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Crypto Touted by Kim Kardashian Climbs 124% After SEC Charges, Token Value Dumps the Next Day

Bitcoin News LogoBitcoin News1 mo ago

Crypto Touted by Kim Kardashian Climbs 124% After SEC Charges, Token Value Dumps the Next Day - Bitcoin News

Quick Summary:

Securities and Exchange Commission (SEC) charges against the socialite Kim Kardashian for unlawfully touting the crypto asset ethereummax, the digital currency jumped 124% in value.

However, the ethereummax pump was followed by a massive dump as the cryptocurrency slid 47% lower than the high it reached on October 3.

EMAX trade volume is very low, as trades during the last 24 hours equate to $97,847, and a significant share of EMAX is traded on Uniswap V2.


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Crypto Touted by Kim Kardashian Climbs 124% After SEC Charges, Token Value Dumps the Next Day - Bitcoin News (Picture 1)Crypto Touted by Kim Kardashian Climbs 124% After SEC Charges, Token Value Dumps the Next Day - Bitcoin News (Picture 2)

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Article Details

Author / Journalist: Jamie Redman

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-10-05 @ 16:00:02 (1 months ago)

News Timezone: GMT +8:00

Ranking: #2301 (out of 3199 stories this day)

News Source URL: news.bitcoin.com

Language: English

Article Length: 614 words

Reading Time: 4 minutes read

Sentences: 47 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 743365

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About Bitcoin News

Bitcoin News Logo

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 16 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 9 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #62

Publisher Details

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The story "Crypto Touted by Kim Kardashian Climbs 124% After SEC Charges, Token Value Dumps the Next Day" was covered 1 months ago by Bitcoin News, a news publisher based in Japan.

How trustworthy is 'Bitcoin News' news outlet?

Bitcoin News is a fully independent (privately-owned) news outlet established in 2008 that covers mostly crypto news.

The outlet is headquartered in Japan and publishes an average of 16 news stories per day.

It's most recent story was published 9 hours ago.

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  • URL: https://beamstart.com/news/crypto-touted-by-kim-kardashian-16649859968682

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