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Binance Coin Faces Resistance: Near Protocol Launches Chain Signatures While a New Game Prepares To Launch With Exciting Features

Near Foundation unveils Chain Signatures for multi-chain access. NuggetRush updates its play-to-earn game, while Binance Coin encounters resistance.

TLDR:

  • Near Foundation has added support for chain signatures on the Near Protocol. 
  • Binance Coin must surpass the resistance at $610 to reach a new high.
  • NuggetRush has added more benefits to its upcoming mining game.

Near Foundation has introduced chain signatures on the Near Protocol, increasing users' multi-chain access. Meanwhile, Binance Coin is facing tough resistance at the $610 price level. In other news, NuggetRush has packed its play-to-earn mining game with exciting features and reward opportunities. Analysts are bullish on its native token, NUGX, to rival other gaming tokens.

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NuggetRush (NUGX) Challenges for the Best P2E Title

NuggetRush (NUGX) is bringing a new era to the play-to-earn sector. Unlike other play-to-earn projects, NuggetRush has embraced the concept of the metaverse. The game is to give players an immersive and engaging experience in its mining game. 

Players dive into a mining game where they oversee various mining operations and make profits from mined resources. This approach fosters continuous engagement, making it the best DeFi project to join. 

Also, NuggetRush has an innovative NFT staking mechanism. It enables players to earn up to 20% APY by staking the coolest NFTs acquired during gameplay. This not only enhances the gaming experience but also unlocks avenues for passive income generation through in-game assets.

NuggetRush is currently in the last phase of its presale and is priced at $0.019. The new DeFi project has sold over 252 million tokens, with just 6.54% left before it is launched. Following the launch, analysts believe their NUGX token will pump 100x. This potential for massive gains makes NuggetRush the best crypto investment right now.

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Near Protocol (NEAR) Now Enables Chain Signatures 

The Near Foundation, the agency behind the Near Protocol (NEAR), has announced the integration of chain signatures into the protocol. This will enhance user accessibility across multiple chains using their Near account.

This unique chain signatures feature enables multiple address management across all blockchains for Near accounts. This progress would form the basis for new distributed finance platforms. The future will be promising in terms of issuing security from EigenLayer.

This will increase the network safety and security. The NEAR cryptocurrency still maintains its bullish trend despite continuous pressure from the bears, rising to the $6.26 - $8.05 price range. Hence, analysts have given a price target of $10.34 and $23.42 if the bullish momentum continues.

Binance Coin (BNB) Price Analysis

Binance Coin (BNB) has captured the attention of the crypto market with its bullish rise from the $500 price level. At the moment, the altcoin price has been exchanging hands between $515.19 and $596.41 in the past week. 

Its market cap has also been fluctuating between $79.4 billion and $92 billion within this timeframe. However, BNB faces huge resistance at the $610 level and has failed to crossover in the past week. Once the token breaks this price level, an upward momentum is expected in the long run.

Binance Coin is one of the top crypto coins that is close to touching its all-time high again. At present, technical indicators of Binance Coin suggest that the prices are expected to rise further in the coming weeks.

Conclusion 

NuggetRush will constantly improve its play-to-earn mining game and introduce additional perks for players. In addition, as one of the most profitable gaming tokens, NUGX provides a better investment potential than Binance Coin and Near Protocol.

Visit the NuggetRush Presale Website

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