This week the crypto industry experienced some major events. Binance settled with the SEC and agreed to pay $4.3 billion and Changpeng Zhao, the company’s founder and CEO, agreed to step down and pay a $50 million fine. On the other hand, Kraken was sued by the SEC for operating as an unregistered securities exchange.
The crypto fear and greed index remained in the green even as the market cap of all digital currencies reached $1.5 trillion. Bitcoin surged to over $38,000 while tokens like Superverse (SUPER), GameSwift, and EthereumPoW more than doubled.
Memeinator continued its token sale, raising over $1.4 million from investors. The developers are aiming to take advantage of two themes: meme coins and artificial intelligence (AI). AI tokens like SingularityNET (AGIX) and Fetch AI have been some of the best performers in the industry. However, there are risks for investing in Memeinator, so it’s important to remember to only invest funds that can be lost.
