TLDR
- Pepe 2.0 DeFi coin price crashes by over 35%.
- The new meme coin, NuggetRush, raises $600k within two presale stages.
- The NUGX presale is progressing quickly, causing investors to wonder whether it will perform like Shiba Inu.
Born from the successes of its predecessor, Pepe Coin (PEPE), Pepe 2.0 (PEPE2) offers a fresh outlook on the meme coin sensation.
The project aims to provide a more accessible token on the decentralized cryptocurrency list, but its journey in the market has proved tumultuous. Pepe 2.0 is experiencing a significant decline of up to 35% of its market value.
The meme side of the crypto market is not entirely losing. NuggetRush (NUGX), an upcoming meme coin, has launched its presale, selling out beyond expectations.
The token quickly raised about $600k, reminding investors of Shiba Inu’s track record. NuggetRush is also unique in that it has tangible value, offering both GameFi and impact gaming features using trending NFTs (non-fungible tokens).
This article explores NuggetRush’s presale journey and unique characteristics, while highlighting the path of Pepe 2.0 amidst volatility.
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NuggetRush (NUGX): The Next Big Meme Coin
Impact gaming has a new face: NuggetRush, the new cryptocurrency project taking gamers to mine treasures in the metaverse. This top ICO has been recognized for its impressive features, such as NFT staking and real-world rewards.
The project also offers some returns towards the betterment of artisanal miners in underdeveloped countries, a charitable edge that elevates its standing on the decentralized cryptocurrency list.
With its gaming model, players can search for gold in these game mines and receive real gold or cash equivalents delivered directly to their doorsteps.
NuggetRush has been making moves since it launched its presale about two months ago. The project has raised about $600k from selling its native token, NUGX, causing enthusiasts to wonder if it can surge like Shiba Inu.
The presale journey, slated for five stages, is nearing the completion of its second stage with only five days to go.
Over 56 million NUGX tokens have been sold; less than 13% of the 40 million tokens allocated to this stage remain. The project is set to move from a DeFi coin price of 0.012 USDT to 0.013 USDT once the second phase ends.
This meme coin features an interesting play-to-earn (P2E) game that uses trending NFTs in its gameplay. These non-fungible tokens represent fun game characters like Mack, Mia, and Maxwell, each with unique power-ups and attributes like skill, power, and luck to give players a fighting edge.
The NFTs also serve as digital assets that can be traded in the platform’s marketplace or staked to earn up to 20% APY from a staking mechanism. NuggetRush has an appealing growth potential, making it the season’s top ICO.
Its proposed list price of 0.02 USDT promises at least 100% ROI for early investors. Token holders can also scale their investments by joining the Rush Guild, where they’ll get VIP access to bonuses, discounts, and rewards on the platform.
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Pepe 2.0 (PEPE2): The Second Chance Token
Copycat meme coins are all the rave, carving a niche on the decentralized cryptocurrency list. Pepe 2.0 is one such coin, following closely behind the popular Pepe Coin that was silently launched earlier in the year.
Similar to memetic tokens, PEPE 2 has no actual use case. Instead, it advertises its intention to make better decisions compared to PEPE, correcting mistakes like a silent over-the-weekend launch and blacklisting investors.
Crypto investors tend to FOMO (fear of missing out), and PEPE 2 capitalized on this, using it to get investors who missed out on PEPE’s incredible bull run to get a piece of the action.
This meme coin has recently experienced renewed volatility, declining by over 35% in the past week. PEPE 2 has dropped drastically, adding another zero compared to its all-time high, a DeFi coin price of $0.000000219418.
This may not be the end of the token. Pepe 2.0 could still perform like its predecessor, giving investors who join now a chance to ride the bull run.
Conclusion
The volatility in the market is also affecting upcoming tokens. Pepe 2.0 is included, falling by 35%. Investors expected a better turnout as the token was created to follow in the footsteps of its predecessor, PEPE, without making the same mistakes.
But not all coins are affected. NuggetRush (NUGX), the top ICO, is selling out its presale fast, raising about $600k within two stages.
The project’s impact gaming capabilities make it stand out, allowing players to enjoy rewards while impacting the community. Its impressive utility raises speculations about whether it could be the next Shiba Inu.
Visit NuggetRush Presale Website
The post Pepe 2.0 Faces 35% Decline, While New Meme Coin Raises $600k. Is This The Next Shiba Inu? appeared first on Analytics Insight.
Source: https://www.analyticsinsight.net/pepe-2-0-faces-35-decline-while-new-meme-coin-raises-600k-is-this-the-next-shiba-inu/