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NuggetRush’s P2E Revolution: A Threat to Decentraland and The Sandbox?

NuggetRush's P2E Revolution: A Threat to Decentraland and The Sandbox?
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TLDR

  • Decentraland’s (MANA) 2024 roadmap reveals plans to increase its player and creator count.
  • The Sandbox’s (SAND) market fortunes are changing despite its recent decline.
  • NuggetRush is approaching its February launch date as its token sale count exceeds 186 million.

Decentraland’s (MANA) roadmap for 2024 could significantly boost its gaming activity. The Sandbox (SAND) is also generating excitement after its mid-February recovery.

Still, NuggetRush (NUGX) is gaining more attention in the gaming industry as investors look forward to its official listing. First-round buyers of NUGX tokens have now raised an 80% ROI. Yet, can NUGX join the top DeFi projects? Let’s discuss.

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NuggetRush: Creating Gold Mines for Blockchain Gamers

NuggetRush’s (NUGX) ground-breaking play-to-earn concept is dominating crypto news. Blockchain gamers never had the opportunity to mine real gold in a play-to-earn network. NuggetRush’s (NUGX) mining game will offer investors a novel opportunity. 

The project also aims to become one of the most popular NFT networks with a market capitalization of $100 million.

Mining on NuggetRush (NUGX) features two main tasks: excavating and selling resources on its marketplace. For these two key aspects, you need the help of NFT characters in the game. NuggetRush gives out a diverse range of NFTs.

Characters like Maxwell StoneForge are perfect for leading the excavation side of your mining activities. Other characters are more efficient at refining and selling these resources. NuggetRush (NUGX) will give you game assets and rewards when you sell excavated resources on its marketplace. 

Furthermore, trading NFT assets among players is another lucrative income source on NuggetRush (NUGX). The game also offers gold-backed NFTs. Gamers who swap their RUSHGEMs will receive gold from the game’s marketplace.

NuggetRush commenced its blockchain ICO in 2023. However, its popularity has soared by early 2024. Over 186 million NUGX tokens are now in the hands of investors by round five of its presale. NUGX’s value is $0.018. It will pump by another 11.1% soon, which will usher in its exchange listing.

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Analysts Predict Higher Gaming Activity on Decentraland Following the Release of its 2024 Roadmap

On January 29, 2024, Decentraland (MANA) published its roadmap for the year. Features of Decentraland’s roadmap include a new, advanced computer client that will help actualize the network’s plans for an immersive virtual world. It will also be adaptable for mobile and virtual reality systems, thus boosting the gaming experience on Decentraland (MANA). 

The news could help push MANA above $0.60. MANA traded at $0.4632 on January 16. It fell by 5.9% to $0.4356 on February 1, two days after the release of Decentraland’s roadmap. MANA then rose by 11.8% to $0.4872 by February 17.

Other key upgrades expected on Decentraland (MANA) in 2024 include a plan to reduce barriers to entry for new players and creators. This would involve wider language support, diversified payment methods, and improved educational resources on Decentraland (MANA). Analysts say this would trigger an influx of game creators to Decentraland. MANA could then rise by 24.3% to $0.6056.

The Sandbox Recovers to the $0.50 Region

The Sandbox (SAND) has recovered by mid-February amid the current market recovery. Like many gaming altcoins, The Sandbox’s (SAND) performance in January had fallen after a bullish end to 2023. Its late 2023 rally was triggered by excitement around spot Bitcoin ETFs. 

Despite the SEC’s approval of such products in early January, The Sandbox (SAND) declined sharply. SAND traded at  $0.507 on January 17. It fell by 15.7% to $0.4271 on February 4. SAND rose by 10.5% to $0.472 on February 10 before rising by 7.2% to $0.5061 on February 17.

The Sandbox (SAND) could keep rising due to plans to boost its creator economy in 2024. The network has already announced self-publishing, allowing LAND owners to create and publish experiences on The Sandbox (SAND). This could further boost gaming activity on The Sandbox, pushing SAND’s value up by 20.4% to $0.6094.

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