{"id":665,"date":"2024-04-15T20:21:22","date_gmt":"2024-04-15T20:21:22","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/15\/uni-whales-dump-20m-following-sec-lawsuit-pivot-to-new-memecoin\/"},"modified":"2024-04-15T20:21:22","modified_gmt":"2024-04-15T20:21:22","slug":"uni-whales-dump-20m-following-sec-lawsuit-pivot-to-new-memecoin","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/15\/uni-whales-dump-20m-following-sec-lawsuit-pivot-to-new-memecoin\/","title":{"rendered":"UNI whales dump $20m following SEC lawsuit, pivot to new memecoin"},"content":{"rendered":"<p>The content and materials on this page are for educational purposes only. Uniswap is facing a potential SEC lawsuit, leading to a sharp decline in UNI&#8217;s price and causing major whale investors to offload their tokens.<\/p>\n<p>At the same time, NuggetRush is preparing for its launch, with its presale closing soon. Three major whales sold UNI tokens worth approximately $20 million after news broke that Uniswap received a proposed lawsuit notice from United States regulators.<\/p>\n<p>This led to a significant drop in UNI&#8217;s price, reaching its lowest point in two months. Meanwhile, NuggetRush&#8217;s presale has attracted a large number of participants, resulting in the sale of over 270 million tokens.<\/p>\n<p>NuggetRush is a leading meme coin on the Ethereum blockchain, offering a play-to-earn (P2E) model that combines impact gaming and popular NFT collectibles. The article examines whether NuggetRush&#8217;s unique propositions will attract Uniswap whales, amidst Uniswap&#8217;s legal battle with the SEC.<\/p>\n<p>NuggetRush has seen significant interest from whales looking to bulk-buy its presale. Unlike many other top altcoins without tangible utility, NuggetRush has been praised for integrating meme culture and P2E mechanics.<\/p>\n<p>As a virtual mining platform, NuggetRush promises an immersive gameplay experience and real rewards for players. In-game rewards and popular NFT items acquired can be traded and exchanged for real gold and cash in NuggetRush&#8217;s marketplace.<\/p>\n<p>NuggetRush&#8217;s presale is in its final round, with each token priced at $0.02. The project has sold over 270 million tokens and raised over $3.8 million.<\/p>\n<p>The decline in UNI&#8217;s price is linked to this, as it further extended its monthly losses amid the news. Uniswap founder Hayden Adams expressed frustration and disappointment with the SEC&#8217;s actions, emphasizing Uniswap&#8217;s commitment to investor protection and market efficiency.<\/p>\n<p>As a result of these developments, whales have exited Uniswap and are turning to NuggetRush, a cryptocurrency ICO that offers real utility and growth progress. It&#8217;s important to note that this content is provided by a third party, and crypto.news does not endorse any products mentioned.<\/p>\n<p>Users are encouraged to conduct their own research before taking any actions related to the company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The content and materials on this page are for educational purposes only. Uniswap is facing a potential SEC lawsuit, leading to a sharp decline in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":664,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[],"class_list":["post-665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nuggetrush"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=665"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/665\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/664"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}