TLDR
- Polygon (MATIC) remains bullish as Bitcoin hits $73,000.
- Fantom (FTM) will get increased staking activity in 2024 due to a recent update.
- NuggetRush (NUGX) prepares to launch a community-owned mining game.
The excitement around a newly launched aggregated layer on Polygon (MATIC) could boost its performance. Fantom has also soared after changing its staking requirements.
NuggetRush (NUGX) is pushing the boundaries of what was considered possible in the gaming niche. Its unique offer of gold rewards has drawn many investors. Yet, can NUGX become one of the best cryptocurrency projects in the gaming sector? Let’s discuss.
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NuggetRush Records Outstanding Performance in its Presale
NuggetRush (NUGX) is a gaming network that is now showing blue-chip potential. Investors and gamers have fallen in love with the project due to its mining adventure game. On NuggetRush (NUGX), gamers can earn valuable rewards for picking up the artisanal mining business. The game offers the full experience of professional artisanal mining.
Players get to find mineral-rich areas, purchase machinery, recruit workers, and establish their mining business. You get money from the trade of high-value game assets from your mining operations. These assets include excavated resources, mining equipment, workers, and rare gems.
The game’s marketplace also allows players to reinvest in expanding their resource-digging operations. Expanding your mining operation gets you more rewards. A way to expand your operations is to leverage the skills and expertise of other players.
Joining a group or partnership with experienced gamers helps you with valuable insights to boost your mining operations. In return, you get more NuggetRush (NUGX) NFTs and game rewards. You can sell these game rewards or earn a fixed interest from staking them.
NuggetRush continues to grow in popularity, selling over 226 million NUGX tokens to investors. The project has also raised over $3 million in its presale. NUGX’s value now stands at $0.019 after its recent 5.5% value pump from its round five price of $0.018. Yet, the project’s official launch will take place after NUGX’s price jumps to $0.020.
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Polygon Bulls Eye the $2 Mark as Excitement around its Aggregate Layer Remains High
Polygon (MATIC) holders are jubilant over its recent surge over the $1.00 mark in February. Several top altcoins have been on a bullish ascent since the start of the year. Their momentum declined in late January.
However, Polygon (MATIC) and several altcoins recovered in February. The release of Polygon’s (MATIC) aggregated layer increased its bullish momentum.
MATIC traded at $0.8058 on February 6. Three weeks later, MATIC jumped by 27.6% to $1.0286 on February 27. It grew by 8.6% to $1.1172 on March 6 before closing at $1.2438 after an 11.3% increase on March 11.
Built using zk-proofs, Polygon’s (MATIC) aggregated layer will boost interoperability, allowing seamless connections to layer-1 and layer-2 blockchains.
Furthermore, it would boost Polygon’s DeFi services due to the liquidity it can get from connected blockchains. Analysts say Polygon’s Aggregated layer will make it one of the top DeFi projects. This could push Polygon’s MATIC token up by 25.3% to $1.5597.
Fantom Grows By 100% Since Early February
Fantom (FTM) holders are celebrating its recent price surge that has coincided with Bitcoin’s new all-time high (ATH). Reports from CoinmarketCap also show a $1.2 billion market capitalization increase on Fantom since early February.
Fantom’s (FTM) rally was boosted by recent staking upgrades made on the network. As of February 4, FTM traded at $0.3484. It jumped by 15.6% to $0.4028 on February 22. FTM grew by another 34.2% to $0.5406 on March 3. It then leaped by 51.9% to $0.8215 on March 11.
Fantom (FTM) has moved to increase its staking activity. In January 2024, Fantom (FTM) announced the reduction in staking requirements on the network. The number of Fantom (FTM) tokens needed for staking was reduced from 500,000 to 50,000.
Analysts say this sharp reduction will increase DeFfi activity on Fantom (FTM). It could also push FTM up by 24.6% to $1.0244.
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