TLDR
- Jupiter started trading around $0.63 in March and has seen the price jump to around $1.70 as April commences.
- NuggetRush’s presale has officially sold out, selling over 270 million tokens.
- It’s now on a 21-day countdown to the start of its NUGX airdrop.
Jupiter (JUP) has had a remarkable month, with its price skyrocketing over 170% in the last 30 days. Amid the crypto market slowdown and some controversies, this crypto’s uptick has maintained momentum in the DeFi crypto list lately. A renowned crypto analyst took to X to comment on JUP’s recent performance as he wondered about the possibility of a leg up.
NuggetRush (NUGX) is a meme coin with a play-to-earn gameplay that lets the players earn digital minerals and NFT (non-fungible token) items, which can be converted to real-time rewards.
The crypto is up-and-coming, yet there was a frenzy in its blockchain ICO, with investors and enthusiasts hurrying to become early adopters of this meme coin with tangible propositions and potential for quick gains. This article covers Jupiter’s recent price movement and NuggetRush’s developments, as it now records a 100% price growth.
NuggetRush (NUGX): The Appealing New Entrant
NuggetRush’s mining game will allow gamers to build a fortune by setting up mining teams and facilities. To this end, gamers will select in-game characters, which double as NFTs, as they go on gold quests. Also, players can partner with other players or mining experts to improve their operations.
As an impact game, NuggetRush seeks to make an impact in the world by contributing to the betterment of the lives of artisanal miners in underdeveloped countries.
NuggetRush has incentives that drive its ascent up the DeFi crypto list as a top investment pick. The project has $25,000 each to give to 3 active and lucky participants as its presale has ended, which is different from the giveaway in batches that were ongoing during the presale.
In addition, the NUGX token has governance functionality, where the RushGuild members have voting rights on how the ecosystem and game are developed, alongside access to discounts and exclusive content.
NuggetRush’s blockchain ICO is officially over after selling out all the hard-capped tokens assigned for the presale. Over 270 million NUGX tokens were sold, raising about $3.7 million across six rounds. The bullish indicators in its initial coin offering rounds exemplify NuggetRush as a top meme coin investment choice for beginners and seasoned investors this year.
The DeFi coin price of NUGX is now $0.020 – the listing price, offering up to a 100% increase to the earliest backers. This project’s outlined roadmap and milestones also propel it towards its $100 million market cap goal, adding to the growing dominance of meme coins. The airdrop of the purchased presale tokens will commence in about 21 days, and the backers are gearing up to have their tokens in their wallets.
Jupiter (JUP): Crypto Analyst Sees Entry Spot For The Crypto
Jupiter started trading around $0.63 last month and has seen the price jump past 170% in 30 days. The token’s performance over the month showed sideways price action before climbing greatly to a new support level, suggesting another price surge is still possible. In an X post, renowned crypto analyst Altcoin Sherpa weighed in on JUP’s most recent performance as he wondered about the possibility of a “leg up.”
The analyst shared JUP’s price chart, which shows that a consolidation phase started after the token’s price tested the $1.50 resistance level. Following a pullback to the $1.20 mark, Jupiter retested another resistance zone, briefly nearing $1.60, but ultimately dipped even lower to the $1.10 support zone in the following days. Since then, JUP has bounced back, now hovering near $1.70, and the recent price consolidation looks “ok,” according to the analyst.
Sherpa further highlights Bitcoin’s (BTC) current stability, seemingly suggesting that JUP could repeat the BTC March trajectory. As a result, the analyst deems this moment as a “decent entry spot” for Jupiter. According to CoinMarketCap data, JUP is the 65th largest cryptocurrency by this metric, with $1.77 billion in market cap liquidity.
Conclusion
Jupiter is in a good price consolidation phase, surpassing key resistance levels in a month. NuggetRush’s potential for post-launch gains is high, as its presale liquidity hit about $3.7 million before its conclusion. The project also shows a high commitment to its community and offers many beneficial avenues to its participants. Beginner and seasoned investors can diversify their portfolios with NUGX to capitalize on its seamless combination of GameFi, Web3, real-time earning, and social impact.
Visit NuggetRush Presale Website
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