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NuggetRush (NUGX) has become a new favorite meme, with analysts predicting a 7,000% rise after its release.
The SEC is demanding Ripple pay nearly $2 billion in fines in the proposed final ruling. Ripple's response is expected on April 22.
The current legal dispute between the SEC and Ripple appears to be coming to an end, as the SEC submitted its proposed final ruling on Monday. The regulatory body asked Judge Analisa Torres to approve fines of nearly $2 billion against Ripple for its $1.3 billion sales of unregistered securities.
The Securities and Exchange Commission asks 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 scheduled for April 22, as investors watch from the sidelines, popcorn in hand.
Meanwhile, in the cryptocurrency market, Pepe has shown promising price action as it trades in tandem with the broader market, gaining momentum. At the same time, NuggetRush, one of the most promising pre-sale tokens, is quickly becoming a favorite among meme enthusiasts thanks to its unique combination of whimsy and potential, with over $3.4 million raised in initial financing.
NuggetRush (NUGX): a new favorite meme
NuggetRush (NUGX) is quickly becoming a favorite among meme enthusiasts for good reason. Its combination of fantasy and utility, representing the best of both worlds, makes it immensely attractive, not to mention the astonishing upside potential of it as an emerging cryptocurrency.
The pre-sale is close to launch and is currently in the launch pad round. With the heavily discounted price ($0.019 per token), experts believe it is ridiculously undervalued. According to top analysts, it will see a 7000% surge after its launch, positioning it as one of the best cryptocurrencies to buy now.
Equally important, by combining memes with P2E, GameFi and nfts, it attracts investors and enthusiasts from all over. This sets you up for mass adoption and amazing growth; Therefore, it is a good cryptocurrency to buy.
XRP: SEC demands almost $2 billion in fines
The legal dispute between the SEC and Ripple is reaching its climax as the Wall Street leader presented his proposed final ruling 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 fines and $198 million in prior judgment.
In the SEC filing, the regulatory body pleaded with Judge Analisa Torres to consider the seriousness of Ripple's misconduct. She also implores the judge to send a strong message to others who want to raise capital by selling unregistered securities through cryptocurrencies.
It is worth remembering that last year, Judge Torres ruled that the sale of XRP on crypto exchanges does not constitute securities, but its direct sales to institutional investors do. Ripple's response is expected on April 22, and investors and speculators are very interested as the legal battle nears its climax.
Pepe (PEPE): Acquiring notable strength
Pepe is one of the top memecoins you can consider owning. After its explosive launch in the second quarter of 2023, it experienced a staggering drop, similar to that of 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 bullish cryptocurrencies and altcoins. Despite the hype around Solana memecoins and trendy 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's case against Ripple, the regulator is demanding that the fintech company pay nearly $2 billion in fines. Meanwhile, Pepe seems poised for another run, while NuggetRush becomes a favorite among meme enthusiasts thanks to the novelty of him.
To learn more about this project, visit the NuggetRush pre-sale website
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