Shiba Inu’s Shibarium Wallet Addresses Surge, Bonk’s Market Cap Drops As New Blue-Chip GameFi Project Identified 

TLDR:

  • Shiba Inu’s Shibarium has added 375,126 wallet addresses in 4 Days.
  • Bonk’s market cap has dropped 64% from $2.7 billion to $972 million in the past six weeks. 
  • NuggetRush is a new GameFi project that has shown blue-chip potential.

Many big names are looking to bounce back after the recent memecoin crash. According to reports, there has been a new development in the Shiba Inu ecosystem. In just four days, Shiba Inu’s Shibarium has added 375,126 new wallet addresses. 

On the flip side, Bonk’s market cap has plummeted by 64% from $2.7 billion to $972 million over the past six weeks. Meanwhile, NuggetRush is a new DeFi project that has shown potential to become the next blue-chip crypto because of its goal of transforming the GameFi market.

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NuggetRush (NUGX) Aims To Dominate the GameFi Sector

NuggetRush (NUGX) is a new project that has a goal to transform the crypto sector. It has already produced a remarkable performance during its just concluded crypto ICO. At the time, NuggetRush sold over 270.1 million tokens and raised over $3.8 million for the development of its GameFi ecosystem.  

NuggetRush has introduced a new social impact model that could change the GameFi space. The team behind the project has announced that a portion of the project’s resources will be dedicated to helping poor artisanal miners in underdeveloped countries.

This unique social impact model extends NuggetRush’s impact into the real world and would place it among the best DeFi projects. The project also provides a very profitable crypto-mining game. Within the NuggetRush virtual world, players will take on the roles of miners searching for minerals and selling them for profit.

Players can also earn trending NFTs, cash, and NUGX tokens for their exploits within the game. 

Following the completion of its cryptocurrency ICO, gamers eagerly anticipate the airdrop of NUGX. With a potential increase from its listing price of $0.020 to $2.00 after its airdrop, NuggetRush could become one of the most profitable presale tokens to buy in the history of crypto. 

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Shiba Inu (SHIB) Shibarium Adds 375,126 Addresses In 4 Days

The Shiba Inu (SHIB) ecosystem’s layer-2 blockchain, Shibarium, is experiencing a surge in adoption. Shibariumscan reports an influx of over 375,126 wallets in the last four days alone. This brings the total number of wallet addresses to 1,781,692.

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Meanwhile, this uptick is due to the large number of activities by Shibarium-based projects. Amid the increase in wallet addresses, Shiba Inu’s price has plunged by 18.3% in the past week. The meme coin is one of the top crypto coins that are in the red region. 

Bonk (BONK) Market Cap Drops 64%

Bonk (BONK) was once the largest Solana-based meme coin in the Solana space last year. Unfortunately, the arrival of the new meme coin, Dogwifhat, has sent Bonk down the meme coin ladder. Also, Bonk is no longer part of the top 5 meme coins in the market by market cap. 

According to CoinMarketCap, Bonk’s market cap dropped from a peak of $2.7 billion on March 4 to a low of $972 million on April 17. This massive drop of 64% in market cap is also followed by a similar drop in price. From a high of $0.00004302 on March 4, Bonk has plunged to $0.00001464 on April 17.

Conclusion 

Shiba Inu’s Shibarium has been seeing increasing network activities in 2024. Meanwhile, NuggetRush is one of the low marketcap tokens that could become a blue-chip project. As NuggetRush continues its mission of dominating the GameFi sector, it opens up the opportunity for NUGX to be a very profitable venture for both investors and gaming enthusiasts.

Visit the NuggetRush Presale Website

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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

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