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President Biden recently made a stir with his latest budget proposal, which included several provisions that alarmed investors. The first and arguably most important for anyone involved with the stock market is the proposed new and increased capital gains tax. Under the plan, the rate would reach its highest since the tax was established in 1913 at a maximum of 44.6%. The proposal immediately proved controversial, given how it compares to the original maximum of 7% and the 1921 Revenue Act maximum of 12.5%. It is also substantially higher than the rate set during former President Trump’s term when it was reformed not to exceed 20%. Picks for you Crypto expert Plan B sets Bitcoin price for 2025 19 mins ago Opportunity? DOGE set for imminent bull run 49 mins ago Ripple v. SEC court case update as of May 2, 2024 2 hours ago Bitcoin optimism fades amid second-longest run of weekly red candles 17 hours ago With this in mind, and particularly consi...

TLDR Profit-taking is eating up Shiba Inu’s gains; SHIB could be tested soon. Dogwifhat enters price correction mode as WIF registers losses. Milei Moneda ($MEDA) could be set to follow FLOKI’s steps to provide real-life utility. It all started so well for the meme coins in February, as they dominated the cryptocurrency market for weeks. The Solana meme coins were particularly lively, with Dogwifhat (WIF) and BONK surging past the top altcoins to become the best cryptos to invest in. Now, the tides have turned, and even the mighty Shiba Inu (SHIB) might be in for a downtrend. Enter Milei Moneda ($MEDA); a new meme coin that is determined to shake things up. Shiba Inu settles at strongest support level Shiba Inu picked up pace during the Bitcoin pump earlier this year, rising to its two-year high, like many other top crypto coins. Even when the rally ended, SHIB was still in the green, as investors were getting set for the big event this month. ...