Investing in cryptocurrencies can be likened to riding a rollercoaster, complete with dizzying highs, steep drops, and overall craziness. The volatility and unpredictability of these digital currencies may appeal to some, but may also discourage others.
The year 2023 has been a bumpy ride for the crypto industry. The collapse of traditional banks such as Signature, Silvergate, and Silicon Valley initially caused a dip in the value of Bitcoin and Dogecoin. However, this was quickly remedied once investors realized that traditional banking systems are not as unassailable as they once thought.
This article will delve into three significant stories in the crypto world.
Elon Musk Replaces Twitter Logo With Dogecoin Icon; Dodge Surges 25%
The social media platform’s blue bird emblem was swapped with a roughly cropped ‘doge’ image related to Dogecoin cryptocurrency, as observed by Twitter users on Monday. Twitter and CEO Elon Musk failed to recognize the alteration for a considerable amount of time.
However, Musk subsequently mentioned the change through a meme, citing it as a nod to a joke a user had made regarding Elon acquiring Twitter and replacing the logo with Doge.
This action caused Dogecoin to experience an increase of over 25% in one day, soaring from $0.079 to $0.094.
Is The Sec Vs. Ripple Legal Battle Coming To A Close Soon?
The legal battle between Ripple Labs, the company responsible for the XRP token, and the US Securities and Exchanges Commission (SEC) has been ongoing for some time now, and the cryptocurrency community is wondering when it will come to a conclusion.
John Deaton, a lawyer representing Ripple, has suggested that there is no definitive timeline for the judge’s ruling, and it could take anywhere from a few hours to several months. Deaton noted that in previous cases, Judge Torres typically issued her summary judgment ruling within a few months of the Daubert/Experts’ decision, as conveyed by Deaton in a tweet.
The SEC accused Ripple Labs in December 2020 of conducting an unlawful coin offering of XRP tokens without registering the coin as a security. XRP’s value and 24-hour trading volume both suffered declines of 9.83% and 9.82%, respectively, last week.
Big Eyes Coin’s Presale Is Coming To A Close Earlier Than Expected!
Meme coin enthusiasts can rejoice as the presale for Big Eyes Coin is set to conclude on June 3rd, earlier than previously expected, which means that the launch of the Kitty coin is imminent. The cryptocurrency has garnered significant attention in the crypto community, amassing $33.09 million in funds raised during its presale. Big Eyes’ popularity can be attributed to its charitable contributions, with 5% of sales going towards ocean conservation organizations, and the appeal of its loot box system and mintable NFT cards.
Additionally, a promo code, BULLRUN250, is currently available, offering a 250% return on investment when used to purchase BIG tokens or loot boxes. With the presale set to end in a few months, it’s a good time to join in on the excitement.
Check Out Big Eyes Coin Via The Following Links:
Presale: https://buy.bigeyes.space/
NFTs: https://opensea.io/collection/big-eyes-lootbox-cards
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
