TLDR
Solana (SOL) has recorded a 100% growth since the start of November.
Chainlink’s (LINK) network activity has risen following excitement around its new staking updates.
NuggetRush’s (NUGX) presale has stunned investors with a sharp 30% increase.
Solana has grown sharply since the start of November. Its market capitalization has increased by over 100%. Likewise, Chainlink’s (LINK) value has soared following excitement around its recent staking upgrades.
Yet, NuggetRush’s (NUGX) mining adventure has shown convincing signs of becoming one of the top DeFi projects. NUGX presale has already grown by 30%. Will that be enough to surpass most new ICOs? Let’s discuss.
>> Buy NuggetRush Now <<
Solana’s 80% Growth Shows Current Bullishness
Solana (SOL) has recorded an impressive jump since mid-October. Following the recent bullishness in the crypto market, Solana has grown sharply, even outshining several top altcoins. Since October 14, Solana’s market capitalization has grown over 100%, reaching $25.8 billion by early December.
As trading activity on Solana rose, SOL’s value followed. Trading at $38.52 on October 31, SOL jumped by 53.8% to $59.25 by November 28. SOL maintained its bullishness, rising by 6.3% to $63.04 by December 3.
Solana (SOL) has been one of the most active altcoins in 2023. Despite the sharp fall in NFT activity over the past few months, Solana’s (SOL) network activity has remained high.
Solana’s daily transactions also soared to an all-time high of 51 million in November 2023. Analysts say Solana’s (SOL) growing network activity will help it capitalize on the ongoing market bullishness. Furthermore, they expect SOL to rally by 9.5%, reaching $69.04 by February 2024.
Chainlink Soars as Excitement Around Staking Upgrades Spread
Chainlink (LINK) is one of the most bullish projects since November, as its market performance has risen impressively. Furthermore, Chainlink (LINK) released new staking upgrades on November 29, leading to further excitement around the network.
On November 1, LINK was trading at $11.62. LINK rose by 24.8% to $14.51 on November 29 following excitement around new Staking upgrades on Chainlink. Demand for LINK increased, further pushing it up by 8.6% to $15.76 on December 4.
Chainlink’s trading activity has soared alongside several cryptocurrencies due to demand for spot crypto ETFs. Several investors increased their crypto holdings after rumors that the SEC would approve Bitcoin Spot ETFs in January 2024. Chainlink’s (LINK) popularity in 2023 made it a top choice for several investors.
Analysts expect the current trend to continue due to Chainlink’s new staking upgrades and its expanded pool size. Increased staking activity on Chainlink could make it one of the top DeFi projects. This could push LINK up by 25.3% to $19.76.
NuggetRush: Exploring Wealth-building Opportunities via Play-to-Earn Gaming
NuggetRush (NUGX) is a mining project with super-realistic gaming adventures and numerous rewards. The project features skilled artisanal miners surrounded by mineral-rich lands. Players must then use appropriate equipment to find and excavate mineral resources to build a mining empire.
NuggetRush (NUGX) offers several opportunities for earning rewards in its mining adventure. After completing mining tasks, players receive NFTs, money, and machinery. Furthermore, each completed mining task affects a player’s mining efficiency. A good way to boost mining efficiency is by using improved machinery and better-skilled NFTs.
Players can purchase such items and other valuable in-game collectibles on NuggetRush. Furthermore, they can swap their game assets for cash, thus raising money for their in-game activity. NuggetRush (NUGX) also offers NFT staking, allowing players to earn money while holding their collectibles for a fixed period.
NuggetRush (NUGX) is one of the most in-demand crypto projects. Its ongoing presale has sold over 78 million tokens and raised over $700,000, although NUGX is in round three. NUGX’s currently trades at $0.013!
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The post Last Week’s Significant Gains in Cryptocurrency: Solana (SOL), Chainlink (LINK), $NUGX Stand Out appeared first on Analytics Insight.
Source: https://www.analyticsinsight.net/last-weeks-significant-gains-in-cryptocurrency-solana-sol-chainlink-link-nugx-stand-out/