KuCoin Launches $10M Airdrop, New Token With Dual Utility To Overtake Pepe
In Brief
While Pepe and KuCoin are top altcoins in the crypto space, a new coin has emerged with the potential to overthrow both. Its dual utility as a memecoin and gaming token allows it to attract interest from the meme space and gaming sector.
TLDR:
- KuCoin has launched a $10M airdrop to reward its users after its battle with regulators.
- Pepe price drops as Whale Alert highlights a large whale transfer.
- NuggetRush doubles as a meme coin and gaming token, a dual utility that could lead to a massive price surge.
KuCoin crypto exchange has introduced a $10 million airdrop campaign to reward its users. Meanwhile, a new coin has entered the market with the potential to rival Pepe in the crypto market. The new coin called NuggetRush has duality utility, making it a top crypto to invest in now.
NuggetRush (NUGX) Leading the New Generation of Meme Coins
NuggetRush (NUGX) is a gaming token and meme coin that seeks to create an engaging game in the play-to-earn mining sector. This game immerses players in the role of artisanal miners. It allows them to earn rewards through different challenges and quests.
All these activities add more excitement to the new DeFi project. Also, NuggetRush also encourages the player to partner with one another to maximize their earnings. Besides, NuggetRush adds an NFT marketplace where the assets are exchangeable.
The marketplace offers a variety of items that can be traded, including in-game assets, trending NFTs, machinery, and RUSHGEM NFTs. Alongside the NFT marketplace, the NUGX token is just one more crucial element of the platform. NUGX coin owners are granted several prestigious benefits, including voting rights and extra special virtual gaming system features.
NuggetRush’s crypto ICO is nearing its conclusion, and it has already raised over $3.6 million, selling 255 million to customers globally. NUGX is currently sold at $0.019 but looks on course for an explosive price rally. Market analysts forecast a huge price jump, predicting a 100x increase in value soon.
KuCoin (KCS) Announces $10 Million Airdrop
KuCoin (KCS) has unveiled plans for a $10 million airdrop comprising Bitcoin and KuCoin tokens, a move following legal actions initiated by the US Justice Department. This airdrop is a way of thanking users for their continued support, even in the face of relatively recent stalled withdrawals and legal suits.
CEO Johnny Lyu posted this statement on the official website on March 27 to announce this development. Lyu mentioned that in the message, he expressed his appreciation to KuCoin users, who always stood by them and stayed loyal to them.
He also talked about the extended withdrawal periods experienced on March 26-27th. The guidelines for the airdrop will be made public within three days. Meanwhile, the KuCoin token has suffered a 15.1% loss in the past week. The token plunged from a weekly high of $14.87 to a low of $11.28.
Pepe (PEPE) Price Drops Amid Huge Whale Transfer
Pepe (PEPE) has been trading in a tight range since it reached an all-time high of $0.00001074 on March 14. The token dropped to $0.0000058 on March 19 before rebounding to a high of $0.0000087. Unfortunately, Pepe met with resistance and soon went under.
Recently, Whale Alert reported the movement of over 2.6 trillion PEPE tokens from a prominent crypto centralized exchange, KuCoin. The move triggered an interest not only among investors but also market analysts.
This transaction occurs when KuCoin records a number of large crypto withdrawals due to its fight with regulators. Nonetheless, Pepe plunged deeper into the red, unlike all other top ETH memecoins. The token, on the weekly chart, dropped 6.5%, sliding down from $0.058502 to a low of $0.057202.
Conclusion
While Pepe and KuCoin are top altcoins in the crypto space, a new coin has emerged with the potential to overthrow both. Its dual utility as a memecoin and gaming token allows it to attract interest from the meme space and gaming sector. Analysts are forecasting a possible rise to $1.00 this year, making it a top crypto to buy.
Visit the 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.
