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Dogecoin (DOGE) saw a 10% value decline on January 4, 2024, compounding recent large losses. Over 600 million DOGE were exchanged by whales, indicating a possible further drop in price.
Significant trades totaling $52 million on Robinhood and Binance indicate heightened selling pressure.
Litecoin (LTC) has seen a spike in activity in the last few weeks, handling more than 1.5 million transactions before the beginning of 2024.
As LTC consolidated above $75.00, analysts projected a positive trend. But on January 3, 2024, a market-wide collapse brought on by Bitcoin resulted in a sharp fall in LTC.
NuggetRush (NUGX) is a revolutionary play-to-earn game that has transformed meme coinage. In addition to supporting artisanal mining groups, players can create a mining empire and receive material rewards.
With a variety of features and revenue streams, NUGX is the greatest new cryptocurrency investment.
In addition to the sharp declines it saw over the previous week, Dogecoin (DOGE) had a market-wide selloff that cost it almost 10% of its value.
However, despite more activity on its network, Litecoin (LTC) is declining significantly.
Nevertheless, in spite of the erratic markets, NuggetRush (NUGX) continues to rise, and investors are paying attention to its growth prospects.
Discover why investors in Litecoin and Dogecoin are switching to NuggetRush by continuing to read.
To add to the sharp declines it has seen during the previous week, Dogecoin (DOGE) saw a loss of almost 10% of its value on January 4, 2024.
Whales have transferred over 600 million tokens through the Binance and Robinhood exchanges, despite the fact that Dogecoin’s (DOGE) downward trend is quickening.
The price of Dogecoin (DOGE) may decline even more due to its expanded presence on exchanges.
According to Whale Alert on X, Dogecoin whales transferred over 635 million DOGE tokens valued at $52 million to exchanges.
Notably, 300 million DOGE were sent from an unknown wallet to the exchange on Binance in the most recent Dogecoin transaction. $24.62 million was exchanged in this deal.
Nearly eight hours prior to the most recent transaction, another significant one was documented.
A Dogecoin whale transferred 151.68 million DOGE coins from Robinhood, valued at $12.49 million, to an unidentified wallet.
There were two more significant Dogecoin transactions noted. A total of 102.27 million and 82.08 million DOGE, valued at $8.40 million and $6.74 million, respectively, were moved in these transactions.
Dogecoin (DOGE) was worth $0.08231.1 on January 4. Due to heightened selling activity, analysts predict that DOGE will fall to $0.07750 in January 2024.
Since their launch, meme coins have been incredibly volatile and have no clear purpose. Nevertheless, with the introduction of NuggetRush (NUGX), everything was altered.
NuggetRush (NUGX), a feature-rich game that ranks among the best play-to-earn titles, allows players to make real money through fulfilling in-game interactions.
In NuggetRush (NUGX), players must work together to find sites and build a mining empire.
In order to create a profitable mining experience, players construct mining facilities, obtain rare and fashionable NFTs, exchange in-game items, and assemble a knowledgeable group of players to become “master miners.”
It’s amazing how NugetRush (NUGX) provides a variety of ways to make money through in-game activities.
Battles, tournaments, and quests award awards to players, who may then exchange in-game treasures for other items on NuggetRush’s marketplace.
It’s interesting to note that this game helps communities of artisanal miners in developing nations. NUGX is the finest new cryptocurrency to invest in right now because of all these characteristics and benefits.
The remaining tokens from each round of NuggetRush’s (NUGX) blockchain initial coin offering can be claimed by players.
The token holder of NUGX is able to claim any leftover tokens from each presale round. But investors are finding NuggetRush’s presale to be very popular, and it’s selling out quickly.
In round five of the presale, NUGX will soar from its round four price of $0.015 to $0.018. NuggetRush (NUGX) is a top cryptocurrency to purchase right now.
It will list at $0.020 on major exchanges, providing existing investors with a 33.33% return.
Litecoin (LTC) has been one of the busiest blockchains in recent years. As of December 31, 2023, Litecoin (LTC) processed over one million transactions, indicating a significant increase in activity.
In addition, the Litecoin Foundation declared that in the first two days of 2024, it handled more than 1.5 million LTC transactions. Litecoin (LTC) is one of the most active blockchains in the world based on these transaction volumes.
Read More: Top 5 Meme Coins to Invest In 2024
Analysts had forecast that the price of Litecoin (LTC) was poised for a bull run amid the spike in activity.
Litecoin (LTC) was consolidating at $75.00 following a spike in value brought up by heightened network activity.
However, on January 3, 2024, a broad and sudden decline in the cryptocurrency market, sparked by Bitcoin (BTC), led to a sharp decline in the price of Litecoin (LTC).
Litecoin (LTC) was selling at $65.26, a decrease of 14.83% over the previous week, on January 4.
Experts have stated that $58.25 is the price to monitor for LTC because they anticipate further selling pressure in the market, which will cause a further decline. That makes it a bad cryptocurrency to purchase right now.
Disclaimer: The information provided in this article is for educational purposes only and should not be considered financial advice.
Cryptocurrency investments are inherently risky, and readers should conduct their own research and seek professional advice before making any investment decisions.
