In the world of cryptocurrency, there are always new developments and updates to keep track of. In this article, we will cover the latest news on Cardano, Huobi Token, and NuggetRush. So let’s dive in!
Crypto analyst Ali Charts has made a bold prediction that Cardano could reach $0.68 if it can break through two major resistance levels. Meanwhile, Justin Sun, a prominent figure in the crypto community, has burned $50 million worth of Huobi Tokens from circulation, effectively lowering the total supply to 110 million. Additionally, NuggetRush’s smart contracts have been audited by SOLIDProof to ensure safety for users.
Ali Charts, a top crypto market expert, has forecasted that Cardano could potentially rise to $0.68 if it surpasses two major resistance levels. Currently, Cardano has seen a 6.3% price increase, pushing it from a 7-day low of $0.4753 to a peak of $0.564. Cardano’s technical indicators support this bullish movement, with the altcoin trading above the 50-day and 200-day SMAs and its RSI rising towards the overbought region.
In other news, NuggetRush has been gaining attention as one of the best DeFi projects, offering a safe platform for investors. With the upcoming launch of their play-to-earn game, which features trending NFTs, players can trade on the platform’s marketplace using NUGX, the native token. NUGX also gives holders governance rights, aligning with NuggetRush’s commitment to decentralization. Additionally, SolidProof has audited the platform’s smart contracts to ensure safety for users.
Justin Sun, the founder of TRON, has announced that he has burned $50 million worth of Huobi Tokens, reducing the total supply to 110 million. This is part of a larger initiative to reduce the circulating supply to 95 million HT. This strategy aims to create scarcity and potentially boost the altcoin’s price in the long run.
Overall, with the recent resurgence in the crypto market, analysts are bullish on the potential for Cardano and NuggetRush to rise to new highs in the coming months. NuggetRush’s upcoming platform could also push the token to a new all-time high. Stay tuned for more updates on these exciting developments.
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