TLDR:
- Solana’s price has crossed the $150 mark as the number of new addresses crossed 691,000.
- Dogecoin trading volume and market cap have more than doubled in the past month.
- NuggetRush’s upcoming mining game has raised $2.9M in funding.
The price of Solana has crossed the $150 mark, and more than 691,000 new addresses have been added to the network, adding to its growing bullish sentiments. Furthermore, there has been a noticeable increase in Dogecoin’s market value and trade volume.
In other exciting news, $2.9 million has been successfully raised for the launch of the upcoming immersive mining game NuggetRush. This indicates strong investor interest, making the best DeFi project to join.
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The NuggetRush (NUGX) Game Offers Lucrative Earning Opportunities
NuggetRush (NUGX) is one of the new DeFi projects that aims to merge play-to-earn gaming with meme culture, offering players financial independence and lucrative opportunities. In this virtual mining adventure, users search for gold and valuable minerals.
Interestingly, these minerals can be converted into real-world currency. Besides, the game supports community involvement through competitions and plans to add some popular NFTs and a marketplace for trading in-game items.
At a price of $0.019 following a 90% price jump, the NUGX token opens up the game’s features. Thus, it is the best crypto investment. In addition, the project has placed over 225 million tokens and gathered $2.9 million, signaling great interest from investors.
As a result, NuggetRush is praised as a top ICO that could give investors high ROIs of up to 50x in the coming months. This prediction is backed by the launch of the very exciting game, which is expected in the coming weeks.
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Solana (SOL) New Addresses Count Surges
Solana (SOL), the Ethereum killer, showed extraordinary price movement in a week. It showed a 15.5% price pump as it moved from a weekly low of $117.52 to a high of $154.37.
Should this bullish trend continue and Solana sustain its level above $150, there is a possibility for the altcoin price to move toward the $200 level. However, this rally in price comes as new addresses on the Solana network hit an all-time high.
The data distributed by The Block’s Data Dashboard shows Solana’s 7-day moving average of new addresses per day, has surpassed the count of 691,000. This spike in adoption is an indication of a high level of user engagement with the network.
Dogecoin (DOGE) Trading Volume, Market Cap, Price Surges
Dogecoin (DOGE), the cryptocurrency which began as a joke, saw a large increase in trading volume in February. According to AltIndex, Dogecoin’s trading volume for February exceeded $100 billion as it rose above other Solana meme coins.
Also, Dogecoin managed to double its market cap in just one month and raised from $11.3 billion to $24.4 billion. In the same vein, the meme coin’s price surged by 106.5% in the last thirty days, rising from $0.07957 as its minimum for the month to $0.2054 as its peak.
However, DOGE is at a distance of 76.76% to its ATH of $0.7376 in May 2021. However, the technical indicators of Dogecoin are still bullish sentiment-wise. Therefore, analysts are optimistic about an ongoing upward price increment up to $0.742869 and the highly anticipated $1.00 mark.
Final Thoughts
The developments concerning Dogecoin, NuggetRush, and Solana are evidence that these altcoins are appealing to investors. This makes them the best cryptos to invest in since the increased activity paves the way for the potential price surge in this bull cycle.
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