Investor Buzz: Could This New Coin Be the Next Big Focus for Ethereum Enthusiasts?

TLDR

  • 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.

>> Buy NuggetRush Now <<

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.

Visit NuggetRush Presale Website

Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own 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. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Philipp Traugott
Philipp Traugott

Phil Traugott is a staff writer at CaptainAltcoin. As a trained marketing specialist for copywriting and creative campaigns, he has been advising top companies on the following topics: online marketing, SEO and software branding for more than 10 years. The topic of crypto currencies is becoming increasingly important for companies and investors and he found it very alluring and fitting for his skillset which prompted him to pivot his career towards blockchain and cryptocurrencies.

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