Near Protocol Soars 80%, But Investors Shift Focus to This Coin with a $1.3M Fundraise
TLDR:
- Near Protocol’s (NEAR) value has jumped sharply since early November.
- NEAR’s increase follows a major partnership with Polygon.
- NuggetRush’s (NUGX) mining adventure could outclass top P2E projects.
Near Protocol (NEAR) has risen since November after significant network developments in 2023. Now, analysts debate how long NEAR’s rally would last.
Elsewhere, NuggetRush (NUGX) is quickly becoming the center of attention in the crypto market after its 50% presale growth. The project is a mining adventure that offers bountiful NFT rewards. Yet, can it become a top ICO project by outperforming NEAR? Let’s hear what analysts think.
Near Protocol Stuns Investors With Sharp Post-November Rally
The crypto market is in a bull run triggered by demand for spot crypto ETFs. Near Protocol and several crypto projects have recorded a sharp increase. Data from CoinMarketCap shows that Near Protocol’s market capitalization has jumped by $2.8 billion since late October.
NEAR’s value as of November 1 stood at $1.5283. By December 1, NEAR jumped by 23.9% to $1.8937. It remained bullish, jumping by 101.2% to $3.8116 by December 24.
Near Protocol’s (NEAR) increase has also been propelled by excitement around several development projects on its network. One of its major developments was a partnership with Polygon to build a ZK-powered web assembly (WASM) prover.
Analysts say the partnership would boost the efficiency of Near Protocol’s layer-1 network. This could further increase demand for Near Protocol’s services, thus pushing NEAR up by 42.5% to $5.4316. If Near Protocol (NEAR) keeps rising, it could be one of the top DeFi projects to buy.
NuggetRush: Creating Valuable Rewards for Mining Lovers
NuggetRush (NUGX) is a virtual world where gamers can build wealth by becoming professional artisanal miners. It features several mineral-rich landscapes where players must set up successful mining operations, excavating and selling mineral resources for profit.
NuggetRush (NUGX) challenges players to explore new territories, set up multiple operations, and expand their mining business. Players are free to create custom mining characters. They will also receive extra NFTs featuring miners and business experts. Together, players can turn their mining operations into a booming enterprise.
They can also purchase mining equipment from the game’s marketplace. Game rewards for players vary. While every gamer is entitled to NuggetRush (NUGX) rewards, the exact size depends on the mining efficiency of individual players.
Purchasing better machinery and using efficient miners would boost a player’s mining efficiency. One of the special rewards on NuggetRush (NUGX) is RUSHGEM NFTs. The game allows players to swap their RUSHGEMs for real gold.
Players can also stake their NuggetRush NFTs for a fixed period instead of trading them for cash. By staking their NFTs, players earn money while still holding their game assets. Furthermore, players can earn more rewards from participating in group challenges.
NuggetRush (NUGX) could become one of the most popular NFT projects, given the impressive performance of its ongoing presale. Over 113 million tokens have been sold in its presale.
Early NUGX buyers have already gotten significant profits. NUGX’s first price was $0.01, but it has now grown by 50% to $0.015 by the fourth round of its presale. By round five, NUGX’s value will jump even higher!
Visit NuggetRush Presale Website
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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