- Solana loses bullish momentum amid BONK’s decline.
- SOL has now fallen below the $100 mark.
- NuggetRush’s (NUGX) mining game has sold 142 million tokens by round four of its presale.
Solana (SOL) has fallen as NFT activity declined in early January. A corresponding fall on its Bonk meme coin has investors doubting if SOL can recover in Q1 2024.
Experts are now advising a pivot to NuggetRush (NUGX) after its presale sold 142 million tokens and raised over $1.6 million. Can NUGX become one of the best new ICOs? Read on to find out what experts think.
Solana Declines Amid Fall of its Meme Coin Projects
Like other top altcoins, Solana (SOL) has succumbed to the ongoing bearish pressure in the crypto market. Solana became the fourth largest cryptocurrency by market capitalization after meme coin activity on its network soared. As Solana’s network activity increased, the SOL token skyrocketed, crossing the $100 mark in the final weeks of 2023.
Solana’s SOL token traded at $59.80 on December 1. Its bullishness skyrocketed, and SOL jumped by 88.1% to $112.49 by December 24. However, that momentum declined, and SOL fell by 2.6% to $109.51 on January 1. SOL declined further, falling by 18.4% to $89.28 by January 7.
Analysts pin Solana’s fall on the decline of NFT activity on its network. Solana’s-BONK meme coin has recorded an $800 million market capitalization drop since December 15. However, Solana could rise due to its high-level DeFi partnerships in 2023. DeFi activity could jump significantly, boosting demand for altcoins. This could push SOL up by 15.8% to $103.44.
NuggetRush Shines in the Gaming Industry After Stellar Presale Numbers
NuggetRush (NUGX) is a soon-to-launch mining adventure that could become one of the main players in the NFT gaming industry. It offers a voyage into a 3D world where gamers build wealth by becoming professional artisanal miners. The game rewards players who are clever in setting up and running mining enterprises.
On NuggetRush (NUGX), players set up their mineral extraction business by employing skilled hands and purchasing mining equipment. Each time players successfully excavate natural resources, they earn money from selling them on the game’s marketplace. NuggetRush (NUGX) also rewards players with game funds and collectibles.
To build vast wealth from NuggetRush (NUGX), gamers should explore its landscape, searching for mineral deposits and establishing mining operations. You do not need to worry about mining experience, as NuggetRush’s gameplay comprises experienced miners and business managers. You can sell game collectibles like NFT characters and machinery, thus earning real money from your gaming activities.
NuggetRush (NUGX) has sold over 142 million tokens in its presale. It could now become one of the most popular NFT projects. Furthermore, it has stunned investors after growing by 50% from its earliest price of $0.010.
NUGX is now in Round Four of its presale. Its current value is $0.015, but it will rise by 20% to $0.018 by the next round. NUGX’s listing will come once its value soars to $0.020.
