Aptos (APT) just unlocked nearly 10% of its token supply. Bonk’s market capitalization has risen sharply since its Coinbase listing. However, analysts are confident that NuggetRush (NUGX) is a better investment after its early presale buyers earned a 30% profit. NUGX can outperform many new ICOs. But can NUGX challenge APT and BONK? Let’s discuss.
NuggetRush: Mining Adventure Set Test Players’ Mining Skills While Offering Vast Rewards
NuggetRush (NUGX) is a blockchain adventure game that combines the thrill of artisanal mining with a vast reward potential. It features an Ethereum-based mining game with hyper-realistic graphics and an immersive mining experience.
The game offers the thrill of finding and selling resources on a marketplace. Furthermore, NuggetRush (NUGX) challenges players to turn their mining operations into a booming business.
The game thrusts players into its super realistic world, where they must use artisanal mining NFT characters to excavate vast resources. Each successful mining task comes with rewards like machinery and character NFTs.
Players can flip these characters for cash on NuggetRush’s marketplace. Furthermore, they can swap RUSHGEM NFTs for real gold. NuggetRush (NUGX) also offers community membership benefits.
Its Rush Guild council membership comes with access to restricted areas within the mining game. Furthermore, players also get voting rights, thus enabling them to participate in decision-making on the platform.
The game allows staking of NFT assets, further boosting a player’s earning potential. The longer a player holds their NFT assets, the higher the potential APY.
NuggetRush’s (NUGX) ongoing presale has sold over 86 million tokens. Its token sales have also raised over $800,000 since the start of its presale. Analysts agree that it could thus become one of the most popular NFT projects in 2024.
NuggetRush (NUGX) is currently in the third round of its presale, selling at $0.013. It has raised 30% profit for its earliest buyers!
Aptos Unlocks Nearly 0ne-tenth of its Token Supply
Aptos has faced intense scrutiny after a mega token unlock on December 12. The network unlocked nearly 10% of its token supply, releasing 34.8 million APT tokens valued at $195 million. Due to the controversial nature of token unlocks, some expect Aptos token’s rally to take a dip.
Aptos’ APT token traded at $6.7048 on November 3. Nearly a month later, APT’s value jumped by 9.4% to $7.3373. APT kept soaring, rising by 24.1% to $9.1096 by December 12, the same day Aptos released 24 million tokens into circulation.
Token unlocks are infamous for increasing supply and reducing demand, thus leading to a price decline. Several analysts fear a similar situation might unfold on Aptos (APT). They say increased APT supply might lead to a decline in Aptos’ investor sentiment. However, they still expect APT to rise by 10.9% to $10.1096 due to current bullish sentiments.
Bonk Becomes Third Largest Cryptocurrency By Market Capitalization
Solana’s BONK token has jumped significantly in the past few days. Its rally has pushed it to become one of the largest meme coin projects. Data from CoinMarketCap shows BONK’s market capitalization has soared to over $1 billion. This makes BONK the third largest meme coin by market capitalization, a position formerly held by frog-themed Pepe.
BONK’s sharp increase follows growing demand for spot crypto ETFs. As of October 31, BONK was trading at $0.0000007657. A month later, BONK had risen by 425.4% to $0.000004023. BONK then soared by 506.2% to $0.00002439 as its market capitalization increased.
Several analysts expect BONK’s recent rise to continue following its listing on Coinbase. Furthermore, they expect BONK to capitalize on the growing demand for meme coin projects. This could push BONK’s value up by 123.0% to $0.00005439. BONK‘s current rise makes it one of the top crypto coins.
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