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The Play-to-Earn (P2E) feature on most of the games in the gaming section of the cryptocurrency sector has made the section even more interesting.
Various cryptocurrencies power many projects that offer users the opportunity to earn by playing games, but some are facing losses. Interestingly, despite recent losses from cryptos like ApeCoin (APE) and Decentraland (MANA), players and investors see hope in NuggetRush (NUGX).
NuggetRush (NUGX) and its GoldRush offer
NuggetRush, although new on the block, aims to give its players an engaging and worthwhile gaming experience. It does this because of its interesting characters, its intense gameplay experience, and the in-game assets it provides to players. Bringing together gold mining, cryptocurrency and real-world artisanal mining, Nuggetrush provides fun, skill-building and real-world benefits for its players.
The completed and successful smart contract audit by SolidProof supports NuggetRush’s promise of security and transparency, a benefit of its Ethereum blockchain construction. In Impact Gaming and GameFi’s own P2E world, NuggetRUSh uses NUGX as its governance token, which is currently in presale.
NUGX is currently selling for $0.012 in the second round of presale, which is 20% higher than its first round price. With over 60% of the tokens of the second round sold, NUGX will soon see a price increase in the third round. NUGX serves as some sort of cross between a P2E token and a meme coin that supports a platform that features a player-driven peer-to-peer (P2P) NFT marketplace with no-but- There is sales tax. Apart from this exclusivity, some other features have kept the token relevant even in its ICO.
Some of these features include a character collection that serves as both gaming characters and an NFT collection, NFT staking up to 20% APY, ecosystem participation rewards, and rare RushGame NFTs that can be exchanged for real-world gold. and can be distributed to players. Also, the ability to customize avatar NFTs and sell or trade them makes the platform highly attractive and profitable, meeting the needs of gamers and traders.
After the fifth presale round, the launch price of the token will be $0.020, which is 100% higher than the price of the token in the first presale round.
ApeCoin (APE) and its uncertain rewards
ApeCoin (APE) is an ERC-20 token that serves as the utility and governance currency in the Bored Ape Yacht Club (BAYC) ecosystem. It is used to power the APE decentralized space and can also be used to gain entry to physical and digital events of the APE community.
APE began trading in March 2022, with tokens first distributed to holders of BAYC, Mutant Ape, and Kennel Club NFTs. Riding on the NFT trend, APE rose to prominence, where it started trading at over $7.20 and reached over $16.40 the next day.
APE investors have become uncertain about future rewards from the token due to fluctuations on the price charts in recent days. As of this writing, APE was selling for $1.43. It was losing 52% on the one-year chart and 1.3% on the seven-day chart.
Decentraland (MANA) and its rapid changes
Decentraland bills itself as the first user-built, user-governed, and user-owned decentralized metaverse. Decentraland is a virtual reality (VR) world to explore, interact, and play games. It is software that runs on Ethereum and encourages users sharing in its virtual world.
MANA is an ERC-20 utility token that serves as the native cryptocurrency for Decentraland. It can be used to purchase LAND, a non-fungible ERC-721 token that represents a piece of the virtual Decentraland world, an avatar, in-game goods and services, and wearables.
The volatility of the MANA token and sharp changes in its price cause losses to some traders. A far cry from its ATH of $5.85, reached on November 25, 2021, MANA is, at the time of writing, selling for $0.443034.
Visit the NuggetRush Presale Website
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Source: beincrypto.com