Ethereum (ETH) has maintained its December Bullishness amid increased competition from Solana. MicroStrategy has also increased its Bitcoin (BTC) holdings in anticipation of a bull run.
Yet, NuggetRush’s (NUGX) presale has drawn interest from all over the crypto market. Early NUGX investors have earned a 50% increase. Yet, can the mining game become one of the best DeFi projects of 2024? Let’s hear expert opinions.
Ethereum Remains Bullish Amid Competition from Solana
The battle between top altcoins has heated up in December following Solana’s spectacular increase. Ethereum (ETH) has also recorded a bullish performance since November following increased calls for Spot cryptocurrency ETFs.
ETH traded at $1,816 on October 31. A month later, ETH jumped by 14.9% to $2,087 by December 1. As market bullishness soared, ETH recorded a 13.9% increase to $2,378 by December 27.
Ethereum’s (ETH) growth could continue in 2024 due to the popularity of real-world asset (RWA) tokenization. The market valuation of asset tokenization surpassed $2 billion in 2023. Ethereum is already a major player in the tokenization industry.
Yet, analysts say Ethereum’s (ETH) asset tokenization drive would get a significant boost in 2024. This will help Ethereum withstand competition from Solana. It could further push ETH’s value up by 13.2% to $2,692. If Ethereum (ETH) keeps rising, it could become one of the top crypto coins to buy now.
NuggetRush: Changing the Narrative Around Crypto Gaming
Since the launch of projects like The Sandbox and Decentraland, crypto gaming has become more popular. Yet, many P2E enthusiasts claim that most crypto games are limited in their fun and reward-earning potential.
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Author: AMBCrypto Team