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- NuggetRush (NUGX) integrates impact gaming into its model.
- Solana (SOL) is under pressure, falling 7% in the last three days.
- The Cosmos Hub rejected proposal 868.
Nugget RushNUGX), Solana (SOL) and Cosmos (ATOM) are being monitored. Each project offers unique features and developments.
NuggetRush plans to reshape GameFi using NFTs
NuggetRush offers an innovative model that incorporates impact play.
It seeks to provide a unique gaming experience by offering NFTs that function as game characters in its metaverse.
Additionally, it supports artisanal miners in developing countries through its mining ecosystem.
Players can begin their adventure with minimal resources and explore the available mines in search of treasures of real value.
NuggetRush also rewards players who participate in its staking protocol, allowing them to stake their assets and earn up to 20% APY.
Rush Guild members have governance rights and access to bonuses, discounts and rewards.
The NuggetRush pre-sale is in round 5, raising over $2 million and selling over 162 million NUGX.
NUGX will trade on crypto exchanges at $0.020.
Solana's nft ecosystem is booming
According to CryptoSlam, the Solana nft ecosystem is booming.
SOL is under pressure, falling 7% in the last three days.
This drop is likely due to bitcoin (btc)'s recent drop below $39,000, which negatively affects most altcoins, including SOL.
The launch of spot bitcoin ETFs in the US was followed by a price drop.
Since January 19, 2024, open interest has been falling.
On January 24, Solana was trading at $83.20, down 15.17% from last week.
Analysts predict Solana could drop to $78.25 by the end of the month.
Cosmos: community dialogue in the face of proposal rejection
Proposal 868, which aims to reduce the minimum inflation parameter from 7% to 0% if more than 67% of ATOM were pegged, was recently rejected by the Cosmos Hub.
The intention was to minimize the devaluation of ATOM and maintain the value of the rewards.
The decision has paved the way for continued dialogue in the Cosmos community.
ATOM remains under pressure. On January 24, the currency was trading at $9.21, down 10.48% from last week.
Still, analysts predict ATOM will reach $9.65 by the end of January.