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In the world of cryptocurrency, this week has been eventful. Rep. Maxine Waters has revealed progress on a stablecoin bill that will regulate stablecoins and their issuance. Dogecoin has defied its decline and outshined its memecoin rivals, thanks to strong metrics and speculation fueled by Elon Musk. GameStop Coin has seen a 100% rise and is being dubbed “legendary” by the crypto community. Analyst Ali Martinez has predicted a potential rally for Shiba Inu, also known as the “Dogecoin Killer.” And major cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin have experienced a significant surge.
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