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Moments after the US bitcoin spot ETF was approved, prices plummeted. Meanwhile, Lookonchain data shows increased whale activity for Chainlink (LINK). Amid this, more investors are exploring NuggetRush (NUGX). More than 161 million NUGX have been sold so far.
bitcoin demand falls
On January 11, the US Securities and Exchange Commission (SEC) approved several bitcoin spot ETFs.
However, according to market research firm CryptoQuant, demand for btc appears to be declining.
As a result, prices fell to $39,500. Part of this decline was due to profit taking.
NuggetRush Hardening
The NuggetRush pre-sale has sold over 161 million NUGX.
NuggetRush is a blockchain game using NFTs in which players compete in mining tasks for financial rewards.
It imitates the daily routine of an artisanal miner and operates within a blockchain environment.
Players gather their mining equipment and gadgets to expand their mining operations.
The amount of gold and valuable minerals they mine determines their rewards.
At the current stage, NUGX is available for $0.018.
Whales exploring Chainlink
According to Lookonchain data, a whale address recently purchased 601,900 LINK worth $8.9 million.
LINK was purchased at an average price of $14.80. However, prices later rose to $15.90.
Final thoughts
Investors are worried about the recent decline in bitcoin. In the midst of this, Chainlink and NuggetRush are standing strong. Investors are increasingly looking at NUGX and diversifying their portfolios.
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