NuggetRush collects 1.6 million dollars when the values of Bonk and Dogecoin fall
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Amid uncertainty in the market, Nug Rush (NUGX) raised over $1.6 million in pre-sale. However, the price of BONK (BONK) and Dogecoin (DOGE) have recently declined.
Bonk's struggle continues.
In the world of meme coins, BONK lost 22% of its value last week. The price is currently trading at the $0.0000104 mark, a major decline in December 2023.
Despite all these obstacles, BONK still emerges as one of the major coins in the market behind Dogecoin (DOGE) and Shiba Inu (SHIB), with a market capitalization of over $634 million. However, Dogecoin and Shiba Inu are following Bonk's problems. Both decreased by 12% and 11% respectively.
According to data from Dune, there has been a decline in active users trading bonks on the Solana blockchain. However, some analysts speculate that the approval of Bitcoin ETFs could breathe new life into the market in terms of risk appetite.
Dogecoin's Lunar Trip Amid Price Drops
As the fight against Bonk continues, Dogecoin (DOGE) literally begins to fly into orbit. The astrobotic Peregrine mission will carry a crypto payload to the moon that includes a DOGE wallet. Despite its aspirations to become a celestial currency, Dogecoin's terrestrial price has dropped -12.64% over the past seven days as it currently stands at $0.078 and has a market cap of $11 billion.
Born out of internet meme culture, Dogecoin is facing problems like no other. Its blockchain is based on Litecoin and has huge inflation.
Starting as a “joke currency”, Dogecoin has amassed an impressive community. According to data from CoinGecko, Dogecoin has lost 20% in the past 30 days with a capitalization of over $11 billion.
NUG Rush (NUGX) impact gameplay and real world engagement
NuggetRush (NUGX) is a promising candidate to emerge in the world of meme coins as Bonk and Dogecoin battle it out.
NuggetRush (NUGX), an Ethereum-powered GameFi project, combines the joy of play-to-earn gaming with real-world rewards for users. Unlike standard meme coins, NUGX offers a strong value proposition, as it features game-earning mechanics, cryptocurrency trading, and crafting.
Exploring NUGX's tokennomics shows that its 500 million tokens are well-allocated with public distribution, listing and liquidity. The pre-sale is still ongoing and the project has raised more than $1.6 million, indicating a high level of adoption.
In addition to pixels and tokens, Nugetrush is different from other mime coins for its focus on the “impact game”. Beyond its digital achievements, this initiative also contributes to the upliftment of artisans in regions such as the Democratic Republic of Congo. The platform facilitates a player-driven P2P marketplace for secure and transparent in-game assets and NFTs.
SolidProof smart contract audits strengthen the security and integrity of NUGX, thereby reducing potential vulnerabilities in the code.
NuggetRush Presale Website
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