TLDR
- Ethena (ENA) has upgraded its staking mechanism.
- Bitcoin Cash’s (BCH) network growth is expected to soar due to excitement around its recently concluded halving event.
- NuggetRush’s (NUGX) growth rekindles investor interest in the gaming industry.
Ethena’s (ENA) DeFi activity will rise in Q2 2024. Bitcoin Cash (BCH) could soar due to the ongoing market recovery.
NuggetRush’s (NUGX) mining game offers wealth-building opportunities to investors for participating in its adventure gaming. The project has become one of the most popular NFT games after selling over 270 million presale tokens. Yet, can NUGX outclass other crypto investments? Let’s discuss.
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Ethena Announces an Increase of its Staking Rewards
Excitement is growing over Ethena’s (ENA) Season 2 launch. According to Ethena Labs, Season 2 will align $ENA’s growth with USDe. It will also bring a 50% increase in rewards for stakers on Ethena (ENA).
The news comes amid Ethena’s (ENA) April price surge. ENA traded at $0.7838 on April 2. It rose by 38.91% to $1.0888 on April 6 before increasing by 19.06% to $1.2964 on April 8.
Analysts say increased staking rewards will boost DeFi activity on Ethena (ENA). This would also boost investor interest in Ethena (ENA) following the surging volume of USDe. Analysts say increased staking activity could also boost demand for ENA, pushing its value up by 15.7% to $1.5004.
Bitcoin Cash’s Bulls Eye a Post-Halving Increase
Bitcoin Cash (BCH) has dominated many news sites in recent days after the completion of its long-anticipated block reward halving. On April 4, 2024, Bitcoin Cash slashed its block rewards to 3.125 BCH. A few weeks before, 230,000 new investors had joined the Bitcoin Cash (BCH) network amid its surging demand.
Bitcoin Cash’s BCH token traded at $442.52 on March 13. It rose by 21.98% to $539.79 on March 11. BCH climbed by 10.15% to $594.63 on April 3 before soaring by 14.46% to $680.66 on April 8.
Bitcoin Cash (BCH) could rally further due to excitement around Bitcoin forks. BTC’s recent return to $70,000 in April has boosted demand for many top altcoins. Many analysts expect Bitcoin Cash (BCH) to capitalize on this demand due to excitement around its upcoming network upgrade. They say this could push BCH’s value up by 5.83% to $720.36.
NuggetRush Lifts the Title for Most In-demand Gaming Network after Selling over 270 million Tokens
NuggetRush (NUGX) has reached unexpected heights in its recent presale, boosting investor confidence in Bybit’s prediction of increased demand for gaming tokens. Ethereum’s gaming ecosystem is expansive. Yet, NuggetRush (NUGX) stands out for a range of excitement-packed 3D mining adventures. The game features an opportunity to explore artisanal mining while indulging in your wealth-building desires.
NuggetRush (NUGX) helps gamers enjoy artisanal mining while supporting such communities in many countries. As you complete mining challenges, digging and excavating mineral resources, you sell them on the game’s high-value marketplace. NuggetRush rewards gamers with NFTs, rare gems, and funds. Furthermore, some of the proceeds from gaming rewards are donated to artisanal mining communities around the globe.
NuggetRush’s (NUGX) current design also promotes community gaming. The game’s creators will relinquish its smart contracts to community members. This will allow the community to decide the game’s future. Furthermore, it also offers a VIP community with exclusive benefits that include voting rights and access to private areas within the NuggetRush’s (NUGX) landscape.
It includes NFT staking in its earning avenues, allowing players to earn up to 20% APY for locking up their assets. NuggetRush’s blockchain ICO caused a market storm, selling over 270 million tokens.
Over $3.75 million was also raised from token sales, showing NuggetRush’s (NUGX) high financial viability. Some investors earned 100% interest as NUGX’s value rose to $0.020. It will keep soaring after getting listed on decentralized exchanges. This could make it one of the top crypto coins.
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