- Manta Network is on a rally following its recent exchange listing.
- Its token has been rising, leading to speculations that it could reach $4.
- NuggetRush’s (NUGX) NFT gaming opportunities to win gold are now open to all.
After a trouble-filled token listing, the Manta network has gotten off to a fine start. Analysts now wonder if the market recovery will affect MANTA’s performance.
NuggetRush (NUGX) also faces increased investor interest after it sold nearly 167 million tokens and raised over $2 million. The project features several P2E NFT gaming benefits. Yet, can NUGX join the list of best DeFi projects in the gaming niche? Let’s find out.
Competition in the Video Gaming Industry Heats up with NuggetRush’s Upcoming Launch
The P2E blockchain gaming industry is rapidly growing. Market experts predicted a 17.93% increase of its global market value, growing to $8,856.95 million by 2028. NuggetRush (NUGX) is shaping up to disrupt the industry with the introduction of its unique play-to-earn mining game.
In terms of gameplay, NuggetRush (NUGX) offers an immersive gaming experience that transports players into a virtual world. Here, they utilize real-world mining skills along with their critical thinking, decision-making, and resource management skills. This helps them challenge other miners in the game.
Players start with basic machinery and NFT characters as they carry out mining operations. Successful players will receive better equipment and NFT characters, thus boosting their chances of winning financial rewards. NuggetRush (NUGX) also enables players to collaborate on quests, which allows for a richer gaming experience and provides additional means of earning extra income through group rewards.
The game hosts an NFT marketplace where players can sell their rewards for low to high value, depending on their rarity. In addition to the financial opportunity collecting in-game rewards presents, gamers can also receive 20% APY as rewards for staking their NuggetRush NFTs.
NuggetRush (NUGX) is now in round five of its presale after growing by 80% from $0.010 to $0.018. Investors acquired nearly 167 million NUGX tokens in its blockchain ICO. NUGX is preparing to be listed, and investors expect an 11.1% increase to $0.020. Many investors are convinced that NuggetRush (NUGX) will become one of the top DeFi projects.
Manta Rises to $3.50 Despite Hiccups Around Token Listing
Manta Network is now on a bull run since its billion-dollar token listing. Despite high anticipation, Manta’s token listing faced multiple issues. Manta suffered a DDOS attack that paralyzed the network temporarily. Furthermore, the transfer of 2 million MANTA tokens also caused a controversy.
However, Manta’s performance since its launch has impressed investors. MANTA traded at $2.1529 on January 18, shortly after its formal launch. Nine days later, MANTA had risen by 67.4% to $3.6048 by January 27.
Manta could rise to $4.00 if demand for altcoins remains high. Furthermore, analysts say its trading activity will increase in the coming months following the expected jump in trading activity in the crypto market. This could significantly boost demand for Manta’s network services, thus pushing its token up by 25.8% to $4.5380.