What you'll learn 👉
TLDR
- Stacks’ (STX) TVL could keep rising as excitement around its coming upgrades increases.
- BONK has recovered despite a slight dip at the start of February 2024.
- NuggetRush (NUGX) could become one of the top gaming altcoins after its 80% jump.
The Total Value Locked (TVL) on Stacks (STX) has risen amid excitement around its upcoming Nakamoto upgrades. BONK has also recovered from a late January downturn.
Still, NuggetRush (NUGX) could become a gaming powerhouse that draws users from the most popular NFT games. The project offers high-value gold rewards without compromising on excitement and engaging challenges. Yet, can it become a top ICO project? Let’s discuss.
Stacks Records TVL Increase
Data from DeFiLlama shows a sharp increase in Stacks’ (STX) Total Value Locked (TVL). The report showed that Stacks’ TVL had grown to $64.8 million by mid-February. The growth coincides with an increase in transactions on Stacks (STX) in 2024.
Furthermore, it indicates a potential Stacks (STX) rally. STX traded at $1.5034 on December 31. It jumped by 34.5% to $2.0221 on January 8 before falling by 34.1% to $1.3306 on January 22. STX then made a major recovery, jumping by 38.9% to $1.8491 on February 11.
Stacks’ (STX) growth could increase following excitement around its coming network upgrades. Scheduled for the first half of 2024, Stacks’ Nakamoto upgrades would enable transactions secured by Bitcoin’s finality. It would also boost the speed of Stacks (STX) transactions between Bitcoin blocks. This could push STX up by 24.8% to $2.3093.
BONK Recovers After Solana’s Major Outage
BONK’s investor sentiment reduced in January 2024, causing a fall in its bullish momentum. Despite being one of the top altcoins in late 2023, BONK fell at the tail end of January. However, BONK recovered by the second week of February.
BONK’s January 15 price stood at $0.0000136. It fell by 21.6% to $0.00001065 on January 31. BONK fell by another 6.7%, reaching $0.000009927 on February 6. However, it has since recovered, jumping by 33.7% to $0.00001328 on February 10.
Some analysts pinned BONK’s early February decline on a significant network outage on Solana, its parent blockchain. The outage kept Solana out for over 5 hours. Analysts say the outage also affected the performance of Solana meme coins like BONK. However, they still expect a 25.1% BONK recovery to $0.00001660.
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Show more +NuggetRush: Come, Accomplish Mining Challenges in Return for High-Value NFTs
Gaming on NuggetRush (NUGX) could become the new fad after the network unveiled a mining experience where users can accumulate wealth. The game’s central challenges revolve around becoming a mega entrepreneur in the mining industry. Its adventures range from finding and excavating resources to hiring new workers and expanding your mining operations.
NuggetRush (NUGX) offers wide access to as many video gamers as possible. It leverages Ethereum’s technology to access the largest blockchain ecosystem in the world.
NuggetRush (NUGX) also promotes community participation by incorporating meme coin elements into its network. As a result, gamers can form collaborations when playing mining challenges on NuggetRush (NUGX). They can also win rewards for participation in community events.
NuggetRush (NUGX) has grand ambitions to become a main player in the NFT gaming industry. It has set out a market capitalization goal of $100 million. Furthermore, it has created an array of wealth-generation services for users.
NFT characters and machinery from the game can easily be traded on its marketplace. Furthermore, you can earn high APY rewards for choosing to stake your NuggetRush (NUGX) NFTs.
Gaming adventures are becoming more popular. NuggetRush (NUGX) has attracted many investors, selling 182 million tokens as its blockchain ICO progressed to the fifth round in its presale. It trades at $0.018 after a 20% pump from its previous price. NUGX will rise to $0.020 and get listed on top crypto exchanges.
Visit NuggetRush Presale Website
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