TLDR
- Ethereum (ETH) has declined in line with the market-wide price fall.
- Ronin’s (RON) bullish rise has also shocked investors.
- NuggetRush‘s (NUGX) mining game will offer unique access to NFT staking and gold rewards.
Ethereum (ETH) has fallen below the $4,000 zone after a recent price correction. In contrast, Ronin’s (RON) value has surged alongside its active network addresses.
Yet, NuggetRush (NUGX) is the crypto project investors are turning to. NuggetRush features a mining game with access to real gold rewards. Yet, can NUGX rise to become one of the top crypto coins? Let’s discuss.
Ethereum Drops Despite Excitement Around its New Blobs Feature
Ethereum (ETH) has recorded a sharp decline despite rising to $4,000 in March. Top altcoins like Ethereum jumped alongside the crypto market in the recent rally. Yet, by mid-March, Ethereum’s (ETH) growth momentum had declined significantly despite the ongoing excitement around its recently released blob features.
As of February 8, ETH traded at $2,419. It jumped by 22.7% to $2,970 on February 21. ETH remained bullish, rising by 36.9% to $4,066 by March 11. However, it fell by 13.3% to $3,522 on March 16.
Ethereum’s (ETH) Dencun upgrades will reduce costs for rollups and layer-2 networks by offering a new type of storage solution called blobs. Analysts say the move will massively boost DeFi activity on Ethereum (ETH). Furthermore, it could help draw developers from other top DeFi projects to Ethereum (ETH). This could push ETH’s value up by 20.5% to $4,245.
Ronin Soars Amid Rising Network Activity
Ronin (RON) has become one of the most in-demand altcoins in March after a recent increase. The bull run of early March had increased demand for Ronin’s (RON) services, pushing its active network addresses to around one million.
Ronin (RON) also reached an all-time high (ATH), briefly jumping to the $4 region. As of February 11, RON traded at $2.6937. It jumped by 12.8% to $3.0408 on February 26. RON fell by 13.0% to $2.6431 on March 5. It then jumped by 61.5% to $4.2693 on March 14.
Analysts expect Ronin’s (RON) pump to continue due to its rising network activity. On March 15, Ronin announced that its total number of staking delegators had exceeded 100,000. Analysts expect this number to rise due to the popularity of gaming networks on Ronin (RON). This could push RON’s value up by 19.4% to $5.0994.
NuggetRush Reaches Final Weeks of its Presale with a 90% Value Surge
NuggetRush (NUGX) is a standout GameFi project that blends the opportunity for valuable NFT rewards with unique mining challenges. The project is an Ethereum-based ecosystem offering special GameFi rewards for membership and active participation in its mining adventures. Although NuggetRush (NUGX) is built around mining, its game challenges are designed to attract beginner and expert gamers.
NuggetRush’s (NUGX) adventures range from exploring vast lands looking for mineral-dense areas to skillfully trading machinery and workers. This will help gamers build an effective mining operation. Each of these challenges comes with high-value NFT rewards. Furthermore, gamers get to collaborate with others while getting higher mining efficiency and more NFT prizes.
NuggetRush (NUGX) is a community. The project has set out rewards for active participation in its events. It also offers an exclusive VIP membership, which will reward players with perks like discounts on merchandise. All NuggetRush (NUGX) gamers are eligible for NFT staking, which pays up to 20% APY.
NuggetRush’s fame continued to soar as its presale moved through various levels. It is currently in the launchpad round, gearing up for an official launch. One NUGX token sells at $0.019. However, the token will be launched on DEXs when its value rises to $0.020. Such growth could make NUGX the best cryptocurrency investment of 2024.