- Filecoin (FIL) has recorded a sharp increase in its market capitalization.
- Tron (TRX) network activity has surged, leading to new transaction milestones.
- NuggetRush (NUGX) has exceeded expectations following its 30% growth.
Filecoin’s (FIL) market capitalization has risen by nearly $1 billion since mid-October. Tron (TRX) is also on a bullish rise that has coincided with its growing network activity.
Yet, NuggetRush’s (NUGX) recent 30% rise has attracted most investors. NuggetRush’s mining adventure offers a thrilling experience filled with valuable rewards. Yet, can NUGX emerge as one of the top crypto coins of 2024? Let’s discuss.
Filecoin Market Capitalization Grows by Nearly $1 Billion
The recent bullishness in the crypto market has affected Filecoin’s (FIL) market performance. Data from CoinMarketCap showed that Filecoin’s (FIL) market capitalization had risen from $1.47 billion on October 20 to around $2.43 billion on December 9.
Filecoin’s FIL token has also soared impressively in the past few weeks. FIL was trading at $3.8252 on October 31. By December 1, FIL had risen by 17.6% to $4.5005. It remained bullish, rising by 13.9% to $5.1291 by December 9.
Filecoin’s (FIL) network activity could rise further due to its upcoming upgrade on December 12. Some developers claim the upgrades will include juicy features for Filecoin’s virtual machine and other protocol bug fixes. Furthermore, Filecoin’s (FIL) bullishness could continue due to the rising market bullishness in the crypto market. This could further push FIL’s value up by 42.8% to $7.3291.
NuggetRush: Adventure Filled Mining Experience that Offers Financial Rewards
NuggetRush (NUGX) is a mining game where players can earn money from starting, operating, and running a booming mining operation. The game tasks players with resource management and strategic thinking. Players must use character NFTs and machinery distributed throughout the game to find and excavate valuable mineral resources.
The game features resource-packed terrains. Players must find natural resources within these terrains, excavate them, and profit from such operations. The NFT characters have mining and business management skills. NuggetRush (NUGX) only charges players with taking the reins and establishing a profitable mining operation. Players can go on solo missions or complete group tasks with other miners.
Rewards for playing NuggetRush (NUGX) include high-value NFTs, in-game funds, and boosted mining efficiency. Players can earn money by selling their NFT holdings. They can also purchase better NFTs, thus increasing their mining efficiency. One of the standout features of NuggetRush (NUGX) is the offer of NFT staking. The network allows players to earn money for holding their NFTs for a fixed amount.
Nuggetrush’s (NUGX) blockchain ICO has sold nearly 83 million tokens. Yet, the project is only in round 3 of its presale. NUGX trades at $0.013 after rising by 30% from its round 1 price!
Tron Network Activity Increases
Tron (TRX) recently crossed a milestone of over 200 billion accounts created on the network. Furthermore, Tron’s total transfer volume had risen to around $9.9 trillion, adding about $13 billion in 24 hours.
Tron’s growing network activity comes amid TRX’s mixed performance since the start of November. TRX was trading at $0.1003 on November 1. By November 21, TRX jumped by 4.0% to $0.09625. Tron regained some bullish momentum, pushing TRX to $0.1067.
Analysts expect Tron’s (TRX) network activity to grow due to its high-level partnerships in 2023. For instance, Tron accounted for over 50% of Tether’s USDT issuance in 2023. Tron (TRX) is already one of the top DeFi projects. Yet, it could capitalize on the current bullish rally to reach new heights. This could then push TRX’s value up by 62.8% to $0.1567.
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