TRON Foundation Appeals the SEC’s Lawsuit As Pepe Price Drops, NuggetRush Prepares for Launch

TLDR:

• The Tron Foundation has filed an appeal to dismiss the US SEC’s lawsuit.
• Pepe’s price has dropped 4.2% on the 7-day price chart. 
• NuggetRush launch is on the horizon as presale ends.

The Tron Foundation has appealed against the lawsuit filed by the US SEC. In other news, Pepe’s price has seen a 4.2% drop over the last week. However, there is positive news as well: NuggetRush is nearing its much-awaited launch, making it one of the best altcoins to watch for gains.

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NuggetRush (NUGX) Presale Gains Traction Ahead of Launch

NuggetRush (NUGX) has captured the attention of the crypto community with its crypto ICO that sold large numbers in a short time. What sets NuggetRush apart, especially from established names like Pepe and Tron, is its new approach and exposure to the blockchain gaming sector. Its unique model, which mixes memes with utility, makes it a top crypto to buy.

Most memecoins have little or no practical value, whereas NuggetRush excels here. It combines play-to-earn (P2E) dynamics with meme culture and GameFi. As a blockchain-based gaming platform, NuggetRush offers engaging and rewarding gameplay. 

Players go into a virtual gold mining adventure to mine minerals and earn in-game rewards. These rewards are tradable on the NuggetRush marketplace and can be exchanged for real money. Although it is in the presale stage, NuggetRush’s future potential for growth is massive. 

Currently done with its last presale round, NUGX tokens are waiting to go live. Analysts predict a 50x surge in value upon listing on major exchanges. With over 270 million tokens sold and over $3.8 million raised, NuggetRush is the best crypto investment in the market.

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Tron (TRX) Attacks the US SEC for Going Outside Its Jurisdiction 

The Tron Foundation has submitted an appeal to get a lawsuit by the United States Securities and Exchange Commission (SEC) thrown out. The appeal was submitted to a New York federal court on March 28th, 2024. 

In the appeal, Tron argued that the SEC’s authority does not extend globally and accused it of overreaching its jurisdiction. Also, the foundation contends that the SEC has not shown how Tron engaged in offering or selling TRX tokens as unregistered securities. 

Following the news of the legal battle between Tron and SEC, TRX’s price has decreased. The altcoin price has fallen 0.2% and 14.9% on the weekly and monthly timeframes, respectively. 

Pepe (PEPE) Price Drops 4.2%

While Solana memecoins are up on the charts, Pepe (PEPE), the Ethereum-based memecoin, has dropped 4.2%. This weekly loss has plunged PEPE from its high of $0.000009019 to a low of $0.000007775. March was a bullish period for the memecoin as it skyrocketed to a new all-time high of $0.00001064.

Similarly, Pepe’s market cap increased to over $3 billion. With this, Pepe joined the top 50 largest cryptos by market cap. Unfortunately, selling pressure entered the market and caused the latest price dump. Nevertheless, analysts believe Bitcoin’s halving could affect top memecoins like Pepe.

Final Thoughts 

While Tron and Pepe are battling with bearish pressure, investors looking for what crypto to invest in can consider NuggetRush. NuggetRush is riding bullish waves as it gets to the end of its presale. Analysts have foreseen a 50x ROI for those who acquire NuggetRush’s NUGX tokens now.

Visit the NuggetRush Presale Website