TLDR
- Starknet (STRK) struggles to maintain a rally despite excitement around Ethereum’s recent upgrades.
- Celestia’s (TIA) new partnership with Caldera could help it recover from a sharp decline.
- Investors hurriedly sign up for NuggetRush (NUGX) to enjoy its gold rewards.
Starknet (STRK) recorded a sharp reduction in fees following Ethereum’s new upgrades. Celestia’s recent decline has worsened amid the current price downturn.
NuggetRush’s (NUGX) community-based mining game continues to draw investors, selling over 236 million tokens in its presale. NUGX has also surged to $0.019 since its presale kicked off. Yet, can it challenge other top crypto coins in 2024? Let’s discuss.
Starknet Becomes One of the Biggest Beneficiaries of Ethereum’s Dencun Upgrades
Shortly after integrating Ethereum’s Dencun upgrades, Starknet released information showing the benefits its network has received. Starknet (STRK) announced it had the highest share of L1 Data among Validity rollups. Furthermore, Starknet (STRK) announced that it had recorded an over 90% gas fee reduction.
Despite benefiting from Ethereum’s Dencun upgrades, Starknet (STRK) has struggled to cross the $2.00 region. STRK traded at $1.9200 on February 22. It fell by 6.3% to $1.7973 on March 4. STRK jumped by 46.4% to $2.6315 on March 13 before slightly declining by 22.4% to $2.0407 on March 16.
Analysts predict increased DeFi activity and Dapp development on Starknet (STRK) as it becomes one of the cheapest L2 networks. Increased DeFi activity could help Starknet (STRK) draw users from other projects. This could push STRK’s value up by 49.3% to $3.0477.
Celestia Falls to $13 Amid the Market-Wide Bearishness
Celestia (TIA) has lost significant value by mid-March as the market reels from the recent price correction. Bitcoin fell from its ATH of $73,000, causing a sharp reversal of the bullishness that has dominated the crypto market since the end of February. This decline affected top altcoins like Celestia (TIA).
As of February 8, TIA traded at $20.17. Two weeks later, TIA fell by 15.4% to $17.05 on February 24. TIA dropped further by 8.0% to $15.68 on March 4. TIA’s bearish momentum worsened, causing a 12.3% fall to $13.75 on March 16.
Analysts expect increased network activity on Celestia (TIA) due to Caldera’s partnership with Injective to build an EVM. The EVM will offer composability across Solana, Cosmos, and Celestia.
Furthermore, Celestia (TIA) has signed multiple partnerships in 2024 as several top DeFi projects seek to leverage its modular blockchain technology. Analysts predict more partnerships on Celestia, pushing TIA’s value up by 23.5% to $16.99.
NuggetRush Offloads 236 Million Tokens as its Presale End Date Approaches
NuggetRush (NUGX) is evidence of the rising demand for GameFi projects in 2024. The number of new entries into its mining community has risen significantly, causing the project to sell over 236 million tokens in its presale. NuggetRush (NUGX) is all about mining. Its gameplay tasks players with becoming mining entrepreneurs.
NuggetRush (NUGX) attracts P2E lovers with mining gameplay that promises direct gold rewards. This gameplay requires players to establish a business, recruit workers, and purchase machinery for smooth and efficient mining operations. Besides collecting valuable NFT characters and machinery, players also receive extra rewards.
Gamers can join NuggetRush’s (NUGX) VIP club to earn special discounts and access to game areas closed to the general public. Furthermore, the project offers maximum security to its users. It has been audited for bugs and code malfunctions.
NuggetRush’s (NUGX) blockchain ICO will end in a few weeks. Over 236 million tokens have been sold so far. Yet, investors predict increased FOMO when its presale runs out. NUGX’s value has also jumped to $0.019 as NuggetRush prepares to exit the launchpad round of its presale. At the time of its listing, NUGX’s value will pump by 5.2% to $0.020.
Visit NuggetRush Presale Website