TLDR
- Sui’s performance in February could improve due to its partnership with Team Liquid.
- Bitcoin Cash (BCH) has dropped, disappointing investors, despite rising to the $280 range in February.
- NuggetRush (NUGX) has sold 190 million tokens as its investor sentiment exceeds market expectations.
Sui will support the merger of esports and blockchain technology via a collaboration with Team Liquid. Bitcoin Cash (BCH) has fallen despite the current bullishness in the crypto market.
NuggetRush (NUGX) is overshadowing other new ICOs after growing by 80% in its presale. Investors aiming to capitalize on its gaming rewards have purchased 190 million NUGX tokens. Yet, can NUGX earn a spot among the top DeFi projects in the gaming industry? Let’s discuss.
Sui Announces Team Liquid Partnership
On February 21, 2024, Team Liquid announced it was building a fandom engagement platform on Sui. Fans will connect with Team Liquid via an on-chain app. The news comes amid Sui’s plans to boost gaming activity on its network.
Furthermore, the news could add bullish momentum to Sui’s ongoing pump. SUI traded at $0.7988 on January 9. It jumped by 33.8% to $1.0688 on January 22. SUI grew by another 78.4% to $1.9076 on February 14 before correcting by 9.9% to $1.7181 on February 20.
There is growing excitement over a recent internetless transaction completed on Sui. In the famous transaction, both sender and receiver lacked internet access.
Analysts say this could be a pivotal move in Sui’s global expansion as it would be able to reach communities with little or no internet connection. Rising adoption of Sui’s services would push its value up by 34.2% to $2.3065 as FOMO around the network continues to rise.
Bitcoin Cash Experiences Volatility as May Upgrade Approaches
Bitcoin Cash (BCH) is preparing for a major upgrade in May 2024. The upgrade would introduce an algorithm that would automatically adjust the block size of Bitcoin Cash. This would heighten the security of Bitcoin Cash (BCH) while reducing the meta costs borne by network participants in the current system.
Excitement around the upgrade could boost Bitcoin Cash’s (BCH) performance in 2024. BCH traded at $259.46 on January 12. It fell by 7.2% to $240.66 on February 3. BCH jumped by 16.7% to $280.86 on February 12 before a 6.3% correction to $263.13 on February 21.
Bitcoin Cash’s (BCH) rise coincides with Bitcoin’s jump to the $50,000 range. Proof-of-work altcoins related to the Bitcoin ecosystem have followed the market rally. Analysts predict that the market bullishness could boost trading activity on Bitcoin Cash (BCH). This could further push BCH’s price up by 9.9% to $289.44.
NuggetRush Crosses Token Sale Mark of 190 Million
NuggetRush’s (NUGX) popularity has reached new heights, leading to the sale of 190 million tokens in its blockchain ICO.
The game has found love in the eyes of many blockchain gamers thanks to its meme coin ecosystem and play-to-earn mining adventures. NuggetRush (NUGX) features a unique geological exploration where your decision-making and resource management skills determine how far you will go.
NFT characters will handle the mining side of your activities. However, you must select the best mining characters for your operations. You will also need to invest wisely to ensure that you have efficient mining equipment.
There is plenty of room to expand your operations on NuggetRush (NUGX). You will also get more natural resources from running multiple mining sites. This, in turn, translates to more saleable assets on the game’s marketplace. Furthermore, you can stake some of these assets for a fixed profit.
NuggetRush (NUGX) is about to launch after selling 190 million tokens. Many have joined its network in pursuit of quality gaming rewards. Revenue generation from its presale has exceeded $2.4 million. Furthermore, the value of the NUGX token has risen to $0.018. However, NUGX will remain bullish, rising to $0.020 and triggering its exchange listing phase.
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.