Exploring the Beginning of a Crypto Bull Market: Choosing Indicators and Prime Investments

By Crypto Gloom On Jan 4, 2024

by Gregory Pudowski

Posted: January 4, 2024 11:00 AM Updated: January 4, 2024 6:24 AM

briefly

While DOT and NEAR are enjoying significant growth, NuggetRush (NUGX) is unveiling an innovative meme coin ecosystem with an engaging play-to-profit mining game.

TLDR

Increasing demand for Inscriptions has led to a surge in network activity on Polkadot (DOT).
Near Protocol (NEAR) recorded significant gains in November.
Nugget Rush (NUGX) has unveiled its Meme Coin ecosystem featuring an exciting play-to-profit mining adventure.

The “inscription” of Polkadot (DOT) states: Transaction fee increase Pretty. Near Protocol (NEAR) also saw a notable increase in market capitalization.

yet, Nugget Rush (NUGX) It is dominating the cryptocurrency conversation after revealing an easy method. Earn NFT and Gold Rewards. Since the launch of the presale, the value of NUGX has increased by 50%. But does this make it one of the following? Best DeFi Projects In the gaming industry? Let’s discuss.

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NuggetRush tops investor wishlist after 50% increase.

Nugget Rush (NUGX) This is something that many Play to Earn enthusiasts have been craving for a long time. it features Meme Coin Ecosystem Join a vibrant community of adventurers and mining enthusiasts. in the center of Nugget Rush (NUGX) Play-to-profit mining is a thrill. Gamers must overcome various obstacles, collect machines, and Establishment of mining facility.

Resources obtained from mining operations are converted into cash through: Nugget Rush (NUGX) market. It takes gamers to succeed Luck, Critical Thinking, Resource Management technology. To make a lot of wealth, players will need skilled miners with efficient machinery. To invest in such a place Sharp thinking is needed From the player.

Thankfully, Nugget Rush (NUGX) The game reward is Can be used by both beginners and experts. The player also Working with professional minersUse your experience to earn higher rewards. Nugget Rush. They can also make money by selling the games they own. NuggetRush market.

Nugget Rush now 4th pre-sale After recording amazing numbers Blockchain ICO. Over 128 million tokens were sold. NUGX We also recorded: Stellar increased by 50% From the start of presale. NUGX Currently selling for $0.015. But it is 20% more growth It will increase to $0.018 by the next pre-sale round.

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Analysts predict a big 2024 for Near Protocol after stellar market capitalization growth.

A report from CoinMarketCap shows that Near Protocol (NEAR) has seen a notable increase since early November. It’s more of a protocol along with the rest of the cryptocurrency market. Entered a bull market November after expectations for spot ETFs.

On-chain data displayed $2.2 billion increase Near Protocol (NEAR) market capitalization from November to December. As of November 1, the value of NEAR was $1.5283. that 23.9% increase It rose to $1.8937 by December 1, following broad market strength. NEAR rose further, 115.9% increase It will change to $4.0895 by December 7th.

As an analyst, Near Protocol’s rise may continue Expect approval of spot cryptocurrency ETF First quarter of 2024. Investors increased their cryptocurrency holdings, resulting in high trading activity in several countries. Best altcoin.

Near Protocol (NEAR) also recently Partnership with Metaverse companies in korea. Analysts say this partnership could increase Near Protocol’s popularity in Asia. This could push NEAR further. 44.0% increase Up to $5.8895. If Near Protocol (NEAR) remains bullish, it could either: best cryptocurrency In 2024.

“Inscription” Drives Polkadot’s Network Costs to All-Time Highs

According to data from Token Terminal: Transaction fees soar At Polkadot (DOT). Between December 18 and December 25, Polkadot’s transaction fees were Highest ever: $2.6 million. According to the report, Polkadot (DOT) transaction fees increased by 1218% compared to last week.

Polkadot’s increased network activity coincides with: December DOT rally. DOT was trading at $4.7309 on November 1. A month later, DOT rose 15.7% to $5.4750. DOT increased by 68.5% compared to the previous quarter 2023 high $9.2287 It fell 10.1% on December 25 to $8.2926 on December 29.

The demand for inscriptions in Polkadot is Soaring since early November. Like Ordinals, Inscriptions allow you to insert images and other data directly into the chain. because of this Dapp and NFT creation.

Polkadot’s relay chain on December 21st Processed 1 million transactions., reached an all-time high. A further surge in network activity on Polkadot (DOT) 24.1% increase $10.2926.

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About the author

Gregory, a digital nomad from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With his extensive experience in the financial industry, his insights and expertise have been recognized by numerous publications. Making effective use of his spare time, Gregory is currently devoted to writing books on cryptocurrency and blockchain.