Crypto News: MANTA Slowing Down, NuggetRush Presale Emerges as a Beacon for Dynamic Portfolio Growth

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TLDR

  • Manta Network’s Manta Pacific has become the second-largest Layer 2 network, surpassing Coinbase’s Base network. The success is attributed to the New Paradigm campaign, which introduced yield-bearing assets. Manta Network (MANTA) achieved a 68% increase in Total Value Locked (TVL) to $464 million.
  • NuggetRush (NUGX) is more than a meme coin, standing out as an advanced project in the crypto space. Integrating gold mining and crypto, it operates a play-to-earn game on the Ethereum Blockchain, offering rewards and NFT characters.

In the dynamic cryptocurrency market, two projects emerged with unique features, garnering attention for distinct reasons. Manta Network (MANTA) and NuggetRush (NUGX) are at the forefront of innovation and advancement, contributing to the evolving narrative in the crypto space. Here, we will delve deeper into the developments and unique attributes of Manta Network and NuggetRush.

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Manta Network’s Ascent to Second-Largest Layer 2 Network and Anticipation for a February Surge

In recent Manta Network (MANTA) market developments, Manta Pacific exceeded Coinbase’s Base network to become the second-biggest Layer 2 network

The co-founder of Manta Network, Kenny Li, credited this success to the New Paradigm campaign initiated by Manta Network (MANTA). The campaign unveiled yield-bearing assets into the Layer 2 network and helped propel Manta Network’s Manta Pacific to the fourth spot in a few weeks before its most recent development.

Kenny Li also said that when a user’s deposit enters the platform, it is quickly staked, and the resulting yield is given to the depositor. Elsewhere, if Manta Network (MANTA) users decide to deposit USSDC, the stablecoin is used to accrue yield from the US Treasury, leveraging the collaboration with Mountain Protocol.

Notably, Manta Network (MANTA) offers Manta Pacific and Manta Atlantic networks. Notably, Manta Pacific works as an EVM-compatible network, catering to decentralized applications and using Celestia (TIA) for data availability.

Manta Network (MANTA) achieved a significant milestone with a 68% month-to-date increase in Total Value Locked (TVL) to approximately $464 million, as reported by blockchain analysis firm DeFiLlama.

In addition to this milestone, Manta Network has solidified its standing as the 44th Binance Launchpool project. The announcement of listing across numerous Centralized Exchanges (CEX) has intensified excitement around the upcoming Token Generation Event (TGE) and the MANTA airdrop.

Despite the developments, the project has slowed down considerably. On February 4, 2024, Manta Network (MANTA) was valued at $2.74, down 21.25% in the past week. Experts say MANTA will rise to $3.45 in February, supported by multiple developments on its network.

NuggetRush (NUGX) – A Game-Changing Crypto Project with Gold Mining, NFTs, and P2E Innovation

NuggetRush (NUGX) is more than a simple meme coin. It is an advanced project in the crypto space, dominating as the best meme coin to watch. Interestingly, its ecosystem rewards mechanism makes it attractive and outstanding for most investors.

In that context, NuggetRush (NUGX) integrates gold mining, crypto, and physical world artisanal mining. The play-to-earn (P2E) game is powered by the Ethereum Blockchain, guaranteeing massive accessibility and transparency.

NuggetRush’s (NUGX) unique fusion of discovery, strategic thinking, physical world rewards, and cool NFT characters have attracted early investors globally. All these investors believe the token is the best crypto investment in the market.   

The epicenter of NuggetRush’s (NUGX) game features overseeing mining operations, beginning with a small land and the essential equipment.

GameFi enhances the gaming experience, allowing NuggetRush (NUGX) gamers to convert the rewards from tournaments, quests, ranked play, and battles into tangible physical assets.

The available in-game assets on NuggetRush (NUGX) are collected while playing the game and can then be traded on the platform’s marketplace. NuggetRush (NUGX) is also outstanding because of its dedication to its active community. It strives to improve the standard of living of artisanal miners operating in underdeveloped countries.

Currently, NuggetRush (NUGX) is in round 5 of its presale, valued at $0.018. Interestingly, the token’s value will surge to $0.020 at the end of this round, which also marks the end of the presale. 

NUGX will list on mainstream exchanges at this price, with an 11.11% ROI for current investors. The project has sold over 170 million tokens and raised over $2 million. Its growth potential makes it a good crypto to buy now.

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