As the crypto space gets excited about the recent pump that has seen Bitcoin (BTC) cross the $30,000 mark and Ethereum (ETH) soar as high as $1,500, the question of how high ETH can go remains.
What’s more, there are speculations about the ERC20 cryptocurrencies that would rise with it. On top of the list of watched tokens are NuggetRush (NUGX) and InQubeta (QUBE).
The recent price pump of BTC has once again pulled up the prices of most altcoins. This is great news, as it appears to end the long crypto winter. Following the many protocols built and developed on the Ethereum network, the price chart of ETH is of great interest.
As of the time of this writing, ETH was changing wallets at $1804.48 and was up 0.3%, 0.6%, 6.4%, and 13.8% on the 1-hour, 24-hour, 7-day, and 14-day price charts, respectively. This hike keeps ETH in the green and once again makes investors in altcoins excited, especially those invested in ERC20 tokens.
The end of the crypto winter might be coming at just the right time for ERC20 tokens in their presale stages, as this means their values would be recognized at the peak of the market’s excitement and activity.
The ERC20 tokens worth analyzing are QUBE, the native token of InQubeta, the crypto crowdfunding platform for AI startups, and NUGX, the token of NuggetRush, the play-to-earn (P2E) blockchain game.
The world of AI and the solutions the technology offers is having a field day in the technology news and the digital space. However, being an emerging technology, artificial intelligence is still looked at with tentative acceptance by potential investors in the traditional funding world.
This means that ideas from developers needing funding for their AI startups are stalled and may die off if a funding option is not set up. This is what InQubeta aims to solve: funding access for AI startups.
The native token, QUBE, is a deflationary ERC20 token that will be used to raise funds for AI startups and engage the InQubeta community. Holding the QUBE tokens, members of the InQubeta platform can participate in investing in AI startups through fractional investing. The assessed and qualified AI startups offer reward and equity-based NFTs to raise funds, and the QUBE token holders invest in the projects they believe in, making InQubeta an ecosystem that benefits both the startups and the QUBE holders.
Currently at Stage 4 of the presale phase, a QUBE token is going for $0.0133, with over 91% of the allocated token for the stage sold. The price rise of ERC20 tokens would probably rub off on QUBE, and only time would show how high the price would rise.
The utility token of NuggetRush, NUGX, is the second ERC20 token that experts and investors expect to rise on the back of ETH’s surging price. NuggetRush is a community-owned game that gives decision-making and data control to the users while supporting qualifying causes at the same time.
This play-to-earn game built on the Ethereum blockchain is an innovative game that integrates gold mining, cryptocurrency, and real-world artisanal mining to offer an immersive experience for players to earn rewards as they play. As the game characters double as NFTs that can be customized and traded on the player-driven peer-to-peer NFT marketplace without a buy-or-sell tax, the activities within the game contribute to improving the lives of artisanal miners in third-world countries.
Throw in the credibility of security and transparency offered to the NUGX project with the SolidProof Smart Contract Audit, and investors have many reasons to believe in NUGX. The rising ETH price will be an icing on the already delicious cake that is NuggetRush.
The ongoing NUGX presale has revealed the recognition that it draws through its speedy sales. Having scheduled out five rounds with allocated tokens, NUGX is currently at the first round, where 1 NUGX is selling for $0.01. About 75% of the allocated tokens for stage 1 of the presale have been sold.
The rising price of ETH is about to make more ERC20 tokens valuable. With this value adding to the utility values of NUGX and QUBE, these tokens might be set to be the next best thing in the altcoin space.
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