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The post Two Under-the-Radar Cryptocurrencies Positioned for a Potential Doubling in Value (NUGX, TRX) appeared first on Coinpedia Fintech News
TLDR
- Tron’s USDT reserves have crossed $45 billion, making it the most popular network for stablecoin transactions.
- NuggetRush (NUGX) offers a mining rush experience that rewards players with gold and other valuables.
Tron’s popularity as a stablecoin network has risen with the latest increase in its USDT reserves. Now, analysts speculate on how this would affect TRX.
Likewise, NuggetRush(NUGX) might become one of the most popular NFT projects thanks to its NFT meme mining project. Which of the above will be among the top crypto coins of 2023? Let’s discuss.
NuggetRush (NUGX): Join the Rush For Gold with Miners Around the Globe
NuggetRush (NUGX) is calling all interested adventurers, miners, gaming enthusiasts, and crypto lovers to participate in its mining adventure. The game offers an ecosystem with hyperrealistic mineral terrains filled with natural resources like gold.
Users get to collaborate and compete against each other in NuggetRush’s quest for riches. The objective of NuggetRush (NUGX) is simple – establish a mining enterprise. Players get a few NFT characters with mining skills and some machinery.
Players earn rewards after completing mining tasks. They can also win money from competing against other miners in challenges, quests, and ranked play. Players can also belong to mining groups, which boosts their mining efficiency.
Rewards are plentiful on NuggetRush (NUGX). They are available to all players, notwithstanding their location or skill level in the game. Some of these rewards include machinery, in-game currency, and more miners.
NuggetRush also offers gold winnings via RUSHGEM NFTs. Players can swap RUSHGEMs directly for real-world gold. Lastly, players can earn fixed interest on their NFT via staking.
NuggetRush could challenge the most popular NFT projects like Axie Infinity. Its blockchain ICO is already becoming very popular in the crypto market. NuggetRush has sold over 30 million NUGX tokens, although it is still in Round 2 of its presale.
Investors who bought NUGX in round one of its presale have gotten a 20% ROI as its price rose to $0.012 by Round 2. NUGX will keep growing, but it will be listed when its value reaches $0.020.
TRON’s (TRX) USDT Reserves Surpasses $45 Billion
Tron has maintained its position as the most trusted network for USDT transfers. Tether recently increased Tron’s USDT supply by $1 billion, thus increasing the network’s USDT supply past $45 billion. The number of USDT holders on Tron (TRX) also climbed to 32.59 million, rising by 85% from over a year ago.
The rise in Tron’s USDT supply coincides with TRX’s recent market boost. Despite trading at $0.866 on October 16, TRX had risen by 11.5% to $0.966 by November 7. Tron’s (TRX) rising USDT reserves show its stability in handling stablecoin transactions. Some analysts say Tron (TRX) will become more popular due to its recent partnerships.
For instance, Tron (TRX) has recently partnered with ChainGPT as it looks to expand its artificial intelligence services. These experts say TRX could rise by 14.4% to $1.106 due to its strong stablecoin activities.
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