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TLDR
- Analysts debate the effects of Blur’s recent token unlock on its price performance.
- Celestia (TIA) has jumped to a new all-time high of $19.
- NuggetRush’s (NUGX) mining game has sold 159 million tokens in its presale.
Blur has unlocked 49 million tokens amid its current bull run. Celestia (TIA) jumped to an all-time high barely two months after releasing its main net.
However, NuggetRush (NUGX) has generated more traction after its presale sold 159 million tokens. The project features a mining game with gold rewards. Yet, can NUGX join the best cryptocurrency investments in the gaming space? Let’s hear opinions from NUGX supporters.
Blur Unlocks $32.55 Million Worth of Tokens
Blur NFT marketplace unlocked 49.46 million tokens on January 16, 2024. The token unlock came amid Blur’s struggle to reach the $0.60 range in January. As NFT activity rose in late 2023, trading on Blur picked up. It then rose to $0.50 region.
BLUR traded at $0.5055 on December 1. A month later, BLUR had fallen by 14.8% to $0.4302 as of January 7. BLUR’s bullish momentum picked up, and it rose by 44.0% to $0.6199 by January 15.
Token unlocks usually reduce a coin’s value due to increased supply. Yet, BLUR has maintained a bullish stance after six of its last eight tokens unlocks. Analysts expect an increase in Blur’s performance when NFT activity picks up in Q1 2024. This could push BLUR up by 8.2% to $0.6709.
Celestia Reaches All-time High
Celestia (TIA) remains one of the best-performing altcoins in the past two months. After launching its mainnet on October 31, 2023, Celestia soared to an all-time high in mid-January. Celestia’s (TIA) market capitalization has also grown by $2.7 billion since early November.
TIA’s December 1 value stood at $7.0976. Four weeks later, TIA jumped by 97.1% to $13.98 by January 1. TIA remained bullish, growing by 36.1% to $19.03 by January 15.
Celestia’s (TIA) growth was boosted by increased TIA staking. Several networks have offered token airdrops to Celestia stakers. Furthermore, Celestia partnered with Polkadot for the use of its Data availability layer. Analysts say the current market bullishness could push TIA’s value up by 28.9% to $24.53.
NuggetRush’s 50% Presale Growth Challenges Norms in the P2E Sector
NuggetRush (NUGX) is an adventurous NFT gaming expedition where players engage in mining challenges that offer valuable rewards. It features a blockchain ecosystem with a play-to-earn game that comprises the day-to-day life of an artisanal miner. On NuggetRush (NUGX), you must get your hands dirty to earn money from selling mineral resources on its marketplace.
Mining on NuggetRush (NUGX) is scarcely different from real life. You survey soils, dig tunnels, refine mineral resources, and sell them on a marketplace. The game rewards players with NFTs and game collectibles for completing mining tasks. These challenges range from quests to battles, competitions, and ranked play.
Your mining efficiency will determine how easy it is to complete mining tasks. On the other hand, your mining efficiency is determined by your workforce and mining machinery. Players must skillfully collect NFT workers and equipment to ensure high mining efficiency. Some of these assets will also come as rewards after you complete mining tasks.
NuggetRush (NUGX) has created a one-of-a-kind mining experience. Experts say its features could make it one of the top DeFi projects in the gaming industry. Most investors are fixated on NuggetRush’s (NUGX) blockchain ICO after it sold 159 million tokens. The project is just in fifth four of its presale with a token price of $0.018.
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