TLDR

• Toncoin (TON) surged explosively from $3.32 to $5.02 within a week, defying the market drop. This surge broke previous resistance levels, making it a favorable investment. The introduction of The Open League contributed to the bullish momentum.
• Sui (SUI) is a top altcoin with a thriving ecosystem, attracting developers and users, leading to a record $700 million total value locked (TVL). Despite recent market fluctuations, SUI has remained bullish, staying above key moving averages.
• NuggetRush (NUGX) unleashed a new era for cryptocurrencies by offering tangible use cases through a play-to-earn (P2E) game model. Participants earn income by building a mining empire, participating in in-game activities, and selling collectibles.

Toncoin (TON) has experienced an impressive resurgence, defying market trends with a notable price increase. Elsewhere, Sui (SUI) features an advanced ecosystem that has attracted hundreds of developers and thousands of users. Yet, NuggetRush (NUGX) is a game-changer in the crypto space with its innovative play-to-earn (P2E) model. Here are the reasons Toncoin and Sui’s investors are turning to NuggetRush for lucrative investment opportunities.

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Toncoin (TON) Surges: Defying Market Drop and Targets New Highs

With a price gain from $3.32 to $5.02 in just a week, Toncoin (TON) showed a strong rebound, defying the current market drop. Apart from extending the recovery, the 40% surge enabled Toncoin (TON) to break above the previous resistance at $4.58, providing the buyers with another reason to keep holding.

After it retraced 50% to trade at $3.32, Toncoin (TON) resumed its recovery trajectory. Several factors are believed to have an impact on Toncoin’s (TON) price. A large active community incentive program, The Open League, was introduced recently, and it caused a bullish spike for the token.

Starting in April 2024, the program will reward competitive projects and users in the TON network with 30 million Toncoin, valued at nearly $115 million. With such developments, Toncoin (TON) ranks among the best altcoins to buy today.

On March 25, 2024, Toncoin (TON) was trading at $5.03, up 27.75% in the past week. Analysts say Toncoin (TON) will set a new all-time high above $5.25 by the end of March, powered by increased demand for the token.

Sui (SUI) Emerges as a Top Altcoin: Growth Trajectory and Price Targets

Sui (SUI) has transformed to become one of the top altcoins in the market. Notably, Sui’s blockchain has attracted hundreds of developers and thousands of users. As a result, the total value locked (TVL) in Sui’s ecosystem has spiked to reach a record $700 million.

Since the beginning of 2024, Sui has been in a strong bullish trend. The token has gained in the recent week, remaining relatively stable in the recent bearish crypto market. SUI has remained above the 50-day and 100-day Exponential Moving Averages. Nonetheless, SUI needs to break the resistance at $1.97 to open the way for a surge toward $2.50.

Coupled with the many developments since May 2023, SUI has been on an upside trajectory in the long term. On March 25, 2024, SUI was valued at $1.69, up 3.66% in the past week. Experts believe SUI will hit $1.77 by the end of March, powered by growing demand for the token.

NuggetRush (NUGX): Transforms Crypto with P2E Gaming and Social Impact

In the past, cryptos have lacked defined utilities and have always been highly volatile. Nevertheless, everything changed with the entry of NuggetRush (NUGX). Resembling most of the top play-to-earn (P2E) games, NuggetRush (NUGX) lets participants earn an income using enjoyable in-game activities.

Interestingly, NuggetRush (NUGX) features the building of a mining empire using site discovery and teamwork. Gamers set up mining facilities, trade most available in-game items, collect rare and cool NFTs and set up expert teams to achieve “master miner” status. This prestigious status lets them amass considerable wealth through their mining empire.

Furthermore, NuggetRush (NUGX) offers many income streams via in-game operations. In that context, gamers earn rewards from battles, quests, ranked play, and tournaments. Moreover, they can sell in-game collectibles on NuggetRush’s marketplace.

Remarkably, the platform supports artisanal mining communities in remote and underdeveloped countries. All these utilities make NuggetRush (NUGX) a great crypto to buy.

NuggetRush’s governance design gives the Rush Guild members access to various areas and the power to vote on decisions linked to NUGX’s ecosystem.

Currently, NuggetRush’s blockchain ICO is in the Launchpad round, with each NUGX token trading at $0.019. Furthermore, the project has sold over 248 million NUGX tokens and raised over $3.3 million. Analysts say NUGX will surge significantly after listing on mainstream exchanges. Hence, it is a top crypto to buy now. 

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SWIFT, the global messaging network used by banks, service providers, clearinghouses, corporate business houses, brokers, is planning to launch a new platform to connect central bank digital currencies (CBDCs) in the next one to two years, according to the firm’s head of innovation, Nick Kerigan.

Central banks around the world are tinkering with their own CBDCs and the race for who will launch a digital currency has a geopolitical component to it.

China has a digital yuan in the works and has been trialing the currency for many years. The Bahamas, Nigeria and Jamaica already have CBDCs. 

Sweden’s Riksbank recently released its final report on its CBDC, the e-Krona, and the European Central Bank is developing the digital Euro too.

SWIFT’s Trials and Roadmap to Launch New Platform

“We are looking at a roadmap to productize (launch as a product) in the next 12-24 months,” Kerigan told the newswire in an interview. 

See Also: US Sanctioned 13 Crypto Firms For Alleged Involvement With Russian Banks

“It’s moving out of the experimental stage towards something that is becoming a reality,” added Kerigan.

Kerigan explained in SWIFT’s latest platform trial it took six months and involved a 38-member group of central banks, commercial banks and settlement platforms, all collaborating on national digital currencies.

The trial was focused on making sure that all the different countries’ CBDCs can all be used together even if built on different underlying technologies and this in turn would reduce payment system fragmentation risks.

The timeframe set out by SWIFT could change if CBDC launches around the world are delayed but for now the global payments firm is developing a new platform.

Bank of International Settlements CBDC Plans

In January the Bank of International Settlements (BIS) unveiled that its CBDC project is entering a new phase this year. 

The BIS’s ‘Aurum’ project is exploring “the privacy of payments in retail CBDCs.” — BIS said this is one of the first six projects for 2024 being developed under its Innovation Hub work programme.

See Also: ‘Binance Is Not Paying Its Taxes In Multiple Jurisdictions,’ – CNBC Reporter

The BIS is also working on Project mBridge, a multi-CBDC common platform for wholesale cross-border payments. 

In September, BIS and central banks of France, Singapore, and Switzerland announced a successful testing of cross-border settlement for wholesale-CBDCs. 

Project Mariana, tested and demonstrated the frictionless transfer of CBDCs across the different networks.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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The world of crypto casinos has witnessed unprecedented growth in recent years, captivating enthusiasts with the promise of decentralized and anonymous gaming experiences. Among the success stories, the Rollbit coin stands out as one of the fastest-growing coins, skyrocketing over 100 times in the market.

Now, on the horizon emerges Betsloty, with its native currency, $BS, poised to make a mark as a potential game-changer in the crypto casino landscape. With its diverse and comprehensive game portfolio, mouth-watering bonuses, multiple payment methods, and human-driven support system, there’s a lot to look forward to at Betsloty.

What is Betsloty?

Betsloty has burst onto the scene with a mission to establish itself as a world-leading Bitcoin and crypto casino. The operator has positioned itself to achieve this vision by including offerings that are on par with and even better than some established platforms in the gaming industry. One of its standout features is its extensive library, which features hundreds of games to entertain players. Its selection comprises the best slots, RNG-based table games, live tables, and crash games from top providers.

Its rewarding bonus system is another perk. Registering at the online casino qualifies you for various promotions, which you can claim after making a qualifying deposit. The packages open to players include welcome deals for new customers, other deposit bonuses, and loyalty packs for existing users.

Besides promotions, the Bitcoin casino supports multiple deposit and withdrawal options, offering users multiple transaction options to choose from. If you ever encounter problems, a support service is available around the clock to attend to you.

Leveraging the strengths of cryptocurrencies and the vast user base of the crypto community, Betsloty offers an innovative approach. With this, it invites players to become part of its ecosystem and enjoy its offers through participation in its token presale.

$BS – The Next Rollbit Coin?

At the core of Betsloty’s ecosystem lies $BS, the native cryptocurrency that serves as more than just a transactional medium. This digital asset is intricately woven into the fabric of the casino’s operations, holding immense growth potential.

A distinctive feature of $BS is its unique connection to the casino’s profits, with a percentage of earnings actively supporting and stabilizing the coin’s value. This strategic move shields $BS from the market’s inherent volatility, providing a secure and potentially lucrative investment opportunity for players and investors.

Moreover, players have the opportunity to earn $BS through their gaming activities, further solidifying the coin’s utility within the Betsloty ecosystem. So, don’t miss a chance to be part of the casino’s vibrant community. Register on the platform to make every bet count.

$BS Tokenomics

The backbone of any successful cryptocurrency lies in its tokenomics, and Betsloty has left no stone unturned in designing a robust and balanced system for $BS. With a keen focus on utility, player engagement, sustainability, and platform growth, the foundation reflects the casino’s commitment to creating a thriving ecosystem that benefits all owners.

Built on the Ethereum (ERC-20) blockchain, there are currently 100 million of the coins in supply. The distribution breakdown of $BS is structured to cater to various stakeholders:

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Why Invest in $BS?

Investing in $BS is a smart move for a few key reasons. First off, it’s the native currency of Betsloty, a rising star in the crypto casino world. What makes $BS special is its close tie to the casino’s profits. This ensures its stability and shields it from market ups and downs, making it a secure investment.

The tokenomics of $BS are carefully thought out. With only 100 million $BS in total supply and a well-planned distribution strategy, scarcity is expected to drive up its value. Plus, $BS isn’t just a speculative investment – it’s a utility token within the Betsloty ecosystem. You can earn it through gaming and various activities, making it more than a passive investment. In a nutshell, investing in $BS taps into the potential growth of crypto casinos while offering stability, utility, and the promise of value appreciation.