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Bullish NuggetRush Reimagines P2E Crypto as ApeCoin and Decentraland Suffers Losses
The play-to-earn (P2E) feature on most games in the gaming section of the cryptocurrency space has made the section even more interesting.
Different cryptocurrencies power the many projects that offer users an opportunity to earn by playing games, but some are experiencing losses. Interestingly, despite recent losses from cryptos like ApeCoin (APE) and (MANA), players and investors appear to find hope in NuggetRush (NUGX).
NuggetRush (NUGX) and its Goldrush Offer
NuggetRush, although new in the block, aims to give a captivating and worthwhile gaming experience to its players. It does this because of its interesting characters, its immersive gameplay experience, and the in-game assets it offers players. Bringing together gold mining, cryptocurrency, and real-world artisan mining, NuggetRush provides enjoyment, skill-building, and real-world benefits for its players.
The completed and successful smart contract audit by SolidProof further supports NuggetRush’s promise of security and transparency, which is a benefit of its Ethereum blockchain construction. In its P2E world of impact gaming and GameFi, NuggetRUsh uses NUGX as its governance token, which is currently in presale.
NUGX is currently selling for $0.012 at the second round of the presale, which is up 20% from its first round price. With over 60% of the second-round tokens sold, NUGX will soon see a price increase in round three. NUGX serves as some kind of cross between a P2E token and a meme coin that supports a platform that has a player-driven peer-to-peer (P2P) NFT marketplace with a no-but-sell tax. Aside from this uniqueness, certain other features have kept the token relevant even in its ICO.
Some of these features include the character collection serving as both gaming characters and NFT collections, NFT staking up to 20% APY, ecosystem participation rewards, and Rare RushGem NFT that can be exchanged for real-world gold and delivered to players. Also, the ability to customize avatar NFTs and sell or trade them makes the platform highly engaging and profitable, meeting the needs of gamers and traders alike.
After the fifth presale round, the token will have a launch price of $0.020, which is a 100% rise from the price of the token at the first round of the presale.
ApeCoin (APE) and its Uncertain Rewards
ApeCoin (APE) is an ERC-20 token that serves as a utility and governance currency in the Bored Ape Yacht Club (BAYC) ecosystem. It is used to empower the APE decentralized space and can also be used to gain entrance into the physical and digital events of the APE community.
APE began trading in March 2022, with the token first distributed to holders of the BAYC, Mutant Ape, and Kennel Club NFTs. Riding on the NFT trend, APE soared to prominence, where it commenced trading at over $7.20 and rose to over $16.40 the next day.
Recent times have left APE investors unsure of the future rewards from the token with the fluctuations on the price charts. As of the time of this writing, APE was selling for $1.43. It was also suffering a 52% loss on its one-year chart and a 1.3% loss on its seven-day chart.
Decentraland (MANA) and its Sharp Changes
Decentraland presents itself as the first user-built, user-governed, and user-owned decentralized metaverse. Decentraland is a virtual reality (VR) world for exploring, interacting, and playing games. It is software that runs on Ethereum and incentivizes the users who share in its virtual world.
MANA is the ERC-20 utility token that serves as the native cryptocurrency for Decentraland. It can be used to buy LAND, a non-fungible ERC-721 token that represents a piece of the virtual Decentraland world, an avatar, in-game goods and services, and wearables.
The volatility of the MANA token and its sharp price changes leave some traders with losses. Far from its ATH of $5.85, which it hit on November 25, 2021, MANA, as of the time of this writing, is selling for $0.443034.
