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Bitcoin Cash surges with whale buys and Bob Token NFT news. Storm Trade introduces Toncoin futures. NuggetRush sets new P2E gaming standards.
Bitcoin Cash (BCH), Toncoin (TON), and NuggetRush (NUGX) bring features and developments that contribute to the ongoing evolution of the digital financial ecosystem.
Let’s look into the current state and potential future trends of Bitcoin Cash, Toncoin, and NuggetRush to understand what drives these ventures.
Bitcoin Cash breaks resistance with whale activity and new partnerships
After forming a strong base above the $232.00 level, Bitcoin Cash started to climb. On Feb. 9, BCH broke the resistance at $245.00 and followed Bitcoin’s lead upward. The token cleared several resistances before getting deflected by the resistance at $282.00.
A high was formed near $283.00, and Bitcoin Cash’s (BCH) price was corrected below $270.00. Then, Bitcoin Cash recorded a strong bullish momentum above $260.00 as the crypto market awakened again.
According to crypto whale trackers, significant whale buying happened in Bitcoin Cash last week. Hence, the renewed whale demand helped push BCH higher in the altcoins charts.
The recent price surge may also relate to the crypto news of a forthcoming partnership between Bob Token and Bitcoin Cash. Feb.11 reports indicate that BCH will help with designing Bob-themed NFTs usable in the Bitcoin Cash ecosystem.
On Feb. 18, BCH was trading at $268, up 1.6% in the past week. Experts say BCH will rise to $284.15 by the end of the month, supported by increased whale demand.
Toncoin surges with DEX integration and bullish outlook
The first leveraged DEX (decentralized exchange) for futures trading services on TON, Storm Trade, supports using Toncoin for trading futures starting Feb. 2. It enables users to avoid changing TON to USDT. Notably, traders can readily use Toncoin as collateral for long and short positions in TON pairs.
That development unveils rewards meant for Toncoin holders, adding coins to the liquidity pool and hedging options in market drops.
Nevertheless, the crypto market recorded remarkable growth in February, and Toncoin has increased in price. This growth has been supported by the growing dominance of the Notcoin play-to-earn (P2E) game hosted on TON Blockchain.
Notcoin’s unique tap-to-earn strategy attracted millions of users, helping ignite increased activity within TON’s blockchain.
Toncoin’s price appears to be shifting back into bullish territory. Despite the lack of buyer confidence, Toncoin has been rising with the rest of the crypto market. On Feb. 13, Toncoin was valued at $2.205, up 7.46% in the past week.
Experts say Toncoin will rise to $2.335 by the end of the month, supported by developments on its network.
NuggetRush leads P2E with realistic gameplay and NFTs
NuggetRush (NUGX) is a new play-to-earn (P2E) gaming project. It features a hyper-realistic terrain filled with skilled NFT characters and mineral resources. Its main objective is to set up a successful business of exploring and mining resources.
The NFT characters active on NuggetRush (NUGX) have business management and mining skills to support gamers in their mining expeditions.
NuggetRush’s (NUGX) gameplay involves solo and group challenges available on NuggetRush (NUGX). Players can complete mining tasks alone or join mining groups. The benefits of joining mining groups are enhancing a gamer’s mining efficiency and reward-earning potential.
Moreover, players can collaborate with skilled miners to enhance their mining efficiency. NuggetRush (NUGX) provides in-game currency, NFT characters, and mining equipment. Also, NuggetRush has an active marketplace where the participants sell and buy in-game collectibles and the trendiest NFTs available in the market.
Gamers can upgrade in-game collectibles before they place them on sale to gain higher value from their popular NFT assets. Eventually, NuggetRush gives gold rewards to the players who win RUSHGEM NFTs. Many P2E enthusiasts are now waiting for NuggetRush’s (NUGX) official launch to begin investing in its gameplay.
NUGX’s blockchain ICO is ongoing. NUGX is in round 5 of the presale and valued at $0.018. Notably, NUGX will rise to $0.020 at the end of this round to list on mainstream exchanges.
Visit NuggetRush Presale Website
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This article first appeared at crypto.news