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- NuggetRush (NUGX) presale ongoing
- Ethereum’s scalability issues and smart contract vulnerabilities present challenges.
- Shiba Inu congested Ethereum due to its rising popularity and defi activities.
NuggetRush (NUGX) aims to set itself apart. As we delve deeper into the project, we’ll learn about its mission and how it compares to the Shiba Inu phenomenon of 2021.
NuggetRush
In round 3 of its presale, NUGX, the platform’s native token, is available for 0.013 USDT.
The project has sold over 85 million NUGX, raising over $800,000.
NuggetRush has a total supply of 500 million tokens without buy or sell taxes.
Additionally, the plan to hand over contract control to the community after launch may foster trust and decentralization.
Built on Ethereum, NuggetRush prioritizes security, transparency, and global accessibility. Ethereum is reliable, meaning NuggetRush users can easily trade.
NuggetRush also has a collection of NFT characters, adding a gamification aspect. The project supports NFT staking, offering up to 20% APY. Users receive discounts, voting rights, and premium content through the Rush Guild VIP membership.
NuggetRush supports a player-driven peer-to-peer (P2P) NFT marketplace where users can trade in-game assets. Their rare RUSHGEM NFTs can be exchanged for real-world gold.
Why did Shiba Inu Clog Ethereum?
Shiba Inu congested Ethereum due to its immense popularity and trading volume.
People were motivated to participate in token trading, staking, and swapping, resulting in a flurry of transactions that overwhelmed the network.
Additionally, Shiba Inu hosted its defi event through the ShibaSwap exchange, which involved smart contracts and led to even more transactions.
Overall, its popularity, community involvement, and DeFi events created a perfect storm of network congestion.
Conclusion
Ethereum has some weaknesses, specifically related to scalability and smart contract vulnerabilities. The introduction of Ethereum 2.0 aims to address these issues and enhance the network’s overall performance.
Shiba Inu’s popularity and high demand congested Ethereum in the past. It is important to acknowledge that any blockchain can face such issues due to demand.
NuggetRush’s success will depend on its ability to manage this demand effectively and offer users a rewarding and engaging experience.
Visit the NuggetRush Presale Website
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Source: https://crypto.news/will-nuggetrush-clog-ethereum-like-shiba-inu-in-2024/