Crypto Gloom

NuggetRush, a meme lover’s favorite; SEC Punishes Ripple As PEPE Benefits

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NuggetRush (NUGX) has emerged as a new popular meme, with analysts predicting a 7,000% surge following its launch.

In its proposed final judgment, the SEC requires Ripple to pay a fine of approximately $2 billion. Ripple’s response is expected on April 22nd.

The ongoing legal battle between the SEC and Ripple appears to be nearing an end as the SEC files its proposed final ruling on Monday. The regulator asked Judge Analisa Torres to approve a nearly $2 billion fine against Ripple in connection with the sale of $1.3 billion in unregistered securities.

The Securities and Exchange Commission implores the court to consider “the seriousness and pervasiveness of Ripple’s misconduct and the need to send a strong deterrent message.” The fintech company’s response is expected by April 22, and investors are watching from the sidelines with popcorn in hand.

Meanwhile, the cryptocurrency market is gaining momentum, with Pepe trading in sync with the overall market and showing promising price action. At the same time, NuggetRush, one of the most promising pre-sale tokens, is quickly gaining popularity among meme lovers thanks to its unique combination of whimsy and potential, having raised over $3.4 million in initial funding.

NuggetRush (NUGX): The New Popular Meme

NuggetRush (NUGX) is quickly gaining popularity among meme lovers for good reason. Representing the best of both worlds, its mix of whimsy and utility is incredibly attractive, not to mention its incredible upside potential as an emerging cryptocurrency.

Pre-sales are approaching launch and a Launchpad round is currently underway. With a significant price discount ($0.019 per token), experts believe it is ridiculously undervalued. According to top analysts, it has experienced a surge of 7,000% since its launch, making it one of the best cryptocurrencies you can buy right now.

Equally important, by mixing memes with P2E, GameFi, and NFTs, it is attracting the attention of a wide range of investors and enthusiasts. This has enabled massive adoption and tremendous growth. Therefore, it is a good cryptocurrency to buy.

XRP: SEC seeks approximately $2 billion in fines

Ripple’s legal battle with the SEC is nearing its peak, with Wall Street’s top expert submitting a proposed final ruling on Monday. Ripple Labs must pay a $1.95 billion fine for selling unregistered securities, according to regulators. The fines include $876 million in clawbacks, $876 million in civil fines, and $198 million in preliminary judgments.

In the SEC’s filing, the regulator implored Judge Analisa Torres to consider the severity of Ripple’s misconduct. She also implored the judge to send a strong message to others seeking to raise capital by selling unregistered securities through cryptocurrencies.

Last year, Judge Torres ruled that XRP’s sales on cryptocurrency exchanges are not securities, but direct sales to institutional investors are considered securities. Ripple’s response is expected by April 22, and investors and speculators are showing great interest as the legal battle approaches its climax.

PEPE: Showing remarkable strength

Pepe is one of the best memecoins you can consider owning. After an explosive launch in the second quarter of 2023, it experienced a massive dump in a manner similar to a typical pump-and-dump coin.

However, it surged once again in February 2024, highlighting its potential and solidifying its status as one of the best cryptocurrencies and bullish altcoins. Despite the hype around the Solana memecoin and the popular presidential memecoin, Pepe has been growing well.

Recent movements suggest another bull market, making it one of the best coins to invest in. To ride this bullish wave, consider adding PEPE to your portfolio.

In the recent case between the SEC and Ripple, the regulator demanded that the fintech company pay a fine of nearly $2 billion. Meanwhile, Pepe appears to be ready for another challenge, and NuggetRush is gaining popularity among meme lovers thanks to its novelty.

To learn more about this project, visit the NuggetRush presale website.

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