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Posted: December 21, 2023
TLDR
Bitcoin’s (BTC) value has jumped to the $40,000 range.
ORDI has also risen by over 200% since early November.
NuggetRush’s (NUGX) mining adventure game could be the next top investment after raising $1 million in funding.
Bitcoin’s (BTC) halving is a few months away. Yet, Bitcoin’s recent market performance has stunned investors. ORDI is also on its strongest bull run in 2023.
However, both projects are not generating as much attention as NuggetRush (NUGX), a mining game with numerous valuable NFT rewards. NuggetRush’s ongoing presale has raised over $1 million. Yet, can this make NUGX one of the best DeFi projects to invest in? Let’s discuss.
Bitcoin Holders Anticipate $55,000 Before Next Halving
Bitcoin’s (BTC) November rise has spread throughout the market, leading several top altcoins to a sharp rally. Demand for crypto ETFs had shot up in November, boosting trading activity for several cryptocurrencies. Bitcoin (BTC) has jumped to the $40,000 range since early November.
BTC traded at $34,732 on November 3. Four weeks later, BTC’s value jumped by 11.3% to $38,688. Bitcoin’s trading activity rose further as market bullishness increased, thus pushing BTC up by 9.1% to $42,240 by December 16.
Several analysts debate how much growth Bitcoin (BTC) can record before its next halving. Already, Bitcoin (BTC) community members fear its next halving might dent its ongoing rally. Yet, some analysts believe the trend of previous halving events supporting bull runs after a brief correction would continue. If this happens, BTC could soar by 30.7% to $55,240 before its halving event.
NuggetRush: Mining Adventure Game Raises $1 million
NuggetRush’s (NUGX) presale was launched with high expectations after the project revealed an innovative play-to-earn mining game. The project is an Ethereum-based P2E adventure that offers players the chance to build wealth by becoming a successful miner in its gaming ecosystem.
NuggetRush (NUGX) features a rush for mineral resources. Players start the game as novice miners. They receive a plot of land and some small equipment from NuggetRush (NUGX). Players must then find and excavate mineral resources, selling them on the platform’s marketplace. A player’s mining efficiency increases each time they complete a task or challenge.
Players who join mining groups can get a boost in mining efficiency. Furthermore, they can receive extra rewards for group participation. The game will give out funds and NFTs to players. The easiest way to make money from NuggetRush (NUGX) is by selling in-game collectibles on its marketplace. The platform also allows players to earn money from staking their NFTs for a fixed period.
NuggetRush’s rewards are open to everyone. Yet, the game hasn’t launched. Right now, NuggetRush’s blockchain ICO is ongoing. The project has raised over $1 million since the start of its presale. NUGX now trades at $0.013. However, NUGX will rise in every stage of its presale!
ORDI Continues Remarkable Surge
Ordi has recorded an impressive increase since late October, stunning several market experts. Its market capitalization has also soared in the past few weeks, bringing ORDI back into the top 100 cryptocurrencies on CoinMarketCap. ORDI’s market increase follows the growing bullishness in the crypto market.
ORDI traded at $5.54 on November 1. By November 30, ORDI had jumped by 27.1% to $20.59. As its market capitalization soared, ORDI rose by 153.0% to $52.10 by December 16.
ORDI’s jump is likely due to the growing demand for spot crypto ETFs. Analysts expect the SEC’s approval of spot crypto ETFs to boost institutional adoption of assets. This could further boost ORDI’s trading activity. Analysts conclude that ORDI will rise by 28.8% to $67.15 if the market bullishness continues.
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Disclaimer: This is a paid post and should not be treated as news/advice.
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