THORChain and Chainlink Struggle To Maintain Support Levels While NuggetRush Presale Attracts Market Attention For Quick Gains
TLDR
- THORChain (RUNE) struggles to maintain its recent recovery amid rising trading activity on DEXs.
- Chainlink (LINK) could rise to the $25 range if demand for its interoperability services remains high.
- NuggetRush (NUGX) could make the list of top gaming networks in 2024 after generating a token sale revenue of $2.4 million.
Trading activity on THORChain’s (RUNE) DEX could rise due to the growing bullishness in the market. Chainlink (LINK) could rally due to a recent integration of its CCIP service.
However, investors predict NuggetRush’s (NUGX) domination of the DeFi industry thanks to its unique blend of gaming and finance. Its rewards also include real gold. Yet, can NUGX achieve top ICO status? Let’s talk about it.
THORChain Recovers in Mid-February Amid Rising Bullishness
THORChain (RUNE) has recovered from its early January drop. After a bullish end to 2023, many altcoins, including THORChain (RUNE) recorded market increases. However, THORChain disappointed investors by losing its bullish momentum.
Still, THORChain’s (RUNE) market fortunes have improved over the past week. RUNE traded at $5.6773 on January 2. It fell by 27.5% to $4.1142 on January 23. RUNE recovered by 11.2% to $4.5751 on February 7 before jumping by 12.8% to $5.1646 on February 21.
THORChain (RUNE) could rise further due to the popularity of its lending services. Since THORChain (RUNE) announced its partnership with ShapeShift, lending activity has gone up, causing an increase in borrowing fees.
Rising DEX activity could continue as the market entered a bull run following Bitcoin’s climb to $52,000. These factors could increase THORChain’s network activity, causing RUNE’s price to rise by 52.6% to $7.8846.
Rising Demand for Chainlink’s CCIP Protocol Could Spur a Rally
Chainlink’s (LINK) Cross Chain Interoperability Protocol (CCIP) is one of its most popular service offerings. In January 2024, Circle integrated Chainlink’s (LINK) CCIP into its cross-chain transfer protocol. The integration would facilitate more efficient stablecoin transfers, especially in the DeFi and payment settlement sector.
Chainlink (LINK) struggles to remain in the $20 region a few weeks after the partnership. LINK sold at $14.27 on January 23. It jumped by 32.0% to $18.85 on February 7. LINK rose by 2.3%, reaching $19.30 on February 20.
Chainlink (LINK) would also help power stablecoin payments on Paypal thanks to a partnership announced in February. Paypal would leverage Chainlink’s (LINK) price feeds, helping to smoothen payments in its online shopping services.
This would boost Chainlink’s contribution to the DeFi industry, setting it apart from other top altcoins. Analysts say Chainlink’s DeFi activity will rise further, pushing LINK’s value up by 27.0% to $24.53, Furthemore, LINK’s expected growth is increasing FOMO around the token.
Experts Dump Early Predictions as NuggetRush Sells 190 Million Tokens
NuggetRush (NUGX) was not expected to come this far. However, as investors and gamers understood more of its mining ecosystem, many have fallen in love with its play-to-earn network. NuggetRush (NUGX) is an ambitious project that aims to promote artisanal mining with its 3D adventure games.
One of the standout features of NuggetRush (NUGX) is the few restrictions on how far gamers can go in its mining ecosystem. All gamers start as beginners with no mining operations.
You must then set up your first digging operations using NFTs from the game. These NFT assets include machinery and mining employees that will help to power your operations. The contribution of each NFT character to your mining operation depends on their skill and luck levels. Furthermore, their rarities and abilities will affect their market valuation.
NuggetRush (NUGX) will make its official launch into the gaming market when its current blockchain ICO ends. Over 190 million NUGX tokens are now in the hands of interested participants in NuggetRush’s ecosystem. NUGX’s value stands at $0.018. However, NUGX’s price will pump to $0.020.
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TLDR
- THORChain (RUNE) struggles to maintain its recent recovery amid rising trading activity on DEXs.
- Chainlink (LINK) could rise to the $25 range if demand for its interoperability services remains high.
- NuggetRush (NUGX) could make the list of top gaming networks in 2024 after generating a token sale revenue of $2.4 million.
Trading activity on THORChain’s (RUNE) DEX could rise due to the growing bullishness in the market. Chainlink (LINK) could rally due to a recent integration of its CCIP service.
However, investors predict NuggetRush’s (NUGX) domination of the DeFi industry thanks to its unique blend of gaming and finance. Its rewards also include real gold. Yet, can NUGX achieve top ICO status? Let’s talk about it.
THORChain Recovers in Mid-February Amid Rising Bullishness
THORChain (RUNE) has recovered from its early January drop. After a bullish end to 2023, many altcoins, including THORChain (RUNE) recorded market increases. However, THORChain disappointed investors by losing its bullish momentum.
Still, THORChain’s (RUNE) market fortunes have improved over the past week. RUNE traded at $5.6773 on January 2. It fell by 27.5% to $4.1142 on January 23. RUNE recovered by 11.2% to $4.5751 on February 7 before jumping by 12.8% to $5.1646 on February 21.
THORChain (RUNE) could rise further due to the popularity of its lending services. Since THORChain (RUNE) announced its partnership with ShapeShift, lending activity has gone up, causing an increase in borrowing fees.
Rising DEX activity could continue as the market entered a bull run following Bitcoin’s climb to $52,000. These factors could increase THORChain’s network activity, causing RUNE’s price to rise by 52.6% to $7.8846.
Rising Demand for Chainlink’s CCIP Protocol Could Spur a Rally
Chainlink’s (LINK) Cross Chain Interoperability Protocol (CCIP) is one of its most popular service offerings. In January 2024, Circle integrated Chainlink’s (LINK) CCIP into its cross-chain transfer protocol. The integration would facilitate more efficient stablecoin transfers, especially in the DeFi and payment settlement sector.
Chainlink (LINK) struggles to remain in the $20 region a few weeks after the partnership. LINK sold at $14.27 on January 23. It jumped by 32.0% to $18.85 on February 7. LINK rose by 2.3%, reaching $19.30 on February 20.
Chainlink (LINK) would also help power stablecoin payments on Paypal thanks to a partnership announced in February. Paypal would leverage Chainlink’s (LINK) price feeds, helping to smoothen payments in its online shopping services.
This would boost Chainlink’s contribution to the DeFi industry, setting it apart from other top altcoins. Analysts say Chainlink’s DeFi activity will rise further, pushing LINK’s value up by 27.0% to $24.53, Furthemore, LINK’s expected growth is increasing FOMO around the token.
Experts Dump Early Predictions as NuggetRush Sells 190 Million Tokens
NuggetRush (NUGX) was not expected to come this far. However, as investors and gamers understood more of its mining ecosystem, many have fallen in love with its play-to-earn network. NuggetRush (NUGX) is an ambitious project that aims to promote artisanal mining with its 3D adventure games.
One of the standout features of NuggetRush (NUGX) is the few restrictions on how far gamers can go in its mining ecosystem. All gamers start as beginners with no mining operations.
You must then set up your first digging operations using NFTs from the game. These NFT assets include machinery and mining employees that will help to power your operations. The contribution of each NFT character to your mining operation depends on their skill and luck levels. Furthermore, their rarities and abilities will affect their market valuation.
NuggetRush (NUGX) will make its official launch into the gaming market when its current blockchain ICO ends. Over 190 million NUGX tokens are now in the hands of interested participants in NuggetRush’s ecosystem. NUGX’s value stands at $0.018. However, NUGX’s price will pump to $0.020.
Visit NuggetRush Presale Website
Join our WhatsApp and Telegram Community to Get Regular Top Tech Updates
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