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How will the cryptocurrency market change from the unexpected decisions of the SEC with Token Meme?
The cryptocurrency market has witnessed a wave of volatility in May 2024, stemming from surprises about regulations and the resurgence of meme tokens. Most notably, the approval from the U.S. Securities and Exchange Commission (SEC) to change rules, which may soon allow the launch of Ethereum ETF. This pivotal decision has not only altered market dynamics but also ignited interest in various meme tokens across blockchain networks. In the near future, the adjustment is expected to be a moonshot for memecoins.