TLDR
- SATS’ market capitalization has risen by $1 billion in early March.
- Stacks (STX) records a sharp increase in DeFi activity.
- NuggetRush’s (NUGX) presale revenue is now above $3 million.
SATS continues its surge in March. Stacks (STX) have also risen amid growing DeFi activity on its network.
Yet, all eyes are turning towards the sale of 222 million tokens in NuggetRush’s (NUGX) presale. NUGX could surge further following its recent 90% increase. Yet, can NuggetRush (NUGX) become one of the top gaming altcoins in Q1 2024? Let’s hear from experts.
SATS Could Reach a New ATH Amid Bitcoin’s Surge
SATS has continued its bullish performance in March. It followed other top altcoins, capitalizing on the widespread bullish sentiments in the crypto market. Reports from CoinMarketcap show that SATS’ market capitalization surged above $1 billion in early March.
SATS traded at $0.0000005086 on January 31. It dropped by 7.3% to $0.0000004714 on February 15. Nearly two weeks later, SATS increased by 3.7% to $0.0000004893 on February 27. By March 9, SATS surged by 32.5% to $0.0000006487.
SATS could rise due to excitement around the growing demand for Ordinals. Following Bitcoin’s surge, demand for Ordinals increased, pushing its sales volume up by 25.4% in the first week of March. Analysts expect this trend to continue, pushing SATS value up by 23.2% to $0.0000007994.
Stacks Records Strong Growth Metrics Amid Widespread Market Bullishness
The current market bullishness has overshadowed Stacks’ (STX) growth. Yet, its on-chain activity paints a picture of bullishness that has continued since 2023. Data from Signal21 shows that active accounts on Stacks (STX) have grown to the 60,000 range, rising by 50% since November 2023. Stacks’ (STX) cumulative unique wallets have also grown above one million.
STX’s 2024 performance has also been impressive. As of January 30, STX traded at $1.5359. It jumped by 68.4% to $2.5868 on February 16. STX soared by 19.8% to $3.1001 on February 28 before a 9.1% correction to $2.8156 on March 9.
Analysts expect further price growth on Stacks (STX) due to growing DeFi activity on its network. The extant supply of staked Stacks (stSTX) tokens has risen to 22.87 million, growing by 205% YTD.Â
The synthetic USD supply in Stacks’ ecosystem has also increased considerably. Analysts expect these factors to spur a 38.1% STX rally to $3.8890, making it one of the top crypto coins.
NuggetRush; Increasing Wealth-building Capabilities of Blockchain Gaming
NuggetRush (NUGX) is the right game to be released now that gamers are clamoring for projects with exciting adventures. Situated on Ethereum, NuggetRush is the chance to step into an artisanal mining ecosystem that promises gold and other valuable NFTs. With NuggetRush, gamers can collaborate while pursuing NFT rewards.
Some aspects of NuggetRush’s (NUGX) gameplay feature land surveys, digging tunnels and shafts, purchasing machinery, recruiting workers, and selling mineral resources.Â
As you progress through the game’s levels, you enjoy NFT rewards and significant boosts in the effectiveness of your mining operations. This leads to higher rewards and a more valuable gaming experience on NuggetRush (NUGX).
It also offers financial support to artisanal mining communities worldwide. This allows gamers to make a positive impact while enjoying its mining challenges. Another aspect of NuggetRush (NUGX) is that you can earn rewards for being an active community member. Some of these rewards include NFTs, game funds, and the opportunity to earn money from NFT staking.
NuggetRush (NUGX) could become one of the most popular NFT projects in the Ethereum ecosystem as its presale has sold 222 million tokens. Over $3 million has been raised from token sales. NuggetRush has completed five rounds of its presale with a total value increase of 90%. It now trades at $0.019 with a 90% value pump from the first round.Â
However, NUGX’s presale will close when its value jumps to $0.020.
