Cryptocurrency

CORE And SUI Investors Target New Opportunities To Chase Profit On NuggetRush (NUGX)

IndustryTrends

TLDR

  • Core has recovered slightly after the recent BTC halving. 

  • Sui's new partnership could help it recover from the effects of the crypto crash.

  • NuggetRush fetches 100% interest as its presale closes on a high.

Core's rising DeFi activity could spur its rally in Q2 2024. Sui has unveiled a new consensus protocol

Yet, excitement is growing over NUGX's upcoming listing on Uniswap. NuggetRush has already won over gamers with its offer of NFT staking and gold-backed rewards. Yet, can NUGX join the ranks of top bullish meme coins in 2024? Keep reading.

Core Returns to $2

Shortly after Bitcoin's halving, Core has recovered. Like many top altcoins, Core suffered from the effects of the crypto crash of early April. On-chain reports show that Core's market capitalization fell by $800 million since mid-March.

CORE traded at $0.5835 on March 20. It surged by 546.71% to $3.7736 on April 1. CORE fell by 63.99% to $1.3585 on April 13 before recovering by 81.93% to $2.4716 on April 21. 

Core could rise due to growing DeFi activity in its ecosystem. On April 17, Core introduced non-custodial Bitcoin staking to its ecosystem. Furthermore, its Colend DeFi protocol will go live soon, offering easy borrowing and lending services. Analysts say these factors could push CORE's value up by 39.40% to $3.4456.

Sui Unveils a New Consensus Protocol

Sui's community is jubilant over the recent launch of Mysticeti, a new byzantine consensus protocol. Mysticeti will improve Sui's current consensus protocol, reducing transaction latency and CPU requirements for validators. 

The excitement around the new release comes amid Sui's ongoing recovery. SUI traded at $1.7553 on March 20. It rose by 15.13% to $2.0210 on March 28. Two weeks later, SUI dropped by 47.29% to $1.0651 on April 13 before recovering by 28.60% to $1.3698 on April 21.

Sui has announced an upcoming partnership with Byteplus, the enterprise technology arm behind TikTok's ByteDance. Analysts say the partnership indicates Sui's rising adoption. Furthermore, it could help spur a recovery that could push SUI's value up by 35.81% to $1.8604, making it one of the best cryptocurrency investments.

NuggetRush Ends its Presale with a Revenue Inflow of $3.8 Million

NuggetRush's (NUGX) recently closed presale became a solace for many investors looking for high profits. The project first introduced its mining game, showing an ecosystem with mineral-rich lands and opportunities to collect gold and other NFT rewards. NuggetRush leverages blockchain technology to create an ecosystem where users can appreciate artisanal mining via a high-quality 3D game. 

It attracts gamers with a set of mining challenges that offer business opportunities. NuggetRush (NUGX) players can build booming businesses by trading excavated mineral resources. The game tests players with simple and complex challenges ranging from soil surveys to recruiting NFT characters into a mining workforce. These challenges will test your decision-making and resource-management skills. 

NFT mining characters help lift the bulk of your activities. The NFT characters you hire will affect the overall efficiency of your mining operations. Furthermore, their market value also contributes to the overall money you earn. NuggetRush (NUGX) offers a VIP council that comes with voting rights. Members of its VIP council also get access to restricted areas in the game. 

Furthermore, NuggetRush (NUGX) rewards all players with NFT assets and game funds. These NFT assets will include extra machinery and workers. The game also allows players to stake these assets and earn high financial value. Gamers can earn up to 20% APY for participating in staking of NuggetRush NFTs. 

NuggetRush's NUGX token is live on Uniswap. Its presale has closed after selling over 271 million tokens. Early investors also reaped 100% profit as NUGX's value surged to $0.020. Investors expect NUGX's demand to surge following its upcoming Uniswap listing. Furthermore, they expect it to become one of top crypto coins.

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