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- ethereum successfully deployed the Dencun upgrade on the Goerli testnet.
- Ripple's transfer of 80 million XRP tokens creates uncertainty in cryptocurrencies.
- NuggetRush (NUGX) combines concepts of gaming, blockchain, and playing to earn money.
Reports suggest that investors are showing strong interest in NuggetRush (NUGX). This follows the activation of Dencun on the ethereum (eth) testnet. Meanwhile, XRP is under pressure due to whale transactions and regulatory scrutiny.
ethereum prepares for Dencun
On January 17, 2024, the Dencun update was successfully deployed to the Goerli testnet.
This update was initially scheduled for 2023, but was postponed to the first quarter of 2024 due to failed update tests.
Dencun is expected to improve ethereum's scalability and go live on the mainnet if everything goes as planned.
ethereum has been recording a steady increase in the number of new addresses created daily and a steady drop in its supply on crypto exchanges.
Over the last week, almost 90,000 new addresses were added daily.
On January 18, 2024, eth was trading at $2,525.62, down 0.06% from last week.
Analysts believe that eth is consolidating and may rise to $2,615.75 by the end of January.
XRP Uncertainty
On January 17, 2024, a transfer of 80 million XRP worth almost $46 million was a cause for concern.
According to Whale Alert, some tokens were recently transferred to an undisclosed XRP wallet, raising suspicions about the purpose of the transfer.
This move occurred at the same time as another large whale transaction, where 25.7 million XRP was sent to the Bitstamp exchange.
Ripple now owns 46.34 million XRP after the transfer.
The future of XRP remains uncertain amid whale transactions and the presence of the SEC.
The current combination of market dynamics and regulatory scrutiny has made XRP's journey more complex.
On January 18, 2024, XRP was trading at $0.5696, down 6.44% from last week.
Analysts predict that XRP will fall to close January at $0.5350.
NuggetRush Multi-Sector Plans
NuggetRush combines gaming, blockchain technology, play-to-earn (P2E) concepts, and cryptocurrencies to create a fun and rewarding digital space.
It also collaborates with gold traders, allowing direct delivery of RUSHGEM profits to players.
Additionally, the platform plans to launch an nft marketplace where players can trade and customize their avatar NFTs.
In round 5 of its pre-sale, NUGX is available for $0.018. The token will trade at $0.020 when the crowdfunding event ends.
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