GALA And Ronin Gain Significantly As Capital Rotates To Gaming Tokens; NuggetRush P2E Project Gains Traction From Market Trend
In Brief
The impressive presale performance confirms NuggetRush’s (NUGX) potential dominance in the crypto industry once it launches in the mainstream market at the end of its cryptocurrency ICO
TLDR
- GALA, Gala Games’ digital currency, surged, doubling its value in under three days, reaching a market cap above $2 billion. This surge reflects increasing investor enthusiasm in the GameFi space.
- Ronin (RON) network hit a new all-time high on March 13, surpassing its previous record set in 2022. The token surged to $4.45 before consolidating around $4.31. The recent surge is attributed to the success of the Pixels game.
- NuggetRush (NUGX) is a GameFi project aiming to build a vibrant gaming community while supporting artisanal miners. Players earn rewards and NUGX tokens through various in-game activities.
Gala Games’ digital currency GALA recently captured the spotlight with an extraordinary surge, doubling its value in three days. Meanwhile, the Ronin (RON) network has been on an impressive trajectory, hitting a new all-time high price on March 13. Yet, NuggetRush (NUGX) emerges as a beacon of promise within the GameFi landscape with a design that boosts a socially driven gaming community. Gala, Ronin, and NuggetRush paving the way, and the landscape of GameFi tokens continues to thrive.
Gala (GALA) Surges: Doubling Value Sparks Enthusiasm in GameFi Community
Gala Games’ digital currency, GALA, recorded an impressive surge, doubling its value in less than three days. The surge in GALA’s value pushed the asset’s crypto market cap above $2 billion, highlighting an increase of at least $1 billion in a week. This GALA surge highlights a growing enthusiasm for this altcoin among investors and the general GameFi space.
Investors and market analysts are carefully observing GALA’s massive surge, questioning whether the price increase will be sustainable in the long term. Although market indicators suggest GALA might be overbought, the general market sentiment and technical analysis point to a possible increase in value in the current bull cycle.
Gala Games has actively engaged in initiatives to support its GALA token, including the recent launch of GalaSwap DEX. These strategic developments have boosted GALA’s adoption and sparked growing interest in the crypto space. The launch of GalaSwap DEX has significantly increased GALA usage, solidifying its position as a decentralized hub for gaming and media.
On March 13, 2024, GALA was trading at $0.074, up 80.11% in the past week. Experts believe GALA will rise to $0.082 in March supported by growing demand for the token.
Ronin (RON) Hits New All-Time High: Network Growth Propels Surge in Value
Ronin’s (RON) network continued its recent price rally on March 13, reaching a new all-time high (ATH) price to surpass the record set in 2022. Ronin’s (RON) token surged to $4.45 on March 11, although it has since cooled down to consolidate around $4.31.
The previous all-time high Ronin (RON) value was $4.29, reached in January 2022. Interestingly, Ronin (RON) has more than doubled in value in the past three months due to the rise of Pixels, a social farming game designed around NFTs and the PIXEL token.
Sky Mavis, the developer of Ronin’s (RON) blockchain and its Axie Infinity game, confirmed the next game will come to the Ethereum gaming sidechain: Kaidro. Ronin (RON) network is also onboarding more developers and games. All these developments have attracted liquidity and fund inflow to Ronin’s (RON) network, enabling its price to surge considerably.
On March 13, 2024, Ronin (RON) was valued at $4.33, up 52.50% in the past week. Experts say RON will rise to $4.65 in March, supported by developments on its network.
NuggetRush (NUGX): Enhancing GameFi with Socially Focused Gaming
NuggetRush (NUGX) is a newly launched GameFi project that is well-designed to create a socially focused and entertaining gaming community. This project delivers an extensive gaming experience that rewards participants impressively and supports artisanal miners working in undeveloped nations. This utility enables it to rank among the top altcoins in the market.
Notably, NuggetRush (NUGX) enjoyed increased interest in the crypto space because of its commitment to creating and supporting an active and empowered community.
The participants in this game earn rewards and NUGX tokens through tournaments, battles, ranked play, and many other activities. Therefore, NuggetRush can be self-sustaining and revenue-generating with the help of gold merchants who help send RUSHGEM awards to the miners’ preferred destinations.
This game’s characters are the trendiest NFTs in the market, helping increase NuggetRush’s (NUGX) appeal to investors. Blockchain projects normally acknowledge the active participants on their platforms and NuggetRush (NUGX) puts the participants at the center of all their operations.
NuggetRush is already successful since its presale has sold over 226 million NUGX tokens and raised over $3 million. Currently, NUGX tokens are valued at $0.019 in the Launchpad round, and the price will reach its listing value of $0.020 at the end of this round.
The impressive presale performance confirms NuggetRush’s (NUGX) potential dominance in the crypto industry once it launches in the mainstream market at the end of its cryptocurrency ICO. After listing on exchanges, analysts say NuggetRush (NUGX) will surge over 30X, making it the best crypto investment this year.
Visit NuggetRush Presale Website
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About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
