{"id":18936,"date":"2023-06-06T12:01:11","date_gmt":"2023-06-06T16:01:11","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/bitcoin-ethereum-meme-coins-bounce-after-escaping-sec-wrath\/"},"modified":"2023-06-06T12:01:12","modified_gmt":"2023-06-06T16:01:12","slug":"bitcoin-ethereum-meme-coins-bounce-after-escaping-sec-wrath","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=18936","title":{"rendered":"Bitcoin, Ethereum & Meme Coins Bounce After Escaping SEC Wrath"},"content":{"rendered":"
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Despite a new round of regulatory FUD (fear, uncertainty and doubt) from the US Securities and Exchange Commission (SEC) in wake of their just-announced lawsuit against Coinbase, crypto prices are rising again.<\/p>\n

Bitcoin (BTC), Ether (ETH) and a number of meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) were all trading in the green on Tuesday.<\/p>\n

BTC was last in the $26,000, ETH in the $1,840 area, DOGE just under $0.07 and SHIB near $0.000008, all sharply up from Monday\u2019s lows.<\/p>\n

In the two SEC lawsuits announced this week against Binance and Coinbase, the regulatory agency has accused a number of cryptocurrencies of being unregistered securities, including major blue-chip names like BNB, BUSD, Cardano (ADA), Solana (SOL), Cosmos (ATOM) and many more.<\/p>\n

Whilst these cryptocurrencies remain subdued on Tuesday, the above-mentioned cryptocurrencies like BTC, ETH, SHIB and DOGE all escaped the SEC\u2019s wrath.<\/p>\n

If the SEC doesn\u2019t deem these cryptocurrencies as securities, then there is limited risk that US-based crypto exchanges will be forced to de-list them.<\/p>\n

In that sense, these cryptocurrencies may be acting as something of a safe haven against regulatory FUD right now, with investors moving out of coins that might be deemed a security and face high regulations, into coins that don\u2019t face this risk.<\/p>\n

The SEC\u2019s regulatory FUD may still weigh on the Bitcoin and Ether price, given that it sends a chill across the US crypto sector, stymying investment and development and slowing progress toward crypto adoption (in the US at least).<\/p>\n

But the coins that escaped the SEC\u2019s wrath may well outperform those at risk of being labeled a security for the foreseeable future.<\/p>\n

With all of the above being said, investors looking to invest in crypto presales \u2013 a high-risk strategy, but with a proven track record of producing the best short-term gains \u2013 might want to check out those that are selling a token listed on the Ethereum blockchain, given it looks like it is going to face less near-term regulatory scrutiny.<\/p>\n

Here are a few of the top projects being monitored by analysts at Cryptonews.com.<\/p>\n

Wall Street Memes (WSM)<\/strong><\/h2>\n

Wall Street Memes\u00a0is one of the internet\u2019s hottest retail investing communities that previously rose to prominence in the meme stock craze of 2021, but has recently been expanding its relevance within the cryptocurrency space with a new presale of its associated $WSM token.<\/p>\n

The presale, which has raised $4.5 million only 11 days, has already surpassed 2021\u2019s highly successful mint of the\u00a0Wall Street Bulls 10,000 piece NFT collection, which famously made $2.5 million and sold out in 32 minutes.<\/p>\n

The success of the $WSM presale is hardly surprising, given the size of the Wall Street Memes community.<\/p>\n

Not only are there 523k hyper-engaged community members on its\u00a0wallstbets Instagram account, there are another 214k on Twitter and more than 100k across its two other\u00a0Instagram channels, wallstgonewild\u00a0and\u00a0wallstbullsnft.<\/p>\n

All told, Wall Street Memes has a 1 million-strong social community of degens, which analysts think all but guarantees that the $WSM token will be listed on tier 1 crypto exchanges like Binance.<\/p>\n

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And in fitting with its focus on empowering the little guy, 100% of the token supply is for the Wall Street Memes community \u2013 there is no behind-the-scenes private sale and no team allocation largesse.<\/p>\n

50% of the token supply is available in the presale; 30% as community rewards; 10% for CEX liquidity and 10% for DEX liquidity.<\/p>\n

With 30% of the supply allocated to community rewards, it can reasonably be expected that airdrops to holders will be a big part of the ecosystem.<\/p>\n

Indeed, the first\u00a0$WSM airdrop\u00a0is open now.\u00a0Join the discord, connect socials, engage on socials, buy and trade $WSM to be eligible to receive the drop.<\/p>\n

To buy $WSM tokens you will need ETH, BNB or USDT (ERC-20 or BEP-20 versions accepted) in your crypto wallet. Simply connect at the website to make your purchase.<\/p>\n

Analysts\u00a0are already predicting 10x gains for Wall Street Memes when it lists on exchanges and you can be a part of it.<\/p>\n

Visit Wall Street Memes Here<\/strong><\/p>\n

AiDoge ($AI)<\/strong><\/h2>\n

The blowout rate at which\u00a0AiDoge\u2019s\u00a0crypto presale sold out (more than $14.9 million was raised in only a few weeks), suggests many investors think that AiDoge could be the next big meme coin to blow.<\/p>\n

The up-and-coming memecoin project, which utilizes revolutionary generative $AI technology in its viral meme-making social media platform and investors can still secure $AI tokens at the exchange listing price of $0.0000336.<\/p>\n

AiDoge, not to be confused with Arbitrum-based ArbDoge (with the ticker AIDOGE), is building a revolutionary new crypto-powered web3 platform that will allow users to share and vote on memes created by users via the platform\u2019s breakthrough AI technology.<\/p>\n

Users of the platform who create the best memes will be rewarded financially in the form of AiDoge\u2019s native $AI token.<\/p>\n

This revolutionary new concept of \u201cmeme-to-earn\u201d (M2E) introduced by AiDoge is expected to be a game changer.<\/p>\n

For the first time, the internet\u2019s best meme creators will be able to turn their hobby into a viable income stream, all whilst the blockchain technology that underpins the AiDoge platform protects their ownership rights over their content.<\/p>\n

Given the total token supply of 1 trillion, AiDoge will debut on major cryptocurrency exchanges with a fully diluted market cap of $33.6 million.<\/p>\n

But many analysts think this fully diluted market cap could go a lot higher, as AiDoge rides the dual waves of growing interest in both AI technology and meme coins.<\/p>\n

Investors will be able to claim their tokens in 13 days when the cryptocurrency launches.<\/p>\n

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Visit AiDoge Here<\/strong><\/p>\n

Ecoterra (ECOTERRA)<\/strong><\/h2>\n

Ecoterra\u00a0(ECOTERRA) is the native cryptocurrency of a blockchain-run green ecosystem that incentivizes environmentally friendly behavior.<\/p>\n

As outlined in the\u00a0project\u2019s Whitepaper, the\u00a0award-winning<\/a>\u00a0project is building an all-in-one $ECOTERRA-powered web3 ecosystem, designed to encourage recycling via its first-of-its-kind Recycle-to-Earn (R2E) system, facilitate trade in recycled materials and encourage individuals and businesses to offset their carbon footprint.<\/p>\n

The green web3 start-up\u2019s R2E app is supported in any country that uses Reverse Vending Machines (RVMs), meaning a huge potential market.<\/p>\n

Nascent green web3 projects like\u00a0ecoterra\u00a0are expected to play an increasingly important role in global efforts to address climate change in the decades ahead as crypto\u2019s broader adoption increases.<\/p>\n

It\u2019s no wonder then that the crypto presale that\u00a0ecoterra\u00a0is currently running in order to fund the development of its platform has been a resounding success, having already raked in a massive $4.8 million.<\/p>\n

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And investors are running out of time to secure $ECOTERRA tokens at the current price of $0.00925 as, when the presale hits $5.7 million, the price will go up 8% to $0.01.<\/p>\n

Nascent green web3 projects like ecoterra are expected to play an increasingly important role in global efforts to address climate change in the decades ahead as crypto\u2019s broader adoption increases.<\/p>\n

It\u2019s no wonder then that popular crypto presale analysts like\u00a0Jacob Crypto Bury\u00a0and\u00a0Crypto Gains\u00a0are predicting big potential upside for the $ECOTERRA token.<\/p>\n

Visit ecoterra Here<\/strong><\/p>\n<\/p><\/div>\n