- Celestia (TIA) lost momentum despite high staking activity in January.
- Chainlink (LINK) also fell significantly amid price adjustments across the market.
- The NuggetRush (NUGX) presale saw nearly 167 million tokens sold.
Celestia has lost strength despite rising to an all-time high of $19.00 in January. The recent market-wide decline also affected Chainlink (LINK).
Investors are now turning to NuggetRush (NUGX) after raising over $2 million in a pre-sale. Mining adventure games include several ways to earn real money. But can NuggetRush (NUGX) join the top cryptocurrencies in the gaming industry? Let’s explore.
NuggetRush crosses traditional P2E boundaries with increased presales.
NuggetRush (NUGX) is the latest blockchain game to spark interest from P2E gamers and cryptocurrency investors around the world. The project will launch the first blockchain game that promises an immersive mining experience and real financial rewards.
NuggetRush (NUGX) centers around a realistic mining adventure where players use skilled miners and efficient machines to earn valuable monetary rewards. Gameplay involves building a mining team, recruiting better workers, surveying land, purchasing machinery, and completing mining missions.
Players can work together to enjoy a multiplayer experience, participate in mining partnerships and complete group tasks to earn additional NFT game rewards.
In addition to the enjoyable gaming experience of NuggetRush (NUGX), the project also offers exciting financial opportunities for players and investors. On the one hand, players can trade NFTs for real gold in the gaming marketplace. On the other hand, players can earn 20% APY by staking NuggetRush NFTs.
Additionally, NUGX tokens offer a high-value asset to cautious investors. The value of NUGX increased by 80% from $0.010 in the 1st pre-sale to $0.018 in the 5th pre-sale. About 167 million NUGX tokens have already been sold. The project’s blockchain ICO will end soon, and NUGX will be listed soon. However, many investors are happier with the price rising 11.1% to $0.020.
For more information about NUGX, visit the NuggetRush pre-sale website.
Celestia losses increase due to high staking activity
Celestia (TIA)’s bullish momentum has fallen slightly since November 2023, despite being one of the best altcoins on the market. After launching mainnet service on October 31, 2023, Celestia (TIA) entered a bull market that will last until the end of January 2024. .
However, Celestia’s price momentum has declined over the past week. TIA was trading at $13.98 on January 1st. Two weeks later, TIA rose 36.1% to $19.03 on January 15th. TIA rose 10.4% to $17.05 on January 27 after falling to $16.82 on January 21.
The decline in Celestia (TIA) surprised investors as network activity and coin staking remained high in January. Several investors have increased their staking of Celestia tokens as the new network offers airdrops to TIA stakers.
Despite the decline, analysts say Celestia (TIA) will bounce back with its recent partnerships with Polkadot and Arbitrum. These partnerships will increase Celestia’s network activity, allowing TIA to increase by 13.4% to $19.35.
Chainlink falls amid market-wide decline
December 2023 was a very optimistic month for altcoins like Chainlink (LINK). Interest in spot Bitcoin ETFs has been very high, leading to increased trading activity on Chainlink. Chainlink’s market capitalization increased from $4 billion to $9 billion from October to December 2023, according to data from CoinMarketCap.
However, Chainlink’s (LINK) bullish momentum declined significantly in January. LINK was sold at $15.54 on January 1st. On January 9, it was down 11.7% to $13.71. LINK fell 14.7% to $15.73 on January 17th, and fell 8.8% to $14.34 on January 27th.
Chainlink’s (LINK) decline coincided with the recent market downturn. Bitcoin fell below $40,000 in the third week of January, causing a decline in trading activity for many altcoins. As a result, Chainlink’s market capitalization decreased by $1.3 billion in January 2024. If Chainlink maintains its bearish trajectory, LINK could decline 16.0% to $12.04.