- Ethereum (ETH) jumped to $3000 in mid-February.
- There are growing calls for an Ethereum ETF.
- NuggetRush (NUGX) has become a gaming spectacle after selling 190 million tokens by round five of its presale.
Ethereum (ETH) has mirrored the growing bullishness in the crypto market, rising to a near 2-year high. Yet, analysts wonder if ETH can maintain this momentum.
NuggetRush is the leading project among new ICOs after selling 190 million tokens in its presale. The project’s mining game could dominate the play-to-earn scene with its gold rewards. Yet, can NUGX become the best cryptocurrency investment of 2024? Let’s discuss.
Ethereum Touches $3000 For the First Time in 18 Months
Ethereum (ETH) has soared to an 18-month high as the market-wide bullishness continues. Top altcoins increased in mid-February following Bitcoin’s rise to $52,000. Ethereum’s (ETH) coincides with growing calls for its spot ETF products.
ETH traded at $2,619 on January 11. It fell by 12.8% to $2,282 on January 31. ETH then jumped by 9.8% to $2,507 on February 11. However, it closed at $3,013 by February 20 after a 20.1% increase.
Spot Ethereum ETFs could become a game changer for the network. Analysts predict a boost in Ethereum’s (ETH) institutional acceptance if the SEC approves its spot ETF applications. Furthermore, general DeFi activity among altcoins could rise following the current market bullishness. This could boost activity on Ethereum liquid staking networks, leading to a 17.4% ETH jump to $3,540.
NuggetRush: Turning Leisure Gaming into Money-Earning Opportunities
NuggetRush (NUGX) is a play-to-earn network that features a one-of-a-kind gaming experience and the opportunity to collaborate for NFT rewards. Gaming on NuggetRush (NUGX) involves thrusting yourself into a mineral-rich world full of NFT characters. As a gamer, you must excavate mineral resources while establishing a business.
You will need workers and high-quality machinery to ensure success in your mining activities. NuggetRush’s (NUGX) marketplace contains miners, entrepreneurs, and adequate machinery. Hiring entrepreneurs and miners will boost your mining operations as extra hands mean greater efficiency. For your mining efforts, NuggetRush (NUGX) gives out quality NFT gaming rewards.
Prizes you can earn from NuggetRush (NUGX) include bonus workers, machinery, and in-game money. You might also find RUSHGEM NFTs, gold-backed digital assets you can use for direct swaps. Better still, it will arrange delivery of gold rewards to chosen locations. NuggetRush (NUGX) also allows you to earn up to 20% APY when you hold your NFTs for a fixed period.
Its market growth is about to take a new dimension. The project has already sold 190 million tokens by round five of its presale. Analysts expect higher NUGX FOMO after its official listing. The token is currently trading at $0.018. However, the mining game will go live after NUGX’s pump to $0.020.
