What you'll learn 👉
- Ethereum’s race against other networks like Solana has gotten a boost from the mainnet launch of Scroll’s zkEVM solution.
- GameFi analysts hail the coming of NuggetRush as it offers a straightforward avenue to converting in-game assets into real-world value.
It has been a good year for zkEVM scaling solutions. Most recently, Ethereum’s community celebrated the mainnet launch of Scroll zkEVM. Still, 2023’s bearishness has caught up with ETH, stagnating its growth in the past few months.
As a result, some holders are now looking towards NuggetRush – an Ethereum-based mining game, to stay profitable. NUGX’s blockchain ICO already promises 100% growth, but will that make it a strong contender to ETH? Let’s see what investors are saying.
Ethereum (ETH) Gears Up for ZkEVM Scroll Mainnet
On October 17, 2023, the Ethereum (ETH) community celebrated the launch of the anticipated zkEVM scroll on its main network. The team behind the launch announced that existing applications and developer tools could now migrate to the scaling solution.
The announcement could be the kick needed to overturn Ethereum’s bleak outlook. Since the start of October, ETH has fallen consistently, leading analysts to suspect a possible bear run could be oncoming. ETH was trading at $1,733 on October 1. However, ETH fell by 9.6% to $1,565 by October 17 after Scroll’s zkEVM launch.
Scroll EVM was developed for two years and could increase Ethereum’s (ETH) scaling capabilities. This could make it one of the best DeFi projects. Some analysts say it will help Ethereum gain an edge over networks like Polygon and Solana. They conclude that ETH could rise to $1,850 due to excitement around its Scroll EVM launch.
NuggetRush (NUGX): A Gamer’s Paradise
GameFi aims to give players more autonomy over their gaming activities and how they use their rewards. The same principle underlies NuggetRush’s (NUGX) approach.
Like most Web 3 games, NuggetRush (NUGX) is native to Ethereum. It offers a quality virtual reality mining experience and allows players to build, grow, and test their skills to become mining experts. NuggetRush (NUGX) provides the thrill of finding mining mineral resources and earning real-world prizes.
The game offers players several ways to earn money and get more value from their gaming time. Its players can trade their NFT collectibles, which include characters, machinery, and even money won during the game.
Furthermore, players can stake their NFTs to earn passive income. Finally, a part of NuggetRush’s (NUGX) proceeds goes to supporting small-scale mining operations in third-world countries.
Aside from increased earning potential, NuggetRush’s (NUGX) players also get access to special competitions and ecosystem rewards. They also receive voting rights, which helps them contribute to decision-making on the platform.
NuggetRush is in the first round of its presale. Its Round 1 price is $0.010. Yet, NUGX will rise by 20% to $0.012 by Round 2. More importantly, by listing time, NUGX’s value is set to grow by 100% to $0.020. This leads analysts to agree that it’s a good crypto to buy now.
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