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Binance Adds LayerZero (ZRO) on Earn, Buy Crypto, Convert, Margin & Futures
Water Meme Coin Presale Raises $41 Million, Possibly The Largest Memecoin Presale To Date According to Odaily, the presale of the Water Meme coin has reportedly raised $41 million. The information was disclosed by ZachXBT, who also hinted that three crypto KOLs might have participated in the presale. Moonke Dev's analysis revealed that the presale began at 3 PM UTC on June 21. Within the first minute, approximately 200,000 SOL, worth about $26 million, were raised. Five minutes later, the amount raised increased to 300,000 SOL, equivalent to $40 million. The current fundraising has reached approximately $41 million. This significant amount raised could potentially make Water the largest Memecoin presale to date. The presale saw participation from over 26,000 wallets. The involvement of such a large number of wallets indicates the growing interest in the Water Meme coin and its potential impact on the crypto market.
Bipartisan Legislators Disagree Over Inclusion of Cryptocurrency in Stock Trading Bill According to Odaily, a disagreement has arisen between the initiators of a House stock ban legislation over whether the bipartisan bill restricting legislators' stock trading should also apply to their held cryptocurrencies. The bill, spearheaded by Democratic Representative Abigail Spanberger of Virginia and Republican Representative Chip Roy of Texas, requires stocks to be placed in a blind trust to prevent legislators from trading with privileged information. Spanberger insists that stocks and cryptocurrencies are similar as their values can be influenced by legislators. This conflict is the latest indicator of the emerging cryptocurrency industry's growing prominence in Washington. At the same time, over $100 million has been used to support the election of crypto-friendly politicians who may help create a more favorable regulatory environment. However, Roy does not share this view.
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