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Bitcoin (BTC), Ethereum (ETH) and other major cryptocurrencies have continued their impressive performance into 2023, despite Ethereum founder Vitalik Buterin sounding a cautionary note on the markets bull run. The price of bitcoin surged above $30,000 per coin last month, leading to some lofty price predictions. The price of Ethereum also climbed higher, thanks in part to a long-awaited upgrade. With both cryptocurrencies showing strength, traders are closely monitoring two key events in the US: the Federal Reserves decision about the next interest rate and the upcoming debt ceiling crisis. Treasury Secretary Janet Yellen recently warned that the US could run out of cash as early as June 1 if the debt ceiling isnt raised. However, a new meme coin Dogetti (DETI), is concluding its presale on June 30, giving investors the last chance to make big money by investing at the right time.

Geoff Kendrick, head of foreign exchange research at Standard Chartered, believes that in the event of a US debt default, Bitcoin (BTC) could potentially gain $20,000, pushing it to approximately $50,000 per coin. He cautioned, however, that this is a low-probability, high-impact event that would cause the bitcoin price to swing wildly, with initial declines on day one or day two or within the first week. According to Kendrick, the best trade would likely be a long position in Bitcoin and a short position in Ethereum.

Yellen wrote to congressional leaders warning that the US could run out of funds as early as June 1 if the debt limit isnt raised, a scenario that could cause global market turmoil and have ripple effects throughout the economy. Meanwhile, the Federal Reserve is expected to raise interest rates by a quarter of a percentage point, marking its 10th consecutive rate hike and bringing the benchmark interest rate to 5% to 5.25%, the highest since 2006. Antoni Trenchev, co-founder and managing partner at crypto lender Nexo, believes that investors are intently focused on the Feds actions, and if it indicates that it will continue raising rates, it could spell trouble for cryptocurrencies and other high-risk assets.

Altcoins, step aside theres a new meme-inspired cryptocurrency on the block called Dogetti (DETI). This digital currency is based on the famous Shiba Inu internet meme, and its quickly gaining traction among investors who want a more entertaining and user-friendly way to enter the world of cryptocurrencies.

Dogetti has taken meme coin culture to the next level by building a brand around the concept of togetherness and community. This idea of community is whats driven meme coins to previous heights of success. Dogetti operates on a decentralised blockchain network, ensuring that all transactions are securely recorded on the blockchain for safe and sound investments.

Dogettis primary goal is to power the DogettiSwap platform, which enables users to exchange ERC20 tokens for a 6% tax. However, the fee is put to good use. Two percent goes towards a charity wallet, another two percent is shared among all wallets, and the remaining two percent enhances liquidity.

Dogettis playful and amusing approach is ideal for newcomers who want to explore the world of cryptocurrencies. With its active community and robust social media presence, youll have many chances to engage and connect with like-minded investors.

In a market dominated by well-established cryptocurrencies such as Bitcoin and Ethereum, Dogetti (DETI) has emerged as a new player. This meme-inspired cryptocurrency has quickly gained attention and popularity among investors who are looking for a fun and user-friendly way to enter the world of cryptocurrencies. If youre looking for a fun and thrilling way to participate in the cryptocurrency market, Dogetti may be the perfect coin for you. This is an investment opportunity you dont want to miss.

Presale: https://dogetti.io/how-to-buy

Website: https://dogetti.io/

Telegram: https://t.me/Dogetti

Twitter: https://twitter.com/_Dogetti_

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