TLDR
- Cosmos (ATOM) stakers might reduce as the network considers slashing its inflation rate to zero.
- Kaspa (KAS) is now available on wallets from Crypto.com and Ledger.
- NuggetRush’s token launch could usher in a new era in the gaming sector.
Cosmos’ (ATOM) community could cut its inflation rate to 0%. Wallet integration of Kaspa (KAS) is now on the rise.
However, investors are more focused on the gaming sector of the crypto industry. NuggetRush has won many hearts with its impressive presale numbers. Over 179 million tokens have been sold. Yet, is NUGX the best buy among new ICOs? Let’s hear from market experts.
NuggetRush: Investors Praise Mining Game For Bringing Something Different to the Play-to-Earn Industry
NuggetRush is gaining more attention daily as analysts and investors praise the project’s uniqueness. Unlike most play-to-earn adventures, NuggetRush encapsulates the mining experience into a 3D adventure with vast reward potential. In its standout mining game, you amass wealth by excavating resources from its mineral deposits.
NuggetRush allows players to build mining sites, excavate, and sell resources on its marketplace. After the sale of each resource, gamers receive funds, NFT assets, and other collectibles. NuggetRush stands out for allowing players to trade all their assets, including game funds. Another good use of game funds is the expansion of your mining operations.
By having bigger mining operations, gamers get a higher reward eligibility. Furthermore, they can rise to the top of the game’s mining charts faster.
NuggetRush also allows players to leverage the experience of other gamers. It allows community participation, fostering teamwork, which leads to higher rewards. Finally, NuggetRush has also won hearts after revealing NFT staking opportunities that pay up to 20% APY.
Investors no longer debate if NuggetRush has immense growth potential. The sale of 179 million tokens in its blockchain ICO has cleared many of their doubts. Furthermore, NUGX’s value has appreciated by 80%, rising from its round one price of $0.010 to its current value of $0.018. Its next jump will be a rise to $0.020, which will also start the coin’s listing.
Cosmos Mulls Reduction in Inflation Rate
Cosmos’ community is debating the usefulness of another inflation rate cut. On January 9, 2024, StakeLab proposed cutting Cosmos’ inflation rate to 0% from its current 7-20% range. The proposal raised concerns as analysts fear Cosmos stakers would be discouraged after such inflation cuts.
The news comes amid Cosmos’ (ATOM) fall below double digits. ATOM traded at $10.3100 on January 5. It fell by 3.3% to $9.9642 on January 12. ATOM fell by 8.6%, reaching $9.1007 on January 31. However, ATOM recovered by 9.5% to $9.9736 on February 10.
Cosmos (ATOM) holders anticipate a price boost following its increased network activity. Trading activity on Cosmos’ (ATOM) dYdX exchange soared, and its trade volume surpassed Uniswap on January 18. If trading activity on Cosmos remains high, ATOM could jump by 21.0% to $12.0749. Growing FOMO around Cosmos shows that it could join the rank of top DeFi projects.
Kaspa Rises Amid Growing Wallet Integrations
Kaspa (KAS) has announced new wallet integrations amid its growing popularity in the crypto sector. On February 5, 2024, Kaspa (KAS) announced its integration with CryptoWallet. The news followed Kaspa’s integration with Ledger wallets, announced on January 30.
The wallet integrations could boost Kaspa’s performance. KAS traded at $0.1064 on January 3. It fell by 7.9% to $0.09799 by January 22. KAS climbed by 9.6% to $0.1074 on January 29 before jumping by 27.9% to $0.1374 on February 4.
Kaspa (KAS) has been working to boost its DeFi services. It launched Wrapped Kaspa (wKAS), a bridge to major altcoins like BNB Chain and Polygon. The move boosted Kaspa’s interoperability, leading to an increase in its DeFi services. If that trend continues, KAS could pump by 23.6% to $0.1699.
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