TLDR
1. Polygon has recently crossed the $1 price value, all thanks to its exciting developments in the field of DeFi crypto.
2. Nugget Rush is becoming the favorite crypto of many investors due to the popular P2E gaming feature.
3. As Nugget Rush has raised more than $2.5 million in the ongoing presale, it is on the right track to compete with Polygon in the future,
Polygon is the best crypto for beginners which is a collection of protocols created to tackle Ethereum‘s scalability hurdles. It addresses these challenges by managing transactions on a distinct Ethereum-compatible blockchain. This method effectively reduces the network burden on Ethereum to get faster transactions and slashing the costs to less than a cent.
In simpler terms, Polygon (MATIC) offers a convenient framework for both new and existing blockchain projects without facing scalability issues. The crypto price has recently crossed $1.00 and is expected to grow further.
Meanwhile, there is another cool crypto coin called Nugget Rush that is following Polygon. It is on the list of every crypto trader who looks at the top 10 cryptocurrencies. Will Nugget Rush be able to deliver the same success and cross the $1.00 mark soon? Let’s have a closer look at both the cryptocurrencies to find out.
What is Polygon and Why Is It Trending?
Polygon gives its users the ability to interact with any decentralized application (DApp) without concerns about network congestion. It manages to keep transaction fees minimal, often just a few cents. This is very less as compared to Ethereum’s average transaction fee of around $15.00. This cost-effectiveness is achieved through Polygon’s diverse protocols, making it the best DeFi crypto for everyone.
Responding to developer demand, Polygon has also started a blockchain bridge. This Proof of Stake (PoS) bridge helps developers to build DApps on one platform without sacrificing the benefits provided by other platforms. With a crypto market capitalization of around $11 billion, Polygon ranks among the top 25 cryptocurrencies.
Moreover, its maximum supply is capped at 10 billion MATIC and it has 7.5 billion coins currently in circulation. This finite supply will help to increase the demand in future.
Addressing the needs of everyday users, developers, and enterprises, Polygon aims to create an Internet of Things (IoT) ecosystem for the Ethereum blockchain. What distinguishes Polygon from other Layer 2 (L2) solutions is its comprehensive approach. Polygon provides greater control and customization options for selecting the most suitable scaling solution.
How Is Nugget Rush Performing in the Current Crypto Market?
It is one of the most popular NFT coins of this year with a keen focus on play-to-earn gaming and NFT staking. It is basically a game where you will get rewards for passing the different levels. These in-game rewards can be later exchanged for real gold. The current price of this new altcoin is $0.018 and is available in the presale.
Early users can take advantage of this low price and add it to their crypto portfolio. Once it goes live, the price is expected to increase to $0.020 and will grow further.
The most important factor that every crypto trader is concerned about is the taxes while buying or selling the coins. To your surprise, Nugget Rush is the only cryptocurrency that doesn’t charge any taxes on your investment. This will help you get more returns on your investment. For those who are looking for staking features, you can get an additional 20% returns by going to their marketplace and stake your NFT collection.
You can also buy, sell, or trade NFT items easily and create your own avatar if you want. Analysts predict that is the best NFT to buy right now and reap the benefits.
With a strong tokenomics package in place, it has dedicated 43% of the tokens to the general public. This will help it achieve a large liquidity among investors and more transparency in the project. It is a good crypto to buy as many investors have already bought this in the presale that has crossed $2.5 million in investment till now.
Conclusion
As Polygon has already crossed the major $1.00 mark, it is a significant stride for other cryptocurrencies to follow the pursuit. As Polygon had excellent features to offer, it was able to grab the attention of crypto investors. With Nugget Rush also offering real-world utilities for the general users, it is heading in the right direction to follow the same path. So, hurry up and buy this top crypto coin before the price increases further.
