- Shiba Inu’s (SHIB) founder has hinted at an upcoming major announcement.
- Solana’s (SOL) NFT activity surpassed Ethereum on December 8.
- NuggetRush (NUGX) has unveiled plans for a highly rewarding play-to-earn gaming ecosystem.
Shiba Inu’s (SHIB) team has teased the community with an upcoming announcement. Elsewhere, Solana NFT activity has jumped in the past few days despite the general decline in the NFT industry.
However, investors are focused on NuggetRush (NUGX), a mining game with an immersive adventure, multiple NFT rewards, and other ways to earn money. NUGX’s ongoing presale has risen by 30%. Yet, can this make it one of the top crypto coins? Let’s discuss.
NuggetRush: Mining Adventure Game Stuns Investors with Gold-backed NFT Rewards
NuggetRush (NUGX) is an upcoming meme project with an unusual number of real-world utilities combined with profit-earning potential. Its first offering is a mining adventure game built on Ethereum. NuggetRush (NUGX) allows players to enter a virtual world where they can become professional miners with a hunger for gold and other mineral resources.
The game features the typical life of a miner. Players will use NFT characters to complete mining tasks, ranging from simple to complex. On the simple end, players will dig shafts, set up tunnels, and use soil sampling techniques to find mineral-rich sites. On the complex end, they will excavate these resources and turn their mining operation into a profitable business.
To build a successful mining business, players manage resources and make critical decisions. Thankfully, some of the mining NFT characters in NuggetRush (NUGX) also possess business management skills. NuggetRush is also passionate about real-world artisanal mining. It will donate proceeds from the game to artisanal miners around the world.
Now is a great opportunity to join NuggetRush’s (NUGX) ecosystem. Its blockchain ICO has raised nearly $1 million after selling millions of tokens to interested participants.
Furthermore, investors who purchased NUGX at round one of its presale have generated a 30% ROI. NUGX’s first round price was $0.01. It is now trading at $0.013, growing by 30% by round three of its presale. When NuggetRush’s presale is over, NUGX value will jump to $0.02.
Shiba Inu Holders Gear Up for Major Announcement
Shiba Inu (SHIB) has been the center of many news headlines in the past few months. Network activity on its recently released Shibarium network has increased its popularity. Furthermore, Shiba Inu (SHIB) has consistently undergone bigger token burns since the launch of Shibarium. Now Shiba Inu community members are anticipating a big announcement from the network’s founder.
The announcement can contribute to SHIB’s positive market movement since the end of October. SHIB was trading at $0.000007788 on October 31. It kept its bullish momentum, rising by 7.4% to $0.000008367 by December 1. SHIB then surprised many analysts with a sharp rise by 23.3% to $0.00001032 as of December 10.
The rising popularity of Shibarium has propelled Shiba Inu’s (SHIB) growth. By December 7, the Shiba Inu community celebrated Shibarium’s milestone of reaching 50 million transactions. Analysts expect Shiba Inu’s (SHIB) growth to rise further due to the ongoing bullishness in the crypto market. This could push SHIB’s value up by 48.4% to $0.00001532.
Solana NFT Activity Picks Up Amid Market Bullishness
NFT activity on several top altcoins, including Solana (SOL) and Ethereum, declined rapidly in the past few months. Yet, Solana has recorded an impressive rise in NFT sales amid the ongoing bullishness in the crypto market. Solana’s (SOL) NFT sales volume surpassed Ethereum on December 8, marking a turning point in NFT investor behavior.
The increase in Solana’s NFT activity coincides with SOL’s impressive market increase since the start of November. SOL was trading at $38.52 on October 31. By December 1, SOL had jumped by 55.2% to $59.80. SOL rose by 25.4% to $75.00 on November 8, the same day it surpassed Ethereum in NFT sales volume.
Solana’s (SOL) market capitalization has also risen sharply since the start of November. Data from CoinMarketCap shows that Solana’s market capitalization has grown from $9.1 billion on October 12 to around $30 billion in December.
This represents a sharp growth in Solana’s (SOL) trading activity as investors have increased bullishness on the altcoin. Analysts expect Solana’s market rise to continue, thus pushing SOL by 8.0% to $81.06.
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