- Cosmos (ATOM) will soon offer DeFi services in Bitcoin’s ecosystem.
- Ordi has jumped as its parent network experiences a surge to the $50,000 range.
- NuggetRush (NUGX) has reached the end of round five of its presale after selling over 199 million tokens.
Cosmos is expanding its DeFi services via a partnership with Babylon Chain. Ordi has capitalized on Bitcoin’s recent jump.
NuggetRush (NUGX) is getting to top ICO status after its presale sold nearly 199 million tokens. NUGX is now topping crypto news charts after an 80% value surge. Yet, can NUGX become one of the main gaming altcoins? Let’s discuss.
NuggetRush: Driving Investors to the Gaming Industry
NuggetRush (NUGX) redesigns the NFT gaming experience in an innovative and rewarding P2E mining adventure. Leveraging Ethereum’s technology, NuggetRush produces an adventure-filled gaming experience where you collaborate and compete against other players.
Mining activities on NuggetRush (NUGX) range from simple to complicated. Some tasks are as easy as surveying mineral-rich lands. Others involve complexities like finding the best workers and equipment for your mining operations. Thankfully, almost all adventures on NuggetRush are laced with high-value rewards.
The game gives NFT prizes, mining efficiency boosts, and extra game funds. Expanding your operations will require some shrewd investing. This will translate to more valuable NFT assets, which could offer extra game funds when you sell them. NuggetRush (NUGX) also comprises NFT staking opportunities with a payout of up to 20% APY.
You can still join NuggetRush (NUGX) despite the looming end of its blockchain ICO. You can purchase its token like many others who are responsible for the purchase of 199 million NUGX tokens. Furthermore, NUGX’s value is pegged at $0.018. However, it will exit round five of its presale with an 11.1% increase, reaching $0.020 as its DEX listing goes live.
Cosmos Hub Welcomes Bitcoin Staking
On February 12, 2024, Cosmos (ATOM) announced that Bitcoin staking would soon be available on its network thanks to a partnership with Babylon Chain. The partnership would turn Cosmos Hub into a multi-asset security aggregator.
Furthermore, it could add bullish excitement to Cosmos’ (ATOM) current performance. ATOM traded at $10.14 on January 17. It fell by 9.9% to $9.1354 on February 1. ATOM then increased by 12.0% to $10.24 on February 14, falling by 4.4% to $9.7804 on February 22, then returning to $10.43.
Cosmos (ATOM) could rise further due to its growing DeFi activity. On January 26, Osmosis, one of the most popular decentralized exchanges on Cosmos, announced that it had reached 1.1 million active addresses. Furthermore, analysts expect more networks to join Cosmos’ (ATOM) interchain. This could boost demand for ATOM, pushing its price up by 21.6% to $11.8942.
Ordi Could Recover If Bitcoin’s Rally Continues
Ordi has jumped, leading analysts to suspect a possible return to its December-2023 highs. The increase in Ordi’s price follows Bitcoin’s surge to the $50,000 range. It also comes amid growing demand for Inscriptions since the turn of the year.
ORDI traded at $74.43 on January 15. It fell by 19.6% to $59.81 on January 30. ORDI recovered, rising by 18.7% to $71.04 on February 12. As of February 22, ORDI had fallen by 9.0% to $64.60.
Ordi has become one of the most popular NFT-like digital assets since its launch in 2023. Binance Research published a report, showing that inscriptions have grown by 10 million since December 2023. It also showed that the total number of Bitcoin Inscriptions has risen above 60 million. If demand for ORDI’s services keeps rising, its value could pump by 23.9% to $80.09.
