TLDR
- Hedera (HBAR) has announced a $250 million partnership with Saudi Arabian authorities.
- Blur is now struggling to remain at $0.60 despite January’s bullishness.
- NuggetRush’s (NUGX) anticipated token listing is generating high FOMO within the gaming community.
Hedera (HBAR) will build Web3 services in partnership with the Saudi Arabian government. Blur has struggled to remain bullish since the turn of the year.
NuggetRush (NUGX) is a crypto gaming project whose presale growth has indicated its immense market potential. Can NUGX join the top ICO networks after selling over 173 million tokens in its presale? Join us as we discuss.
NuggetRush: Investors Rave Over Mining Game as its Official Launch Draws Closer
Taking a close look, one can really understand why NuggetRush is gaining more attention each day. Its play-to-earn network stands out in gameplay and reward distribution. NuggetRush (NUGX) is a mining game that captures the thrill and essence of blockchain games with exciting adventures.
NuggetRush (NUGX) allows players to earn money from the skill of mining natural resources. The game lets you see how far you can go when you become a miner that sells mineral resources on its marketplace.
Furthermore, it lets you challenge other gamers to see how good you are. There is also an option of collaborating with players to complete challenges that offer higher rewards and mining efficiency boosts.
Belonging to NuggetRush’s (NUGX) ecosystem will come with benefits like NFT trading. Its game assets have significant market value alongside in-game utility. You can trade your NFT assets to gamers or fellow NFT asset collectors. Furthermore, the game comes with up to 20% profit margin for NFT holders who choose the option of staking.
With services like these, you can understand why investors say NuggetRush (NUGX) could become one of the most popular NFT projects. Furthermore, you can also perceive why NuggetRush’s presale is filled with hype and excitement.
It has sold over 173 million NUGX tokens by round five of its presale. Its market value stands at $0.018. However, NUGX’s exchange listing will follow its next price pump to $0.020.
Hedera’s Partners with Saudi Authorities
Hedera (HBAR) has partnered with the Saudi Arabian government to build web3 technologies with its Ministry of Investment. Hedera’s ((HBAR) partnership with the Saudi government is worth $250 million, indicating the latter’s drive to increase Web3 services in its region.
The announcement could help overturn Hedera’s recent market fall. HBAR traded at $0.09699 on January 2. It fell by 16.9% to $0.08056 on January 16. HBAR’s momentum worsened as it fell by 12.3% to $0.07063 by January 23. It has recovered by 7.4% to $0.07589 by February 7.
Hedera’s (HBAR) partnership with the Saudi government indicates the reliability of its blockchain infrastructure. Furthermore, some analysts say more users will flock to Hedera (HBAR) after its new partnership. This could significantly boost trading activity on Hedera, making it one of the top crypto coins. HBAR could rise by 12.0% to $0.08504.
Blur Struggles to Hold $0.60 Mark
Blur was one of the spearheads in the December 2023 rally. Its Coinbase listing coincided with market bullishness at the time, triggering a massive Blur price surge. Blur also accounted for 80% of NFT trading volume in November 2023. Many investors increased their Blur altcoins, expecting it to reach another all-time high (ATH).
However, they have been left disappointed as Blur has suffered high volatility in 2024. BLUR traded at $0.4898 on January 1. It surged by 22.6% to $0.6009 on January 13. BLUR then fell by 0.4% to $0.5980 on January 22 before growing slightly by 1.1% to $0.6049 by February 7.
Despite its recent volatility, analysts are confident that a Blur recovery is close. Many of these analysts hinge their predictions on the expected increase in NFT trading. If these predictions come true, increased NFT activity on Blur could pump its token value by 25.4% to $0.7590.
