Crypto Roundup: Highlights of the Week for Bitcoin, Ethereum, Dogecoin, Ripple, SHIB, ApeMax, and Tether

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This week saw a range of noteworthy developments and volatility in the crypto markets. From the fluctuating prices of popular cryptos such as DOGE, ETH, BTC, XRP, SHIB, and Tether (USDT) to the emergence of the promising ApeMax presale, here’s a recap of the week’s crypto highlights.

Bitcoin (BTC) had a slight price increase, with trading over $25,000 before the weekend and climbing to $26,500 by Monday. The rise in popularity of Bitcoin Ordinals, which allow data storage similar to NFTs, was also seen with over 11 million inscriptions minted on-chain. ApeMax, a new coin, made waves through its presale, providing buyers with attractive prices for a limited time. Its unique earning tokenomics, which supports various entities such as content creators, artists, influencers, charitable organizations, and DeFi protocols, attracted attention.

Ethereum (ETH) experienced a price recovery, trading at $1,726 after reaching a low of $1,629 last week. The ETH chain also saw the launch of a new inscription protocol called “Ethscriptions”, which offers a cheaper and more decentralized means of minting on the Ethereum chain. Shiba Inu (SHIB) displayed an increase in price, reaching $0.0000072 on June 19th. This surge was likely due to SHIB token burn activities. Ripple (XRP) maintained a relatively stable price, hovering between $0.46 and $0.50 since June 15th. The ongoing legal dispute between Ripple and the SEC continues to create uncertainty. Tether (USDT) had a brief dip to $0.9959 on June 15th before returning to trading near $1. Dogecoin (DOGE) trended upwards, reaching $0.062 on June 19th.

It is essential to understand the risks associated with investing in crypto. Cryptocurrencies are highly volatile, so buyers should approach them with caution. Conducting due diligence (DYOR) and researching market dynamics is important for making informed investment decisions. ApeMax tokens are not available for purchase in certain blocked countries, including the USA, Canada, and sanctioned countries.

Staying informed about crypto news, trends, and regulatory developments is key for investors. While crypto offers exciting opportunities, it is essential to understand the risks involved. With this comprehensive overview, we hope to provide readers with a better understanding of the ever-evolving crypto landscape.

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