Saturday, 25 May 2024

Crypto News

Shiba Inu burns 774M SHIB, Solana bearish despite congestion fix, NuggetRush introduces NFTs

332 Billion $SHIB Hit Robinhood Exchange Just Before Major Dump; $GFOX Closes In On $5 Million

  • Solana’s price has plunged 21.8% in the last seven days despite fixing its recent network congestion issues.
  • The Shiba Inu community has burnt over 774 million tokens in the past week.
  • NuggetRush’s crypto mining game integrates NFTs with blockchain gaming.

Despite a 21.8% price drop over the last week, investors remain hopeful that the new update will resolve network congestion on the Solana network. The update is expected to bring a positive turnaround in the market for SOL.

At the same time, the Shiba Inu community has burned over 774 million tokens in just one week. NuggetRush, meanwhile, has integrated some of the best NFTs into their new crypto mining game. The target is to offer its users a real-world gaming experience.

NuggetRush (NUGX) raises excitement in the gaming space with NFTs

NuggetRush (NUGX) is building a platform where players can assemble the best mining team to explore and mine precious minerals like gold, silver, and diamond. The platform has trending NFTs, which have different users on its gaming platform.

Firstly, these NFTs serve as the characters of players and give them unique abilities. These unique abilities – speed, mining knowledge, and lots more add fun to the game, making it interesting. In addition to the NFTs acting as characters, there are some rare NFTs called RUSHGEMs.

Fans have described them as the coolest NFTs, as they can be exchanged for real gold, making them one of the most searched NFTs in the game. Lastly, NFTs can be staked to receive a passive income of up to 20% APY. The amount earned as passive income will depend on the amount of stake and the duration of the stake.

Whichever is the case, NuggetRush’s NFTs are being hailed by some as the best NFTs to invest in. The NuggetRush airdrop for its NUGX token is less than a week from now, and investors are excited. The NUGX token, which will be listed at $0.020, could rise 50x after its listing this quarter, according to some chartists.

Solana (SOL) price drops to lows at $120

Solana (SOL) price has been on a steep decline in the past week, dropping 21.8% to $124.69. The “Ethereum killer” was greatly affected by the latest bear market and issues of failed transactions on its network. Meanwhile, Anza, the development team behind Solana, has launched a new update, v1.17.31, to solve the issue of network congestion.

While this is not a…

Click Here to Read the Full Original Article at CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison…