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⚠️ Terra Luna Classic (LUNC), USTC Removed From Luna Foundation Guard Terra Luna Classic ecosystem tokens recorded a massive surge in prices on Saturday as 1.85 billion USTC and 222 million LUNC tokens in the Luna Foundation Guard were removed from the circulating supply. LUNC price skyrocketed over 10% and USTC price rose 18% within a few hours, but pared earlier gains soon. 🔸 Luna Foundation Guard’s LUNC and USTC Circulating Supply 1.85 billion USTC and 222 million LUNC tokens were taken out of Luna Foundation Guard’s wallet address ********szx3nw. The move comes as the account has been dormant for almost 2 years. As a result, USTC circulating supply is now down to 7.1 billion. Crypto assets held by team, foundation, treasury, escrow funds are not counted in circulating supply. “Assets that are locked (via smart contracts or legal contracts), allocated to insiders (e.g. teams or private investors), or not sellable on the public market are generally not regarded as circulating, regardless of whether they are unlocked,” as per CoinMarketCap. These numbers reflect adjustments and not actual removals from circulation. Some LFG funds were miscounted as belonging to circulating supply. 🔸 LUNC and USTC Prices Skyrocket LUNC and USTC prices skyrocketed as the news sparked buying in the community due to a decrease in supply. But as the developments became clear to the community the prices started to pullback. The Terra Luna Classic community seeks to burn USTC and LUNC in the LFG wallet to reflect in total supply, but it was just adjustments and not actual removals from circulating supply. LUNC price is currently up 4%% over the last 24 hours, with the price currently trading at $0.0001062. The 24-hour high and low are $0.0001020 and $0.0001129, respectively. Meanwhile, USTC price also jumped 7% in the last 24 hours, with the price currently trading at $0.0235. The 24-hour low and high are $0.0215 and $0.0251, respectively. Moreover, the trading volume has increased by 118% in the past 24 hours. $LUNC #LUNC #TerraLabs

🔹 Record low commissions on the Ethereum blockchain On May 11, gas fees on the Ethereum blockchain dropped to 6 Gwei. The last time the indicator was at this level was in January 2020. 🗣 At these values, exchanging coins would cost an average of $6.2, selling NFTs would cost about $10.5, borrowing would cost $5.7, and cross-chain transfer would cost $2. 👍 A decrease in network fees began to occur after the launch of the Dencun hard fork. $ETH #ETH #Ethereum #DencunUpgrade

What Are BTC and ETH (ETFS), And Why Do They Matter?

⭐️ How meme coin sniping works Friends, hello everyone. I see your strong interest in meme coins, so let's understand more about the field of sniping. Let's go! 📑 Sniping is an attempt to frontrun (pre-purchase) any coin. It is extremely profitable, but at the same time dangerous and unpredictable type of earning. For example, I have a contract of a coin that has not yet been released to open trade. I naturally want to buy it first at the lowest price. But my counterparty does not know the contract of this coin. He's sitting in X waiting for the announcement when I already have everything. By making a frontrunner I can use a bot to automatically buy the coin. 🐸 By making a frontrunner I can use a bot to automatically buy the coin as soon as it becomes available (literally in a second) and then sell it to the counterparty who will start buying it manually 1 minute after me. All the snipers work is done through the bot. There are specific bots for each blockchain. Personally, we are trading on the Solana blockchain right now. #meme #memecoins #memecoin🚀🚀🚀

🔥 Analyst Predicts Rise of Meme Coins Ahead of US Presidential Elections One of the closely followed cryptocurrency analysts has turned his attention to the US presidential elections. The analyst commented that two meme coins could rise ahead of the US presidential elections in November. 🔸 Analyst’s Meme Coin Comments Altcoin Sherpa, a well-known crypto analyst, told thousands of users on the social media platform X that the MAGA (TRUMP) and Jeo Boden (BODEN) meme tokens could show better price performances due to the excitement of the election year. Firstly, it should be noted that the meme coin named TRUMP is inspired by the former president and re-candidate Donald Trump. It can be said that BODEN is inspired by Joe Biden, who is running against Trump again. The misspelling of the name here does not go unnoticed. 💬 "My current meme strategy: focus on one sector, US politics. I own TRUMP and want to buy BODEN. When election events really start later this year, this should be the biggest narrative. Trump will be constantly in the news doing his usual antics." Meanwhile, the analysis platform Santiment, which reviews meme coins, reveals a clear correlation between the price movements of the two meme coins and the behaviors of the candidates in real life. 💬 "Most references to these recent meme coin rises go to Donald Trump and his crypto-friendly endorsements. As seen, Trump’s words, along with Biden, who traders fear for his anti-crypto policies, have driven the cryptocurrency to rise near its local bottom." 🔸 Price Outlook for Meme Coins Examining the meme coins highlighted by the analyst, TRUMP has risen more than 11% in the last 24 hours and is currently trading at $5.40. TRUMP’s market cap has exceeded $265 million, while its trading volume is only $7 million. BODEN, on the other hand, finds buyers at $0.3219 following a 10% increase, boosting its market cap to $240 million. Despite the price increase, BODEN’s 24-hour trading volume has dropped by 50% to $13 million. #meme #memecoins

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