Youtubers are still optimistic about Wall Street memes, although the crypto prices have collapsed against Binance after the SEC lawsuit

Youtubers are still optimistic about Wall Street memes, although the crypto prices have collapsed against Binance after the SEC lawsuit

There were 24 hours full of challenges for crypto investors, since most coins and tokens recorded significant losses after it became known that the US stock exchange supervision SEC had filed a lawsuit against Binance and his CEO Changpeng Zhao.

Bitcoin (BTC) and Ethereum (ETH) fell by over 5 %after the message became known, since investors decided to sell their crypto assets.

For these investors, however, there were some glimmer of hope, since several prominent crypto personalities continue to support Wall Street Memes (WSM)-which has now exceeded the $ 4.4 million mark in advance.

second is against Binance - how is the cryptoma market going?

According to the NPR, the SEC 13 charges against Binance and Changpeng Zhao submitted, which is one of the most important events on the cryptom market this year.

ZHAO and his company are misleading of investors, misuse of customer money, non-registered token offers and other violations of securities laws.

In addition, the SEC claimed that Binance and Zhao were well aware of their actions and operated an extensive deception to benefit from the actions of investors.

Binance has rejected all the SEC allegations and explained that she cooperated and even tried to reach an agreement during the ongoing examination. However, the Sec had other plans.

This step of the SEC underlines the growing attention of the cryptom market and its participants. These measures will probably have a significant impact on US investors in the future-but also on prices important coins and tokens.

In the course of these events, Bitcoin fell to $ 25,400, the lowest value since mid-March, while Ethereum crashed to $ 1,780.

The following heat map shows a sea of ​​red, whereby only a handful of cryptos of the downward shaft can resist.

Many analysts now believe that this could be the beginning of a longer downturn because the US regulators further increase the pressure on the market.

However, such measures were criticized by many big names in the industry, for example by Coinbase CEO Brian Armstrong.

The crypto community is now nervous and is waiting for further developments and their possible effects.

Although it is still too early to speculate against Binance via the outcome of the legal dispute, some legal experts suspect that there could be severe punishment for the stock exchange if the lawsuit does not go out in its favor - which could lead to restrictions on their business.

While the Saga continues to develop, investors worldwide set up for further downward movements - which means that the next few weeks will be decisive for the development of the cryptoma market.

Wall Street Memes defies market turbulence and collects $ 4.4 million

In the middle of the market turbulence, a new cryptocurrency, Wall Street Memes (WSM), is steadfast and holds the downward movement.

Wall Street Memes created a niche after the start of the advance booking on May 26, his supporters gathered and contributed to raising over $ 4.4 million in financial resources.

Although the broader cryptoma market has suffered a blow, Wall Street Memes (WSM) have remained resistant - and have become a hot topic among influential YouTubers in the crypto area.

my Financial Friend, a YouTuber with over 236,000 subscribers, recently published a video in which he discusses the WSM token in glowing words and speculates that it could be the next 10x meme Coin.

In addition, the leading YouTube analyst Michael Wrubel also published a video encryption from Wall Street Memes project and pointed out that the strength of his community was one of the main reasons for judging his prospects so optimistically.

The strong community of Wall Street Memes, in combination with the support of these YouTuber, caused a sensation for the project-the official Discord server recorded a massive influx of new members.

currently Wall Street Memes is located in phase 9 of its 30-stage pre-sale, which means that investors can buy WSM tokens for only $ 0.0274 before they appear on the stock exchanges later this year.

However, only 20 million tokens are available in every phase-as soon as they are used up, the token price increases in the following phase.

Visit the pre -sale of Wall Street Memes

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