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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
Shiba Inu's (SHIB) climb to stardom has been recorded as the most exponential growth of any cryptocurrency. Although the value of the meme coin is still under a dollar, it continues to enjoy constant trading volume increases and a huge market cap. But it has also suffered growing competition with the rise of meme coins like Pepe (PEPE), which has soared to milestone highs.
The rapid rise of these underdog tokens is mainly due to widespread investors' interest in newer meme coins. But NuggetRush (NUGX) is different.
Although interest in promising investments has brought investors to the NuggetRush platform, the meme coin also has multiple utilities and enticing offerings that have provoked projections of a twentyfold rally in its ongoing crypto ICO. NUGX's high upside potential has even led to forecasts that NuggetRush is underway to outperform Shiba Inu's gains.
Let's explore NUGX's potential to surpass SHIB's growth.
Meme coins have grown over the years, achieving fame for retaining a supportive community and their ability to make millionaires overnight. But they've also been notorious for lacking utility, which has driven investors to more robust projects like NuggetRush.
The play-to-earn cryptocurrency platform uses the NUGX token to run its DeFi gaming experience, which promises countless profitable opportunities, but that's not all. NUGX is also a deflationary and governance token, making it one of the best crypto investment opportunities that holds steady against market volatility.
NuggetRush takes DeFi up a notch by including some of the best NFTs to invest in for gamers and NFT enthusiasts. The in-game characters that players use to mine locations for minerals and gold are also NFTs that can be traded on NuggetRush's NFT marketplace and can be swapped for cash.
This is an excellent opportunity for miners to monetize their skills, considering that the rare RUSHGEMS collection of NuggetRush's NFTs can be exchanged for real gold. All these NFTs can be staked on the platform for a 20% APY, making NuggetRush the best crypto investment to make residual income.
Industry experts have shown optimism in the trajectory of NuggetRush, projecting that immediately after NuggetRush launches, mainstream adoption will skyrocket to surpass the gains of top meme coins.
Unsurprisingly, NuggetRush is already doing impressive numbers in its ongoing token presale. In just weeks, the five-stage event sold more than 19 million tokens in its first stage. The price per token is still $0.01, but it'll soon rally by 20% on its way to hitting 20 times its current value by the end of the crypto ICO.
Shiba Inu continues to have a strong hold on the market, with investors maintaining their stance that the meme coin has the potential to gain colossal upside traction despite its lack of utility.
SHIB surged over 1000% of its initial value in 2021, creating life-changing riches for investors who trusted in its potential. Unfortunately, SHIB saw a sharp decline of more than 90% from its all-time highs, disappointing investors.
Since then, Shiba Inu has tried to recover, but the lack of widespread adoption and the rise of competing meme coins have hindered its climb.
Although SHIB delivered a 24% bullish surge during the recent market-wide rally, the token's value still trades low. Investors are optimistic that the next bull run will skyrocket SHIB above previous highs, but right now, new and promising cryptocurrencies show more potential.
NUGX comes in as a promising choice of investment. Especially now that everyone is positioning their assets in anticipation of the many upcoming catalyst events that could infuse bullish momentum into the overall market.
NuggetRush could outperform Shiba Inu's gains soon, which is good news for NUGX presale investors. The platform's offerings of the best NFTs to invest in increase its investment appeal.
So not only do NuggetRush NFT holders enjoy the benefits of capital appreciation as the price of their asset more than doubles from staking it, but they also have the opportunity of snaring quick profits from its ongoing presale.
