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TLDR
- NuggetRush is a community-owned GameFi platform on the Ethereum blockchain.
- Avalanche has reported an active record-breaking 1.3 million users and 1,708 validators monthly.
- Cardano Foundation’s partnership with Brazil’s oil giant Petrobras focuses on blockchain education and exploring energy sector applications.
Investors are analyzing three cryptos – NuggetRush (NUGX), Avalanche (AVAX), and Cardano (ADA) which have great potential for a surge in 2024. Moreover, Avalanche made record-breaking milestones in active users and validators, and Cardano Foundation made a visionary partnership with Petrobras.
In contrast, NUGX is making waves in the crypto market, positioned as the first play-to-earn meme coin. Let’s know which is the best crypto investment for 2024.
NuggetRush: The Unrivaled Force in GameFi
With impressive presale rounds, NuggetRush has been leading the new ICOs list since its launch. For sure, NuggetRush’s introduction of a community-owned game became a paradigm shift. This will restore decision and data control to the user while supporting deserving causes. Also, NuggetRush wants the native token, NUGX, to hit a $100 million market cap.
Additionally, NuggetRush is built on the Ethereum blockchain, allowing huge numbers of users to access the ecosystem and relish the game. In NuggetRush GameFi, the game blends the thrill of discovery and strategic thinking. On top of that, there is a possibility of gaining real-world rewards with gaming characters and Meme collectibles.
Right now, NuggetRush is in Round 4 of its presale, selling at $0.015 each. NuggetRush has successfully sold out more than 70% of NUGX tokens in Round 4. On the NUGX listing, the token will reach $0.02, and the Round 1 NUGX investors will see a 100% surge in their investment.
Crypto analysts say this is the best entry point into the market since NUGX is set to explode in 2024. It is worth noting that NUGX investors can also customize and sell their NFTs, ranking them as one of the most popular NFTs–related games to invest in.
Avalanche Witnesses Record-Breaking Active Users and Validators
Avalanche announced that its network has achieved a record-breaking surge in monthly active users and validators. Moreover, Avalanche reported that the AVAX network recorded 1.3 million active users and 1,708 validators on December 26.
These impressive numbers were an all-time high in the Avalanche network. With a positive momentum since the start of December, AVAX has promptly climbed up. In fact, AVAX has surged from $20.00 to $49.00 in December, representing a more than 140% surge.
In late-December, AVAX was trading around $40.00. Experts say the AVAX price trend has showcased an intense bullish outlook, trading above key MAs. The RSI of Avalanche stayed close to 70, adding more pace to AVAX’s uptrend.
Technical analysis of Avalanche suggests that AVAX is persisting in an upward trajectory. Therefore, experts say AVAX is skyrocketing the gains in the following crypto market. They anticipate that the altcoin price will be set to claim $50.00 at the start of 2024 if Avalanche keeps up the momentum.
Cardano Foundation Partners with Brazil’s Oil Giant
On December 20, the Cardano Foundation made a significant partnership with Petrobras. This groundbreaking partnership will offer Cardano blockchain education and explore use cases in the energy sector.
With the weeks of growing momentum for Cardano, ADA has experienced a significant uptrend in its price. On December 20, ADA, one of the top altcoins, was trading at $0.57. Following the announcement, ADA made an uptick to $0.63 on December 28, marking an excellent surge of 10.52%.
Looking at Cardano’s chart, ADA price shows a growing number of bullish candles. Crypto experts say ADA is trying to break out of a triangle shape that every Cardano enthusiast is waiting for. In fact, experts boast that Cardano needs to break above $0.80 for ADA’s price rally in 2024.
In addition, if Cardano’s bullish trend sustains, then a breakout rally might also take ADA to $1.10 in mid-2024. On the flip side, ADA might slip under the $0.50 mark.
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