By Exploring the Rising Popularity of THORChain and NuggetRush in the Cryptocurrency Market
Last updated: November 23, 2023 04:19 EST
. 3 min read
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
TLDR
- THORChain (RUNE) has surged to third place in decentralized exchanges, with a remarkable $1.44 billion trade volume. Recent developments, including a 114.4% increase in Q3 2023 trading volume to $2.38 billion, highlight its dominance.
- NuggetRush (NUGX) is a new crypto project combining meme culture, play-to-earn (P2E) gaming, and real-world impact. With a community-owned game ethos, NUGX empowers users by restoring decision-making and data control.
The recent surge of THORChain (RUNE) in decentralized exchanges enabled it to secure its spot as the third-highest trade volume, reinforcing its position as a top native asset settlement protocol.
On the other hand, NuggetRush (NUGX) unveils a unique concept rooted in meme culture and play-to-earn (P2E) dynamics. It integrates crypto, gold mining, and artisanal mining into an engaging P2E game.
Let’s explore how THORChain and NuggetRush impact the crypto space with their growing popularity.
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THORChain (RUNE) is Third in DEX Trade Volume, Strengthening its Position as a Top Native Asset Settlement Protocol
THORChain (RUNE) has recently spiked to third place among the decentralized exchanges trade volume and has rapidly become a leading native asset settlement protocol.
The network has also contributed to its growth, operating as an alternative liquidity layer for centralized exchanges (CEXs). On November 15, 2023, trading volume reached a remarkable $1.44 billion, strengthening THORChain’s (RUNE) position as a large coin in the crypto sector.
DeFiLlama states that the protocol is nearing the industry leaders PancakeSwap and Uniswap. This growth marks a considerable milestone in THORChain’s (RUNE) journey toward dominance.
Several exciting developments thrive for the token as THORChain’s Q3 2023 report indicates impressive strides and blockchain milestones. This period saw an incredible 114.4% increase in total trading volume, reaching a remarkable $2.38 billion.
Additionally, the liquidity fees collected increased to $3.38 million. The positive momentum helped power RUNE’s bullish momentum, representing massive progress and achievements highlighted in THORChain’s latest report.
With the recent surge in RUNE’s price, THORChain’s ecosystem is buzzing with lots of enthusiasm. The spike in RUNE highlights a surge in interest and represents a growing confidence in the project.
The positive momentum links heavily to the ecosystem’s ongoing development. Reviewing THORChain’s (RUNE) performance in the past week, the upside momentum might persist.
On November 19, 2023, THORChain (RUNE) was trading at $5.81. Analysts expect RUNE to rise to $6.55 by the end of 2023, supported by developments on its network, making it a good crypto to buy today.
NuggetRush (NUGX) is a Unique P2E Project Integrating Meme Culture, Community, and Impact Gaming
NuggetRush (NUGX) is one of the latest projects within the crypto sector. But, it has a distinct concept rooted at the core of meme and play-to-earn (P2E) sectors. Its concept appears to have attracted investors and enthusiasts in huge numbers.
Moreover, NuggetRush’s (NUGX) real-world benefits and initiatives enhance its appeal, mainly among investors who like giving back to the community.
Interestingly, NuggetRush integrates meme culture, community, and P2E gaming. In the world of impact gaming, NuggetRush (NUGX) represents a community-owned game that helps restore decision-making and data control to the user.
On that note, NUGX’s value increases by enhancing a dedicated and strong community. Hence, since it is a community-backed project, it ranks among the best altcoins to invest in today.
Furthermore, NuggetRush (NUGX) is distinct because it integrates crypto, gold mining, and real-world artisanal mining into an exciting P2E game.
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A Living Ecosystem
Gamers contribute to the better lives of artisanal miners in developing countries. This method is evident in rewards’ and in-game items’ distribution to artisanal miners within underdeveloped nations. Hence, NuggetRush (NUGX) will be a captivating gaming experience and a worthy one with physical world impacts.
Gamers can also customize their avatars and build mining facilities to explore the crypto world of virtual mining, letting them earn different rewards. A group of mining experts assist with the operation. Interestingly, the team is chosen from the game’s characters.
On the flip side, players can team up with other players to go on their gold quests. Items collected within this game, including rare NFT items, mined materials, and character NFTs, can be sold or traded on NuggetRush’s marketplace.
Players can trade these cool NFTs in the marketplace as they progress into various stages.
NuggetRush’s (NUGX) tokenomics and clear roadmap appeal to investors with the project still in its presale. Despite the presale being in its second round, investors have participated actively.
NUGX is valued at $0.012 and will surge to $0.013 when the presale progresses to the third round. With current investors set for a 67% ROI when NUGX lists on mainstream exchanges at $0.02, experts say it is the best crypto investment in 2023.
Visit NuggetRush Presale Website
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