Cosmos Hub Rejects Proposal 868, XRP Onchain Metrics Points At Price Recovery, NuggetRush Revolutionizes P2E Gaming

TLDR:

  • NuggetRush is a play-to-earn mining game that has lots of earning opportunities.
  • The Cosmos community has voted against a proposal to reduce ATOM’s minimum inflation rate from 7% to 0%.
  • Ripple on-chain metrics are showing signs of a potential price recovery.

Significantly, the Cosmos community voted against lowering ATOM’s minimum inflation rate from 7% to 0%. Ripple’s on-chain indicators, meanwhile, indicate that a price rebound may be possible. In other developments, NuggetRush has emerged as the best ICO of 2024. This is a mining game that you may play for free and make a lot of money.

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NuggetRush (NUGX) To Revolutionize the P2E Gaming Sector

NuggetRush (NUGX) is making waves in the gaming world as one of the coolest NFT games. It is all about mining, with fun NFT characters, lands full of minerals, and the chance to find gold. Playing NuggetRush means taking on mining challenges to win great prizes. 

You will need a strong team of miners and the right equipment to do well. Everything from employees to equipment and exclusive gaming stuff may be found in the game store. Running many mining operations to increase your returns is a wise decision.

Those who are new to mining or new to coming here can benefit greatly from teaming up with other gamers to increase their earnings. Collaborating with others enables you to accomplish tasks more quickly. The RUSHGEM NFTs are among NuggetRush’s greatest rewards.

You can trade these for actual gold in the game’s market if you find them. With 162 million NUGX tokens already sold, NuggetRush is on track to become the best cryptocurrency in the NFT space. The NUGX token is now priced at $0.018, jumping up 80% from its initial price.

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Cosmos (ATOM) Hub Rejects Proposal To Make ATOM’s Minimum Inflation Zero

The Cosmos (ATOM) community voted against proposal 868, which would have reduced the minimum inflation parameter from 7% to 0% if over two-thirds of the ATOM supply was bonded on the network. Not many supported this idea.

The proposal mentioned potential benefits, such as lowering the inflation rate if total bonded tokens rise. However, the community raised worries about the Hub’s security.

In other news, Cosmos crypto has been trading between $8.85 and $10.52 in the past week. The token has been fighting bearish pressure and could rise if market conditions improve.

Ripple (XRP) Looming At Potential 20% Price Surge

On-chain metrics for Ripple (XRP) are pointing at a possible price recovery in the coming days. Whale transactions valued at $100,000 or more fell to 720 on January 22nd from 1,332 on January 3rd. 

There is a decline in whales shedding Ripple after loss. Moreover, altcoin development activity was at a six-month low on January 17th and then started growing. The possibility of Ripple’s price recovery also increases with development activity.

With bulls defending the $0.5000, a rally could erupt soon. However, as the price of XRP rallies, it is expected to find resistance at $0.5930, $0.6183, and $0.6474, respectively. 

Final Thoughts

As the crypto community approaches the Bitcoin halving, experts expect a major bullish move. They expect the halving to start a Bitcoin rally as the SEC decision on Bitcoin ETF failed to achieve that.

While many wait, savvy investors already prepare theirs with NuggetRush presale tokens. Although a presale token, NuggetRush has made the crypto community notice its features. It has already sold over 162 million tokens and it will be launching in Q1. Hop on the train to avoid missing out.

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Source: https://www.cryptopolitan.com/cosmos-hub-rejects-proposal-868-xrp-onchain-metrics-points-at-price-recovery-nuggetrush-revolutionizes-p2e-gaming/