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- NuggetRush (NUGX), an ethereum-powered mining game, is gaining traction among investors.
- On December 2, 2023, Avalanche (AVAX) fell in Google searches before recovering. Despite institutional interest and positive announcements, a slight decline in prices was considered normal.
- On December 3, 2023, pseudonymous Cardano influencer “ADA Whale” shared ten personal crypto beliefs about site reliability engineering improving network capabilities.
This edition examines NuggetRush (NUGX), an ethereum-based mining game known for its rewards and nft features. Avalanche (AVAX) prices remain volatile amid growing institutional interest. Additionally, we delve into an analyst's observations about Cardano.
NuggetRush on the rise
NuggetRush is a new ethereum-based blockchain game focused on simulated mining operations.
In the game, players complete repetitive tasks related to collecting resources and expanding a virtual mining company.
The game rewards players with non-fungible tokens (NFTs) and in-game currency for reaching milestones.
Players can upgrade their NFTs to increase their value. There is also an nft marketplace within the game.
NUGX is the primary currency and governance token that enables essential functions. Demand for the token during its ongoing pre-sale has increased rapidly.
The pre-sale is in the third round, with NUGX available for $0.013.
In the upcoming fourth round, prices will rise to $0.015 before trading at $0.02.
Exploring the avalanche
On December 2, 2023, Google searches for Avalanche decreased to levels last seen on November 8 before gradually recovering.
Despite increased interest stemming from announcements from JP Morgan and other institutional investors, there was a slight decline in the price of AVAX.
While Avalanche's daily active addresses reached August highs on November 23, they fell to the average levels seen in October and November. Interestingly, the recovery of addresses with Avalanche balances above zero presents a positive outlook.
The recovery of active addresses by 30% contributed to supporting prices.
When Binance announced the maintenance of BNB smart chain wallets, AVAX whales moved funds. Some sought to capitalize on potential price drops to make profits.
On December 3, 2023, AVAX was trading at $21.77. Analysts expect AVAX to reach $24.15 by the end of 2023.
The Cardano report
On December 3, an influential Cardano advocate who posted under the username “ADA Whale” shared an extensive post detailing his views on ten key points.
According to ADA Whale, the assessments represent logical interpretations of recent events and developments related to Cardano.
In other news, Input Output Global (IOG), the lead Cardano developer, released Its latest report shows extensive progress in blockchain development and community engagement.
Highlights include improvements in network reliability and efficiency, improved point-to-point connectivity, and node improvements. These ongoing development efforts have impacted ADA pricing to some extent.
On December 3, ADA was trading at $0.3918. Based on the evolution of the Cardano ecosystem, analysts predict that ADA will reach $0.4255 by the end of 2023.
Visit the NuggetRush pre-sale website
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