TLDR
- Pepe and Nugget Rush are leading the recent surge in meme coins and gaming-based cryptocurrencies.
- Pepe’s significant rally, driven by increased interest and listings, signals a bullish trend in meme coins.
- Nugget Rush’s innovative play-to-earn gaming platform, with its NFTs and meme coin NUGX, attracts investors with promises of high returns and passive income through staking.
There’s been speculation that the rising interest in blockchain ecosystems triggered the recent surge in Bitcoin (BTC) and multiple altcoins. Meme coins were not left out, with Pepe (PEPE) soaring by over 157% for the week, hitting higher trading volume and market cap. PEPE’s growth has pushed it to new ATH, ranking it the third largest meme coin, surpassing Bonk (BONK).
With the meme coin sector recording massive growth, Nugget Rush (NUGX) has followed suit with a 20% surge as it blazed through the fifth stage of its ongoing presale. The platform is one of the most exciting crypto investment options currently in the final stretch of its presale, and it is already on the radar of many top investors. Its NUGX listing is on the way, and it’s bound to see the meme coin skyrocket soon, making it the best crypto to invest in for 2024.
Let’s explore Pepe’s recent performance and Nugget Rush’s potential as its presale rounds up.
What you'll learn 👉
Nugget Rush (NUGX) Foreshadows Meteoric Bullish Surge As It Blazes Through Its Final Stretch
Nugget Rush is a new P2E game that charts an unexplored mix of real-world mining and DeFi features. The gaming experience introduces players to a game where they use their in-game characters to mine for in-game assets to earn real money. The Nugget Rush team has dubbed it the impact gaming model, allowing players to enlist the help of real-world miners in building their mining strategies. The platform has already raised over $2.5 million.
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Show more +There are many reasons why Nugget Rush’s play-to-earn gaming platform has been dubbed the best crypto to invest in for gamers. The game also introduces highly valuable NFTs using the gaming characters and Nugget Rush’s rare RUSHGEM collection. Since in-game avatars double as NFTs, holders can sell them on Nugget Rush’s P2P marketplace. Meanwhile, the RUSHGEM NFTs are the best NFTs to invest in, as they can be exchanged for real gold.
The NUGX meme coin is the native token of the game. Players will be able to purchase tools with NUGX to boost their performance. These benefits are why investors have been buying up NUGX in its presale as the event approaches its end. Investors can buy NUGX for as little as $0.018, which is ideal compared to the $0.020 listing price. NUGX has already printed 80% returns to early backers, and investors are confident in the token’s potential to deliver life-changing gains after launch.
Investors who take advantage of the presale are set to be rewarded with passive income through Nugget Rush’s NFT staking mechanism. When holders lock their NFTs in the platform, they’re rewarded with a 20% annual percentage yield of the staked assets. As investors’ participation on the platform surges due to staking benefits, the value of Nugget Rush’s NFTs will continue to climb, making them the best NFTs to invest in for passive income.
Pepe’s (PEPE) Bullish Surge Signal Rises In Meme Coin Dominance
Since Pepe delivered its 157% rally, the open interest rate in the meme coin has increased, showing that bullish sentiment is still rising among crypto traders. The Open Interest-Weighted Funding Rate jumped to a new ATH of 0.12%. This boost is a sign that PEPE holders are ready to hold long positions due to expectations of higher PEPE prices.
On-chain data shows that the token has had a recovery in its popularity. PEPE holders have increased from around 155,000 to over 157,600 in under a week. This surge is thanks to the presence of whale investors and PEPE’s recent listing on platforms like Robinhood in European Union countries. Binance also recently promoted Pepe with a massive token giveaway that boosted investors’ interest.
Final Thoughts
With the rise of institutional investors in the crypto market, altcoins are bound to record upside prices. PEPE’s recent 157% push proves this narrative, as meme coins log stellar growth. Nugget Rush has also showcased the rising adoption of meme coins with its presale milestones. The token’s delivery of trendy features set it up for an incoming explosive surge in its value. Investors looking to take advantage of the platform’s potential are advised to get into the presale before it ends.
Visit NuggetRush Presale Website
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