Written in CRYPTO he
May and June have been characterized as months that generated uncertainty in the cryptocurrency marketfrom the appearance of cryptomemes that attracted the attention of buyers to the lawsuit of the United States Securities and Exchange Commission (sec) to exchanges Binance and coinbase and other digital assets that considered them “values”.
Bitcoin has endured all these attacks, its current price does not exceed $25,600but it does show signs of recovery. As recorded by the specialized media, Be In Crypto, Michael Saylor, president of MicroStrategythe conditions exist for the BTC Have a competitive landscape.
Another factor that directly affects the behavior of the market and that is contrary to what was proposed by the SEC, is the response of Hong Kong towards exchange giving them their go-ahead, setting a precedent for regulators around the world.
Be In Crypto exemplified that if 100 euros (1,866 pesos) are invested in bitcoin, it is possible to generate benefits, thanks to the wide variety of factors that currently exist that would open windows of opportunity for the BTC; However, there is another currency that also attracts the eyes of investors and it is the $SPONGE.
What is $SPONGE?
The cryptocurrency meme It is one of the new projects with the greatest growth potential. The crypto inspired in sponge Bob generated interest in the market with 13,200 possible holders and more than 70,000 transactions; In addition, investors have placed more than $50,000 since its announcement.
According to data from Coinbase, another exchange sued by the SEC, there are currently more than 100,000 holders of $SPONGE; As for Uniswap, the cryptocurrency exchange, $SPONGE is also at the forefront as the most liquid memecoin, being the most solid of all those listed on this decentralized platform.
On the other hand, Be In Crypto explained that the price of this crypto is much less likely to move due to the activity of Whales short-sighted, than by holders of other memecoins, since a coin that is traded with high volumes means that there is more order flow and, therefore, more commission income for the centralized bag.
$SPONGE promises to bring profit to CEXby producing many more listings on exchanges of all sizes.
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