Ripple Inks New Partnership for Asset Tokenization as Theta and NuggetRush Lead the Market Rally

TLDR:

Ripple’s RippleX has joined forces with Zoniqx to advance real asset tokenization on the XRP Ledger. Meanwhile, Theta Network has seen an 82.4% surge in the past week. Also, NuggetRush has emerged as a top ICO, selling over 200 million NUGX tokens and soaring 80% from its initial price of $0.010.

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NuggetRush (NUGX) Presale Skyrockets Enters Final Stage

NuggetRush (NUGX) is one of the new DeFi projects that has caught the attention of investors in 2024. So far, the project has sold over 200 million tokens in the presale stage, making the best ICO this year. The investment in NuggetRush demonstrates investors’ strong confidence and belief in the project’s potential. NuggetRush is creating a play-to-earn (P2E) mining gaming.

This futuristic platform will fuse gaming and passive income, giving users a chance to increase their earnings. Players can search for rare stones and participate in the platform’s own P2E game, which is different from challenges and tournaments.

Players are rewarded for upgrading their mining equipment, which in turn will make extraction faster and more efficient. In order to get more profit, players may work together with the more experienced miners in the game to strengthen their own mining performance.

One of NuggetRush’s major features is the NFT staking option, which can provide players with up to 20% APY. With NUGX priced at $0.018 during the presale round, the anticipation is for its value to rise to $0.020 once it becomes publicly available. After its launch, NuggetRush is expected to experience a 25x price pump, making it one of the best altcoins to invest in.

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Ripple (XRP) Partners With Zoniqx for Asset Tokenization

To help deliver multi-asset tokenization on Ripple Ledger (XRPL), Zoniqx, a tokenization startup of Silicon Valley, has partnered with RippleX, the development division of Ripple.

This strategic alliance is aimed at bringing the XRP token to the frontline of tokenizing assets with XRPL, which will improve not only the liquidity and accessibility of the markets but also the speed and efficiency of the transactions. XRP has continued to show resilience despite its protracted SEC lawsuit.

On CoinMarketCap, it can be seen that the altcoin price has increased by 5.3% over the past month, reaching its high of $0.5736. Investors are still confronted with a major decision as there is no end to the lawsuit in sight.

However, famous crypto analysts like Egrag Crypto advise investors to stay calm because the XRP price chart has shown a very bullish historical pattern that could lead to a price outbreak.

Theta Network (THETA) Skyrockets

Theta Network (THETA), one of the top 50 cryptos in the market, has become the best crypto to invest in after its bullish price movement. The token had recorded a massive gain of 82.4% in the past seven days, jumping from $1.13 to $2.21.

In addition, the price surge has been reflected in higher time frames, with gains of 102.3% and 117.2% in the past two weeks and months, respectively. Yet, Theta Network is trading 86% below its ATH of $15.90.

Analysts are optimistic about THETA’s chances of hitting a new high during the impending bull run. The coin is currently trading above both the 200-day and 50-day moving averages ($0.993 and $1.172), and it is attempting to recover the $2.317 level in order to continue its upward trend.

But from here on, a lot would depend on how the larger crypto market develops.

Closing Thoughts

Theta Network and NuggetRush have emerged as the top crypto coins in the market, showing huge gains with potential for more. It is noteworthy to say that NuggetRush’s crypto ICO is gradually coming to a close and could end in the next few days. Investors are advised to join the presale now so they can gain access to the platform’s mining game, staking option, and other opportunities.

Visit the NuggetRush Presale Website

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