P2E Gamefi

Breaking: Resilient Meme Coin Surges Amidst Market Turmoil Following CZ Sentencing

Changpeng Zhao has been sentenced to four months in prison, despite the Department of Justice’s request for a longer term. The crypto market has seen a dip after the sentencing of the Binance founder, leading to a decline in BTC and ETH prices. Meanwhile, the Kangamoon presale has gained momentum, raising over $6 million and selling over 79% of $KANG tokens.

The global crypto market experienced an 8.17% decrease following the sentencing of Changpeng Zhao. Bitcoin (BTC) and Ethereum (ETH) prices took a hit, dropping by 9.03% and 9.16% respectively over the last 24 hours. At the time of writing, BTC was priced at $57,454.33, while ETH stood at $2,867.59. Despite the overall market downturn, Kangamoon, a new meme coin, is offering an investment opportunity through its presale.

Changpeng Zhao, also known as “CZ,” was sentenced to four months in prison for money laundering violations at Binance. This sentence comes after U.S. District Judge Richard Jones rejected the DOJ’s request for a longer imprisonment. Despite the penalties imposed on Binance, Zhao’s sentence was shorter, reflecting the judge’s decision. The prosecution argued for a longer sentence, highlighting Binance’s misconduct, failure to comply with U.S. laws, and support for illicit activities. The defense maintained that Zhao’s actions were mistakes in judgment, and he aimed to have a positive impact on the crypto industry.

Kangamoon, a meme coin project, has seen significant interest in its presale, raising over $6 million and selling 79.3% of tokens. Participants can engage in SocialFi and Play To Earn (P2E) activities to earn $KANG tokens and rewards. The presale offers $KANG tokens at a price of $0.0196 before it ends. Despite the market downturn, Kangamoon’s presale continues to attract investment interest.

Leave a Reply

Your email address will not be published. Required fields are marked *

Our Company

Get Latest Updates!

    Get all the latest updates on the crypto scene, including access to exclusive airdrops.

    cryptochronicle.xyz @2024. All Rights Reserved.