BNB trading volume nearly doubles XRP’s; trending presale raises $1.8m

• Binance Coin (BNB) trading volume rises by 270% to over $2 billion in the last 24 hours.
• XRP Ledger (XRPL) has over 5 million accounts.
• NuggetRush presale is ongoing; meme enthusiasts are exploring.

Recent developments have brought attention to notable shifts in trading and fundraising activities in the crypto market. Binance Coin’s (BNB) trading volume has almost doubled compared to XRP; trading volume refers to the total quantity of a cryptocurrency traded during a specific period. In this case, BNB is experiencing significantly higher trading activity than XRP.

At the same time, the NuggetRush (NUGX) presale has raised over $1.8 million in its hot presale. The platform incorporates play-to-earn (P2E) gaming, real-time income, and a collection of non-fungible tokens (NFTs).

NuggetRush presale milestone 

NuggetRush is a blockchain game similar to real-world mining that lets players compete for the highest yields to receive rewards while mining NFTs. 

These valuable rewards can be converted into gold and delivered to their doorsteps. Moreover, the in-game characters are collectible NFTs, which can be staked with an annual percentage yield (APY) of up to 20% on NuggetRush.

So far, over 152 million NUGX have been sold, allowing the project to raise over $1.8 million. It has achieved this in four presale rounds, as its per-token price sits at $0.015. 

The vesting period for this project spans five rounds after its presale, letting investors claim 50% of their tokens in the particular round they participated in.

NUGX will list at $0.020 on launch, marking a 100% increment from its initial presale price. 

In the next round, NUGX will rise by 20%.

Alongside its achievements, the platform’s roadmap and tangible utility could explain the rising interest.

BNB: enhanced security and privacy

BNB is the primary digital currency of the Binance ecosystem, encompassing the Binance exchange and the BNB Chain. 

BNB can be used for fees and service payments on Binance and for running smart contracts on the BNB Chain while providing reduced trading fees to its holders. 

The platform’s emphasis on security and privacy ensures that users can carry out transactions and trade securely.

From Coingecko data, the trading volume of BNB stands at over $1.91 billion in the last 24 hours, representing about a 275% increase from the previous day. 

This hike signals a sudden uptick in the crypto’s market activity, which brings its circulating supply to over 153.8 million, which makes up an estimated 77% of its maximum supply of 200 million BNB.

XRP Ledger has over 5 million accounts

XRP Ledger has achieved a significant milestone, surpassing 5 million accounts. 

The XRPL is a decentralized public blockchain that enables the real-time transfer of XRP, fiat currencies, and other digital assets at low costs and high speeds. 

Digging more into XRPL Services data, only 1,429 accounts have zero XRP, emphasizing the network’s widespread engagement.

Ripple’s strategic stewardship reinforces its standing as a stable and influential force in the crypto industry. 

XRP’s price, however, remains flat. 

On the flip side, its market activity is rising, with its trading volume in the past day at $1.07 billion.

Conclusion

With increasing transactional activities, BNB has a daily trading volume almost double that of XRP. NuggetRush presale is gaining traction in the meme coin sector, offering tangible utility and development.

There are only 2.7 million pending in the current round before prices rise to $0.018 in the next phase.