New Crypto Frontier: Near Protocol and Dogecoin Supporters Rally Around an Emerging Contender

TLDR

  • NEAR Protocol (NEAR), a proof-of-stake blockchain, has experienced a significant surge in daily active users (DAU), reaching almost 700,000 despite a small number of decentralized applications. However, this user growth has not proportionately impacted NEAR’s market cap or price dynamics.
  • On November 29, 2023, DOGE-1, a Dogecoin-funded SpaceX moon mission, secured crucial regulatory approval for its X-Band from the National Telecommunications and Information Administration. Although awaiting the final Federal Communications Commission license, the mission is set for January 2024.
  • NuggetRush (NUGX) is a GameFi project making waves for integrating gaming experiences with real-world impact on the Ethereum blockchain. Boasting a bullish trend in its presale, NUGX stands out as a top crypto investment fueled by a strategic partnership with gold providers.

From the unexpected growth of daily active users (DAU) on NEAR Protocol (NEAR) to the extraterrestrial ambitions of Dogecoin (DOGE) with its DOGE-1 Lunar Mission and the groundbreaking dominance of NuggetRush (NUGX) in the GameFi sector, these stories unfold at the intersection of innovation, real-world impact, and financial opportunity. Here is why Near Protocol and Dogecoin investors are turning to NuggetRush.

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NEAR Protocol (NEAR): Unprecedented Growth in Daily Active Users Amid Price Dynamics

NEAR Protocol (NEAR) is a proof-of-stake blockchain renowned for its focus on efficiency and scalability. Despite hosting a relatively small number of decentralized applications, NEAR Protocol (NEAR) has seen a massive surge in daily active users (DAU), hitting almost 700,000.

This increase is remarkable, considering it does not directly correlate with NEAR Protocol’s (NEAR) market cap. The price dynamics of NEAR Protocol (NEAR) create an interesting scenario. While the DAU metric has grown massively, it has yet to translate into a proportional increase in NEAR Protocol’s (NEAR) price.

The outlook for NEAR Protocol (NEAR) is somewhat optimistic. This increase in DAU and network’s unique architecture positions NEAR Protocol (NEAR) well for future growth.

On November 29, 2023, NEAR Protocol (NEAR) was trading at $1.82. Analysts expect NEAR to hit $2.15 by the end of 2023, supported by increased adoption, making it a good crypto to buy today.

NuggetRush (NUGX): GameFi Dominance with Bullish Trends and Real-World Impact on Ethereum Blockchain

NuggetRush (NUGX) is the latest project dominating the GameFi sector. It integrates the gaming experience with a significant impact on the real world, all on the transparent and secure Ethereum blockchain.

Notably, NuggetRush (NUGX) is displaying bullish price trends in its presale, making it the best crypto investment this year. NuggetRush (NUGX) is bullish because of its partnership with gold providers. Through this partnership, gamers receive their RUSHGEM winnings at their preferred location, which creates a valuable connection to physical assets.

Furthermore, NuggetRush (NUGX) guarantees the platform’s security and reliability via smart contract audits by SolidProof. While using NuggetRush, gamers can earn rewards such as character NFTs, NUGX, RUSHGEMs, staking top NFTs, and trading in-game assets like machinery.

What makes NuggetRush (NUGX) unique is that gamers can use their in-game currency to trade outside the game. NuggetRush (NUGX) has a marketplace operated by players, where they trade character NFTs, rare NFTs, and the materials they mine.

Currently, in round 3 of the blockchain ICO, NuggetRush (NUGX) has raised over $700K from selling more than 70 million tokens to early adopters. Every NUGX token is trading at $0.013 and will continue surging until it reaches its listing price of $0.020!

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DOGE-1 Lunar Mission: Regulatory Approval Achieved, Setting the Stage for Dogecoin’s Extraterrestrial Ventures

On November 29, 2023, DOGE-1, a Dogecoin-funded SpaceX moon mission, acquired a key regulatory approval from the National Telecommunications and Information Administration. This approval is one of the requirements for the final Federal Communications Commission license, which this Dogecoin (DOGE) mission is yet to receive.

In an X post published on November 28, Samuel Reid, CEO of Geometric Energy Corporation, said DOGE-1 had received approval for DOGE-1 X-Band. The Dogecoin mission to the moon is set for January 2024.

Interestingly, DOGE-1 is not the only Dogecoin-related moon mission in the pipeline.

Two weeks ago, Dogecoin highlighted its plans to send a physical Dogecoin to the Moon in 2024 in partnership with space robotics firm Astrobotic Technology.

In recent weeks, DOGE has been involved in a tug-of-war between the support at $0.0722 and the resistance at $0.0839. Analysts say Dogecoin (DOGE) seems undecided on where to go.

On November 29, Dogecoin (DOGE) was trading at $0.0808. Experts believe DOGE will rise to $0.0855 by the end of 2023, supported by the news about these missions to the Moon.

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Felix Küster
Felix Küster

Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.

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