Stacks (STX) and Tron (TRX) Maintain Steady Momentum, Can This New Meme Coin Match Their Trajectory?
TLDR
- Stacks (STX) has given huge returns in the last month to the investors.
- Tron is steadily becoming the most used cryptocurrency for online transactions.
- Nugget Rush is a new altcoin that has excellent features like Play-to-Earn gaming.
In today’s fast moving world, everyone is looking for the best crypto investment to get huge returns. This month’s top performing coins are Stacks and Tron. Stacks (STX) enhances the capabilities of Bitcoin without altering its core properties, unlocking significant potential capital. Tron is another cool cryptocurrency that has tied up with industry leaders like Samsung and Opera to provide them services. It has also recently acquired BitTorrent which is a popular platform for online file sharing.
But if you look at the broader picture, there is a new coin that is matching up to the potential of Stacks and Tron. This cryptocurrency is called Nugget Rush (NUGX) which has a unique online game that helps the gamers to earn real money. This concept is becoming very popular as new ICO projects are getting launched on the same concept. NUGX has a lead over others because it started early and has already raised over $2.7 million in the ongoing presale.
Let’s find out more details about each of them and why they could be a big investment opportunity for early investors.
Stacks is Here to Build the Future of Bitcoin Integration
STX is the main cryptocurrency used in the Stacks network. It has many advantages like powering smart contracts for Bitcoin and then rewarding the miners. It also allows holders to earn bitcoin through a process called Stacking. When you use apps on the network, you’ll pay a small fee in STX. This fee goes to the miners who work to maintain and update the network.
You can also hold your Stacks for a minimum of 1 year to get additional 10% rewards in Bitcoin.
You can use your STX tokens at online NFT marketplaces, DeFi apps, and domain name registrars. Currently, the price of STX is $2.87, showing a 68% increase in the last month. This makes it the top crypto to buy for further gains. The initial version was launched in early 2021 that enabled Bitcoin settlement of transactions and introduced the Clarity language for secure contracts.
The major upgrade, known as the Nakamoto release, will introduce key features enhancing Stacks as a Bitcoin layer. These include a decentralized, two-way Bitcoin peg for moving BTC in and out of the layer and faster transactions between Bitcoin blocks. This upgrade will make Bitcoin a fully programmable asset in a trustless manner.
TRON is Empowering Decentralized Network
TRON (TRX) is a cryptocurrency that operates on its blockchain network with an aim to create a decentralized internet. It is basically created to make sure that users can independently store and publish data without relying on other platforms. What makes this a good crypto to buy is its focus on creating a decentralized entertainment ecosystem. This way all the content creators can have more control of their work to get paid better.
Users can use TRX to pay for transactions, participate in DAOs for memecoin governance, and interact with DApps. Additionally, TRX can be traded on various cryptocurrency exchanges, providing liquidity and accessibility to investors worldwide. TRON continues to push forward with its vision of a decentralized internet. With a growing community of developers and users, TRON remains a prominent player in the cryptocurrency space. The current DeFi coin price is $0.137 and is expected to give more returns in the coming weeks.
