Bitcoin Cash Trades Strongly Off Bitcoin’s Momentum As Traders Turn To Emerging Profit Opportunities On NuggetRush Presale
TLDR
- Bitcoin Cash’s (BCH) hash rate has reached a new all-time high (ATH).
- Bitcoin (BTC) has also crossed the $68,000 mark, establishing a new all-time high in early March 2024.
- NuggetRush’s (NUGX) market growth continues to gain more attention in the gaming niche.
On-chain activity on Bitcoin Cash is rising significantly. Bitcoin (BTC) has soared to the $60,000 range, causing high FOMO as bullish sentiments fill the market.
NuggetRush (NUGX) is an Ethereum-based gaming project that could ride the current bullishness to P2E domination. The project’s mining adventures are its central offerings. Yet, are they enough to make NuggetRush (NUGX) a top ICO network? Let’s discuss.
Bitcoin Cash Records HashRate increase
On-chain activity on Bitcoin Cash (BCH) has soared due to the growing bullishness in the crypto market. Investors have boosted their digital asset holdings to capitalize on the current bullishness. Data from CoinMarketCap shows that Bitcoin Cash’s (BCH) market capitalization grew by $4.6 billion in February 2024.
BCH’s value stood at $236.62 on February 1. It rose by 16.1% to $274.82 on February 16. BCH continued rising, reaching $292.52 on February 27 after a 6.4% increase. It then leaped by 60.8% to $470.42 on March 4.
Bitcoin Cash’s (BCH) hash rate also reached an all-time high (ATH) in late February. Analysts now expect a sharp jump in Bitcoin Cash’s (BCH) performance due to excitement around its upcoming halving. Bitcoin Cash (BCH) miners will get reduced block rewards. Yet, analysts expect Bitcoin Cash’s (BCH) trading activity to rise, pushing BCH up by 21.3% to $570.98.
Bitcoin Could Reach a New All-time High
Bitcoin’s (BTC) surge continues as the market enters the final month of Q1 2024. Despite trading in the $40,000 range in January, Bitcoin (BTC) has surged closer to its all-time high (ATH) of $68,991.
Bitcoin’s (BTC) growth has also triggered a rally that has affected all top altcoins. As of January 31, BTC traded at $42,582. It jumped by 21.7% to $51,826 on February 14. BTC grew by 5.2% to $54,522 on February 26 before closing at $68,330 on March 4 after a 25.3% leap.
Bitcoin’s (BTC) popularity increased after the approvals of its spot ETFs. A report from Bloomberg showed that net new inflows from Bitcoin (BTC) spot ETFs had exceeded $4.2 billion in February. Analysts expect more demand for spot Bitcoin ETFs following its surge to the $60,000 range. This could push BTC’s value up by 6.8% to $73,005.
NuggetRush Gains More Support Following its 90% Value Surge
Investors are rapidly becoming familiar with NuggetRush (NUGX) and its plans for blockchain gaming. The project features a mining-focused adventure that challenges players to apply dexterity while pursuing mineral rewards.
NuggetRush (NUGX) is a rare opportunity to become a successful miner in a blockchain-based world. The game offers vast wealth opportunities via competitive challenges that involve building and establishing a mining business.
NuggetRush (NUGX) is also a chance to belong to a valuable community of individuals passionate about mining. Leveraging meme coin dynamics, NuggetRush creates an ecosystem where social participation is well rewarded. Some rewards generated from active gameplay on NuggetRush (NUGX) are used to support communities of artisanal miners worldwide.
NuggetRush’s (NUGX) blockchain ICO has been going on for months. Over 210 million NUGX tokens have been sold. The project has also generated over $2.7 million in its presale. It has now entered the launchpad round, trading at $0.019. However, its token listing is close by. After a pump to $0.020, NUGX will get listed.
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