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Shiba Inu's Shibarium Wallet has increased; Bonk Market Value Drops as New Coin Aims for Blue-Chip Status

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TLDR:

  • Shiba Inu's Shibarium added 375.126 wallet addresses in 4 days.
  • Bonk's market capitalization has fallen 64% from $2,7 billion to $972 million in the past six weeks.
  • NuggetRush is a new GameFi project that has shown top-tier potential.

Many big names are trying to bounce back after the recent memecoin crash. According to reports, there has been a new development in the Shiba Inu ecosystem. In just four days, Shiba Inu's Shibarium added 375.126 new wallet addresses.

On the other hand, Bonk's market capitalization has fallen 64% from $2,7 billion to $972 million over the past six weeks. About that,NuggetRush is a new DeFi project that has shown potential to become the next top-tier cryptocurrency due to its goal of transforming the GameFi market.

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NuggetRush (NUGX) aims to dominate the GameFi sector

NuggetRush (NUGX) is a new project that aims to transform the crypto sector. It has already produced notable performance during its recently concluded crypto ICO. At the time, NuggetRush sold more than 270,1 million tokens and raised more than $3,8 million to develop its GameFi ecosystem.

NuggetRush has introduced a new social impact model that could change the GameFi space. The team behind the project announced that a portion of the project's resources will be dedicated to helping poor artisanal miners in underdeveloped countries.

This unique social impact model extends NuggetRush's impact to the real world and would place it among the best DeFi projects. The project also offers a very profitable cryptocurrency mining game. In the NuggetRush virtual world, players will take on the role of miners searching for minerals and selling them for profit.

Players can also earn popular NFTs, cash, and NUGX tokens for their in-game exploits.

Following the completion of its cryptocurrency ICO, players are eagerly awaiting the NUGX airdrop. With a potential increase in its listing price from $0,020 to $2,00 following its airdrop, NuggetRush could become one of the most profitable presale tokens to buy in crypto history.

Read also   Should you invest in Chainlink (LINK) or Litecoin (LTC) at current prices? Experts Predict New Cryptocurrency on Blast Could Outperform Both

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Shiba Inu (SHIB) Shibarium adds 375.126 addresses in 4 days

O blockchain The Shiba Inu ecosystem's (SHIB) layer 2 platform, Shibarium, is experiencing a surge in adoption. Shibariumscan reports an influx of more than 375.126 wallets in the last four days alone. This brings the total number of wallet addresses to 1.781.692.

However, this increase is due to the large number of activities carried out by Shibário-based projects. Amid the increase in wallet addresses, the Shiba Inu price fell 18,3% last week. The meme coin is one of the main cryptocurrencies that are in the red region.

Bonk (BONK) market cap drops 64%

Bonk (BONK) was once the largest Solana-based meme coin in the Solana space last year. Unfortunately, the arrival of the new meme coin, Dogwifhat, has sent Bonk down the meme coin ladder. Additionally, Bonk is no longer part of the top 5 meme coins on the market by market cap.

According to CoinMarketCap, Bonk's market capitalization fell from a peak of $2,7 billion on March 4 to a low of $972 million on April 17. This massive 64% drop in market capitalization is also followed by a similar drop in price. From a high of $0,00004302 on March 4, Bonk fell to $0,00001464 on April 17.

Conclusion

Shiba Inu's Shibarium has seen increasing network activity in 2024. Meanwhile, NuggetRush is one of the low market cap tokens that could become a blue chip project. As NuggetRush continues its mission to dominate the GameFi sector, it opens up the opportunity for NUGX to be a very profitable venture for investors and gaming enthusiasts alike.

Visit the NuggetRush pre-order website

Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
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