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TLDR
- Dogwifhat (WIF) has fallen slightly in early April.
- Growing DeFi activity on Floki could help boost its performance.
- NuggetRush (NUGX) could overrun many gaming tokens in 2024.
Dogwifhat (WIF) has dropped slightly despite being one of the bullish altcoins. Floki’s recent listing on M2 could improve its market performance.
NuggetRush (NUGX) just rounded up its famous presale, selling over 279 million tokens to investors. The project also raised 100% value. Yet, can NUGX become one of the top altcoins in the gaming industry? Let’s discuss.
NuggetRush Spearheads a Demand Surge in the Gaming Industry, Raising 100% Value for Early Investors
NuggetRush (NUGX) has fulfilled the wishes of gaming investors looking for a unique project with spectacular growth numbers. The gaming community was introduced to NuggetRush for its unique mining adventures.
Unlike many P2E projects, NuggetRush (NUGX) blends ecology, gaming, and finance. The project requires shrewd application of mining techniques in exchange for unearthing high-value mineral resources.
NuggetRush (NUGX) allows gamers to participate in a thriving mining economy where they sell valuable resources on an active 3D marketplace. A gamer’s role is to become a mining entrepreneur, establishing multiple resource extraction operations. Gamers will recruit workers from the NuggetRush’s collection of NFT characters.
Collecting mining workers is a task that determines the efficiency of a gamer’s mining operations. NuggetRush’s (NUGX) gaming adventures also come with partnership and collaboration opportunities. Gamers can join mining guilds, participating in tasks together. In return, they enjoy high-value mining rewards like NFTs, in-game funds, and mining efficiency increases.
Gamers who don’t want to sell their collectibles can explore NFT staking on the game. NuggetRush (NUGX) pays up to 20% APY depending on NFT staking duration. Its presale has officially ended after selling over 270 million presale tokens and raising over $3.75 million.
Early investors have also reaped 100% interest as NUGX grew from its first price of $0.010 to $0.020. Analysts expect NuggetRush (NUGX) to outperform top DeFi projects in the gaming industry.
Dogwifhat Remains Bullish
Dogwifhat (WIF) has fallen slightly in the first week of April despite being one of the fastest-growing meme coins. The rising demand for cryptocurrencies made Dogwifhat one of the top meme coins of 2024. By late March, Dogwifhat (WIF) soared to $4.55.
Onchain reports also show that Dogwifhat’s (WIF) market capitalization grew to $4.77 billion. WIF traded at $2.1054 on March 11. It jumped by 33.95% to $2.8203 on March 24. WIF soared by 62.69% to $4.5886 on March 31 before falling by 17.91% to $3.7664 on April 7.
Dogwifhat’s (WIF) surge could continue as long as the meme coin boom lasts. Furthermore, Dogwifhat has partnered with Miss Rose, one of the telegram bots that has access to millions of users. Analysts say this would further boost Dogwifhat’s popularity, pushing WIF’s price up by 27.08% to $4.7864.
Floki Recovers from its Early April Decline
Floki, one of the top crypto coins in the digital asset industry, had lost its growth momentum. Following rising activity on Floki’s DeFi locker, demand for its services soared. This caused a corresponding value jump in Floki’s price.
However, Floki’s momentum dropped, causing an $800 million decrease in its market capitalization since mid-March. FLOKI traded at $0.0002963 on March 11. It fell by 14.98% to $0.0002519 on March 28 before declining by 20.96% to $0.0001991 on April 3. FLOKI then recovered by 3.21% to $0.0002055 on April 7.
Floki’s network activity keeps rising despite its price downturn. On-chain reports show that Floki’s DeFi locker now supports 15 blockchains. Furthermore, Floki has been listed on M2, a regulated trading platform for retail and institutional investors. Analysts say Floki’s rising DeFi activity will boost its market demand. This could further push FLOKI’s value up by 55.91% to $0.0003204.
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