Investment Focus for December: Exploring the Potential of NuggetRush, Blur, and NEAR Protocol

TLDR

  • OKX NFT sale volume has surpassed Blur
  • Near Protocol’s (NEAR) partnership with ZEP could spur a NEAR rally.
  • NuggetRush’s (NUGX) mining game has unveiled valuable rewards and NFT staking opportunities.

OKX has overtaken Blur in NFT sales volume despite the recent decline. Near Protocol could rally further due to its recent partnership with a major South Korean firm.

NuggetRush (NUGX) is now the talk of the crypto community after its presale recorded a sharp 30% increase. The project unveiled a one-of-a-kind mining adventure filled with gold rewards. Yet, can it outperform BLUR and NEAR to become a top ICO? Let’s talk about this.

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NuggetRush: New Hidden Gem in the Play-to-Earn Industry

NuggetRush (NUGX) is an adventure game with a super realistic mining experience, community participation, and high-value rewards. It features an exciting rush for natural resources scattered over NuggetRush’s (NUGX) vast lands. Players start with custom NFT avatars. As they progress, they will recruit other skilled miners and collect quality equipment for efficient mining operations.

NuggetRush’s (NUGX) landscape is littered with various NFT characters skilled in mining and business management. Players must exercise smart thinking and resource management by investing their game funds into the right miners and equipment.

As they excavate resources, they can swap them for game funds on NuggetRush’s (NUGX) marketplace. NuggetRush (NUGX) is a strong opportunity to earn money from enjoyable play-to-earn and gaming activities.

The game features several benefits aside from high-value NFT rewards. Members of its Rush Guild Council are entitled to governance privileges and access to restricted territories within the mining adventure. Furthermore, all NFT holders will enjoy staking benefits, thus allowing them to make money while holding their game assets. Finally, NuggetRush (NUGX) also offers special gold rewards via RUSHGEM NFTs.

Despite the widespread excitement around NuggetRush (NUGX), its mining game is yet to launch. It is holding a presale that sold over 94 million tokens, indicating a growing interest in the mining adventure.

The project has also raised over $950,000 in revenue alongside a 30% token value increase. NUGX traded at $0.010 in its initial round However, it now trades at $0.013 by round three of its presale after growing by 30%. NUGX would jump by another 58.3% to its listing price of $0.020. Such an increase would make NUGX one of the top crypto coins to buy in 2024.

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OKX NFT Marketplace Surpasses Blur

Data from DappRadar revealed that the daily NFT trading volume on OKX has surpassed Blur. The report showed that trading volume on OKX had risen to $35 million as of December 18, while Blur’s trading volume stood at $15 million.

The news comes amid a drop in NFT activity that led to BLUR’s market volatility. BLUR traded at $0.2557 on October 30. Nearly four weeks later, BLUR jumped by 152.4% to $0.6456. However, its bullish momentum declined, and BLUR fell by 19.8% to $0.5172 as of December 19.

Some analysts say Blur’s trading activity would remain second to OKX after a successful phishing attempt on the network. The attacker had stolen 7,304 Meebits and 185 CryptoPhunks from Blur. This could further reduce network activity on Blur due to heightened security concerns, possibly pushing BLUR’s price to fall by 9.6% to $0.4672.

Near Protocol Slows Ater Metaverse Pa3rtnership with ZEP

Near Protocol’s (NEAR) market performance has slowed considerably despite excitement around its partnership with ZEP in November. ZEP, a metaverse platform in South Korea, announced plans to build a new line of services on Near Protocol. The news came amidst the widespread bullish sentiments that spurred a NEAR Protocol rally.

NEAR traded at $1.5283 at the start of November. After news of its partnership with ZEP on November 12, NEAR jumped by 11.1% to $1.6980. As market bullishness increased, NEAR jumped by 34.5% to $2.2845 by December 19.

Near Protocol could jump further due to growing calls for crypto exchange-traded funds. Investors have been increasing their crypto holdings due to expectations that the first crypto ETFs could come in Q1 2024.

This could boost trading activity for rising networks like Near Protocol, further pushing NEAR’s value up by 52.5% to $3.4845. If Near Protocol keeps rising, it could be one of the top DeFi projects to buy.

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