- Dogecoin (DOGE) has been accepted as a form of payment for a SpaceX interstellar flight.
- Injective (INJ) traders now have on-chain access to the Japanese Yen.
- NuggetRush (NUGX) is creating excitement in the gaming community after its 80% token value increase.
SpaceX has accepted a major payment for a space flight in Dogecoin (DOGE). Injective (INJ) will now have the Japanese Yen as a currency option for traders.
Yet, both altcoins can’t match the hype around NuggetRush’s coming launch. The mining game has topped crypto news headlines after selling over 171 million tokens. Yet, what are the odds of NuggetRush (NUGX) becoming one of the top DeFi projects? Let’s discuss.
NuggetRush and the Gaming Community: A Match Made in Heaven
The gaming community is in jubilatory spirits as NuggetRush’s (NUGX) mining game nears its official launch. Gamers and investors from afar have fallen in love with NuggetRush after it unveiled a unique approach to play-to-earn activities on its network. The first standout feature of NuggetRush (NUGX) is its 3D mining experience, which is unseen in the crypto industry.
Becoming a miner on NuggetRush (NUGX) avails you the opportunity to find suitable areas to establish your resource-digging operations. If you have zero mining experience, you will still enjoy NuggetRush’s gaming adventures. It contains NFT characters whose duty is to help you on your mining journey.
Some of these characters include mining powerhouses like Maxwell Stoneforge.
One of your central objectives on NuggetRush (NUGX) is to collect the NFT characters, empower them with machinery, and start your mining operations. As expected, rewards for your mining activities begin to roll in when you complete tasks and challenges. NuggetRush (NUGX) ensures optimal fun and enjoyment by offering various game modes for you to select from.
NuggetRush (NUGX) is an innovative opportunity that still offers the best play-to-earn rewards. To enjoy these benefits, you can join NuggetRush as an early supporter. The project’s blockchain ICO is still ongoing. NUGX now trades at $0.018 by round five of its presale. However, the team behind the project has announced that NUGX will get listed when its value jumps to $0.020.
Dogecoin’s Real-World Utility Gets a Boost Following SpaceX Payment
Dogecoin’s role in interplanetary commerce has taken a new step following the payment for a space mission using DOGE. SpaceX announced that it had accepted payments for rebooking the DOGE-1 mission in Dogecoin (DOGE). The mission was initially scheduled to happen in 2022. However, a technical issue prevented its launch.
The announcement has brought widespread excitement to Dogecoin’s community, as it indicated growing interest in the network. Furthermore, it comes amid Dogecoin’s recent price fall. DOGE traded at $0.08204 on January 3. It rose by 7.1% to $0.08789 on January 20. DOGE’s bullish momentum fell by 10.7% to $0.07847 by February 6.
Many analysts debate the possibility of Dogecoin (DOGE) recreating its December 2023 highs. Some have pointed to its growing network activity in early February as a sign of a potential rally.
However, analysts say the current downturn in meme coin investor sentiment will affect Dogecoin’s (DOGE) growth potential. They conclude that DOGE could rise slightly by 2.5% to $0.08047, becoming one of the top crypto coins.
Injective’s Network Activity Could Rise Following the Introduction of the Japanese Yen
Injective (INJ) network activity in Japan could increase following the on-chai introduction of Yen. On February 6, 2024, Injective announced that the Japanese Yen was now available on-chain via the Helix app. The announcement coincides with plans to grow stable coin activity on Injective (INJ).
Furthermore, excitement around the news could positively affect Injective’s (INJ) performance. INJ traded at $39.65 on January 1. It fell by 16.9% to $32.92 on January 23. INJ jumped by 13.7% to $37.44 on January 29 before falling by 16.7% to $31.17 by February 6.
Injective (INJ) is looking to become one of the top DeFi projects. However, analysts say Injective will face fierce competition from other altcoins. Injective’s (INJ) growing stablecoin activity could increase demand for its services. In such a scenario, INJ could rise by 17.9% to $36.77. Its pump could make it one of the best investments to watch out for.