SPONSORED POST*
TLDR
- Avalanche’s (AVAX) transaction count has risen sharply since mid-October, indicating rising investor sentiment.
- AVAX’s value has soared by nearly 100% in November.
- NuggetRush (NUGX) is preparing to launch an immersive play-to-earn mining adventure.
Avalanche’s (AVAX) network activity has jumped since mid-October as bullishness in the crypto market has increased. Now, analysts speculate over a possible AVAX rally.
Yet, some investors are confident that NuggetRush (NUGX) has better investment prospects. NuggetRush (NUGX) is a mining experience that offers valuable rewards. Yet, can NUGX outperform AVAX to become one of the top altcoins? Let’s discuss.
Avalanche Records Increased Transaction Volume Growth in November
Avalanche’s has become one of the most popular DeFi protocols as its network activity has soared in the past few weeks.
Data from DeFiLlama showed that Avalanche’s trading volume stood at $82.05 million on October 17. By November 3, Avalanche’s (AVAX) trading volume had soared to $718.89 million. DEX activity on Avalanche had also grown considerably, indicating rising interest in the network.
Avalanche’s growing network activity likely spurred AVAX’s November rise. As of October 31, AVAX was trading at $11.32. By December 2, AVAX had soared by 96.4% to $22.24.
Some analysts pin Avalanche’s rising network activity on the excitement caused by rumors of possible Spot crypto ETF approvals in January. Following the news, trading activity has increased for several top DeFi projects like Avalanche.
Community members say Avalanche could rise further due to its recent SDK upgrades in September. They expect AVAX to end the year trading at $26.43, rising by 18.8%.
NuggetRush: 30% Growth Stuns Play to Earn Community
The blockchain gaming community is not new to exciting projects. Yet, NuggetRush has caught the community by surprise after unveiling an innovative mining challenge where gold and other rewards are available to players. The game features a challenging quest for mineral resources.
NuggetRush (NUGX) thrusts players into a hyper realistic mineral-rich terrain full of resources like gold. Players will then excavate these resources using appropriate machinery and skilled artisanal miners. Both machinery and mining characters come as NFTs.
NuggetRush (NUGX) also offers a standard marketplace where players can easily purchase new machinery, character NFTs, or upgrade other in-game collectibles. Furthermore, NuggetRush is one of the few NFT projects to allow staking of game items. Via NuggetRush’s NFT staking, players can earn money holding their NFTs for a fixed period.
All of these benefits are available to NuggetRush (NUGX) community members. To join NuggetRush, players can purchase NUGX tokens as part of the project’s ongoing blockchain ICO.
Right now, NUGX is in round three of its presale, trading at $0.013. By round four, NUGX’s value would jump to $0.018, growing by 15.3%. Furthermore, NUGX’s value would rise by 53.8% to its listing price of $0.020.
Visit NuggetRush Presale Website
*This article was paid for Cryptonomist did not write the article or test the platform.
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