- NuggetRush (NUGX)& is a Play-to-Earn (P2E) game combining cryptocurrency and gold mining.
- Axie Infinity’s (AXS) recent sharp decline, with over 97% loss from its all-time high, has caused all investors to be in the red.
- SophiaVerse (SOPH) and Decentraland (MANA) partnered, with Sophia the Robot launching the Decentraland AI Lab within the metaverse.
NuggetRush (NUGX) has emerged as an innovative Play-to-Earn (P2E) blockchain game that intertwines cryptocurrency, gold mining, and support for real miners in impoverished regions. On the other hand, Axie Infinity (AXS) appears ready to rise after losing over 97% of its value.&
Yet, Decentraland (MANA) boasted development on its network, ranking top on the list of NFT projects by their development activity. Can NuggetRush keep growing to catch up with Axie Infinity and Decentraland? Let’s see here.
NuggetRush integrating crypto and gold mining
NuggetRush (NUGX) is a P2E game that integrates cryptocurrency, gold mining, and assisting real miners in their operations. When users play, they earn items that help them in the game. Furthermore, it is a new top ICO trying to make life better for miners in underdeveloped countries.
This new DeFi project has already enjoyed massive success due to demand from investors. Notably, NuggetRush’s (NUGX) token is designed to have deflationary characteristics, which partially increases its demand. The project’s innovative gameplay concept and long-term vision are receiving massive support, helping boost NUGX’s presale performance.
The quick growth of an active community for NuggetRush (NUGX) can be attributed to several factors. They include community-driven development, innovative technology, and a vision that lets decentralized finance (DeFi), NFT, and gaming enthusiasts derive value from NuggetRush’s (NUGX) ‘ecosystem of rewards.’
Furthermore, NuggetRush’s (NUGX) future appears promising, with an active roadmap guaranteeing its position as a top meme coin. Upcoming events comprise the introduction of NuggetRush’s marketplace and the implementation of a NUGX staking mechanism.
Currently, NuggetRush’s crypto ICO& is in Stage 1 of its presale, with NUGX tokens valued at $0.010 each. Analysts insist now is the best time to buy since NuggetRush’s (NUGX) value will rise in November, ultimately reaching its listing price of $0.020, a 100% profit.
Axie Infinity (AXS) recovering as holders survive sharp drop
Axie Infinity’s AXS token seems to be on the verge of a significant recovery, given that most holders are currently at a loss after the cryptocurrency’s sharp decline in 2023.&
According to crypto trader Ali, 98.67% of Axie Infinity (AXS) holders bought the token at higher prices than its October 24 trading value, suggesting that selling pressure may have largely subsided.
Axie Infinity (AXS) price has experienced a dramatic fall, dropping from its peak of over $165.2 to a recent trading price of approximately $4.5, marking a staggering decline of over 97%. This steep fall erased profits for nearly all investors, except those who purchased Axie Infinity (AXS) at the lowest point.
Elsewhere, on October 20, 15.13 million Axie Infinity (AXS) new tokens worth $64.44 million were unlocked, according to official data published by token.unlocks.app. Since this unlock amounted to 11.5% of Axie Infinity’s supply of 141.31 million AXS, analysts expected the token’s price to drop.
On the contrary, Axie Infinity (AXS) remained stable and has since surged. On October 24, Axie Infinity (AXS) was trading at $4.61. Analysts expect AXS to rise to $5.35 by the end of 2023, supported by increasing demand for the token.
MANA price rises on Decentraland’s network activities
On October 9, 2023, SophiaVerse (SOPH) confirmed its partnership with Decentraland (MANA). Sophia the Robot, an AI-powered digital android from the SophiaVerse (SOPH) platform, installed the Decentraland AI Lab, marking the inaugural deployment of a virtual home by an AI cryptocurrency project within an established metaverse.
Decentraland (MANA) is a trailblazer in this field, having been at the forefront of the metaverse experience since 2017. Every SophiaVerse (SOPH) AI Lab visitor within Decentraland’s (MANA) metaverse can participate in an extensive promotional campaign to mark the new partnership.&
Special in-game virtual items will be awarded to players who invest at least 1,000 SOPH in wearables, equivalent to $101.20.
Elsewhere, Decentraland [MANA] boasted development on its network as it ranked top on the list of NFT projects by their development activity. High network development activity is considered bullish, but Decentraland (MANA) reacted slowly. Nonetheless, Decentraland (MANA) is rising with the rest of the crypto market.
On October 24, MANA was trading at $0.3471. Analysts expect MANA to rise to $0.4515 by the end of 2023, supported by network developments.
For more about NuggetRush and how to participate in the ongoing NUGX presale visit NuggetRush Presale Website.
The post NuggetRush, Axie Infinity, and Decentraland revolutionizing play-to-earn appeared first on CoinJournal.
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