TLDR:
- Shiba Inu’s Shibarium TVL has hit a new peak of $3.85 million.
- Bonk’s price has dropped to a low of $0.0000203.
- NuggetRush has become the best crypto to buy, as analysts forecast a 50x gain a few weeks after its launch.
Shiba Inu’s Shibarium Total Value Locked (TVL) has surged to a record high of $3.85 million, a sign of growing interest in the ecosystem. Meanwhile, Bonk’s price has declined, reaching a low of $0.0000203, forcing investors to invest in new DeFi projects like NuggetRush.
Analysts have predicted a potential 50x gain for NuggetRush just weeks after its launch. Read on to learn more about NuggetRush.
What you'll learn 👉
Shiba Inu (SHIB) TVL Skyrockets, SHIB Still Bearish
Shibarium, the layer-2 solution for Shiba Inu (SHIB), has seen a massive increase in its total value locked (TVL) as it hit a new peak. Data from DeFiLlama revealed that Shibarium’s TVL surged from $1.43 million on March 22nd to $3.38 million on March 23rd, eventually hitting $3.85 million by March 25th.
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Show more +The surge in Shibarium’s TVL shows that more projects are joining the platform. Historically, the price of Shiba Inu usually experiences an uptick once Shibarium notices a rise in its metrics.
Unfortunately, this is not the case, as Shiba Inu’s price dropped 2.9% in the weekly timeframe. It has fluctuated between $0.00002417 and $0.0000284 in the past week and could drop lower if the bearish momentum lingers.
Bonk (BONK) Price Plunges, Investors Jump Ship
Bonk (BONK) is a Solana-based meme coin that gained prominence in the later part of 2023 to battle top ETH memecoins like Shiba Inu. Interestingly, Bonk soared on the hype of meme coins and the renewed momentum surrounding the Solana network.
According to CoinMarketCap, its price skyrocketed more than 4,000% in the past year to an all-time high of $0.00004704 on March 4th, 2024. Unfortunately, bearish sentiment has set in, pulling Bonk’s price as low as $0.0000203 in the last week of March.
Presently, investors are afraid that the era of Solana memecoins has ended, and the likes of Bonk may not see such a price surge again. As a result, they are switching camps and moving to gaming tokens like NuggetRush.
Market Expert Picks NuggetRush (NUGX) As the Best Crypto Investment for 2024
NuggetRush (NUGX) has become the best investment choice for investors as top crypto coins like Bonk experience price loss. What separates NuggetRush from many of its competitors, though, is its unique mixture of meme coin culture and play-to-earn gaming. On top of that, the project enables mining-related adventures, which involve players engaging financially.
The players are rewarded through valuable NFT rewards, in-game assets, and free tokens. This possibility makes NuggetRush attractive for those looking for thrill and income at the same time. Through the utilization of cutting-edge technology, NuggetRush aims to reach a $100 million market cap to generate tremendous wealth for its community.
NuggetRush also encourages the decentralization of games and collaboration between gamers. The NuggetRush team will give control of the game’s smart contracts to the community. Hence, through votes, the players will be able to shape the future of the game.
At this moment, the game is climbing the height, as is evident by the increasing popularity and support of the project. The NuggetRush cryptocurrency ICO raised almost $3.3 million with the sale of over 250 million NUGX tokens. NUGX stands at the $0.019 mark and is forecasted to increase 50x by the end of this year.
Conclusion
Amid the shifts in the crypto market, NuggetRush has become the best coin to invest in. Its innovative approach, strong community support, and promising growth projections offer investors a good opportunity for massive returns of up to 50x. This makes it a good contender against Shiba Inu and Bonk.
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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