NuggetRush (NUGX) has announced the addition of NFT staking to its upcoming play-to-earn mining adventure.
Stellar has partnered with Decaf to increase its cross-border payment services.
Litecoin’s hash rate has jumped to a new all-time high, indicating the network’s strong security features.
Stellar’s collaboration with Decaf is raising interest in the crypto market, with many analysts predicting a possible XLM rally. Likewise, Litecoin’s hash rate has risen to an all-time high as part of its rising network activity.
However, both projects will face competition from NuggetRush, a presale mining project that has grown by 20%. Can NUGX become a top ICO by outperforming XLM and LTC? Let’s see what analysts are saying.
NuggetRush (NUGX) Launches P2E Game That Offers Gold
NuggetRush will soon launch a play-to-earn mining video game that leverages community-building to offer an adventure with various financial rewards. NuggetRush allows players to hone their resource management skills and strategic thinking as they build their mining operations.
It features several characters who will aid players on their mining journeys. These character NFTs involve miners and folks with business acumen. They help keep a mining operation efficient and profitable.
The individual traits of these NuggetRush character NFTs affect the efficiency of each player. However, NuggetRush allows players to upgrade their character NFTs for higher efficiency, thus increasing their financial value.
Players earn rewards for completing quests and challenges. They can also earn rewards as part of mining groups. Furthermore, NuggetRush (NUGX) offers special rewards called RUSHGEMs, which players can swap for gold.
By offering RUSHGEM rewards, NuggetRush (NUGX) could become one of the most popular NFT projects.
The opportunity to win NuggetRush rewards will soon be available to all as the game is yet to launch. Right now, NUGX is holding a blockchain ICO. NUGX just entered Round 2 of its presale, trading at $0.012.
Its value has risen by 20% from its Round 1 price of $0.010. By Round 3, NUGX would grow by 16.6% to $0.014. When it reaches $0.020, major exchanges will list NUGX. Likewise, NuggetRush will launch the mining game.
Stellar to increase Cross Border Payment Services Following the Launch of Decaf
Stellar (XLM) has always wanted to become a top player in the financial payments industry. That drive has gotten a new boost thanks to Stellar’s partnership with Decaf.
The partnership will facilitate remittances and payments between cross-border networks. Furthermore, Stellar’s partnership with Decaf would also offer smooth and economically viable exchanges between digital and fiat currencies.
Stellar’s partnership with Decaf could further boost XLM’s recent rally. XLM was trading at $0.114 on October 1. By November 5, XLM’s value had risen slightly by 9.6% to $0.125.
Stellar’s growing presence in the cross-border settlement sector could boost XLM’s value. In late September, Stellar announced a partnership with Circle to bring EURC stablecoin to its network.
Analysts say the partnership could make Stellar one of the top altcoins in 2024. They further expect XLM to rise by 22.4% to $0.153.
Litecoin’s (LTC) HashRate Soars to All-time High
Litecoin’s (LTC) network activity in the past few months has risen to new levels. On November 1, Litecoin announced that its hash rate rose to 1.1 million PH/s, its highest ever since its launch. The rise in Litecoin’s (LTC) hash rate shows its strong security and resilience against network attacks.
Litecoin’s latest milestone could further increase LTC’s recent market rise. LTC was trading at $61.57 on October 13. However, XLM rose by 13.5% to $69.94 on November 1 after Litecoin announced its new hash rate. By November 5, LTC’s bullish momentum pushed it up by 24.5% to $71.66.
Litecoin’s network activity has been rising in the past few months. In October, Litecoin celebrated its anniversary with a 180 million transaction milestone. Analysts say Litecoin’s growing network activity could push LTC up by 12.1% to $80.34.
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