TLDR
- Polygon has announced a collaboration with Celestia (TIA)
- Controversy around Tron’s (TRX) links to criminal activity could reduce its current momentum.
- NuggetRush (NUGX) has unveiled NFT staking opportunities in its mining adventure game.
Polygon will include Celestia’s (TIA) services in its Chain Development kit. Controversies around Tron’s (TRX) links to criminal activity have risen in December following a letter by the CFA.
NuggetRush (NUGX) is now drawing investors after its token sale revenue exceeded $950,000. The project is a mining adventure with exciting rewards. Yet, can it become a top ICO investment? Let’s discuss.
NuggetRush: Hidden Gem Surprises P2E Community with 30% Increase
NuggetRush (NUGX) is a mining game that comes amid growing interest in the play-to-earn industry. It features a gold rush where players must become artisanal miners while searching for vast rewards. NuggetRush (NUGX) involves team building and managing resources to turn a small mining operation into a booming business.
Its gameplay comprises various skilled miners and business experts. Payers are thrust into a vast ecosystem blessed with mineral resources. Players must then assemble their team and collect mining equipment to start excavating resources and earning rewards. The game features several challenges where players will get to compete in individual and group missions.
NFT rewards are littered throughout NuggetRush (NUGX). After completing tasks, players receive game NFTs and funds. Furthermore, they earn money by selling excavated resources on the platform’s marketplace. Players must reinvest wisely by purchasing improved machinery and upgrading their mining team. This would also boost the effectiveness of their mining operation.
Players also earn money from staking game NFTs. NuggetRush (NUGX) offers an attractive APY, depending on the staking duration. Higher rewards will go to players with a longer staking duration. NuggetRush also gives out special NFTs that players can swap for gold. These NFTs are called RUSHGEMS.
NuggetRush’s (NUGX) presale numbers have stunned several experts in the play to earn community. The project has sold nearly 95 million tokens, generating almost $1 million in revenue. NUGX’s presale value has also soared by 30%.
At the start of its presale, NUGX traded at $0.010. It has risen to $0.013 by round three of its presale. NUGX will soon reach its listing price of $0.020, growing by 58.3% from its round three price. Given its strong market projections, NuggetRush could become one of the top DeFi projects to buy.
Polygon Leverages Celestia’s Data Availability
On December 13, Polygon Labs announced a plan to add Celestia’s (TIA) data availability solution to its Chain Development Kit. The move would reduce costs for projects that leverage Celestia’s data availability solutions. Furthermore, the announcement could boost Celestia’s (TIA) sharp increase since November.
Celestia’s TIA token traded at $2.4031 as of November 2. A month later, TIA’s value jumped by 195.3% to $7.0976 by December 1. TIA rose further by 80.7% to $12.8300 by December 18.
Celestia’s (TIA) rise followed the launch of its main network services on October 31. However, it capitalized on the current bullish momentum spurred by calls for the legalization of Spot crypto ETFs. Celestia (TIA) could rise further due to high-level partnerships with networks like Polygon. This could further push TIA’s value up by 13.5% to 14.5700
Tron Rises to $0.1 Amid Controversies Around Network Activity.
Tron (TRX) has capitalized on the current market sentiments to rise to $0.1 amid controversies around its recent partnership with Circle. At the end of November, Tron was linked to terrorist groups in a report by CoinGeek. Despite the negative news, Tron (TRX) remained bullish due to the ongoing market increase.
TRX traded at $0.09717 on October 30. It rose by 6.5% to $0.1035 on November 29 following the negative report linking Tron to terrorist activity. By December 19, TRX had declined by 0.2%, reaching $0.1006.
On December 14, the Campaign for Accountability (CFA), a non-profit ethics watchdog, accused Circle of potentially funding terrorism. The group’s executive director wrote to two American Senators, faulting Circle’s partnership with Tron (TRX).
She accused Circle of facilitating transfers to Tron (TRX) despite its links to criminal groups. Circle’s founder rebuffed the allegations, claiming the company had closed all Tron (TRX) accounts in February 2023. Analysts say the negative controversy could push TRX’s value down by 2.5% to $0.09806. IfTRX declines further, it might not be a good crypto to buy.
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