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In July 2023, the US SEC challenged Ripple's victory. Additionally, it has become clear that Tron's tokenization service is being adopted. Meanwhile, crypto investors are putting their capital into gaming companies like Nugget Rush (NUGX).
However, it remains to be seen whether NUGX can surpass XRP and TRX. Market analysts have mixed opinions on this matter.
Ripple lawyers prepare for possible SEC appeal
The legal battle between the SEC and Ripple is in its final week of relief-related discovery.
The parties intend to file briefs related to remedies related to violations of Section 5 of the Securities Act.
Ripple's lawyers are preparing for a possible appeal.
If the SEC appeals this ruling, it could have an impact on the XRP price.
On January 15th, XRP traded at $0.5759.
However, two weeks later, on January 31st, it fell 12.6% to $0.5032.
It subsequently recovered by 4.5% and reached $0.5261 on February 11th.
The July 13 ruling stated that programmatic sales of XRP do not meet the third requirement of the Howey test.
As a result, the court did not consider programmatic XRP sales to be a violation of securities laws.
If the SEC wins the appeal, XRP could fall to $0.4668.
Tron can lead real-world asset tokenization
According to the report, Tron is leading other projects in tokenizing real-world assets (RWA).
The platform is a major player in the stablecoin space and will account for one-third of the world's stablecoin volume by the end of 2023.
TRX continues to be strong and on an upward trend.
TRX was trading at $0.1081 on January 16th and rose 4% to $0.1125 on January 27th.
The coin added 10.4% and expanded to $0.1243 on February 11th.
Due to recent legal issues, Tron's stablecoin and RWA services may face difficulties.
Several government agencies have accused Tron of facilitating criminal transactions on its network.
Most experts expect TRX to rise 25.1% to $0.1556.
NuggetRush: Rewarding adventurous gamers
NuggetRush is a unique gaming product in the industry that has grown in popularity in recent years.
We provide an innovative mining experience on Ethereum. NuggetRush offers a glimpse into the future of Play-to-Earn games, which are becoming increasingly popular these days.
The game boasts exciting gameplay, group collaboration rewards, and NFT prizes.
NuggetRush offers an immersive experience with high-quality graphics that make mining feel real.
The game incorporates routine and complex tasks to provide a rewarding experience.
Players can use soil exploration techniques to find mineral-rich lands, and can earn high-value NFT characters with varying skill and luck levels to aid in their mining operations.
Some NFT characters have years of experience in mining natural resources. Some have entrepreneurship skills that help players get more value. Additionally, players can upgrade their NFTs to increase their efficiency and market value.
To date, over 179 million NUGX have been sold in the NuggetRush pre-sale. NUGX is trading at $0.018 and will rise 11.1% to $0.020 at launch.
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