TLDR:
In recent crypto news, Shiba Inu’s Shibarium network has experienced a 99% decline in daily transactions. Meanwhile, analysts are optimistic about Binance Coin, predicting it will surpass its previous ATH. Amid the new gaming tokens flooding the market, analysts have picked NuggetRush as the project to give 100x gains.
In the last 6 months, there has been a massive rise in interest in AI tokens that have seen bullish price gains. Unfortunately, it appears their bullish momentum has slowed down, and gaming tokens have become the next big thing in the market. One such gaming coin is NuggetRush (NUGX). The new DeFi project fuses crypto benefits and play-to-earn mechanics.
NuggetRush is not just a game but a movement toward merging gaming fun and earning opportunities. Its gaming platform and NFT marketplace open several avenues for players to earn passive income. The game promises excellent gameplay where players can search for minerals and take part in quests.
Players get to experience first-hand mining operations as they explore lands in search of minerals. Along the way, they can win in-game assets and other rewards, which can be traded on NuggetRush’s NFT marketplace. NuggetRush has launched a presale phase where investors can buy its native token, NUGX, before its launch.
The token, which is priced at $0.019, offers holders access to the game and other benefits. Analysts have forecasted that the price of NUGX will rise 100x once the game launches and players begin to troop in. Those who buy NUGX now will see 100x growth in their investment, making it a good crypto to buy.
Shiba Inu’s (SHIB) Shibarium has seen a downturn in user activity. Daily transactions have plummeted to 9,000. Previously, Shibarium was recording daily transactions of over 7 million in December 2023 and up to an average of over 1 million daily transactions in 2024.
However, the recent decrease in daily transactions on Shibarium coincides with heightened competition in the market. Solana, for instance, has emerged as a strong competitor.
It has even surpassed Ethereum projects in active users thanks to the rise of Solana memecoins. In other news, Shiba Inu coin is down on the weekly price chart. As the largest of the ETH memecoins, Shiba Inu dropped 19.6% from a 7-day high of $0.00003378 to a low of $0.00002417.
Binance Coin (BNB) bulls are on the move again after the latest price correction that rocked the crypto market, sending bullish altcoins into the red region. While Binance Coin’s price dropped 9.1% in the past week, its performance has been bullish over the past month.
In March alone, BNB increased 61% to $645 on March 16, its highest value since November 2021. This rally propelled the altcoin price within 7% of its all-time high of $690, achieved on May 10, 2021.
One factor that analysts believe will push Binance Coin to a new ATH is the increased activity on the BNB Chain. At the moment, Binance Coin is fluctuating in the $506.95 – $629.03 price range. If bulls can push Binance Coin above the $600 and $650 resistances, it could set a new peak in the coming weeks.
Despite the challenges faced by Shiba Inu’s Shibarium network and the bullish forecast for Binance Coin, investors can count on NuggetRush. Analysts have predicted potential 100x gains for the altcoin, given its connection to the gaming sector, making it the best DeFi crypto to invest in.
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