It is amazing how from being a joke, Dogecoin ended up becoming a significant player in the cryptocurrency market. A new player is making an impressive move today.
NuggetRush (NUGX) is going out of its ICO stage with great impacts by blending together games, crypto, and re-world benefits for users. With $900k raised in its initial coin offering, the question arises: Will NuggetRush be the next Pepe?
Dogecoin’s Rise and Memecoin Mania:
The broader cryptocurrency market has grown incredibly after the victories of Bitcoin and Ethereum as the total cryptocurrency market capitalization has surpassed $ 1.7 trillion.
In the last year, the price of bitcoin has increased more than 130% showing that people are supporting the cryptocurrency. A recent study by CoinGecko shows that more than 50% of countries worldwide are now crypto-friendly. Thus, this implies an increased willingness to accept Bitcoin as an appropriate asset category around the world.
Amazingly, Dogecoin has become popular as it started as a joke coin, after featuring such reputable personalities as Elon Musk and Snoop Dog. Being inspired by Dogecoin, other meme coins have been developed such as Shiba Inu and DogeFi among others.
Notwithstanding that Dogecoin started very strangely, it has become a means for donations and funding that is accepted by some companies across the USA and Canada.
Pepe’s Memecoin Rally:
Looking at Pepe, an April 2023 meme coin that made a 7,000 percent upswing and currently has over $600 million in market capitalization.
Similar to Dogecoin, Pepe has no inherent value or purpose – it is a meme that runs on the Ethereum network, being an ERC token.
NuggetRush – Redefining the Memecoin Mania
The focus now shifts to NuggetRush, a meme coin still in its ICO stage and garnering attention.
This play-to-earn gaming platform aims to reshape the entire meme coin industry. NuggetRush incorporates artisanal mining, cryptocurrencies, as well as gold mining within an unusual gaming context.
Uniquely, Nuggetrush bridges the virtual and the actual worlds by encouraging its members to meet physically once a month. This makes it possible for in-game assets such as gold and cash to be exchanged with one another through the gaming platform.
Some prominent figures like Maxwell Stoneforge, Marcus “Mack” McAllister, and Mia Gallagher not only enhance the gameplay but also serve as NFT coins. It also involves NUGX is the governance token of NuggetRush. It enables community participation in decision making on the platform and fosters engagement. .
NuggetRush has successfully sold out over seventy percent of available tokens at its ongoing third-phase presale at a price of $0.013 per asset.
SolidProof has audited a contract to promote transparency within the project so that players will be able to play without fear of results manipulation and other dirty gaming antics.
More so, plans to pass ownership of contracts to the community strengthens confidence in NuggerRush’s management and operations. Could this be the next Pepe?
Visit NuggetRush Presale Website
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