Bitcoin dominance falls below 50%; 3 low-cap coins on investors' radar

• bitcoin prices fell below $41,200 and its dominance fell below 50%.
• Velas and Astar are up more than 85% and 100%, respectively.
• Having sold over 159 million tokens, NuggetRush is now in its latest pre-sale round.

bitcoin dominance is now below 50%, indicating a shift in power dynamics. Amid this shift, a group of small-cap altcoins, including NuggetRush (NUGX), Astar (ASTR) and Velas (VLX), are attracting investors.

NuggetRush, a meme project that combines blockchain technology, play-to-earn (P2E) games, social impact initiatives, and attractive rewards, is currently in the final stages of its pre-sale. Astar and Velas, on the other hand, are firm.

NuggetRush: GameFi meets real-world benefits

NuggetRush is a meme coin project with a play-to-earn (P2E) game.

Players can collect NFTs of characters, RUSHGEMS, and in-game assets, stake them for rewards, and exchange them for real-world value such as cash and gold.

In the ongoing pre-sale, NuggetRush has raised over $1.8 million and sold over 159 million NUGX across five rounds.

In this pre-sale round, NUGX is available for $0.018.

NUGX will trade for $0.020, a 100% return for early backers.

The project's vesting schedule allows investors to claim 50% of their tokens in the respective round they participated in.

Additionally, NuggetRush offers freebies for active participants, zero taxes and fees, and the ambitious goal of reaching a market capitalization of $100 million.

bitcoin dominance falls below 50%

bitcoin's dominance, a measure of its market share relative to the entire cryptocurrency market, has fallen below 50%, indicating a decline in its overall influence.

This drop coincided with a price drop of 11% in the last seven days.

The approval of bitcoin spot ETFs by the US Securities and Exchange Commission (SEC) initially fueled investor optimism, but this sentiment has since moderated.

The crypto Fear and Greed index, an indicator of market sentiment, has risen to 61 on CoinMarketCap, suggesting a shift from extreme fear to moderate fear.

This suggests that initial enthusiasm for the SEC's decision may have waned, leading to a more cautious outlook among investors.

Velas grows 100%

Velas is designed to support decentralized applications with ethereum Virtual Machine (EVM) capabilities.

This network is known for its fast speed, powerful development resources, and high security and efficiency.

Recently, Candle prices rose 100% in 30 days. Right now, it is up 380% from its all-time low.

Astar reaches key milestones

Astar Network now has more than 650,000 ASTR holders.

Additionally, Astar has incentivized teams within its ecosystem to develop usable products for users to interact with the protocol.

ASTR rose 311% last year, adding 85% in the last month.

Conclusion

NuggetRush, Velas and Astar are in an uptrend, which attracts investors. NuggetRush, in particular, has attracted meme coin investors looking for tangible utility and profitability potential.

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