The post Is It A Good Time To Buy XRP? Ripple Moves Millions Of Tokens – Where To Invest Instead? appeared first on Coinpedia Fintech News
TLDR
- XRP whales have increased their holdings in the past few weeks. Experts speculate on whether this is a sign of an upcoming rally.
- NuggetRush’s mining adventure game will challenge top play-to-earn gaming projects with its 100% increase.
XRP’s whale activity has risen steadily in the past week. Analysts are now speculating over a possible rally. Due to its legal tussle with the Securities and Exchange Commission (SEC), XRP’s investor sentiment has reduced.
Many are now turning to NuggetRush (NUGX) after it unveiled its expected 100% market growth. Furthermore, some investors are more concerned with its play-to-earn mining game, especially because of its reward-earning pathways.
Will NUGX become a top ICO project? Let’s discuss.
XRP Whale Activity on the Rise
Data from Whale Alert on October 24, 2023, shows that Ripple Labs have been behind some massive XRP whale activity. Ripple Labs had transferred 70 million XRP tokens to one of its company wallets. On October 23, Ripple also moved 24.7 million XRP tokens from an unknown wallet to BitStamp.
Ripple’s rising whale activity comes amidst XRP’s sustained market recovery in October. Following a bearish September, XRP traded at $0.5242 on October 1. By October 24, it had risen by 6.5% to $0.5585, a day after Ripple Labs moved 100 million tokens. By October 31, XRP closed at $0.6003, rising by 7.4%.
Analysts have pinned the rise in XRP’s whale activity on its increased adoption in the past few months. Despite Ripple’s ongoing legal battle against the Securities and Exchange Commission, XRP’s demand has risen. Some analysts say XRP could end the year trading at $0.6783, growing by 12.9%. If XRP rises further, it could be one of the top crypto coins.
NuggetRush (NUGX): 100% Growth Potential Generates High Appeal Within the Crypto Community.
NuggetRush (NUGX) has unveiled plans for a community-owned mining game that will offer the opportunity to earn financial rewards. The game comprises an immersive gaming experience that produces a very realistic mining adventure. Each section of the game gives out valuable NFTs.
To progress in NuggetRush (NUGX), players complete mining quests and challenges. They start out in mineral-rich terrain with a handful of machinery and artisanal miners. As they progress, players earn better machinery and characters.
Furthermore, players can use in-game financial rewards to upgrade machinery and miners.
NuggetRush (NUGX) also gives out special NFTs called RUSHGEMS. Players can swap RUSHGEM NFTs for gold in the real world. NuggetRush has also partnered with brands that will deliver RUSHGEM rewards to investors at any chosen location.
NuggetRush’s (NUGX) fast-growing popularity could make it one of the best new ICOs. Now, its presale is ongoing, and NUGX is in Round 2, selling for $0.012. However, users will play the game after NuggetRush launches once NUGX’s value rises to $0.020.
Visit NuggetRush Presale Website
#PressRelease [Source: Coinpedia]