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Significant investor shift towards NuggetRush may influence XRP and Render market stand

February 7, 2024
in General
Significant investor shift towards NuggetRush may influence XRP and Render market stand
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Ripple Payment services for US customers will soon go live.
Render’s (RNDR) network activity increased towards the end of 2023.
NuggetRush presale continues to turn heads after selling 170 million tokens.

XRP will launch Ripple payment services for its US customers. Render (RNDR) has also improved in its network performance metrics.

Yet, NuggetRush seems like the most exciting gaming project in the play-to-earn space. After selling 170 million tokens, investors have fallen in love with its presale. Yet, can NUGX outperform top crypto coins like XRP and RNDR? Let’s find out what market experts think.

NuggetRush: rewardable gaming supporting miners worldwide

NuggetRush is the gaming experience that many play-to-earn connoisseurs have long sought. It combines the desire for attractive NFT rewards with the opportunity to contribute to the development of mining communities worldwide. NuggetRush is a virtual mining experience that is native to the Ethereum network.

Gamers and investors from all countries are invited to join the mining experience on NuggetRush. It offers the opportunity to start a lucrative business where natural resource mining is the central service you offer. It comes with a well-equipped marketplace where miners turn their efforts to cash. 

Minerals and collectibles sold on NuggetRush’s marketplace come with attractive benefits like extra NFTs and a boost in mining efficiency. As mentioned earlier, NuggetRush offers the opportunity to support artisanal mining communities worldwide. 

A share of all profits from the game is donated to such communities. This satisfies the desires of many gamers looking for Impact gaming opportunities. Another way gamers earn money from NuggetRush is by staking their NFT assets. The game’s staking payouts go as high as 20%, depending on the NFT lock-up duration.

NuggetRush is becoming more popular as investors are abuzz over its 80% token growth. By round five of its presale, NUGX has sold 170 million tokens. Its blockchain ICO is now among the most popular in the market. All eyes are turning toward NUGX’s listing, which will follow an increase to $0.020.

For more information about NuggetRush and its ongoing presale, visit the NuggetRush Presale Website.

XRP unveils payment services for US markets

On February 4, 2024, XRP’s community went abuzz over the launch of Ripple Pay services for the US market. The announcement indicated a growing focus on XRP’s US markets. Furthermore, it came as part of XRP’s plans to boost its services in the payment sector while fending off competition from altcoins like Litecoin.

XRP’s new payment services could help change its current market downturn. It traded at $0.6254 on January 2. XRP fell by 12.9% to $0.5443 on January 19. Its decline continued, and XRP fell by 4.6% to $0.5189 by February 3.

XRP’s payment services could help boost its investor sentiment, which reduced because of its ongoing legal troubles. Ripple Labs is in a heated tussle with the SEC over XRP’s true financial status. Some analysts say the outcome of that case will impact XRP’s performance in 2024. 

Furthermore, they conclude that XRP could rise by 11.5% to $0.5789 due to excitement around its new payment service. Still, XRP’s recent performance means it’s not a good crypto to buy now.

Render performance in Q4 2023 increased

Render (RNDR) has published its network performance reports for Q4 2023, showing an impressive increase from previous quarters. The report showed that Render recorded a 29% increase in frames rendered in Q4 2023. Furthermore, usage of RNDR tokens had also increased by nearly 50%. 

Render’s (RNDR) improved performance preceded its wobble in January 2024. RNDR traded at $4.7460 on January 1. It fell by 20.6% to $3.7659 on January 15. RNDR recovered by 8.3% to $4.0800 on January 27 before jumping by 15.6% to $4.7175 on February 3.

Render (RNDR) network also recorded an impressive Year-on-year growth, indicating growing interest in the network. Furthermore, analysts predict an improvement in Render’s market performance since its Burn and Mint Equilibrium upgrade. Analysts say the upgrade could improve Render market pump, thus pushing RNDR’s price up by 10.4% to $5.2104.

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