As Toncoin and Trust Wallet Token Face Hard Times, New Crypto Altcoin Offers Hope
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- Toncoin price is not moving up even in the bull market and is stable at $2.4 in the last few months.
- Trust Wallet token offers utilities but it doesn’t have a strong community to drive its value further.
- NuggetRush is the best investment choice that offers a P2E gaming concept and is riding high on a strong presale.
In the dynamic world of cryptocurrencies, Toncoin and Trust Wallet Token have recently faced challenges. Toncoin is the native cryptocurrency of the TON decentralized ecosystem. It was designed for fast payments, easy-to-use apps, low fees, and more.
Trust Wallet Token, known as TWT, is a utility token for Trust Wallet users. Trust Wallet is a mobile crypto wallet supporting many assets. TWT offers benefits like discounts on purchases and DEX services.
Both these digital currencies are facing hard times and investors are not keen on buying them anymore. Therefore, things have taken a U-turn towards new altcoins offering hope of good returns. One such altcoin is NuggetRush (NUGX). Let’s find out more.
What is Toncoin and why is it going down?
Toncoin is unique because it operates on its own blockchain. It doesn’t work like other top DeFi projects which are built on Ethereum. Launched in 2018 as part of the Telegram Open Network, it faced early hurdles with the SEC.
In 2020, it rebranded to ‘The Open Network’ with a new team called NewTON.
Toncoin is used for staking in the network’s Proof-of-Stake system. Its total supply is over 5 billion, with around 3.4 billion in circulation. Right now, its price is about $2.40 and has not increased much in recent times.
The main reason why it is going down is due to increased competition in the crypto market. A lot of new DeFi projects have come up which offer advanced functionalities.
Will Trust Wallet Token be back on track?
Trust Wallet Token (TWT) is a utility token that enhances the experience of using Trust Wallet. TWT users enjoy several benefits, such as discounts on in-app crypto purchases and decentralized exchange services. It transitioned to a BEP-20 token on the Binance Smart Chain in October 2020.
It also lets holders vote on app updates. Its current price is $1.24 and has not given any high returns this year. It is very unlikely that it will bounce back because other top crypto coins are offering real-world utilities like P2E gaming.
NuggetRush is the new hope to get good returns
NuggetRush is a unique altcoin that offers a Play-to-Earn gaming model. So, it has added a fun element to crypto investing. This approach has attracted many gamers from around the world. Firstly, you need to buy this top altcoin and then start playing the game.
You can easily convert your in-game achievement into real cash or gold once the marketplace is live.
It is the best crypto investment because you don’t need to pay any taxes on the buy or sell side. Most cryptocurrencies charge you a fixed tax which you need to pay from your own pocket. Thus, investors are in a win-win situation where they buy or sell NuggetRush.
The current price is $0.012 and it will increase to $0.02 on the launch date. So, those who want to minimize their losses in Toncoin and Trust Wallet token solid definitely check out this altcoin.
Conclusion
We all know that the cryptocurrency market is very volatile. One currency that is riding high today might come down the very next day. That’s why smart investors always prefer to find the top 10 altcoins that are offering real world value.
Because an asset that has a physical utility associated with it won’t give you any dips in a bullish market. NuggetRush has many real-world utilities that makes it a promising choice for investment this year.
Visit NuggetRush Presale Website
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