Solana, also known as the “Ethereum killer”, has seen a significant drop in its price, currently sitting at $124.69. This is a 21.8% decrease in the last seven days, despite the recent update to fix network congestion issues. Although investors are hopeful that this update will bring positive momentum to the Solana ecosystem, the drop in price has left some concerned.
In a similar trend, the Shiba Inu community has been busy burning tokens, with over 774,000,000 tokens burned in the past week alone. This is a 200% increase from previous weeks, but despite this, the circulating supply of meme coins remains high at 582.80 trillion SHIB. While altcoins, including Shiba Inu, have seen a decrease in price in the current bear market, there is potential for growth in the future.
Meanwhile, NuggetRush has introduced NFTs to its crypto mining game, providing users with a more immersive gaming experience. These NFTs act as characters with unique abilities and can even be traded for real-world gold. The platform’s native token, NUGX, has gained attention from investors and is expected to see a significant increase in value after its upcoming airdrop.
In conclusion, despite the recent drops in price for Solana and Shiba Inu, both tokens have updates and developments that could bring positive momentum in the future. Additionally, NuggetRush’s NFT integration has made it a top altcoin to watch. Investors and traders alike will be keeping a close eye on these projects in the coming days.
