TLDR
- NuggetRush raises over $1.3 million in its surging presale as it prepares to round up its fourth presale stage.
- The Shiba Inu rival offers incredible utility and real-world value that differentiate it from other meme coins.
- Shiba Inu is facing a decline in the crypto market as whale activity for the token dwindles drastically.
The acclaimed Shiba Inu rival, NuggetRush (NUGX), is making moves as its presale sells out. The new project is breaking the meme coin stereotype by revolutionizing gameplay in the metaverse. It merges the memetic appeal of these tokens with intrinsic value—a blend of GameFi and impact gaming. The project uses non-fungible tokens (NFTs) that double as game characters within its play-to-earn game.
On the other hand, Shiba Inu (SHIB) is putting up little of a fight as its prices decline. Investor attention is dwindling for the meme coin following pull-outs from whales. This article explores this upcoming blockchain ICO and its offerings while highlighting Shiba Inu’s path on the decentralized cryptocurrency list.
NuggetRush (NUGX): Revolutionizing Play-to-Earn Gaming
The blockchain ICO NuggetRush has crossed another milestone in its presale journey, having recorded over $1.3 million in sales of its native token. The project, which commenced its presale some months ago, has exceeded expectations as its fourth round prepares to round up with less than 25% of the 50,000 NUGX tokens allocated to this stage left. The round sells at 0.015 USDT, a 50% increase from its initial round, where each token was sold at 0.01 USDT.
The project is set to meet its hard cap of 215,000,000 tokens, as over 121 million tokens have been sold. With a plan to launch at a proposed DeFi coin price of 0.02 USDT, a whopping 100% increase from its round 1 price, the project has attracted investors seeking significant ROI. The final stage of the presale, round 5, is drawing closer, and investors who cannot purchase tokens at the current stage will have to buy at 0.018 USDT, dropping their potential ROI from 33.3% to about 11%.
This blockbuster ICO is offering more than a successful presale. NuggetRush is changing the narrative with which meme coins are known by providing an exciting P2E that offers real-world utility and impacts artisans in underdeveloped communities. Players can enjoy the thrill of a gold rush as they explore the mines within NuggetRush’s metaverse. The game is backed by trending NFTs representing game characters with different attributes.
Players can complete quests, battles, and tournaments to increase their rewards using these characters. Those who claim RUSHGEM NFTs would be able to convert them to real-world rewards and get gold or cash delivered to their doorsteps.
Functionality within NuggetRush’s ecosystem exceeds its gaming capabilities. The trending NFTs double as digital assets that can be staked within the platform’s staking mechanism for up to 20% APY returns. These assets can also be traded on the platform’s peer-to-peer marketplace. Joining the Rush Guild will give investors added benefits such as governance rights, exclusive discounts, and rewards.
Shiba Inu (SHIB): Declining Whale Activity
Shiba Inu is experiencing a bearish outlook as its token prices decline. This drop, about 4% in the past month, is attributed to the gaping hole left by a decrease in whale activity. According to on-chain analysis, the project recorded a drop of over 77% in transactions. IntoTheBlock, a crypto analysis company, recently shared data showing a drop in the volume of large SHIB transactions to 1.46 trillion tokens, or about $15.83 million.
Market sentiment for the token is turning negative, even as analysts project bullish predictions. This significant drop in whale activity could become a problem that may make SHIB’s DeFi coin price plummet. SHIB holders seeking a new investment project are looking to NUGX and its surging presale. Their interests are in the project’s immense utility, which indicates that it will remain relevant in the long term and that its market value will be less volatile than other meme coins like SHIB.
Conclusion
As meme coins continue to deliver impressive wins to early investors, certain OGs are facing a decline in investor interest. Shiba Inu faces poor market sentiment, but analysts say there could be hope as activity on its Shibarium network surges. NuggetRush continues to record significant success, as enthusiasts remain intrigued by its impressive utility. Investors looking to claim substantial returns from their investments are looking to the surging NUGX presale with high hopes.
