- Chainlink (LINK) unveils partnership with Circle.
- Original code commits on Polkadot (DOT) jumped to 22 million in 2023.
- NuggetRush’s (NUGX) gaming adventures set a market precedent after selling 159 million tokens.
Chainlink (LINK) will foster cross-chain transfer of stablecoins in partnership with Circle. Polkadot’s (DOT) community is abuzz over high development activity on the network.
Yet, NuggetRush (NUGX) is the project all investors are talking about. It features a mining adventure stacked with multiple NFT prizes. Yet, can this make NUGX one of the best cryptocurrency investments in Q1 2024? Join us as we discuss.
Chainlink Signs Major Partnership with Circle
On January 17, 2023, Chainlink (LINK) unveiled a partnership with Circle to allow cross-chain stablecoin transfers. The partnership would allow the incorporation of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) into Circle’s Cross-Chain Transfer Protocol (CCTP). Furthermore, it would allow developers to build apps and services that would require cross-chain transfer of USDC.
The news could help push Chainlink (LINK) to the $16.00 range again. LINK traded at $14.98 on December 1. Four weeks later, LINK jumped by 3.7% to $15.54 by January 1. However, LINK fell by 5.7% to $14.65 by January 18 as its bullish momentum dropped.
Chainlink’s (LINK) popularity has risen in the past few years due to the growth of the DeFi industry. Furthermore, top DeFi projects rely on Chainlink’s real-time data feeds. Analysts say Chainlink’s (LINK) partnership with Circle would boost its network activity. This could push Chainlink’s LINK token up by 25.2% to $18.35.
Polkadot Celebrates High Developer Activity on its Network
Polkadot (DOT) released a report showing that its network had the second-largest number of full-time developers after Ethereum. It also recorded over 22 million original code commits in 2023. The report revealed growing network activity on Polkadot (DOT) since the start of 2023.
Furthermore, it could help overturn Polkadot’s recent decline. DOT sold at $5.5739 on December 2. It jumped by 65.5% to $9.2287 on December 25. DOT fell by 6.8% to $8.5989 on January 1. Its decline continued, and DOT dropped by 18.5% to $7.0076 as of January 18.
Polkadot’s (DOT) network activity could rise due to increased interest in blockchain networks since late 2023. After the SEC’s approval of spot Bitcoin ETFs on January 10, several analysts predicted increased blockchain activity in 2024. They also expect an increase in demand for altcoins like Polkadot (DOT). If Polkadot’s network activity grows, DOT could jump by 27.0% to $8.9006, becoming one of the top crypto coins.
NuggetRush Sells 161 Million Tokens as Its Presale Enters Round Five
Gaming and Finance have become more intertwined in the past few years as play-to-earn networks have become more popular. Yet, few projects can match the speedy rise of NuggetRush’s (NUGX) popularity. The game features an adventurous escapade where players stack wealth by becoming professional artisanal miners.
NuggetRush (NUGX) is for players with an adventurous spirit. The game features multiple tasks ranging from simple to complex. Gamers will go from having a few mining workers and equipment to setting up a functional mining business.
Don’t worry about having limited mining experience. NuggetRush (NUGX) stacks your gaming experience with NFT characters that have spent several years in the mining industry. Your job as a gamer is to build a formidable mining team and equip them with the most powerful machinery.
Once you set up your mining operations, you can sell excavated resources on the game’s marketplace. You can also sell valuable NFT gaming assets you collect along the way. Finally, you can earn up to 20% APY when you stake your NuggetRush (NUGX) NFTs for a fixed period.
NuggetRush (NUGX) just entered round five of its presale after selling nearly 161 million tokens. Its blockchain ICO could become one of the most successful in recent times. Furthermore, NUGX has jumped by 80% from its first price of $0.010. It now trades at $0.018. Yet, NUGX will jump by 11.1% to its listing price of $0.020 soon.
Visit NuggetRush Presale Website
Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.