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Summary
TLDR
- Avalanche’s rising DeFi activity could spur an AVAX surge.
- Cardano’s (ADA) Chang Hardfork will bring big changes to the network.
- NuggetRush (NUGX) is outperforming many bullish altcoins with its 90% value surge.
Avalanche’s (AVAX) new partnership will help boost asset tokenization services in the crypto industry. Cardano (ADA) could return to $0.70 if the market recovery continues.
NuggetRush (NUGX) has sparked debates within the crypto gaming niche after selling over 264 million presale tokens. The project has also raised over $3.7 million in revenue. Can NUGX become one of the top crypto coins? Let’s discuss.
Avalanche Announces an On-Chain Asset Settlement Partnership
The drive for tokenization of real-world assets has gotten a big boost from Avalanche’s (AVAX) new partnership. Avalanche has announced that it will collaborate on improving real-world asset tokenization with ANZ Bank and Chainlink. The partnership is a big step toward increasing DeFi services on Avalanche (AVAX).
It could also boost Avalanche’s (AVAX) current bullish momentum. AVAX cost $40.29 on February 28. It rose by 21.6% to $49.01 on March 11. AVAX’s bullish momentum increased, pushing its price up by 23.8% to $60.69 on March 18. It then dropped slightly, falling by 8.0% to $55.82 on March 26.
Avalanche (AVAX) has also announced a new incentives program for liquidity providers on its network. The fund will boost investor interest in Avalanche meme coins. Analysts say Avalanche’s network activity will keep rising in 2024. They expect AVAX’s value to rise by 8.7% to $60.69.
Cardano Whales Take Profits, Sending ADA Down
Cardano (ADA) is reeling from increased whale activity, which involved taking large profits. Top altcoins had risen following Bitcoin’s ascent. Cardano jumped to the $0.7 range in mid-March. Reports from CoinMarketCap also showed a $7 billion increase in Cardano’s (ADA) market capitalization.
Cardano’s ADA token traded at $0.6556 on February 29. It rose by 18.0% to $0.7742 on March 11. ADA fell by 24.1% to $0.5869 on March 19 after a slight marketwide price correction. However, it recovered by 13.0% to $0.665 on March 26.
Cardano (ADA) could rise due to excitement around its Chang hard fork. The hard fork, scheduled for release in the first half of 2024, will bring massive improvements to Cardano’s ecosystem. It will boost transaction speeds and improve security protocols. This could increase demand for Cardano’s services. It could further boost ADA’s value by 12.4% to $0.7478.
NuggetRush Becomes a Top Competitor in the Gaming Industry
NuggetRush’s (NUGX) pioneer mining game has sold nearly 265 million tokens, showing the skyrocketing demand for its P2E services.
Native to Ethereum, NuggetRush (NUGX) stands out for how it blends GameFi benefits into challenging mining adventures. The game tests a player’s ability to manage resources while building a business operation from artisanal mining.
NuggetRush’s (NUGX) NFT characters will offer their mining expertise, thus contributing to the success of your business operations. The game’s adventures range from in-field challenges like soil surveys to economic activities like purchasing machinery and recruiting workers.
NuggetRush’s (NUGX) marketplace will allow gamers to convert mineral resources into cash. Gamers can sell excavated resources, earning game funds and increased mining efficiency.
NuggetRush (NUGX) also offers gamers a chance to win real gold rewards.
Some of its NFT rewards include a special prize called RUSHGEMS. Gamers can swap RUSHGEM NFT assets for gold on the platform’s marketplace. It also offers access to inventory and more workers, allowing gamers to expand their operations and boost reward eligibility.
NuggetRush (NUGX) has outclassed many gaming tokens with a spectacular blockchain ICO that has raised over $3.7 million. NUGX’s current price is $0.019, as it is in the launchpad round of its presale. However, it will surge to $0.020 when its presale runs out.
Visit NuggetRush Presale Website
*This article was paid for. Cryptonomist did not write the article or test the platform.
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