- DFW Labs doubles down on Floki with a $10 Million Investment, boosting its price to about a 13-month high.
- NuggetRush is the next big crypto pick, backed by real utility and gaming incentives.
- NUGX’s potential for post-launch gains is high, with its presale liquidity exceeding $2.5 million.
Digital asset market maker DWF Labs has revealed its plans to purchase $10 million of Floki (FLOKI) tokens. The announcement triggered a remarkable surge in the FLOKI’s DeFi coin price to a level not seen in a year plus, registering a 70% rise in a week. While the meme coin market has been quite active recently, many wonder if Floki’s rally will continue.
Also, a new meme cryptocurrency project, NuggetRush (NUGX), has delivered one of the most impressive presale events. Its potential for post-launch gains is high, with its ongoing initial coin offering (ICO) liquidity flying past $2.6 million in a relatively short time.
NuggetRush mixes GameFi, Web3, social impact, and incentives, so investors buy the NUGX tokens in bulk. Let’s continue this article to uncover the bullishness behind NuggetRush’s ICO and Floki’s rally amid speculations of whether it will continue.
NuggetRush’s (NUGX) Presale Draws Over $2.6 Million In Investments
NuggetRush came into the limelight in mid-October last year with the beginning of its presale, and now it is about to launch. The presale event is split into five rounds, each with a higher DeFi coin price than the former as the event progresses. NuggetRush is in the fifth round, selling for $0.018 per token, an 80% increase from its initial value of $0.010. NuggetRush has reached a milestone of raising over $2.6 million from selling over 203 million tokens.
NUGX has only 500 million tokens, of which 215 million were hard-capped for the presale. Of this amount, only about 600,000 tokens remain before this top ICO concludes. The token inherently has multiple utility benefits from its blockchain game, which lets players earn by mining for precious minerals that are exchangeable for actual cash.
NuggetRush represents a high-value and robust ecosystem that offers investors the benefits of a play-to-earn gaming experience and collections of the best non-fungible tokens (NFTs). Two NFT collections are connected to the game – character-based and rare RUSHGEM NFTs. These collections are tradable on the NuggetRush marketplace, and the RUSHGEM NFTs can be swapped for real gold. NUGX also has staking rewards of a 20% annual percentage yield when holders lock their collectibles.
Floki (FLOKI) Skyrockets 37% Higher Following DWF Labs’ $10 Million Acquisition Plan
FLOKI‘s value soared 37% after DWF Labs announced its plans to strengthen its partnership with the project. The digital assets investment firm will purchase $10 million worth of FLOKI tokens directly from the project’s treasury over two years. Currently trading close to the $0.00006 level, Floki has maintained its gains over the week with a 70% price increase and a rise in its trading volume to over $382 million in 24 hours.
As announced, DWF recognizes the potential for an “explosive” bull run in the cryptocurrency industry and aims to leverage FLOKI’s utility and marketing strength to capitalize on this opportunity. DWF Labs first purchased $5 million worth of FLOKI tokens in May 2023, and since then, the firm has played a pivotal role in boosting the crypto’s adoption.
Through the partnership, DFW Labs reportedly facilitated key exchange listings, introduced Floki to influential industry projects, and publicly championed the token’s progress. With these exciting achievements and more developments, Floki is set to continue on an upsurge if this momentum persists.
Conclusion
As Floki receives an inflow of massive liquidity due to their recent performances, NuggetRush also meets the bullish expectations of meme coin enthusiasts. Investors from the retail and institutional spheres are bulk-buying NUGX, and its growth of over 80% is impressive, considering that the token has yet to launch. NuggetRush is up for explosive gains when the platform goes live on exchanges with a minimum price of $0.020. Interested investors can secure their position with this top ICO at the current discounted price before it gets too expensive.
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