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Ripple aims to boost its licenses with Standard Custody buy, as Polkadot and NuggetRush ICO see significant price jumps.
Ripple wants to expand its regulatory licenses by acquiring Standard Custody and Trust Company. Meanwhile, Polkadot has surged by 13.6% in the last week, while NuggetRush has seen an 80% increase in price since the start of its crypto ICO.
NuggetRush (NUGX) among the coins to HODL
NuggetRush (NUGX) is an NFT gaming project where players dive into a virtual world to mine valuable minerals. In this game, players start from scratch, gradually mastering mining skills until they are ready to start their first mining business.
Players who accumulate resources expand their mining businesses by buying new equipment. NuggetRush’s play-to-earn (P2E) games allow players to profit from gaming, with game NFTs being tradable for real money.
This feature positions it as one of the prominent defi projects for earning free tokens. The game also introduces trending NFTs called RUSHGEMs, which players can discover and trade for actual gold.
NuggetRush’s blockchain ICO is in its last phase. The presale has already made a mark, with over 182 million NUGX tokens sold, signaling widespread interest in the crypto sphere.
With the NUGX token currently at $0.018, up 80% from its starting price, NuggetRush is gearing up for its launch, planning to list NUGX at a defi coin price of $0.020. This makes it an opportune moment to get involved in the project.
Ripple to boost regulatory compliance with new acquisition
Ripple (XRP) plans to buy Standard Custody and Trust Company, a firm known for its expertise in digital asset services. This is part of the company’s goal to expand its regulatory licenses.
Responding to the news, Ripple’s CEO, Brad Garlinghouse, shared some of Ripple’s achievements. According to him, Ripple obtained nearly 40 U.S. money transmitter licenses, a VASP registration with the Central Bank of Ireland, and an MPI license from the Monetary Authority of Singapore (MAS).
The latest move would help to promote digital assets across the globe. Currently, Ripple’s XRP token is trading at the $0.4995 – $0.5351 price region. The altcoin price has seen little gains, thanks to the bullish momentum in the crypto market.
Nevertheless, Ripple remains bearish on upper price levels. Top analysts like Dark Defender and Egrag Crypto believe Ripple coin could see more gains in the coming months.
Polkadot (DOT) bulls attempt price recovery
DOT, the native token of the Polkadot blockchain, is trading 86.19% below its ATH of $55.00. Although bulls have attempted to pull a price recovery, the highest Polkadot coin has gotten in the past year is $9.58.
While Polkadot appears bearish on the wider timeframes, it is bullish on the weekly and monthly timeframes. According to CoinMarketCap, Polkadot is trading at the $6.70 – $7.60 price range, with an increase of 4.7% on the weekly price chart.
Polkadot is trading above all the SMAs and EMAs, a sign that bulls have returned to the market in the past week. On the monthly timeframes, Polkadot has only seen gains of 1.6%. The token’s resistance levels are at $7.49, $ 7.77, and $8.00. Analysts have predicted a potential rise to $9.10 in the coming months.
Conclusion
The crypto market is regaining momentum. Altcoins like Polkadot and Ripple are among those tokens that have seen price gains. Nevertheless, top analysts and crypto heavyweights are supporting top ICOs like NuggetRush.
According to them, NuggetRush’s upcoming play-to-earn gaming platform will attract much attention. This attraction could increase the price of its native token in the long run.
Visit the NuggetRush Presale Website
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