NuggetRush (NUGX) introduced impact gaming into the GameFi sector and supports artisanal miners in underdeveloped nations. It has many features and components that guarantee its long-term success. On the other hand, Arbitrum (ARB) dominated the layer-2 scaling space, surpassing Ethereum (ETH) in many on-chain metrics. Here is why NuggetRush has outshined Arbitrum's impressive growth and is expected to compete with the established project in the long term.
NuggetRush (NUGX) is the best NFT crypto on the blockchain currently. It is paving the way for GameFi to integrate impact gaming into its advancing model. Designed with trending NFTs that double up as game platforms on its metaverse, NuggetRush (NUGX) supports artisanal miners in underdeveloped nations.
Mining adopts an entirely new meaning within NuggetRush's (NUGX) ecosystem. The players who start their adventure with limited resources must explore the mines, seeking treasures with real-world value.
This play-to-earn (P2E) platform has much to offer besides a thrilling gaming experience. Rewards await gamers and investors participating in the staking protocol offered by NuggetRush (NUGX). Token holders can stake their acquired assets to receive rewards of 20% APY.
The Rush Guild is another benefit by the project, offering members governance rights and exclusive access to discounts, bonuses, and rewards. NuggetRush (NUGX) will rise toward the top of the decentralized cryptocurrency list, outperforming most of the other meme coins with its advanced investment and gaming model, which guarantees winnings on the platform are converted into physically tangible assets.
Being a top ICO, NuggetRush (NUGX) has been on a roll as its presale accomplished impressive milestones. The presale is selling out quickly, nearing the end of round 4. Notably, NuggetRush has raised over $1.6 million, selling over 140 million NUGX tokens. With the speed at which investors are buying these tokens, NUGX will hit its hard cap target for the presale.
All these features and components make NuggetRush (NUGX) the best crypto investment today.
Arbitrum, a Layer-2 (L2) scaling solution, has been on an upward trajectory since the launch of its ARB token in March 2023. The last 30 days recorded a 74% increase in ARB's value, highlighting the growing market interest in the protocol.
Interestingly, Arbitrum's daily decentralized exchange (DEX) volume has increased considerably, pushing the protocol to overtake Ethereum (ETH) for the first time in key metrics. That milestone highlights Arbitrum's (ARB) growing adoption and recognition for its scalability within the DeFi sector.
Based on DefiLlama data, Arbitrum's daily DEX volume hit $1.834 billion on January 5, 2024, eclipsing Ethereum's volume of $1.444 billion. ARB's seven-day volume surged to $6.804 billion, representing a massive trading activity in the protocol.
Reviewing the total value locked (TVL) in DEX, Arbitrum (ARB) accounted for $1.297 billion, representing 33.40% of the total value locked. This metric highlights Arbitrum's (ARB) growing prominence as users recognize its potential for secure and efficient decentralized trading.
More demonstration of the growth of the protocol's ecosystem, according to token terminal records is Arbitrum's market capitalization, which has increased by 83.84% to $2.56 billion. The revenue generated by ARB in the last month has also increased massively.
On January 8, 2024, Arbitrum was trading at $1.74. Analysts expect ARB to surge to $2.12 by the end of January, supported by developments on its network. Hence, ARB is a good crypto to buy today.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.