TLDR
- Shiba Inu’s (SHIB) long-term holder count soared to new levels in mid-November.
- NuggetRush (NUGX) unveils a play-to-earn mining adventure filled with NFT-based rewards.
- NUGX’s value has increased by 20% as it entered round two of its presale.
Shiba Inu’s (SHIB) investor sentiment has been on the up in November. By mid-November, Shiba Inu’s long-term holder count had surged to its highest ever. Analysts are now anticipating how long SHIB’s market surge will continue.
Some expect it to end soon due to the growing popularity of NuggetRush, an Ethereum-based mining adventure that offers higher rewards than most P2E games. Can NuggetRush (NUGX) live up to expectations by surpassing most new ICOs? Let’s discuss.
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Shiba Inu Long Term Holder Count Increases
Data from IntoTheBlock showed Shiba Inu (SHIB) reached a new milestone in its long-term holder count. The report showed that the number of Shiba Long term holders had grown to 74%, its highest ever.
The report also showed that the percentage of Swing traders and short-term speculators on Shiba Inu stood at 24% and 2% respectively.
The increase in Shiba Inu’s long-term holders coincides with SHIB’s November rally. SHIB was trading at $0.000007954 on November 1. By November 24, SHIB’s value had risen by 3% to $0.000008193.
Shiba Inu’s (SHIB) long-term holder count could be rising due to increased interest in the network following the launch of Shibarium. It could also be due to increased token burns by the Shiba Inu team.
Whatever the case, analysts say Shiba Inu’s rising trading activity will propel SHIB up by 4.6% to $0.000008573 by the end of the year.
NuggetRush: Mining Gme Project Stuns Investors after Rising by 20%
NuggetRush (NUGX) is stealing hearts in the play-to-earn gaming community after it revealed an entertaining mining adventure filled with rewards. The game is an immersive mining adventure where players will build a profitable business by finding and excavating mineral resources. Players will get several NFT characters. Each NFT possesses varying skills that involve mining and business management.
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NuggetRush’s (NUGX) gameplay involves completing mining tasks and challenges in return for rewards. Some of these tasks are solo, while others can be group tasks. Joining a mining group can boost a player’s mining efficiency and increase their potential rewards.
NuggetRush (NUGX) rewards players with more NFT characters, improved mining equipment, and in-game money. Extra lucky players will find RUSHGEM NFTs. Players can easily trade these NFTs for gold, and NuggetRush will ensure safe delivery of gold rewards to chosen locations.
NuggetRush’s (NUGX) mining adventure is not yet live. Rather, its blockchain ICO is ongoing. Interested investors have bought over 55 million tokens by round two of its presale. NUGX now costs $0.012. NUGX’s value would rise by 8.3% to $0.013 by round three.
The game will go live when NUGX’s value soars to $0.02, rising by 66.6% from its current price. With such market projections, analysts are confident NuggetRush will become one of the top crypto projects.
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