Ethereum Classic (ETC) launched an upgrade to ease app development on its network. Elsewhere, XRP has struggled in the market as its legal tussle with the Securities and Exchange Commission (SEC) continues.
Disappointed XRP holders are turning to NuggetRush (NUGX), a mining game that has already generated 30% ROI for early buyers. NUGX market projections are strong. But can it surpass other new ICOs? Let’s discuss.
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NuggetRush (NUGX) is a captivating play-to-earn game that transports players to the world of mining mineral resources. It is a first-of-its-kind entertainment where players compete for valuable rewards that include NFT characters and appropriate machinery. It features a world of competitive quests, exciting gameplay, and the opportunity to collaborate with other gamers.
NuggetRush (NUGX) also allows players to create custom avatars. At the start of the game, players receive some machinery. They must then find mineral-rich locations and establish valuable mining setups. Players will then profit from trading character NFTs and other mined materials on NuggetRush’s (NUGX) marketplace.
Players must then flex their decision-making skills by assembling a team of NFT characters with distinctive mining and business management skills. They must then invest wisely in new equipment and better-skilled NFT characters.
This then boosts their mining efficiency and makes them eligible for more rewards. Players can get extra lucky by winning RUSHGEMs. NuggetRush (NUGX) will allow the direct swapping of RUSHGEMs for gold, which can be delivered to chosen locations.
NuggetRush (NUGX) blockchain ICO will precede the official kick-off of its mining game. Over 84 million tokens have been sold so far. Yet, NUGX is just in round three of its presale. Its current value is $0.013, increasing by 30% from its round one price of $0.01!
After facing backlash for relatively low network activity, Ethereum Classic (ETC) hopes to change the trend via new upgrades. Recently, Ethereum Classic launched upgrades to its Virtual Machine. Furthermore, Ethereum Classic introduced OpenRPC specification designed to ease app development on Ethereum Classic.
News of the upgrades could help boost Ethereum Classic’s (ETC) recent performance. ETC was trading at $17.78 on November 1. By December 1, ETC had jumped by 6.6% to $18.97. ETC soared by 15.7%, reaching $21.95 by December 10.
Ethereum Classic (ETC) hopes to boost development activity significantly. Some analysts say its recent upgrades might help in that regard. However, others say the upgrades might have little impact on Ethereum Classic due to the popularity of other blockchain projects. However, it could boost trading activity on Ethereum Classic, thus pushing ETC up by 22.7% to $26.95.
Data from CoinMarketCap has shown XRP’s ongoing struggle to break above $0.6 despite the widespread bullishness in the crypto market. Like most top altcoins, XRP’s trading activity increased since early November as investors increased their crypto holdings. Yet, XRP remained largely stagnant.
XRP was trading at $0.6095 on November 1. Less than a week later, XRP had jumped by 17.3% to $0.7155 on November 6. However, XRP lost its bullish momentum, falling by 13.3% to $0.6202 by December 11.
Analysts have pinned XRP’s slow performance on its ongoing lawsuit with the Securities and Exchange Commission (SEC). The SEC has repeatedly mentioned that XRP is a security. Furthermore, it has sued Ripple Labs for unregistered sales of XRP securities. As expected, Ripple Labs has refuted the claim on several occasions. As the legal tussle rages on, analysts say XRP’s value could fall by 5.2% to $0.5877.
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