- Manta Network (MANTA) faced a DDoS attack shortly after launching its governance token on January 18, affecting its operations on major exchanges. Coin98 is considering a partnership to enhance accessibility.
- Binance will stop listing Monero (XMR) from February 20, causing a 19% drop in XMR’s value and impacting other cryptocurrencies on the exchange. OKX had previously made a similar decision for user safety.
- NuggetRush (NUGX) stands out in the volatile crypto market with strong growth potential and a unique investment model. Unlike struggling meme coins, NUGX combines memes and utility, positioning itself as the best crypto investment of the year.
In this analysis, we delve into the recent developments surrounding Manta Network (MANTA), the challenges faced by Monero (XMR) following Binance’s delisting decision, and the meteoric rise of NuggetRush (NUGX) that is reshaping the crypto investment landscape. As Manta and Monero show weakness, here is why investors are rushing to buy NuggetRush in its presale.
Manta Network (MANTA): Navigating Turbulence with Resilience
Manta Network (MANTA) was affected by a Distributed Denial of Service (DDoS) attack on January 18 after the launch of its governance token. At the time, Manta Network (MANTA) had been listed on top exchanges – KuCoin, Binance, and Bithumb.
Furthermore, the prominent crypto platform Coin98 has shown increased interest in partnering with Manta Network (MANTA) to enhance its accessibility. These criminals exploited the Remote Procedure Call (RPC) of Manta Network (MANTA), sending almost 135 million hoax requests. The fake calls disrupted Manta Network’s (MANTA) flow of operations, slowing its progress.
The founder of Manta Network (MANTA), Kenny Li, insisted that the situation was under control and that everything was safe. In the meantime, Manta Network (MANTA) was accused of engaging in money laundering by the South Korean regulators. These instances resulted in a massive drop in the token’s value since January 22.
On February 11, Manta Network (MANTA) was valued at $2.86, down 1.82% in the past week. Experts say MANTA will rise to $3.65 by the end of February, riding on the current bullish momentum in the crypto market.
Monero (XMR): Navigating the Storm of Delistings
Binance Exchange declared it will cease listing Monero (XMR) from February 20, 2024. The news prompted a massive drop of over 19% in Monero’s (XMR) value. That measure, taken for security reasons, does not only affect Monero (XMR). Other cryptos will also be delisted from Binance.
Interestingly, OKX is another exchange that made a similar decision in January to delist some cryptos, including Monero (XMR). The objective is to guarantee the safety and protection of the users by delisting such assets.
Monero’s (XMR) on-chart data shows it is trading in a volatile situation and struggling in a bearish zone. Despite the crypto market surge led by Bitcoin (BTC), Monero (XMR) is dropping further.
On February 11, Monero (XMR) was trading at $118.43, down 29.65% in the past week. Experts say Monero (XMR) will drop toward the $100.00 psychological zone, pressured by increased selling pressure and delisting from major exchanges.
NuggetRush (NUGX): Redefining Crypto Investment with Memes and Utility
NuggetRush (NUGX) is taking the entire crypto market by storm with its growth potential. While Manta, Monero, and Elon memecoins struggle with the volatile market, NuggetRush (NUGX) has a strong upside potential, although it is still in the crypto ICO stage. NuggetRush (NUGX) is different from the other coins due to its unique investment model, which has increased demand for the project.
While the other meme coins have no tangible utilities, NuggetRush (NUGX) is popular for its remarkable blending of memes and utility. It stands at the center of memes and play-to-earn, the biggest narratives in the crypto space. As a result, NuggetRush (NUGX) is the best crypto investment of the year.
Since it is a gaming platform, it promises fun and thrill. Gamers will enjoy immersive gameplay and receive rewards for participating in the gold mining game. All in-game assets acquired by the gamers can be sold, traded, and exchanged in the NuggetRush (NUGX) marketplace.
Currently, in round 5 of its presale, NUGX tokens are valued at $0.018 each. Interestingly, current NuggetRush investors will enjoy an 11.11% ROI once the project lists on major exchanges at $0.020. The project has joined the top altcoins list since it sold over 176 million NUGX tokens and raised over $2.1 million. With all these features and growth potential, NuggetRush (NUGX) is undoubtedly a good crypto to buy.