Crypto prices dropping after Binance sued by SEC, while some presales still increasing. Here’s why.

The cryptocurrency market experienced a significant drop in response to the US Securities and Exchange Commission (SEC) announcing a lawsuit against Binance, its US subsidiary Binance.US, and the exchange’s founder Changpeng Zhao (CZ). Bitcoin (BTC) and Ether (ETH) both dropped close to 5% and 4% respectively, with BTC hitting its lowest levels since March. The SEC is accusing Binance of offering unregistered securities to the public, including BNB and BUSD tokens, and alleges that Zhao and Binance engaged in deception, conflicts of interest, lack of disclosure, and evasion of the law. The lawsuit also includes allegations that several other coins offered by Binance are also unregistered securities. The SEC’s enforcement action against Binance adds to the uncertainty faced by the US crypto industry, which has been in a broad downtrend since mid-April. Investors may want to consider investing in low-cap crypto gems, but this is a high-risk play and not for the faint-hearted. Analysts at blockchain.com have identified three presales that they expect to keep pumping despite the broader uncertainty in the crypto market.

Wall Street Memes (WSM)

Wall Street Memes is a popular online community for retail investors. It gained prominence during the meme stock craze of 2021 and has recently expanded its relevance in the cryptocurrency space with a new presale of its associated $WSM token.

The presale has raised almost $4 million in just 10 days and follows the success of the Wall Street Bulls NFT collection in 2021, which sold out in 32 minutes and made $2.5 million.

The success of the $WSM presale is not surprising given the size of the Wall Street Memes community.

• Blockchain shares fall 10% after SEC sues Binance.
• Nansen reports Binance suffered $69M in net outflows in one hour following SEC charge.
• SEC sues Binance and CZ for disregarding rules.

The community has over 523,000 members on its wallstbets Instagram account, 214,000 on Twitter, and more than 100,000 across its two other Instagram channels, wallstgonewild and wallstbullsnft. In total, Wall Street Memes has a social community of one million degens, which analysts believe guarantees that the $WSM token will be listed on tier one crypto exchanges like Binance.

The $WSM token’s entire supply is reserved for the Wall Street Memes community, with no private sale or team allocation. 50% of the token supply is available in the presale, 30% as community rewards, 10% for CEX liquidity, and 10% for DEX liquidity.

With 30% of the supply allocated to community rewards, it is expected that airdrops to holders will be a significant part of the ecosystem. The first $WSM airdrop is open now.

To purchase $WSM tokens, you will need ETH, BNB, or USDT in your crypto wallet. Simply connect to the website to make your purchase. Analysts are already predicting 10x gains for Wall Street Memes when it lists on exchanges, and you can be a part of it.

Visit Wall Street Memes Here

Ecoterra (ECOTERRA)

Ecoterra (ECOTERRA) is the native cryptocurrency of a blockchain-run green ecosystem that incentivizes environmentally friendly behavior.

The project is building an all-in-one $ECOTERRA-powered web3 ecosystem that encourages recycling through its Recycle-to-Earn (R2E) system, facilitates trade in recycled materials, and encourages individuals and businesses to offset their carbon footprint.

The R2E app is supported in any country that uses Reverse Vending Machines (RVMs), making for a potential large market. As crypto’s adoption increases, nascent green web3 projects like ecoterra are expected to play an increasingly important role in global climate change efforts.

The crypto presale for ecoterra, which is currently running to fund the development of its platform, has been a resounding success. The project is in the fourth stage of its ECOTERRA token presale, with tokens priced at just $0.00925. It has raised over $4.8 million.

Visit ecoterra Here

yPredict (YPRED)

yPredict is a groundbreaking new AI-powered crypto trading and market intelligence platform. It is building a first-of-its-kind, institutional-grade crypto price prediction system that will help crypto investors discover the next explosive crypto with ease. The tool is powered by yPredict’s in-house deep data analysis and will remain free and open for all users to access.

yPredict offers investors much more than just crypto price predictions.

The project is focused on creating a cutting-edge cryptocurrency research and trading platform. The platform will provide traders and investors access to dozens of AI-powered signals, breakouts, pattern recognition, and social/news sentiment features. The start-up states this in its Lite paper.

The technology used to design the platform is state-of-the-art and is based on predictive models and data insights built by top 1% AI developers and quants.

The ypredict.ai marketplace will allow experts to earn recurring revenue by offering their model predictions or data research as trading signals, which traders and investors can subscribe to.

To fund the development of this revolutionary AI-powered crypto trading and market intelligence platform, yPredict is running a presale of the native $YPRED token. This token will power the platform.

The presale has just hit the massive $2 million milestone and is in its sixth stage, with $YPRED tokens selling for $0.09. However, the token will list across major exchanges for $0.12 later this year, providing paper gains of 33%.

Investors need to act quickly before the presale sells out. yPredict has a presale hard cap of $6.5 million, which could be hit in a couple of weeks if the presale continues to gain pace like it has in recent days.

Investors who get in now can secure gains of 33%, but the potential long-term upside of $YPRED could be even greater.

Buy yPredict Here