HomeNewsMANTA and Monero (XMR) Show Weak Price Action As Demand Surges On...

MANTA and Monero (XMR) Show Weak Price Action As Demand Surges On NuggetRush Presale

- Advertisement -
  • 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.

>>Buy NuggetRush Now<<

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.

Visit NuggetRush Presale Website  

ETHNews: This publication is sponsored. ETHNews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should conduct their own research before taking any actions related to the company. ETHNews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.
By accessing and reading this article, you acknowledge and agree to the above disclosure and disclaimer.
Ralf Klein is a computer engineer specializing in database technology, and as such, he was immediately fascinated by the possibilities of blockchain when he first heard about it, especially since this distributed, tamper-proof technology can be the foundation for much more than just cryptocurrencies. At ETHNews, he translates the articles of his English-speaking colleagues for the German readers. Business Email: info@ethnews.com Phone: +49 160 92211628