Santiment on-chain data recently signaled notable bullish momentum for XRP (XRP). Meanwhile, ethereum Classic's (ETC) rollercoaster performance in Q4 2023 and its upcoming Spiral Hard Fork adds complexity to the crypto landscape.
Still, NuggetRush (NUGX) is emerging as a prominent altcoin, combining cryptocurrency, physical mining, and gold mining into a P2E nft gaming platform.
Will XRP (XRP) Bulls Gain Momentum? Santiment On-Chain Data Signals Optimism
On January 14, 2024, Santiment on-chain data showed a significant bullish bias towards XRP (XRP). bitcoin (btc) had its historic moment last week after the SEC approved its exchange-traded funds that have been pending for many years.
In that sense, sentiment towards large-cap assets remained optimistic, focusing on them following ETF approvals. On that note, traders have discussed the possibility of the XRP ETF being approved.
Santiment highlighted that XRP sentiment and discussion rates have risen to the highest levels since May 2023. That's when social discussions of XRP spiked weeks before the July 11 ruling, which stipulated that XRP was not a security.
Several notable figures in the crypto space have speculated on the possibility of the altcoin gaining ETF approval. Investors may be more willing to buy XRP for fear of missing out, but so far, this does not appear to have driven prices up.
At the time of writing, XRP is trading with a loss of 5% over the last 7 days.
Performance, Anticipation, and Concerns Surrounding the Rollercoaster ethereum Classic (ETC) Spiral Hard Fork in Q4 2023
ethereum Classic (ETC) performed well in Q4 2023, rising from $16.36 to $22.69 in December, an increase of 36.19%. However, ethereum Classic (ETC) fell to where it currently trades at around $25 on January 18.
The Spiral Hard Fork, which is expected to go live on January 31, 2024, increases the considerations for participants in this market. This update aims to improve compatibility and ensure technical improvements for ethereum Classic (ETC). However, experiences with hard forks in cryptocurrencies have caused uncertainties in the market.
Investors and traders will approach ETC with caution as the ethereum Classic transition requires participants, including those in cryptocurrency mining and exchanges, to update software to adopt these changes. Future market sentiment around ethereum Classic (ETC) could be influenced by potential challenges or uncertainties related to the upgrade.
But, after the recent approval of bitcoin ETFs, ethereum Classic (ETC) woke up. ethereum Classic (ETC) was trading at $27.03 on January 14, up 36.93% that week. It has since receded slightly, as mentioned above.
Unlock Adventure: NuggetRush (NUGX) Masters Blockchain Gaming with Innovative P2E and nft Integration
NuggetRush (NUGX) combines cryptocurrencies, physical-world artisanal mining, and gold mining into a play-to-earn (P2E) nft gaming platform. The integration of these elements rewards NuggetRush (NUGX) players with valuable in-game items and creates an exciting gaming experience.
Since it is a community-driven blockchain game, NuggetRush (NUGX) attempts to allow users to generate passive wealth. The game establishes a mining network and challenges players to operate successful mining businesses while enjoying rewards.
NuggetRush (NUGX) allows players to start with a small amount of terrain and simple equipment. They must navigate the digital space in search of collectibles that are offered as financial rewards.
In addition to the earning potential, NuggetRush (NUGX) allows players to experience a realistic and fun gaming adventure. It combines the experience of physical mining with the discovery of strategic lands, thinking and the fun of collaborating on mining tasks with other players.
NuggetRush (NUGX) players make money by trading in-game collectibles like character NFTs and RUSHGEM on their marketplace. Notably, NuggetRush has recorded massive success, selling over 155 million NUGX tokens and raising over $1.8 million.
Currently, NuggetRush (NUGX) has almost completed the fourth round of its pre-sale, valued at $0.015. Round 5 is approaching and the token will increase to $0.018, assuming the round is successful.
Visit the NuggetRush pre-sale website
Disclaimer: The above article is sponsored content; It is written by a third party. CryptoPotato does not endorse and assumes no responsibility for the content, advertising, products, quality, accuracy or other materials on this page. Nothing contained herein should be construed as financial advice. Readers are strongly advised to independently and carefully verify the information before participating in any company or project mentioned and to conduct their own research. Investing in cryptocurrency carries a risk of loss of capital, and readers are also advised to consult a professional before making any decisions that may or may not be based on the sponsored content above.
Readers are also advised to read CryptoPotato's full disclaimer.
Binance Free $100 (Exclusive): Use this link to sign up and receive $100 free and 10% off fees on Binance Futures for the first month (terms).
<!– ai CONTENT END 1 –>