers as they engage in its minting adventures. It has all the tools needed for gamers to start viable mining businesses.

Gamers will recruit workers and equip them with high-quality machinery. This will allow players to run a bigger mining operation with higher financial viability.

The mining challenges on the NUGX ecosystem will test how well you can make critical decisions and manage resources.

NuggetRush’s and its offer of attractive NFT prizes and P2E benefits is more enticing than many Ethereum gaming networks.

Active participation in the gaming adventures gives access to real gold. The game also gives out high-quality machinery and NFT workers.

Players can sell these assets, gaining more money. Or they can be incorporated into mining operations for boosted efficiency.

Gamers can also earn money from their NuggetRush collectibles without selling, thanks to NFT staking.

NUGX payouts on NFT staking go as high as 20% APY. Gamers are eager to capitalize on the latent financial opportunities within the project. Over 270 million tokens have been sold in its presale.

The revenue generated from token sales also exceeded $3.75 million. NUGX trades at $0.020 after returning 100% ROI to its first investors. Analysts expect it to become one of the top crypto coins.

Pepe faces competition from Floki

Pepe has become one of the top altcoins in the crypto market following the end of Q1 2024.

Bitcoin’s surge and the ensuing market bullishness triggered high investor demand for top meme coins. Pepe soared as investors purchased more themed tokens.

Its market capitalization also increased, reaching a high of $4.2 billion. PEPE traded at $0.000009067 on March 11.

Two weeks later, it rose by 10.66% to $0.0000081 on March 25. The coin fell by 18.74% to $0.000006582 on April 5 before jumping by 18.04% to $0.00000777 on April 8.

Floki’s continuous network expansion threatens PEPE’s growth in 2024. Staking activity has soared on Floki as it has risen to the top of investor wishlists.

Analysts say competition from Floki will reduce PEPE’s momentum. Still, they expect a slight pump in PEPE’s price up by 14.63% to $0.000008907.

Dogwifhat tops meme coin rankings

Dogwifhat has topped the charts of highly rated meme coins in 2024. Following a spectacular price surge, the alt became one of the best-performing Solana meme coins, attracting long-term holders .

Surging demand for the Dogwifhat increased its market capitalization by $4 billion since early February. WIF also witnessed a slight price correction at the start of April.

Yet, Dogwifhat has regained its bullish momentum. It traded at $1.2407 on March 1. Two weeks later, WIF jumped by 78.52% to $2.2149 on March 16.

Its bullish momentum remained high, and the altcoin rose by 63.88% to $3.6298 on April 3 before a 15.70% increase to $4.2000 on April 8.

Another factor that influenced Dogwifhat’s growth in 2024 is its increased listings. Binance, Blue Bit, and other exchanges have listed the Dog-themed cryptocurrency.

Analysts expect this trend to increase in subsequent economic quarters as demand for WIF remains high. This could push the token’s price up by 34.77% to $5.6605.

For all information NUGX you can visit NuggetRush presale website.

The post Will NUGX surpass PEPE and WIF in the upcoming crypto surge? appeared first on Invezz

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