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TLDR
- Celestia struggles to regain bullish momentum.
- The SEC is asking the court to grant them access to XRP’s financials.
- After a highly popular presale, NuggetRush (NUGX) is now nearing its awaited token listing.
Celestia’s (TIA) bull run has waned as the market approaches the fourth week of 2024. XRP could submit its financial books following a motion filed by the SEC.
Crypto enthusiasts are now pointing toward NuggetRush (NUGX) as a project with multiple real-world utilities. Furthermore, its gold rewards have won many hearts in the P2E sector. Yet, will these be enough to make NUGX one of the top crypto coins? Let’s hear from NUGX holders.
NuggetRush: Dive into the world of Blockchain Gaming and Win Real Gold
NuggetRush (NUGX) is an NFT gaming experience with adventurous quests, community participation benefits, and gold rewards. It features several wealth-building dynamics neatly woven into a blockchain gaming experience. At the base of NuggetRush (NUGX) is a 3D adventure that best celebrates the day-to-day lives of artisanal miners.
You can become a successful artisanal miner with multiple digging operations and high-value NFT rewards, thanks to NuggetRush (NUGX). All you need to do is collect mining resources from the game and establish your own profitable operations. This involves assembling a workforce comprising NFT characters in the game. You should select these characters based on what they bring to your team.
Some NFT characters possess mining skills, while others possess business management experience. Finding the right balance and building efficient mining operations is one of the key parts of NuggetRush’s gaming challenges. One of the features of NuggetRush is the ability to work with other players in group competitions. Such challenges are great ways for beginner players to move up the game’s leaderboard.
NuggetRush could become a market leader, outclassing the most popular NFT projects thanks to its high-value rewards. It has already sold 163 million tokens by the latter stages of its presale. NUGX sells at $0.018 by the fifth round of its presale.
Now, investors are gearing up for its formal exchange listing as its price will rise by 11.1% to $0.020. Analysts agree that NUGX has the potential to become one of the main altcoins in the gaming industry.
Celestia Loses Bullish Momentum Despite Rising to an All-time High
Celestia (TIA) has fallen to the red zone despite hitting a new all-time high in January 2024. Following the market-wide correction, Celestia fell from the $19.00 range it reached in mid-January. Celestia (TIA) had remained bullish since early December following excitement around spot Bitcoin ETFs.
TIA cost $13.98 on January 1. It jumped by 16.3% to $16.26 on January 10. TIA rose by 17.0% to $19.03 on January 15. A week later, Celestia’s TIA had fallen by 13.6% to $16.43 by January 23.
Celestia holders pin its decline on falling investor sentiment that followed Bitcoin’s drop. They say the market could recover if Bitcoin’s network activity increases. Furthermore, they expect Celestia’s (TIA) partnership with Polkadot to boost its network activity.
Staking of Celestia (TIA) tokens is also high, so analysts conclude that rising network activity could push TIA up by 15.2% to $18.93.
SEC Files Motion to Compel Ripple to Hand Over XRP’s Financial Books
The ongoing legal tussle between the Securities and Exchange Commission (SEC) and XRP’s Ripple Labs has taken a new dimension. On January 23, 2024, the SEC filed a motion compelling Ripple Labs to provide XRP’s additional financial statements for two years. It also asked for a detailed report on proceeds from institutional XRP sales.
The SEC’s motion comes amid XRP’s slow performance in early 2024. XRP sold at $0.6254 on January 1. It fell 8.8% to $0.5703 on January 12 before falling by 9.2% to $0.5177 on January 23.
XRP’s continued legal tussles have slowed its growth momentum since mid-2023. Now, the case is in the remedies-related discovery phase. This area deals with selling XRP to institutional investors.
In July 2023, a judge ruled that XRP could be considered a security when sold to institutional investors. Analysts say XRP could fall by 10.9% to $0.4608 if the case goes in the SEC’s favour. Such bearish predictions means XRP is not a good crypto to buy now.
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