US Congressman Secretly Invests in This Memecoin, Price Rises Over 120%

Congressman Mike Collins of the Republican Party invested $30,000 in a memecoin called Ski Mask Dog, and the price of this coin has significantly increased, achieving a rise of over 120%. This is one of the typical cases of the increase in the value of memecoins thanks to the interest and investment from prominent figures in politics.

The cryptocurrency market, especially memecoins, is experiencing a boom, with other coins also recording strong growth. For example, many other memecoins like Shiba Inu and Pepe Unchained are also attracting investors' attention amidst the market's optimism about the potential for price increases this December.

However, investing in memecoins also carries high risks, so investors should conduct thorough research before making investment decisions.