THORChain and Binance Coin Drops As Crypto Market Dips, New 50x Token Arises As a Safe Haven
THORChain price has dropped 10.2% on the 7-day price chart. Binance Coin price has fallen 2.1% on the 7-day price chart. NuggetRush’s price has increased by 100% so far and is expected to witness a 50x surge after its launch. While some altcoins are in the green, other top altcoins have recorded losses. During the [...]
- THORChain price has dropped 10.2% on the 7-day price chart.
- Binance Coin price has fallen 2.1% on the 7-day price chart.
- NuggetRush’s price has increased by 100% so far and is expected to witness a 50x surge after its launch.
While some altcoins are in the green, other top altcoins have recorded losses. During the last week, the value of THORChain decreased by 10.2%, whereas Binance Coin price has declined by 2.1%.
However, the brighter side is that a new coin, NuggetRush, has shown great growth, going up by 100%. Closer to its launch date, NuggetRush is anticipated to see a huge 50x value pump.
NuggetRush (NUGX) Becomes a Safe Haven for Investors
NuggetRush (NUGX) is a gaming platform that merges the world of artisanal mining and its play-to-earn together. Through an immersive gaming platform, NuggetRush offers players a chance to mine minerals. It also allows players to earn the coolest NFT rewards when they complete mining challenges.
In NuggetRush, players have to confront mining activities, such as hiring the workers, purchasing the mining tools, and selling the resources. It also allows for growth through collaboration with other players or through the purchase of more machines.
Most often, the increase in the mining processes is needed for more land, machinery, and people. All these can be bought on the NuggetRush marketplace using its ER20 coin, NUGX. Another earning avenue is through direct NFT staking. Stakers can receive up to 20% APY in return for locking up their assets.
As NuggetRush approaches its official launch, its crypto ICO is setting new standards for other presale tokens. With over 270 million tokens already sold and more than $3.6 million raised, the project’s success is visible. The upcoming 50x surge positions NUGX as the best cryptocurrency to buy in the market.
THORChain (RUNE) Showing Mixed Sentiment
Despite recording a $10 billion trading volume in March, THORChain (RUNE) has started April on a bearish note. THORChain’s price chart shows a price fall of 10.9% on the weekly price chart. With this, the price of THORChain RUNE dropped from a peak of $9.86 to a low of $8.04. Still, there is hope for the altcoin price.
THORChain value is bullish on the 30-day price chart with a gain of 41.8%. Also, it is up 451.7% on the yearly chart. Additionally, Bitcoin’s upcoming halving event in the latter part of April can spark a price rally. Given these bullish factors, THORChain price could rise past $10.00 and reach $15.00.
Binance Coin (BNB) Price Drops on the Weekly Chart
Like THORChain, Binance Coin (BNB) is also bearish on the weekly price chart. Luckily, Binance Coin’s losses are less. CoinGecko has it that Binance Coin has fallen by 2.1% while fluctuating between $567.68 and $618.65.
Thankfully, also like THORChain, Binance Coin is bullish on the monthly and yearly chart, gaining 41.4% and 84.1%, respectively. In the future, Binance Coin is very likely to take back $600.
Its technical indicators are currently bullish. Its Fear & Greed Index is showing 79 (Extreme Greed), a sign that buyers are still active. If buying pressure increases, Binance Coin’s price could rise to $708.44 in the coming weeks.
Conclusion
Despite recent drops in THORChain and Binance Coin’s prices, investors can find solace in NuggetRush. Its significant growth and the prospect of a 50x increase in value after its launch makes NuggetRush the best crypto to buy.
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