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Amid fluctuating market, Arbitrum reveals new defi partnership, Dogwifhat struggles with market conditions, while NuggetRush captures investor interest with its pre-sale.
Arbitrum (ARB) has introduced a new defi partnership. Dogwifhat (WIF) could fall further if the current slowdown continues. Meanwhile, NuggetRush (NUGX) It has become the preferred project for investors looking for more profitability. Its recently completed pre-sale sparked considerable interest.
Arbitrum welcomes Swaap Earn
Arbitrum's recent price drop has disappointed investors in the crypto community. The market optimism of March 2024 made Arbitrum one of the most in-demand cryptocurrencies. Onchain reports show that Arbitrum's market capitalization jumped to $4.6 billion in mid-March.
Analysts expected Arbitrum's rally to continue. However, bitcoin's sharp drop in April changed those expectations. The ARB was trading at $2.1178 on March 13. Two weeks later, ARB fell 21.84% to $1.6552 on March 27. It fell 37.56% to $1.0334 on April 13 before recovering 17.57% to $1.2150 on April 20.
Arbitrum could rise due to increasing defi activity on its network. On April 18, Swaap Finance announced a partnership with Arbitrum. Users will enjoy boosted defi opportunities on Arbitrum through the launch of Swaap Earn. Analysts say increased defi activity could push ARB's value up 25.02% to $1.5190.
Dogwifhat is priced at $3
Dogwifhat has suffered a sharp drop just like several meme coins in the crypto industry. Bullish memecoins like Dogwifhat and BONK topped investors' wish lists in March. Dogwifhat's market capitalization also jumped to $4.69 billion in March.
However, a sharp drop in WIF followed the cryptocurrency crash caused by the bitcoin price drop. WIF was trading at $2.6393 on March 13. Two weeks later, WIF rose 41.74% to $3.7412 on March 28. It remained bullish, jumping 12.26% to $4.2000 on April 8 before falling 27.80% to $3.0322 on April 20.
Dogwifhat could rise due to the expected surge in cryptocurrency demand following the recent btc halving.
Many analysts predict a resurgence of the memecoin boom. Furthermore, Dogwifhat's recent listings show its growing popularity. Analysts expect these factors to push Dogwifhat's WIF token up 20.73% to $3.6609. This could make WIF one of the leading cryptocurrencies.
NuggetRush's recent surge excites GameFi investors
NuggetRush's The already concluded pre-sale has done wonders in increasing the fame of the project. Many investors and gaming enthusiasts know NuggetRush (NUGX) as a prominent crypto gaming project that focuses on offering exciting artisanal mining adventures. NuggetRush offers the opportunity to become a professional artisanal miner in its 3D ecosystem.
Mining on NuggetRush will offer the opportunity to create viable businesses with high returns. The game offers all the necessary assets for players to establish their mining operations. NuggetRush also offers collaboration and solo opportunities in its mining game. Players can complete tasks alone or as part of mining pools that split shared task rewards.
NuggetRush's gameplay involves taking mining assets, such as workers and machinery, and building a business from excavating resources. The gaming marketplace offers seamless conversion of mining assets into cash, allowing players to profit from their trading operations. NuggetRush also offers additional earning opportunities to players in its ecosystem.
The game rewards players with nft prizes and funds for completing mining challenges. These nft assets could be machinery, mining workers, or rare gems. The game also allows players to stake nft assets in exchange for APY rewards. NuggetRush's nft staking mechanism pays up to 20% APY, depending on the selected staking duration.
As mentioned above, the NuggetRush pre-sale is now over. The project sold over 271 million tokens and raised over $3.8 million in revenue. The ROI of its blockchain ICO also reached 100%, indicating its strong growth potential. Now, NUGX is available on Uniswap. However, analysts expect NUGX's rise to double as their gaming adventures begin.
Learn more, visit the NuggetRush pre-sale website.
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