Following Dips In MANTA and ORDI, The Crypto Community Looks To NuggetRush For Recovery

• A recent DDOS attack could be responsible for Manta’s decline.
• Ordi’s value has fallen sharply since the start of 2024.
• NuggetRush’s (NUGX) early holders are now enjoying an 80% token value increase.

Manta fell in early February after a spectacular market increase following its January launch. Ordi holders also look towards Bitcoin to spur a market recovery for its network.

Now, all eyes are on NuggetRush (NUGX), a gaming network with bountiful rewards and the opportunity for team collaboration. NUGX’s token value has grown by 80% since day one of its presale. Yet, can NUGX join the league of top ICO networks? Let’s discuss.

Manta Falls Back to the $2 Range

The Manta network has fallen sharply despite its market pump in January. Launched in January 2024, Manta is a Polkadot scaling solution that has quickly won hearts within the crypto ecosystem. Its market capitalization had grown to nearly $1 billion at the end of January 2024.

Yet, Manta’s bullish momentum has waned significantly. MANTA traded at $2.1529 on January 18. It rose by 72.0% to $3.7032 on January 29. MANTA then fell by 29.3% to $2.6157 by February 4.

Some analysts have pinned Manta’s sudden decline on the controversy around a DDOS attack it suffered on January 18. They claim that fears had grown after the attack, reducing investor sentiment for Manta at the start of February 2024. However, experts say a Manta 22.8% recovery to $3.2143 could come soon. Still, many investors prefer Manta to other altcoins.

Ordi Holders Bank On Bitcoin to Spur a Recovery

Ordi’s incredible bullish momentum has fallen sharply by early February. Following a surge in demand for Inscriptions, Ordi soared to an all-time high (ATH) at the start of 2024. Its market capitalization grew from $400 million in early November to $1.3 billion by the start of January 2024.

Yet, only a month later, ORDI’s value fell significantly. ORDI cost $83.29 on January 1. Two weeks later, ORDI had fallen by 14.9% to $70.83 on January 14. ORDI fell by 23.7% to $54.01 on January 28 before falling further by 2.8% to $52.46.

ORDI holders are hoping for increased network activity on Bitcoin to spur its recovery. Bitcoin had dropped below the $40,000 range in January despite excitement around approved spot BTC ETFs. However, it has since recovered, leading to increased network activity. Analysts say this could affect demand for ORDI, pushing it up by 19.9% to $62.94.

NuggetRush Plots Market Takeover as Presale Numbers Rise Further

NuggetRush (NUGX) could become one of the most popular NFT projects in a few years following the impressive growth of its presale. Firstly, NuggetRush is the result of efforts to combine the best play-to-earn rewards with high-quality video gaming. NuggetRush (NUGX) offers unique mining adventures where gamers can turn time spent on their network into high financial value.

Players will face multiple challenges ranging from simple to complex. Simple tasks will involve surveying land and looking for mineral-rich areas. 

You will get help from NFT characters proficient in mining natural resources. These characters will also assist you with complex tasks like refining mineral resources. Furthermore, turning these assets into cash will involve skillful trading on NuggetRush’s (NUGX) marketplace.

NuggetRush (NUGX) requires players to be strategic when assembling a mining workforce. The efficiency of your mining operations will depend on the effectiveness of your mining team. The game’s marketplace is fully equipped with better machinery and NFT characters, allowing players to continuously improve their mining operations.

NuggetRush’s (NUGX) rewards are available to community members. However, its blockchain ICO, which represents a chance to join the community as an early participant, is gradually ending. 170 million tokens have been sold in NuggetRush’s (NUGX) presale, which has entered its fifth round. Its next price increase will be an 11.1% jump to its token launch price of $0.020.

Visit NuggetRush Presale Website