What you'll learn 👉
- Zcash (ZEC) market capitalization has risen by nearly $100 million.
- Analysts say ZCash’s rise could signal rising positive sentiment for privacy tokens
- NuggetRush (NUGX) presale exceeds expectations after selling over 65 million NUGX tokens.
ZCash’s (ZEC) market performance in November has been largely positive, which indicates the reduction of negative sentiments around privacy tokens. However, analysts maintain that its performance does not match NuggetRush, a top ICO project that has grown by 20%.
NuggetRush (NUGX) is an innovative play-to-earn game with high rewards. Yet, analysts wonder if it can join the top 5 cryptocurrencies of 2023. Now, let’s hear arguments from both sides.
Zcash Rises Amid Excitement Despite Negative Sentiment Around Privacy Coins,
November has brought bullish gains for Zcash (ZEC) despite the negative investor sentiment it has faced in 2023. Talks about legalizing spot Bitcoin are ramping up, leading to increased trading activity for many cryptocurrencies, including Zcash (ZEC).
Furthermore, data from CoinmarketCap shows that Zcash’s market capitalization has grown by nearly $100 million since June.
Analysts hope Zcash’s (ZEC) November performance could trigger a sustained rally. ZEC was trading at $28.58 on November 1. By November 26, ZEC had risen by 3.4% to $29.56. The decision of crypto exchanges to delist privacy tokens due to security concerns compounded Zcash’s (ZEC) woes in 2023.
Binance had followed suit, delisting Zcash (ZEC) and other privacy coins in the Eurozone. Binance has rescinded its decision, but the negative sentiments around privacy coins remain. Analysts say this could cause ZEC to fall by 7.5% to $27.34.
NuggetRush: Mining Coin Offers a Big Price Increase
NuggetRush (NUGX) is an adventure seeking to establish new trends in the play-to-earn industry. The game challenges a player’s decision-making and strategic thinking while offering a rush for gold and other mineral rewards. NuggetRush offers a play-to-earn ecosystem where players earn far more value from gaming.
On NuggetRush (NUGX), each player has a central objective of building a profitable mining empire. Players get a piece of land and some mining equipment at the start. They also receive NFT characters who possess mining and entrepreneurial skills. NuggetRuhsh rewards players for each mining task completed.
Full of Fun Features
NuggetRush (NUGX) offers battles, ranked play, and tournaments to increase their reward rate. Players can also collaborate with others by joining mining guilds. Players can join mining guilds with experienced artisanal miners for greater efficiency.
As expected, NuggetRush rewards include character NFTs, better mining equipment, and other in-game collectibles. Players can easily convert these rewards into cash via NuggetRush’s marketplace.
NuggetRush’s (NUGX) innovative approach to creating play-to-earn gaming rewards has resulted in the fast-rising popularity of its blockchain ICO. It just entered round two of its presale.
Yet, NuggetRush has sold 65 NUGX million tokens and generated $700,000 in token sales. NUGX’s value was $0.010, but it rose by 30% to $0.013 as it entered round three of its presale. Its value will keep soaring until it reaches its listing price of $0.020!
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. 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.