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Bitcoin Cash (BCH) investors want to recreate the success of Bitcoin by demanding spot crypto ETFs.
Litecoin's (LTC) community is celebrating the recent surge in its network activity.
NuggetRush's (NUGX) entry into the gaming industry has caused great excitement after it raised over $2.4 million in its presale.
Litecoin's (LTC) hashrate has set a new record, further increasing its network activity. After BTC's stellar performance, the Bitcoin Cash (BCH) community is now clamoring for spot ETFs.
Still, investor appetite seems to prefer NuggetRush, a mining game that will launch soon, offering gold rewards and NFT staking benefits. Still, NuggetRush could go the extra mile, becoming one of the top DeFi projects. Join us as we discuss.
Following Bitcoin's spectacular rise, members of the Bitcoin Cash (BCH) ecosystem have called for spot cryptocurrency products for the network. Bitcoin had jumped to the $50,000 range just a few weeks after the launch of its spot ETFs.
This caused an ensuing bullishness that affected Bitcoin Cash's (BCH) performance. As of January 13, BCH traded at $254.22. It fell by 7.8% to $234.25 on January 31. BCH recovered by 5.7% to $247.73 on February 10 before rising to $265.
Billions of dollars worth of Bitcoin spot ETFs have been purchased since their official launch in January 2024. If the Securities and Exchange Commission (SEC) approves spot Bitcoin Cash ETFs, trading activity on the network will rise.
Furthermore, Bitcoin Cash (BCH) will undergo an upgrade in April 2024. The upgrade would boost the efficiency of Bitcoin Cash's (BCH) network. This could attract more development activity on Bitcoin Cash, pushing BCH's value up by 12.7% to $293.35.
Litecoin (LTC) has been subject to increased network activity in 2023, causing the network to break performance records. On February 20, 2024, Litecoin announced that its hash rate had reached an all-time high of 1.34 Petahash per second. The news follows increased demand for Inscriptions on Litecoin (LTC).
Furthermore, it could boost Litecoin's (LTC) market performance. LTC traded at $69.47 on January 16. It dropped by 3.6% to $66.93 on February 4 as the market underwent a price correction. LTC jumped by 8.9% to $72.93 on February 12 before falling to $70.00 on February 26.
The number of Ordinals inscribed on LItecoin (LTC) has climbed to 21 million. Analysts expect demand for Ordinal services to remain high, further increasing network activity on Litecoin. Already, Litecoin has processed over 20 million transactions in the first two months of 2024. If its network activity keeps rising, LTC could pump by 5.7% to $68.76.
NuggetRush (NUGX) has risen through the ranks, becoming one of the most popular NFT projects among yet-to-launch gaming altcoins. Gaming activity on NuggetRush centers on mining natural resources and selling their proceeds on a high-quality P2P marketplace. NuggetRush (NUGX) also offers the opportunity to build a mega business around your mining operations.
You will find a diverse range of characters on your NuggetRush (NUGX) journey. These characters are made up of miners and entrepreneurs. Their role in the game is to support your business efforts. For instance, your mining operations would need workers with requisite experience. Thankfully, you will get a wide array of characters to select from.
The factors to consider when selecting NuggetRush (NUGX) characters include skill level, luck, and rarity. Their skill level will determine the level of efficiency they bring to your mining operations. Their rarities would also influence how much they will cost in the marketplace. NuggetRush (NUGX) builds a vibrant ecosystem around the trade of these resources, thus merging gaming and finance.
To become a member of NuggetRush's (NUGX) community, you can buy NUGX tokens from its presale, which is about to end. Its blockchain ICO sold over 199 million tokens and raised over $2.4 million. This increased NuggetRush's (NUGX) FOMO, causing a surge of investors to its network. Now, NUGX will soon grow from its current price of $0.018 to its listing value of $0.020.
