- Cardano (ADA) records high whale activity.
- Tron (TRX) crosses a new transaction milestone.
- NuggetRush’s (NUGX) 80% increase surprises investors in the play-to-earn industry.
Whale activity on Cardano has risen despite ADA’s recent drop. All-time transactions on Tron (TRX) have surpassed 7 billion.
Yet, NuggetRush (NUGX) is dominating crypto conversations as investors are impressed by its 80% presale growth. The project also gives NFT staking opportunities. Yet, can NUGX become one of the top DeFi projects in 2024? Let’s discuss.
NuggetRush Crosses Into Round Five of Its Presale With an 80% Value Increase.
NuggetRush (NUGX) is one of the latest play-to-earn offerings to hit the crypto market. The project features a super realistic world where gamers become mining dons, establishing viable operations, and selling mineral resources. On NuggetRush, gamers can build wealth while participating in engaging mining tasks that involve competitions and collaborations with other players.
Your success on NuggetRush (NUGX) depends on how well you can mine and sell resources on the game’s marketplace. To begin, you need mining equipment and workers. You will receive some of these assets when you start your mining adventure on NuggetRush. As you go higher, you receive more workers and machinery as rewards. However, the fastest way to expand your mining operations is by recruiting workers from the game’s marketplace.
Rewards that come with participating in NuggetRush’s (NUGX) adventures include valuable NFT gaming assets and the opportunity to win gold. Furthermore, NFT staking on NuggetRush pays up to 20% APY, depending on how long a player holds their NFT assets. Extra NuggetRush (NUGX) benefits come with membership to the game’s Rush Guild Council.
NuggetRush’s blockchain ICO has come a long way since its launch. The project has sold nearly 161 million NUGX tokens. Furthermore, NUGX sells at $0.018 after an incredible 80% increase since its presale kicked off. It is now in round five of its presale. When NUGX’s value jumps to $0.020, it will get listed, and the mining game will commence.
Cardano Whale Activity Rises Amid January Drop
Data from IntoTheBlock has shown high whale activity on Cardano (ADA) in the past few months. The report showed that transactions above $100,000 had soared to a daily average of $13 billion since January 10. Cardano’s (ADA) daily whale transaction was significantly higher than Ethereum’s, which stood at $5 billion.
The news comes amid Cardano’s (ADA) recent decline. ADA traded at $0.3952 on December 3. It jumped by 57.6% to $0.6231 by January 1. However, ADA fell by 19.4% to $0.5019 as of January 18 amid its high whale activity.
Cardano (ADA) could recover if its network activity remains high. It is already one of the top altcoins in the DeFi industry. Furthermore, analysts expect NFT activity to pick up soon. This could push users from Ethereum to Cardano (ADA) thanks to the latter’s lower fees. Cardano’s ADA token could then rise by 29.8% to $0.6519.
Tron Celebrates All-Time Transaction Milestone of 7 Billion
On January 19, 2024, Tron (TRX) announced that the total number of transactions processed on its blockchain had surpassed 7 billion. The news brought excitement to Tron’s (TRX) community as it signalled growing network activity amid the recent controversies it faced.
Furthermore, it could add bullish momentum to Tron’s (TRX) recent performance. TRX sold at $0.1038 on December 4. By January 2, TRX jumped by 4.4% to $0.1084. TRX’s price moved to $0.1080 as of January 19, showing a slight 0.3% decrease.
Tron (TRX) has become extremely popular due to its growing stablecoin services. USDT circulation on Tron has already grown above $50 billion. Furthermore, it could keep soaring in 2024 due to high investor sentiment following the approvals of spot Bitcoin ETFs. If the market bullishness remains, Tron’s trading activity will rise further, pushing TRX up by 4.6% to $0.1130. If Tron rises further, it could be one of the top crypto coins.
