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Dog-themed Meme Coins V Solana Tokens: Bulls Eye Huge Gains !!
#BinanceTournament #IntroToCopytrading #Megadrop #altcoins #EarnFreeCrypto2024
Dog-themed meme coins traded sideways this week as losses eventually canceled out previous gains. The wider crypto market also moved in a similar direction with price fluctuations after the initial rebound at the start of the week. The market capitalization still hovers around $2.26 trillion as bulls look for the next market direction.
Meme coins recorded inflows this week increasing the market cap to $49.6 billion. However, the last 24 hours wiped out slight gains seen but some classes of meme tokens have moved in a different direction. High-capped dog-themed meme coins and Solana tokens gained traction based on how assets traded.
The previous week saw a sharp decline in the asset class as Dogecoin (DOGE) and Shiba Inu (SHIB) traded negatively. The market cap is up 0.1% to $35.2 billion while daily trading volumes are over $2 billion. In the last 24 hours, assets like Dogo Token, DogWifNoHat, and DogeVerse have led gains. Dogo Token soared a massive 790% increasing weekly figures to 2970%.
DogWifNoHat and DogeVerse tapped 46% and 43% gains in the same window. While these were the biggest gainers, top assets saw exits from the market.DOGE exchanges hands at $0.1237 posting 1.1% outflows today while weekly numbers dropped by 0.8%. On the other hand, SHIB had increased exits with 2.4% outflows today a weekly 4%.
Dogwifhat (WIF) flipped weekly losses to the green zone after bulls picked up the pace in mid-week trading to notch 7% gains.
Unlike other categories, Solana meme coins surged this week on the back of SOL’s trading activity. Solana tokens are up 4.6% today with bulls setting sights on more gains. Recent upticks come following spot ETF applications in the United States. Top gainers include Kamala Horris and MAGA PEPE which picked up 77% and 22.2% inflows. However, larger assets like dogwifhat, BONK, and BOME fell 7%, 4.6%, and 8.2% respectively.
#BinanceTournament #IntroToCopytrading #Megadrop #altcoins #EarnFreeCrypto2024
Dog-themed meme coins traded sideways this week as losses eventually canceled out previous gains. The wider crypto market also moved in a similar direction with price fluctuations after the initial rebound at the start of the week. The market capitalization still hovers around $2.26 trillion as bulls look for the next market direction.
Meme coins recorded inflows this week increasing the market cap to $49.6 billion. However, the last 24 hours wiped out slight gains seen but some classes of meme tokens have moved in a different direction. High-capped dog-themed meme coins and Solana tokens gained traction based on how assets traded.
The previous week saw a sharp decline in the asset class as Dogecoin (DOGE) and Shiba Inu (SHIB) traded negatively. The market cap is up 0.1% to $35.2 billion while daily trading volumes are over $2 billion. In the last 24 hours, assets like Dogo Token, DogWifNoHat, and DogeVerse have led gains. Dogo Token soared a massive 790% increasing weekly figures to 2970%.
DogWifNoHat and DogeVerse tapped 46% and 43% gains in the same window. While these were the biggest gainers, top assets saw exits from the market.DOGE exchanges hands at $0.1237 posting 1.1% outflows today while weekly numbers dropped by 0.8%. On the other hand, SHIB had increased exits with 2.4% outflows today a weekly 4%.
Dogwifhat (WIF) flipped weekly losses to the green zone after bulls picked up the pace in mid-week trading to notch 7% gains.
Unlike other categories, Solana meme coins surged this week on the back of SOL’s trading activity. Solana tokens are up 4.6% today with bulls setting sights on more gains. Recent upticks come following spot ETF applications in the United States. Top gainers include Kamala Horris and MAGA PEPE which picked up 77% and 22.2% inflows. However, larger assets like dogwifhat, BONK, and BOME fell 7%, 4.6%, and 8.2% respectively.
Pepe Coin Faces Bearish Pressure as Major Sell-Off Sparks Concerns !!
#BinanceTournament #Megadrop #altcoins #EarnFreeCrypto2024 #IntroToCopytrading
The price of Pepe Coin has experienced a significant decline today, reaching $0.000012, corresponding to a decline of 3.94% within the last 24 hours. This meme coin is known for its volatility, as shown by an extensive trading volume that has exceeded $523 million as of now.
This came after an Ethereum whale deposited 118.5 billion PEPE coins into Kraken, which might be interpreted as profit-taking after holding the coins for seven months. The market has wondered if this could be it for PEPE this time.
Technical Analysis: Navigating the Peaks and Troughs
Today, Pepe Coin began on a bearish note, continuing its downward trend during a wider correction phase. The intraday chart reveals that highs reached $0.000018 before massive sell-offs, which signals strong levels of price rejection at higher prices. Traders, therefore, might take this to mean that they should book profits and realign their positions based on how the coin has been performing lately.
On the four-hour chart, the Relative Strength Index (RSI) is currently reading at 43.83, indicating some bear power taking hold of the market. A fall below the neutral 50 mark typically indicates growing bearish pressure, and PEPE's RSI levels suggest that sellers are currently in control, pushing the price down from earlier highs.
With the price movements, PEPE has had a significant trading volume, indicating that many people are still buying even though prices have fallen. In addition to a declining price, high volume figures normally indicate intense selling pressure. Additionally, on the four-hour chart for Moving Average Convergence Divergence (MACD), there is a bearish crossover since the MACD line fell below the signal line. This can be taken as a bearish signal, implying that PEPE might face more downward motions during a short period of time.
#BinanceTournament #Megadrop #altcoins #EarnFreeCrypto2024 #IntroToCopytrading
The price of Pepe Coin has experienced a significant decline today, reaching $0.000012, corresponding to a decline of 3.94% within the last 24 hours. This meme coin is known for its volatility, as shown by an extensive trading volume that has exceeded $523 million as of now.
This came after an Ethereum whale deposited 118.5 billion PEPE coins into Kraken, which might be interpreted as profit-taking after holding the coins for seven months. The market has wondered if this could be it for PEPE this time.
Technical Analysis: Navigating the Peaks and Troughs
Today, Pepe Coin began on a bearish note, continuing its downward trend during a wider correction phase. The intraday chart reveals that highs reached $0.000018 before massive sell-offs, which signals strong levels of price rejection at higher prices. Traders, therefore, might take this to mean that they should book profits and realign their positions based on how the coin has been performing lately.
On the four-hour chart, the Relative Strength Index (RSI) is currently reading at 43.83, indicating some bear power taking hold of the market. A fall below the neutral 50 mark typically indicates growing bearish pressure, and PEPE's RSI levels suggest that sellers are currently in control, pushing the price down from earlier highs.
With the price movements, PEPE has had a significant trading volume, indicating that many people are still buying even though prices have fallen. In addition to a declining price, high volume figures normally indicate intense selling pressure. Additionally, on the four-hour chart for Moving Average Convergence Divergence (MACD), there is a bearish crossover since the MACD line fell below the signal line. This can be taken as a bearish signal, implying that PEPE might face more downward motions during a short period of time.
XRP price prediction – The odds of altcoin hitting $0.50 are !!!
#IntroToCopytrading #BinanceTournament #Megadrop #altcoins #EarnFreeCrypto2024
XRP’s price looked set to hit $0.46 after the number of realized profits increased Downswing could continue if traction on the network continues to fall
Over the last 24 hours, XRP hit its highest levels of daily on-chain transaction volumes in profit, since 26 May. This was evident from the ratio of transactions in volume to loss.
When the reading is below 1, it means that there are more transactions in loss than in profit. At press time, the ratio was 2.016. This means that for every transaction that ended in a realized loss, there were two more in realized profits.
On 28 June, the price of the token hit $0.48 on the charts. However, at press time, the token had dropped to $0.47 again.
Though the rise in profit-taking is a good thing for holders, it is not the same for the price. This, because an increase in gains booked could halt a cryptocurrency’s price from going higher.
As can be seen in the image below, almost every time the metric spiked, the price fell soon after. This time, it might not be different. If this is the case, the value of the altcoin might drop to $0.46 within a few days.
However, it also helps in spotting prices to accumulate and when to distribute.
At press time, XRP’s 30-day ratio was -5.45%. Usually, a negative ratio means that the average XRP holder is at a loss. Therefore, if all holders decide to sell, the average return would be -5.45%.
good buying opportunities appear when the metric is between -8.59% and -18.63%. As such, the price of the token could go lower before a rebound happens.
Thus, the prediction to $0.46 seems feasible. However, it is important to note that invalidation might occur if a broader altcoin rally begins. If this is the case, the value of the crypto could retest $0.48.In a highly bullish scenario, XRP could climb as high as $0.50.
#IntroToCopytrading #BinanceTournament #Megadrop #altcoins #EarnFreeCrypto2024
XRP’s price looked set to hit $0.46 after the number of realized profits increased Downswing could continue if traction on the network continues to fall
Over the last 24 hours, XRP hit its highest levels of daily on-chain transaction volumes in profit, since 26 May. This was evident from the ratio of transactions in volume to loss.
When the reading is below 1, it means that there are more transactions in loss than in profit. At press time, the ratio was 2.016. This means that for every transaction that ended in a realized loss, there were two more in realized profits.
On 28 June, the price of the token hit $0.48 on the charts. However, at press time, the token had dropped to $0.47 again.
Though the rise in profit-taking is a good thing for holders, it is not the same for the price. This, because an increase in gains booked could halt a cryptocurrency’s price from going higher.
As can be seen in the image below, almost every time the metric spiked, the price fell soon after. This time, it might not be different. If this is the case, the value of the altcoin might drop to $0.46 within a few days.
However, it also helps in spotting prices to accumulate and when to distribute.
At press time, XRP’s 30-day ratio was -5.45%. Usually, a negative ratio means that the average XRP holder is at a loss. Therefore, if all holders decide to sell, the average return would be -5.45%.
good buying opportunities appear when the metric is between -8.59% and -18.63%. As such, the price of the token could go lower before a rebound happens.
Thus, the prediction to $0.46 seems feasible. However, it is important to note that invalidation might occur if a broader altcoin rally begins. If this is the case, the value of the crypto could retest $0.48.In a highly bullish scenario, XRP could climb as high as $0.50.
XRP Price: First Stop $5 And Second Stop $11 If BTC And ETH Skyrocket !!
#BinanceTournament #Megadrop #IntroToCopytrading #altcoins #EarnFreeCrypto2024 According to several analysts, Ripple’s XRP has been setting up a similar pattern to what was seen from 2014 to 2017, which led to a massive price increase. Furthermore, regulatory clarity in the cryptocurrency space, particularly the conclusion of the SEC’s investigation into Ethereum, also bodes well for XRP. Over the past 48 hours, there have been significant XRP transfers, totaling almost 160 million coins. These transactions coincided with a 3% price surge for XRP.
To understand XRP’s price predictions, analyst Cheeky Crypto said that it’s essential to consider Bitcoin and Ethereum as well. Bitcoin is currently priced at $61,000 with a market cap of $1.2 trillion. Predictions suggest Bitcoin could reach $500,000, making its market cap even higher.
Ethereum, priced at $3,400 with a market cap of $45 billion, is also expected to grow, especially with the upcoming spot ETFs. Some predict Ethereum could reach new heights.
XRP, with a market cap of $26.4 billion, could see major growth if Bitcoin and Ethereum reach their predicted values. The overall crypto market often moves together, so as Bitcoin and Ethereum rise, XRP is likely to follow. The SEC lawsuit has impacted XRP’s price, but its potential remains strong in the context of overall market dynamics.
According to the analyst, currently, there is potential for XRP to rise significantly, possibly reaching $5.59 to $11.26. Some might find these numbers unrealistic, given past negative sentiments and setbacks from the SEC lawsuit. If the SEC case concludes favorably for Ripple, XRP could reach new heights. He suggests that XRP’s potential could go even higher, potentially reaching $35 if the market conditions are favorable.
At the time of writing, XRP is trading in the red zone, below the crucial $0.50 levels.
#BinanceTournament #Megadrop #IntroToCopytrading #altcoins #EarnFreeCrypto2024 According to several analysts, Ripple’s XRP has been setting up a similar pattern to what was seen from 2014 to 2017, which led to a massive price increase. Furthermore, regulatory clarity in the cryptocurrency space, particularly the conclusion of the SEC’s investigation into Ethereum, also bodes well for XRP. Over the past 48 hours, there have been significant XRP transfers, totaling almost 160 million coins. These transactions coincided with a 3% price surge for XRP.
To understand XRP’s price predictions, analyst Cheeky Crypto said that it’s essential to consider Bitcoin and Ethereum as well. Bitcoin is currently priced at $61,000 with a market cap of $1.2 trillion. Predictions suggest Bitcoin could reach $500,000, making its market cap even higher.
Ethereum, priced at $3,400 with a market cap of $45 billion, is also expected to grow, especially with the upcoming spot ETFs. Some predict Ethereum could reach new heights.
XRP, with a market cap of $26.4 billion, could see major growth if Bitcoin and Ethereum reach their predicted values. The overall crypto market often moves together, so as Bitcoin and Ethereum rise, XRP is likely to follow. The SEC lawsuit has impacted XRP’s price, but its potential remains strong in the context of overall market dynamics.
According to the analyst, currently, there is potential for XRP to rise significantly, possibly reaching $5.59 to $11.26. Some might find these numbers unrealistic, given past negative sentiments and setbacks from the SEC lawsuit. If the SEC case concludes favorably for Ripple, XRP could reach new heights. He suggests that XRP’s potential could go even higher, potentially reaching $35 if the market conditions are favorable.
At the time of writing, XRP is trading in the red zone, below the crucial $0.50 levels.
Injective Price Forecast: Is a Surge to $50 by July Realistic?
#IntroToCopytrading #BinanceTournament #Megadrop #altcoins #EarnFreeCrypto2024
Injective Price Forecast: INJ has seen a notable price increase over the past 24 hours. The INJ price is strong above the $23 support level, indicating a potential for sustained growth if the market conditions remain favorable. The altcoin hovered at $23.41, marking an increase of 1.9% during the US trading hours.
According to data from CoinMarketCap, Injective’s market capitalization now stands at approximately $2 billion, ranking it 41st among cryptocurrencies. Meanwhile, trading volume surged by 17% to reach $89 million, reflecting heightened activity and investor interest. This uptick in trading volume could suggest increased liquidity and investor confidence in the stability and prospects of INJ.
Injective Price Forecast: Will Bullish Momentum Push INJ to New Highs?
The Altcoin Injective has recently experienced a notable increase of 12% in its value over the last week. This rise is attributed to growing investor enthusiasm and positive shifts in the market.
The INJ price is on an upward trajectory, supported by a broader rally in other alternative cryptocurrencies. Favorable conditions and active speculation are also contributing factors.
Over the past month, Injective’s value has declined 12%, suggesting a minor market adjustment. Prices have fluctuated between $19 and $32, indicative of the usual volatility associated with altcoins.
Despite the recent downturn, investor sentiment towards Injective remains cautiously optimistic. This optimism is bolstered by signs of resilience and potential recovery into the broader cryptocurrency market.
According to data from DeFiLlama, Injective protocol has a total value locked (TVL) of $54.14 million. The 24-hour trading volume is $4.22 million, with inflows recorded at $42 million. The INJ token price is currently $23. These metrics underscore Injective’s position in decentralized finance (DeFi), highlighting its current market dynamics and investor activity
#IntroToCopytrading #BinanceTournament #Megadrop #altcoins #EarnFreeCrypto2024
Injective Price Forecast: INJ has seen a notable price increase over the past 24 hours. The INJ price is strong above the $23 support level, indicating a potential for sustained growth if the market conditions remain favorable. The altcoin hovered at $23.41, marking an increase of 1.9% during the US trading hours.
According to data from CoinMarketCap, Injective’s market capitalization now stands at approximately $2 billion, ranking it 41st among cryptocurrencies. Meanwhile, trading volume surged by 17% to reach $89 million, reflecting heightened activity and investor interest. This uptick in trading volume could suggest increased liquidity and investor confidence in the stability and prospects of INJ.
Injective Price Forecast: Will Bullish Momentum Push INJ to New Highs?
The Altcoin Injective has recently experienced a notable increase of 12% in its value over the last week. This rise is attributed to growing investor enthusiasm and positive shifts in the market.
The INJ price is on an upward trajectory, supported by a broader rally in other alternative cryptocurrencies. Favorable conditions and active speculation are also contributing factors.
Over the past month, Injective’s value has declined 12%, suggesting a minor market adjustment. Prices have fluctuated between $19 and $32, indicative of the usual volatility associated with altcoins.
Despite the recent downturn, investor sentiment towards Injective remains cautiously optimistic. This optimism is bolstered by signs of resilience and potential recovery into the broader cryptocurrency market.
According to data from DeFiLlama, Injective protocol has a total value locked (TVL) of $54.14 million. The 24-hour trading volume is $4.22 million, with inflows recorded at $42 million. The INJ token price is currently $23. These metrics underscore Injective’s position in decentralized finance (DeFi), highlighting its current market dynamics and investor activity
Terra Classic price prediction: will LUNC reach $1?
#IntroToCopytrading #BinanceTournament #Megadrop #MicroStrategy #EarnFreeCrypto2024 In the last 12 months, Terra Classic (LUNC) has experienced notable price swings and token burns. And while market trends are mixed, many observers feel that strong community support might help the token recover and rise again in 2024 and beyond.
Several optimistic Terra Classic predictions even project the coin reaching $1. With that in mind, this article will consider the LUNC coin future, looking at its performance over the last year and echoing algorithmic projections made by the likes of CoinCodex and Traders Union.
What is Terra Classic?
Terra Classic is a blockchain protocol designed for global payments using stablecoins. It operates on a proof-of-stake (PoS) consensus, with its native token being LUNC.
The token, originally called Terra (LUNA), was developed by Terraform Labs, co-founded by Do Kwon and Daniel Shin. However, in May 2022, LUNA collapsed dramatically after its sister stablecoin, TerraUSD (UST), lost its peg.
Following the collapse, Terraform Labs launched a new blockchain called Terra 2.0, renaming the original blockchain to Terra Classic. The native LUNA token was also rebranded as LUNC, although some members of the crypto community call it Terra Luna Classic.
The Terra community is now working to revive LUNC by burning tokens to create scarcity and maintain its value.
Current market snapshot
At the time of writing, Terra Classic was priced at $0.00008235 with a 24-hour trading volume of $24.79 million. Its market cap currently stands at $452.6 million, holding a market dominance of 0.02%.
Terra Classic hit its peak price of $119.18 on April 5, 2022, and its lowest price of $0.00001675 on May 13, 2022. Since then, the highest it reached was $0.00059. Currently, per CoinCodex, sentiment around LUNC is neutral, but the Fear & Greed Index portends fear at 40.
The circulating supply of Terra Classic is 5.49 trillion LUNC out of a maximum supply of 6.783 trillion LUNC. Over the past year, the supply decreased by 0.68%, removing 39.77 billion LUNC from circulation.
Burn activity
Recent LUNC news shows that the token is continuing to experience significant burns, with the latest metrics showing robust daily burn activity.
At the time of writing, the total burn rate had reached 123,763,780,098 LUNC. Additionally, in the past week, the cumulative burn totaled 7.01 billion LUNC, averaging approximately 1 billion LUNC daily.
The 30-day metrics show 9.82 billion LUNC burned, averaging about 327.1 million LUNC daily. These figures highlight ongoing efforts to reduce supply and increase potential value.
Recent market trends
Over 30 days, Terra Classic experienced a 27.2% decline per CoinGecko. It also lost nearly 12% of its value across the last seven days. However, a 2.2% price increase in the previous 24 hours may underscore a cautiously optimistic expectation among investors amid market volatility.
At that time, Terra Classic traded between $0.00008009 and $0.00008409, reflecting the faint hoofbeats of a possible bullish trend.
Overall, LUNC’s recent price movement is part of a larger trend affecting most cryptocurrencies. Major assets like Bitcoin (BTC) and Ethereum (ETH) have also seen price adjustments, indicating market-wide corrections.
These trends suggest that LUNC’s recent downturn may have been influenced by overall investor sentiment and macroeconomic factors affecting the entire crypto space.
You might also like: $daddy price prediction: will the controversial meme coin go up again?
Terra Classic price prediction: short-term outlook
Given the current market conditions and performance indicators, it is unlikely that LUNC will reach $1 any time soon, as suggested in some quarters.
Despite high liquidity and a negative yearly inflation rate of -0.68%, LUNC’s price has decreased by 10.3% over the past year.
In addition, data from CoinGecko shows that it has underperformed relative to 88% of the top 100 crypto assets and major cryptocurrencies like BTC and ETH.
However, the CoinCodex short-term LUNC forecast has the price of the token rising by as much as 10.71%, and it is expected to reach $0.00008987 by the end of July.
On its part, Traders Union’s LUNC crypto prediction has the token trading between $0.000075 and $0.0000916 in July. The financial website also sees the minimum LUNC target price for December 2024 as $0.0000816, with the expectation of hitting a high of $0.0000997.
LUNC price prediction 2025
Looking ahead, what does the future hold for Terra Classic? Let’s dive into the LUNC price prediction for 2025 and beyond.
CoinCodex expects Terra Classic to break $0.000215 and maintain its market position by 2025, with the lowest anticipated price being $0.00006965.
On its part, Traders Union predicts an average price of $0.00010026 by the halfway point of 2025 and $0.00011091 by the end of the year.
Several optimistic Terra Classic predictions even project the coin reaching $1. With that in mind, this article will consider the LUNC coin future, looking at its performance over the last year and echoing algorithmic projections made by the likes of CoinCodex and Traders Union.
What is Terra Classic?
Terra Classic is a blockchain protocol designed for global payments using stablecoins. It operates on a proof-of-stake (PoS) consensus, with its native token being LUNC.
The token, originally called Terra (LUNA), was developed by Terraform Labs, co-founded by Do Kwon and Daniel Shin. However, in May 2022, LUNA collapsed dramatically after its sister stablecoin, TerraUSD (UST), lost its peg.
Following the collapse, Terraform Labs launched a new blockchain called Terra 2.0, renaming the original blockchain to Terra Classic. The native LUNA token was also rebranded as LUNC, although some members of the crypto community call it Terra Luna Classic.
The Terra community is now working to revive LUNC by burning tokens to create scarcity and maintain its value.
Current market snapshot
At the time of writing, Terra Classic was priced at $0.00008235 with a 24-hour trading volume of $24.79 million. Its market cap currently stands at $452.6 million, holding a market dominance of 0.02%.
Terra Classic hit its peak price of $119.18 on April 5, 2022, and its lowest price of $0.00001675 on May 13, 2022. Since then, the highest it reached was $0.00059. Currently, per CoinCodex, sentiment around LUNC is neutral, but the Fear & Greed Index portends fear at 40.
The circulating supply of Terra Classic is 5.49 trillion LUNC out of a maximum supply of 6.783 trillion LUNC. Over the past year, the supply decreased by 0.68%, removing 39.77 billion LUNC from circulation.
Burn activity
Recent LUNC news shows that the token is continuing to experience significant burns, with the latest metrics showing robust daily burn activity.
At the time of writing, the total burn rate had reached 123,763,780,098 LUNC. Additionally, in the past week, the cumulative burn totaled 7.01 billion LUNC, averaging approximately 1 billion LUNC daily.
The 30-day metrics show 9.82 billion LUNC burned, averaging about 327.1 million LUNC daily. These figures highlight ongoing efforts to reduce supply and increase potential value.
Recent market trends
Over 30 days, Terra Classic experienced a 27.2% decline per CoinGecko. It also lost nearly 12% of its value across the last seven days. However, a 2.2% price increase in the previous 24 hours may underscore a cautiously optimistic expectation among investors amid market volatility.
At that time, Terra Classic traded between $0.00008009 and $0.00008409, reflecting the faint hoofbeats of a possible bullish trend.
Overall, LUNC’s recent price movement is part of a larger trend affecting most cryptocurrencies. Major assets like Bitcoin (BTC) and Ethereum (ETH) have also seen price adjustments, indicating market-wide corrections.
These trends suggest that LUNC’s recent downturn may have been influenced by overall investor sentiment and macroeconomic factors affecting the entire crypto space.
You might also like: $daddy price prediction: will the controversial meme coin go up again?
Terra Classic price prediction: short-term outlook
Given the current market conditions and performance indicators, it is unlikely that LUNC will reach $1 any time soon, as suggested in some quarters.
Despite high liquidity and a negative yearly inflation rate of -0.68%, LUNC’s price has decreased by 10.3% over the past year.
In addition, data from CoinGecko shows that it has underperformed relative to 88% of the top 100 crypto assets and major cryptocurrencies like BTC and ETH.
However, the CoinCodex short-term LUNC forecast has the price of the token rising by as much as 10.71%, and it is expected to reach $0.00008987 by the end of July.
On its part, Traders Union’s LUNC crypto prediction has the token trading between $0.000075 and $0.0000916 in July. The financial website also sees the minimum LUNC target price for December 2024 as $0.0000816, with the expectation of hitting a high of $0.0000997.
LUNC price prediction 2025
Looking ahead, what does the future hold for Terra Classic? Let’s dive into the LUNC price prediction for 2025 and beyond.
CoinCodex expects Terra Classic to break $0.000215 and maintain its market position by 2025, with the lowest anticipated price being $0.00006965.
On its part, Traders Union predicts an average price of $0.00010026 by the halfway point of 2025 and $0.00011091 by the end of the year.
Solana Will Get Support For Worldcoin’s World IDs – Wormhole !!
#IntroToCopytrading #BinanceTournament #Megadrop #MicroStrategy #EarnFreeCrypto2024
Wormhole will tap Solana blockchain to verify user’s Worldcoin World IDs that were originally verified on Ethereum.
Worldcoin’s World ID is set to expand to the Solana ecosystem, after Wormhole Labs received approximately $70,000 in funding from the Worldcoin Foundation.
Sam Altman’s Worldcoin was all the rage last summer, as the project’s co-founder claimed that people were enrolling every eight seconds on average. In an attempt to push the project back into the public consciousness, the Worldcoin Foundation launched a grants program, which set aside over $830,000 worth of WLD tokens to fund projects.
One of those projects is the cross-chain protocol Wormhole, which intends to bring Worldcoin’s World ID to the Solana blockchain.
Wormhole helps transfer data and assets across over 30 blockchains, including Solana, Ethereum, and Binance Smart Chain.
This latest move will bring Worldcoin’s World ID, originally built on Ethereum and layer-2 scaling network Optimism, to Solana.
World ID is the technology at the core of the Worldcoin project. By scanning your eye using one of Worldcoin’s Orbs, you are given an IrisCode, which is then used to generate a World ID.
This process is done to prove your “personhood” and eliminate the possibility that you’re a robot, as a response to rapid advances in artificial intelligence (AI).
Once you’ve proved you’re a real person, you can use the World App. This allows users to reveal information about themselves while remaining private through the platform’s ID system. On top of this, the World App doubles as a crypto wallet, allowing users to store Bitcoin, Ethereum, and USDC.
The company claimed that over 2 million people signed up for the project, attracting regulatory investigations from a number of nations. France and Germany, for example, coordinated an investigation on the legality of the project, while Kenya completely banned it.
#IntroToCopytrading #BinanceTournament #Megadrop #MicroStrategy #EarnFreeCrypto2024
Wormhole will tap Solana blockchain to verify user’s Worldcoin World IDs that were originally verified on Ethereum.
Worldcoin’s World ID is set to expand to the Solana ecosystem, after Wormhole Labs received approximately $70,000 in funding from the Worldcoin Foundation.
Sam Altman’s Worldcoin was all the rage last summer, as the project’s co-founder claimed that people were enrolling every eight seconds on average. In an attempt to push the project back into the public consciousness, the Worldcoin Foundation launched a grants program, which set aside over $830,000 worth of WLD tokens to fund projects.
One of those projects is the cross-chain protocol Wormhole, which intends to bring Worldcoin’s World ID to the Solana blockchain.
Wormhole helps transfer data and assets across over 30 blockchains, including Solana, Ethereum, and Binance Smart Chain.
This latest move will bring Worldcoin’s World ID, originally built on Ethereum and layer-2 scaling network Optimism, to Solana.
World ID is the technology at the core of the Worldcoin project. By scanning your eye using one of Worldcoin’s Orbs, you are given an IrisCode, which is then used to generate a World ID.
This process is done to prove your “personhood” and eliminate the possibility that you’re a robot, as a response to rapid advances in artificial intelligence (AI).
Once you’ve proved you’re a real person, you can use the World App. This allows users to reveal information about themselves while remaining private through the platform’s ID system. On top of this, the World App doubles as a crypto wallet, allowing users to store Bitcoin, Ethereum, and USDC.
The company claimed that over 2 million people signed up for the project, attracting regulatory investigations from a number of nations. France and Germany, for example, coordinated an investigation on the legality of the project, while Kenya completely banned it.
Terra Luna Classic Hits 1 Trillion Staked, Awaits Binance’s Major Burn !!
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The Terra Luna Classic community awaits a significant LUNC burn by Binance to further reduce supply.Over 1 trillion LUNC is staked, and 124 billion have been burned, with more expected from the Tax2Gas mechanism.The Terra Luna Classic (LUNC) community is eagerly awaiting a significant LUNC burn by Binance, the prominent cryptocurrency exchange, as part of its ongoing LUNC burn mechanism. The anticipated burn is expected to further decrease the total LUNC supply, dropped to 6.78 trillion due to increased trading volumes and previous burns.
The delegators have significantly increased their stakes with Terra Luna Classic validators, pushing the total staked LUNC to over 1 trillion. This staking surge reflects strong community support and confidence in the project’s future. The current staking ratio of LUNC is at 14.83% showcasing the robust backing from validators and investors alike.
Binance has played a pivotal role in the LUNC burn initiative, having burned approximately 60.42 billion LUNC so far. This amount constitutes nearly 48.8% of the total LUNC burned by the community. The community as a whole has successfully burned around 124 billion LUNC, with 71 billion burned by sending them to a burning wallet and an additional 53 billion through on-chain burn mechanisms.
Last week alone, nearly 7 billion LUNC was burned as whales and investors transferred LUNC from centralized exchanges. These transactions generated total fees amounting to 8.34 billion LUNC, contributing to the overall burn effort. The significant increase in LUNC staked highlights the validators and community’s commitment to supporting the network
The Terra Luna Classic community is also looking forward to the implementation of the Tax2Gas mechanism, which is expected to boost LUNC burns, as reported by Crypto News Flash. This initiative, anticipated to be completed by July, aims to generate additional LUNC burns through transaction
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The Terra Luna Classic community awaits a significant LUNC burn by Binance to further reduce supply.Over 1 trillion LUNC is staked, and 124 billion have been burned, with more expected from the Tax2Gas mechanism.The Terra Luna Classic (LUNC) community is eagerly awaiting a significant LUNC burn by Binance, the prominent cryptocurrency exchange, as part of its ongoing LUNC burn mechanism. The anticipated burn is expected to further decrease the total LUNC supply, dropped to 6.78 trillion due to increased trading volumes and previous burns.
The delegators have significantly increased their stakes with Terra Luna Classic validators, pushing the total staked LUNC to over 1 trillion. This staking surge reflects strong community support and confidence in the project’s future. The current staking ratio of LUNC is at 14.83% showcasing the robust backing from validators and investors alike.
Binance has played a pivotal role in the LUNC burn initiative, having burned approximately 60.42 billion LUNC so far. This amount constitutes nearly 48.8% of the total LUNC burned by the community. The community as a whole has successfully burned around 124 billion LUNC, with 71 billion burned by sending them to a burning wallet and an additional 53 billion through on-chain burn mechanisms.
Last week alone, nearly 7 billion LUNC was burned as whales and investors transferred LUNC from centralized exchanges. These transactions generated total fees amounting to 8.34 billion LUNC, contributing to the overall burn effort. The significant increase in LUNC staked highlights the validators and community’s commitment to supporting the network
The Terra Luna Classic community is also looking forward to the implementation of the Tax2Gas mechanism, which is expected to boost LUNC burns, as reported by Crypto News Flash. This initiative, anticipated to be completed by July, aims to generate additional LUNC burns through transaction
XRP and Cardano ETFs Not Very Likely Right Now, Here's Why !!
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GSR recently released its ETF Possibility Score, which evaluates the potential for ETFs on various cryptocurrencies based on decentralization and demand metrics. The research involves calculating decentralization and demand scores by converting various category metrics into z-scores, combining them and averaging each category's z-score.
Decentralization, a complex and nuanced concept, considers issues such as permissionless participation, development control, token distribution and hardware diversity.
Key decentralization metrics include the Nakamoto Coefficient, which measures the smallest number of entities that can collude to attack a network, and staking requirements, which assesses the ease of participation as a node operator or validator.
According to GSR's analysis, XRP and Cardano have decentralization scores of -0.9 and -0.1, ranking last and fifth, respectively. It should be noted that Nakaflow does not provide a rate for Cardano and XRP, so GSR used estimates based on other sources.
Demand potential is another key factor, taking into account metrics such as market cap, trading volume and community activity levels. Higher scores in these metrics generally indicate stronger future demand. XRP and Cardano have demand scores of -0.2 and -0.5, placing them fourth and sixth, respectively.
Combining these scores, GSR's ETF Possibility Score weights decentralization at 33% and demand at 67%. Ethereum emerged as the leader, with Solana and NEAR also performing well. In contrast, XRP and Cardano's lower scores suggest a lower likelihood of ETFs for these assets in the near future.
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GSR recently released its ETF Possibility Score, which evaluates the potential for ETFs on various cryptocurrencies based on decentralization and demand metrics. The research involves calculating decentralization and demand scores by converting various category metrics into z-scores, combining them and averaging each category's z-score.
Decentralization, a complex and nuanced concept, considers issues such as permissionless participation, development control, token distribution and hardware diversity.
Key decentralization metrics include the Nakamoto Coefficient, which measures the smallest number of entities that can collude to attack a network, and staking requirements, which assesses the ease of participation as a node operator or validator.
According to GSR's analysis, XRP and Cardano have decentralization scores of -0.9 and -0.1, ranking last and fifth, respectively. It should be noted that Nakaflow does not provide a rate for Cardano and XRP, so GSR used estimates based on other sources.
Demand potential is another key factor, taking into account metrics such as market cap, trading volume and community activity levels. Higher scores in these metrics generally indicate stronger future demand. XRP and Cardano have demand scores of -0.2 and -0.5, placing them fourth and sixth, respectively.
Combining these scores, GSR's ETF Possibility Score weights decentralization at 33% and demand at 67%. Ethereum emerged as the leader, with Solana and NEAR also performing well. In contrast, XRP and Cardano's lower scores suggest a lower likelihood of ETFs for these assets in the near future.
Bonk Price Analysis: BONK Eyes New ATH As VanEck Files for SOL ETF !!
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Bonk Price Analysis: The price of Bonk surged by 9.9% in the last 24 hours to trade around $0.00002421 during European business hours on Friday. The price increase comes after VanEck filed for Solana ETF in the US, claiming SOL is a commodity. Being the largest meme coin on Solana, Bonk reacted quickly to this news.
BONK price was in a downtrend for the past 4 weeks before it began rising on Monday this week. Bonk price action is in an ascending triangle, which is technically a bullish market structure.
Bonk is trending above the 50-day but below the 200-day simple moving averages (SMA), a signal of a potential price reversal coming soon.
The Bonk 14-day relative strength index (RSI) crossed above its moving average (MA) on Monday, shifting market sentiment to bullish. The RSI is at the midpoint level (47) with much upside room to move.
Data from Coinalyze shows that the aggregated open interest (OI) for Bonk increased by 8.91% in the last 24 hours. This signals investors are taking positions in the asset, anticipating further upside movement in BONK’s price. Additionally, the 24-hour trading volume of Bonk increased by 98%, signaling an increase in investor interest.
The price of Bonk is expected to continue on its upward trajectory to the $0.00004800 price target. This also happens to be its previous all-time high price. The rise constitutes a 71% increase from the current price. If bulls persist, Bonk may break out of the ascending triangle and surge to new all-time high prices.
Conversely, in a downward scenario, BONK price may find support around $0.00002186 and $0.00001397, from which it can bounce back up.
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Bonk Price Analysis: The price of Bonk surged by 9.9% in the last 24 hours to trade around $0.00002421 during European business hours on Friday. The price increase comes after VanEck filed for Solana ETF in the US, claiming SOL is a commodity. Being the largest meme coin on Solana, Bonk reacted quickly to this news.
BONK price was in a downtrend for the past 4 weeks before it began rising on Monday this week. Bonk price action is in an ascending triangle, which is technically a bullish market structure.
Bonk is trending above the 50-day but below the 200-day simple moving averages (SMA), a signal of a potential price reversal coming soon.
The Bonk 14-day relative strength index (RSI) crossed above its moving average (MA) on Monday, shifting market sentiment to bullish. The RSI is at the midpoint level (47) with much upside room to move.
Data from Coinalyze shows that the aggregated open interest (OI) for Bonk increased by 8.91% in the last 24 hours. This signals investors are taking positions in the asset, anticipating further upside movement in BONK’s price. Additionally, the 24-hour trading volume of Bonk increased by 98%, signaling an increase in investor interest.
The price of Bonk is expected to continue on its upward trajectory to the $0.00004800 price target. This also happens to be its previous all-time high price. The rise constitutes a 71% increase from the current price. If bulls persist, Bonk may break out of the ascending triangle and surge to new all-time high prices.
Conversely, in a downward scenario, BONK price may find support around $0.00002186 and $0.00001397, from which it can bounce back up.
ZKsync Price Analysis: How Market Trends Spotlight ZK Surge to $1?
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ZKsync Price Analysis: ZK, a Layer-2 protocol that scales Ethereum, has seen a notable increase in price over the past day. ZK price is recovering and showing signs of upward momentum after recent fluctuations. The altcoin hovered at $0.1626 during the European sessions on Friday, making a 3.24% surge in value, according to CoinMarketCap data. The current market capitalization is approximately $597 million, positioning zkSync as the 108th largest cryptocurrency in market cap. Additionally, trading volumes have risen by 3.49% in the last 24 hours, indicating a growing interest among investors.
ZKsync Price Analysis: Could ZK Break the $0.17 Soon?
Over the past week, the value of zkSync has oscillated between $0.18 and $0.15. This demonstrates persistent bearish trends in the market, with the price decreasing by 9% within the week and 42% over the month.
Despite these declines, there are signs of a possible future rebound following a recent uptick in bullish activity. Since its introduction, zkSync price has experienced significant volatility. ZK peaked at $0.3098 on July 17, and just a day prior, it fell to its lowest at $0.1501. With some positive market movements, ZK appears set for potential gains.
Last week marked a notable development for zkSync as it launched its ZK token. The token was airdropped to early supporters and listed on multiple exchanges, such as Binance, Bybit, Gate.io, and KuCoin.
Recently, CoinGape media reported that Robinhood Crypto EU announced plans to facilitate ZK trading, which has generated considerable excitement among investors. Additionally, the crypto exchange WEEX has revealed that on June 30, it will initiate the second phase of its ZKsync Launchpool.
Participants can invest WXT to earn a share of a 37,000 ZK token pool in this phase. This opportunity has attracted investors eager to engage with Zksync’s growing ecosystem.
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ZKsync Price Analysis: ZK, a Layer-2 protocol that scales Ethereum, has seen a notable increase in price over the past day. ZK price is recovering and showing signs of upward momentum after recent fluctuations. The altcoin hovered at $0.1626 during the European sessions on Friday, making a 3.24% surge in value, according to CoinMarketCap data. The current market capitalization is approximately $597 million, positioning zkSync as the 108th largest cryptocurrency in market cap. Additionally, trading volumes have risen by 3.49% in the last 24 hours, indicating a growing interest among investors.
ZKsync Price Analysis: Could ZK Break the $0.17 Soon?
Over the past week, the value of zkSync has oscillated between $0.18 and $0.15. This demonstrates persistent bearish trends in the market, with the price decreasing by 9% within the week and 42% over the month.
Despite these declines, there are signs of a possible future rebound following a recent uptick in bullish activity. Since its introduction, zkSync price has experienced significant volatility. ZK peaked at $0.3098 on July 17, and just a day prior, it fell to its lowest at $0.1501. With some positive market movements, ZK appears set for potential gains.
Last week marked a notable development for zkSync as it launched its ZK token. The token was airdropped to early supporters and listed on multiple exchanges, such as Binance, Bybit, Gate.io, and KuCoin.
Recently, CoinGape media reported that Robinhood Crypto EU announced plans to facilitate ZK trading, which has generated considerable excitement among investors. Additionally, the crypto exchange WEEX has revealed that on June 30, it will initiate the second phase of its ZKsync Launchpool.
Participants can invest WXT to earn a share of a 37,000 ZK token pool in this phase. This opportunity has attracted investors eager to engage with Zksync’s growing ecosystem.
Wormhole Integrates World ID on Solana With New Grant!!
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Wormhole has obtained a grant from the Worldcoin Foundation to bring the World ID onto the Solana blockchain. This integration seeks to improve user identification procedures in the blockchain networks through the use of Worldcoin’s decentralized identity solution
Wormhole Integrates World ID on Solana
Wormhole, which enables the transfer of data and assets between different blockchains, will integrate Worldcoin’s World ID into the Solana ecosystem. This partnership will allow thousands of developers to integrate World ID to verify user identity within the Solana ecosystem
In the recent announcement made by the Worldcoin Foundation, this integration will use the Ethereum to Solana State Bridge Service in order to make sure that the verification functions of the World ID are enabled on the Solana blockchain without having to compromise on the security and performance.
This is expected to enhance the process of verification of identities since it will be easier and more secure across various blockchains. This integration involves the use of Wormhole to broadcast World ID state roots from Ethereum to Solana whereby through a smart contract, a dedicated contract on Solana will validate and store these roots to enable Solana based applications to verify people’s identity easily.
Technical Details and Prospects
The technical aspect of this integration, therefore, includes the following features that make it efficient and secure. The SolanaWorldIDProgram, a new smart contract on Solana, will play a significant role in checking and storing the World ID state roots.
Also, Wormhole Queries will be used to verify inclusion proofs, which will be a secure way of getting data from other chains until Solana’s bn254 syscall is introduced
This integration improves the security & interoperability of digital identity verification offers opportunities for application developers to build new applications for authentication of human identity
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Wormhole has obtained a grant from the Worldcoin Foundation to bring the World ID onto the Solana blockchain. This integration seeks to improve user identification procedures in the blockchain networks through the use of Worldcoin’s decentralized identity solution
Wormhole Integrates World ID on Solana
Wormhole, which enables the transfer of data and assets between different blockchains, will integrate Worldcoin’s World ID into the Solana ecosystem. This partnership will allow thousands of developers to integrate World ID to verify user identity within the Solana ecosystem
In the recent announcement made by the Worldcoin Foundation, this integration will use the Ethereum to Solana State Bridge Service in order to make sure that the verification functions of the World ID are enabled on the Solana blockchain without having to compromise on the security and performance.
This is expected to enhance the process of verification of identities since it will be easier and more secure across various blockchains. This integration involves the use of Wormhole to broadcast World ID state roots from Ethereum to Solana whereby through a smart contract, a dedicated contract on Solana will validate and store these roots to enable Solana based applications to verify people’s identity easily.
Technical Details and Prospects
The technical aspect of this integration, therefore, includes the following features that make it efficient and secure. The SolanaWorldIDProgram, a new smart contract on Solana, will play a significant role in checking and storing the World ID state roots.
Also, Wormhole Queries will be used to verify inclusion proofs, which will be a secure way of getting data from other chains until Solana’s bn254 syscall is introduced
This integration improves the security & interoperability of digital identity verification offers opportunities for application developers to build new applications for authentication of human identity
Pepe Price Prediction & A New Meme Coin to Watch! #CryptoTradingGuide #BinanceTournament #Megadrop #MicroStrategy #EarnFreeCrypto2024
The meme coin market has been a rollercoaster in 2024, with Pepe (PEPE) often leading the way.
But there’s now a new contender, Pepe Unchained (PEPU), that’s catching the eye of investors.
In this article, we’ll talk about what investors can expect from PEPE’s price for the rest of the year and dive into why Pepe Unchained is gaining so much attention.
PEPE’s journey in 2024 has been crazy.
Kicking off the year at $0.00000130, it seemed like the token might be dead in the water as it slid to $0.00000086 by early February.Over the next few weeks, PEPE’s price exploded.We’re talking a jaw-dropping 1,100% surge from its February low, pushing to $0.0000107 by March 14.
The ride wasn’t over – after a brief pullback, PEPE found a second wind and rallied throughout April and May.
On May 28, PEPE hit a new all-time high of $0.0000171, a feat that nobody could have predicted at the start of the year.
Since then, we’ve seen a 26% retracement.
However, let’s put things in perspective – PEPE is still up over 870% from its 2024 starting price.
Overall, it’s been a year of sharp rallies and dips for token holders.With the overall trend still bullish, PEPE is proving its staying power.Pepe Unchained has an ambitious plan to build its own layer-2 blockchain network.It isn’t just a useless meme coin – it’ll potentially lay the groundwork for the next wave of joke tokens to emerge.Imagine a blockchain where these tokens can be created quickly and are unencumbered by the high fees and slow transactions that plague other chains.
The meme coin market has been a rollercoaster in 2024, with Pepe (PEPE) often leading the way.
But there’s now a new contender, Pepe Unchained (PEPU), that’s catching the eye of investors.
In this article, we’ll talk about what investors can expect from PEPE’s price for the rest of the year and dive into why Pepe Unchained is gaining so much attention.
PEPE’s journey in 2024 has been crazy.
Kicking off the year at $0.00000130, it seemed like the token might be dead in the water as it slid to $0.00000086 by early February.Over the next few weeks, PEPE’s price exploded.We’re talking a jaw-dropping 1,100% surge from its February low, pushing to $0.0000107 by March 14.
The ride wasn’t over – after a brief pullback, PEPE found a second wind and rallied throughout April and May.
On May 28, PEPE hit a new all-time high of $0.0000171, a feat that nobody could have predicted at the start of the year.
Since then, we’ve seen a 26% retracement.
However, let’s put things in perspective – PEPE is still up over 870% from its 2024 starting price.
Overall, it’s been a year of sharp rallies and dips for token holders.With the overall trend still bullish, PEPE is proving its staying power.Pepe Unchained has an ambitious plan to build its own layer-2 blockchain network.It isn’t just a useless meme coin – it’ll potentially lay the groundwork for the next wave of joke tokens to emerge.Imagine a blockchain where these tokens can be created quickly and are unencumbered by the high fees and slow transactions that plague other chains.
Can Terra Classic Rise From The Ashes? Analyst Foresees 1,500% Price Increase !!
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Terra Classic (LUNC), the phoenix attempting to rise from the ashes of the infamous TerraUSD crash, is once again capturing investor attention. Coincodex analysts predict a modest 10.7% price increase by July 25th, while renowned crypto analyst Javon Marks throws a much bolder 1,500% surge into the ring. So, is LUNC poised for a bullish breakout, or is this just another mirage in the volatile crypto desert? LUNC, once the backbone of the collapsed TerraUSD (USTC) stablecoin ecosystem, has defied expectations. While USTC lost its peg to the US dollar and spiraled into oblivion, LUNC has exhibited surprising resilience.
The past 24 hours saw an 82% price jump, showcasing continued investor interest in the controversial token. This resilience coincides with a broader market trend where investors, wary of traditional assets, are seeking refuge in digital currencies perceived as having strong recovery potential. Coincodex paints a picture of cautious optimism. Their prediction of a 10.7% rise suggests LUNC may experience a slow and steady climb. This aligns with the “Fear & Greed Index” which currently sits at a moderate “Fear” level, indicating a cautious market. However, analyst Javon Marks throws a wrench into the mix with a far more audacious prediction. Marks posits a potential 1,500% price surge, targeting a price of $0.00139122. This bullish outlook hinges on the idea that LUNC is nearing a breakout phase, fueled by a combination of its recent price gains and historical data.
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Terra Classic (LUNC), the phoenix attempting to rise from the ashes of the infamous TerraUSD crash, is once again capturing investor attention. Coincodex analysts predict a modest 10.7% price increase by July 25th, while renowned crypto analyst Javon Marks throws a much bolder 1,500% surge into the ring. So, is LUNC poised for a bullish breakout, or is this just another mirage in the volatile crypto desert? LUNC, once the backbone of the collapsed TerraUSD (USTC) stablecoin ecosystem, has defied expectations. While USTC lost its peg to the US dollar and spiraled into oblivion, LUNC has exhibited surprising resilience.
The past 24 hours saw an 82% price jump, showcasing continued investor interest in the controversial token. This resilience coincides with a broader market trend where investors, wary of traditional assets, are seeking refuge in digital currencies perceived as having strong recovery potential. Coincodex paints a picture of cautious optimism. Their prediction of a 10.7% rise suggests LUNC may experience a slow and steady climb. This aligns with the “Fear & Greed Index” which currently sits at a moderate “Fear” level, indicating a cautious market. However, analyst Javon Marks throws a wrench into the mix with a far more audacious prediction. Marks posits a potential 1,500% price surge, targeting a price of $0.00139122. This bullish outlook hinges on the idea that LUNC is nearing a breakout phase, fueled by a combination of its recent price gains and historical data.
Solana Price Prediction: DeFi TVL Growth Fueling SOL’s Climb to $180 ?
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Solana price prediction: SOL has experienced an increase in price over the past 24 hours following market recovery. At the time of reporting, Solana price is trading at $137, with a surge of 2% in the U.S. section.
Solana’s market cap has increased by 2%, reaching $63 billion, ranking it 5. The 24-hour trading volume, however, has decreased by 32%, standing at $2.2 billion, placing it at 6.
Solana Price Prediction: SOL Points Towards Potential Upsurge
Solana has diverged from the broader market downtrend, with consecutive upticks observed over the past 48 hours. SOL has maintained positive momentum, positioning itself as a standout crypto asset. other altcoins continue to face bearish trends
Over the past week, SOL price has seen a decline in value. The cryptocurrency has decreased by over 1% in the last seven days, indicating significant selling pressure.
Despite the price recovery, traders in the derivatives market have shown a more cautious response. Meanwhile, major cryptocurrencies outside Solana experienced minimal fluctuations, with changes remaining under 1%, oscillating between slight gains and losses
Solana has demonstrated notable resilience despite the prevailing bearish sentiment in the crypto sphere. The price of SOL has formed a bullish technical pattern known as a ‘falling wedge.’ This pattern is characterized by converging trend lines connecting lower and lower highs, sloping downward in a narrow shape.
The falling wedge pattern typically suggests that while the asset consolidates within a downtrend, it is losing bearish momentum and potentially setting up for an upward reversal
If bullish momentum continues to build, the Solana price prediction could breach the crucial $150 resistance level, signaling a potential resurgence in bullish sentiment and aiming for targets around $190. Sustained upward movement may pave the way for SOL to soon approach the significant $200 resistance mark
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Solana price prediction: SOL has experienced an increase in price over the past 24 hours following market recovery. At the time of reporting, Solana price is trading at $137, with a surge of 2% in the U.S. section.
Solana’s market cap has increased by 2%, reaching $63 billion, ranking it 5. The 24-hour trading volume, however, has decreased by 32%, standing at $2.2 billion, placing it at 6.
Solana Price Prediction: SOL Points Towards Potential Upsurge
Solana has diverged from the broader market downtrend, with consecutive upticks observed over the past 48 hours. SOL has maintained positive momentum, positioning itself as a standout crypto asset. other altcoins continue to face bearish trends
Over the past week, SOL price has seen a decline in value. The cryptocurrency has decreased by over 1% in the last seven days, indicating significant selling pressure.
Despite the price recovery, traders in the derivatives market have shown a more cautious response. Meanwhile, major cryptocurrencies outside Solana experienced minimal fluctuations, with changes remaining under 1%, oscillating between slight gains and losses
Solana has demonstrated notable resilience despite the prevailing bearish sentiment in the crypto sphere. The price of SOL has formed a bullish technical pattern known as a ‘falling wedge.’ This pattern is characterized by converging trend lines connecting lower and lower highs, sloping downward in a narrow shape.
The falling wedge pattern typically suggests that while the asset consolidates within a downtrend, it is losing bearish momentum and potentially setting up for an upward reversal
If bullish momentum continues to build, the Solana price prediction could breach the crucial $150 resistance level, signaling a potential resurgence in bullish sentiment and aiming for targets around $190. Sustained upward movement may pave the way for SOL to soon approach the significant $200 resistance mark
Terra Luna Classic Loses BtcTurk Listing After Disastrous Hack !!
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BtcTurk crypto exchange moves to delist Terra Luna Classic (LUNC).Security audit firm CertiK rounded up the monetary damage to $90M.
BtcTurk’s spontaneous announcement enrages the LUNC community.BtcTurk, the largest Turkish cryptocurrency exchange, was hit by a massive cyber attack over the weekend. The exchange claimed that one out of every ten crypto balances in its hot wallets were affected and that LUNC would be delisted. Famed on-chain detective ZachXBT chimed in to estimate a total damage of $54.20 million.
The major security breach triggered a massive sell-off of certain cryptocurrencies that the fraudsters managed to get their hands on. Besides the 1.96M AVAX coins spotted by ZachXBT, 350,000,000,000 Terra Luna Classic (LUNC) tokens were drained from BtcTurk’s treasury.
These LUNC coins, equaling $28.55 million, were moved between crypto wallets in an attempt to conceal the origin of the funds. Upon further investigation by DailyCoin, the fraudsters first cashed out 325B LUNC tokens from one of BtcTurk’s hot wallets. These digital assets were conveyed to multiple decoy wallets on Terra Classic’s chain before finally being deposited to Binance.
Terra Luna Classic Dumps 20% After Hack
Prominent Terra Luna Classic community members are tying the $90 million BtcTurk hack to LUNC’s plunge last weekend, but the community is divided on how it will affect performance. LUNC plummeted to a three-month low of $0.00007362 on June 22.
LUNC’s association with the hack also contributed to its shrinking market cap, which dipped by nearly $100 million due to the incident.
However, Terra Luna Classic’s funding and burning mechanism offered a silver lining in this story. According to the newly implemented LUNC burn tax rules, every transaction contributes to the Community Pool (CP), a long-term fund aimed at pursuing LUNC’s restoration plans.
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BtcTurk crypto exchange moves to delist Terra Luna Classic (LUNC).Security audit firm CertiK rounded up the monetary damage to $90M.
BtcTurk’s spontaneous announcement enrages the LUNC community.BtcTurk, the largest Turkish cryptocurrency exchange, was hit by a massive cyber attack over the weekend. The exchange claimed that one out of every ten crypto balances in its hot wallets were affected and that LUNC would be delisted. Famed on-chain detective ZachXBT chimed in to estimate a total damage of $54.20 million.
The major security breach triggered a massive sell-off of certain cryptocurrencies that the fraudsters managed to get their hands on. Besides the 1.96M AVAX coins spotted by ZachXBT, 350,000,000,000 Terra Luna Classic (LUNC) tokens were drained from BtcTurk’s treasury.
These LUNC coins, equaling $28.55 million, were moved between crypto wallets in an attempt to conceal the origin of the funds. Upon further investigation by DailyCoin, the fraudsters first cashed out 325B LUNC tokens from one of BtcTurk’s hot wallets. These digital assets were conveyed to multiple decoy wallets on Terra Classic’s chain before finally being deposited to Binance.
Terra Luna Classic Dumps 20% After Hack
Prominent Terra Luna Classic community members are tying the $90 million BtcTurk hack to LUNC’s plunge last weekend, but the community is divided on how it will affect performance. LUNC plummeted to a three-month low of $0.00007362 on June 22.
LUNC’s association with the hack also contributed to its shrinking market cap, which dipped by nearly $100 million due to the incident.
However, Terra Luna Classic’s funding and burning mechanism offered a silver lining in this story. According to the newly implemented LUNC burn tax rules, every transaction contributes to the Community Pool (CP), a long-term fund aimed at pursuing LUNC’s restoration plans.
Bonk Price Forecast: Is BONK Ready For $0.00005 This Month ?
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BONK, the first dog-themed coin on Solana, has experienced a notable increase in price over the past 24 hours after a market rebound. Bonk price is trading at $0.0000219 with a strong surge of 13.49% as of European trading sessions.
According to data from CoinMarketCap, the market cap has risen by 13% to $1.5 billion, with a 24-hour trading volume reaching $306 million, reflecting a remarkable 103% increase. The circulating supply stands at 68 trillion BONK, contributing to a fully diluted market cap of $2 billion.
Bonk price has seen an impressive resurgence recently after a bullish surge. Over the past week, the meme coin has experienced price fluctuations, with bears attempting to regain control. Despite the bearish pressure, Bonk rallied, recording a significant increase in trading volume and investor interest. Most of the cryptocurrencies today are recovering from their recent lows as the market displays signs of optimism. Bonk has been trading in a range of $0.000018 to $0.000023 for the past week. This price stability, amidst volatile market conditions, suggests growing confidence among traders and potential stabilization in the meme coin’s market dynamics.
Over the past month, BONK has decreased by 38% after reaching a peak earlier in the season. This sharp decline has been influenced by a combination of market sentiment, large-scale sell-offs, and a general cooling-off
With Bonk’s recent recovery in market performance, surpassing the $0.000023 resistance could signal the start of a bullish trend. This momentum might push the price towards the $0.00003 mark
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BONK, the first dog-themed coin on Solana, has experienced a notable increase in price over the past 24 hours after a market rebound. Bonk price is trading at $0.0000219 with a strong surge of 13.49% as of European trading sessions.
According to data from CoinMarketCap, the market cap has risen by 13% to $1.5 billion, with a 24-hour trading volume reaching $306 million, reflecting a remarkable 103% increase. The circulating supply stands at 68 trillion BONK, contributing to a fully diluted market cap of $2 billion.
Bonk price has seen an impressive resurgence recently after a bullish surge. Over the past week, the meme coin has experienced price fluctuations, with bears attempting to regain control. Despite the bearish pressure, Bonk rallied, recording a significant increase in trading volume and investor interest. Most of the cryptocurrencies today are recovering from their recent lows as the market displays signs of optimism. Bonk has been trading in a range of $0.000018 to $0.000023 for the past week. This price stability, amidst volatile market conditions, suggests growing confidence among traders and potential stabilization in the meme coin’s market dynamics.
Over the past month, BONK has decreased by 38% after reaching a peak earlier in the season. This sharp decline has been influenced by a combination of market sentiment, large-scale sell-offs, and a general cooling-off
With Bonk’s recent recovery in market performance, surpassing the $0.000023 resistance could signal the start of a bullish trend. This momentum might push the price towards the $0.00003 mark
Shiba Inu, Cardano, and Solana: On-Chain Analyst Predicts Price Rebound !!
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The TD Sequential indicator signals a buy on daily charts for Solana, Shiba Inu, and Cardano.
Recent developments in Shibarium, Sundae v3 Cardano, and ZK compression Solana highlight innovation and adoption.
Renowned on-chain analyst Ali Martinez recently pointed out a positive indicator for three important altcoins in a tweet. Martinez reports that on the daily charts for Cardano (ADA), Shiba Inu (SHIB), and Solana (SOL), the TD Sequential indicator has flashed buy signals.
This is increasing hopes for a price recovery for these coins. Also, check out the most recent developments in these three cryptocurrencies.
Recently, transaction fees have jumped by 493% in Shiba Inu’s layer-2 solution, Shibarium, according to recent data. There have been conjectures concerning this astounding rise’s possible effects on SHIB’s market value. Investors and enthusiasts are closely monitoring how this may affect SHIB’s performance over the coming days.
At the time of writing, the SHIB price is about $0.0000173, up 1.75% in the last 24 hours.
Cardano Sundae v3 Adoption Increases
Also, Cardano is generating news with Sundae v3, its decentralized exchange (DEX) system. The procedure most recently reported handling about 9,264 orders in a day that ended on Sunday.
This noteworthy event shows how much the Cardano ecosystem is being used and how appealing it is to both developers and users. As of writing, the ADA price is trading around $0.3898, having increased 4.29% in the last 24 hours.
This development should draw in additional projects and developers for Solana, therefore fortifying its standing in the cryptocurrency market. As of this writing, SOL’s price was around $135.49, up 7.68% over the last 24 hours.
#BinanceTournament #CryptoTradingGuide #Megadrop #EarnFreeCrypto2024 #MicroStrategy
The TD Sequential indicator signals a buy on daily charts for Solana, Shiba Inu, and Cardano.
Recent developments in Shibarium, Sundae v3 Cardano, and ZK compression Solana highlight innovation and adoption.
Renowned on-chain analyst Ali Martinez recently pointed out a positive indicator for three important altcoins in a tweet. Martinez reports that on the daily charts for Cardano (ADA), Shiba Inu (SHIB), and Solana (SOL), the TD Sequential indicator has flashed buy signals.
This is increasing hopes for a price recovery for these coins. Also, check out the most recent developments in these three cryptocurrencies.
Recently, transaction fees have jumped by 493% in Shiba Inu’s layer-2 solution, Shibarium, according to recent data. There have been conjectures concerning this astounding rise’s possible effects on SHIB’s market value. Investors and enthusiasts are closely monitoring how this may affect SHIB’s performance over the coming days.
At the time of writing, the SHIB price is about $0.0000173, up 1.75% in the last 24 hours.
Cardano Sundae v3 Adoption Increases
Also, Cardano is generating news with Sundae v3, its decentralized exchange (DEX) system. The procedure most recently reported handling about 9,264 orders in a day that ended on Sunday.
This noteworthy event shows how much the Cardano ecosystem is being used and how appealing it is to both developers and users. As of writing, the ADA price is trading around $0.3898, having increased 4.29% in the last 24 hours.
This development should draw in additional projects and developers for Solana, therefore fortifying its standing in the cryptocurrency market. As of this writing, SOL’s price was around $135.49, up 7.68% over the last 24 hours.
Solana (SOL) vs Avalanche (AVAX): Which is a Smarter Investment for the Rest of 2024 !!
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Various cryptocurrencies have been competing in the market, based on promising projects and innovations. Out of these, Solana (SOL) and Avalanche (AVAX) have risen as significant competitors, each showcasing unique characteristics and potential. As we near the beginning of the second half of 2024, investors are eager to understand which altcoin presents a more smarter investment opportunity. Here, we will explore their main characteristics and technical analysis in order to offer a thorough perspective.
Created by Anatoly Yakovenko, Solana is positioned as a platform offering low fees, and high-speed transactions by combining Proof of History (PoH) consensus mechanism with Proof of Stake (PoS).
This design enables Solana to quickly process about 65,000 transactions per second (tps). This feature makes it a top option for DeFi and dApps projects.The platform’s token, SOL, is currently trading at $127.01, after exhibiting a bearish trend. The token has decreased in value by 4.66%,11.19%, and 24% over the past day, week and month, respectively. This trend has pushed the market capitalization down to $59.13%, maintaining it position as the 5th largest cryptocurrency.
Despite the bearish price path, Solana is witnessing heightened trading activity, soaring by over 120% in trading volume, to reach $2.3 billion over the past 24 hours.
On the other hand, Avalanche was created by EMin Gun Sirer under Ava Labas, with an aim of providing developers with a platform that is highly customizable and flexible. Its architecture which optimize for flexibility, security and speed include Contract Chain (C-Chain), Platform Chain (P-Chain), and Exchange Chain (X-Chain)
Currently, AVAX is trading at $24.83, after dropping in price by 1.77% in the past day, and 13.40% and 34.57% over the past week and month respectively. The market cap is settled at approximately $9.78 billion, securing the 13th position.
#CryptoTradingGuide #BinanceTournament #Megadrop #EarnFreeCrypto2024 #MicroStrategy
Various cryptocurrencies have been competing in the market, based on promising projects and innovations. Out of these, Solana (SOL) and Avalanche (AVAX) have risen as significant competitors, each showcasing unique characteristics and potential. As we near the beginning of the second half of 2024, investors are eager to understand which altcoin presents a more smarter investment opportunity. Here, we will explore their main characteristics and technical analysis in order to offer a thorough perspective.
Created by Anatoly Yakovenko, Solana is positioned as a platform offering low fees, and high-speed transactions by combining Proof of History (PoH) consensus mechanism with Proof of Stake (PoS).
This design enables Solana to quickly process about 65,000 transactions per second (tps). This feature makes it a top option for DeFi and dApps projects.The platform’s token, SOL, is currently trading at $127.01, after exhibiting a bearish trend. The token has decreased in value by 4.66%,11.19%, and 24% over the past day, week and month, respectively. This trend has pushed the market capitalization down to $59.13%, maintaining it position as the 5th largest cryptocurrency.
Despite the bearish price path, Solana is witnessing heightened trading activity, soaring by over 120% in trading volume, to reach $2.3 billion over the past 24 hours.
On the other hand, Avalanche was created by EMin Gun Sirer under Ava Labas, with an aim of providing developers with a platform that is highly customizable and flexible. Its architecture which optimize for flexibility, security and speed include Contract Chain (C-Chain), Platform Chain (P-Chain), and Exchange Chain (X-Chain)
Currently, AVAX is trading at $24.83, after dropping in price by 1.77% in the past day, and 13.40% and 34.57% over the past week and month respectively. The market cap is settled at approximately $9.78 billion, securing the 13th position.
Worldcoin Price Analysis: WLD Sees Rebound Potential as RSI Indicates Oversold !!
#MicroStrategy #CryptoTradingGuide #BinanceTournament #Megadrop #EarnFreeCrypto2024 Worldcoin (WLD) price has been on a sharp decline in the last 24 hours after failing to breach the intra-day high of $3.03. This dip is attributable to the crypto market downturn, as seen in the 3.58% decline in the total crypto market capitalization to $2.27 Trillion. At press time, WLD was changing hands at $2.73, a 9.26% decline from the intra-day high.
market capitalization declined by 8.70% to $687.42M, while the 24-hour trading volume surged by 8% to $136.48M. This surge in the trading volume during a decline reflects tha “buy the dip strategy as traders take advantage of the price pullback. Concurrently, this decline has been felt in the last 7 and 30 days, with WLD prices down 17% and 41%, respectively
If this bearish pressure persists and the intra-day low of $2.71 is breached, the next support levels to watch out for are $2.60 and $2.50, respectively. However, if the bulls manage to outperform the bears, a reversal would need to reclaim and breach the $3 resistance for a continued rally.
However, the increasing trading volume is attributed to the optimism brought about by recent regulatory endeavors. According to a recent report, Worldcoin is re-instating in regions where it was prohibited after a long battle with investigations. Kenya, for instance, is returning the operations after the Kenya Criminal Investigations team, DCI, affirming that the entity has not violated privacy laws or endangered state security
Concurrently, Woeldcoin is expanding to Ecuador after 90 days of scrutiny on its operations set in March this year.
On the WLDUSD 1-day price chart, the bearish momentum is wearing out. The Bollinger Bands trend south suggests that volatility is declining, a precursor of waning selling pressure. The upper, middle, and lower bands touch at $4.9, $3.5, and $2.2, respectively. With the price action nearing the lower band, a rebound may be witnessed touching the middle band at$3.5
#MicroStrategy #CryptoTradingGuide #BinanceTournament #Megadrop #EarnFreeCrypto2024 Worldcoin (WLD) price has been on a sharp decline in the last 24 hours after failing to breach the intra-day high of $3.03. This dip is attributable to the crypto market downturn, as seen in the 3.58% decline in the total crypto market capitalization to $2.27 Trillion. At press time, WLD was changing hands at $2.73, a 9.26% decline from the intra-day high.
market capitalization declined by 8.70% to $687.42M, while the 24-hour trading volume surged by 8% to $136.48M. This surge in the trading volume during a decline reflects tha “buy the dip strategy as traders take advantage of the price pullback. Concurrently, this decline has been felt in the last 7 and 30 days, with WLD prices down 17% and 41%, respectively
If this bearish pressure persists and the intra-day low of $2.71 is breached, the next support levels to watch out for are $2.60 and $2.50, respectively. However, if the bulls manage to outperform the bears, a reversal would need to reclaim and breach the $3 resistance for a continued rally.
However, the increasing trading volume is attributed to the optimism brought about by recent regulatory endeavors. According to a recent report, Worldcoin is re-instating in regions where it was prohibited after a long battle with investigations. Kenya, for instance, is returning the operations after the Kenya Criminal Investigations team, DCI, affirming that the entity has not violated privacy laws or endangered state security
Concurrently, Woeldcoin is expanding to Ecuador after 90 days of scrutiny on its operations set in March this year.
On the WLDUSD 1-day price chart, the bearish momentum is wearing out. The Bollinger Bands trend south suggests that volatility is declining, a precursor of waning selling pressure. The upper, middle, and lower bands touch at $4.9, $3.5, and $2.2, respectively. With the price action nearing the lower band, a rebound may be witnessed touching the middle band at$3.5
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The next big thing is coming too... Pepe still have a long run to go... but along with it.. big whales are moving towards another coin of equivalent category and quality that too is a meme coin... Which they are accumulating at dirt cheap prices and that is Pepe2 . slowy many investors are buying pepe2 ... So I urge everyone if you wanna make a big chick of money like you did on $PEPE keep your portfolio with atleast 10$ of pepe2.. and give it a month. More big things are cooking ... wait for the boom
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