TLDR
- Pepe’s momentum has slowed following Bitcoin’s recent drop.
- Aptos (APT) has fallen below double digits as the market-wide price tumble worsens.
- NuggetRush (NUGX) has impressed the gaming market with a 100% value surge in its presale.
Pepe’s network expansion could help spur a recovery from its mid-April drop. Aptos (APT) has announced a new partnership that will increase access to AI technology.
NuggetRush’s (NUGX) continued ascent in the gaming industry has stunned many analysts. Its presale has raised over $3.8 million as more investors troop to its ecosystem. Yet, can NUGX outperform top crypto coins like APT and PEPE? Let’s discuss.
Investors Pin their Belief in NuggetRush on its Recent 100% Surge
Many investors are confident that NuggetRush (NUGX) will remain one of the most bullish altcoins in 2024. NuggetRush hit the market with a unique mining game built with blockchain technology. The platform offers players a one-of-a-kind opportunity to collect NFTs and gold prizes for partaking in unique mining adventures.
NuggetRush (NUGX) allows players to explore mineral-rich lands using artisanal mining techniques to accumulate rewards. It challenges players to think critically and manage scarce resources while trying to beat others to the top of its mining leaderboard. Some of NuggetRush’s (NUGX) gaming challenges include recruiting workers and purchasing machinery.
Players will buy NFT characters and mining equipment from the game’s marketplace with available game funds. These assets will ease the excavation and trade of mineral resources on the game’s high-quality marketplace. NuggetRush (NUGX) also requires dexterity from players when it comes to expanding your mining operations.
While the game’s reward potential is high, gamers can accrue more rewards from a larger mining operation. This allows players to excavate more resources while enjoying more rewards from the game. Players can earn money from trading their NuggetRush (NUGX) collectibles. They can also stake NFT assets, earning a fixed APY return depending on the chosen lockup duration.
NuggetRush’s blockchain ICO is over after stealing the spotlight from many gaming tokens. It sold over 270 million presale tokens, generating a revenue of $3.8 million. At the end of its presale, NUGX jumped to $0.020, growing by 100% from its first value.
Pepe Falls in Mid-April Despite Excitement Around its Network Expansion
Pepe’s fall in the third week of April has disappointed many investors in the digital asset community. Top meme coins like Pepe had caught the attention of many investors as the market rallied following Bitcoin’s surge. However, PEPE fell, alongside several cryptocurrencies, as Bitcoin recorded a sharp price correction in mid-April.
PEPE traded at $0.000009975 on March 14. It dropped by 23.43% to $0.000007637 on March 27. PEPE’s bearishness worsened, pushing its price down by 11.30% to $0.000006774 on April 6 before another 19.75% decline to $0.000005436 on April 14.
Pepe had grown considerably in March, welcoming 23,000 new users in the first three weeks. Analysts expect its network activity to increase due to rising demand for PEPE tokens. Coinbase International will list PEPE Futures on April 18. Analysts say these positive developments in PEPE’s ecosystem could push its value up by 47.09% to $0.000007996.
Aptos’ Partnership with io.net Could Spur a Recovery
Aptos (APT) has fallen below double digits in April 2024 as the market reels from Bitcoin’s sharp drop. Following increased demand for top altcoins, Aptos soared to $18.00 in March. Onchain reports also show that Aptos’ (APT) market capitalization grew to $7.18 billion in the same time frame.
However, Bitcoin’s sharp fall in April affected Aptos’ (APT) growth momentum. APT traded at $15.08 on March 15. It surged by 20.02% to $18.10 on March 26. APT fell by 24.69%, reaching $13.63 on April 7. Its decline worsened, causing a 35.55% drop to $8.7795 on April 13.
On April 9, 2024, Aptos (APT) announced a partnership with io.net. Both companies will collaborate on enhancing access to scalable GPU resources. This will help Aptos’ bid to boost AI and Machine learning capabilities. Analysts say these factors could increase demand for Aptos. It could also push its APT token up by 69.48% to $14.88.
