NuDEX Launches Testnet Competition Amid Bitcoin Volatility

NuDEX: Today, the global crypto market crashed due to the sudden drop in Bitcoin (BTC). As Bitcoin retraces to the $94K zone after crossing above the much-awaited $100K zone on Dec 5, speculation swirls in the crypto community. Besides, it also sparked speculations that this pullback is a mere pause before another surge or a strategic entry point for latecomers. However, market experts remain optimistic, with the prediction of BTC climbing to $250K by 2025, supported by a rapidly expanding global crypto user base.

As the crypto market awaits more institutional adoption and regulatory clarity, NuDEX, a decentralized trading platform created to tackle crypto trading challenges, has announced its highly anticipated testnet competition, the “Bullish Trading Odyssey.” The event aims to provide users with a firsthand experience of NuDEX’s cutting-edge capabilities, ahead of its official launch in January 2025.

NuDEX Combines Speed, Privacy, and Flexibility

The latest launch by the trading platform not only invites users to test the platform but also highlights NuDEX’s vision of addressing long-standing issues such as slippage fees, limited trading options, and centralized fund control.

Running from December 16 to December 23, the competition offers participants the chance to win from a $5,000 USDT prize pool, with bonuses for early birds and top traders. Participants can connect wallets, claim test tokens, and monitor performance via a live leaderboard on NuDEX’s testnet platform.

Meanwhile, NuDEX’s architecture is powered by the GOAT network and Zero-Knowledge MIPS technology, that ensures high-speed transactions, privacy, and cross-chain compatibility. This helps them to combine centralized exchange efficiency with decentralized principles like self-custody and transparency. By doing this the exchange positions itself as a pioneer in the evolving DeFi landscape.

Besides, it also comes as the investors are shifting their focus towards the digital assets space. For context, Donald Trump’s win in the US election has attracted many traders towards the digital assets space, with experts the run to continue in the coming days.

Having said that, this bonus event by the platform is expected to gain traction from the investors. However, it’s worth noting that BTC as well as the broader crypto market has noted immense volatility recently, as investors appear to be taking a pause after the robust rally.

✓ Share:

• Recommended
• Price Analysis

• Bitcoin Treasuries Add Nearly $1B BTC This Week as Holdings Cross 1M BTC
• Peter Schiff Criticizes Bitcoin’s Performance Following Gold’s Rally To New ATH
• Arkham Uncovers $5 Billion in Untouched Bitcoin From Germany’s Movie2K Seizure
• Ethereum Spot ETFs Record $447 Million in Outflows Amid Crypto Market Decline
• World Liberty Financial Discloses Reason for Blacklisting 272 Wallets

• HBAR Price Forecast: Analyst Targets 123% Rally as ETF Approval Odds Hit 90%
• Solana Price Prediction: Will Solana Hit $320 as SOL Strategies Gains Nasdaq Approval?
• XRP Price Forecast: Analyst Eyes $127 as BlackRock Joins Ripple Swell 2025
• Chainlink Price Eyes $55 as Reserve Holdings Jump With 43,937 LINK Addition
• Cardano Price Targets 30% Surge as Top Economist Calls for Fed Cut

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.