Key Takeaways:
- NuggetRush has entered its third presale stage, with traders predicting a massive surge soon.
- The Cardano founder accused the US SEC of giving Bitcoin a "free pass."
- Analysts have forecasted a 7% rise to $0.673358.
Charles Hoskinson, the founder of Cardano, voiced his displeasure over the SEC’s policies in a recent AMA session. On the other hand, the Sui token has seen huge gains lately.
Meanwhile, a new play-to-earn memecoin has gotten traders attention. That is NuggetRush, a top ICO in the crypto industry. Let’s learn more about these tokens.
NuggetRush (NUGX) Sees Large Influx of Traders
NuggetRush (NUGX) is a play-to-earn token and memecoin that has seen large adoption from traders. So far, traders have bought over 76,780,961 NUGX tokens, making it the best crypto to invest in now.
NuggetRush offers investors an engaging mining game that can generate real income. It integrates elements of GameFi, impact gaming, and meme culture, placing it among the top altcoins.
NuggetRush’s primary goal is to support artisanal miners in less developed countries. This approach makes NuggetRush a socially impactful project. NuggetRush is considered one of the alt coins to watch before the end of 2023.
In this platform, gamers can form alliances to create guilds and share rewards. Additionally, the project collaborates with physical gold providers, who promptly deliver RUSHGEM rewards directly to miners.
Many investors are eager to participate in the crypto ICO project due to its growth potential. The presale is in its third round, and NuggetRush is trading at $0.013. Analysts predict that NuggetRush’s value will increase tenfold when it becomes available on mainstream exchanges, reaching $0.02.
Cardano’s Founder Questions the SEC’s Policies
Cardano’s founder has expressed his reservations about the SEC’s regulation approach during an AMA session. He stated that the regulator of favoritism toward Bitcoin. According to Hoskinson, the SEC appears to be giving Bitcoin a “free pass” while scrutinizing other cryptocurrencies, such as the Cardano ADA token.
Hoskinson also demanded that the SEC provide a clear explanation for why Bitcoin is perceived to be more decentralized than other cryptos. He pointed out that coercing a few strong mining pools would give one influence over the hash rate of the Bitcoin network. As the Bitcoin business thrived, Hoskinson expected that the SEC would continue to face legal challenges.
Sui (SUI) Price Looking At 7% Gain
On December 3rd, Sui (SUI) unlocked tokens worth $41 million as part of a larger effort to boost its token supply. Surprisingly, the DeFi crypto has resisted the sell-offs that generally follow token releases.
The Sui coin has ranged between $0.581775 and $0.653118 in the last week. The cryptocurrency has maintained its weekly and monthly gains of 7.5% and 20.7%, respectively. Sui bulls may try for higher heights as the 2023 crypto market draws to a close.
Analysts predict a 7% increase to $0.673358 before the end of December. Meanwhile, Sui technical indicators support the current upward trend. The coin is trading above the 50 and 200-day exponential moving averages, and its RSI is over 50.
Conclusion
Sui token could see more gains in the future. However, Cardano’s founder SEC criticism makes it important for traders and investors to invest in coins that offer more utility apart from being a cryptocurrency.
NuggetRush has arisen as the best crypto to buy. This is due to its utility as a P2E token that offers rewards and other benefits.
