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- Bitcoin demand is falling
- Crypto whales are looking at Chainlink.
- NuggetRush's presale attracts investors
Shortly after the spot Bitcoin ETF was approved in the US, prices collapsed. Meanwhile, Lookonchain data shows increased whale activity for Chainlink (LINK). With this in mind, more and more investors are exploring NuggetRush (NUGX). Over 161 million NUGX have been sold so far.
Bitcoin demand is falling
On January 11, the US Securities and Exchange Commission (SEC) approved several spot Bitcoin ETFs.
However, according to market research firm CryptoQuant, BTC demand appears to be waning.
As a result, prices fell as low as $39,500. Part of this decline was due to profit-taking.
NuggetRush buff
Over 161 million NUGX were sold in the NuggetRush presale.
NuggetRush is a blockchain game using NFTs where players compete in mining tasks for financial rewards.
It mimics the everyday life of an artisanal miner and works in a blockchain environment.
Players assemble their mining team and equipment to expand their mining operations.
The amount of gold and valuable minerals they mine determines their reward.
At the current stage, NUGX is available for $0.018.
Whales explore Chainlink
According to Lookonchain data, a whale address recently purchased 601,900 LINK worth $8.9 million.
LINK was purchased at an average price of $14.80. However, prices later increased to $15.90.
Final thoughts
Investors are concerned about Bitcoin’s recent decline. With this in mind, Chainlink and NuggetRush are holding firm. Investors are increasingly looking to NUGX to diversify their portfolios.
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