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📈 Terra Luna Classic Developer Announces Key Upgrade, LUNC Price To $0.0002? The Terra Luna Classic community saw a major development today as the Terra Classic Wallet gets a much-needed upgrade. The developer informed the community that the upgrade improves functionalities, usability, and other advancements in general. Terra Classic Wallet is developed by popular LUNC developer StrathCole utilizing the CosmES Wallet Kit, with UI design by Dawid Skinder. 🔺 Terra Luna Classic Wallet Upgrade Terra Classic Wallet developed by StrathCole gets a new update from v0.0.1 to v0.0.22, reported the team behind the wallet. It is an alternative to the Station wallet with more features and usability. However, the wallet is still in the early version and needs further enhancements. “This is an early version of the app. It is not feature-complete. Please use it at your own risk and be aware that there may be bugs and issues,” as per a notice. Bugs or issues found in the wallet can be reported on GitHub. The team said there are many new functionalities and improvements in general in the Terra Classic Wallet. The team has just finished designing some UI improvements to Explorer as well to improve the usability of the wallet. Meanwhile, the Terra Luna Classic developers including Genuine Labs are currently working on upcoming updates to further improve the chain and help bring utility. 🔺 LUNC Price to Rally? Terra Luna Classic ecosystem tokens witnessed signs of recovery as trading volumes increased in the last few days, but the negative bias in the crypto market continue to put altcoins under pressure. LUNC price fell more than 2% over the last 24 hours, with the price currently trading at $0.0001042. The 24-hour high and low are $0.0001031 and $0.0001070, respectively. In the derivatives market, selling in 1000LUNC futures on Binance and Bybit negated buying in LUNC futures on other crypto exchanges. While derivatives trading indicates interest is higher, LUNC price still needs to break above $0.00012 resistance for rally to $0.0002. $LUNC #LUNC $USTC $LUNA

📈 Terra Luna Classic Developer Announces Key Upgrade, LUNC Price To $0.0002?

The Terra Luna Classic community saw a major development today as the Terra Classic Wallet gets a much-needed upgrade. The developer informed the community that the upgrade improves functionalities, usability, and other advancements in general.

Terra Classic Wallet is developed by popular LUNC developer StrathCole utilizing the CosmES Wallet Kit, with UI design by Dawid Skinder.

🔺 Terra Luna Classic Wallet Upgrade

Terra Classic Wallet developed by StrathCole gets a new update from v0.0.1 to v0.0.22, reported the team behind the wallet. It is an alternative to the Station wallet with more features and usability. However, the wallet is still in the early version and needs further enhancements.

“This is an early version of the app. It is not feature-complete. Please use it at your own risk and be aware that there may be bugs and issues,” as per a notice. Bugs or issues found in the wallet can be reported on GitHub.

The team said there are many new functionalities and improvements in general in the Terra Classic Wallet. The team has just finished designing some UI improvements to Explorer as well to improve the usability of the wallet.

Meanwhile, the Terra Luna Classic developers including Genuine Labs are currently working on upcoming updates to further improve the chain and help bring utility.

🔺 LUNC Price to Rally?

Terra Luna Classic ecosystem tokens witnessed signs of recovery as trading volumes increased in the last few days, but the negative bias in the crypto market continue to put altcoins under pressure.

LUNC price fell more than 2% over the last 24 hours, with the price currently trading at $0.0001042. The 24-hour high and low are $0.0001031 and $0.0001070, respectively.

In the derivatives market, selling in 1000LUNC futures on Binance and Bybit negated buying in LUNC futures on other crypto exchanges. While derivatives trading indicates interest is higher, LUNC price still needs to break above $0.00012 resistance for rally to $0.0002.

$LUNC #LUNC $USTC $LUNA

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📈 Bitcoin Gains Momentum with ETF Inflows Bitcoin‘s price surged to $66,867 just before the daily close, reflecting a significant milestone as it has not reached the $67,000 range for a month. This price increase is driven by positive market sentiment and substantial ETF inflows. Analysts are closely monitoring these inflows, which play a crucial role in shaping Bitcoin’s market dynamics. 🔸 Spot Bitcoin ETF Update For several months, there have been notable inflows into IBIT and FBTC ETFs, counterbalancing outflows from GBTC. However, a shift is occurring as GBTC starts to see significant net inflows instead of the previous outflows. This trend is encouraging for the market, as ETFs previously designed to compete with GBTC have not experienced long-term net outflows for years. The recovery of GBTC, which saw a net inflow of $31.6 million as of May 17, alongside inflows into BITB and ARKB, marks a positive turnaround. The transition to net inflows for GBTC signals a potential for substantial future inflows into IBIT, possibly reaching hundreds of millions of dollars. This could pave the way for days with net inflows surpassing half a billion dollars, further boosting market confidence and investor sentiment. 🔸 General Cryptocurrency Market Overview Bitcoin maintaining a price above $66,000 is a positive indicator for the market, supported by ETF inflows. Additionally, the April inflation figures, balancing macroeconomic pressures, have provided a supportive backdrop amid discussions of potential Fed rate hikes. Despite these positive signs, external factors like solar flares causing global internet and power outages could still impact the market. The upcoming week may see potential SEC rejection decisions concerning spot ETH ETFs and their scope. A broad targeting of tokens with staking aspects could complicate the market further. While the market has anticipated the rejection of two ETFs, more rejections or severe reactions could lead to further declines. $BTC #BTC #ETF
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🎁 TON Founder Pavel Durov Says He’ll Hold $7 Million Notcoin Gift Until 100x Notcoin players were feeling generous ahead of Thursday’s NOT token launch, as over half a million players of the viral Telegram-based clicker game donated a share of their in-game coins to Telegram founder Pavel Durov. Now that haul is worth millions of dollars—and Durov says he’s holding for a potential 100x gain. More than 552,000 players of Notcoin donated a share of their in-game coins to Durov back in February, part of an effort by the Notcoin team—called Open Builders—to thank the Telegram founder for the messaging app that houses the crypto game. Ultimately, Durov ended up with over 1.03 billion NOT tokens, or just over 1% of the total Notcoin supply on The Open Network (TON). That’s worth about $7.3 million as of this writing, but was a bit lower at $6.8 million when Durov posted earlier Friday. Durov, who’s estimated to have a $15.5 billion fortune by Forbes, hardly needs the cash. And he’s not selling. But should the NOT token surge in value, he says he’d sell them to ultimately better support Telegram. 🎁 1,030,383,291.36 Notcoin ($6.8M USD) were sent as donation to Pavel Durov and Telegram. 💬 Thanks for everything you guys built. — Notcoin Ø May 17, 2024 “Half a million Notcoin users gifted me $6.8 million worth of Notcoin! Thank you,” Durov wrote on Telegram. “I will hold these coins until they turn to $680 million, at which point I will use them to buy more servers for Telegram.” Notcoin is this year’s biggest gaming token launch so far, debuting at a market cap of nearly $1.5 billion early Thursday. New cryptocurrencies are often volatile, and indeed, NOT has plunged in value since the debut—dropping by 50% to a current price just above $0.007, according to CoinMarketCap. Even so, NOT is the 101st most valuable cryptocurrency by market cap at $746 million, and racked up more than $1 billion worth of trading volume in its first 24 hours after launch. $NOT #TON #PavelDurov
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🔥 Analytics Company Announces Solana (SOL) Price Prediction for the End of May Solana (SOL) has been at the forefront of the recent cryptocurrency market recovery, outperforming most major digital assets and is predicted to hit new cycle highs soon, according to one analyst. On Friday, SOL reached $170, its highest price in more than a month, before pulling back slightly to $166. It has gained nearly 7% in the past 24 hours and is up over 40% from the crypto market's local lows in early May, when Bitcoin (BTC) dropped to $56,000. 💬 Daniel Choung, co-founder of digital asset hedge fund Syncracy Capital, praised SOL's resilience in a recent post. “The strength of SOL has been incredible in this bounce,” he said. “It's clear that this is still the best trade of this cycle.” Choung expressed increased confidence that SOL could regain the $200 level by the end of the month and push new record levels soon. SOL reached an all-time high of $260 in November 2021 at the peak of the previous bull cycle. Solana is currently benefiting from several catalysts, including active memecoin trading, strong stablecoin volumes, and decentralized finance (DeFi) activity. Choung noted that upcoming network upgrades lay the groundwork for the highly anticipated Firedancer, a secondary chain client developed by Jump Crypto that aims to improve the performance of the network. $SOL #SOL #Solana
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🔄 Worldcoin Launches Ethereum Layer 2 "World Chain" to Enhance User Experience Worldcoin, led by Sam Altman's Tools for Humanity, has announced the launch of its own Ethereum Layer 2 blockchain, named World Chain. 💬 Introducing World Chain, a new blockchain designed for humans ⚪️ — Worldcoin April 17, 2024 This new development aims to boost efficiencies and enhance the onboarding process for new users, capitalizing on Worldcoin's unique approach to verifying human users in a digital world increasingly dominated by AI. 🔸 Introduction of World Chain World Chain is designed to operate atop the Ethereum network, providing a secure and efficient layer for transactions. This move to a Layer 2 solution is part of Worldcoin's broader strategy to manage growing user numbers while maintaining low transaction costs and high throughput. A significant feature of World Chain is the prioritization of human-verified users over bots. Verified individuals will enjoy priority block space and access to some free gas, which reduces the transaction fees typically associated with Ethereum. This user-centric approach would reportedly incentivize human interaction and would aim to limit the influence of bots, ensuring a more authentic and secure network. World Chain is built using the OP Stack, a reputable blockchain-building framework known for its scalability and efficiency. Coinbase also uses this technology for its Base network, enabling World Chain to implement "rollups." These rollups bundle transactions and process them securely on Ethereum, ensuring permanence and reducing costs. 🔸 Transition from DApp to Independent Chain Previously, Worldcoin operated merely as a decentralized application (DApp) composed of smart contracts on the Ethereum blockchain. As per reports from CoinDesk, having its own Layer 2 chain would provide developers with greater control over their operations and potentially lower costs for their users. The launch of World Chain offers significant advantages for developers, providing them with the tools to reach millions of users. $WLD #WLD
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📊 Bonk Token Sees Strong Recovery Solana-based meme token Bonk has made a significant comeback from the $0.0000213 support level, reflecting a renewed positive sentiment within the cryptocurrency market. This marks the second rebound in three weeks, driving the asset up by 12.5% over four days. The upward movement suggests a potential long-term increase in Bonk’s price. 🔸 What Drives BONK’s Recovery? The recent price correction for Bonk found robust support at $0.0000213, corresponding to the 50% Fibonacci retracement level. This created a healthy pullback, igniting a strong recovery. However, the token has struggled to break past the $0.00003 mark due to market uncertainties. Bonk’s price has been fluctuating between $0.00003 and $0.0000213, indicating a horizontal trend. This volatility suggests that neither buyers nor sellers are fully convinced. On a larger scale, this lateral movement appears to be forming an inverse head and shoulders pattern, a bullish indicator. 🔸 Why Is BONK Outperforming Others? The chart pattern often seen at market bottoms could signal renewed optimism among buyers. According to data from IntoTheBlock, Bonk has emerged as the top performer among major airdrops, marking significant price gains. Out of 17 analyzed tokens, only seven increased in value, underlining the competitive nature of the market. 🔸 Key Insights for Investors – Bonk’s robust recovery from the $0.0000213 support level indicates strong buying interest. – The inverse head and shoulders pattern formation could signal a further bullish trend. – Bonk has outshined other tokens in recent price performance, enhancing its market position. – Investors should monitor the $0.00003 resistance level for potential breakout opportunities. If Bonk’s bullish trend holds, the price might rise by 22%, challenging the $0.00003 resistance. Successfully breaking this barrier could accelerate buying momentum, potentially targeting $0.0000712. $BONK #BONK #Memecoin
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