Shiba Inu and The Sandbox face competition from up-and-coming rival 

• On Nov. 19, 2023, Shiba Inu unveiled “Donate” on Shibarium, allowing user support for non-profit validators. Community figure Ragnar Shib lauded the update, stressing validators’ crucial role in network security.
• Crypto whales aggressively bought The Sandbox (SAND) after its partnership with Gucci on Nov. 8, 2023. On-chain data reveals a price rally driven by strategic whales, acquiring 30 million SAND from Nov. 11 to 16.
• NuggetRush (NUGX) offers a play-to-earn (P2E) game set in virtual lands rich with minerals. The game rewards players with RUSHGEMs, exchangeable for physical gold. It also allows the collection and trading of non-fungible tokens (NFTs) on its marketplace.

Shibarium recently unveiled the “Donate” feature to encourage community involvement. Meanwhile, a strategic alliance between The Sandbox and luxury brand Gucci on Nov. 8 drove buying activity among SAND whales. Amid this, NuggetRush (NUGX), driven by its innovative Play-to-Earn (P2E) gameplay, is now under investors’ focus. 

Shiba Inu introduces the “Donate” feature on Shibarium 

On Nov. 19, 2023, Shibarium introduced the “Donate” feature, encouraging community participation and providing direct assistance to network validators.

This development enables Shiba Inu users to financially support non-profit validators crucial for maintaining Shibarium’s efficiency and security.

In a statement on X, respected Shiba Inu community member Ragnar Shib commended this update, emphasizing its significance. 

According to the official Shibarium statement, the “Donate” feature acknowledges the pivotal role played by non-profit validators in ensuring the efficacy and security of the Shiba Inu network, allowing the user community to support these organizations directly.

Presently, there is a spike in the SHIB burning rate on Shiba Inu, a strategic move to reduce supply and potentially impact the price positively. 

However, on Nov. 19, SHIB’s price showed no changes related to the burn rate increase.

As of Nov. 20, 2023, Shiba Inu is trading at $0.000008694. 

Analysts predict SHIB to reach $0.000008935 by the end of 2023, supported by network developments.

NuggetRush offers P2E gameplay, NFTs, and community governance

NuggetRush is a play-to-earn (P2E) game centered around virtual land abundant with minerals. Players commence with a small plot and strive to extract concealed gold.

The platform rewards players through various avenues, including ranked play, quests, and tournaments. Additionally, it introduces RUSHGEMs, which can be traded for physical gold.

In addition to gaming, users can amass trending NFTs within the NuggetRush marketplace. This platform provides an opportunity to assess the value of assets, with RUSHGEM NFTs being the game’s essential items.

Noteworthy is NuggetRush’s (NUGX) zero-tax policy on all transactions, mitigating common obstacles associated with in-game trading. This approach alleviates the burden of high fees for users buying or selling using NUGX.

At the heart of NuggetRush’s ecosystem lies its community governance network. The Rush Guild delivers engaging gameplay and empowers players to have a say. This democratic strategy ensures that the game evolves to the preferences and insights of its dedicated gamers.

The protocol has also been audited by SolidProof, confirming its legitimacy.

NuggetRush has sold over 46.75 million NUGX tokens in the second round of its presale, raising more than $400,000. 

Currently valued at $0.012, NUGX will rise to $0.013 in the upcoming third round of its presale.

By the end of the presale rounds, supporters expect the token to reach $0.020.

Gucci partners with The Sandbox

Crypto whales intensified their acquisition of SAND following the confirmation of The Sandbox’s partnership with Gucci on November 8, 2023. 

This collaboration allows The Sandbox gamers to explore Gucci’s decades-long luxury fashion history and iconic designs through an immersive interactive experience.

On-chain data shows a surge in SAND’s price after the announcement, attributed to strategic moves by several crypto whales. 

Between Nov. 11 and Nov. 16, The Sandbox whales amassed 30 million SAND. This aggressive buying elevated the whales’ total balance from 749 million to 779.30 million SAND within a week of the Gucci partnership.

The newly acquired 80 million SAND is worth approximately $13.2 million. This heightened whale buying activity has exerted upward pressure on SAND prices.

Notably, the timing of this purchasing trend affirms that the partnership has instilled greater confidence among investors in The Sandbox’s price outlook. 

As retail traders follow suit, it is anticipated to push the SAND price to $0.50.

As of Nov. 20, SAND is trading at $0.42. However, analysts project SAND to reach $0.48 by the end of 2023, supported by whale activity on its network.

Visit the NuggetRush presale website