TLDR
- Dogecoin (DOGE) has recorded a significant decrease in early January.
- Its market capitalization has dropped by $2 billion despite widespread bullishness.
- NuggetRush (NUGX) has created a play-to-earn adventure where gamers will earn NFTs, gold, and community participation rewards.
Dogecoin’s market capitalization has dropped by over $2 billion since December. Analysts now expect a DOGE decline if things stay the same.
DOGE holders are increasing their NuggetRush (NUGX) holdings after the mining game sold 155 million tokens in its presale. The game will also offer gold rewards. Yet, can NUGX become one of the best DeFi projects? Let’s hear from NUGX supporters.
Dogecoin Market Capitalization Falls Since December 2023
Despite the ongoing bullishness in the crypto market, Dogecoin (DOGE) has fallen significantly . Data from CoinMarketCap showed a $2.68 billion decrease in Dogecoin’s market capitalization since mid-December.
The fall coincided with DOGE’s decline in the same time frame. DOGE’s December 2 value was $0.08628. By December 8, DOGE jumped by 17.6% to $0.1015. It fell by 9.3% to $0.09202 by January 1. DOGE’s bearishness continued, and it fell by 13.0% to $0.08005 by January 11.
Dogecoin’s (DOGE) fall coincides with rising bullishness in the market since December. The market bullishness could continue after the recent approval of spot Bitcoin ETFs. Analysts say this could increase demand for community-driven meme coins like Dogecoin.
It could also help Dogecoin reverse its bearish trend. If things go as expected, Dogecoin’s DOGE token could jump by 16.2% to $0.09305. DOGE could also surpass several altcoins if its bullish momentum continues.
NuggetRush Unveils Innovative NFT Staking Opportunities As Its Presale Nears Round Five
NuggetRush (NUGX) is both an NFT gaming network and an ecosystem for lovers of artisanal mining. It features multiple simple and complex tasks, ranging from digging soils to selling mined natural resources on its marketplace. The game offers the opportunity to indulge your adventurous side.
NuggetRush also features several mining adventures that offer valuable prize rewards. Gamers are thrown into a 3D universe packed with NFT characters. These NFTs include your workforce and mining machinery. Without them, you can never get off the ground in NuggetRush (NUGX). Gamers need the abilities of their NFT characters and machinery to complete mining tasks.
Its gameplay features quests, ranked play, competitions, and battles. The more efficient your mining operations are, the higher your chance to win quests and rewards on NuggetRush (NUGX). One of the standout features of the game is the provision of NFT staking benefits. Instead of selling their NFT assets, gamers can earn up to 20% APY, depending on their stake duration.
NuggetRush (NUGX) is in round four of its presale after its blockchain ICO sold over 155 million NUGX tokens. Its current market value stands at $0.015. NUGX first traded at $0.010. Yet, it has grown by 50% to its current value. By round five of NUGX’s presale, its value would rise to $0.018. NUGX could become one of the top crypto coins due to its bullish trajectory.
