- Floki has unveiled plans for increasing its DeFi activity.
- Terra Classicโs (LUNC) network recovery could get a boost in 2024.
- NuggetRushโs (NUGX) sale of 270 million tokens continues to impress investors.
Flokiโs plans for digital banking will boost its DeFi services. Terra Classic could get a boost from Binanceโs LUNC burn decision.
NuggetRush (NUGX) continues to vie for a spot among top gaming tokens after selling 270 million presale coins. NUGX has also raised 100% profit for investors. Yet, can NUGX become one of the top crypto coins? Keep reading for more.
NuggetRush’s Surge Mounts Pressure on Other Gaming Tokens
NuggetRush (NUGX) is a blockchain gaming network with a standout offering in the P2E space. The platform contains a unique opportunity to enjoy the thrills of artisanal mining while competing for gold and NFTs amongst other players. NuggetRush’s (NUGX) gameplay contains NFT characters and quality machinery designed to boost the efficiency of your mining activities.
Each player must complete NuggetRushโs challenges, establish a business, and sell valuable mineral resources. In return, they get in-game cash, NFTs, and other P2E benefits. NuggetRush (NUGX) allows players to expand their P2E earnings by increasing their mining operations. Such an increase will involve buying more land and machinery while recruiting more workers.ย
This will also boost your mining efficiency while giving you access to more in-game rewards. NuggetRush (NUGX) provides optimal security for gamers on its network. Its code has already been audited by SolidProof. Furthermore, the network’s creators have revealed that they will relinquish control over the game’s smart contracts to community members. This will help the game achieve decentralization.
NuggetRush’s (NUGX) network has expanded as investors have purchased over 270 million presale tokens. Its blockchain ICO has also generated nearly $3.75 million in revenue. After a spectacular 100% value surge, NUGX now trades at $0.020. However, analysts expect it to keep soaring after its official listing.
Floki Plans to Expand its DeFi Services Using Regulated Digital Banking Accounts
Flokiโs real-world adoption will get a boost from its plans to introduce digital banking accounts. The new release will allow users to fund their bank accounts using FLOKI. Furthermore, Floki has entered partnerships in strategic regions like Spain, Australia, and UAE to ensure the smooth delivery of its banking services.
Excitement around the news could spur a Floki recovery. FLOKI traded at $0.00008738 on March 1. Three weeks later, FLOKI jumped by 158.9% to $0.0002263 on March 22. FLOKI rose by 11.3% to $0.0002519 on March 28 before falling by 20.9% to $0.0001991 on April 3.
Floki could rise further due to plans to offer staking services to its users. This would boost Flokiโs DeFi activity, possibly pulling users from other top altcoins. Furthermore, Flokiโs addition to Binance Pay could increase demand for its services in the eCommerce sector. This could further push FLOKIโs value up by 25.5% to $0.0002500, making it one of the most bullish altcoins.
Binance Burns Billions of Tokens in a Bid to Bolster Terra Classicโs Recovery
Binanceโs staunch commitment to Terra Classicโs (LUNC) recovery has not gone unnoticed in the crypto market. Many Terra Classic community members were excited as Binance burned 4.17 billion LUNC tokens. The move follows plans to reduce the circulating coin supply on Terra Classic.
Furthermore, the news could trigger a Terra Classic price surge. LUNC traded at $0.0001569 on March 1. It jumped by 25.1% to $0.0001963 on March 11. LUNC fell by 21.7% to $0.0001537 on March 27 before another 11.4% decline to $0.0001361 on April 3.
Terra Classic (LUNC) is now mulling a proposal to reinstate a 5% minimum commission for network validators. Furthermore, it might be a potential remedy to the sharp decline of Terra Classicโs (LUNC) validators in the past few months. Analysts say the proposal could boost Terra Classicโs network activity, pushing LUNCโs value up by 39.2% to $0.0001895.