Key Takeaways:
- Mina Protocol (MINA) has jumped significantly since October.
- Its market capitalization has also increased significantly due to a jump in its trading activity.
- Investors predict a price leap for NuggetRush (NUGX) after its 50% presale growth.
Mina Protocol (MINA) has capitalized on the current bullish momentum triggered by spot crypto ETFs. From early November to late December, Mina Protocol has increased by over 100%. Still, analysts say NuggetRush’s (NUGX) mining game holds more potential due to its wealth-building capabilities and high meme coin utilities. NUGX’s value has also risen by 50% since its presale kicked off. Yet, can NUGX outperform MINA? Let’s hear what experts think.
Mina Records 100% Growth Since Late October
Mina Protocol (MINA) has recorded a remarkable increase since the end of October. Data from CoinMarketCap showed a $700 million increase in Mina Protocol’s market capitalization since October 27. Mina Protocol accounts also grew to nearly 200,000 in late December. The rise in Mina Protocol’s network activity coincided with its late 2023 increase.
As of October 30, MINA traded at $0.5903. MINA jumped to $0.7596 by December 2. As its network activity increased, MINA jumped by 83.0% to $1.3904 by December 26 before correcting by 1.6% to $1.3677 as of December 29.
Mina Protocol’s (MINA) increase will likely continue due to the prevalent bullish sentiments in the crypto market. Token holders are keenly looking forward to the approval of spot ETFs.
Several investors have upped their holdings of digital assets, thus boosting trading activity for projects like Mina protocol. Analysts expect MINA to rise by 21.2% to $1.6577 if the market bullishness remains. If Mina Protocol reaches $2.00, it could be one of the best cryptocurrency investments for beginners.
NuggetRush: Analysts Expect Meteoric Increase For Mining P2E Network
Meme coins are infamous for having low utility. However, several projects have made great moves to change that narrative. Yet, analysts say NuggetRush (NUGX) could be the most convincing attempt to change the narrative around meme coins. The project is an Ethereum-based play-to-earn network.
It comprises an exciting mix of video gaming, NFT ownership, and community participation. Fundamentally, NuggetRush (NUGX) is a meme coin ecosystem where community members celebrate their love for artisanal mining. Players will participate in a realistic mining adventure that comprises simple and complex tasks.
The higher players go, the more rewards they are eligible for. These rewards will range from mining equipment to artisanal miners. Players will also receive in-game money and other collectibles. These NFTS offer high financial value to holders. Furthermore, NuggetRush includes NFT staking as part of its services, allowing players to earn money while holding on to their precious NFTs.
NuggetRush’s (NUGX) uniqueness has not gone unnoticed in the crypto community. Its ongoing blockchain ICO has surprised analysts after growing by 50% since its launch. Token sale count has reached 130 million, while revenue has surpassed $1.45 million.
NUGX’s presale in its fourth round with a value of $0.015. The next round will bring a 20% increase to $0.018. Furthermore, NuggetRush will launch the mining game when NUGX’s value soars to $0.02.
