TLDR
- XRP holders have been disappointed by its continued stagnation.
- Litecoin is also falling amid the recent market correction.
- NuggetRush (NUGX) has become a main choice among play-to-earn investments in the crypto market.
XRP’s slow growth could continue till the latter stages of 2024. Litecoin has also fallen amid the recent price downturn triggered by a BTC fall.
NuggetRush (NUGX) is becoming a go-to option for earning stable and long-term profits. It has outshone new ICOs by selling 167 million NUGX tokens. Yet, will it become one of the top crypto coins in 2024? Let’s talk about this.
Experts Say XRP-SEC Lawsuit Could Last Until Q3 2024
The fiery legal battle between the Securities and Exchange Commission (SEC) and XRP continued in January 2024. The latest on the case is a back-and-forth row over documents relating to institutional sales of XRP tokens. The SEC is demanding the handover of such documents, claiming it will aid its case.
Amid the trouble caused by the ongoing lawsuit, XRP remains in a bearish phase. XRP traded at $0.6301 on January 1. It dropped by 8.6% to $0.5759 on January 16. Following a slight downturn in the price movement of altcoins, XRP fell by 8.9% to $0.5241 on January 28.
The slight drop in Bitcoin’s value worsened XRP’s performance. The ensuing bearishness caused a significant decrease in trading activity for many networks. XRP could remain stagnant as its ongoing legal tussles have reduced its investor sentiment. If things stay the same, XRP could fall by 8.3% to $0.4801.
Litecoin Wobbles Following Market Downturn
Despite the widespread bullishness in the crypto market, Litecoin has dropped from the $70.00 region. Like other blockchain networks, Litecoin rallied following excitement around spot Bitcoin ETFs. This bullishness continued until mid-January.
However, a slight decline in Bitcoin’s performance caused a negative spiral that affected Litecoin. On January 2, LTC traded at $72.98. Two weeks later, LTC fell by 4.3% to $69.82 by January 14. LTC then rose by 2.5% to $71.60 by January 21, before falling to $68.40 as of January 28.
Litecoin could recover due to its high network activity since the end of 2023. By late January 2024, the transaction count on Litecoin grew above 16 million. Analysts expect this trend to continue, making Litecoin one of the most active blockchain networks in the crypto market. This could push LTC’s value by 10.2% to $78.95.
NuggetRush: Mining Game Excites P2E Connoisseurs
P2E lovers from all over the crypto market might soon fall in love with NuggetRush due to its skyrocketing popularity. NuggetRush (NUGX) is an NFT gaming project that transports players into a realistic virtual experience.
On NuggetRush (NUGX), you will learn the art of becoming a successful miner. The game will offer you the ins and outs of mining. You will go from having no mining resources to starting your first digging operation. After collecting resources to set up your mining business, you’ll begin selling mineral resources on the game’s marketplace.
NuggetRush (NUGX) stands out among many P2E projects because of its ease of earning money from gaming activities. NFTs can be swapped for real cash on the game’s marketplace. It also offers a type of NFT reward called RUSHGEMs. Players who find RUSHGEMs can exchange them for real gold.
The early opportunity to belong to NuggetRush’s (NUGX) community is closing soon as its blockchain ICO approaches its final round. Over $2 million has been raised since NuggetRush’s (NUGX) presale launch. NUGX trades at $0.018, jumping by 80% from its first price. After jumping by 11.1% to $0.020, decentralized exchanges will list NUGX.
