NuggetRush Gains Momentum in P2E Arena; Decentraland (MANA) and GALA Investors Show Interest

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TLDR 

• Decentraland (MANA) has disappointed investors with its December fall.
• Gala holders expect a market boost following the network’s partnership with DWF Labs.
• NuggetRush (NUGX) is gearing up for round five of its presale after selling 159 million tokens.

Decentraland (MANA) has fallen below the $0.50 mark. Gala could rise again due to excitement around its partnership with DWF Labs.

Still, NuggetRush’s (NUGX) offer of NFT staking and gold rewards seems more attractive to most investors. NUGX’s presale has now sold 159 million tokens. Can it join the top DeFi projects of Q1 2024? Let’s hear from market experts.

>> Buy NuggetRush Now <<

After Selling 159 Million Tokens, NuggetRush Becomes Most Talked About P2E Project

The relationship between gamers and the blockchain gaming industry will change forever after the upcoming launch of NuggetRush (NUGX). Built on Ethereum, NuggetRush (NUGX) is an NFT gaming adventure that takes players to an artisanal mining universe. Its gameplay is about building wealth by setting up mining facilities all over its mineral-rich landscapes.

NuggetRush (NUGX) contains vast areas of land with abundant natural resource deposits. Gamers need a workforce and appropriate machinery to excavate resources and build wealth. When the game starts, players receive a few mining workers and some equipment. NuggetRush (NUGX) also rewards players with more machinery and workers as they progress along the game.

However, most resources you will need can be found on the game’s marketplace. You can purchase more efficient workers and machinery from other gamers via P2P NFT trading. You can also get the cash value of your NFT assets when you sell them. Another way to earn money for your gaming activities is to stake your game NFTs, earning up to 20% APY.

NuggetRush’s (NUGX) presale is in round five. Yet, it has sold 159 million NUGX tokens. It is now one of the most popular blockchain ICO projects. NUGX’s current price is $0.018 after its sharp 80% increase from its round one price.

>> Buy NuggetRush Now <<

Decentraland Falls From December High Despite NFT Marketplace Upgrade

In the final months of 2023, the crypto market entered a bull run triggered by demand for spot crypto ETFs. Decentraland (MANA), like other altcoins, rallied sharply. However, Decentraland’s bullish momentum faded at the turn of the year.

MANA traded at $0.4396 on December 1. As of December 25, MANA had jumped by 27.6% to $0.5610. MANA lost bullish momentum, falling by 16.6% to $0.4674 by January 3. It then fell slightly by 4.7% to $0.4454 as of January 14.

Some analysts were surprised by Decentraland’s (MANA) January decline due to excitement around its marketplace upgrades released in December 2023. Furthermore, they expect Decentraland to rise further due to growing activity in the play-to-earn industry. This could push Decentraland’s MANA token up by 55.8% to $0.6942. If Decentraland (MANA) rises further, it could be one of the most popular NFT projects in the gaming industry.

Gala Could Jump After Partnership with DWF Labs

On November 7, 2023, Gala partnered with DWF Labs to increase adoption of its layer-1 blockchain. The partnership would help Gala expand its services to include music, health care, logistics, decentralized finance, and IDs. The partnership could also overturn Gala’s current price decline.

A month after its partnership with DWF labs, GALA traded at $0.0315 on December 7. As of December 25, GALA jumped by 13.3% to $0.03571. GALA fell by 24.8% to $0.02684 by January 3 as its bullish momentum declined. It fell further, dropping by 5.9% to $0.02525 as of January 15.

Gala holders hope an expansion of its services will boost its demand in the gaming and entertainment industry. Furthermore, they expect excitement around the SEC’s approval of spot Bitcoin ETFs to push GALA’s value up by 58.6% to $0.04005.

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The post NuggetRush Gains Momentum in P2E Arena; Decentraland (MANA) and GALA Investors Show Interest appeared first on Cryptonews.