Seeking High Returns: Polkadot Investors Shift Focus to a Rising Cryptocurrency P2E Challenger

14 views 11:29 am 0 Comments July 4, 2024

TLDR

  • Polkadot (DOT) has launched a new investment fund for real-world assets.
  • Analysts say this could boost DOT’s trading activity.
  • NuggetRush (NUGX) gaming adventure could challenge top play-to-earn networks in the crypto industry.

Polkadot (DOT) is looking to expand its services into the tokenized assets industry. It has already created a special investment fund for tokenized US treasuries. Yet analysts wonder if this could spur a Polkadot (DOT) rally. 

DOT holders are now turning to NuggetRush (NUGX), a special mining adventure that offers exciting rewards, including NFTs and real gold. NUGX’s value has gone up by 30% already. Yet, can this make it a top ICO project? Let’s discuss.

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Polkadot Expands Investments with Tokenized Treasuries Fund

Polkadot has announced the creation of a fund dedicated to investing in real-world assets on Centrifuge, an on-chain finance platform. Part of Polkadot’s first investments in real-world assets would include an investment in US treasuries. 

The announcement comes amid DOT’s November rise. DOT was trading at $3.904 on October 21. By November 5, DOT had risen by 22.2% to $4.773. DOT’s bullishness continued, and it reached $5.573 on December 2.

Polkadot’s growth has been remarkable in 2023. One of its most popular partnerships is a Learn and Earn collaboration with Revolut. The partnership has likely increased the Polkadot user count. It has also boosted its trading activity. 

Analysts say Polkadot’s popularity will keep rising following its tokenized assets investments. Furthermore, they expect it to become one of the top DeFi projects. This could push DOT’s price up by 46.5% to $7.99.

NuggetRush: Becoming the New King of Play to Earn Games

The play-to-earn community has long yearned for a novel experience that offers both exciting challenges and high rewards. NuggetRush (NUGX) is an answer to such yearnings. The game features an ecosystem of artisanal miners, investors, and lovers of play to earn experiences.

NuggetRush (NUGX) challenges players’ dexterity and resource management via its mining adventure. The game demands that players build mining businesses that are profitable. To help them, NuggetRush (NUGX) gives NFT characters and machinery. These characters include professional artisanal miners and skilled entrepreneurs.

Players can upgrade their machinery and NFT characters for higher efficiency. Upgraded NFTs also have a higher value on NuggetRush’s marketplace. Players can easily swap in-game collectibles for cash. 

Furthermore, players can stake their NFTs, earning fixed interest. By offering NFT staking, NuggetRush (NUGX) increases its real-world utilities. This could make NuggetRush a challenger to the most popular NFT projects.

NUGX’s blockchain ICO just entered the third round of its presale. Trading at $0.013, NUGX has risen by 30% from its first-round price of $0.010. By round four of NUGX’s presale, its value would rise by 15.3% to $0.018. Its listing price is $0.020.

Visit NuggetRush Presale Website