- Uniswap’s 15% price drop after the SEC’s Wells Notice led major holders to seek more promising alternatives.
- Terra Luna excels with dynamic stablecoin options and instant settlement.
- NuggetRush’s no-tax model, governance perks, and play-to-earn game lure whales.
As the SEC announced a Wells Notice in April, Uniswap (UNI) price saw a significant 15% decrease, leading to a $5.6 billion reduction in market capitalization. This unfavorable event prompted influential investors, or “whales,” to shift their focus towards NuggetRush (NUGX) and Terra Luna (LUNA), seeking promising growth prospects for their portfolios. These altcoins are recognized for their consistent expansion and cutting-edge advancements.
NuggetRush stands out among bullish altcoins by merging mining minerals and cryptocurrency into an engaging blockchain game. Players earn rewards through distinct character NFTs, RUSHGEMS, and an innovative staking process. Having sold over 270 million tokens already, NUGX secures its place among the best DeFi cryptos offering substantial incentives.
This article unveils the unique attributes of NUGX and LUNC that make them sought-after altcoins by whales amid Uniswap’s decline.
NuggetRush (NUGX): revolutionizing DeFi with unique offerings
NuggetRush is gaining traction among whales seeking the best DeFi cryptos in the market. Its unique offerings enable users to earn substantially, making it an attractive choice for investors. Despite recent market volatility affecting platforms like Uniswap, NUGX’s presale has demonstrated remarkable progress, raising over $3.8 million through the sale of over 270 million tokens. With a current price of $0.02 and a 100% growth recorded, crypto ICO participants anticipate substantial returns on investment.
NuggetRush’s goal is to reach a market value of $100 million. Its play-to-earn game helps to facilitate this process, making the platform accessible to gamers and investors. This meme coin offers an engaging gaming experience and supports small-scale miners in less developed nations. Individuals seeking bullish altcoins can participate, regardless of skill level.
As a governance token, NUGX users enjoy access to rewards and can purchase items, including NFTs, from the in-game marketplace. Rush Guild members receive VIP access to higher levels and voting rights on ecosystem and game development. Whales who take advantage of these advantages are assured of massive portfolio growth.
Terra Luna (LUNA): pioneering decentralized finance with dynamic stability
Terra Luna, a decentralized platform, introduces innovative ideas. It offers multiple stablecoins, enabling instant transactions through an algorithm that adjusts the money supply. LUNA’s algorithm allows low fees and seamless global exchanges.
These features have led to Terra Luna’s steady growth this year. Major Analyses and predictions point to a further price surge. This favourable outlook positions LUNA as a top performer in the crypto market.
Uniswap (UNI): SEC notice triggers market volatility, prompting whale exodus
The Securities and Exchange Commission (SEC) recently issued a Wells Notice to Uniswap, leading to a significant drop in its price. The market value of Uniswap fell sharply by 15% after this notice on April 10, causing its market cap to decline to $5.6 billion. UNI’s daily trading volumes also saw a substantial surge of 313%, reaching $650 million.
This news prompted holders to sell their Uniswap (UNI) holdings, resulting in rapid market fluctuations. Three major holders sold 2.03 million tokens, totaling $20 million, causing UNI’s price to decrease by approximately 17%. Lookonchain reported a notable liquidation event involving whitzardflow.eth, which sold 107,010 tokens within an hour. This downturn led many whales to shift their attention toward more promising altcoins like NUGX.
Conclusion
In the face of UNI’s challenges, navigating towards more promising projects, like NuggetRush and Terra Luna, is crucial. These altcoins have attractive features and potential for significant growth.
NUGX entices investors with its unique blend of cryptocurrency and mineral mining into a play-to-earn gameplay, impressive crypto ICO, and robust staking system. For updates on the NUGX presale, visit the NuggetRush Presale Website.
The post Uniswap (UNI) dips 15% on SEC concerns: whales pivot to LUNA and NUGX for growth appeared first on CoinJournal.
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