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Amid intense Rally #SHIB overshadows #Tron

According to data from #CoinMarketCap, SHIB’s price is on a dramatic 44% increase exceeding Tron (TRX).

SHIB currency has already surpassed Tron and moved up to position 13.

#Shiba Inu is currently closing in on Dai (#DAI), a stablecoin that has had a rebound since the early May crash of rival #TerraUSD.
The year 2022 has been turned a rough year for the entire #crypto industry. The price of #bitcoin has plunged 65% since the start of the year, the collapse of #TerraUSD, #Luna, and some largest crypto #exchanges like #FTX, which used to be the world’s fourth largest crypto exchange.

Here are some of the major crypto companies' bankruptcy in 2022.

Read More: https://www.linkedin.com/feed/update/urn:li:activity:7009745329323474944
How does the SEC's lawsuit against Terraform Labs impact the #cryptocurrency market and investor confidence in #stablecoins?

The SEC is suing
#Terraform Labs for misleading investors about #TerraUSD. Kwon's lawyer argues against Kwon being questioned in the US.

🔥Click Below to Read👀this Interesting Information🔥
https://coinpedia.org/news/sec-lawsuit-against-terraform-labs-do-kwons-attorney-fights-extradition-request/
🚨 BREAKING: Reuter Reports #Terraform Labs, Creator of #TerraUSD Stablecoin, Files Chapter 11 #Bankruptcy in the United States.

https://coinpedia.org/news/breaking-news-terraform-labs-files-for-bankruptcy/

#Crypto #Cryptonews