Outside Source
- Fantom (FTM) has caught market-wide attention as its Sonic upgrade will soon go live.
- Analysts now debate the possible effects on FTM.
- NuggetRush’s (NUGX) presale performance has given investors a peek at its growth potential.
Fantom’s Sonic upgrade will soon go live, bringing major changes designed to boost its network performance.
NuggetRush (NUGX) has joined the list of top meme coins in the gaming industry after its stellar presale numbers. The project has also raised over $3.3 million in token sale revenue. Yet, can NUGX become one of the best DeFi projects? Keep reading.
Fantom prepares for the official launch of its Sonic upgrade
Investors are jubilant over Fantom’s recent price surge as it became one of the best-performing bullish altcoins. Data from CoinMarketCap show that Fantom’s market capitalization has surged by $1.9 billion since the first week of 2024.
Fantom (FTM) had also crossed the $1.00 range in late March. FTM traded at $0.4343 on February 26. It jumped by 94.4% to $0.8445 on March 7. FTM fell slightly by 5.8% to $0.7953 on March 16 before surging by 30.5% to $1.0385 on March 23.
Fantom’s (FTM) surge is due to excitement around its Sonic upgrades. Details about the upgrade show that Fantom will get improved EVM efficiency. It could also boost DeFi activity on Fantom, pushing FTM’s value up by 38.5% to $1.4385. This could make it one of the best cryptocurrency investments.
NuggetRush remains one of the most in-demand gaming tokens
Blockchain gaming has generated high interest in 2024, causing a shift in investor behaviour. After predictions of surging GameFi activity, investors have flocked to presale tokens like NuggetRush. Built on Ethereum, NuggetRush (NUGX) is a collection of exciting challenges that revolve around building a business from artisanal mining.
NuggetRush (NUGX) recreates the thrill of artisanal mining, providing an ecosystem where gamers can amass gold rewards while building high-value business operations. Each gamer must rise from a novice to a mining entrepreneur with viable resource excavation sites.
In return, they get raw mineral resources that can be refined and traded on the game’s marketplace. How efficient you are at mining depends on a few factors, which include your equipment and workforce.
Thankfully, opportunities to boost your mining operations exist throughout NuggetRush’s (NUGX) landscape. You can purchase better equipment or choose to upgrade your old inventory. Whatever you choose, having upgraded or improved NFT assets will directly boost your mining efficiency and reward eligibility.
Extra rewards on NuggetRush (NUGX) translate to higher earning potential. This allows gamers to sell or stake more NFT collectibles. Staking, in particular, pays an interest rate of up to 20% APY, depending on how long you hold your NFTs.
Such benefits have attracted many eyes to NuggetRush (NUGX), leading to the sale of 248 million tokens in its presale. NUGX’s value has also jumped to $0.019 as its token sale revenue exceeds $3.3 million. It could remain bullish long after its official launch, which will follow its value increase to $0.020. This could make NUGX one of the best gaming tokens right now.
To keep updated ahead of the NuggetRush launch, visit the NuggetRush Presale Website.
This article first appeared at CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison
