Polygon vs. NuggetRush vs. Chainlink: Which Crypto Will Outperform in 2024?
Although there was market turmoil due to a false Bitcoin ETF story, Polygon’s (MATIC) market is now back to normal. NuggetRush, on the other hand, brings back the joke coin market with NUGX staking, which offers up to 20% APY.
Still, some Chainlink owners have held on to a lot of LINK for six years without seeing it. Are Polygon and Chainlink going to keep going up until they catch NuggetRush? Let’s look around here.
- Google Cloud checks Polygon’s network for validity, which helps MATIC’s price go up a little.
- With its many NUGX tools, NuggetRush brings the unstable meme coin market back to life.
- Holders of Chainlink keep buying more as LINK keeps going up.
Polygon Sees Changes on Its Network, but MATIC Isn’t Affected
Google Cloud became a verifier on Polygon’s (MATIC) network on September 30, 2023. This was a big change. These changes are in line with Polygon’s (MATIC) goal to increase Ethereum’s impact and show that tech leaders are becoming more involved in making blockchain popular.
The MATIC team at Polygon just released the latest version of their STARK-based system, called Miden VM (v0.7). This update has a better development tool, an improved assembly language, and better data logistics. Beginning of Miden, Bobbin Threadbare talked about this Polygon (MATIC) important event in his X thread.
After crazy market changes caused by false claims of a spot Bitcoin ETF approval on October 15, 2023, Polygon’s (MATIC) market is back to normal. Notably, a number of altcoins have done well since the confusion. At the moment, on-chain info shows that Polygon’s (MATIC) price is going up.
Polygon (MATIC) was worth $0.5194 on October 17, 2023. Analysts think that MATIC will keep going up and trade at $0.5775 by the end of 2023. This will be possible thanks to changes in its network. So, today is a good day to buy Polygon (MATIC).
NuggetRush (NUGX) Stays Stable in a Volatile Market
NuggetRush wants to bring new life to the unstable meme coin market during the current bear market. It has features like NUGX staking and awards of up to 20% APY to bring the industry back to life.
Play-to-earn (P2E) games and tokenomics are being used by NuggetRush (NUGX). The governance token is meant to have deflationary properties. A lot of things have led to the fast growth of a busy community and higher demand for NuggetRush (NUGX) during its presale.
They include new technology, growth driven by the community, and a vision that lets people interested in NFT, decentralized finance (DeFi), and gaming find and benefit from what NuggetRush’s (NUGX) team calls an “ecosystem of rewards.”
Also, NuggetRush’s future looks bright, with a busy plan that makes NUGX a top meme-coin. The launch of NuggetRush’s marketplace and the implementation of a NUGX staking system are among the planned changes.
The presale for NuggetRush’s crypto ICO is now in Stage 1, and each NUGX coin is being sold for $0.010. Analysts say that now is the best time to get into the market because NUGX’s value will skyrocket in the next month and hit its listing value of $0.020, giving investors a 100% return.
Chainlink Holders Rise, LINK Slightly Bullish
A group of big Chainlink investors owns a lot of LINK tokens, keeping their shares at levels that haven’t been seen in six years.
Sentiments on-chain data from October 17, 2023, shows that Chainlink (LINK) has gained 30% in the last five weeks. The study also shows that Chainlink “whale wallets” with 100,000 to 1 million LINK tokens have been aggressively buying more. In the past week, they have added a huge $38.5 million worth of LINK tokens.
Chainlink (LINK) has gone up 20% in the last month, which is interesting. Still, if you look at the monthly chart, you can see that the price has changed a lot between $6 and $8.
On October 16, Chainlink (LINK) released its most current adoption update, which showed nine new integrations involving five Chainlink services that were used on multiple chains. Chainlink (LINK) also worked with SWIFT and the Australian bank ANZ to look into how real-world assets can be used across chains.
All of these changes keep making Chainlink (LINK) go up. LINK was worth $7.32 on October 17. Analysts think that LINK will keep going up and reach $8.12 by the end of 2023. This will happen because crypto whales will want it more.