TLDR
- High network activity could trigger a Helium (HNT) recovery.
- Conflux (CFX) will build a layer-2 Bitcoin space on its network.
- NuggetRush’s (NUGX) token listing will offer an 11.1% value increase to current holders.
Helium HNT) could recover to the $8.00 region amid high network activity. Conflux (CFX) has unveiled plans to build a layer-2 Bitcoin network.
Still, NuggetRush could become a game changer in the gaming industry after selling 168 million NUGX tokens. Its market value has also appreciated by 80%. Yet, can NUGX become a top ICO network? Join the discussion.
NuggetRush Becomes Next Legendary P2E Network After Selling 168 Million Tokens
News of a blockchain mining game, NuggetRush (NUGX), is making waves as the P2E industry prepares for its coming launch. Players and investors watch with anticipation as the project introduces new ways to play and earn money from video games.
NuggetRush (NUGX) is a mining game where players collect machinery, survey lands, and implement winning strategies in their mining operations. The strategy-based gameplay will challenge a player’s decision-making and management skills while demanding knowledge of real-world mining.
Players can even collaborate on mining operations and share the rewards of their quests. They also compete to reach the top of the game’s mining leaderboard. This multiplayer feature makes the game more enjoyable while boosting a player’s reward eligibility.
In addition to the thrill of a multiplayer adventure mining game, players can earn extra income from NuggetRush. They can even win real gold by trading their NFT rewards on the NuggetRush (NUGX) marketplace. Besides trading, players can opt for NFT staking to receive up to 20% APY on rewards.
Crypto traders are even more excited by the recent performance of NUGX. Since round one of its presale, investors have purchased over 168 million NUGX tokens. The token’s price now sits at $0.018, 80% higher than its initial offering price of $0.010.
Investors expect NUGX to grow by another 11.1% in value to reach $0.020, making NuggetRush a viable project to watch out for. This could make NuggetRush (NUGX) one of the best NFT gaming projects in the industry.
Helium Eyes $8.00 Amid its January Soar
Helium (HNT) is surprising investors with its January performance as it attempts a recovery to the $8.00 region. Like many top altcoins, Helium (HNT) enjoyed a bullish December 2023 spurred on by sentiments around spot Bitcoin ETF approvals. Reports from CoinMarketCap showed that Helium’s (HNT) market capitalization has grown by $800 million since early December 2023.
However, Helium (HNT) also joined other altcoins in a sharp January fall. HNT traded at $5.6166 on January 3. It jumped by 32.6% to $7.4518 on January 12. HNT fell by 18.2% to $6.0899 on January 22 before recovering by 30.2% to $7.9302 on January 29.
Helium (HNT) could capitalize on the expected market rise in subsequent economic quarters of 2024. Trading activity could rise significantly in Q2 2024 due to higher trust following the approval of spot Bitcoin ETFs. This could lead to increased demand for Helium’s services, thus pushing HNT’s price up by 18.0% to $6.4952.
Conflux Unveils Plans for Bitcoin L2 Space
Shortly after a mega partnership with BlockBooster, Conflux (CFX) is onto another major network development. On January 30, 2024, Conflux (CFX) announced plans to develop a Bitcoin L2 space within its network.
The news brought excitement within Conflux’s community amid its recent price jump. CFX sold at $0.193 on January 1. Two weeks later, CFX jumped by 4.0% to $0.2008 on January 17. It fell by 6.5% to $0.1876 on January 25 before recovering by 25.2% to $0.2363 by January 29.
Conflux’s (CFX) Bitcoin L2 Space will demand the collection of gas fees in BTC. Furthermore, it will boost demand for Conflux’s services, which will boost CFX’s trading activity. If things stay the same, Conflux’s CFX token could rise by 44.0% to $0.3403. Furthermore, CFX could become one of the top crypto coins.
