- Ethereum developers have announced March 13 as the launch date for the Dencun upgrade.
- NuggetRush has hit a major milestone in its cryptocurrency ICO phase ahead of its launch.
- The Solana-based Jupiter has announced three potential launchpad token candidates.
The Ethereum (ETH) core developers have announced that the long-awaited Dencun upgrade will go live on the mainnet on March 13. The upgrade will introduce ‘proto-danksharding’ to Ethereum and improve its scalability.
Meanwhile, the Ethereum-based NuggetRush (NUGX) has hit a major milestone, selling over 174 million tokens ahead of launch. Jupiter (JUP) is also in the news, announcing three potential candidates to launch via its launchpad. Continue reading to find out more.
Ethereum Developers Set March 13 for Dencun Upgrade
After months of waiting, the Dencun upgrade recently made its debut on a few Ethereum testnets, sparking enthusiasm among developers and enthusiasts. However, hopes for a mainnet release in Q1 2024 were dampened by several bugs and difficulties that surfaced throughout the testing phase.
However, the announcement of the Dencun upgrade’s debut date by Ethereum’s core developers has reignited interest within the community. The suggested launch date for the Dencun upgrade for the mainnet has been announced by Tim Beiko as March 13.
Since it would provide “proto-danksharding” to the Ethereum network, this upgrade is much awaited. Better scalability and lower network fees are further benefits of the update. There are expectations that it will push Ethereum to a new ATH prior to launch.
NuggetRush (NUGX) Scores Major Milestone Ahead of Launch
NuggetRush (NUGX) is an Ethereum-based DeFi project that has been gaining a lot of attention over the past few weeks. Due to NuggetRush’s increasing popularity, the project has sold more than 174 million NUGX tokens or more than 77% of the total quantity held for its blockchain ICO.
NuggetRush has been in high demand due to its distinctive GameFi idea and substantial earning potential. The goal of this incredibly realistic play-to-earn game is to transport users to a virtual gold and mineral mining environment.
As they search for gold and other valuable minerals, players will establish mining facilities and assemble a crew of miners. A player can grow their squads and scale their operations as they win more to improve their chances of discovering more gold.
Where NuggetRush really stands out is that it features a marketplace where they can trade their NFT and mined materials for real-world assets. As such, you can earn real cash, gold, and the ERC20 coin of the GameFi project, NUGX.
The rush into the GameFi project has made NUGX one of the top DeFi coins of Q1. Already, it has recorded an 80% price increase and now trades at $0.018 per coin. However, ahead of its Q1 launch, crypto analysts have forecasted a 25x price surge for NUGX.
Jupiter (JUP) Announces Next Launchpad Candidates
Jupiter exchange, a Solana DEX aggregator, revealed three potential launchpad tokens after its native JUP token had a successful airdrop last week. The three candidates are liquidity staking platform Sanctum, an NFT collateralization platform Sharky, and the cross-chain interoperability protocol deBridge.
As a community project, the Jupiter team will not play a role in the selection of the next launch candidate. Users of the Solana DEX are expected to vote to select the next project to launch on Jupiter. Meanwhile, as more projects launch on Jupiter, the price of JUP is expected to increase in the coming weeks.
Closing Thoughts
The Ethereum Dencun upgrade, the upcoming launch of NuggetRush, and the latest batch of Jupiter launchpad candidates are all exciting developments in the crypto space. These events are expected to translate into potential price increases for these altcoins.