What you'll learn 👉
TLDR:
- Uniswap has increased its trading fees from 0.15% to 0.25% to gather funds after the SEC’s scrutiny.
- The Terra Classic community is voting on a new proposal to create a team that will oversee the development of the LUNC chain.
- NuggetRush crypto mining game has an integrated unique P2E concept to its game.
In the latest crypto news, Uniswap has raised its trading fees to 0.25%. The aim is to gather funds for its lawsuit with the US SEC. Also, the Terra Classic community is voting on a proposal to launch a dedicated team for chain development.
Meanwhile, NuggetRush has adopted the play-to-earn concept into its crypto mining game. This enables players to earn rewards while enjoying gameplay, making it a top DeFi project to be part of.
NuggetRush (NUGX) Integrates Unique Play-to-Earn Concept in Mining Game
NuggetRush (NUGX) is a new DeFi project that is making waves in the crypto gaming world. It has integrated a play-to-earn concept in its virtual mining game. This game allows players to earn free NUGX coins, trending NFTs, cash, and even gold.
All players have to do is join the game, become miners, mine resources, and sell them. Another way to earn these rewards is through activities like tournaments, challenges, battles, and ranked play. In this virtual world, NFT characters are used to represent miners.
Players can customize these NFTs and buy popular NFT characters to strengthen their mining projects. They can also buy machines and partner with other teams to mine gold and other precious minerals.
The platform’s native token, NUGX, is set to be listed at $0.020 after its upcoming airdrop. Top analysts predict that the price of NUGX could soar to as high as $1.00 during the coming bullish run. This makes NuggetRush the best crypto investment for investors who want to grow wealth.
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Show more +Terra Classic (LUNC) To Create a Team
The Terra Classic (LUNC) community is voting on a new proposal, Proposal 12093, that is aimed at creating a Terra Classic team. The function of the team will be to look after all the developments of the Terra Classic chain. Also, this team will receive funding directly through the community pool. The voting, which began on the 10th of April, will end on the 17th.
Before then, Terra Classic’s LUNC is in the red region. The altcoin price has dropped 33.2% on the monthly chart. Also, its price has dipped 21.2% in the past week and is currently fluctuating between $0.00008059 and $0.0001428.
Uniswap (UNI) Increases Trading Fees
Uniswap (UNI), the largest decentralized exchange, has increased its trading fees. Now, most swaps will attract a fee of 0.25%, which is an increase from the previous rate of 0.15%. This change is a response to potential legal challenges it might face from the US Securities and Exchange Commission (SEC).
The funds from the increased fees will be used to handle any legal expenses from its lawsuit with the SEC. The Uniswap coin has dropped 31.0% in the past week due to the SEC’s lawsuit. The altcoin is currently struggling at the $6.00 region after falling from $11.78. This case might cause more price drops in the coming week, making UNI not the best cryptocurrency to buy.
In Summary
Uniswap’s fee hike could push investors to other exchanges. Meanwhile, Terra’s new team could push the project to new heights. As for NuggetRush, its play-to-earn concept makes it the best crypto to invest in. NuggetRush’s rewards – coins, NFTs and even gold are good assets for investors to grow their portfolio.
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