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Chainlink's CCIP revenue has increased 180% over the last two months.
Whale investors have been stocking up on their Uniswap holdings.
Whales have accumulated millions of NuggetRush tokens since its blockchain ICO started.
Chainlink's CCIP revenue has surged by 180% in the past two months, signaling robust growth for the top DeFi project. Meanwhile, Whale investors are actively accumulating Uniswap tokens.
Also, NuggetRush has witnessed a high accumulation of whales since the launch of its blockchain ICO, highlighting growing interest and potential for the project.
NuggetRush (NUGX) serves as both a cryptocurrency and the cornerstone of an innovative play-to-earn mining game. This game immerses players in the role of artisanal miners, enabling them to earn rewards through completing quests, engaging in battles, and tackling challenges.
Central to NuggetRush is its NFT marketplace, which facilitates the trade of in-game assets, fostering a vibrant and interactive gaming ecosystem. The game is all about cooperation, the players are also encouraged to work together with one another to increase their profit and efficiency.
NUGX token ownership includes such benefits as voting rights and the opportunity to earn. The game's blockchain ICO has seen impressive performance, raising $3 million in investment and selling more than 233 million NUGX tokens.
Currently priced at $0.019 per token, NuggetRush is poised for significant growth, making it a top crypto to buy. Analysts have projected a surge to $0.50 per token in the coming months.
Chainlink's Cross Chain Interoperability Protocol (CCIP) has grown by 180% in terms of revenue over the past two months. This shows an increase in popularity and acceptance within the DeFi space. According to the data from Dune Analytics, in January, the fee revenue of CCIP was $61,000, while by the middle of March, it was over $171,000.
This made the total revenue of the protocol since it was launched in July 2023 reach $377,724. This protocol allows smart contracts to securely retrieve data from any external API or system which provides seamless interfacing of data between blockchains and off-chain systems.
On the other hand, Chainlink DeFi coin price has declined by 2.6%, 1.8%, and 3.5% on the 7-day, 14-day, and 30-day timeframes. The token has been trading between $18.99 and $21.71, a far cry from its ATH of $52.70.
Uniswap (UNI) has gained huge attention from whales in the past week, according to data from Lookonchain. Lookonchain, in a recent tweet, noted that a whale has withdrawn over 1.09M $UNI ($15.45M) from Binance since March 1st.
Equally, the tweet noted that another address, whitzardflow.eth has been collecting UNI tokens. The address has purchased 262,044 $UN I ($3.72M) since March 1st.
While the whale accumulation is, the Uniswap coin is under mixed sentiment. In the last week, the altcoin price has decreased by 13.6% from $14.95 to $12.61. Conversely, the token is 87.3% higher on the monthly chart.
The activity in the cryptocurrency market is quite high, with the CCIP revenue of Chainlink surging and whales accumulating both NuggetRush and Uniswap tokens. Of these, NuggetRush turns up as the best cryptocurrency to invest in today, providing people with lucrative returns and new gaming fun.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
