dYdX Approves Stakinng Platform, Dogecoin Hits $0.20 as NuggetRush Launch Approaches

  • The dYdX community has approved the staking of 20M DYDX to secure the platform.
  • The Dogecoin price has crossed the $0.20 resistance and could trend higher.
  • NuggetRush has less than 15 days until the upcoming airdrop. Investors are gearing up for an exchange listing. 

The dYdX community has given the green light for staking 20M DYDX tokens to enhance the platform’s security measures. Meanwhile, Dogecoin has surpassed the $0.20 milestone. Additionally, with NuggetRush’s airdrop event less than 15 days away, investors are excited. After the airdrop, the listing on exchanges will occur next, making NuggetRush one of the best altcoins to watch

NuggetRush (NUGX) Airdrop Draws Closer  

The crypto community has yet to recover from the just-concluded crypto ICO of NuggetRush (NUGX). Soaring above other ICOs, NuggetRush sold 270,128,575 NUGX tokens. Also, it raised over $3.75 million in funds. Right now, the NUGX token is set for airdrop to buyers in the next 15 days at $0.02. Those who missed out can still buy the NUGX token at $0.02 when it is listed on exchanges. 

Analysts have predicted a 75x surge after this listing, positioning NUGX as a top crypto to invest in. NUGX acts as the governance token for NuggetRush. It allows holders to take part in community decision-making processes. It is also used to buy gaming items and NFTs on NuggetRush’s mining game. NuggetRush is building a state-of-the-art ecosystem. 

This ecosystem blends trending concepts like memes, play-to-earn, and NFTs. Users are allowed to join an immersive mining game. In this game, they search for precious minerals, trending NFTs, and gaming assets. In addition, there is an NFT marketplace where players can sell these NFTs, gaming accessories, and mined minerals.

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They can be exchanged for real money or even real gold if they are RUSHGEMs. RUSHGEMs are unique and the coolest NFTs because those who get them can change them into real gold. Meanwhile, SolidProof has audited the NuggetRush platform to ensure it is safe for users. This is part of its push for transparency and accountability. 

Dogecoin (DOGE) Crosses the $0.20 Resistance

Dogecoin (DOGE), the largest memecoin, has seen a bullish trend. In its recent trading sessions, the price of Dogecoin rose from a weekly low of $0.1693. It crossed the $0.20 mark, reaching a weekly peak of $0.2083. For the last month, the DOGE price has grown by 21.7%.

The top memecoin is also bullish annually, with a gain of 144.7%. CoinGlass data demonstrates that this week the trading volume and open interest of Dogecoin showed substantial growth. The analysts project an increase to $0.291680 in the next sessions.

dYdX (DYDX) Approves 20M DYDX Stake As Part of Network Security 

The dYdX (DYDX) dYdX community has voted in favor of staking the 20 million DYDX tokens proposal. The proposal dated April 6th was supported by 91.7% of the voters. The aim is to enhance the security of the exchange, which has witnessed high trading activity. 

dYdX explained that this step is in reaction to the surge in trading on the platform. The effort to stake its native tokens is intended to shield the DEX from a potential control attack. However, the DYDX token is not the best cryptocurrency to buy today. It has dropped by 4.3% in the past week and 28.0% in the past month.

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In Summary

Dogecoin has broken through the $0.20 with DYDX under bearish momentum. In contrast, NuggetRush is coming near to its airdrop that has been waiting for a long time. NuggetRush is a top crypto to invest in, whereas, the analysts are bullish that the project will see more gains in the weeks ahead.

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