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This new meme coin presses on as most cryptocurrencies slide after CZ sentencing

Changpeng Zhao sentenced to four months in prison despite DOJ’s request for a longer term. Crypto market dips after Binance founder’s sentencing; BTC and ETH prices decline. Kangamoon presale gains momentum raising over $6 million with over 79% $KANG tokens sold. The global crypto market experienced a downturn, with a significant 8.17% decrease, following the sentencing of Changpeng Zhao, the former CEO of Binance. Bitcoin (BTC) and Ethereum (ETH) prices are leading, with BTC dropping by 9.03% and ETH by 9.16% over the last 24 hours. At press time, BTC was priced at $57,454.33, while ETH stood at $2,867.59. But as most cryptocurrencies dip, Kangamoon, a new meme coin, is offering an alternative opportunity with its ongoing presale. Changpeng Zhao’s sentence after DOJ’s request rejection c, known as “CZ,” was sentenced to four months in prison after pleading guilty to money laundering violations at Binance. As reported ...