TLDR
- Binance will end support for BUSD products on December 15, 2023, and withdrawals will be disabled on December 31.
- BNB has been gaining traction and is tipped to end the year above $240.
- NuggetRush appeals to enthusiasts due to its blend of P2E and memecoin, with its price expected to increase by 4,000%.
Binance announced on November 29 that it will end support for BUSD products on December 15, 2023. Withdrawals will be disabled for the stablecoin by December 31. This development has piqued curiosity and sparked questions.
Nevertheless, Binance Coin (BNB), the utility token of the Binance ecosystem, has been gaining traction despite market uncertainty and low sentiment.
Meanwhile, NuggetRush (NUGX), a P2E memecoin, has become a favorite among meme enthusiasts. In this post, we will cover Binance’s impending delist of BUSD in December and BNB’s upward trajectory.
Further, the post will explore the appeal of NuggetRush, explaining why it is one of the best coins to invest in now.
NuggetRush (NUGX): The Best New Crypto to Invest in
NuggetRush (NUGX) has captured the attention of investors thanks to its unique approach to cryptocurrency and blockchain. In addition, the top ICO has significant room for growth, resulting in a surge in interest.
A standout feature is its blend of play-to-earn (P2E), GameFi, impact gaming, and memes. This P2E game promises players thrilling gameplay and will reward them with tangible in-game assets.
Further, the ecosystem will reward active participants. 17% of the total token supply will be allocated to competition and ecosystem rewards. Therefore, by merely being active, users stand to earn tokens.
Additionally, the game will be more than just fun and thrills. A share of in-game purchases and rewards will be given to artisanal miners in underdeveloped countries.
The presale is currently in the third round, and a token costs only $0.013. Experts predict a 4,000% increase in its price after its launch. This puts it among the altcoins to buy for significant gains.
Binance: Impending Delisting of BUSD Stablecoin and the Rise in BNB’s Momentum
Binance recently announced it will delist and end support for the BUSD stablecoin in December. The reason cited was that Paxos has halted the minting of new BUSD. The exchange will cease support for BUSD products on December 15, 2023. Withdrawals will be halted days later, on December 31.
Users are urged to trade or convert their BUSD before withdrawals are disabled. Any unconverted BUSD balance will be automatically converted to FDUSD, except for users in a few countries.
Meanwhile, the utility token of the Binance ecosystem, BNB, has been gathering momentum. Despite the resignation of Changpeng Zhao and corruption charges against the exchange, the token has been gaining traction. BNB, at the time of writing, is trading below $230.
According to analysts, BNB will end the year trading around $240.
With a few weeks left before the end of 2023, the coming days promise to be exciting. Nevertheless, BNB is still one of the best cryptos to invest in. Hence, it is among the altcoins to watch before the year comes to an end.
Conclusion
Binance will delist and end support for BUSD this December, while BNB gains momentum. According to analysts, the price will trade above $240 before the end of 2023. Another token stirring up excitement is NuggetRush (NUGX), which is becoming a favorite among meme enthusiasts. Experts tip it for a 5,000% price increase after launch.
Visit NuggetRush Presale Website
Disclaimer: The text above is a press release that is not part of Cryptonews.com editorial content.
The post Binance to Delist and End Support for BUSD in December; BNB Gathers Momentum Amid Low Sentiment; NuggetRush Becomes Meme Enthusiasts’ Favorite appeared first on Cryptonews.
#PressReleases [Source: CryptoNews]