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TLDR:
- In the current meme coin frenzy, activity measured in transactions has crossed above Ethereum on the Solana network.
- A major update for a network has been announced by Shytoshi Kusama- the lead developer of Shiba Inu.
- NuggetRush has garnered in excess of $3 million in advance of going live.
Over the last couple of weeks, the activity of the Solana network has increased. The surge in the meme coin craze on the blockchain has led to Solana’s total trading volume soaring past Ethereum, per DefiLlama.
In other news, Shytoshi Kusama has announced a new development for the Shiba Inu ecosystem. Meanwhile, NuggetRush has caught the attention of the cryptocurrency community, raising over $3 million in its cryptocurrency ICO stage.
NuggetRush (NUGX) Raises Excitement Ahead of Launch
NuggetRush (NUGX) is a gaming network that is surfacing as a blue-chip DeFi project in 2024. The mining adventure game has made the project the darling of investors as well as gamers. At NuggetRush, rewards are achievable by gamers who opt to pick up the artisanal mining business.
The game provides the complete knowledge of professional artisanal mining. Players can locate areas abundant with minerals, buy machinery, hire workers, and set up their mining enterprises. Players can earn money through the sale of high-value game assets from your mining activities, making it one of the best crypto investments.
The assets depend on artifacts, mining technology, laborers, and precious metals. The game’s market also allows the players to plow back their earnings by increasing the size of their resource-digging operations. Growing your mining operation yields more benefits. One of the strategies for growing is to utilize the capabilities and know-how of other players.
NuggetRush is growing, selling more than 238 million NUGX tokens to investors. The presale of the project has also generated more than $3 million. NUGX’s value is now $0.019 after a price pump of 90% from its initial price of $0.010. However, the project’s official launch is soon, with crypto experts projecting a gain of up to 50x.
Solana (SOL) Flips Ethereum Amidst Meme Coin Frenzy
Over the last few weeks, there has been a surge in network activity on Solana (SOL). The surge has been a result of a frenzy in Solana meme coins over the last few weeks. The latest is Book of Meme (BOME), which has surged to a market cap of over $1.45 billion.
As per data from DeFiLlama, Solana reached a new record of $3.79 billion in trading volume. The surge in network activity saw Solana beat out Ethereum in trading volume on March 15.
A pseudonymous user, “Dagnum,” on X reported that this surge led to congestion on the network. On the upside, the altcoin price has surged past $210 for the first time since December 2021.
Shiba Inu (SHIB) Lead Developer Announces Major Update
The lead developer of the Shiba Inu ecosystem, Shytoshi Kusama, has announced that within the upcoming quarter, beta testing for the P2E version of the Shiba Eternity game will start. Kusama made the announcement in an AMA session on the Shibarium Tech channel on Discord.
Mazrael also announced on X that developers are already testing the game in-house. The Shiba Inu-themed strategic card battle game was released in October 2022 and has drawn over 500,000 players.
The game release will provide even further value soon for the ever-growing Shiba Inu network. In other news, the SHIB token has been one of the top altcoins as it has surged by over 180 percent over the last month.
In Conclusion
Solana’s price has been positively affected by the rise of meme coin activities, and it has outperformed Ethereum in terms of trading volume. At the same time, the Shiba Inu ecosystem, which is another meme coin leader, looks forward to the release of Shiba Eternity to widen its usability.
However, NuggetRush has become one of the top cryptos to buy because of its interesting elements and profit making possibility. Its launch is approaching within a few weeks; thus, now is the perfect time to participate in NuggetRush.
Visit the NuggetRush Presale Website
*This article was paid for. Cryptonomist did not write the article or test the platform.
