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Three key players have recently made headlines for their remarkable journeys and market movements within the cryptocurrency industry.

Let’s explore NuggetRush (NUGX), a pioneering NFT crypto with a vision, Avalanche (AVAX), a contender experiencing both soaring highs and sharp descents, and Chainlink (LINK), a stalwart facing challenges in a volatile market.

Here is why NuggetRush is gaining attention from disappointed Avalanche and Chainlink investors.

NuggetRush is one of the best NFT crypto on the blockchain, helping expand the GameFi sector by integrating impact gaming into its groundbreaking model.

Boosted with the coolest non-fungible tokens that work as game characters in its metaverse, this project supports artisanal miners in underdeveloped countries.

Mining within the project is strengthened and needs players who start their adventure with resources to explore different mines, looking for minerals and treasures with physical value.

NuggetRush offers a thrilling gaming experience and offers many rewards to those participating in its staking protocol. On that note, they can stake their assets and earn 20% APY.

Another benefit of NuggetRush is the Rush Guild since it gives member governance rights and exclusive access to discounts, bonuses, and rewards.

These features and components will enable the asset to surge to the top of the decentralized cryptocurrency list, exceeding other coins with its advanced model.

This mechanism guarantees rewards on the platform can be changed into physical assets.

NuggetRush’s presale has sold out fast and is awaiting an airdrop before listing on mainstream exchanges. Investors can purchase NUGX tokens at $0.020 to benefit from the massive growth potential. 

NuggetRush has raised over $3.8 million, selling over 270.1 million tokens. With its massive growth potential, NUGX ranks as the best crypto investment today.

According to Messari reports, Avalanche recently recorded a massive surge in its total market cap.

Based on this data, the altcoin had recorded a staggering 344% quarter-over-quarter (QoQ) growth and a 326% increase year over year (YoY).

Additionally, AVAX recorded a massive surge in its Total Value Locked (TVL), gaining by 78% to reach over $1 billion in Q4, 2023.

At the time, Avalanche’s market cap rank had spiked into the top 10 altcoins list.

Nevertheless, the asset encountered a severe pullback as the entire crypto market dropped recently, and it has ceded most of the gains it had made recently.

The bears are dominating the market, with experts stating that more downside movement is expected for AVAX in the coming weeks.

On April 16, 2024, Avalanche was valued at $35.65, down 26.26% in the past week.

Analysts say the token will defend its support at $35.10 in April, awaiting the next price action. Thus, AVAX may not be a good crypto to buy due to increased uncertainty in its market.

LINK experienced a steep price drop on April 13, 2024. Notably, it lost 30% of its value, prompting quick reactions from its holders.

Many of the notable Chainlink holders in the red zone now have a tough decision of whether to sell at a loss or wait for market correction.

Recent data shows that just 15% of all Chainlink addresses are in profit, with most hoping for a price rebound to recoup their losses.

In recent days, nearly 100,000 LINK wallets lost their profitability, which has increased the selling pressure in the market.

Nonetheless, there is a possibility that most of these investors will hold their LINK tokens expecting a recovery.  

Although Chainlink is still one of the top altcoins, its recent drop has increased uncertainty in its market.

On April 16, 2024, LINK was trading at $13.66, down 22.66% in the past week. Analysts say the alt will hover near its support at $13.35.

For now, Chainlink price is still shaky, pushing investors away.

Visit NuggetRush Presale Website  

The post NuggetRush presale gaining more attention than anticipated: Is this as a result of disappointment on AVAX & Chainlink? appeared first on Invezz

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