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The meme coin market has been quite active recently. PepeFork (PORK) successfully launched, reaching a market cap of around $124 million. Meanwhile, the NuggetRush (NUGX) presale has raised $2.2 million. On the other hand, Bonk (BONK) fell 9% as market sentiment shifted.
NuggetRush is a platform on Ethereum that offers play-to-earn gameplay and unique tokenomics.
NuggetRush rising
NuggetRush has sold over 177 million NUGX, raising over $2.2 million.
In the current presale phase, NUGX is trading for $0.018.
NuggetRush also offers weekly giveaways of $1,000 to NUGX holders and those actively promoting the project on social media.
After the sale is over, the tokens will be distributed in five rounds.
NuggetRush has 500 million NUGX, giving out 43% to the public.
20% is set aside for listing and liquidity.
NuggetRush also offers a 20% APY for NFT stakers.
PepeFork rockets
PepeFork rose 600% and is now one of the top meme coins, with a market capitalization of almost $124 million.
However, some people are concerned that it might be a pump-and-dump scheme.
PepeFork can be traded on various exchanges, and investors are interested in it because it is supported by the AAA Web3 game Pikamoon.
Bonk slips 9%
Bonk is down 9% and is now trading at around $0.000013.
However, the token has recovered by 30% since reaching a low of $0.00000973 on Jan. 8, a 900% increase over the last year.
The Relative Strength Index (RSI) and the 30-day moving average technical indicators are both bearish in the short term for Bonk.
Final thoughts
PepeFork had a strong launch, while Bonk is under pressure. The NuggetRush presale has raised over $2.2 million.
Investors can buy NUGX using popular coins like USDT, ETH, and BTC. NuggetRush’s no-tax system and staking structure support growth.
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