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NuggetRush (NUGX) captures the GameFi sector with its attractive play-to-earn model, while Aptos (APT) sees an increase in trading volume, up 129%, thanks to its partnership with Movement Labs; Meanwhile, Fantom (FTM) hits a 2-year high.
three tokens, NuggetRush (NUGX), Aptos (APT) and Fantom (FTM), stand out in the crypto space for their unique approaches and growth. Here we will explore its key features, market dynamics and future growth potential.
NuggetRush adds steam to GameFi
NuggetRush entered the cryptocurrency space with a pre-sale that has gained widespread popularity among investors. He demonstrates that new GameFi projects can use blockchain technology in an interesting way.
Interestingly, NuggetRush's play-to-earn (P2E) game unleashes an impact gaming model that sends participants to a virtual world where they earn tangible money by playing.
Players can customize their in-game characters to turn them into some of the coolest NFTs to invest in. These NuggetRush characters can mine many locations for precious minerals and gemstones that can be redeemed for real money.
NuggetRush's approach, in which participants receive various incentives to interact with the platform, has attracted global investors. Since the start of the pre-sale, NUGX has seen increased demand, selling over 242 million tokens and raising over $3 million.
Interestingly, NuggetRush's results don't just come from pre-sales. Its gaming-linked nft marketplace has attracted many Web3 enthusiasts, making NUGX a leading crypto investment.
Additionally, NuggetRush players who want to increase their profits can purchase the rare RUSHGEMS NFTs and sell them on the market for real gold. These in-game items can be staked for 20% APY, making them the top NFTs to invest in.
NuggetRush is in the Launchpad round and is trading at $0.019. At the end of the round, the token will rise to its trading price of $0.020. The project has sold over 242 million NUGX tokens and raised over $3 million.
Aptos partners with Movement Labs
The Aptos Foundation confirmed the collaboration with Movement Labs to incorporate the Aptos data availability layer with the Move Stack. The partnership strives to offer seamless interaction between Aptos and ethereum-based and Movement-based applications, networks and infrastructure.
On March 15, 2024, Aptos' trading volume increased by 129%, highlighting increased investor interest following the collaboration announcement. The circulating supply of APT stood at over 394.59 million on that day. The price of altcoins is expected to rise on these fundamentals.
Interestingly, Aptos recorded an increase in its value on March 18, moments after it broke through a key resistance zone, raising hopes among investors for a possible rise to $20. While Aptos bulls praise the coin for its notable security features such as the Aptos l1 blockchain and the AptosBFT PoS consensus mechanism, some experts are concerned about its short-term performance in the market.
On March 21, Aptos was trading at $15.41, up 18.48% over the past week. Analysts say APT will rise to $16.55 by the end of March, supported by its network evolution. Therefore, APT is a good cryptocurrency to buy now.
Fantom hits two-year high amid market turmoil
Fantom emerged as a notable player, showing significant resilience and strengthening its position as one of the leading altcoins in the sector. This past week, bitcoin (btc) has been falling, sending shockwaves throughout the market and causing massive losses among major altcoins.
Initially, Fantom also fell, but he weathered the storm and rose again. On March 20, 2024, Fantom hit a notable 2-year high of $1.08, representing a whopping 120% growth in the past month.
A major indicator of Fantom's strength is the massive increase in open interest. Since the end of January, open interest in Fantom has increased from $63.5 million to $267 million, an increase of nearly 320.47%. The rise suggests a huge boost in investor confidence and growing interest.
The main reason for FTM's price increase is that Andre Cronje, co-founder of Fantom Blockchain, reappeared on social media, promoting the project and commenting on its achievements. The move improved investor confidence, allowing the currency to rise significantly.
On March 21, Fantom was valued at $1.14, up from $25.32 over the past month. Experts believe that Fantom will rise to $1.25 by the end of March, thanks to increased buying pressure.
To learn more about NuggetRush, visit the NuggetRush Pre-Sale Website.
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