The newly launched meme coin NuggetRush (NUGX) has made its debut on Uniswap, a leading decentralized exchange (DEX) in the crypto world. This listing follows a successful presale, where NuggetRush raised over $3.8 million by selling more than 270 million NUGX tokens.
Dextools reports that NuggetRush currently boasts a market capitalization of approximately $11 million and liquidity of $450,000. These figures indicate substantial community interest and suggest potential growth for the budding project. Notably, there has been significant trading activity in the past 24 hours, with a trading volume totaling $31k. Moreover, NUGX token has surged by 15% since its launch.
NuggetRush (NUGX) sets itself apart by blending gaming excitement with blockchain technology, offering more than mere entertainment by integrating real utility. The coin introduces players to immersive play-to-earn (P2E) gameplay, where they embark on mineral-rich adventures, excavating resources and collectibles while managing a mining enterprise. Players are rewarded with in-game currency, machinery, and NFT characters, with advanced machinery enhancing mining efficiency and earnings.
Players oversee mining operations, starting with basic equipment and a small plot of land, exploring detailed virtual landscapes to locate valuable minerals. They employ various techniques such as geophysical surveys and soil sampling to identify excavation sites, then proceed to dig shafts, construct tunnels, and operate machinery for extraction.
NuggetRush prioritizes sustainability and community support by partnering with gold providers to deliver winnings directly to miners in less-developed regions. The platform's native utility and governance coin, NUGX, is deflationary, potentially bolstering prices over time.
NuggetRush's listing on Uniswap marks a significant milestone for the project, enhancing visibility and accessibility within the DeFi space. Uniswap's prominence ensures broader investor participation, with relatively low transaction taxes currently under 2%. With around 500 holders and a 10% value increase over the last 24 hours, NUGX trades at approximately $0.023.
On the evening of February 23, Erin Koen, head of governance at the Uniswap Foundation, launched a proposal to the Uniswap Governance Forum, proposing to use a fee mechanism to reward UNI token holders who have entrusted and pledged their tokens.
JinseFinanceThe country of spring brings warmth and flowers bloom, and it comes first to welcome spring and bloom gold. The fire burns the leaves of the forest, the red clouds fall, and the plum blossoms bloom in full bloom, and the whole tree turns white.
JinseFinanceWhat does the Uniswap Foundation’s latest proposal say? The price of UNI rose from US$7 to US$12 in a short period of time, an increase of more than 70%.
JinseFinanceNuggetRush (NUGX) stands out in crypto downturns with Play-to-Earn gaming and real-world rewards. Celestia (TIA) and Chainlink (LINK) face challenges. NUGX is a promising choice for investors.
Xu LinPancakeSwap has upgraded to V3 by forking the code of the Uniswap V3.
BeincryptoWhat is so unique about Uniswap newest NFT marketplace?
NellUniswap is currently showing its desire for NFT financialization. The exchange has opened talks with several NFT lending protocols concerning ...
BitcoinistUniswap stated that they hope her TradFi experience will translate to DeFi, further helping them develop their position in Web3.
CointelegraphCointelegraphCan this protocol take control of itself and reduce its reliance on Uniswap Labs?
Cointelegraph