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â— Monero (XMR) has recorded a slow market performance since early November.

â— Ethereum Classic’s (ETC) growth could jump following its planned network upgrades.

â— NuggetRush’s (NUGX) mining game could become the next top play-to-earn project.

Monero’s (XMR) market performance has stagnated due to high volatility. Ethereum Classic (ETC) could also rally following a planned upgrade on January 31, 2024.

However, NuggetRush will likely outperform both projects after its blockchain ICO has sold over 85 million tokens. NUGX has already grown by 30% since its presale.

Yet, can this make it a top ICO project? Let’s hear expert opinions.

>> Buy NuggetRush Now <<

Monero Faces High Volatility Despite Market Bullishness

Monero’s (XMR) market performance has faced high volatility despite growing bullishness around spot Bitcoin ETFs. Several cryptocurrencies have experienced a  sharp market rise due to increased trading activity in the crypto market. Yet, Monero’s (XMR) performance has been hit with volatility.

XMR  traded at $171.64 on November 1. It fell by 6.3% to $160.79 by November 16. XMR then jumped by 8.8% to $174.99. However, XMR’s volatility remained, and it fell by 61.0%to $168.24.

Monero’s (XMR) volatility is likely due to negative sentiments around privacy coins in 2023. The EU has moved to ban privacy coins, reducing investor sentiment for coins like Monero (XMR).

Binance had earlier delisted Monero before undoing its decision. Analysts conclude that Monero’s reduced investor sentiment c

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Author: Crypto Daily

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