Home Community Insights The latest in crypto the internet-famous Shiba Inu dog behind the “Doge” meme and coin is seriously ill, the legal battle between XRP issuer Ripple and the SEC nears an end, and Snowfall protocol (SNW) continues to dominate despite tough market conditions

The latest in crypto the internet-famous Shiba Inu dog behind the “Doge” meme and coin is seriously ill, the legal battle between XRP issuer Ripple and the SEC nears an end, and Snowfall protocol (SNW) continues to dominate despite tough market conditions

The latest in crypto the internet-famous Shiba Inu dog behind the “Doge” meme and coin is seriously ill, the legal battle between XRP issuer Ripple and the SEC nears an end, and Snowfall protocol (SNW) continues to dominate despite tough market conditions

From a crypto community’s beloved pup’s illness to the latest on the XRP vs SEC front to a new market player, Snowfall Protocol (SNW), shocking critics with big moves ahead of the new year, this post will keep you up to date on the latest news in the cryptoverse.

Snowfall Protocol (SNW), despite still being in its presale phase, has repeatedly demonstrated that it is not just another cross-chain ecosystem. Snowfall Protocol (SNW) raised more than $3 million in just two presale rounds, sold out a day early in one of these rounds, and its third round, which is currently underway, continues to exceed expectations. Stick around as I’ll be sharing more about this gem. 

Shiba Inu Who Became Face of Viral ‘Doge’ Meme and Dogecoin Is Sick with Cancer, Owner Says

According to her owner, Atsuko Sato, Kabosu, the Shiba Inu dog who inspired the viral “doge” meme and Dogecoin, has been diagnosed with chronic lymphoma leukemia and acute cholangiohepatitis, an illness that causes an inflamed liver.

Initially, Sato reported on her Instagram that Kabosu had not eaten or drunk water on Christmas Eve. “Right now, the liver level is very bad and jaundice appears,” said Sato, who is a teacher in Japan. Her most recent post, however, showed Kabosu in several videos eating, drinking, and resting, with the dog’s appetite restored.

Kabosu grew in popularity on the internet after social media users began using a 2010 photo from Sato’s blog in memes. The memes depicted Kabosu smirking and would frequently be accompanied by comic sans captions written in two-word grammatically incorrect sentences, imagining how a dog’s inner monologues might sound.

Kabosu would later influence the development of and serve as the face of, Elon Musk’s favorite joke cryptocurrency, Dogecoin. Furthermore, an NFT of Kabosu’s iconic picture sold for $4 million in 2021.

Dogecoin currently ranks eighth in terms of market cap on CoinMarketCap, with a market cap of $9.4 billion. At the time of publication, it was trading at $0.070758, with a 24-hour trading volume of $334.2B.

Ripple (XRP) Continues on A Slide as Price Remains Tied to The Ongoing Ripple Case With SEC; There Are Speculations That the Case Is Nearing an End

Ripple’s (XRP) recovery has been cut short as the token continues to fall today. At press time, Ripple (XRP)has lost 3.4% intraday and is trading at $0.3463. This comes as the crypto community speculates that the case may be coming to a close, most likely in 2023. The SEC’s case has been a key price driver for Ripple (XRP) since the two-year-long court battle began.

The SEC recently filed a motion to restrict the Hinman documents, claiming that the documents should be kept private because they contain confidential information. In the past, William Hinman, former SEC Director of the Division of Corporation Finance, stated that Bitcoin (BTC) and Ethereum (ETH) are not securities.

If the SEC’s request is granted, the price of Ripple (XRP) will fall. This could explain why Ripple (XRP) investors were eager to lock in profits at the start of the week. A Ripple (XRP) victory on the other hand, would be a hammer blow to the SEC, likely easing the extended crypto winter. 

Snowfall Protocol (SNW) Continues to Dominate Despite Tough Market Conditions; What’s New This Week?

This week, Snowfall Protocol (SNW) reached an important milestone, confirming the expected early January launch. Snowfall Protocol (SNW) has sold over 85% of stage three Snowfall tokens (SNW) with less than a week until the official launch on January 3. These metrics, in addition to confirming investors’ enthusiasm for Snowfall Protocol (SNW), indicate that the Protocol (SNW) will launch without the need to burn any Snowfall tokens. The team had previously stated that if the final round did not sell out all tokens, the remainder would be burned before the official launch.

This achievement adds to Snowfall Protocol (SNW) long list of achievements—all while still being in the presale stage. Snowfall Protocol (SNW) raised $3 million in the first and second rounds of the presale. Overwhelming interest in the presale even led to the second round selling out early.

Snowfall Protocol (SNW) tokens are currently selling for $0.17, with a launch price of $0.2 expected. Snowfall Protocol (SNW) is expected to return up to 5000x returns after launch, making it an excellent addition to a winning portfolio in 2023. You can buy Snowfall Protocol (SNW) tokens today at:  https://presale.snowfallprotocol.io

Snowfall Protocol (SNW) is the first cross-chain ecosystem that allows the transfer of assets, both fungible and non-fungible, across EVM and non-EVM blockchains. Learn more about Snowfall Protocol:

Presale:  https://presale.snowfallprotocol.io

Website: https://snowfallprotocol.io

Telegram: https://t.me/snowfallcoin

Twitter: https://twitter.com/snowfallcoin

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