TLDR
- Binance Coin faces bearish pressure following criminal charges against the exchange and former CEO.
- BNBs’ price fell below $230.
- NuggetRush has raised over $700,000 in its ongoing presale and is poised for a 4,000% bullish run.
Amidst uncertainties and FUDs in the Binance community, the Binance Coin (BNB) fell below $230. Meanwhile, NuggetRush (NUGX), a new P2E memecoin, is experiencing rapid growth in its presale. At the time of writing, this top ICO has raised a substantial $700,000 and is gaining traction fast.
This article will explore notable developments in the crypto space, covering BNB and NuggetRush. Let’s dive in.
NuggetRush (NUGX): One of the Best Coins to Invest in—Over $700,000 Raised
NuggetRush (NUGX) is one of the few projects in the spotlight. It stands out for its fascinating combination of P2E, GameFi, and meme. The presale raising over $700,000 comes as little surprise.
Among the new ICOs on the market, it stands out for its real-world utility and dedication to charity and the community. As a play-to-earn platform, players will enjoy a thrilling gameplay experience and earn rewards. These collected in-game assets, including NFTs, can be traded on the marketplace and exchanged for gold or cash.
Although the presale is in its early stages, investing is safe and secure. The smart contract audit has been completed by SolidProof and passed with flying colors.
More importantly, the smart contract will be renounced after launch. This means the team will no longer have control over it, as ownership will be transferred to the community. Hence, it will be both trustless and transparent.
The presale is in its third stage, and a token is reasonably priced at $0.013. From its current price, experts predict there will be a 4,000% increase, positioning it as the best new crypto to invest in. You can become an early adopter and position yourself for staggering growth by following the link below.
Binance Coin (BNB): Fall Below $230
Binance Coin (BNB) is the utility token of the Binance crypto exchange, the largest in the world at the moment. The token is used for exclusive token sales and facilitating transactions. At the moment, BNB is one of the top altcoins on the market.
However, due to uncertainties surrounding the Binance exchange and the former CEO, Changpeng Zhao, the BNB token has seen a considerable decline. Last week, CZ and Binance pleaded guilty to criminal charges and money laundering violations in the ongoing lawsuit against the US Department of Justice (DOJ).
As part of the settlement, the former CEO had to step down. He will also pay $200 million in fines and face a maximum sentence of 10 years in prison. To drop these criminal charges, the DOJ requested a staggering $4.3 billion fine from the exchange.
With this lawsuit still ongoing—besides the SEC’s—there has been intense bearish pressure around BNB. It recently fell below $230 and might likely dip even further in the coming days. Nevertheless, as one of the top crypto coins available, BNB is predicted to weather these unsettling storms.
Conclusion
After a substantial drop, the price of Binance Coin (BNB) is currently below $230. This decline was brought on by uncertainty surrounding the Binance exchange. Meanwhile, a new initial coin offering, NuggetRush (NUGX), is stealing the spotlight and is primed for explosive growth.
Visit NuggetRush Presale Website
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Photo by Vadim Artyukhin on Unsplash
