TLDR
- The Sandbox (SAND) has unveiled plans to invest more on its creator economy.
- Gala could jump due to market bullishness triggered by spot crypto ETFs.
- NuggetRush’s (NUGX) gold reward opportunities could make it an investor favorite.
The Sandbox will boost creator spending with its special SAND fund. Gala’s price could jump as investors boost their blockchain investments amid excitement around spot Bitcoin ETF approvals.
Still, NuggetRush’s (NUGX) gaming adventures could become one of the most popular NFT P2E experiences. The game also offers NFT and gold rewards. Yet, can NUGX outperform altcoins like SAND and GALA? Let’s talk about it.
NuggetRush Could Become the Next Blue-Chip Cryptocurrency in the Play-to-Earn Industry
The popularity of play-to-earn NFT gaming continues to rise as more exciting gaming networks have been released. Yet, analysts say NuggetRush’s upcoming launch will set a new precedent in the gaming world. NuggetRush (NUGX) is a mining adventure with NFT characters and the opportunity to win real gold.
The game allows players to become artisanal mining entrepreneurs. NuggetRush (NUGX) offers multiple NFT characters to aid your mining activities. Your job as a gamer is to build an efficient workforce and empower them with appropriate machinery. The efficiency of your mining business will depend on how skilled your NFT characters are.
For maximum rewards, gamers should recruit the most efficient mining workforce possible. NuggetRush (NUGX) will give out some mining workers as rewards. Yet, most will come from the game’s high-quality marketplace. NuggetRush (NUGX) allows P2P trading, so you can swap NFT assets among other players. You can also sell off game collectibles for cash on the game’s marketplace.
NuggetRush was not expected to sell 160 NUGX million tokens by round five of its presale. Furthermore, its blockchain ICO has raised nearly $1.9 million in token sale revenue. Round one NUGX buyers also enjoy an 80% increase from its first price of $0.010. NUGX’s current value is $0.018.
The Sandbox Unveils Special Fund to Empower Creators
On November 3, 2023, The Sandbox unveiled a 100 million SAND fund to empower creators on its network. The move signaled an increase in its creator support fund. Furthermore, it came a few weeks before The Sandbox’s late 2023 rally.
SAND traded at $0.4151 on December 1. At the turn of the year, SAND jumped by 45.5% to $0.6042 as of January 1. However, SAND lost bullish momentum and fell by 16.0% to $0.5070 as of January 17.
The Sandbox (SAND) could also get a boost from the expected increase in NFT trading. On December 15, 2023, The Sandbox launched a new NFT marketplace on Polygon. The move could boost The Sandbox’s activity when demand for NFTs increases. This could further push SAND up by 27.7% to $0.6479. If The Sandbox (SAND) grows further, it could be one of the top DeFi projects.
Gala Games Could Capitalize on Spot Bitcoin ETF Approvals
Gala could be the latest project to capitalize on the growing excitement around spot Bitcoin ETFs. On January 10, 2024, the Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs. Analysts say the news would increase investor sentiment in the crypto market.
This could help push Gala to the $0.03 range. GALA’s December 2 price stood at $0.02655. It jumped by 20.9% to $0.03212 by January 1. GALA’s bullish momentum declined, and it fell by 20.6% to $0.02549 as of January 17.
Play-to-earn gaming is set to become more popular, especially after the growing popularity of Decentraland. Furthermore, analysts say investors will increase their crypto holdings to capitalize on the prevalent market bullishness. They conclude that GALA could jump by 41.1% to $0.03599 if the market bullishness remains.
