TLDR
- Neptune Finance’s launch coincides with growing DeFi activity on Injective.
- Filecoin (FIL) holders expect a network activity increase following the rising popularity of AI services.
- NuggetRush’s (NUGX) community gaming offer is winning hearts among die-hard play-to-earn connoisseurs.
Neptune Finance has launched its services on Injective’s main net. Rising AI adoption could boost demand for Filecoin’s (FIL) blockchain services.
Yet, most crypto buyers are more interested in NuggetRush (NUGX) after its mining game sold nearly 163 million tokens. Some of these investors have also capitalized on NUGX’s 80% increase. Yet, can NUGX become one of the top crypto coins? Let’s talk about it.
Injective Celebrates Mainnet Launch of Neptune Finance
On January 23, 2024, there was a lot of excitement within Injective’s (INJ) community following the launch of Neptune Finance. Leveraging Injective’s (INJ) technology, Neptune Finance will provide fast, accessible loans to users.
The news and its resultant excitement come amid INJ’s fall from the $40.00 mark. INJ traded at $39.65 on January 1. It fell by 7.6% to $36.62 by January 7. INJ then recovered by 12.0% to $41.03 on January 15. However, its bearish momentum increased, and INJ fell by 19.7% to $32.92 on January 23.
Neptune Finance’s main net launch indicates growing DeFi activity on Injective (INJ). Furthermore, it comes barely two weeks after Injective (INJ) unveiled its Volan upgrades. The upgrades added software support for tokenization of real-world assets.
Analysts say real-world asset tokenization could further boost Injective’s trading activity, thus pushing INJ up by 39.5% to $45.94. Furthermore, it could make Injective (INJ) one of the top DeFi projects.
Investors Predict Higher Utility for Filecoin Following Growing AI Adoption
The rise in AI services has come at a great cost: data. Artificial Intelligence systems require tons of data for efficient functioning. Yet, access to data storage systems is not readily available. Now, analysts predict that AI companies will move to Filecoin (FIL). One of the main advantages of Filecoin (FIL) is its scalable data storage systems.
As expected, rising demand for Filecoin’s blockchain services could boost FIL’s current performance. FIL traded at $7.6080 on January 1, following a very bullish December. It fell by 20.7% to $6.0297 on January 13. FIL remained bearish, dropping by 18.8% to $4.8911 on January 23.
Filecoin’s (FIL) recent drop has surprised investors due to excitement around its network upgrades in December 2023. The upgrade would boost the efficiency of space allocation on Filecoin (FIL). This would thus boost demand for Filecoin among other altcoins, causing FIL to jump by 18.5% to $5.8001.
NuggetRush: Community-Owned Gaming With Gold Rewards
NuggetRush (NUGX) is an NFT gaming experience where blockchain technology meets adventure and the desire for high-value gold rewards. It comprises a deep dive into a mining world where players turn empty lands into profitable mining businesses, earning money from trading mineral resources.
NuggetRush (NUGX) requires a careful collection of NFT characters to form your mining workforce. After empowering them with quality machinery, these workers set up mining facilities in the desired locations. These NFT characters vary by skill, luck, and effectiveness.
A character like Maxwell StoneForge will easily power through mining tasks. Likewise, characters like Mia Gallagher refine mineral resources, thereby boosting the market value of the minerals in question.
NuggetRush (NUGX) offers blockchain gaming collaborations, allowing players to participate in group challenges, earning NFTs and mining efficiency upgrades. NFT rewards accrued by players will sell for a high value on the game’s marketplace, thanks to their varying rarities. Gamers are also eligible for 20% APY rewards when they stake their NuggetRush NFTs.
The project’s blockchain ICO will round up soon. Since the kick-off of NuggetRush’s presale, investors have acquired over 163 million NUGX tokens. It now trades at $0.018 after jumping by 80% by round five. NUGX will get listed soon as investors expect an 11.1% increase to $0.020.
Visit NuggetRush Presale Website
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