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"Binance Burns 1.4 Billion LUNC in Latest Batch, Total Burn Surpasses 59 Billion! 🚀🔥 Binance, the world's largest cryptocurrency exchange, has completed another significant burn of Terra Luna Classic (LUNC) tokens, following its monthly LUNC burn schedule. In its 21st batch, Binance burned 1.4 billion LUNC tokens. With this latest action, the total amount of LUNC tokens burned by Binance has now exceeded 59 billion. The Terra Luna Classic community has collectively burned over 113 billion LUNC tokens to date, reflecting ongoing efforts to support the token's revival. Binance has been a steadfast supporter of these efforts since 2022, consistently participating in the monthly LUNC burn mechanism to help reduce the token's supply and potentially increase its value. This continued support from Binance highlights the exchange's commitment to the Terra Luna Classic community and its revival initiatives. $LUNC #altcoins #LUNC✅ #TerraLunaClassic #TerraLabs #LuncBurn

"Binance Burns 1.4 Billion LUNC in Latest Batch, Total Burn Surpasses 59 Billion! 🚀🔥

Binance, the world's largest cryptocurrency exchange, has completed another significant burn of Terra Luna Classic (LUNC) tokens, following its monthly LUNC burn schedule. In its 21st batch, Binance burned 1.4 billion LUNC tokens. With this latest action, the total amount of LUNC tokens burned by Binance has now exceeded 59 billion.

The Terra Luna Classic community has collectively burned over 113 billion LUNC tokens to date, reflecting ongoing efforts to support the token's revival. Binance has been a steadfast supporter of these efforts since 2022, consistently participating in the monthly LUNC burn mechanism to help reduce the token's supply and potentially increase its value.

This continued support from Binance highlights the exchange's commitment to the Terra Luna Classic community and its revival initiatives. $LUNC

#altcoins #LUNC✅ #TerraLunaClassic #TerraLabs #LuncBurn

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BNB Soars to New Yearly High: Analyst Predicts $1000 Breakout Binance Coin (BNB), the native token of the world’s largest cryptocurrency exchange, has surged 7% within the past 24 hours. This upward movement places BNB ahead of the top five cryptocurrencies in terms of performance, surpassing its previous yearly high of $645 from March and reaching $673 as of Tuesday. BNB Primed For Bullish Surge To $1,000? Renowned market expert "Sheldon The Sniper" believes BNB could be one of the leading altcoins in the ongoing bull market, targeting $1,000 if the uptrend continues. Sheldon states that Binance’s token "is looking extremely bullish" and is expected to surpass its previous all-time high of $686 from May 2021. Analyst Kaleo highlights BNB's potential for a "phase of price discovery," recalling its significant growth during the 2021 bull market. Following CEO Changpeng Zhao’s legal resolution in April, decreased regulatory scrutiny positions Binance and BNB favorably for anticipated institutional inflows and increased trading volume. Trading Volume Soars To $2 Billion, Market Cap Hits $100 Billion Data from CoinGecko reveals a 15% increase in BNB’s trading volume over the past 24 hours, reaching $2.3 billion. The market capitalization of Binance Coin currently stands at $102 billion, indicating a notable uptrend and renewed investor interest. Monitoring key levels is crucial for sustaining BNB’s uptrend. Key resistance levels are $671 and $676, while bulls must defend the $633 support to avoid significant losses. In summary, Binance Coin has outperformed major cryptocurrencies and achieved new milestones. Experts are optimistic about BNB's potential to surpass its previous all-time high and lead the current bull market, exciting traders and investors. $BNB #BnbAth #BNB_Market_Update #BNBAnalysis #BNBToken #binancecoin Disclaimer: Research Yourself before investing, use only risk-worthy funds and take full responsibility for your decisions.
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Market Update: SHIB Faces Challenges, Can XRP Break Resistance, and Will ADA Recover? Shiba Inu $SHIB has plunged below its crucial 50 EMA support level, signaling a strong bearish sentiment. With the price dropping below this important level, SHIB faces limited growth opportunities unless bulls can push it back above this ceiling. The next support zone to watch is the 200 EMA if SHIB cannot reclaim its previous level. The RSI falling below 50 and a bearish MACD crossover indicate potential further declines. This shift in sentiment is driven by increased selling pressure, making it a tough road ahead for bulls. $XRP is once again testing the critical $0.52 resistance level, which coincides with the 50 EMA. This threshold has proven to be a significant barrier, with selling pressure halting upward movement every time it nears this mark. Breaking this resistance could trigger a notable rally, attracting more traction and interest. The RSI is slightly below 50, hinting at a neutral position with a slight bullish bias. Additionally, the MACD shows potential for a bullish crossover. However, low trading volume and recent regulatory news could pose challenges unless substantial buying pressure builds up. Cardano $ADA has dropped nearly 11% from its recent high and is currently struggling at around $0.45. With both the 200 and 50 EMAs above the current price, ADA is facing bearish short- and long-term trends. To join the bullish trend, ADA needs to break through these moving averages. The RSI around 46 indicates a lack of significant buying pressure, but ADA is not yet in oversold territory. However, ongoing projects and updates within the Cardano ecosystem could boost investor confidence and drive demand. Positive sentiment and excitement surrounding new developments or collaborations could help ADA recover and attract more buyers. Picture Source; TradingView #CardanoPredictions #CardanoADA #Shibarium #Xrp🔥🔥 #shiba⚡ Disclaimer: Research Yourself before investing, use only risk-worthy funds and take full responsibility for your decisions.
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Top 3 Cryptocurrencies Under $0.5 for a $1000 Portfolio Recommended 🚀 1. Oasis Network $ROSE Dedication: $500 Current Price: $0.11 per token Quantity: Approximately 4,545 Rose tokens 🚀 Potential: Oasis network is a decentralized Blockchain Network Built by Oasis labs that Secures And private data-sharing control. The ROSE token is the native utility token of the Oasis ecosystem and is used for staking and delegation in the network consensus, as well as paying network transection fees. 2. Dodo $DODO Dedication: $300 Current Price: $0.22 per token Quantity: Approximately 1,363 DODO tokens 🚀 Potential: DODO is a decentralized exchange (DEX) platform known for its innovative trading algorithms and liquidity management solutions. As decentralized finance (DeFi) continues to evolve, DODO's efficient trading mechanisms could attract more users and drive its price higher. 3. JasmyCoin $JASMY Dedication: $200 Current Price: $0.03 per token Quantity: Approximately 6,666 JASMY tokens 🚀 Potential: JASMY aims to revolutionize the digital content industry by providing a decentralized platform for content creators and consumers. With its low price and promising use case, JASMY presents an opportunity for significant growth as it gains traction in the market. This diversified portfolio of under $0.5 tokens offers exposure to various sectors of the cryptocurrency market, from decentralized finance to content creation, and holds potential for substantial returns as these projects continue to develop and gain adoption. 🌟 Disclaimer: Research Yourself before investing, use only risk-worthy funds and take full responsibility for your decisions. #Jasmyusdt⚠️⚠️ #JasmyCoin #Dodo #ROSE #OasisNetwork
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Notcoin (NOT): A Viral Gaming Token Soaring Through the Cryptoverse Notcoin (NOT) is making waves in the crypto market, riding a wave of innovation and user adoption. Here's a deep dive into what's propelling NOT to new heights: Current Status: (Data as of June 5, 2024) Price: NOT is currently trading around $0.024, showcasing impressive growth. Market Cap: NOT boasts a solid market capitalization of $2.53 billion. Trading Volume: The 24-hour trading volume of $2.20 billion reflects NOT's active market participation. Circulating Supply: With 102.72 billion NOT in circulation, there's a healthy balance between availability and value. What's Sparking the NOT Flame? Gaming on the Go: NOT's revolutionary "Click-to-Earn" mechanism, launched via Telegram in April 2024, has been a game-changer. This user-friendly approach has attracted a staggering 35 million users, propelling NOT into the crypto spotlight. Technical Tailwinds: Technical indicators like MACD and RSI are painting a bullish picture for NOT. These signals suggest that the current upward trend might have legs and could lead to further gains. Built-in Burn: NOT's built-in deflationary burn mechanism removes tokens from circulation over time. This can potentially drive up the price due to a decrease in overall supply. Community Powerhouse: Ranked 47th in market capitalization on Binance, NOT enjoys strong community support. Integration with Telegram and backing from the TON Foundation further solidify its position. The Future of NOT: A Bright Horizon? Analysts are cautiously optimistic about NOT's future. If current trends hold, NOT could see a significant increase in both price and user base. However, the cryptocurrency market remains volatile, so careful consideration is crucial. Notcoin: A Token to Watch NOT's innovative features, engaged community, and impressive early growth make it a token worth keeping an eye on. While future performance is uncertain, NOT's potential for continued growth is undeniable. $NOT #NOT🔥🔥🔥 #Notcoinnews #Notcoin👀🔥 #NOTCOİN #Notcoinnews24
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