Key Takeaways:
- There are now more than 1 million validators on the Ethereum network, raising concerns among investors.
- The price of Cardano has remained flat at the between $0.6063 and $0.6819 range.
- The 100x potential of NuggetRush has drawn the attention of investors.
According to recent reports, more than one million Ethereum validators have reached a noteworthy milestone. Meanwhile, Cardano investors are showing interest in a new token with 100x potential. The new token called NuggetRush has become the best cryptocurrency to buy and a safe haven for investors who want to expand their portfolios.
NuggetRush’s (NUGX) 100X Potential and Gaming Platform
NuggetRush (NUGX) is a top DeFi project that merges memes with utility. It has captured widespread interest in the crypto verse, with more than 259 million tokens sold. Its immense growth potential as one of the 100x tokens has been a major attraction. However, its unique combination of play-to-earn (P2E), GameFi, NFTs, and memes is a bigger attraction.
The upcoming P2E game, centered on gold mining and NFTs, promises players exciting gold search adventures. There is the chance to earn rewards by running mining operations. Also, you can collaborate with others or select in-game characters that also function as NFTs.
Interestingly, you can exchange the in-game assets they collect on the NFT marketplace for real money. This real money-making opportunity makes NuggetRush a good crypto to buy. But NuggetRush has more objectives than merely having fun. Through its humanitarian endeavors, it hopes to have a good influence by supporting artisanal miners in underdeveloped areas.
NuggetRush is preparing to introduce its NUGX token on multiple markets as the cryptocurrency ICO draws to a close. Market analysts predict up to 100x returns for early investors, pointing to a promising future. Currently, the NUGX token is priced at a modest $0.019.
Ethereum (ETH) Crosses $1 Million Validators
The Ethereum (ETH) network has reached a new milestone as the crypto community awaits the SEC’s verdict for a spot Ethereum ETF. On March 28th, the Dune Analytics dashboard showed Ethereum staking had hit a milestone of one million validators.
Additionally, there are currently 32 million ETH staked. This represents 26% of Ethereum’s entire supply, with 32 million ETH invested. About thirty percent of this Ethereum is currently staked using the Lido staking pool, which facilitates liquid staking for proof-of-stake (PoS) coins.
In other developments, over the previous week, the value of the Ethereum coin has fluctuated between $3,286.80 and $3,664.36. The altcoin price failed to break above the $4,000 resistance even with the most recent market spike.
Cardano (ADA) Price Movement Remains Sluggish
Like Ethereum, Charles Hoskinson’s Cardano (ADA) has performed poorly in the past week. The altcoin, which many expected to see bullish price movements like Solana memecoins, has been consolidating in a narrow price range.
According to CoinGecko, the Cardano coin has been trading between $0.6063 and $0.6819 in the past week. The only bullish gain on its price chart is a year-to-date gain of 69.6%. The monthly and weekly gains of 4.0% and 0.8% are quite low for a coin of such popularity.
On the bright side, Cardano bulls have held ADA above the 50-Day SMA ($0.634270) and 200-Day SMA ($0.477778). If they can maintain this momentum, ADA could rise to $0.70000 in the coming weeks.
Conclusion
With Cardano’s poor price performance, investing in the NuggetRush project is a good idea. Apart from being one of the bullish altcoins in the market, the platform has an engaging game where you can earn free tokens and popular NFTs.
