Cryptocurrency: 3 Meme Coins Poised To Note 200% Spike This June – Watcher Guru

This cryptocurrency world is ever-evolving and surprising. With new meme coins entering the space, the crypto realm is now basking in the meme coin mania surge, helping investors get a taste of its eccentricity and unique approach.

With a bullish surge captivating the sphere as of now, several altcoins and meme coins are now sitting on the verge of a massive price push, which can make investors millionaires only if they know how to carefully maneuver the rising crypto realm.

Here are the three top meme coins that are poised to peak at 200% this June.

Also Read: Pepe Price Prediction: How High Can It Surge This Week?

Shiba Inu has been dubbed the OG, or the original crypto meme coin, ruling the space for a long time. The token boasts a robust and dedicated crypto community with a thriving ecosystem that is ready to expand and explore to the fullest. Per CoinMarketcap, SHIB is currently trading at $0.0000262, up 12% in the last month. With the impending altcoin surge, the token has the potential to attract a large influx of investors this June.

According to CoinCodex, Shiba Inu may spike nearly 226% by June 29, thereby establishing a new price ATH in the process.

According to our current Shiba Inu price prediction, the price of Shiba Inu may rise by 226.80% and reach $0.00009127 by June 29, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 73 (greed). Shiba Inu recorded 15/30 (50%) green days with 5.12% price volatility over the last 30 days.

Another solid meme coin to have ruled the current bullish phase of the season, DogWifHat has outperformed several new meme coins to establish its supremacy in the space. The token is trading at the $3.41 price level at press time and is up 34% in the last month.

According to CoinCodex, WIF may surge by nearly 230% in June 2024, quadrupling its price to ascend to a new price threshold.

According to our current Dogwifhat price prediction, the price of Dogwifhat may rise by 229.78% and reach $12.37 by June 29, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 73 (greed). Dogwifhat recorded 14/30 (47%) green days with 9.91% price volatility over the last 30 days.

Banking on the recent GME price surge, Pepe is now basking in its recent price action glory. The token has already established a new price, ATH, this month, and it seems like its already out on a roll to ascend even higher than before. Per CMC, Pepe is currently trading at $0.00001341, up 90% in the last month.

Also Read: 3 Reasons Why Cardano (ADA) Is Bound For A Future Breakthrough

According to CoinCodex, the green frog-themed token can ascend higher to trade at the $0.00004829 price threshold.

The price of Pepe Coin may rise by 226.32% and reach $0.00004829 by June 29, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 73 (greed). Pepe Coin recorded 17/30 (57%) green days with 28.16% price volatility over the last 30 days.

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Cryptocurrency: 3 Meme Coins Poised To Note 200% Spike This June - Watcher Guru

Cryptocurrency prices: Check today’s rates of Bitcoin, Ethereum, Dogecoin, Solana – NewsBytes

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What's the story

Bitcoin has climbed 0.91% over the last 24 hours, trading at $68,394.45. It is 0.58% lower than the previous week. The second most popular token, Ethereum, has dropped 0.15% from yesterday to trade at $3,803.74. It has fallen 3.04% from last week. The market capitalization of Bitcoin and Ethereum now stands at $1,330.14 billion and $457.15 billion, respectively.

BNB is trading at $609.33, which is 0.79% up from yesterday and a 0.84% rise from last week. XRP is currently trading at $0.55 after falling down 0.43% in the last 24 hours. It is 2.85% down from last week. Cardano and Dogecoin are trading at $0.44 (down 0.69%) and $0.11 (down 0.26%), respectively.

Solana, Polka Dot, Shiba Inu, and Polygon are currently trading at $162.92 (down 1.81%), $7.04 (down 0.66%), $0.000022 (down 2.09%), and $0.66 (down 1.01%), respectively. Looking at the weekly chart, Solana has fallen 1.6%, while Polka Dot is down 5.89%. Shiba Inu has lost 0.11% of its value in the last seven days, whereas Polygon has declined 3.78%.

The top five gainers based on the 24 hour movement are Notcoin, Toncoin, Flare, Kaspa, and Gala. They are trading at $0.022 (up 19.52%), $6.80 (up 7.69%), $0.022 (up 6.44%), $0.11 (up 5.58%), and $0.044 (up 4.44%), respectively.

A stablecoin is a cryptocurrency with extremely low volatility. Its value is linked to a physical asset such as fiat currency or gold. Talking about some of the prominent tokens, Tether and USD Coin are trading at $0.99 (up 0.02%) and $1 (down 0.01%), respectively.

The biggest losers of the day are Synthetix, Bonk, ORDI, Beam, and BOOK OF MEME. They are trading at $2.65 (down 8.40%), $0.000033 (down 6.66%), $45.35 (down 6.59%), $0.022 (down 6.31%), and $0.011 (down 5.54%), respectively.

DeFi, short for decentralized finance, is an umbrella term for global, peer-to-peer financial services on public blockchains. Some of the popular DeFi tokens are Avalanche, Chainlink, Uniswap, Internet Computer, and Dai. They are trading at $35.02 (down 2.88%), $18.02 (down 1.96%), $9.59 (down 2.97%), $11.93 (down 1.38%), and $0.99 (up 0%), respectively.

Non-fungible tokens (NFTs) are cryptocurrencies that lack the attribute of fungibility, due to which they cannot be exchanged for one another. Some of the popular NFT tokens are Internet Computer, Render, Immutable, Stacks, and Theta Network. They are currently trading at $11.90 (down 1.63%), $9.93 (down 0.80%), $2.18 (down 1.80%), $1.85 (down 0.35%), and $2.10 (down 0.94%), respectively.

The current global crypto market cap is $2.53 trillion, a 0.27% increase over the last day. The total crypto market volume over the last 24 hours is $60.22 billion, which marks a 36.84% increase. Last month, the global crypto market cap was $2.21 trillion while three months back, the total capitalization stood at $2.35 trillion.

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Cryptocurrency case against Utah DEBT Box dismissed, SEC ordered to pay attorney fees – Salt Lake Tribune

(AP Andrew Harnik, File) A federal judge in Utah dismissed a case against a cryptocurrency company after ruling attorneys for the SEC misled him early on.

| May 31, 2024, 12:00 p.m.

| Updated: 4:12 p.m.

A judge has dismissed the Securities and Exchange Commissions fraud case against crypto brokers based in Utah and ordered the agency to pay their attorneys fees, which hands the $1.8 million tab to taxpayers.

In March, Chief District Court Judge Robert J. Shelby had formally sanctioned SEC attorneys in the case for presenting misleading evidence during their bid to freeze the assets of DEBT Box.

Shelby on Tuesday dismissed the case, as the SEC had requested, without prejudice. That means the agency can try again to prosecute DEBT Box, but the judge added the condition that any future charges must be filed in his court.

The SEC declined to comment any part of the ruling, including whether attorneys would bring a new case. The dismissal, the government attorneys said in court documents, will allow them to regroup, conduct a proper investigation and decide on the appropriate next steps.

DEBT Box celebrated the ruling on X (formerly Twitter) and called it a monumental victory, not just for D.E.B.T. Box but for the entire industry and our dedicated community.

DEBT Box was once based in Draper and now operates overseas. Nearly 30 defendants associated with the company were charged, and the $1.8 million in defense fees will be split between eight attorneys offices.

My clients are relieved that its over, for now, said Richard Hong, lead attorney for DEBT Box, in a phone call Wednesday. We are gratified by the judges rulings and the full attorney fee awarding.

The SEC charged last July that DEBT Box and its associates had lied to investors about virtually every aspect of the business and pocketed millions in fraudulent earnings. Attorneys asked Shelby for a temporary restraining order and asset freeze, which he granted in August 2023.

Shelby later determined that some of the SECs key evidence was incorrect or misleading. He reversed the restraining order that fall and sanctioned the agency in an 80-page March ruling that called the SECs conduct a gross misuse of power.

Hongs office, New York-based Morrison Cohen LLP, is owed the most in fees around $565,500 and was granted the full amount it requested. Shelby ruled that a straight fee based on actual cost accrued, and not adjusted for local markets was an appropriate sanction for bad faith conduct on the part of Commission attorneys.

Defendants have already been the victim of this misconduct and they should not be revictimized by being required to establish the prevailing local rates for this type of litigation, Shelby wrote.

DEBT Box was co-founded by Utah brothers Jason R. Anderson and Jacob S. Anderson, according to court documents. Its associates and co-defendants include several executives from Utah and Utah-registered businesses. The company now conducts limited operations overseas, according to an attorney.

An earlier motion to dismiss from SEC attorneys said the agency would refile its case against DEBT Box, and argued there is still evidence that retail investors have been and are being harmed.

The most recent motion, which Shelby approved, said the SEC has replaced the entire legal and investigative team handling the case in the last few months, and argued a dismissal would allow the new team to reinvestigate and determine whether to refile.

The SEC wants to ensure that its allegations are fully supported by the record before proceeding with the litigation, the motion said.

Hong said his team and his clients will wait and see if the agency brings a new case against them. A new investigation will take time, and once it is done, it could take an additional eight weeks to present a recommendation to the commission if investigators decide another case is warranted, according to the agencys motion to dismiss.

Well see what happens next, Hong said. But if the SEC brings further action, we will be ready for it.

Shannon Sollitt is a Report for America corps member covering business accountability and sustainability for The Salt Lake Tribune. Your donation to match our RFA grant helps keep her writing stories like this one; please consider making a tax-deductible gift of any amount today by clicking here.

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Cryptocurrency case against Utah DEBT Box dismissed, SEC ordered to pay attorney fees - Salt Lake Tribune

Max Keiser Reveals Epic Bitcoin Prediction for Old ‘New’ El Salvador President By U.Today – Investing.com

U.Today - Nayib Bukele started his second term as President of El Salvador yesterday, continuing his administration's pioneering efforts in cryptocurrency adoption. Since September 2021, has been the official legal tender in the South American country.

As a reminder, in his first term, Bukele has reaffirmed his commitment to purchasing one BTC daily into a cold wallet until the cryptocurrency can no longer be technically acquired.

Max Keiser, a big supporter of Bitcoin and advisor to the President, has come up with an ambitious plan for El Salvador during Bukele's second term. Keiser thinks that the countrys wealth will be more and more controlled by its citizens through decentralized Bitcoin nodes.

In this scenario, the President will propose initiatives that the public can fund through crowd-sourcing, effectively reinventing the social contract and operating the nation on a circular BTC-focused economy.

He also sees El Salvador becoming debt-free and using its geothermal and volcanic energy to power Bitcoin mining, aiming to control 10% of the global hash rate.

The country has already made significant progress in this direction, using geothermal energy from the Tecapa volcano to mine 473.5 BTC, which is worth about $29 million. Of the 102 MW generated by the countrys power plants, 1.5 MW is dedicated to Bitcoin mining.

According to data from Arkham, El Salvador currently holds 5,718 BTC, worth about $400.26 million. Keiser thinks this innovative approach will reduce the influence of central banks and make international financial institutions like the IMF irrelevant in the countrys economic policies.

This article was originally published on U.Today

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