Cardano

Momentum

<h2 class="wp-block-heading" id="tldr">TLDR</h2> 
<ul> 
 <li>BNB’s token burn could help propel its current rally.</li> 
 <li>Cardano holders expect a continuation of its recent rally.</li> 
 <li><strong>NuggetRush’s (NUGX)</strong> presale has sold nearly 159 million tokens.</li> 
</ul> 
<p>BNB <strong>underwent a significant token</strong> burn in early January. Cardano (ADA) could rise further after ending 2023 on a bullish note.</p> 
<p>All attention is now shifting to <a href="https://nuggetrush.io?utm_source=PR&amp;utm_medium=website&amp;utm_campaign=cap&amp;utm_content=148" target="_blank" rel="nofollow"><strong>NuggetRush (NUGX)</strong></a> after it unveiled <strong>NFT staking opportunities and gold rewards</strong>. Over 159 million <strong>NUGX</strong> tokens have been sold. Yet, can it outperform <strong>top crypto coins</strong> like BNB and ADA? Let’s hear from <strong>NUGX’s</strong> backers.</p> 
<p><a href="https://nuggetrush.io?utm_source=PR&amp;utm_medium=website&amp;utm_campaign=cap&amp;utm_content=148" target="_blank" rel="nofollow">&gt;&gt; Buy NuggetRush Now &lt;&lt;</a></p> 
<h2 class="wp-block-heading" id="bnb-burns-2-14-million-tokens">BNB Burns 2.14 Million Tokens</h2> 
<p>On January 17, 2024, Binance <strong>burned 2.14 million BNB coins </strong>as part of its quarterly token incineration. The move followed Binance’s plan to routinely reduce BNB’s token supply. Furthermore, it could boost BNB’s recovery from its slight January drop.</p> 
<p>BNB traded at $228.10 on December 3. Four weeks later, BNB <strong>jumped by 41.8%</strong> to $323.60 as of January 4. BNB’s bullish momentum fell, pushing the token down by 2.5% to $315.23 as of January 16.</p> 
<p>BNB’s jump to the $300 range surprised many investors as Binance exchange faced <strong>regulatory issues</strong> in Q4 2023. Binance’s issues had hit a crescendo, leading to a lawsuit by the Securities and Exchange Commission (SEC). Still, analysts say BNB could <strong>jump by 6%</strong> to $334.15 if its bullish momentum continues. If BNB rises further, it could be one of the <strong>best cryptocurrency</strong> options to buy.</p> 
<h2 class="wp-block-heading" id="nuggetrush-s-presale-raises-1-8-million">NuggetRush’s Presale Raises $1.8 Million</h2> 
<p><a href="https://nuggetrush.io?utm_source=PR&amp;utm_medium=website&amp;utm_campaign=cap&amp;utm_content=148" target="_blank" rel="nofollow"><strong>NuggetRush</strong> i</a>s an <strong>Ethereum-based meme ecosystem</strong> that offers a unique mining experience with gold and NFT rewards. The blockchain game offers competitive mining challenges that allow gamers to build wealth by <strong>establishing business operations</strong>. Your role on <strong>NuggetRush</strong> <strong>(NUGX)</strong> is to build a mining corporation while selling valuable mineral resources on its marketplace.</p> 
<p><strong>NuggetRush (NUGX)</strong> will give you <strong>various NFT gaming characters</strong> featuring expert miners and entrepreneurs. Your job is to equip these workers and set up a mining business. After excavating and refining resources, you sell them on the game’s marketplace. Rewards that follow the successful completion of tasks include more <strong>NFT workers and mining machinery</strong>.</p>  
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<p>There are various ways to reap value from gaming on <strong>NuggetRush (NUGX)</strong>. You can trade your game collectibles among other players. <strong>NuggetRush</strong> also allows you to stake your NFTs and <strong>earn up to 20% APY,</strong> depending on the lock-up period. You might also win RUSHGEM NFTs, which represent real gold rewards.&nbsp;</p> 
<p>Furthermore, you can get your gold rewards from <strong>NuggetRush (NUGX)</strong> <strong>at your preferred location</strong>. <strong>NuggetRush</strong> is in round five of its presale. Yet, its <strong>blockchain ICO</strong> has<strong> sold 159 million tokens</strong> to eager investors. <strong>NUGX’s</strong> value is now $0.018. Since <strong>NUGX’s</strong> presale kicked off, it has <strong>grown by 80%</strong> to its current value!</p> 
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<h2 class="wp-block-heading" id="cardano-s-remains-bullish-despite-slight-decline">Cardano’s Remains Bullish Despite Slight Decline&nbsp;</h2> 
<p>Despite falling in the past week, Cardano (ADA) <strong>remains on a bullish trajectory</strong> since early November 2023. Altcoins rallied in late 2023 following excitement around coming approvals of spot Bitcoin ETFs. Reports from CoinMarketCap showed that Cardano’s (ADA) market capitalization had <strong>grown by $8 billion</strong> since the first day of November.</p> 
<p>ADA traded at $0.3978 on December 2. A month later, ADA <strong>jumped by 56.6%</strong> to $0.6231 as of January 1. ADA’s <strong>bullish momentum fell slightly</strong>, pushing the token down by 14.0% to $0.5357 as of January 16.</p> 
<p>Cardano (ADA) holders <strong>say its rally will continue </strong>following expectations that DeFi activity will rise soon. Analysts have predicted an uptick in trading activity in the NFT market, thus boosting demand for <a class="wpil_keyword_link" href="https://captainaltcoin.com/cardano-ada-price-prediction/" title="Cardano" data-wpil-keyword-link="linked" target="_blank">Cardano</a> NFTs.&nbsp;</p> 
<p>Furthermore, Cardano (ADA) could also capitalize on excitement around the SEC’s <strong>recent approval of spot Bitcoin ETFs</strong>. This could push Cardano’s ADA token <strong>up by 33.7%</strong> to $0.7167.</p> 
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<p><em>Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.</em></p> 
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<p>The post <a href="https://captainaltcoin.com/as-bnb-stabilizes-nuggetrush-and-cardano-gain-momentum/">As BNB Stabilizes, NuggetRush and Cardano Gain Momentum</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

As BNB Stabilizes, NuggetRush and Cardano Gain Momentum

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