By Arbitrum Unveils Orbit, NuggetRush Transforms P2E Gaming, Bitcoin Cash Drops
TLDR
- Arbitrum (ARB) launched its Orbit Layer-3 application system on October 27, 2023, boosting the development pace of ARB-based projects. This launch marks a crucial moment for the growth of Arbitrum technology.
- NuggetRush (NUGX) is an exciting newcomer in blockchain gaming, combining play-to-earn incentives with crypto. With a focus on supporting artisanal miners in developing nations, NUGX offers a vibrant marketplace and immersive gaming experience.
- On November 1, 2023, EDX Market (EDXM), a U.S.-based virtual asset exchange, announced the delisting of Bitcoin Cash (BCH), causing a stir in the crypto community. The exchange’s Chief Strategy Officer, Jeanine Hightower-Sellitto, confirmed the move but did not disclose the reasons.
The launch of Arbitrum (ARB) Foundation’s Orbit Layer-3 application system has caused excitement among developers and investors. On the other hand, NuggetRush (NUGX) seamlessly integrates play-to-earn incentives with crypto, enabling investors to tap into the immersive gaming experience.
Yet, the surprising delisting announcement from the U.S.-based virtual asset exchange, EDX Market, exerted pressure on Bitcoin Cash. What happens next to Arbitrum, NuggetRush, and Bitcoin Cash? Let’s find out.
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Arbitrum (ARB) Foundation’s Orbit Mainnet Launch Accelerates Development
Arbitrum (ARB) Foundation’s Orbit Layer-3 application system launched for its mainnet on October 27, 2023. The pace of development for Arbitrum (ARB)-based projects was slow, but with the launch of Orbit, developers can speed up.
The announcement of Arbitrum (ARB) Orbit’s mainnet readiness and the initial group of 10 Orbit chains marks an important moment for the continued growth of Arbitrum technology.
Notably, Arbitrum (ARB) teams opting for Orbit enjoy the flexibility to incorporate third-party decentralized applications such as Celestia. Developers who work on derivatives trading platforms and gaming projects seeking autonomous application chains will find all they need using Arbitrum (ARB) Orbit.
Based on data from Santiment, there was a constant increase in daily active addresses and trade volume in Arbitrum (ARB) in October. Between September 27 and October 26, Arbitrum’s (ARB) trade volume increased almost six times, from 76.66 million to 458.82 million.
On November 2, 2023, ARB was trading at $1.01. Analysts expect ARB to rise to $1.15 by the end of 2023, powered by developments on its network.
NuggetRush (NUGX) Fuses Play-to-Earn and Crypto in Blockchain Gaming
NuggetRush (NUGX) is an impressive newcomer in the blockchain gaming space, unleashing a fresh integration of play-to-earn (P2E) incentives and crypto.
Since it is a worthwhile addition to the initial coin offering list, NuggetRush (NUGX) elaborates on the potential of innovative impact gaming. The meme coin’s primary mission is to support artisanal miners in developing nations.
NuggetRush (NUGX) is fundamentally built around a vibrant marketplace and immersive gaming experience, giving investors an exciting opportunity to create passive income streams.
Interestingly, NuggetRush offers exciting gameplay and possible earnings growth, attracting investors impressed by NUGX’s distinct ecosystem. These features and components make NuggetRush (NUGX) the best crypto investment in the current market.
Furthermore, NuggetRush (NUGX), a community-owned P2E blockchain game, seamlessly incorporates gaming and finance. This project introduces a multidimensional ecosystem that fuses gold mining, cryptocurrencies, and innovative gaming.
Currently, NuggetRush’s crypto ICO is trading in Stage 2 of its presale, with NUGX valued at $0.012 each. Experts insist now is the best time to purchase NuggetRush since NUGX’s value will increase to $0.020 by the end of the presale, creating a big profit for anyone who buys today.
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Bitcoin Cash (BCH) Dropped After EDX Market (EDXM) Delisting
Based on a report published on November 1, 2023, the U.S.-based virtual asset exchange, EDX Market (EDXM), confirmed its plans to delist the Bitcoin Cash (BCH) from its platform. The news attracted the cryptocurrency community’s attention and sparked curiosity among Bitcoin Cash (BCH) investors.
Jeanine Hightower-Sellitto, EDXM’s Chief Strategy Officer, confirmed that the exchange ceased support for Bitcoin Cash (BCH).
The exchange did not reveal reasons for delisting Bitcoin Cash (BCH). When asked, Hightower-Sellitto referred to the current crypto offerings on EDXM’s “Trading Resources” page for details on the Bitcoin Cash’s (BCH) timing and rationale.
As the crypto space continues evolving and regulations impact trading offerings, EDXM’s decision to delist Bitcoin Cash (BCH) may signal a major trend within the industry.
On November 2, Bitcoin Cash (BCH) was trading at $243.12. Analysts expect Bitcoin Cash (BCH) to drop to $228.55 by the end of 2023, pressured by the delisting by EDXM. Thus, BCH is not a good crypto to buy currently.
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