Lido DAO and 1inch Inks New Partnership, ApeCoin Price Soars, NuggetRush Awaits Listing on Top CEXes
ApeCoin price has skyrocketed by 9.3% and 38.0% on the weekly and monthly price chart.
Lido DAO has partnered with 1inch to make the swapping process of stETH, wstETH, and ETH easier.
NuggetRush is currently awaiting its launch on CEXes at $0.020.
ApeCoin has seen gains of 9.3% and 38.0% on the weekly and monthly price charts, reflecting strong bullish momentum in the market. Lido DAO has formed a strategic partnership with 1inch to streamline the swapping process of stETH, wstETH, and ETH.
Meanwhile, NuggetRush is on the verge of launching on centralized exchanges (CEXes), with anticipation building as it prepares to launch at $0.020.
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NuggetRush (NUGX) Gains Traction Ahead of Exchange Launch
NuggetRush’s (NUGX) NUGX tokens are selling at $0.018. Surprisingly, this is the last round of the blockchain ICO and the next stage is the launching of NuggetRush’s NUGX token on exchanges at $0.020.
As a result, this is the best time to join this best DeFi project in the market. Moreover, analysts have forecasted a 50x price surge for the NUGX token after its launch and see it becoming one of the top crypto coins in the market.
Let’s look at what NuggetRush has to offer. NuggetRush stands out in the play-to-earn gaming sphere by merging the concepts of gold hunting and artisanal mining. Its unique native token, NUGX, functions both as a meme coin and a gaming currency, setting it apart from conventional meme coins due to its enhanced utility.
NUGX incorporates GameFi and earning capabilities, making it an attractive option for those seeking the best crypto to buy. Apart from gaming, NuggetRush will host an NFT marketplace. This platform allows gamers to exchange some of the market’s most popular NFTs.
A top highlight of the game is the presence of NFTs such as RUSHGEM, which players can trade for actual gold. This feature adds a tangible aspect to the gaming experience, as the gold obtained can be physically delivered to the player.
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ApeCoin (APE) Price Soars
ApeCoin (APE) suffered huge bearish pressure in 2023 after the sales of its BAYC NFT dropped in 2022. Fortunately, bullish momentum has returned to the ApeCoin market in 2024.
Data from CoinMarketCap shows that the DeFi coin price has increased 9.3% from a 7-day low of $1.57 to a peak of $1.89. Similarly, the bullish momentum has increased to the monthly price chart, which shows a double-digit gain of 38.0%.
Meanwhile, this price surge comes after the ApeCoin community passed a proposal to launch a new project on the Arbitrum network. The proposal is aimed at building a dedicated blockchain called ApeChain that will scale APE and support the growth of the ecosystem.
Additionally, there has been an increase in whale accumulation in 2024. Since January 1st, whales have invested around $40 million to purchase 21.8 million APE tokens. As a result, their total holdings have reached 61.1 million APE as of February 21st.
Lido DAO (LDO) Collaborates With 1inch
Lido DAO (LDO) has teamed up with 1inch to enhance the exchange process for stETH, wstETH, and ETH, especially during unstaking periods. This partnership aims to provide users with swift access to the Ethereum, Arbitrum, and Optimism networks, allowing them to skip the usual withdrawal wait times.
Lido Finance highlighted two key reasons for choosing 1inch: its multi-chain optimization capabilities and its proficiency in securing competitive rates by analyzing different DEXs.Following the news, Lido DAO’s native token, LDO, is showing mixed sentiment on the price chart.
While its price has seen an 18.0% pump on the 30-day chart, it has dropped 2.3% on the weekly chart. Still, technical indicators show the altcoin price could increase in the next few weeks. Market experts have predicted a price jump to $4.00 from its current price level of $2.96 – $3.43.
NuggetRush is one project that analysts believe can battle top DeFi projects like Lido DAO and ApeCoin. Besides, NuggetRush offers users access to an immersive game with numerous rewards and earning opportunities.
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The post Lido DAO and 1inch Inks New Partnership, ApeCoin Price Soars, NuggetRush Awaits Listing on Top CEXes appeared first on BitcoinWorld.