Traders back NUGX over PEPE after prices rose 20%
Release: 2023/11/09 17:41 Reading: 955
- NuggetRush is gaining momentum as a meme coin with the potential to outperform Pepe.
- NUGX offers a play-to-earn gaming model, NFT collections, and multiple utility tokens.
- The recent presale saw a 20% price increase in NUGX; experts believe it has room for more gains.
NuggetRush (NUGX) is a new meme coin that has attracted investors’ attention, especially in the ongoing presale, due to its potential for high returns.
Some investors believe NuggetRush can outperform Pepe (PEPE), a meme coin that previously delivered high gains. The platform’s structure and recent presale surge of 20% continue to drive its popularity.
Investors are closely observing the project as they believe that NUGX has the potential to outperform PEPE in the future.
NuggetRush dominating memecoins
NuggetRush offers a play-to-earn (P2E) gaming model that allows players to earn real-world value by mining in-game minerals and gold.
The project addresses the typical utility issue faced by meme coins by leveraging NUGX, a token that serves as both a governance and deflationary mechanism.
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NuggetRush not only features a gaming model but also presents a collection of non-fungible tokens (NFTs). This collection includes avatars and valuable RUSHGEMS, which can be traded for actual gold. By holding these tokens, users have the opportunity to earn a 20% Annual Percentage Yield (APY) on the value of their staked assets.
Investors who are optimistic about the NuggetRush project are attracted to its versatile token that can serve multiple purposes.
The presale of NUGX has already sold more than 29 million tokens, and the value of the token has increased by 20% since it was launched. There are still over 80% of gains to be obtained.
PEPE has potential but faces intense competition
The listing of PEPE on exchanges led to an immediate rally, resulting in substantial gains for investors.
Despite facing criticisms regarding its perceived lack of usefulness, PEPE has seen a remarkable recovery from its lowest point in the past two months. The cryptocurrency has surged by an impressive 128% and is currently experiencing significant trading activity.
Nevertheless, it encounters competition from emerging meme coins that possess greater growth prospects.
Conclusion
Investors can consider exploring NuggetRush, a meme coin that is known for its GameFi and NFT offerings. In contrast to tokens without any practical use, NUGX has been performing well and remains on an upward trend. As compared to its competitor PEPE, NuggetRush has outperformed in the market.
Visit NuggetRush presale website
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