TLDR
- Binance will no longer offer Monero as a trading option.
- XMR fell shortly after Binance’s announcement.
- NuggetRush (NUGX) raises over $2.1 million as its anticipated token listing approaches.
Binance has announced the delisting of Monero for the second time in less than a year. Analysts now debate if XMR could recover from the drop caused by the news.
NuggetRush’s (NUGX) gaming community will offer exciting NFT rewards, membership perks and the opportunity to win real gold. Yet, can NUGX match the allure of the top DeFi projects in the gaming world? Join the discussion.
Binance Delists Monero Again
Binance has announced the delisting of Monero (XMR) from its cryptocurrency trading options. The move fueled rumors of security concerns around Monero and other privacy altcoins. Binance’s decision was Monero’s (XMR) second major delisting in less than a year.
As expected, Monero’s investor sentiment fell sharply, leading to a price decline. XMR traded at $169.61 on January 1. It fell by 9.7% to $153.01 on January 18. XMR recovered by 4.7% to $160.29 on January 30. After Binance announced Monero’s delisting on February 6, XMR fell by 34.5% to $104.98.
Monero (XMR) holders fear the move could further dampen its market prospects in Q1 2024. Furthermore, analysts say more exchanges could delist Monero following Binance’s footsteps. This could then push XMR’s value up by 37.7% to $144.59.
NuggetRush: Redefining Crypto Gaming
NuggetRush’s (NUGX) unique design makes it very attractive to investors and lovers of play-to-earn experiences. It features a mining game whose adventurous challenges are very realistic, mirroring real-life mining experiences. NuggetRush (NUGX) also leverages quality gaming mechanics to ensure high entertainment and engagement.
On NuggetRush (NUGX), you have one central task: become a mega miner of natural resources. Its landscapes are rich in minerals like gold. Your task is to set up mining operations that turn these resources into sellable products. Its marketplace fosters the smooth trading of mineral resources, allowing you to turn your game time into money.
NuggetRush’s (NUGX) mining ecosystem is expansive, featuring many gamers. You can set up various mining sites in the game with the help of a large mining team and the necessary equipment. Players can find these assets on the game’s marketplace. These assets might also come as rewards when you complete mining tasks.
Trading NFT assets on NuggetRush (NUGX) is its primary source of income generation. Gamers can earn money from staking their NFT assets. Rewards for NFT staking are up to 20%. The game also hands out RUSHGEMS, which are virtual gold assets. Players can turn in their RUSGHGEMs to receive real-world gold.
FOMO around NuggetRush is reaching critical mass, indicating that it is becoming one of the most popular NFT projects. NuggetRush has sold off 171 million NUGX tokens since its blockchain ICO kicked off. Its coin value is also up by 80% since day one of its presale. Trading at $0.018, NUGX will get listed after an 11.1% price pump to $0.020.
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.