SEC Official Disapproves Of Tether: Is Crypto Dead? Buy These Coins To Revive Your Portfolio

The crypto industry has had its fair share of approvals and rejections, the most recent addition is John Reed Stark’s call for Tether’s ban. This can make investors think “Is crypto dead?”. However, we think you could buy these coins to revive your portfolio, including Shiba Inu, Stellar, and the brand new Ape Brigade, approaching launch.

John Reed Stark Asks For Tether Ban

John Reed Stark, a former official of the U.S. Securities and Exchange Commission (SEC), has urged U.S. financial regulators to ban crypto companies from offering Tether USDT. In a lengthy Twitter post, he described Tether as a “mammoth house of cards” and expressed concerns about its unaudited and unconfirmed reserves. Stark also criticized Tether’s attestation process and called for a ban on the stablecoin. Ontario, Canada, has already banned crypto platforms from offering Tether USDT, while Crypto.com has delisted USDT for Canadians. Despite these issues, Tether remains the largest stablecoin with a market cap of $82.53 billion.

Stellar: Fast And Convenient

XLM, the cryptocurrency of Stellar Lumens, is commonly utilized in industries like logistics, remittance, and borderless payments. With the platform, assets can be transferred worldwide in a quick, secure, and dependable manner. The currency can represent any form of money, including dollars, pesos, euros, and Bitcoins, and can be exchanged using Lumens. Using XLM, users can perform low-cost and immediate cross-border payments. Additionally, the platform allows users to issue tokens through ICOs or raise funds, similar to Ethereum. Despite being a penny cryptocurrency, Stellar has real-world applications that continuously increase its value over time. Therefore, if you are searching for penny cryptocurrencies to invest in, it’s recommended to choose those with practical applications.

Shiba Inu: The Dogecoin Killer

Shiba Inu (SHIB), created as a rival to Dogecoin in 2020, has become the second biggest meme token in the market, supported by a passionate community. The token has initiatives such as the Shiba Inu Rescue Association, which receives a percentage of every transaction. It also has its own Decentralized Exchange, NFT Art Incubator, personalized cold wallet, and a game in development. The SHIB NFT Collection sold out in 30 minutes in 2021. Although SHIB has had a lackluster performance in April 2023, overall bullish sentiment and analysts suggest SHIB could surpass Dogecoin and live up to its “Dogecoin Killer” nickname within a year.

Ape Brigade: The Saviour of Apes

Ape Brigade (APES) is creating quite the buzz, as the new meme coin is getting ready to launch. Though the meme coin is in the initial stage of its presale, it is aiming to dominate the market, and there are reasons to believe it could succeed.

Ape Brigade has many features that benefit its community, including locking 20% of its supply in a liquidity pool to increase stability and liquidity. Additionally, it has a staking system in place that rewards users who stake APES, and 15% of the total supply is reserved for staking rewards. The system is fair, transparent, and designed to maximize community benefits by considering the number of APES staked and the time it has been staked.

The Ape Team is passionate about animals, particularly apes, and aims to promote conservation efforts aimed at saving them and other wildlife. To that end, 10% of the total supply will be set aside for this cause.

APES is technologically advanced as an ERC-20 token that operates on the Ethereum blockchain, offering security, transparency, and accessibility to anyone with an internet connection. The coin’s roadmap includes a highly anticipated NFT space that will be a critical part of its ecosystem.

Find Out More About Ape Brigade (APES)

Presale: https://apebrigade.io/how-to-buy

Website: https://apebrigade.io/

Telegram: https://t.me/ApeBrigadeOfficial