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Memecoins lead the market in trading volume. Shiba Inu and Dogecoin pump! NuggetRush presale poised for runner-up

By:
on Mar 8, 2024
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  • Shiba Inu’s (SHIB) $14 billion market capitalization is one of the main topics on crypto news forums.
  • Dogecoin's (DOGE) rise above the $0.15 mark has mirrored the ongoing market bullishness.
  • NuggetRush’s (NUGX) presale growth points to great things to come.

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Bitcoin’s rally has triggered an increase for Shiba Inu (SHIB) and several top crypto coins. Dogecoin (DOGE) has followed, amid increased excitement around its upgrades.

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Yet, more focus turns toward NuggetRush’s growing presence in the gaming industry. NuggetRush has sold over 210 million NUGX tokens, indicating skyrocketing demand for its services. Yet, can NUGX become one of the top DeFi projects? Join the ongoing conversation.

Shiba Inu’s market cap triples in February

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Shiba Inu (SHIB) has maintained its position as one of the best cryptocurrency investments in 2024 after a sharp increase in February. Like other meme coins, Shiba Inu’s growth slowed in January. However, Shiba Inu (SHIB) recovered in February amid the market bullishness caused by Bitcoin’s recent surge.

SHIB traded at $0.000008946 on January 31. Two weeks later, SHIB had grown by 10.4% to $0.000009879 on February 15. SHIB then jumped by 2.1% to $0.00001009 on February 26. However, it leaped by 123.0% to $0.00002251 as of March 3.

Shiba Inu’s (SHIB) market capitalization rose to $19 billion, growing by over $14 billion in February alone. Yet, experts say SHIB’s rally might not continue due to expected competition from Solana meme coins. 

BONK and Dogwifhat have also become more popular, threatening Shiba Inu’s (SHIB) user expansion. Yet, some analysts say Shiba Inu’s investor sentiment will rise, pushing SHIB’s value up by 30.6% to $0.00002941.

Dogecoin exceeds the $0.15 mark

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Dogecoin’s (DOGE) bullishness has continued amid the current bull run in the crypto market. Investors increased their Dogecoin (DOGE) holdings in the past few weeks to keep up with the rising market bullishness. 

Dogecoin’s rise came shortly after it announced a new version upgrade on February 28. DOGE traded at $0.07933 on February 1. It jumped by 2.2% to $0.08109 on February 13. DOGE rose by 20.4% to $0.09767 on February 27 before leaping by 57.4% to $0.1538 on March 3.

There is also growing developer activity on Dogecoin (DOGE) caused by Libdogecoin’s upcoming launch. Analysts predict a growth of Dogecoin’s (DOGE) real-world utilities following the new launch. This could increase demand for Dogecoin’s services while pushing DOGE up by 35.0% to $0.2077.

NuggetRush: Turning blockchain gamers to artisanal miners

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NuggetRush’s (NUGX) introduction to the gaming sector will set a new precedent among play-to-earn networks. The network features standout gaming dynamics and the opportunity to win gold and NFT rewards.

NuggetRush (NUGX) focuses on mining in a virtual landscape containing vast expanses of land. As a player, you can build wealth by competing in mining challenges on NuggetRush. In return, you will enjoy NFT rewards and the opportunity to participate in a vibrant community.

NuggetRush (NUGX) is also passionate about supporting artisanal miners around the world. It does so by donating money raised from the game’s marketplace to causes that cater to the welfare of artisanal miners. Aside from NFTs, gamers can also win real gold.

Furthermore, NFT staking is available on NuggetRush, offering attractive payouts for varying lockup durations. NuggetRush’s (NUGX) presale has entered its launchpad round. Over 210 million NUGX tokens have been sold as its popularity soars further. NUGX’s value is $0.019 after its 90% value pump. When its value jumps to $0.020, NUGX will get listed on decentralized exchanges.

You can find out all things NUGX by visiting NuggetRush presale website.

This article is a collaboration between our Editors and our Partners, and it may contain sponsored advertising content and links. The content is not intended as financial advice and is for informational purposes only.

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