Avalanche has recently announced layoffs of 12% of its staff, despite the AVAX token’s bullish performance. On the other hand, Polygon has been struggling with declining sales of NFTs, however its MATIC token has remained strong. NuggetRush (NUGX) offers a unique opportunity to win gold and other financial rewards through its play-to-earn mining adventure, and is gaining attention from investors.
NFT sales have been weak for some time now, however Polygon has kept its bullish streak with its zkEVM. Avalanche, on the other hand, has had to make cuts in its workforce due to the bear market. Despite this, NuggetRush is capturing the attention of investors from all sectors. What could this project offer that sets them apart?
NuggetRush (NUGX) is bridging DeFi and GameFi through NFT staking. It uses Ethereum’s blockchain technology and high-end game mechanics to provide an adventurous experience with several rewards. Players must start and sustain a booming mining business with the help of character NFTs. These characters possess sharp business skills to aid players in their quest.
Players can choose to play alone or in groups, and compete in battles, ranked plays, and quests. Group rewards are shared after challenges are completed, these include in-game money, NFTs, and improved machinery. Players can then trade these rewards for money on the NuggetRush marketplace.
NuggetRush is currently in Round 2 of its presale and will be listed when it reaches $0.020. Analysts believe that its unique offering to the play-to-earn sector could make it a top ICO project, and that its NUGX token could increase in value by 11.9% to $0.823.
Avalanche’s CEO and founder, Emin Gun Sirer, confirmed the layoffs on November 7, 2023. He cited the need to reallocate resources and focus on the growth of its ecosystem as the cause.
Interestingly, AVAX had increased by 25.4% to $12.21 by November 1, and by 7.1% to $13.08 on November 6, the day after the layoffs were confirmed. Despite AVAX’s recent rally, Avalanche’s CEO admitted that the bear markets had affected the network’s development.
Meanwhile, Polygon’s MATIC token has shown resilience despite the decline in NFT sales. MATIC was trading at $0.524 on September 30 and by October 31, it had increased by 21.3% to $0.636. This increase in performance could be attributed to the adoption of its zkEVM scaling solutions, which had completed 7 million transactions as of November 4.
For more information about the NuggetRush presale visit the NuggetRush Presale Website.