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Summary
TLDR
- Solana (SOL) is now trading below $150.
- Toncoin’s (TON) partnership with MEXC could boost its chances of a price recovery.
- NuggetRush’s (NUGX) upcoming airdrop is attracting more users to its network.
Solana (SOL) has announced a new partnership amid disappointment around its recent price slump. Toncoin has also dropped amid the market-wide price tumble.
Investors are now resizing their portfolios and moving to NuggetRush, a gaming project that sold over 271 million presale tokens. NUGX’s fame has risen as the market anticipates its upcoming airdrop. Yet, can it become one of the most popular NFT games? Let’s discuss.
Solana Partners with Owlto Finance
Solana’s (SOL) decline has worsened in the second week of April as the market grapples with a price correction. Bitcoin dropped despite returning to $70,000 in mid-April. This caused a sharp reduction for many top altcoins, including Solana.
On-chain reports show that Solana’s (SOL) market capitalization dropped by $17 billion in April as it fell below the $200 mark. SOL traded at $148.75 on March 11. It jumped by 28.20% to $190.70 on March 26. SOL remained bullish, rising by 6.38% to $202.87 on March 31. A market-wide price correction pushed SOL down by 31.31% to $139.34 on April 13.
Solana (SOL) could recover due to a new partnership with Owlto Finance. The partnership will bridge Solana and over 20 networks. Owlto users can also transfer $USDC on Solana via its integration with Circle’s CCTP.
Analysts say rising DeFi activity on Solana could push SOL’s value up by 40.34% to $195.55. Furthermore, analysts say crypto prices will surge after Bitcoin’s halving. Some believe Solana’s SOL token could reach a new ATH following the halving event.
Toncoin Stays in the Green Zone as Crypto Prices Fall
Toncoin (TON) has remained one of the most bullish altcoins in the current crypto climate following the market-wide price fall. Many top crypto coins suffered sharp declines as the impact of Bitcoin’s correction swept through the crypto market. Toncoin (TON), however, remained bullish, spurred by its recent ascent to a new all-time high.
On-chain reports show that Toncoin’s (TON) market capitalization dropped by $3 billion in the second week of April. TON traded at $3.2876 on March 11. Two weeks later, TON jumped by 53.25% to $5.0384 on March 26. TON soared by 43.93% to $7.2521 on April 11 before declining by 17.97% to $5.9486 on April 13.
Toncoin (TON) has announced a new partnership with the MEXC DeFi platform. Both firms will develop a new Toncoin staking product. Users will enjoy up to 10% APR rewards on the new TON staking product. Analysts say increased demand for Toncoin products could push TON’s value up by 34.47% to $7.9996.
Investors Rue Missing Out on NuggetRush’s 100% Value Surge
Some investors are now in regret over missing out on the 100% value surge in NuggetRush’s presale. NuggetRush (NUGX) first stole attention after revealing an exciting mining game with high potential for financial rewards. It lets players participate in mining challenges that revolve around excavating and selling mined resources on a high-quality marketplace.
These challenges will test your adventure spirit while showing you the ropes of artisanal mining. You will participate in mining tasks that range from soil surveys to selling refined mineral resources to other gamers. NuggetRush (NUGX) will also let you work with other gamers as you set out to accomplish your mining tasks. Its collaboration opportunities allow players to form mining guilds and partnerships.
NuggetRush (NUGX) also offers rewards ranging from equipment and workers to game funds and specialized gold-backed NFTs. The game gives RUSHGEMS, a type of NFT that players can swap for gold on its marketplace. NuggetRush (NUGX) also allows players to stake their NFTs in return for APY rewards. This would allow them to hold onto their assets while earning profits.
NuggetRush (NUGX) is one of the top performers in the gaming industry in 2024, as it sold over 270 million tokens in its now complete presale. The project also generated over $3.8 million from the sale of tokens. NUGX’s value surged by 100% to its listing price of $0.020. Analysts say NUGX’s growth makes it one of the best-performing new ICOs.
Visit NuggetRush Presale Website
*This article was paid for. Cryptonomist did not write the article or test the platform.
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