While Dogecoin and Shiba Inu Traction lag, Nightrush defies the odds with a 20% price increase.

In the world of meme coins, there is a struggle to gain recognition as a major meme coin. Over time, Shiba Inu (SHIB) and Dogecoin (DOGE) have taken over the place of reference and investors.

However, recent events have analysts and experts speculating about the sustainability of meme coin space and tokens. Interestingly, new meme coin projects are on the rise, leading to a deep demand for meme coins. One of these new projects is NuggetRush (NUGX).

NuggetRush (NUGX) and the rush to the top

The following content does not constitute the opinion of BeInCrypto and should not be considered as financial advice

Boasting to be the first P2E blockchain game by the community, Nug Rush offers users a meaningful yet exciting gaming experience. It also leaves decision-making and data control to users and advocates for appropriate causes.

Along with the utility side of this meme coin, Nugthrush combines the fascinating world of gold mining, cryptocurrency, and real-world artisanal mining to provide an immersive experience and contribute to the upliftment of artisans in underdeveloped countries.

Still in pre-sale, NUGX is quickly misleading investors. This is probably due to the diversity that this meme coin offers.

With key features like Ecosystem Participation Rewards, a GameFi experience where in-game assets can be exchanged for real-world assets like gold and money, and a collection of characters that can be used as game characters and NFT collections, NUGX has an advantage over the average. Meme coin in the cryptocurrency ecosystem.

This is a list of NuggetRush features and may announce the quick completion of the first phase of the NUGX Token Presale, which saw its price rise 20% from $0.01 to $0.012. About 40% of the tokens allocated to this stage will be sold, the project will quickly reach the end of the pre-sale stage, after which the tokens will be listed at $0.020.

DOGE and SHIB speed reduction

Ever since Dogecoin was created as a “joke” by Billy Marcus and Jackson Palmer, cryptocurrency experts have speculated on its value.

This happened because it was the crypto movement that caught the wave by chance. As an open source, peer-to-peer cryptocurrency that uses blockchain technology, it is of interest to crypto investors. Elon Musk's apparent interest has fueled this demand over time.

Perhaps starting as a light-hearted project, the cryptocurrency has had a rough year despite the rich man's interest in DOGE. Currently, at the time of writing, at $0.067457, DOGE Gas is down 48.4% on the one-year price chart and down 4.2% and 4.5% on the 24-hour and 7-day charts.

Earlier this year, Elon Musk's acquisition of permission to enable cryptocurrency payments on the microblogging platform led to speculation that the DOGE price chart would go green. However, the sustained improvement in the price is yet to be seen.

Dogecoin, the Shiba Inu Ethereum variant SHIB is the main token of the ecosystem. As a global phenomenon, meme coin, which is expected to compete with DOGE, is widely accepted as a form of payment.

The token consists of three tokens, SHIB, BONE and LEASH, for users on the ShibaSwap decentralized exchange.

Usually meme coins don't provide any utility or are cloudy. But the launch of Shiberium is considered a major milestone for the Shiba Inu world, as it is expected to reduce the cost of transactions on the Shiba network. This will allow developers to build decentralized applications (dApps) on the network and attract new users and investors to the Shiba ecosystem.

Despite this news, the expected positive effect of Shibarium on the value of SHIB has not yet come. At the time of writing, SHIB was trading at $0.00000776, down 36.1% over the past year and down 2.8% in 24 hours.

The adoption of NuggetRush (NUGX), a play-to-earn (P2E) meme blockchain game, last year defied this apparent reluctance for investors to bank on meme coins.

Visit the NuggetRush Presale website