TLDR
- Sui’s has maintained its bullish stance since early January.
- Its market capitalization has grown by $1 billion in the past few weeks.
- NuggetRush (NUGX) shatters bets after rising by 80% in its public presale.
Network partnerships are rising on Sui as its token price approaches the $2.00 mark. Yet, analysts wonder if SUI’s February rally can last.
has also risen from the shadows, becoming one of the most exciting gaming networks in the Ethereum ecosystem. It features virtual mining challenges. Yet, can NUGX excite the gaming community like other top DeFi projects? Let’s discuss.
Sui Records 100% Increase From its Early January Price
Sui has become one of the best-performing altcoins in 2024. Its value has grown by 100% amid increased partnerships since the turn of the year. Reports from CoinMarketCap show that Sui’s market capitalization has grown by over $1 billion since the first week of January.
A bullish SUI sold at $0.8001 on January 7. Over three weeks later, SUI had risen by 93.1% to $1.5448 on January 31. It remained bullish, rising by 11.2% to $1.7181 on February 20.Analysts predict a boost in Sui’s performance due to its recent gaming partnership. On February 21, 2024, Interverse announced it would be coming to Sui. Furthermore, NFT characters from Sui would also feature in Interverse’s Degen Royals Shooter game.
Gaming collaborations like this could boost network activity on Sui, making it one of the most popular NFT projects. This could push its value up by 27.4% to $2.1901.
NuggetRush: Merging Meme Coin Ecosystems with Play-to-Earn Gaming
is a play-to-earn network that offers high-quality gaming entertainment. It contains an Etheruem-based virtual world filled with NFT characters in a mineral-rich terrain. NuggetRush (NUGX) invites you to see how far you can go in building a mining business. It contains assets like machinery and NFT workers. Your job is to establish a mining operation with strong market viability.
NuggetRush (NUGX) stands out for offering full game ownership to members of its community. After the game’s launch, smart contracts will be renounced and given to community members.
This would help NuggetRush (NUGX) achieve full decentralization. Furthermore, community members are eligible for NFT staking and trading benefits. Gamers who stake their NFTs earn up to 20% APY, depending on their lockup duration. This increases the earning potential of gaming activity on NuggetRush over what is available on most P2E networks.
NuggetRush (NUGX) has increased steadily, leading to the sale of 190 million tokens in its blockchain ICO. One NUGX token is valued at $0.018. It has raised 80% profit for round one backers of its token. NUGX will exit round five of its presale with a pump to $0.020, generating FOMO around its mining game launch.
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