NuggetRush favoured by meme enthusiasts; SEC punishes Ripple as PEPE gains
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NuggetRush (NUGX) has emerged as a new meme favorite, with analysts predicting a 7,000% surge after its launch.
SEC demands Ripple pay almost $2 billion in fines in proposed final judgment. Ripple’s response is expected by April 22.
The ongoing SEC vs. Ripple legal tussle appears to be nearing its end, as the SEC filed its proposed final judgment on Monday. The regulatory body asked Judge Analisa Torres to approve almost $2 billion in fines against Ripple concerning its $1.3 billion unregistered sales of securities.
The Security and Exchange Commission pleads with the court to consider the “severity and pervasiveness of Ripple’s misconduct and the need to send a strong deterrent message.” The fintech company’s response is due by April 22, with investors watching from the sidelines, popcorn in hand.
Meanwhile, in the crypto market, Pepe has been showing promising price action as it trades in tandem with the overall market, gathering momentum. At the same time, NuggetRush, one of the most promising presale tokens, is fast becoming a favorite among meme enthusiasts thanks to its unique blend of whimsy and potential, with over $3.4 million raised in early funding.
NuggetRush (NUGX): A new meme favorite
NuggetRush (NUGX) is fast becoming a favorite among meme enthusiasts for good reasons. Its blend of whimsy and utility, representing the best of two worlds, makes it immensely appealing, not to mention its astounding upside potential as an emerging crypto.
The presale is nearing its launch and is currently in the launchpad round. With the price heavily discounted—going for $0.019 per token—experts believe it to be ridiculously undervalued. According to top analysts, it will experience a 7,000% surge after its launch, positioning it as one of the best cryptos to buy now.
Of equal importance, by blending memes with P2E, GameFi and NFTs, it appeals to investors and enthusiasts far and wide. This makes it poised for massive adoption and staggering growth; hence, it is a good crypto to buy.
XRP: SEC demands almost $2 billion in fines
The SEC and Ripple’s legal tussle is nearing its climax as the Wall Street top guy filed its proposed final judgment on Monday. According to the regulatory body, Ripple Labs should pay $1.95 billion in fines for its unregistered sales of securities. The fine includes $876 million in disgorgement, another $876 million in civil penalty and $198 million in prejudgment.
In the SEC’s filing, the regulatory body pleaded with Judge Analisa Torres to consider the severity of Ripple’s misconduct. It also implores the judge to send a strong message to others who might want to raise capital by selling unregistered securities through cryptocurrency.
It is to be recalled that last year, Judge Torres ruled that XRP’s sale on crypto exchanges doesn’t constitute securities but its direct sales to institutional investors does. Ripple’s response is expected by April 22, with investors and speculators paying keen interest as the legal battle nears its climax.
Pepe (PEPE): Gaining remarkable strength
Pepe is one of the top memecoins you can consider holding. Following its explosive launch in the second quarter of 2023, it experienced a staggering dump, in a similar fashion as the typical pump-and-dump coins.
However, it skyrocketed once again in February 2024, highlighting its potential and cementing its status as one of the top crypto coins and bullish altcoins. Despite the hype around Solana memecoins and the trending president memecoins, Pepe has been on a roll.
Its latest move suggests another bull run, positioning it as one of the best coins to invest in. To ride this bullish wave, we recommend adding PEPE to your portfolio.
In the latest development in the SEC vs. Ripple’s case, the regulator demands the fintech company pay almost $2 billion in fines. Meanwhile, Pepe appears poised for another run, while NuggetRush becomes a favorite among meme enthusiasts thanks to its novelty.
To learn more about this project, visit the NuggetRush presale website
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