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With the rapid growth and increasing adoption of cryptocurrencies, many investors and traders are looking to enter this dynamic market. However, the vast array of established cryptocurrency platforms like Shiba Inu (SHIB) and Ethereum (ETH) can make it challenging for new and old investors to determine which platform best fits their investment goals.
Numerous investors have seen significant gains from investing in innovative and profitable crypto platforms like Ethereum (ETH) and Shiba Inu (SHIB). Similarly, these investors have also made unrecoverable losses from investing in unpredictable and unstable market conditions. As the crypto industry evolves, innovations and projects emerge, exploiting market trends and providing investors with a safe and profitable investment portfolio. A great example of an innovative crypto platform to keep an eye on is Golteum’s multi-asset trading platform as its round 2 presale launches.
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Shiba Inu (SHIB) Dashes Investors’ Expectations
Shiba Inu (SHIB), an ERC-20 token and popular memecoin that gained popularity as the “Dogecoin Killer,” has experienced a significant price decline, leaving many of its holders in a precarious position. The sharp decrease in SHIB’s token value has resulted in approximately 80% of SHIB holders feeling their crypto investments are worth less than they initially paid.
Over the past few weeks, the price of Shiba Inu (SHIB) has remained stagnant, failing to break above $0.0000080. This lack of upward momentum has frustrated investors who had hoped for substantial gains. The lack of active buying or support from SHIB whales has also created a void in market demand, making it difficult for Shiba Inu (SHIB) cryptocurrency to regain positive price momentum.
Given the prevailing market conditions, it is likely that Shiba Inu (SHIB) token price may face further declines soon. The lack of favorable market conditions, combined with the absence of whale support, creates a challenging environment for the token’s recovery.
Ethereum (ETH) Co-founder Vitalik Buterin Opposes SEC Pursuit of Cryptocurrency, Calls For Fairer Outcome
The cryptocurrency industry has recently been met with increased regulatory scrutiny, with the United States Securities and Exchange Commission (SEC) playing a significant role in shaping the cryptocurrency regulatory landscape. Ethereum (ETH) co-founder, Vitalik Buterin, has expressed concerns about the SEC’s hot pursuit of support tokens and its potential negative impact on the crypto ecosystem.
Buterin explained that Solana, a renowned smart contracts cryptocurrency and blockchain platform, has been one of the victims of the SEC’s investigations. The regulatory pressure has created uncertainty and challenges for many cryptocurrency projects. However, the rampant lawsuits have not directly affected Ethereum (ETH). Ethereum (ETH) currently ranks as one of the few cryptocurrencies the SEC has not deemed a security.
Buterin also emphasized that the real Ethereum (ETH) competition does not come from other blockchain projects but from the centralized world. He believes that the centralized financial system, with its traditional infrastructure, poses a significant challenge to the adoption and growth of decentralized cryptocurrencies.
Golteum (GLTM) Captivates Investors with Discounted Pre-Sales and Secure Precious Metal Investments
Golteum stands out with its unique value proposition of combining blockchain technology with investments in precious metals. Golteum allows users to buy, sell, and trade asset-backed NFTs with an equivalent value of real-world precious metals like gold and silver. These tokenized precious metals will serve more than just idle assets like traditional precious metals market. These tokenized assets will open the door of DeFi possibilities and users will be able to lend, borrow, and stake, backed by their precious metals.
By incorporating Fireblock’s Web3 Engine, Golteum’s secure and transparent blockchain infrastructure ensures the authenticity and traceability of precious metal investments. Golteum’s partnership with Fireblocks will also benefit the multi-asset platform with advanced tokenization mechanisms, treasury management solutions, and risk mitigation tools.
Golteum has also undergone a stringent KYC verification and audit process by Certik, a leading blockchain, and Web3 security-focused company. Golteum offers investors a user-friendly platform to track their metal investments in real-time.
Golteum’s second presale round is currently ongoing and selling out fast. The multi-asset Web3 project offers a 15% bonus in its second presale stage on the GLTM token, enabling investors to acquire precious metals at reduced prices. Now is the best time to explore this innovative investment platform, as Golteum’s price will increase as the project advances. Now GLTM token price is going for only $0.012, rising from 0.0074 in the private sale. Experts also predict that GLTM holders will see a 700% return on investments as they invest with Golteum’s metal-backed Web3 platform.
Buy GLTM now and claim the 15% bonus while the offer lasts.
For more information about the GLTM Presale:
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*This article was paid for Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2023/07/05/golteum-rises-prominence-crypto-market/