What you'll learn 👉
TLDR
- NuggetRush (NUGX) is a cryptocurrency and gaming project combining play-to-earn, meme culture, GameFi, and Impact Gaming. It offers a P2E gaming platform with in-game rewards, particularly benefiting artisanal miners in developing countries.
- Arbitrum (ARB), a scalability solution for Ethereum, faced a notable price correction, leading to a drop in its token value. Concerns arise as over 1.11 billion ARB tokens, worth $1.24 billion, are set to be unlocked on March 16, 2024, initiating a phased unlocking process over four years.
- Shiba Inu (SHIB) has experienced a surge in burn rate, reaching a high of 8,511.59%, with 86,115,940 SHIB burned on February 21, 2024. The continuous growth in tokens sent to dead wallets is seen as a positive indicator of SHIB’s potential growth or rebound.
NuggetRush (NUGX) is a revolutionary project making waves by seamlessly integrating cryptocurrency and gaming. Arbitrum (ARB) has recently undergone a significant price correction, attracting attention as it positions itself as a scalability solution for the Ethereum blockchain. Yet, Shiba Inu (SHIB) takes the stage with a remarkable surge in burn rate, reaching a staggering 8,511.59%. Here is why NuggetRush is shaking the market and outshining Arbitrum and Shiba Inu.
NuggetRush (NUGX): Transforming Crypto and Gaming with P2E, NFTs, and Social Impact
NuggetRush (NUGX) is making a huge name for itself using a unique strategy of investing in cryptocurrency and gaming. Interestingly, NuggetRush (NUGX) stands out in the crypto space for blending of play-to-earn (P2E), meme culture, GameFi, and Impact Gaming.
Its forthcoming P2E gaming platform will deliver an immersive gaming experience to gamers. Apart from the gameplay, players receive tangible in-game rewards while participating in the gold-mining NuggetRush (NUGX) game.
Additionally, NuggetRush (NUGX) has a significant impact since some rewards and in-game purchases are offered to artisanal miners in developing countries. Thus, it will operate as an NFT gaming platform supporting worthy causes.
NuggetRush consists of challenges, battles, tournaments, and ranked play, which enable players to earn in-game rewards. Participants use NUGX and cool NFT characters to complete various mining tasks.
After every task is completed, NuggetRush (NUGX) rewards players with various collectibles. Furthermore, NuggetRush (NUGX) gamers collaborate to complete mining tasks and increase their chances of receiving more valuable in-game rewards.
The blockchain ICO is in round 5 of the presale, with each NUGX token trading at $0.018. The project has the potential to become a market shaker due to its expected massive growth potential once it lists on mainstream exchanges at $0.020, an 11.11% ROI for current investors.
NuggetRush has sold over 190 million tokens and raised over $2.3 million. With its massive growth potential and growing demand from the market, NUGX has become the best new crypto to invest in today.
Arbitrum (ARB): Navigating Challenges Amidst Price Correction and Unlocking Event Concerns
Arbitrum (ARB), the crypto network designed as a scalability solution for the Ethereum blockchain, recently experienced a significant price correction, causing a drop in its token. As February ends, attention has shifted to the possible downside price action expected in March as lots of Arbitrum (ARB) tokens will unlock.
Based on a recent announcement on X, over 1.11 billion Arbitrum (ARB) tokens, worth $1.24 billion, are expected to be released on March 16, 2024. The unlocking event highlights the start of a four-year phased unlocking process, slowly releasing a certain number of Arbitrum (ARB) tokens every four weeks up to 2027.
The total number of tokens in circulation for Arbitrum (ARB) currently stands at 1.275 billion, which means this unlock will release 87% of the circulating supply, almost quadrupling it to 2.375 billion tokens. These massive token unlocks act as bearish catalysts for token prices, and Arbitrum (ARB) seems to follow the same trend.
On February 22, 2024, Arbitrum (ARB) was trading at $1.89, down 10.53% in the past week. Analysts say Arbitrum (ARB) will drop to $1.83 in March, suppressed by market uncertainty and selling pressure.
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Show more +Shiba Inu (SHIB) Burns Bright: Surging Burn Rate Fuels Optimism for a Bullish March
Shiba Inu’s (SHIB) burn rate has been rising massively in recent weeks, reaching highs of 8,511.59%, with 86,115,940 SHIB burned on February 21, 2024, according to Shibburn crypto news. Reviewing the burn rate keenly, the number of Shiba Inu (SHIB) tokens sent to dead wallets has grown continuously, renewing the generally bullish outlook of the meme coin.
Interestingly, Shiba Inu’s (SHIB) burn rate has been a significant yardstick for determining the potential of the token to set up a major growth or rebound. With Shiba Inu (SHIB) currently trying to break the resistance level near $0.00001015, the reboot in burn rate is important as it can help the token to surge exponentially in the coming bull cycle.
Before this time, the burn rate growth has been slow as members of the Shiba Inu (SHIB) ecosystem await the automatic burn feature that will be implemented via the burn portal. With the latest Shiba Inu burning, 410 trillion SHIB has been burnt this far, while the amount of tokens in circulation has been reduced to 581 trillion SHIB.
On February 22, Shiba Inu (SHIB) was valued at $0.00000964, down 2.12% in the past week. Experts say Shiba Inu (SHIB) will rise to $0.00000992 in March, supported by increased demand and burn rate.
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