● Litecoin’s (LTC) transaction activity could rise due to the launch of a new privacy feature.
● Jupiter’s (JUP) “Workers Group” concept could spearhead rapid development on the network.
● NuggetRush (NUGX) underscores commitment to high-quality gaming with gold rewards and NFT staking opportunities.
Litecoin’s (LTC) new privacy feature will be available on BasicSwap. Network activity on Jupiter is rising amid new partnerships in 2024.
Still, investors are redirecting their attention to NuggetRush after it sold 187 million NUGX tokens in its presale. Very few new ICOs can match NuggetRush’s (NUGX) performance. Yet, will NUGX be a better pick than altcoins like LTC and JUP? Let’s talk about it.
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Litecoin Launches MimbleWimble on BasicSwap DEX
Litecoin’s (LTC) new privacy feature, MimbleWimble, will now be available on Basic Swap. The crypto community was filled with excitement when Litecoin announced the launch of MimbleWimble (MWEB). The functionality will improve privacy by withholding the addresses of transactions and their exact amount.
Excitement around the news could propel Litecoin (LTC) to the $80.00 range. LTC traded at $69.26 on January 15. It fell by 3.3% to $66.93 on February 4 before rising by 5.6% to $70.73 on February 18.
Analysts say increased privacy on Litecoin (LTC) will help boost its user count. Litecoin has already processed over 20 million transactions in the first two months of 2024. MWEB’s launch could significantly boost activity on Litecoin (LTC) as users can bring their private transactions to its network. This could push LTC’s value up by 11.0% to $78.54.
Furthermore, Litecoin could become one of the top altcoins if it rises further.
Jupiter Announces New Partnerships Amid Rising Acvity on its LaunchPads
On February 15, 2024, Jupiter (JUP) announced the integration of Sanctum’s Liquid staking tokens. The integration would allow Jupiter users to trade bonkSOL, DriftSOL, and many more. Furthermore, it would offer access to unified LST liquidity, thus providing better prices.
Jupiter’s new partnership could help JUP’s market recovery. JUP traded at $0.6578 on January 31. It fell by 26.9% to $0.4802 on February 13. JUP then recovered by 11.2% to $0.5340 on February 18.
Development activity on Jupiter (JUP) will skyrocket following the recent launch of its working groups. Jupiter Working Groups (JWGs) will facilitate DAO coordination while working to boost development.
Analysts say this could foster the growth of projects on Jupiter (JUP). Furthermore, they expect JUP to rise by 23.6% to $0.6604, possibly becoming one of the top crypto coins.
Analysts Predict Influx of Players into Ethereum’s Gaming Ecosystem Following NuggetRush’s Launch
The gaming landscape will change dramatically as NuggetRush (NUGX) nears its official launch date. NuggetRush features a virtual world with life-like mineral-rich landscapes. Gamers are supposed to take advantage of these natural resources by setting up efficient mining operations.
NuggetRush (NUGX) gives you the tools and mining workers needed for the careful excavation and sale of mineral resources on its marketplace. Your task is to collect NFT assets while managing a budget to meet set requirements. You can also sell workers and machinery to raise money to expand your operations.
Gaming rewards are available to players of all levels. Once you complete a mining challenge, you receive NFT assets and game funds. Selling these assets will allow you to turn game rewards into cash. You can stake these rewards for a fixed APY. This allows you to earn money without selling your NuggetRush (NUGX) holdings.
NuggetRush (NUGX) entered round five of its presale with excitement as round four token holders enjoyed a big increase. Now, NUGX trades at $0.018. However, NUGX will offer an 11.1% pump to its round five buyers when it rises to $0.020. Furthermore, its expansion potential has increased FOMO around the mining game.
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Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the viewsof Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2024/02/momentum-drops-on-litecoin-ltc-after-jupiter-jup-bounces-back-experts-say-nuggetrush-could-make-you-massive-profit