TLDR
- The Sandbox (SAND) announced plans to expand its operations in India in late 2023.
- A few weeks after the announcement, SAND’s value fell significantly.
- NuggetRush’s (NUGX) anticipated launch draws nearer as its presale sells over 159 million tokens.
The Sandbox’s bullish momentum dropped in early January amid excitement around its plans for expansion in India. Analysts now debate how SAND will behave in Q1 2024.
NuggetRush (NUGX) is also gaining support after its presale sold 159 million tokens. The project is a mining experience where gamers can win gold and other valuable NFTs. Yet, can it become one of the top ICO projects? Let’s discuss.
The Sandbox Drops Below $0.60 After Unveiling Plans for Network Expansion in India.
Many investors are disappointed after The Sandbox’s (SAND) sharp fall in early 2024. The Sandbox rallied alongside other altcoins as anticipation of spot Bitcoin ETF approvals triggered a bull run. The Sandbox’s market capitalization had also grown by $500 million since mid-October.
Yet, The Sandbox fell below $0.60 by the second week of January. SAND traded at $0.4293 on December 2. As of January 1, SAND had jumped by 40.7% to $0.6042. However, SAND’s momentum weakened, and the token fell by 14.0% to $0.5192 by January 16.
The Sandbox (SAND) unveiled a plan to expand its blockchain operations in India. On December 21, 2023, The Sandbox partnered with CoinDCX and Okto Web3 wallet to boost its user count in India.
The move followed an earlier partnership between The Sandbox (SAND) and Brinc to launch BharatBox. Analysts say excitement around such plans could increase SAND’s value by 34.9%11 to $0.7009.
NuggetRush Sets Precedent With 20% NFT Staking APY
NuggetRush (NUGX) is an NFT gaming adventure built on a meme coin ecosystem. The game fosters the love for artisanal mining by creating a unique mining adventure with high-value rewards. On NuggetRush (NUGX), gamers earn money after excavating mineral resources. Players who want to maximize their wealth-earning opportunities need multiple mining operations.
NuggetRush (NUGX) contains professional miners who will aid your mining ambitions. Gamers must set up a team and provide appropriate equipment for successful mining operations. Some of NuggetRush’s (NUGX) challenges involve making the right investments in your mining enterprise. Players will get a few pieces of equipment when the game starts. However, they need quality purchases to ensure high mining efficiency.
Players who desire extra privileges can join NuggetRush’s Rush Guild Council. They will enjoy benefits like access to restricted zones within the game and voting rights. All players on NuggetRush (NUGX) are entitled to APY rewards of up to 20% when they stake their NFTs. Furthermore, they can earn cash from peer-to-peer trading of NFT assets.
NuggetRush (NUGX) aims to be one of the most popular NFT projects. Its blockchain ICO surprised many market experts after selling 159 million tokens. NUGX now trades at $0.018. It entered round five of its presale with a sharp 80% growth from its initial price. NUGX will jump by 33.3% to $0.020, thus kickstarting its exchange listing process.
Visit NuggetRush Presale Website
