Top 3 Utility Tokens To Watch In The Coming Bull Run

TLDR

• Chainlink (LINK) could soar in Q3 2024.
• Uniswap (UNI) could also capitalize on the rising market bullishness.
• NuggetRush’s $NUGX token is one of the most in-demand investments in the crypto sector.

Chainlink’s (LINK) CCIP will help streamline the development of AAVE products. Uniswap could also soar following its rising network activity. 

Still, both projects can’t match the growing fame of NuggetRush (NUGX), a mining game that offers gold rewards and NFT staking. NuggetRush also offers community participation. Yet, can NUGX become one of the best gaming tokens to buy? Keep reading for more.

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NuggetRush – Turning Little Investments to Gold Mines

NuggetRush (NUGX) is a unique way to gain exposure to the artisanal mining sector. It features a 3D game that recreates the thrill of artisanal mining. The project offers the opportunity to conquer mining adventures while enjoying NFT and real gold rewards. NuggetRush features interactive gameplay that offers solo and group adventures, thus increasing the enjoyment potential of NuggetRush (NUGX). 

Its ecosystem also gives opportunities to collect gold and NFT prizes while supporting artisanal mining communities. NuggetRush’s gaming adventures consist of soil surveys, shaft digging, merchandise purchase, employment of mining workers, and excavation of resources. How smoothly you complete mining challenges on NuggetRush (NUGX) will depend on the efficiency of your machinery and workforce. 

NuggetRush (NUGX) offers a variety of equipment and NFT characters. Some are more skilled in mining, while others are seasoned entrepreneurs. Gamers can also earn money from collecting NFT assets from NuggetRush (NUGX). They can earn money from peer-to-peer buying and selling of NFT assets. NuggetRush also offers multiple earning opportunities in its ecosystem. These opportunities include trading valuable gaming collectibles. 

Gamers can sell NFT assets for cash. They can also engage in NFT staking, earning up to 20% APY depending on the length of the asset lockup. NuggetRush (NUGX) is now one of the fastest-growing gaming communities in the crypto ecosystem. It raised over $3.8 million from a now-concluded presale. NuggetRush’s NUGX token is now one of the most bullish meme coins following its listing on Uniswap.

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Chainlink Welcomes a Long-Term Collaboration with AAVE

Bitcoin’s return to $60,000 could spur a market rally for top crypto coins like Chainlink (LINK). Several cryptocurrencies suffered sharp losses as the market tanked. Despite its rising DeFi activity, Chainlink fell, dropping below $18.00.

Chainlink’s LINK token traded at $17.96 on April 2. It fell by 16.03% to $15.08 on April 21. LINK dropped by 8.42% to $13.81 on April 28 before recovering by 3.69% to $14.32 on May 4.

Chainlink (LINK) holders expect a swift price recovery following the network’s recent partnership with AAVE. Details of the partnership show that AAVE will expand its utilization of Chainlink’s (LINK) Cross-chain Interoperability Protocol (CCIP). 

AAVE’s use of Chainlink’s CCIP will boost its access to liquidity. This could help solidify Chainlink’s (LINK) position as one of the top DeFi projects while pushing LINK’s value up by 31.91% to $18.89.

Uniswap Holders Expect a Swift Recovery in Q3 2024

Uniswap’s (UNI) drop below double digits has worried many investors. The market had suffered a price crash in April following Bitcoin’s decline. Top altcoins like Uniswap dropped considerably following the crypto crash. 

On-chain reports show that Uniswap’s (UNI) market capitalization fell by $2.3 billion since April. Uniswap’s UNI token traded at $12.43 on April 1. It fell by 44.63% to $6.8814 on April 17 before recovering by 15.91% to $7.9763 on April 27. UNI then dropped by 5.56%, reaching $7.5327 on May 4.

Market analysts expect Uniswap’s (UNI) high network activity to spur its rally. In mid-April, Uniswap’s (UNI) all-time L2 volume surpassed $250 billion. Analysts expect this figure to rise considerably in the remainder of 2024. Furthermore, they expect a market recovery to boost DeFi activity on Uniswap (UNI). This could push UNI’s token up by 38.60% to $10.4407.

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