Ripple Listed on Atlantis Exchange, Chainlink Price Dips, NuggetRush Secures $3M in Funding

In recent crypto news, Ripple is now tradable on the Atlantis Exchange, while Chainlink has experienced a 10% price drop over the past week. Amidst these market fluctuations, NuggetRush has emerged as a promising investment opportunity, raising over $3 million in funding and offering an immersive play-to-earn mining game.

Cryptocurrency Market Update: Ripple Listed on Atlantis Exchange, Chainlink Price Declines, NuggetRush Secures $3 Million in Funding

Ripple (XRP) Traded on Atlantis Exchange

In a recent development, Ripple (XRP) has been listed and is now available for trading on Atlantis Exchange, a firm registered with the U.S. Treasury. The official commencement of XRP trading occurred on March 17th, with the USDB trading pair.

According to Atlantis Exchange's announcement, XRP deposits are currently supported via BNB Chain. While the platform has not yet integrated with the XRP Ledger (XRPL), XRP deposits have been enabled since Wednesday, March 13th. Withdrawals, however, will be processed starting from March 20th.

This listing signals increased adoption of Ripple's XRP. The coin's price has been fluctuating between $0.5956 and $0.7345 on the weekly price chart, with a slight decline of 1.9%.

Chainlink (LINK) Price Plunges

Despite Chainlink (LINK) continuing to make waves in the decentralized finance (DeFi) space, its native token, LINK, has experienced a notable decline on the weekly and monthly price charts.

Data from Dune Analytics indicates that while Chainlink's Cross Chain Interoperability Protocol (CCIP) revenue has surged by approximately 180% over the past two months, the price of LINK has dropped 10.0% and 0.7% on the weekly and monthly charts, respectively.

Despite this decline, LINK's price has not fallen below the 50-Day Simple Moving Average (SMA) of $18.85 or the 200-Day SMA of $13.24. These levels continue to provide strong support for the altcoin. If bulls can maintain their position above the 50-day SMA, Chainlink may experience a trend reversal in the coming weeks.

NuggetRush Surpasses $3 Million in Funding

NuggetRush (NUGX), an emerging DeFi project, has garnered attention in the crypto community with its innovative play-to-earn mining game. The project has recently secured over $3 million in funding, making it a viable investment opportunity for those seeking high returns in the cryptocurrency space.

NuggetRush offers an immersive gaming platform where users can engage in competitions and quests while earning rewards for their participation. These rewards include free tokens, in-game items, and NFTs, which bring collectability and exclusivity to the gaming experience.

The project's continuous blockchain Initial Coin Offering (ICO) has set the price of NUGX tokens at $0.019 per token. This low cost provides an accessible entry point for investors to participate in the platform's growth and the potential of the gaming sector.

Conclusion

The listing of Ripple on Atlantis Exchange provides traders with an additional venue for XRP trading. Meanwhile, the decline in Chainlink's price has prompted investors to explore alternative options. Amidst this price drop, NuggetRush has emerged as a promising investment candidate, backed by its recent $3 million funding and unique play-to-earn mining game.

For investors seeking a blend of meme culture, gaming elements, and blockchain innovation, NuggetRush presents an enticing opportunity. Its low-cost tokens and potential for significant growth make it a compelling investment option in the ever-evolving cryptocurrency market.