TLDR:
- PSG has become the first football club to become a protocol validator on the Chiliz network.
- Whales have moved 59 million XRP to exchanges.
- NuggetRush NFT staking gives investors 20% APY.
PSG has become the first football club to be a protocol validator on the Chiliz network. Whales have moved 59 million XRP to exchanges in the interim, although it’s unclear why.
Through its NFT staking scheme, NuggetRush intends to provide investors with an alluring 20% APY in the meantime. For individuals searching for alternate kinds of income, this makes it the best cryptocurrency to buy for the 2024 bull market.
NuggetRush (NUGX) NFT Staking Feature
NuggetRush (NUGX) is currently hailed as the best ICO in the market, with its NUGX token priced at $0.018. Market experts predict a 50x surge in its value after launch, creating FOMO among investors who have already bought over 190 million NUGX tokens.
NuggetRush is a game that would be both entertaining and rewarding for the players with a play-to-earn model. The game is located in a virtual mining planet where players are motivated to scout, extract valuable minerals and take part in tournaments to make money.
Players can improve their chances of profit by expanding their mining activities by purchasing upgraded equipment or by getting into partnerships with other miners. Alternatively, there is a proposal to devote some of the project income to paying holders in stablecoins for NFT staking up to a 20% APY.
However, it is exclusive to those who invest in and HODL NUGX tokens. With its combination of immersive gaming, competitive rewards, and financial incentives, NuggetRush is poised as the best new crypto to buy, offering users a mix of entertainment and earning opportunities.
Whales Move 59 million XRP To CEXes
Ripple (XRP) has experienced increased whale transactions in the past week. Blockchain tracker Whale Alert revealed that XRP whales moved almost 59 million XRP to centralized exchanges in two transactions.
Bitstamp received 26.5 million XRP in the first transaction. In the second transaction, Bitso received 28.35 million XRP.
On the weekly price chart, the Ripple coin is now losing money. The altcoin price fell 6.1% from a weekly high of $0.5736 to a low of $0.5329, according to data from CoinMarketCap.
Despite this, bulls are still active at longer timescales, as the monthly and annual price charts for Ripple indicate price surges of 3.5% and 35.3%, respectively.
PSG To Become Validator on Chiliz (CHZ) Network
PSG (Paris Saint-Germain) has set a record of becoming the first football club to take up the role of a validator on the Chiliz (CHZ) network. The club will certainly provide support in the operation of the Chiliz Chain, maintaining the security, safety, and effectiveness of the network, interacting directly with the consensus procedure.
With this move, PSG’s position in the digital ecosystem is expanded; instead of only issuing tokens, it will now actively participate in the network and make choices. With this action, PSG is demonstrating its dedication to leveraging web3 technologies for fan interaction and digital innovation.
In other news, after the announcement, the Chiliz token experienced a 29.5% price pump. The token’s price increased to a peak of $0.1319 from a weekly low of $0.1084.
With this bullish momentum, Chiliz has joined the best-performing altcoins in the past week. Analysts are forecasting more gains in the coming months and have predicted a likely rise to $0.1535 in the next trading sessions.
Final Words
In conclusion, the crypto market has witnessed exciting developments, with PSG becoming a validator on Chiliz and whales moving XRP coins.
Also, NuggetRush is offering investors a chance to increase their earning opportunities through its NFT staking program. This staking program makes it the best DeFi project to go to for earning opportunities.
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