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WISE CRYPTO NEWS
Bullish
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📈The market situation is improving and the price of #ZRX maintains the support level of 0.4650-0.3300 dollars and is moving above it. The #downward trend has weakened and the price can start pumping from these areas and the first target is $0.5660. #CryptoWatchMay2024 #BTC #altcoins

📈The market situation is improving and the price of #ZRX maintains the support level of 0.4650-0.3300 dollars and is moving above it.

The #downward trend has weakened and the price can start pumping from these areas and the first target is $0.5660.

#CryptoWatchMay2024 #BTC #altcoins

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Black Swan Survivor LUNC Surges 13% Coinciding with Terra’s malfunctioning stablecoin #TerraClassicUSD ($USTC ) massive 28% spike to $0.0233, LUNC’s price trajectory received a significant boost on May 2, scorching above the $0.0001 confluent support line after dropping below this decisive price range on April 30. Thanks to Binance’s LUNC burning contributions, the circulating LUNC supply is now heavily reduced, with 5,799,402,152,117 LUNC tokens left in circulation. Binance’s latest monthly burning ceremony saw 1.5B LUNC tokens destroyed, but the effort was significantly smaller than the cumulative burns executed in April. The 140% upswing in #TerraClassic ’s 24-hour trading volume contributed towards the surge, and #LUNC✅ added $100 million to its global market cap since May 2. The milestone was followed by an overbought condition on LUNC’s trading charts, as this indicator points to 75.12. Volatility-wise, the tight Bollinger Bands are gradually widening, implying that $LUNC price volatility will likely expand in the coming days. #ETFvsBTC #BTC
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LUNC Picks Up 13% Despite Trashed Key Terra Classic Proposal Last weekend, Terra Luna Classic ($LUNC ) rejected a key governance proposal to prevent the chain’s validators from launching multiple validators on the network. Proposal #12101 seeks to impose a single-validator rule, which has been called “un-actionable” and “pointless” by certain validators like SolidVote. While most members agree the proposal to limit validator nodes has good intentions, the strategy would be hard to realize because Terra chain validators can simply ignore the implemented rules. Breaking down the voting results, almost 38% of #TerraClassic community members voted ‘Yes’, while 37% voted ‘No’, and another 21% vetoed the proposal. Despite the #TerraLunaClassic community being divided into two camps over #LUNC✅ chain validator policy, the embattled Layer-1 altcoin inked 8.6% gains to trade at $0.0001162 as of press time. While the validator limit proposal tackles centralization issues due to unlimited validator nodes, a resubmission of the proposal is likely soon. #ETFvsBTC #BTC
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Better Alternative to Consider – Wiener AI (WAI) Investors tempted to jump into a risky, speculative coin like $LUNC obviously have a high-risk tolerance. This appetite towards risk might be better served with a different strategy that, while also risky, has higher upside potential. The strategy in question is crypto presale investing, which involves buying the tokens of startup crypto projects before they release a product. A fun new AI meme coin called Wiener AI (WAI) has caught the attention of analysts at Cryptonews, for example. The Sausage dog-themed meme coin offers a suite of handy AI trading capabilities and has already raised over $1.3 million. Interested investors may want to move quickly, as the WAI price will rise when the $1.66 million presale target is hit. Currently priced at $0.000705, investors are buying WAI at a market cap of around $45 million. However, #investors could look at gains of 10x or more if WAI becomes a market leader. 20% of the supply has been allocated to staking rewards, with presale investors currently earning a massive 721% #APY . At this rate, investors can double their initial presale investment in under one month. #ETFvsBTC #ETHETFS #BTC
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🚨#orn/usdt : 1D $ORN is on an uptrend, making new highs while finding support above the 200 #EMA . Currently, the price is in a correction phase and is expected to break out of the zone by breaking up the trendline. It would be a good idea to go long once the $1.720 level is broken. The price is expected to continue its bullish momentum. Buy : $1.720 TP : $3.156 SL : $1.114 #ETHETFS #ETFvsBTC #BTC
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