BitMEX Lists Cosmos, Polkadot Development Activity Plummets, Crypto Beginners Flock To NuggetRush

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TLDR:

  • BitMEX has listed Cosmos on its trading platform. 
  • Polkadot development activity has dropped in the past 13 days. 
  • NuggetRush has been tagged as the best cryptocurrency for beginners

BitMEX’s recent addition of Cosmos to its trading platform has sparked interest among crypto enthusiasts. Meanwhile, Polkadot development activity has seen a decline over the past 13 days, raising questions among investors. In another development, NuggetRush has emerged as the best crypto for beginners in the crypto industry.

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Investors Turn To NuggetRush (NUGX) for Maximum Returns

NuggetRush (NUGX) is a project that offers an immersive gaming experience and lucrative rewards through a mining game. Also, NuggetRush is not just a meme coin; it is a platform committed to community empowerment.

Investors seeking a blend of meme coin culture, gaming mechanics, and blockchain technology can move to NuggetRush as the best choice. The top DeFi project offers diverse activities like tunnel building and excavation across various virtual terrains.

Collaboration is one of the core features of NuggerRush. Through this, players can form mining guilds and together realize rewards. At the same time, rewards are derived from almost all in-game activities, such as battles and tournaments, thus proving to be an interesting platform.

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Moreover, NuggetRush provides unique in-game character NFTs, which are the best NFTs to purchase. This adds more excitement and exclusivity to the experience. With its ongoing blockchain ICO in the last round, this is the best time to buy the NUGX tokens at its current price of $0.019 before it increases to $0.020.

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Polkadot (DOT) Development Activity and Price Plunges 

According to data from Santiment, development activity on the Polkadot (DOT) network has been on a steep decline in the past 13 days. This indicates that the network is not able to keep its momentum and attract builders. 

This could deeply affect its price as the network loses its momentum and buyers move on to other assets. Notably, Polkadot’s price dropped 18.3% and 9.4% on the weekly and two weeks timeframes. The price of DOT, according to CoinMarketCap, fell from a 7-day high of $11.84 to a low of $8.54.

The Polkadot coin is bullish on higher timeframes – 30-day and yearly timeframes. The altcoin price levels show increases of 17.0% and 40.3%. Hence, analysts are of the opinion that a market recovery can be in the offing.

Cosmos (ATOM) Listed on BitMEX 

BitMEX, one of the largest crypto and derivatives trading platforms has listed two new top altcoins on its platform. One of them is the Cosmos (ATOM) crypto. With this new listing, BitMEX users across the world will be able to deposit, convert, and trade Cosmos directly on the platform. 

Unfortunately, the price of Cosmos’ native token did not react positively to the news. The DeFi coin price has dropped 18.5% in the past week, falling from a 7-day high of $14.18 to a low of $10.74.

A look at the higher time frames also shows similar pictures as Cosmos YTD dropped 8.2%. This is due to the rise of investors who are beginning to choose rich memecoins over usual tokens. Yet, analysts are bullish that Cosmos crypto will witness a recovery in the coming weeks.

Final Words

As BitMEX adds Cosmos and Polkadot’s development activity decreases, NuggetRush stands out as the best crypto for beginners. With its user-friendly platform and promising potential, NuggetRush offers newcomers a cheap entry point into the crypto and gaming industries.

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