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Uniswap V4 is scheduled to launch in Q3, Ripple sees 218 million XRP bought by whales and NuggetRush ICO sells 184 million tokens.
The Uniswap Foundation has announced that the long-awaited version 4 of the decentralized exchange (DEX) will likely launch in the third quarter. As a result, whales stepped up their acquisition of XRP.
Another defi coin that has been highly sought after by crypto whales is NuggetRush (NUGX). Over 184 million NUGX tokens have been acquired in recent weeks as the project launch nears. Learn more about the latest developments below.
NuggetRush sells over 184 million tokens as launch nears
During the last weeks, NuggetRush (NUGX) It has been one of the most sought after new defi projects by crypto whales. In just a few weeks of its cryptocurrency ICO, over 184 million NUGX tokens have been acquired by investors eagerly anticipating the launch of this gamefi startup.
NuggetRush will offer a hyper-realistic money-making game inspired by the historic gold rush. Players must build and run virtual mining operations within the game, recruit staff, and purchase the appropriate equipment to pan for gold. The game is awesome as players can sell mined gold for real gold, cash, or NUGX.
In addition to games, the project aims to introduce tokenized collectibles and a community-driven nft marketplace. These are some of the best NFTs to buy. For example, the RUSHGEM nft collection has real-world value because it can be exchanged for real gold.
The income opportunity that NuggetRush presents has made NUGX one of the best prospects in the cryptocurrency market. NUGX price has already increased by 80% to trade at $0.018 per coin. However, as the launch approaches, some analysts have predicted gains of up to 50x for NUGX.
Wave Whales Start Massive Acquisition Spree
Ripple (XRP) is one of the major altcoins that has so far underperformed in the cryptocurrency market. However, as market sentiment has increased in recent weeks, whales seem to believe that a major price rally could soon occur.
On-chain metrics show that whales have been on an accumulation spree, acquiring massive amounts of Ripple coins. Two important transactions stand out. They are:
- TO new address He has purchased 218 million XRP in less than two weeks.
- bitcoin trader medical benefit has purchased 888,353 XRP, worth more than $500,000.
according to a feelings chart, XRP accumulation usually follows a price increase. With increasing whale accumulation, the price of XRP could rise in the coming weeks, making it one of the top cryptocurrencies to buy.
Uniswap Announces Upgrade and V4 Release
The launch of Uniswap V4 has been one of the most anticipated events for DEX in recent months. Now that the ethereum Dencun upgrade release date has been confirmed to be in March, the Uniswap Foundation has provided an update for the V4 release.
in a x publicationthe Uniswap Foundation stated that the launch will likely occur in the third quarter of 2024. “Hooks” will be introduced in Uniswap V4 to allow for various use cases and dynamic modifications, which could lead to cheaper user fees.
The Uniswap coin has reacted positively to the launch, rising 18% on the weekly chart to trade above $7.50 for the first time since early January.
Final thoughts
Recent developments around Uniswap, Ripple, and NuggetRush highlight the growing bullish sentiment in the crypto space. Although it looks like these altcoins will make gains in the coming weeks, NuggetRush has attracted the most bullish attention, making it a great buy for any investor.
Visit the NuggetRush pre-sale website
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