TLDR
- Telegram’s adoption of Toncoin for payments boosts its on-chain activity.
- NUGX integrates play-to-earn gaming and NFTs, attracting large investors with a successful presale.
- SOL’s scalability and ecosystem growth hint at a push to all-time highs.
Telegram has accelerated its acceptance of the Toncoin (TON) blockchain by rolling out Toncoin Payments for crypto payments on the app. The launch has boosted Toncoin’s on-chain activity. The hype of becoming endorsed as Telegram’s exclusive channel for its entire advertising economy has triggered a surge of over 150% for the month, ranking among bullish altcoins.
That said, traders are becoming more bullish on altcoins, including Solana (SOL) and NuggetRush (NUGX). Despite SOL’s slight decline, holders are still confident in its potential to rally to higher prices soon. Meanwhile, NuggetRush has earned recognition as the best crypto to invest in, thanks to its presale performance so far. The meme coin opened its ongoing launchpad stage of the event with double-digit gains and milestone achievements, driving predictions of an incoming explosive surge.
Let’s explore Telegram’s adoption of TON while discussing the bullish potential of SOL and NUGX.
NuggetRush’s (NUGX) Recent Performance Hint At Upcoming Explosive Upsurge
Recently, the performance of Solana memecoins like Bonk took the crypto community by storm. Last year, the memecoin delivered over 100% in a single day, going on to hit ATH. Now, meme coin enthusiasts are searching for the next explosive token, and their attention has been on NuggetRush. Rather than depending only on meme coin hype, NuggetRush has opted to include play-to-earn gaming, NFTs, and staking into its highly anticipated decentralized platform.
NuggetRush will introduce a blockchain-based mining game where players can earn additional gains by mining for precious minerals. Game participants can trade these assets for real value on the platform’s marketplace. NFTs are also baked into the game, boosting adoption from Web3 users. NuggetRush introduces a collection based on in-game characters and a rare collection that can be traded for real gold. Holders can stake these NFTs for a 20% APY, making NuggetRush the best crypto to invest in.
This play-to-earn angle has drawn the interest of large investors to the NUGX crypto ICO. So far, the project has raised over $3.75 million thanks to whale support. More than 270 million tokens have been sold, and the platform is set to launch soon. NUGX has surged from $0.01 to $0.019 during the event, representing over 90% gains to early investors. This crypto ICO performance has strengthened bullish expectations for the token, with analysts expecting a hundredfold surge after the exchange listing.
Solana’s (SOL) Performance Triggers Expectations For A Push To All-Time Highs
Solana‘s focus on scalable smart contracts has given it a solid reputation in the blockchain sector. Solana has been gaining bullish momentum in recent months, suggesting a potential uptrend. Despite falling below $200 recently, SOL is still bullish for the year. Its price is trading just below the $200 market; a slight pump could send it to highs. Another reason for this bullish outlook is the token’s on-chain performance. This year, Solana pulled more developer adoption than Ethereum, raking in almost $5 billion in total value locked.
The hype surrounding Solana memecoins and DeFi exchanges related to the ecosystem has been driving this performance. The bullish performance of meme coins like Dogwifhat, Myro, and Slerf has increased the popularity of Solana. Even airdrops from exchanges like Jupiter played a massive role in the Solana’s prominence. Analysts are optimistic that SOL could hit $230 before the end of Q2 if the Solana ecosystem continues to trend.
Toncoin’s (TON) Endorsement By Telegram Sets The Stage For More Crypto Adoption
Telegram’s introduction of the option to use TON for advertising follows its decision to share 50% of its ad income revenue with channel owners. The decision will boost channel transparency and improve the adoption of Toncoin on other social apps. Telegram has also promised withdrawals without fees for earnings.
This will incentivize more content creators to engage with the adverts on Telegram. After the announcement, TON delivered over a 2% upsurge in its value. This hints at further growth of the token as the adoption of Toncoin increases. Toncoin pushed to its ATH of $5.70 last month, and investors expect it to surge higher.
Conclusion
Telegram’s adoption of TON for payments is evidence that crypto adoption is expanding at an impressive rate compared to other industries. As this trend continues, cryptocurrency could dominate payments before the end of the decade. With demand for bullish altcoins on the rise, Solana and NuggetRush have emerged as top picks. In response to this development, Solana and NuggetRush are already gearing up for a bull run that could deliver life-changing returns to investors.
Visit NuggetRush Presale Website
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