TLDR
- Lido DAO’s (LDO) recent growth could be due to the rise in ETH staking.
- Cosmos (ATOM) aims to expand its services with the recent integration of Bitcoin.
- NuggetRush (NUGX) is gearing up to launch a mining game that offers the opportunity to win gold.
As 2024 approaches, investors are now looking for low-cost tokens with high growth potential. Lido DAO (LDO) is now a popular option among investors because of the rise in ETH staking in 2023. Likewise, the addition of BTC to the Cosmos (ATOM) network has increased positive investor sentiment toward ATOM.
Still, NuggetRush (NUGX) seems more popular because it offers several ways to earn money from its mining game. Which of the above projects will be a good crypto to buy now? Let’s discuss.
NuggetRush (NUGX) Unveils Gold Winning Potential of its Play-to-Earn Mining Game
NuggetRush (NUGX) aims to be a game-changing meme coin that offers real-world value alongside market hype. It features a play-to-earn mining experience. The platform allows players to explore their adventurous side while being eligible to win valuable rewards.
NuggetRush’s (NUGX) gameplay involves exploring a mineral-rich terrain and finding resources with the help of artisan NFT miners. Players also receive NFTs that involve skilled business personnel, which help players realize more value from their mining operations.
To win more rewards, players can upgrade their NFTs. Players become eligible for higher rewards by boosting the efficiency of their mining activities. Players can also join mining groups in NuggetRush’s ecosystem.
After completing group tasks, they enjoy higher efficiency and shared rewards.
NuggetRush (NUGX) could soon become one of the most popular NFT projects. Right now, NUGX is still in its blockchain ICO phase. Its current price is $0.012 in Round 2 of the presale. NuggetRush’s game will then kick off when NUGX rises by 100% to $0.020.
LIDO DAO (LDO) Popularity Rises as Demand for ETH Staking Skyrockets
Ethereum staking has grown in popularity since the network-enabled withdrawals, causing a sharp increase in Lido DAO’s (LDO) popularity. Its user adoption has grown, pushing Lido DAO’s Total Value Locked (TVL) to a 17-month high.
Lido DAO’s (LDO) recent popularity has improved its market performance in the past few weeks. LDO was trading at $1.5658 on October 2. By October 31, LDO closed at $1.8295, falling by 16.8%.
Experts say Lido DAO’s (LDO) high network metrics could help maintain its bullishness. These analysts expect Lido DAO’s network activity to stay high due to the popularity of ETH staking. This could push LDO up by 9.9% to $2.0124 by the start of 2024. If Lido DAO (LDO) maintains its bullish performance, it could be one of the top altcoins available.
Cosmos (ATOM) Network Celebrates BTC Integration
Cosmos’ mission to bridge blockchains for smooth interoperability got a big boost following the addition of Bitcoin to its network. On October 3, 2023, Osmosis decentralized exchange announced a partnership to bring a wrapped version of Bitcoin to Cosmos (ATOM). The partnership would allow users to transfer Bitcoin to Cosmos via the Nomic bridge.
Cosmos’ upgrades could increase ATOM’s bullish momentum. ATOM was trading at $6.970 on October 4, a day after Osmosis announced its plan to bring BTC to Cosmos. By October 30, ATOM closed at $8.1068, rising by 16.2%.
The partnership will make nBTC (Cosmos’s version of Bitcoin) available to over 50 appchains linked to its network. It would also increase network adoption of Cosmos, thus pushing ATOM up by 26% to $10.214.
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