SEC Extension Increases Investor Confidence in XRP NuggetRush Raises New Funding from Launchpad in Presale Round

By Crypto Gloom On Mar 6, 2024

TLDR

Investors are considering increasing their XRP portfolios amid the current bull market.
Nugget Rush (NUGX) We are preparing to launch an Ethereum-based mining game.
The game offers the opportunity to earn rewards through staking gold, collectibles, and NFTs.

The SEC is preparing a briefing on relief as its long-running lawsuit against Ripple continues. Now, investors are unsure about purchasing XRP tokens in the meantime.

Many people are HODL investors who flee to networks with high return potential. This led to an influx into the NuggetRush community and the sale of 206 million NUGX tokens to investors. But can NUGX remain strong amid competition from top DeFi projects? Read on to learn more.

>> Buy NuggetRush Now <

SEC’s request for time extension sparks controversy in XRP community

XRP’s protracted legal battle with the SEC could result in another extension following a late request from the regulator. On February 28, 2024, the Securities and Exchange Commission (SEC) requested an extension of the deadline for filing relief briefings. If approved, the request would prolong the XRP lawsuit, creating more tension within the community.

News of the SEC’s extension request follows a slight rise in XRP in February. XRP was trading at $0.5531 on January 20th. On February 1, it was down 8.5% to $0.5059. XRP recovered 6.4% to $0.5384 on February 14. 8.8% increase It changed to $0.5863 on February 29th.

Despite the controversy surrounding the ongoing lawsuit, XRP has continued with its plans to expand its payment services. The XRP team has already upgraded the Ripple Pay service. The company has also purchased cryptocurrency asset holders targeting institutional investors.

Analysts say that XRP’s increased services could increase its value by 21.0% to $0.7099. However, there is a strong argument for XRP’s potential as a good cryptocurrency to buy right now. Some experts say the ongoing litigation will continue to drive investors to other top altcoins.

NuggetRush’s Mine 2 monetization approach wins investors over

The gaming ecosystem is constantly evolving with new P2E altcoins being released every day. However, few projects have a unique approach that gamers believe can lead to market domination.

One project that is now becoming an exception is NuggetRush (NUGX). Mining-centric NuggetRush (NUGX) is an Ethereum-based ecosystem that celebrates and supports artisan mining efforts globally.

NuggetRush (NUGX) is also an opportunity to build wealth while providing a financial contribution to artisanal mining communities around the world. NuggetRush (NUGX) offers high-value rewards, from NFT machines to gaming funds, for each task you complete. These challenges are associated with setting up a mining business.

In addition to collecting mineral resources, NuggetRush (NUGX) also calls for turning mining operations into a business. Like most businesses, you will hire employees and purchase machinery to operate effectively.

In return, you will receive unearthed resources, which can be sold for a high value on the game market. You can also make money from mining assets you no longer need by selling workers and machinery.

Another way to accumulate monetary rewards on NuggetRush is by participating in NFT staking. Depending on the lock-in period, payouts can go as high as 20% APY. These financial advantages have made many people interested in NuggetRush.

Currently, over 206 million tokens have been sold in pre-sale. As the project transitioned to the Launchpad round of presale, the value of NUGX increased by 90% to $0.019. NUGX will be listed soon as it rises to $0.020.

Visit the NuggetRush pre-sale website