TLDR
- Immutable (IMX) could rise if the market recovery continues.
- A new release on Injective (INJ) could also boost its network activity.
- NuggetRush (NUGX) holders jubilate as its official token listing approaches.
Immutable’s (IMX) partnership with the OKX exchange could boost its recovery. Rising DeFi activity on Injective could help INJ reclaim the $40 mark.
NuggetRush (NUGX) could become one of the top altcoins in the market as its presale sells over 250 million tokens. Investors have been drawn to its gold rewards. Yet, can NuggetRush (NUGX) become one of the top gaming tokens of 2024? Join us as we discuss.
NuggetRush Outperforms Market Predictions as its Token Sale Count Reaches 250 Million
The upcoming launch of NuggetRush (NUGX) will introduce a unique mining adventure that offers access to real gold rewards. NuggetRush is based on Ethereum, the largest blockchain ecosystem on the planet. It is designed to allow gamers to relive mining experiences in a virtual world.
Gameplay on NuggetRush (NUGX) will teach you a lot about artisanal mining. It will take you through mundane and complex tasks, each designed to test your critical thinking and resource management skills. Some of these challenges will include recruiting an efficient mining workforce, purchasing machinery, and surveying soils in search of mineral-dense lands.
The game’s marketplace is also efficient, offering easy swaps of mineral resources for game funds. Players can invest their funds into purchasing machinery or hiring more workers, thus boosting their earning potential.
Gamers also receive rewards for completing tasks and mining challenges. Some of the proceeds from trading resources on NuggetRush (NUGX) go towards supporting artisanal mining communities in developing nations.
NuggetRush (NUGX) has shown enough potential to become one of the best presale tokens. Its blockchain ICO has sold over 250 million NUGX tokens as the network continues to expand. NUGX’s value has now jumped to $0.019 as it entered the launchpad round of its presale. After an increase to $0.020, NUGX will get listed on top decentralized exchanges.
Immutable X Will Boost Game Development Via a Partnership with OKX Exchange
On March 21, 2024, Immutable (IMX) announced a mega partnership with the OKX exchange. Both firms will develop a GameFi launchpad to ease the production of blockchain games. The partnership follows Immutable’s (IMX) plan to boost GameFi activity in 2024.
Furthermore, it comes amid the $1 billion increase in Immutable’s (IMX) market capitalization since early March. IMX cost $3.3428 on February 28. It jumped by 8.7% to $3.6344 on March 11. IMX dropped further, falling by 18.3% to $2.9691 by March 24.
Developments from the partnership include the integration of OKX’s wallet and NFT marketplace into Immutable’s (IMX) passport and orderbook. Bybit has already predicted rising demand for GameFi services in 2024.
Analysts say the new partnership would help Immutable (IMX) capitalize on Bybit’s prediction. It could further push IMX’s value up by 34.8% to $3.990. Immutable could also become one of the top crypto coins if it stays in the green zone.
Injective’s Token Launcher is Expected to Boost the Network’s Investor Interest in 2024
On March 18, 2024, Injective (INJ) announced the official launch of its TokenStation. The release would enable users to launch an Injective-native token in seconds. Furthermore, Injective (INJ) users would enjoy lower fees when launching tokens.
The news could increase developer activity on Injective as INJ bulls aim for a return to $40.00. INJ traded at $40.07 on February 27. It jumped by 7.0% to $42.89 on March 7. A week later, INJ rose by 11.7% to $47.95 on March 14 before falling by 23.8% to $36.49 on March 24.
Injective (INJ) could rise further due to its growing DeFi activity. On March 22, Injective (INJ) announced the upcoming launch of Samurai DEX. Analysts expect this trend to continue due to rising bullishness in the crypto market. If Injective’s network activity remains high, INJ could jump by 53.7% to $56.09. This could help INJ outperform other bullish altcoins.
