Thursday, May 9, 2024
Home > News > Bitcoin News > new crypto project drawing investor attention

new crypto project drawing investor attention

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

  • Binance has listed a new XRP trading pair.
  • XRP’s market performance has been slow despite the current crypto market bullishness.
  • NuggetRush’s (NUGX) mining adventure game will reward players with gold-backed NFTs.

XRP has a new trading pair on Binance. Analysts say the move might boost demand despite its slow performance. NuggetRush (NUGX) is now drawing investors away from XRP after its 50% presale growth. The project is a mining adventure that offers gold rewards. 

XRP pair listed on Binance

XRP’s performance in December has slowed considerably despite the widespread bullishness in the crypto market. 

Investor sentiment is improving due to the expected approval of a spot Bitcoin ETF.

Yet, XRP’s bullish momentum weakened, leading to a slight increase since November. 

XRP traded at $0.6003 on Oct. 31 before increasing slightly by 3.4% to $0.6210. 

Despite the widespread bullish sentiments in December, XRP rose by only 2.2% to $0.6349 by Dec. 27.

XRP has faced reduced investor sentiment due to its ongoing legal troubles with the Securities and Exchange Commission (SEC). 

Some analysts say a recent XRP trading pair listing on Binance might increase its trading activity. 

If that happens, XRP could rise by 5.3% to $0.6679.

NuggetRush: pushing the boundaries of play-to-earn gaming

NuggetRush is a play-to-earn (P2E) network that combines entertaining mining adventures with NFTs and the chance to amass gold rewards. 

The project features an Ethereum-based mining expedition where players must conquer its vast lands, setting up various resource-digging sites. 

Players will get aid from NuggetRush’s NFT characters, who possess a range of mining and entrepreneurship expertise.

Players must now make strategic decisions, recruiting the best mining talents and purchasing efficient equipment. 

Players must continually set up mining operations in new lands to ensure they rise to the top of NuggetRush. After each successful excavation, players can trade mined resources for game funds.

They can then make critical investments by upgrading mining machinery and skills of their NFT characters. Making crucial upgrades will increase the mining efficiency of a player’s operations. It would also boost the market value of game collectibles. 

Players earn higher when they sell upgraded machinery and NFT characters on NuggetRush’s marketplace.

NuggetRush offers staking of game NFTs. This means players can earn attractive APYs from their NFTs without selling them. To become an early member of the NuggetRush ecosystem, players can purchase NUGX from its ongoing presale.

Over 121 million NUGX have been sold, and the token price is now up by 50%. 

NUGX is currently in the fourth round of its presale, selling at $0.015. 

Round four buyers are gearing up for a 20% increase to $0.018 in round five.

Visit the NuggetRush presale website

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.


Follow Us on Google News

Source