- Aptos (APT) expects a rally due to excitement around its network performance upgrades.
- THORChain (RUNE) holders look to spot ETF-related bullish sentiments to recover from its January drop.
- NuggetRush’s (NUGX) popularity soars as its presale token sale count surpasses 160 million.
Aptos holders hope its network performance improvement could push APT over the $10.00 mark. THORChain (RUNE) could rally due to excitement around the SEC’s approval of spot Bitcoin ETFs.
However, investors are still increasing their NuggetRush (NUGX) holdings after it unveiled gold rewards and NFT staking benefits. Yet, can this make NUGX one of the best new ICOs in the market? Read on as we discuss.
Aptos Struggles to Hold the $10 Mark in Early January
Aptos (APT), like most altcoins, has been on a bull run since the final two months of 2023. The bullishness increased Aptos’ market capitalization from $1.2 billion in mid-October to $3.26 billion in early January 2024.
Despite being on a bull run, Aptos (APT) struggles to hold the $10 mark. APT traded at $7.33 on December 2. By December 27, APT jumped by 38.4% to $10.15. It fell by 16.6% to $8.46 by January 7. However, APT recovered by 18.4% to $10.02 on January 13.
Aptos’ late 2023 rally was boosted by news of improved network performance. On December 6, 2023, Aptos (APT) revealed that its network had processed 2 billion transactions per day in a testing environment. It had also minted 1 million NFTs in 90 seconds.
Analysts say improved network performance would boost demand for Aptos (APT) in 2024. This could push APT’s price up by 22.9% to $12.32.
THORChain Eyes $6 Amid Excitement Around Spot Bitcoin ETFs
THORChain (RUNE) holders expect the recent approval of spot Bitcoin ETFs to help overturn its current trajectory. THORChain had risen alongside the rest of the crypto market in December 2023 due to excitement around spot crypto ETFs.
THORChain (RUNE) jumped to the $6.00 range as trading activity on the decentralized exchange increased following rising investor sentiment. However, THORChain’s bullish momentum has slowed considerably in early January.
RUNE traded at $5.9866 on November 28. By December 10, RUNE jumped by 10% to $6.5881. However, its bullish momentum reduced, and RUNE fell by 18.6% to $5.3576 by January 1. Two weeks later, RUNE had fallen further, dropping by 17% to $4.4468 by January 14.
Analysts say the recent approval of spot crypto ETFs would boost network activity on decentralized exchanges. This could lead to a corresponding increase in THORChain’s trading activity. RUNE could then rise by 54.6% to $6.8773. Still, most analysts say THORChain (RUNE) is not a good crypto to buy now.
NuggetRush: Becoming Investor Favorite AFter Unveiling NFT Staking and Gold Rewards
NuggetRush (NUGX) is a blockchain gaming experience with gold-winning opportunities and NFT staking avenues for gamers in its mining adventure. The game allows you to become an artisanal miner with an eye for gold. It comprises skilled NFT miners scattered all over a mineral-rich terrain.
Your duty as a gamer is to set up a mining business and earn money from selling mineral resources. NuggetRush (NUGX) will offer multiple NFT characters to assist you along your mining journey. You are supposed to recruit workers and purchase equipment for your mining business.
Whether you are a beginner or a mining expert, NuggetRush’s (NUGX) NFT gaming challenges are entertaining while offering gold rewards. Better still, NuggetRush allows gamers to collaborate on earning high rewards for completing its challenges.
Beginners can partner with gamers or individuals with mining experience. Furthermore, NuggetRush’s (NUGX) group challenges offer valuable NFT rewards and boosts in mining efficiency.
Gamers can stake their NFTs, earning up to 20% APY, depending on their staking duration. Analysts say such features are responsible for NuggetRush’s (NUGX) skyrocketing popularity. Its blockchain ICO just sold over 156 million tokens.
NUGX’s presale is now in round four, trading at $0.015 after growing by 50% from its first price. By the next round, current buyers will reap a 20% interest as NUGX jumps to $0.018.
