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presale is live

Shiba Inu Becomes Most Traded Coin in India; Whales Go on Accumulation Spree for Injective and Nugget Rush

Matt Williams
Last updated: | 2 min read
Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.
India Shiba Inu

TLDR:

  • Whales have accumulated over $24.8 million worth of INJ.
  • Shiba Inu has emerged as the most traded coin on the Indian exchange, WazirX. 
  • Over $3.75 million has been raised by NuggetRush amidst an accumulation spree.

Top whales have amassed over $24.8 million worth of INJ tokens. Meanwhile, Shiba Inu has gained traction as the most traded coin on the Indian exchange, WazirX. Additionally, NuggetRush is introducing an engaging play-to-earn mining game. This game offers players a chance to interact, play games, and earn rewards, making a top DeFi project to watch.

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NuggetRush (NUGX) P2E Game Entices Investors 


NuggetRush (NUGX) is a play-to-earn (P2E) game that allows users to earn income while engaging in different in-game activities in its mining platform. Players who become miners in the game are tasked with building a mining empire. 

To do this, they must explore land, mine minerals, work with others, and expand their mining operations. The goal is to mine these precious minerals and then sell them on NuggetRush’s marketplace for real money. Apart from minerals, miners can also come across trending NFTs, gaming assets, and free tokens.

While players have a set of characters NFTs to choose from, they can customize their NFTs. Additionally, these NFTs can be staked for 20% APY. This gives players a chance to earn passive income and makes NuggetRush the best crypto investment in the market.

NuggetRush just concluded its presale after giving investors a chance to get in at a low price. Those who joined the NuggetRush train have seen a 100% gain in their investments and could see more after NuggetRush is listed on exchanges for only $0.020.

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Whales Acquire $24.8M Worth of Injective (INJ)


Injective (INJ) might be gearing up for a price reversal as whales reenter the market. According to Santiment, a market intelligence platform, Whale Addresses has bought $24.8 million worth of INJ. The latest buying spree has increased their collective worth to 10.69 million INJ. Meanwhile, this purchase comes at a time when the market is in the red.

Whales are taking advantage of the price drop to top altcoins with bullish potential. Presently, Injective has been affected by the market’s bearish momentum. Its value has dropped 15.6% in the past week from a high of $37.48 to a low of $31.46. Still, analysts like @CryptoDona predicted that Injective will mirror Solana’s bull run.

Shiba Inu (SHIB), the Most Traded Token on Indian Exchange, WazirX


Shiba Inu (SHIB) is gaining wide adoption across the world. A recent tweet from WazirX, a leading Indian exchange, announced that Shiba Inu was the most traded token on their platform in March. Surprisingly, Shiba Inu surpassed top crypto coins like Bitcoin in trading volume among its users. This achievement has solidified Shiba Inu’s standing in the Indian crypto market.

Unfortunately, Shiba Inu is part of the ETH memecoins in the red like Injective. It is down 13.9%, dropping from a $0.00003102 peak to a low of $0.00002595. If this momentum lingers, Shiba Inu could drop below $0.00002000.

Conclusion 


Despite the positive news in the Injective and Shiba Inu space, their prices are trading in the red. The bearish nature of the broader crypto market has affected their prices.

Here comes NuggetRush, a play-to-earn game that has been predicted to give 50x gains in 2024. Analysts have tagged it the best crypto to invest in today.

Visit the NuggetRush Presale Website

Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.