Crypto Gloom

NuggetRush Set to Eclipse Chainlink and XRP in Upcoming Cryptocurrency Rankings Amid Surging Interest

Crypto Business News
By Crypto Gloom

TLDR

  • Chainlink (LINK) facilitates the transfer of Amino assets between Ethereum and BNB.
  • XRP ETF rumors are growing due to recent price surge.
  • investor stack NUGX Move tokens at the last minute to take advantage of rallies.

Amino Rewards Increase cross-chain token asset transfers through partnership with Chainlink (LINK). Ripple’s leadership has confirmed interest in the XRP ETF.

The growth of NuggetRush (NUGX) reflects a shift in investor preferences as the mining game sells over 190 million tokens. This project is open to anyone. But can it generate as much user adoption as other top DeFi projects? Continue reading for current market insights.

NuggetRush integrates ecosystem participation rewards into virtual reality games.

NuggetRush (NUGX) recreates the adventure of artisanal mining in a video game powered by blockchain technology. Introducing a journey into the world of mining. NuggetRush (NUGX) includes a full resource mining experience. You will grow from a small-scale miner to a business owner. Additionally, the game provides manpower and equipment for mining operations.

Completing mining challenges provides high-value rewards including gold, NFTs, and funds. NuggetRush (NUGX) allows these assets to be moved off the network, giving players control over their game assets. You can also customize your NFT avatar to appear in your gaming adventures.

NuggetRush (NUGX) is offering exclusive benefits as a reward for Rush Guild VIP membership. These benefits include exclusive content, discounts, and voting rights, allowing gamers to influence decisions on the network. Additionally, all gamers can do NFT staking. They can earn up to 20% for each NFT staked, depending on the lock-up period.

NuggetRush’s (NUGX) blockchain ICO has been a hot topic in several cryptocurrency news outlets over the past few weeks. Market experts were left in awe as the project sold nearly 190 million tokens. Additionally, NUGX’s FOMO gradually rose as its value increased by 80%. NUGX is currently trading at $0.018. However, the 5th pre-sale will soon end and the official listing of NUGX will begin.

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On February 21, 2024, Amino Rewards announced integration of Chainlink’s (LINK) Cross Chain Interoperability Protocol (CCIP). Integrating Chainlink will benefit Amino Rewards. Unlock cross-chain transfers Native token between Ethereum and BNB. This news lays the foundation for Chainlink’s (LINK) growing DeFi presence.

It could also boost Chainlink’s (LINK) strength, which has been ongoing since early 2024. As of January 18, LINK was trading at $14.65. LINK rose 17.2% to $17.18 on February 1 and 19.2% to $20.49 on February 12. However, the value of LINK fell 5.8% to $19.30 on February 20th.

Chainlink (LINK) also announced a partnership with Telefonica on February 15th. This partnership leverages Chainlink’s technology to help smart contracts detect unauthorized SIM changes.

Many analysts predict a surge in DeFi activity in 2024. This could fuel increased demand for Chainlink services, pushing LINK’s value up 21.7% to $23.50. Moreover, the rise of Chainlink may increase the current competition. Best altcoin.

Ripple CEO Endorses XRP ETF

Amid growing discussion about cryptocurrency ETFs, Ripple’s CEO shared his views on developing a product for XRP. In an interview with Bloomberg on February 20, 2024, Brad Garlinhouse said he was open to launching an XRP ETF. After the launch of the Bitcoin ETF, BTC soared to the $50,000 level.

Now analysts are debating whether XRP will see the same effect. XRP was trading at $0.5443 on January 19th. On February 3, it fell 7.5% to $0.5033. After three weeks, XRP rose 11.8% to $0.5629 on February 21.

Many analysts say that an XRP ETF will remain a dream for the time being. They argue that XRP’s ongoing lawsuit against the SEC will hinder discussion about the ETF. There will also be a need for greater regulatory clarity.d Delete that product for XRP. In any case, they expect XRP to rise 14.4% to $0.6444 if its current momentum is maintained.

Visit the NuggetRush pre-sale website

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