#xrp more detailed analysis and an operational strategy based on the current XRP/USDT chart: 1. Trend Analysis Bullish Trend: The moving averages (MA) show a clear bullish pattern. The price has recorded a new high in the last 24 hours ($1.4332), but resistance at this level could slow the advance. Recent volume indicates buyer interest, supporting the continuation of the bullish trend, although short-term consolidation is possible. 2. Key Support and Resistance
For Terra Luna Classic (LUNC) to reach a price of $1 USD, significant changes would be required in its circulating supply, market capitalization, and use cases. Here is a detailed analysis:
Key Factors to Reach $1 USD
1. Current Circulating Supply: LUNC has a current circulating supply of approximately 5.8 trillion tokens.
2. Reduction of Circulating Supply:
If LUNC implements massive token burns, the supply could be reduced to more reasonable levels. For example:
If the supply is reduced to 10 billion tokens, reaching $1 USD would require a market capitalization of $10 billion, which is achievable for established projects.
3. Demand and Use Cases:
To justify such a high price, LUNC needs to regain relevance through strong use cases, such as integrations in decentralized finance (DeFi), trading, or payments.
4. Market Confidence:
LUNC still faces the challenge of regaining trust after the collapse of Terra. Active development and transparency in its ecosystem would be essential to attract investors and users.
Realistic Scenarios
1. Short Term (2024-2025):
It is unlikely that LUNC will reach $1 USD in the short term due to the high circulating supply and lack of significant use cases.
2. Long Term (2030 and beyond):
If LUNC implements massive burns and achieves significant adoption in its ecosystem, it could approach values between $0.01 and $0.1 USD, but reaching $1 USD would require massive and sustained growth. Conclusion
For LUNC to reach $1 USD, it would need to drastically reduce its circulating supply and demonstrate real utility in its ecosystem. While not impossible, it is extremely unlikely in the current environment. As always, thorough research is recommended before investing and considering the high volatility of the cryptocurrency market.
This airdrop is going to be brutal, I hope it's as good or better than Grass. You can start farming now, you just have to complete some tasks and enter the world of AI, this airdrop uses the bandwidth you don't use, through this you farm the airdrop.
#MyFirstSquarePost I don't know how much people complain about #hamsterkombat , in the end they are free tokens, nothing is lost, I have 2400 tokens and I will hold, I prefer to be optimistic that it can go up to be pessimistic and sell at a "loss" in the end it is not a loss, since they are tokens given away for a game, I have wasted more time in games that do not give anything away 🤷🏻♂️, do what your intuition tells you. Greetings, be careful that if it goes to the bottom it does not lose anything 😃