The United States Securities and Exchange Commission (SEC) recently took a swipe at the cryptocurrency market, hitting global stable coins like Bitcoin (BTC) and Litecoin (LTC). Despite this, Golteum (GLTM) stands like a diamond in the rough, undaunted by the recent challenges.
This financial watchdog cited regulatory breaches and deception as reasons for the legal onslaught. But GLTM has a transparent operating system protecting it from situations like these. This makes it the coin to watch for at the nearest possible time.
Effect of SEC Crackdown on Bitcoin (BTC) Price
Crypto tokens generally plunged after the SEC sued Binance and Coinbase last week. However, Bitcoin (BTC) seems stable and will likely experience only minimal price fluctuations. Investors seem to be waiting for the outcome of the SEC lawsuit to determine the way forward. Thus, many things are at a standstill pending the unfolding of these events.
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But Bitcoin (BTC) still manages to hold its ground, showing resilience in the face of these turmoils. Currently, its supply seems to be the worst hit at this time. According to Pymnts, Bitcoin supply has hit an all-time low of 6.4%, the lowest since February 2018. Traders are now moving their Bitcoin (BTC) units to self-custody pending the lawsuit's outcome.
Experts predict that this trend will linger until the next foreseeable future. Although Bitcoin is the world’s most traded cryptocurrency, it experienced a sharp dip last Monday before stabilizing the next day.
These surprises show a need for a strong coin like the GLTM to fill the sudden gap created in the crypto market.
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Litecoin (LTC) Since the SEC Crackdown
Following news that Coinbase and other cryptocurrency platforms were operating unregistered, coins like the LiteCoin (LTC) have suffered an unexpected downtime. Forbes predicts investors may experience difficulty trading digital assets like Litecoin (LTC).
It is argued that this new development may affect the decentralized nature for which cryptocurrency is known. But one thing is clear— investors need to feel safe, and only strict regulations can make this happen. That is why the SEC crackdown is significant and has the impact it does.
In light of these, a new game player has emerged, following all the rules and providing investors with the security they need. This game changer is called Golteum (GLTM), and it recently joined Chainlink and Fireblocks for seamless, secure, and more efficient cryptocurrency transactions.
Join the Golteum (GLTM) Presale Now!
Golteum (GLTM) is the first global NFT marketplace for gold investing and other precious assets. Users can buy and sell these tokenized precious assets using the coveted GLTM tokens on a secure platform.
As mentioned earlier, Fireblocks support offers investors a secure place for their treasured assets. Round 1 presale has already sold out privately to early investors, and the prospects are great as the second round begins.
For the second round presale, Golteum has allocated 8.1% of its 1,000,000,000 fixed supply. While the first private round sold out 32,500,000 units in 48 hours, the ongoing second round has only 55,000,000 available at $0.012 each.
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Ahead of other coins, Golteum promises high-grade asset security, thanks to its many partnerships with leading companies.
As of press time, six Golteum members are silver badge holders and have been doxxed by Certik for KYC, which also audited its smart contracts. GLTM prices are currently low in its second presale round, but experts predict it to reach $5 by the end of this round. So, there is no better time to join the presale than now.
Take advantage of the 15% Golteum presale bonus available now and buy some GLTM tokens.
Buy presale: https://presale.golteum.io
Website: https://golteum.io
Twitter: https://twitter.com/golteum
Telegram: https://t.me/golteum
