Q4 2023 holds a lot of promise despite the bearish conditions that have dominated the market in previous quarters. Investors are turning to Solana (SOL) after its recent partnership with Dubai. Likewise, the Polygon (MATIC) community is celebrating the recent release of its Miden VM upgrade. However, none of the above seems to be generating as much traction as NuggetRush (NUGX) – the Ethereum-based play-to-earn game.
TLDR
- Solana (SOL) is set to expand blockchain services in Dubai, driving up its token price.
- Polygon expects higher performance for MATIC following the upgrade to Miden VM.
- NuggetRush (NUGX) offers an easy way to earn from mining games while having fun playing.
Solana (SOL) Joins Dubai Free Zone as Partner
Solana’s plan to increase its crypto services has been boosted with its inclusion in the Dubai Multi Commodities Center. This would allow Solana (SOL) to provide technical and business development support to DMCC crypto center members. Solana (SOL) would also contribute to education on Web 3 topics and services.
Dubai’s partnership with Solana could help SOL cross the $21 mark it has struggled to maintain since September’s end. SOL was trading at $21.40 on September 30. By October 15, SOL had grown slightly by 2.4% to $21.92.
Some of the benefits of the partnership include complimentary setup and business licensing for Solana (SOL) ecosystem projects. This partnership is also expected to make Solana (SOL) one of the best DeFi projects in the Middle East. As a result, analysts conclude that Solana’s partnership could push SOL up by 16.8% to $25.62.
NuggetRush: Revolutionizing Interactive Gaming In 2023
NuggetRush (NUGX) is an interactive gaming experience that offers the thrills of mining and finding mineral resources while earning money. The game involves building a mining empire and finding special NFTs that can be converted to real-world earnings. It combines adventure, strategic thinking, and community building to provide a memorable experience.
Interestingly, it allows players to build their mining empires via collaborations with other players or mining experts. Furthermore, it allows passionate mining enthusiasts to support artisanal miners in third-world countries. One of the standout features of NuggetRush (NUGX) is its comprehensive earning mechanics.
Players can find and trade special NFTs in exchange for real-world cash. For instance, players who find character NFTs and RUSHGEMS can sell them on NuggetRush’s marketplace. Furthermore, players can trade their mining machinery to boost their earning capabilities.
Unlike many play-to-earn games, NuggetRush (NUGX) allows players to stake NFTs.
Naturally, NuggetRush’s (NUGX) unique earning capacity has not gone unnoticed. Analysts agree that it can now become one of the top ICO projects of 2023. NUGX’s current price is $0.010. Yet, NUGX will soon rise by 20% to $0.012 by Round 2 of its presale.
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Polygon Unveils Upgrade to Miden VM – What’s Next for MATIC?
Polygon (MATIC) has become one of the top DeFi projects due to the release of its virtual machine solutions. One of its Polygon’s (MATIC) popular VMs, Miden, has just been upgraded to include high-performance features. Miden VM’s developers revealed that the new upgrade had boosted its performance by 30% compared to previous tests.
The upgrade comes amid Polygon’s (MATIC) plan to shift to a new token. Furthermore, experts say Polygon’s upgrade could boost the MATIC price, which had fallen to the $0.50 mark since the end of August. MATIC was trading at $0.54 on September 1. Yet, MATIC had dropped by 5.5% to $0.51 by October 15.
On a positive note, the upgrade to Miden VM could boost demand for Polygon’s (MATIC) scaling services. Increased demand for Polygon’s services could push MATIC above the $0.50 mark again. More precisely, experts say MATIC will surge by 21.5% to $0.62 if demand for Polygon’s VM services rises.
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The post Top 3 Cryptos Set to Dominate October: Solana, NuggetRush, and Polygon appeared first on Analytics Insight.
Source: https://www.analyticsinsight.net/top-3-cryptos-set-to-dominate-october-solana-nuggetrush-and-polygon/