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- ethereum's dominance over btc has increased by 22.4%.
- Solana recovers key support
- NuggetRush is carving out a unique niche on GameFi
ethereum has surpassed bitcoin in terms of investor sentiment following the approval of the ETF. As a result, eth's dominance over btc has increased by 22.4%. Meanwhile, some of the best altcoins have capitalized on the optimism around eth.
Solana (SOL) has reclaimed a key resistance level. Also, NuggetRush is approaching a major pre-sale funding milestone ahead of its launch.
ethereum's dominance over bitcoin increases by 22.4%
Despite the recent approval of bitcoin spot ETFs by the US SEC, the expected price increase for btc has yet to materialize.
By contrast, ethereum is up about 8% in the same time period.
While eth price has struggled to maintain the $2,600 mark, it has remained above the $2,500 support.
According to Santiment, ethereum's market dominance over bitcoin has increased by 22.4%.
Additionally, there has been an increase in new addresses and a decrease in eth held on exchanges, a net benefit for the price.
NuggetRush Pre-Sale Status
NuggetRush is a new project from GameFi that has gained a lot of attention for its hyper-realistic virtual world and its unique feature of offering real gold rewards for in-game achievements.
Players take their characters into the virtual mining world.
You can team up during missions to increase your chances of success.
Players can exchange found minerals and in-game gold for real money and gold on the market.
Additionally, players can stake NFTs from NuggetRush and earn 20% APY, which is good news for those who like to keep their digital collectibles for long periods.
However, NuggetRush also aims to have a lasting impact on society. A portion of the platform's rewards is dedicated to improving the living conditions of disadvantaged miners around the world.
NUGX is currently available for $0.015.
Solana recovers a key resistance
Solana has been trading below a declining trend line since hitting a multi-year high of $127 in December.
However, it has now broken and regained the critical $100 resistance level.
If SOL price stays above $100 over the next week, buyers can push the coin towards $150 in the coming sessions.
Final thoughts
eth is rising against bitcoin, benefiting other altcoins like Solana and NuggetRush. Consequently, experts say that SOL and NUGX, whose pre-sale is ongoing, will likely trend higher.
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