Binance Square
LIVE
LIVE
Crypto Ahmet
Bullish
--23.2k views
🔥🔥🔥Binance Burns More Terra Classic (LUNC) Tokens, Net Burn Reaches Over 59 Billion #Binance Burns Additional LUNC Tokens Crypto exchange Binance burns additional Terra Luna Classic ($LUNC ) tokens every month, which are not part of Binance’s monthly LUNC burn mechanism. Binance sent additional LUNC tokens to the burn wallet, as per a transaction on May 23. Binance burned 1.4 billion Terra Classic tokens in the 21st batch of #LUNC burn mechanism in early May. After the latest burn by Binance, the total LUNC burned by the crypto exchange to date has now surpassed 59.07 billion, accounting for 51.9% of total LUNC burned by the community. The total LUNC tokens burned by the Terra Luna Classic community has reached over 113.71 billion. Binance has continued supporting the community for Terra Luna Classic revival since 2022 via its monthly LUNC burn mechanism. LUNC and USTC Price Performance Amid Market-Wide Selloff Crypto market saw broader retracements in the US hours as whales and investors sold their holdings, considering a similar selloff seen immediately after the spot Bitcoin ETF approval by the SEC in January. However, prices rebound after the SEC approved spot Ether ETFs. LUNC price is up more than 3% this week. The price is currently trading at $0.0001131, with a 24-hour low and high of $0.0001094 and $0.0001179, respectively. Furthermore, trading volume has decreased further in the last 24 hours. Meanwhile, USTC price trades at $0.02248, moving mostly sideways this week. The 24-hour low and high are $0.02128 and $0.02296, respectively. #altcoins #terra

🔥🔥🔥Binance Burns More Terra Classic (LUNC) Tokens, Net Burn Reaches Over 59 Billion

#Binance Burns Additional LUNC Tokens

Crypto exchange Binance burns additional Terra Luna Classic ($LUNC ) tokens every month, which are not part of Binance’s monthly LUNC burn mechanism. Binance sent additional LUNC tokens to the burn wallet, as per a transaction on May 23.

Binance burned 1.4 billion Terra Classic tokens in the 21st batch of #LUNC burn mechanism in early May. After the latest burn by Binance, the total LUNC burned by the crypto exchange to date has now surpassed 59.07 billion, accounting for 51.9% of total LUNC burned by the community.

The total LUNC tokens burned by the Terra Luna Classic community has reached over 113.71 billion. Binance has continued supporting the community for Terra Luna Classic revival since 2022 via its monthly LUNC burn mechanism.

LUNC and USTC Price Performance Amid Market-Wide Selloff

Crypto market saw broader retracements in the US hours as whales and investors sold their holdings, considering a similar selloff seen immediately after the spot Bitcoin ETF approval by the SEC in January. However, prices rebound after the SEC approved spot Ether ETFs.

LUNC price is up more than 3% this week. The price is currently trading at $0.0001131, with a 24-hour low and high of $0.0001094 and $0.0001179, respectively. Furthermore, trading volume has decreased further in the last 24 hours.

Meanwhile, USTC price trades at $0.02248, moving mostly sideways this week. The 24-hour low and high are $0.02128 and $0.02296, respectively.

#altcoins #terra

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Replies 6
Quote 1
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@Crypto_Ahmet

Explore More From Creator

--
🚀🚀😱2 Solana Meme Coin May Experience Big Increase This June😱🚀🚀 1.DogWifHat Dogwifhat or #WIF , is our number one Solana-based meme coin that is currently in the race to defeat all odds. Per CoinMarketcap, $WIF is up 9% in the last 24 hours, trading at $3.50 in the last 24 hours. The token has planned a remarkable price ascent for itself in the near future, as Coincodex predictions further magnify and calibrate. Per CoinCodex, DogWifHat may continue to show a series of stellar price peaks throughout June. By the end of the month, WIF is predicted to spike by 228% to trade a new price mark of $11. “According to our current Dogwifhat price prediction, the price of Dogwifhat may rise by 228.14% and reach $ 11.52 by July 5, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 75 (Greed). Dogwifhat recorded 12/30 (40%) green days with 9.20% price volatility over the last 30 days.” 2.$BONK #BONK is another promising crypto coin launched on the Solana blockchain. Per CoinMarketcap, BONK has projected a remarkable price ascent from the start and is currently trading at $0.00003443, up 8% in the last 24 hours. The token has lately been amping up its game and is up by nearly 27% in the last month. Per CoinCodex, BONK will continue to project a bullish price stance and may trade at a new price pedestal this June. According to CC, BONK may spike by nearly 228% to trade at a stellar price peak of $0.000116 by the end of this month. “According to our current Bonk price prediction, the price of Bonk may rise by 230.57% and reach $0.000116 by July 5, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 75 (greed). Bonk recorded 14/30 (47%) green days with 18.66% price volatility over the last 30 days.” #SOL #binance
--
🐳🐳😱Whales are winking at these Altcoins, the big bullish wave may be near😱🐳🐳 According to on-chain data analysis provided by Santiment, whale activity in Cardano (ADA), Shiba Inu (SHIB), and JasmyCoin (JASMY) have all more than doubled this week compared to this year’s average. Specifically, on-chain transactions exceeding $100k on the above networks have experienced a sharp uptick this week, thus signaling heightened accumulation. Cardano ($ADA ) Price Action Since the bullish breakout of the Cardano price last year, the large-cap altcoin, with a fully diluted valuation of about $20 billion, has been consolidating in a megaphone structure year-to-date. Having established a solid support level above 43 cents and the 50 weekly Moving Average (MA), #ADA price against the US dollar is on the cusp of a major bullish uproar. #ShibaInu Price Action Amid the ongoing meme coin frenzy, $SHIB price has been attempting to mirror frog-themed Pepe (PEPE), and Floki Inu (FLOKI). The large-cap meme coin, with a fully diluted valuation of about $25 billion, has signaled an inevitable bullish pump after establishing a support level around $0.00021, which coincides with the weekly 0.618 Fibonacci Retracement. JamsmyCoin (#JASMY ) The mid-cap altcoin, with a market cap of about $1.8 billion and a daily average traded volume of around $211 million, has been rising since the beginning of the year. From a technical standpoint, $JASMY ’s price against the US dollar is attempting to enter a bullish phase as the weekly Relative Strength Index (RSI) hovers around 68 points. #altcoins
--
🚀🚀🚀😱Altcoins with Big Bang Potential: 5X May Be Possible😱🚀🚀🚀 1. Floki (#FLOKI ) $FLOKI , a meme coin influenced by Elon Musk’s Shiba Inu, has become a center of investor enthusiasm. With a significant increase of 24.23% over the last day, hitting an all-time high of $0.0003462 FLOKI now has a market cap surpassing $3 billion, highlighting its increasing importance in the world of cryptocurrencies. FLOKI’s rapid surge in value is fueled by increased trading volume and a circulating supply of over 4 trillion tokens. This indicates a strong interest in meme-based cryptocurrencies among retail investors looking for lucrative prospects. 2. $ORDI (#ORDI ) Meanwhile, ORDI, a less dominant altcoin, has slowly but surely moved up in the rankings. The token has experienced a 19.34% increase in the last day, pushing its market capitalization to over $1 billion, highlighting its strength and potential for continued expansion. Although ORDI has a lower trading volume than other altcoins, its strong performance demonstrates the variety of investment options available in the crypto market. This appeals to both popular and specialized projects. 3. Uniswap (#UNI ) Uniswap price has also experienced substantial progress, driven by a 17.98% increase in the last 24 hours. Approaching a $7 billion market cap, $UNI is strengthening its role as a central part of the decentralized finance (DeFi) industry, giving users convenient entry to various digital assets. UNI’s importance in supporting liquidity provision and token exchanges remains crucial as the DeFi ecosystem grows and evolves. This contributes to the growth in its value, despite increased market volatility. #altcoins
--

Latest News

View More
Sitemap
Cookie Preferences
Platform T&Cs