NuggetRush, Aptos, and Fantom make notable strides
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NuggetRush (NUGX) captures the GameFi sector with its engaging play-to-earn model, while Aptos (APT) sees a surge in trading volume, up 129%, thanks to its partnership with Movement Labs; meanwhile, Fantom (FTM) hits a 2-year peak.
Three tokens, NuggetRush (NUGX), Aptos (APT), and Fantom (FTM), stand out in the crypto space for their unique approaches and growth. Here, we will explore their key features, market dynamics, and potential for future growth.Â
NuggetRush adds steam to GameFi
NuggetRush entered the cryptocurrency space with a presale that has gained massive popularity among investors. It proves that new GameFi projects can use blockchain technology in an interesting way.Â
Interestingly, NuggetRush’s play-to-earn (P2E) game unleashes an impact gaming model that sends participants into a virtual world where they earn tangible money by playing.
Players can customize their in-game characters to become some of the trendiest NFTs to invest in. These NuggetRush characters can mine many locations for precious minerals and gemstones that can be exchanged for real money.
NuggetRush’s approach, where participants receive various incentives to engage with the platform, has attracted global investors. Since the beginning of the presale, NUGX has seen increased demand, selling over 242 million tokens and raising over $3 million.
Interestingly, NuggetRush’s results are not only from the presale. Its NFT marketplace linked with the game has attracted many Web3 enthusiasts, making NUGX a leading crypto investment.
Additionally, NuggetRush gamers aiming to boost their earnings can buy the rare RUSHGEMS NFTs and sell them in the market for real gold. These in-game items can be staked for 20% APY, making them the leading NFTs to invest in.
NuggetRush is in the Launchpad round, trading at $0.019. At the end of the round, the token will rise to its listing price of $0.020. The project has sold over 242 million NUGX tokens and raised over $3 million.
Aptos partners with Movement Labs
Aptos’ Foundation confirmed the collaboration with Movement Labs to incorporate Aptos’ Data Availability Layer with the Move Stack. The partnership strives to offer smooth interaction between Aptos and Ethereum-based applications, networks, and infrastructures built on Movement.
On March 15, 2024, Aptos trading volume increased by 129%, highlighting increased investor interest after the collaboration announcement. APT’s circulation supply sat at over 394.59 million on the day. The altcoin price is expected to surge with such fundamentals.
Interestingly, Aptos recorded a surge in value on March 18, moments after it surpassed a key resistance zone, increasing hopes among investors for a possible surge to $20.00. While Aptos bulls praise the coin for its remarkable security features, such as Aptos l1 blockchain and AptosBFT PoS consensus mechanism, some experts are worried about its short-term performance in the market.
On March 21, Aptos was trading at $15.41, up 18.48% in the past week. Analysts say APT will rise to $16.55 by the end of March, supported by developments on its network. Hence, APT is a good crypto to buy now.
Fantom soars to two-year high amid market turbulence
Fantom emerged as a notable performer, displaying significant resilience and strengthening its position as one of the top altcoins in the sector. In the past week, Bitcoin (BTC) has been dropping, sending shockwaves in the entire market and causing massive losses among the major altcoins.
Initially, Fantom also dropped, but it has weathered the storm to rise again. On March 20, 2024, Fantom hit a remarkable 2-year high of $1.08, representing a massive 120% growth in the past month.
A major indicator of Fantom’s strength is the massive surge in open interest. Since late January, open interest in Fantom has increased from $63.5 million to $267 million, a spike of nearly 320.47%. The surge suggests a massive boost in investor confidence and a growing interest.
The main reason for the FTM price surge is that Andre Cronje, co-founder of Fantom Blockchain, reappeared on social media, promoted the project, and commented on its achievements. The move enhanced investors’ confidence, enabling the coin to rise significantly.
On March 21, Fantom was valued at $1.14, up 25.32 in the past month. Experts believe Fantom will rise to $1.25 by the end of March, riding on increased buying pressure.
To learn more about NuggetRush, visit the NuggetRush presale website.Â
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