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Optimism has distributed 10 million OP as part of its airdrop tailored for web3 artists. In another move, Pyth Network has introduced price feeds for 13 spot Bitcoin ETFs. Meanwhile, NuggetRush’s presale is in the final stages, with less than 50 million NUGX remaining.
Less than 50 million NUGX remaining
NuggetRush has reached a significant milestone by selling 188 million NUGX out of the 215 million designated for its blockchain ICO phase.
NuggetRush, a play-to-earn game based on virtual crypto mining, is nearing its token launch.
Less than 50 million tokens remain available for purchase, each valued at $0.018.
The project aims to offer players rewards and earning opportunities through gameplay and NFT ownership.
Optimism targets web3 artists in new airdrop
In a recent tweet, Optimism, a layer-2 network, unveiled its fourth airdrop of over 10 million OP (worth about $40.8 million).
The initiative is designed to celebrate artists who have infused the blockchain with creativity.
An official announcement stated that 22,998 eligible recipients can claim their tokens until Feb. 13, 2025.
The criteria for eligibility for the airdrop were set based on the artists’ engagement in NFT art creation on the Ethereum mainnet or Optimism’s Superchain from Jan. 10., 2023, to Jan. 10, 2024.
Meanwhile, OP is trading between $3.48 and $4.15 with a 23.0% price pump on the 30-day chart.
Analysts are forecasting a price surge to $5, which would take it above its current ATH of $4.57.
Pyth Network unveils price feed for spot Bitcoin ETFs
The Pyth Network has introduced price feeds for 13 Bitcoin ETFs.
This innovation represents a major step in connecting traditional financial markets with the DeFi sector.
It offers developers and users reliable, real-time access to Bitcoin ETF prices.
In contrast, PYTH, the native token of Pyth Network, has fluctuated in value during the last month, ranging from $0.3421 to $0.6834.
With a high of $0.6834 on Feb. 14, PYTH was among the best altcoins of the month. Regrettably, opinions on the altcoin price are currently divided.
PYTH is down 17.1% on the weekly price chart despite rising 41.5% on the monthly price chart.
Analysts, however, remain optimistic, expecting more gains in the upcoming trading sessions.
Conclusion
Some investors believe participating in projects before their official launch can offer potential benefits.
NuggetRush, a recently announced defi project, is one example. It sold millions of tokens during its presale stage, which some may find noteworthy.
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