TLDR
- Avalanche has fallen amid the recent market-wide price correction.
- AVAX is now trading in the $30 range.
- NuggetRush (NUGX) could replicate the successes of The Sandbox with its metaverse mining game.
Avalanche continues to struggle with the January market correction, leading to speculations that its rally might be over.
AVAX holders are finding solace in NuggetRush’s (NUGX) NFT gaming adventure after its presale sold 143 million tokens. NUGX is dominating crypto news pages after growing by 50%. Yet, can it become one of the best cryptocurrency investments of 2024? Let’s hear from market experts.
Avalanche’s January Correction Continues
After soaring in late December, Avalanche (AVAX) recorded a significant price correction in early January. Avalanche had jumped in mid-December following increased investor sentiment triggered by demand for spot crypto ETFs. Avalanche soared, becoming one of the top crypto coins of late 2023. However, the crypto market took a slight downturn in early January.
AVAX cost $22.24 as of December 2. Its bullish momentum increased, and AVAX jumped by 117.4% to $48.35 by December 25. AVAX fell by 15.9% to $40.65 by January 2 as its bullish momentum declined. It fell further, dropping by 14.6% to $34.70 by January 9.
Avalanche’s (AVAX) decrease comes amid its plans to boost its meme coin holdings in 2024. Following the meme coin market frenzy of late December, Avalanche (AVAX) announced a plan to invest in meme coins.
Avalanche (AVAX) is hoping to boost its network activity. After upgrading its staking services in 2023, meme coins could help Avalanche become one of the best altcoins to buy. It could also push AVAX up by 38.1% to $47.94.
NuggetRush: Mining Adventures Launched on Blockchain Technology
The fun and intrigues of mining natural resources have never been so up close to video gamers. Thanks to NuggetRush (NUGX), users can now know what it means to be a professional artisanal miner. The game features a 3D world where gamers must employ mining workers while building a resource excavation business empire.
On NuggetRush (NUGX), each player can go from zero to running a valuable mining operation that spans multiple digging sites. All gamers need clever thinking to purchase the best mining hands and machinery to make their digging operations more efficient.
Players will receive some of these mining resources when the game starts. After making progress, they will also receive game rewards, which include equipment and mining NFT characters. However, players need strategic investments to ensure they rise to the top of the leaderboard.
Another good way to rise to the top of its mining pack is to collaborate with experienced gamers. NuggetRush (NUGX) even allows collaborations with real-life artisanal miners, so players have a good chance of boosting their wealth-building opportunities.
NuggetRush’s blockchain ICO has simplified the entry process into its mining community. Gamers who want to participate in NuggetRush have purchased 142 million NUGX tokens. This has caused a sharp increase in NUGX’s value since its presale was launched.
NUGX entered the first round of its presale, selling at $0.010. By round four, its value has increased by 50% to $0.015. The next round will bring a 20% NUGX increase to $0.018.
Visit NuggetRush Presale Website
Join our WhatsApp and Telegram Community to Get Regular Top Tech Updates
Wanda Parisien is a computing expert who navigates the vast landscape of hardware and software. With a focus on computer technology, software development, and industry trends, Wanda delivers informative content, tutorials, and analyses to keep readers updated on the latest in the world of computing.
