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Ripple aims to increase its licenses with the purchase of Standard Custody, as Polkadot and NuggetRush ICO experience significant price increases.
Ripple wants to expand its regulatory licenses by acquiring Standard Custody and Trust Company. Meanwhile, Polkadot is up 13.6% in the last week, while NuggetRush has seen an 80% increase in price since the start of its crypto ICO.
NuggetRush (NUGX) among HODL coins
NuggetRush (NUGX) is an nft gaming project where players immerse themselves in a virtual world to mine valuable minerals. In this game, players start from scratch, gradually mastering mining skills until they are ready to start their first mining business.
Players who accumulate resources expand their mining businesses by purchasing new equipment. NuggetRush's play-to-earn (P2E) games allow players to profit from games, and in-game NFTs can be traded for real money.
This feature positions it as one of the most prominent defi projects to earn free tokens. The game also features trending NFTs called RUSHGEM, which players can discover and exchange for real gold.
The NuggetRush blockchain ICO is in its final phase. The pre-sale has already made its mark, with over 182 million NUGX tokens sold, indicating widespread interest in the cryptosphere.
With the NUGX token currently at $0.018, up 80% from its initial price, NuggetRush is gearing up for its launch and plans to list NUGX at a defi coin price of $0.020. This makes it an opportune time to get involved in the project.
Ripple to boost regulatory compliance with new acquisition
Ripple (XRP) plans to purchase Standard Custody and Trust Company, a company known for its expertise in digital asset services. This is part of the company's goal to expand its regulatory licenses.
In response to the news, Ripple CEO Brad Garlinghouse shared some of Ripple's achievements. According to him, Ripple obtained almost 40 money transfer licenses in the US, a VASP registration with the Central Bank of Ireland and an MPI license from the Monetary Authority of Singapore (MAS).
The latest move would help promote digital assets around the world. Currently, Ripple's XRP token is trading in the price region of $0.4995 – $0.5351. The price of altcoins has seen little gains, thanks to the bullish momentum in the cryptocurrency market.
However, Ripple remains bearish at higher price levels. Top analysts like Dark Defender and Egrag crypto believe that the Ripple coin could post further gains in the coming months.
Polkadot (DOT) Bulls Try to Recover Prices
DOT, the native token of the Polkadot blockchain, is trading 86.19% below its ATH of $55.00. Although the bulls have tried to recover the price, the highest price the Polkadot coin has reached in the last year is $9.58.
While Polkadot appears bearish on broader timeframes, it is bullish on weekly and monthly timeframes. According to CoinMarketCap, Polkadot is trading in the price range of $6.70 to $7.60, up 4.7% on the weekly price chart.
Polkadot is trading mostly at the SMAs and EMAs, a sign that bulls have returned to the market in the past week. On monthly timeframes, Polkadot has only seen 1.6% gains. The token's resistance levels are at $7.49, $7.77, and $8.00. Analysts have forecast a potential rise to $9.10 in the coming months.
Conclusion
The cryptocurrency market is regaining momentum. Altcoins like Polkadot and Ripple are among those tokens that have seen price increases. However, top analysts and cryptocurrency heavyweights support major ICOs like NuggetRush.
According to them, NuggetRush's upcoming money-making gaming platform will attract a lot of attention. This attraction could increase the price of its native token in the long term.
Visit the NuggetRush pre-sale website
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