Key Takeaways:
- Avalanche (AVAX) has completed a transition to the Core Stake wallet.
- Stellar (XLM) is also undergoing major network upgrades.
- NuggetRush (NUGX) has exceeded investors’s expectations after rising by 30%.
Avalanche (AVAX) just completed a transition to a new wallet that would improve its staking services. Stellar (XLM) is also anticipating changes from its Protocol 20 upgrade. However, investors are turning to NuggetRush and its mining adventure that promises gold rewards and greater ownership of game data. NUGX’s value has also soared by 30%. Yet, is that enough to make NUGX a top ICO project? Let’s discuss.
Avalanche Unveils New Transition to Core Stake Wallet
On November 30, 2023, Avalanche (AVAX) announced the phasing out of its web wallet for a new Core Stake wallet. The transition would mainly affect stakers on Avalanche.
Expected changes include a more seamless process for the Avalanche community to stake its holdings. Avalanche’s core stake wallet would allow users to configure staking preferences like amount, and delegation fees.
Avalanche’s wallet upgrade coincides with AVAX’s recent rally. AVAX was trading at $12.21 in November. Following its transition to Core Stake wallet on November 30, AVAX jumped by 75.1% to $21.39. AVAX soared further by 78.3%, reaching $38.14.
Analysts expect Avalanche to capitalize on the current market bullishness via excitement around its staking upgrades.
Another standout feature of its staking upgrades is that it directly connects stakers to validators. This could further cement Avalanche’s (AVAX) position as one of the top DeFi projects. Furthermore, it could push AVAX up by 15.7% to $44.14.
NuggetRush; Game Changer in the P2E Earn Industry
NuggetRush (NUGX) is a mining adventure that seeks to establish a new level of enjoyable gaming experience. It offers the opportunity to compete for rewards against other gamers. NuggetRush features a mining challenge where players make strategic decisions while assembling a team of skillful workers and business managers. Each player’s central aim is to establish a valuable mining business.
NuggetRush (NUGX) allows players to create custom avatars. These characters and other assets mined in the game can be sold on its marketplace. Furthermore, NuggetRush allows players to collaborate for higher rewards. These could involve joining mining guilds and partnerships with other skilled miners.
NuggetRush (NUGX) offers governance rights to players who join its Rush Guild. This would give them voting powers on decisions in NuggetRush’s ecosystem. Furthermore, players can earn money from staking their game NFTs. Finally, NuggetRush (NUGX) supports artisanal miners worldwide with the proceeds of its mining adventure game.
Players will start earning rewards from NuggetRush’s (NUGX) mining game when it goes live. For now, its blockchain ICO is ongoing, selling over 84 million tokens since the start of its presale. NUGX’s value has also jumped by 30% since its first round. It’s now trading at $0.013 in round three of its presale!
Stellar Holders Eagerly Anticipate Major Network Upgrades
Stellar’s (XLM) community is in high spirits following the start of its Protocol 20 upgrade. The network announced that the upgrade would kick off on December 11. Stellar has also announced that it will continue until December 19. Furthermore, they say Stellar’s (XLM) upgrades will become ready for public use by January 20.
News of Stellar’s major upgrade comes amid XLMs’ recent volatile performance. XLM was trading at $0.1225 on November 1. A month later, XLM had dropped by 3.4% to $0.1183. XLM then rose by 12.4%, reaching $0.133 by December 10.
Stellar’s (XLM) new upgrades could help it challenge XRP’s dominance in the crypto payments industry.
Furthermore, analysts say it could help Stellar capitalize on the current bullish sentiments in the crypto market. Investors had gone bullish on several top altcoins, including Stellar, after growing calls for crypto ETFs. This could push XLM”s price by 15.0% to $0.153.
