- Sui’s DeFi activity could rise in March amid its current bullishness.
- Analysts predict a surge of activity on Sui due to its recent partnerships.
- NuggetRush (NUGX) is among the few gaming networks to boast of an 80% value increase by the fifth round of its presale.
Sui’s network will get increased Pyth liquidity thanks to a partnership with Cetus. Algebra is also joining Sei with plans to build a host of DeFi services.
NuggetRush’s (NUGX) pursuit of presale glory continues as the network sells over 203 million tokens in its presale. The project threatens to unseat Decentraland and The Sandbox as top DeFi projects in the gaming industry. Can NUGX live up to expectations? Let’s discuss.
Cetus Launches PYTH Liquidity on Sui
On February 23, 2024, Cetus announced it would bring PYTH liquidity to Sui’s ecosystem via a new partnership. The move was part of the growing DeFi activity on Sui since the start of the year. The news also preceded the launch of OpenBlock, a new Defi analytics suite on Sui.
Despite growing DeFi activity, SUI has faced volatility. As of January 14, SUI traded at $1.2559. It jumped by 21.5% to $1.5262 on February 1. SUI jumped by 24.9% to $1.9076 on February 14 before falling by 16.8% to $1.5858 on February 28.
Sui’s developers are working on internetless transactions.
On February 21, Sui’s community celebrated the first-ever offline transaction in which both parties lacked internet connection. This could be a breakthrough that will promote crypto adoption in regions without internet access. Furthermore, increased Sui adoption could push its value up by 38.1% to $2.1908 while making it one of the top altcoins.
Sei Welcomes Algebra DEX
On February 28, 2024, Algebra announced the launch of its DEX engine, which contains a forkable modular codebase. Algebra will ease the design and launch of decentralized exchanges on Sei. Furthermore, it would offer the latest advancements in Automated market maker (AMM) design to DEX builders on Sei.
The news could boost Sei’s recent rally. As of January 17, SEI cost $0.8302. It fell by 28.2% to $0.5954 on February 4. SEI soared by 61.4% to $0.9612 on February 18 before a 7.3% dip to $0.8903 on February 27.
Network activity on Sei could rise due to the rollout of new EVM tools. On February 20, 2024, Sei announced that Tenderly had released new features to help streamline app development on Sei. This could bring more developers to the network, pushing SEI’s value up by 42.1% to $1.2657. If SEI remains bullish, it could become one of the top crypto coins.
NuggetRush Prepares to Launch an Ethereum-based Mine 2 Earn Universe
NuggetRush (NUGX) is no typical adventure game. Its mining challenges are one-of-a-kind in the gaming industry. It contains an expedition where gamers can become entrepreneurs in the artisanal mining industry. Nuggetrush (NUGX) offers a wholesome entrepreneurship experience – from starting a business to growing and expanding your operations.
Gaming on NuggetRush (NUGX) is akin to mining in the real world. You get to work with other gamers to achieve high-value objectives. However, the game also offers multiple competitive modes, thus providing a superior entertainment experience. Furthermore, you can enjoy NuggetRush’s mining activities alone or with a group.
NuggetRush (NUGX) also creates avenues to support artisanal mining communities worldwide. Part of the rewards from the game’s main activity goes towards causes that support miners. Speaking of rewards, a gamer will earn funds, NFTs, and mining effectiveness boosts in return for completing tasks in the game.
NuggetRush (NUGX) could become one of the epic gaming networks launched in 2024. It has already sold 203 million tokens in its presale, causing high FOMO among investors. NUGX’s value now stands at $0.018 after an 80% increase by round five of its presale.
NUGX will get listed soon as the game’s launch will follow a price pump to $0.020. Analysts say these factors could make NuggetRush one of the top gaming altcoins in 2024.