TLDR

• Avalanche (AVAX) will invest in meme coins via its Culture Catalyst Programme.
• AVAX has also soared impressively in December.
• NuggetRush (NUGX) has unveiled gaming adventures for lovers of artisanal mining.

Avalanche (AVAX) plans to increase its meme coin involvements following the rapid growth of BONK and PEPE in 2023.

Yet, NuggetRush’s (NUGX) mining game and its gold-backed rewards seem more exciting as its presale has sold 130 million tokens. Now, analysts wonder if NUGX can become one of the best new ICOs. Let’s hear their opinions.

Avalanche Set To Boost Rally with Meme Coin Investments

Avalanche (AVAX) has announced a plan to invest in meme coins. Following the increased demand for meme coins, Avalanche will use its Culture Catalyst program to increase its meme token holdings. The news comes amid Avalanche’s meteoric increase since early November.

AVAX’s value stood at $12.21 on November 1. By December 1, AVAX had increased by 79.0% to $21.86. The market bullishness increased, pushing AVAX up by 50.1% to $39.39 by December 30.

Avalanche’s (AVAX) meme coin plan follows the sudden increase in Solana’s network activity due to demand for BONK. Increased meme coin demand has pushed BONK to become the third-largest meme cryptocurrency by market capitalization.

Avalanche (AVAX) could also reap similar benefits from investing in meme coins. Analysts say this could push Avalanche’s AVAX token up by 30.9% to $51.59. Market experts agree that Avalanche’s recent increase makes it one of the top DeFi projects.

NuggetRush: Meme Coin Lovers Find the  Next Big Project

For a long time, many in the crypto community have considered meme coins as having little utility. Despite great strides to change that narrative, analysts say few projects hold as much potential as NuggetRush (NUGX).

The network features a super realistic mining experience that offers spectacular NFT rewards. It challenges players to establish mining operations, win tournaments, and rise to the top of its leaderboard. The game rewards players after each completed task. Some of these rewards include mining equipment and NFT characters to join a player’s mining workforce.

On NuggetRush (NUGX), players can stake their NFTs to earn high APY rewards. This allows players to hold their NFT assets while earning money from them. The platform’s marketplace also offers easy trading of NFT assets.

Players can sell their mining equipment and NFT characters they no longer need. Finally, NuggetRush (NUGX) offers special NFTs that come with gold rewards. Players can find RUSHGEM NFTs that can be swapped for gold.

NuggetRush’s (NUGX) blockchain ICO has stunned the play-to-earn community after its token sale surpassed 130 million. Its presale revenue has also risen to $1.45 million. NUGX now trades at $0.015 after growing by 50% since the start of its presale.

NuggetRush (NUGX) is now in round four of its presale. Yet, NUGX’s value will climb by 20% to $0.018 by the next round.