Cardano Developer Activity Surpasses Ethereum’s Book Of Meme Suffer Selling Pressure Pushing Investors To New Altcoin

TLDR:

  • In the last week, Cardano has overrun Ethereum in developer activities.
  • The price of Book of Meme is currently 60% off from its highest value.
  • NuggetRush is the top new altcoin to invest in as it prepares for launch.

The dedication to research by Cardano has shown, with the network activity now surpassing Ethereum. Meanwhile, Book of Meme, one of the new Solana memecoins, is today at -60% deep from ATH, which is a high sell pressure.

Meanwhile, NuggetRush is another trending altcoin as the hot favorite to invest in. It has gathered significant steam in the crypto world, with 240 million tokens sold and more than $3 million raised prior to its game launch.

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NuggetRush (NUGX) To Lead Other Gaming Tokens Into a Bullish Run

NuggetRush (NUGX) is capturing interest with its unique combination of meme coin charm and the immersive elements of play-to-earn (P2E). The new DeFi project moves away from typical meme coins that lack practical use. 

This multifaceted utility distinguishes NuggetRush in the meme coin space. With a presale price of $0.019, experts are predicting a substantial increase in value post-launch, highlighting its promising future. NuggetRush is building a game where players can mine precious minerals using simple and sophisticated tools. 

These precious minerals can later be exchanged for trending NFTs, in-game assets, and free tokens. An additional attraction for investors is NuggetRush’s NFT staking mechanism, offering up to 20% APY and rewarding long-term commitment based on staking duration.

As its crypto ICO draws to a close, NuggetRush now aims to reach $3.5 million in funding and sell 250 million tokens. This makes it a good crypto to consider for investors looking for a project with good prospects. 

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Cardano (ADA) Developer Activity Surges, Price Does Not React

The Cardano (ADA) blockchain continues to lead in development activity among networks. According to crypto analytics platform IntoTheBlock (ITB), Cardano’s GitHub activity has surpassed that of Ethereum.

The information provided by ITB indicated that Cardano on GitHub saw 978,780 commits from March 11 to 17th. This was also the case with its closest rival, Ethereum, which had a total of 407170 commits within the same span.

In spite of the increase in developer activities, Cardano’s price is still below the $1.00 mark, and this has been the case since April 2022. At the moment, the altcoin price has dropped 17.1% in the past week, plummeting to a low of $0.598 from a high of $0.801.

Book Of Meme (BOME) Plunges 60% From ATH 

The past year has seen an influx of meme coins, with the latest one being Book Of Meme (BOME). Book Of Meme is a Solana-based meme coin that surged to success early on in its existence. 

The token outpaced the cryptocurrency market when it launched, with the price of BOME increasing by over 1,000% to reach a market cap of over $1 billion. However, the intense selling pressure has resulted in major losses for the Book of Meme.

As a result of some investors abandoning their holdings, the meme coin drops 60% from its all-time high (ATH) of $0.02689. Its token value, however, ranges from $0.0000588 to $0.02689. Nevertheless, because of the coin’s optimistic start, analysts are optimistic about it despite their mixed feelings.

Final Thoughts 

The market is experiencing a lot of changes, as Cardano is gaining momentum whilst the Book of Meme is suffering a huge drop. At this point, NuggetRush shines as a silver lining amidst the dark clouds, forecasting 100x gains on launch to the investors.

This combination makes NuggetRush the best new crypto to invest in because it merges what meme coins do, skyrocketing with the usability of game tokens. Join one of the best presale tokens today before its launch.

Visit the NuggetRush Presale Website

DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Samuel Munene
Samuel Munene

Samuel is a vesatile and seasoned content editor with a sharp eye for detail and a passion for writing. Web3 techonology is the future! With massive experience in the publishing industry, I specialize in refining and enhancing written material to ensure clarity, coherence, and engaging narratives.

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