TLDR
- Cardano’s Q4 2023 metrics show impressive network growth.
- ADA has also surged to the $7 range.
- NuggetRush (NUGX) token sale exceeds 222 million as more investors join its gaming network in March.
Cardano’s recent on-chain activity matches ADA’s price surge. Now, analysts are debating how long ADA could remain bullish.
NuggetRush has sold 222 million NUGX tokens in its presale, indicating a growing interest in its mining game. The project will allow players to earn gold rewards from their gaming activity. Yet, can NUGX outshine other top ICO networks? Join us as we discuss.
Cardano Records an $8 Billion Market Capitalization Increase
Cardano (ADA) has joined the ongoing market rally that has affected most top altcoins. Investor interest in Cardano had jumped following the rally caused by Bitcoin’s surge to a new all-time high (ATH). Cardano’s (ADA) market capitalization has also reached $25 billion, growing by $8 billion in early March.
ADA traded at $0.4983 on January 31. It surged by 15.8% to $0.5773 on February 14. Two weeks later, ADA jumped by 9.3% to $0.6311 on February 28. ADA then closed at $0.7437 after a 17.8% increase on March 9.
The recent increase in Cardano’s (ADA) on-chain activity could propel its price increase. Its TVL had grown by 166% in Q4 2023. Cardano’s stablecoin value had also jumped by 37% in that same time. Analysts predict a continuation of Cardano’s rising on-chain metrics in Q1 2024. This could push ADA’s value up by 27.1% to $0.9455, making it one of the top DeFi projects.
NuggetRush: Creating Mega Access to Wealth
NuggetRush (NUGX) is a new gaming project that is built with the finest GameFi principles. On NuggetRush, players will experience a one-of-a-kind mining experience coupled with multiple wealth-earning opportunities. Conversion of assets into money on the game is also easy and smooth.
Like other Ethereum-based mining games, NuggetRush (NUGX) offers exciting opportunities to work with other players.
The game’s ecosystem contains other mining enthusiasts alongside gamers and investors. You can easily leverage the skills of experienced gamers or miners by joining gaming collaborations with such individuals. You can also accumulate high-value NFT rewards, some of which go to supporting artisanal mining communities.
Another exciting aspect of NuggetRush (NUGX) is that it will become fully community-owned once the game launches. NuggetRush’s creators have announced a plan to renounce ownership of smart contracts, giving members total control and the ability to shape NuggetRush’s (NUGX) future.
NuggetRush is now one of the most in-demand altcoins in the world. It has sold over 222 million NUGX tokens. Each NUGX token now costs $0.019 after a 5.5% pump from its previous value. Investors are now waiting for the end of NuggetRush’s presale, which will come when NUGX’s value rises to $0.020.
