Ad

Shiba Inu and Polygon investors turn to NuggetRush as it shows resilience to bearish market

By:
on Apr 6, 2024
Listen
  • Shiba Inu's price has dropped 9.5% on the weekly chart.
  • Polygon (MATIC) turns red on all timeframes.
  • With the NuggetRush presale ended, investors are awaiting its launch on exchanges.

Follow Invezz on Telegram, Twitter, and Google News for instant updates >

The crypto market is yet to recover fully from its latest town. Altcoins like Shiba Inu and Polygon are currently trading in the red with chances for more price drops.

Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.

Meanwhile, NuggetRush has finished its token presale, selling over 270 million tokens. The next step is the listing on exchanges, which will take place in the next 20 days.

NuggetRush (NUGX): less than three weeks to DEX listing 

Copy link to section

NuggetRush (NUGX) has ended its presale phase, selling over 270 million NUGX tokens. In addition, the project also raised $3.75 million during the entire presale thanks to the huge interest from retail and large investors. With the end of its ICO, NuggetRush investors are awaiting its airdrop and listing on exchanges. 

There has been a lot of hype around NuggetRush because the game allows players to enjoy a virtual mining experience – just like the physical mining process. 

Players are given tools and machinery to work with. They are also allowed to partner with other miners to make the whole process faster and increase their chances of getting rewards. 

To make the whole process interesting, NuggetRush has added trending NFTs, an NFT marketplace, challenges, and RUSHGEM NFTs. 

The RUSHGEM NFTs are very special, as those who win them can win real gold. This real gold can be delivered to the player anywhere they are. 

In addition, NuggetRush promises enhanced security and transparency. As a result, its smart contract has been audited by SolidProof, a top security platform. 

The game’s native token, NUGX, plays a major role in its ecosystem by facilitating transactions. Also, it gives its holders other benefits and access to top-notch features.

Shiba Inu (SHIB) price plunge continues

Copy link to section

Shiba Inu (SHIB), the second largest meme coin by market cap, continues to battle with bearish pressure. The altcoin price dropped in April, mirroring the overall crypto market, which is bearish. Data from CoinGecko showed that there is a 9.5% price plunge on the weekly chart. 

With this poor price movement, investors are losing faith in Shiba Inu. However, analyst Captain Faibik remains bullish. 

He has forecasted that Shiba Inu could see a 2x gain in April and reach $0.000058. However, more buyers would have to enter the market to lead such a rally.

Polygon (MATIC) price drops on all timeframes 

Copy link to section

Polygon (MATIC) has been one of the underperforming altcoins lately in the market. Its price has been promising to surpass the $1.00 mark lately after a breakout from a major resistance. 

Unfortunately, Polygon’s price dropped greatly on April 1st. This disproved crypto analyst World of Charts’ bullish prediction of 10-12%.

At the moment, Polygon MATIC is exchanging hands at the $0.90 region. Its price has dropped 15.3% in the past week and 15.6% in the past month. 

Additionally, Polygon has a year-to-date loss of 18.8%, making it not a good crypto to buy.

Final words

Copy link to section

While Shiba Inu and Polygon are battling with bears, NuggetRush price gas soared 100% in the past few months. 

Analysts have predicted that another price surge will occur after its listing on exchanges. Investors looking for what crypto to buy could try NuggetRush which is expected to trade at $0.02 per token when it hits DEXs.

For all information NUGX you can  visit the 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.

Collaborations Polygon Shiba Inu Altcoins Crypto