- Bitcoin (BTC) is now trading at a 2-year high as the market bullishness continues.
- Its on-chain activity is also rising amid anticipation of Bitcoin’s halving.
- NuggetRush’s presale performance impresses market experts as NUGX’s sale count exceeds 206 million.
Bitcoin (BTC) whales are reducing their holdings amid excitement around the upcoming halving event. Their actions coincide with BTC’s return to the $60,000 range.
Elsewhere, market experts predict a sharp rise for NuggetRush (NUGX) in 2024 due to soaring demand for its gaming services. HODL investors have purchased 206 million NUGX tokens from its presale. Yet, can NUGX be one of the top DeFi projects? Let’s discuss.
Bitcoin Wallets Associated with Miners Drops to Near 3-Year Low
Ahead of Bitcoin’s (BTC) scheduled halving in 2024, several miners have been selling their assets. The number of Bitcoin tokens held in wallets belonging to miners has dropped by 8,426 in 2024. This fall marks the lowest drop since mid-2021.
The news comes amid Bitcoin’s recent price leap. BTC traded at $41,545 on January 21. It grew by 2.4%, reaching $42,582 on January 31. Nearly two weeks later, BTC jumped by 16.8% to $49,742 on February 13. It then closed at $62,504 after a 25.6% rise.
Some analysts describe the shedding of Bitcoin (BTC) holdings by miners as a move to position themselves for its halving. These Bitcoin miners might be preparing to purchase equipment ahead of the new halving and the economics it will bring.
Still, analysts expect Bitcoin (BTC) to remain bullish despite the increased token sales by miners. They conclude that BTC could jump by 10.5% to $69,099 as FOMO is rising throughout the market.
NuggetRush: Come, Discover a World of Gold Rewards
NuggetRush (NUGX) is the kind of project that represents the ideals of GameFi. It blends quality gaming and financial benefits in a unique mining adventure. The road to wealth on NuggetRush is paved with mining efforts and critical thinking that assures success. NuggetRush’s (NUGX) GameFi challenges require the building and maintenance of mining businesses in exchange for wealth.
The game was designed so amateurs and gaming experts can enjoy its mining experience without hassles. With expansive landscapes, NuggetRush’s (NUGX) mining adventures will test your desire for wealth by requiring efficient resource management skills.
Like any business, you need inventory to ensure your operations stay efficient. These inventories include NFT workers, mining equipment, mineral-rich lands, and more.
These NFT characters are also part of the game’s high-quality NFT collection. Each piece is valued based on skill, luck level, and scarcity. NuggetRush’s (NUGX) marketplace is always available so that you can turn these valuable assets into cash. With extra luck, you might find RUSHGEM NFTs, which can be used in a direct trade for gold.
Few people expected NuggetRush (NUGX) to sell 206 million tokens in its blockchain ICO. Its presale has completed four rounds, raising over $2.6 million. It is now in the Launchpad round of its presale, causing excitement after a 90% pump to its current value of $0.019.
Soon, NUGX will cost $0.020, growing by 5.5% from its current value. Analysts agree that NUGX is well-positioned to become one of the top crypto coins.
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