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Can Luna Classic (LUNC) Reach $1 Again? The Terra ecosystem's collapse in May 2022 led to the dramatic decline of LUNA, which once peaked at $120. The community created Terra Classic (LUNC) after the crash, but can it recover and reach $1 again? The current supply of LUNC poses a significant challenge. To reach $1, the market cap would need to reach $5.80 trillion, a highly improbable feat. The community's burn program aims to reduce the hyperinflated supply through a 0.5% tax on transactions. While the Terra Classic community remains committed, the road to recovery is steep. A short to medium-term recovery to $1 seems unlikely, but ongoing community efforts and support could bring positive changes in the future. #LUNA #LUNA/USTD #Web3
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Bitcoin on the Path of Six Figures – Will History Propel BTC Price Up? Bitcoin had a solid week and will likely close it above the $64k area. This means that the BTC price has pumped 8% this week, which is generally considered pretty solid for the king of all cryptos. Altcoin Daily’s YouTube channel posted a viral video today featuring Ben Cowen. They provided some useful analysis on Bitcoin’s history patterns, global market outlook, and BTC price predictions. US Economy and Market Outlook The US Federal Reserve wants to manage inflation and the goal is to keep it around 2%. While inflation is trending down, there’s a possibility of a resurgence, similar to what happened in the 1970s. The Fed is also wary of avoiding deflation, which occurred in the 1940s due to overly tight monetary policies. Currently, the unemployment rate is increasing slightly but remains low at 4.3%. There’s optimism that the economy could achieve a soft landing, with the Fed likely to cut rates in 2025. The performance of riskier assets, like Bitcoin, will depend heavily on when the Fed decides to loosen monetary policy. On a side note: Bitcoin ETFs experienced a surge on August 25th, recording a $252 million inflow—the highest seen in a month. Next Meme Coin to Explode? Look No Further If You Are Looking for the Next PEPE or POPCAT Meet PandaWorld, the new meme coin currently selling at discounted presale prices! The project was inspired by the adventures of six panda siblings, utilizing their unique abilities to bring together gaming, staking, and other features . Show more +Show less – Bitcoin History and BTC Price Predictions Moreover, Cowen discusses Bitcoin’s four-year cycle, where it typically peaks in the fourth quarter of the post-halving year. The current cycle resembles past cycles, especially the 2019 pattern, where Bitcoin had a strong rally followed by a significant pullback. #BTC #Binance #BNB #ETH #bullrun2024📈📈
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There will be some selling pressure due to listing of DOGS, ignore it or maintain your holding. #DOGS
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BTC broke 62K, this is a very good sign for alt coins growth 📈📈📈
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LONG call for OP #OP Current price 😮 1.512 🎯 1.57 1.6 1.65 1.70-1.75 SL 1.44 Lev 3x to 5x #OP @Bitcoin Farmer 2018
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