TLDR
- Dogecoin’s (DOGE) whale activity has increased in December.
- Shiba Inu could jump due to growing network activity on Shibarium.
- NuggetRush (NUGX) has unveiled a mining game that could offer better rewards than most P2E games.
Shiba Inu (SHIB) is celebrating Shibarium’s new transaction count milestone. Dogecoin whales have moved a chunk of tokens, fueling expectations of a DOGE rally.
Yet, NuggetRush’s (NUGX) mining adventure game could be the next best cryptocurrency investment after its early buyers realized a 50% ROI. NUGX has outdone many new ICOs. Yet, will it be a better buy than SHIB and DOGE? Let’s discuss.
NuggetRush: Mining Adventure Records Impressive Presale Growth
NuggetRush (NUGX) is a play-to-earn game that encompasses adventure and strategic decision-making. It features a mineral-rich landscape that players must conquer to become successful artisanal miners. The game thrusts players into vast lands, empowering them with mining equipment and professional miner NFT characters.
NuggetRush challenges players to set up valuable mining operations and build wealth by selling excavated mineral resources. It allows players to go on solo missions or participate in group challenges. Beginner players can leverage group challenges to boost their mining experience and efficiency.
To rise to the top of NuggetRush (NUGX), players must continually explore new lands, set up resource-digging sites, and sell mineral resources. They must also flex their thinking skills by strategically investing in efficient machinery and the most skilled NFT characters.
Aside from NFTs that are given out by NuggetRush (NUGX), the platform also contains a comprehensive marketplace where players can purchase desired assets. Players can also earn money from liquidating their game collectibles.
NuggetRush’s (NUGX) presale numbers have exceeded expectations. The project has sold over 119 million tokens, raising a revenue of $1.3 million. NUGX has also recorded a sharp 50% increase from its initial value of $0.01. The project is now in round four of its presale, with NUGX trading at $0.015. By round five, NUGX’s value would jump to $0.018, growing by 20%.
Dogecoin Whale Moves $90 Million Worth of Tokens Amid Speculations of a Rally
Dogecoin (DOGE) holders have been in a frenzy over a recent mega whale transaction on its network. Data from WhaleAlert showed the movement of one billion DOGE tokens, valued at $90 million.
The mega transactions come amid speculations of a Dogecoin rally after its recent bullish performance. DOGE traded at $0.06793 on November 2. By December 2, DOGE jumped by 23.4% to $0.08386. DOGE remained bullish, rising by 8.9% to $0.09136 by December 26.
Dogecoin’s November bull run followed increased trading activity in the crypto market spurred by demand for spot cryptocurrency ETFs. The ensuing bullishness led to a $5 billion increase in Dogecoin’s (DOGE) market capitalization since mid-October.
The SEC could approve spot crypto ETFs from BlackRock and GrayScale in Q1 2024. This would boost demand for top altcoins like Dogecoin. Analysts say Dogecoin’s DOGE token could rise by 32.7% to $0.12126 if the market bullishness remains.
Shiba Inu Soars Following Shibarium’s 100 Million Transaction Milestone
Shiba Inu’s (SHIB) community is in high spirits following the growing adoption of its Shibarium network. On December 13, 2023, Shiba Inu announced that Shibarium had processed 100 million transactions. Daily active accounts on Shibarium have also risen significantly. The news helped Shiba Inu (SHIB) capitalize on the current bullish sentiments in the crypto market.
SHIB traded at $0.000007954 on November 1. By December 2, SHIB had risen by 7.2% to $0.00000853 amid growing network activity on Shibarium. SHB then jumped by 24.0% to $0.00001058 by December 26.
Shiba Inu (SHIB) hopes to increase its bullish momentum by reducing its token supply. The network’s team has hinted at automating future token burns. This could boost demand for Shiba Inu (SHIB), thus increasing SHIB’s value by 37.8% to $0.00001458. If Shiba Inu (SHIB) keeps rising, it could be one of the top crypto coins of 2024.
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