Although memecoins were originally designed to be fun and playful, the fierce competition in the crypto space meant they had to evolve. However, Pepe’s (PEPE) growth is entirely based on hype as it lacks practical uses.
As a result, savvy investors have been shifting their focus from Pepe to utility-backed memecoins like NuggetRush (NUGX). This top ICO is a blend of P2E, GameFi, and memes, captivating the interest of investors.
NugetRush (NUGX) is fast replacing Pepe as one of the best coins to invest in. It has practical applications as well as significant growth potential.
There is massive participation in its ongoing presale because of its unique offering. At the moment, over $700,000 has been raised. Its next target is $1 million, positioned as a good crypto to buy.
While Pepe is entirely based on hype, NuggetRush has practical use cases. This is because it is a blend of play-to-earn (P2E), GameFi, and impact gaming. Being a P2E coin, it will be used for all activities within the ecosystem.
NUGX will also function as the governance token, which will contribute to its soaring demand.
It further sets itself apart with its focus on charity. It aims to contribute to the betterment of miners in underdeveloped countries by giving them a percentage of rewards and in-game purchases. This makes the game not only enjoyable but also meaningful.
The presale is in its third stage, and a token costs only $0.013. Experts predict a 45x value increase after launch, positioning it as the best new crypto to invest in. If you wish to become an early member of this community, click the link below.
Pepe (PEPE) is one of the leading memecoins and ranks among the top altcoins on the market. It rose to prominence in the second quarter of 2023 and has since maintained its status as a top crypto. What are its appeals, though?
It is one of the most popular ERC20 coins. Pepe is a deflationary memecoin launched on Ethereum, created as a tribute to the internet meme Pepe the Frog. Lacking utility, it was designed to capitalize on the popularity of memecoins like Shiba Inu and Dogecoin. Other appealing features include its no-tax policy.
Remarkably, it skyrocketed after its launch, with its market cap reaching $1.6 billion at one point. However, it has been on the decline afterwards, with no real demand to sustain its growth. This highlights the importance of investing in utility-backed tokens in the crypto scene.
Consequently, investors have been doubling down on projects with practical applications instead. Without any use cases, Pepe will be unable to compete in the dynamic crypto world at some point—its free fall will likely continue.
While it turned out to be a good investment for early investors, it might not be the same for new investors coming in. Therefore, investors have become strategic in choosing their memecoin investment to make it.
Savvy investors are doubling down on utility-backed memecoins like NuggetRush at the expense of Pepe. This is because it integrates P2E, which will drive demand and, in turn, push up and maintain its price. In summary, it represents a better investment.