Bittrex Files For Bankruptcy Post SEC Riff While Ape Brigade Is Out To Take Over The Crypto World

However, amidst all this chaos, a new player has entered the field –Ape Brigade (APES). With a presale that’s caused quite the buzz, this meme coin is aiming to take over the market. Read on to know it all!

Bittrex Yields to SEC Row

Seattle-based cryptocurrency exchange Bittrex Inc. has filed for bankruptcy protection after being accused by the US Securities and Exchange Commission (SEC) of running an unregistered securities exchange. Bittrex has ceased its operations in the US but clarified that Bittrex Global, which serves non-US customers from Liechtenstein, will not be affected.

The company’s assets and liabilities were both estimated to be between $500 million and $1 billion, according to the bankruptcy petition filed in Delaware court. Bittrex is still holding the crypto assets of US customers who failed to withdraw their funds before the end of April.

The exchange said that these assets are “safe and secure”, and that it intends to ask the bankruptcy court for a limited reopening of customer accounts to allow for the return of the crypto to its owners.

Solana Backed up by Community

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Solana’s current price is $21.26 with a 2% intraday loss, and it is currently testing the support trendline of a flag pattern. Despite the price drop, buyers are still defending the support, indicating a potential bullish reversal. If this reversal occurs, it could trigger a bull cycle and a rally to the pattern’s overhead trendline, resulting in a potential 20% increase in price.

Ape Brigade Making Waves

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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 apes 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 

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