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Terra Classic Price Forecast: $1 LUNC Nigh On SEC Settlement, Rising Open Interest
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Terra Classic price prediction: LUNC is experiencing a significant surge driven by SEC settlement news, increased open interest, and positive technical indicators, indicating potential gains.
HIGHLIGHTS
Terra Classic's 8.45% rise sparks renewed investor confidence and market optimism.
SEC settlement boosts Terra ecosystem tokens, increasing futures open interest by 20%.
The Technical indicators suggest potential bullish momentum for Terra Classic.
Terra Classic price forecast: LUNC has recently shown a significant surge in the cryptocurrency market.
The LUNC price is currently at $0.0001207, reflecting an 8.45% increase over the past day.
It hovered above $0.00012 on Friday, indicating a strong upward trend and renewed investor confidence.
#LUNC #USTC #Memecoin #Ripple #Mt.Gox $LUNC $USTC
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Terra Classic price prediction: LUNC is experiencing a significant surge driven by SEC settlement news, increased open interest, and positive technical indicators, indicating potential gains.
HIGHLIGHTS
Terra Classic's 8.45% rise sparks renewed investor confidence and market optimism.
SEC settlement boosts Terra ecosystem tokens, increasing futures open interest by 20%.
The Technical indicators suggest potential bullish momentum for Terra Classic.
Terra Classic price forecast: LUNC has recently shown a significant surge in the cryptocurrency market.
The LUNC price is currently at $0.0001207, reflecting an 8.45% increase over the past day.
It hovered above $0.00012 on Friday, indicating a strong upward trend and renewed investor confidence.
#LUNC #USTC #Memecoin #Ripple #Mt.Gox $LUNC $USTC
Ripple CEO Predicts XRP & These Cryptos Are Next To Get ETF Approval
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Ripple CEO Brad Garlinghouse has fueled discussions in the market with his recent prediction of XRP, Solana, and Cardano ETF approval by the U.S. SEC after the Ethereum ETF nod.
HIGHLIGHTS
Ripple CEO Brad Garlinghouse predicts XRP, Solana, and Cardano ETF approval by the U.S. SEC.
Garlinghouse has also previously said that the XRP ETF will receive regulatory nod in the U.S.
Ark Invest CEO predicts SEC to give nod for the Solana ETF.
Ripple CEO Brad Garlinghouse has recently stirred optimism in the crypto community with his bold predictions regarding crypto ETFs.
During Consensus 2024, Garlinghouse expressed confidence that XRP, Solana, and Cardano are next in line for U.S. regulatory approval, following the recent nod for the Spot Ethereum ETF by the SEC.
#XRP #ETF #Ripple #Memecoin #Mt.Gox $XRP $BTC $ETH
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Ripple CEO Brad Garlinghouse has fueled discussions in the market with his recent prediction of XRP, Solana, and Cardano ETF approval by the U.S. SEC after the Ethereum ETF nod.
HIGHLIGHTS
Ripple CEO Brad Garlinghouse predicts XRP, Solana, and Cardano ETF approval by the U.S. SEC.
Garlinghouse has also previously said that the XRP ETF will receive regulatory nod in the U.S.
Ark Invest CEO predicts SEC to give nod for the Solana ETF.
Ripple CEO Brad Garlinghouse has recently stirred optimism in the crypto community with his bold predictions regarding crypto ETFs.
During Consensus 2024, Garlinghouse expressed confidence that XRP, Solana, and Cardano are next in line for U.S. regulatory approval, following the recent nod for the Spot Ethereum ETF by the SEC.
#XRP #ETF #Ripple #Memecoin #Mt.Gox $XRP $BTC $ETH
New Solana Memecoin Devil Biden (DEVBIDEN) to Explode 14,000% Within 48 Hours
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The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
Devil Biden (DEVBIDEN), a new Solana memecoin that was launched today, is poised to explode over 14,000% in price in the coming days.
Currently, Devil Biden can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Devil Biden could become the next viral memecoin.
In fact, many early Shiba Inu and Dogecoin investors have been pouring funds into this new Solana memecoin.
Devil Biden launched with over $6,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
#Memecoin #SamAltman #OpenAI #Ripple #Mt.Gox $BTC $ETH $BNB
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The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
Devil Biden (DEVBIDEN), a new Solana memecoin that was launched today, is poised to explode over 14,000% in price in the coming days.
Currently, Devil Biden can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Devil Biden could become the next viral memecoin.
In fact, many early Shiba Inu and Dogecoin investors have been pouring funds into this new Solana memecoin.
Devil Biden launched with over $6,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
#Memecoin #SamAltman #OpenAI #Ripple #Mt.Gox $BTC $ETH $BNB
Solana Shows Strength Despite Market Challenges
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Leading altcoin Solana (SOL) is experiencing significant price consolidation, with its value fluctuating within a narrow range.
This has left investors uncertain about its next price movement.
However, technical indicators hint at a possible hidden bullish breakout in SOL’s price rally, creating anticipation in the market.
Can Solana Make a Major Move?
The recent resurgence of memecoin hype has provided momentum for Solana, with bulls maintaining the price above $180.
Despite this, increasing bearish pressure has resulted in a noticeable pullback, causing SOL’s price to consolidate between $163 and $172.
This consolidation period suggests potential for a significant price movement in the near future.
#SOL #Solana #Memecoin #SamAltman #Mt.Gox $SOL $BTC $ETH
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Leading altcoin Solana (SOL) is experiencing significant price consolidation, with its value fluctuating within a narrow range.
This has left investors uncertain about its next price movement.
However, technical indicators hint at a possible hidden bullish breakout in SOL’s price rally, creating anticipation in the market.
Can Solana Make a Major Move?
The recent resurgence of memecoin hype has provided momentum for Solana, with bulls maintaining the price above $180.
Despite this, increasing bearish pressure has resulted in a noticeable pullback, causing SOL’s price to consolidate between $163 and $172.
This consolidation period suggests potential for a significant price movement in the near future.
#SOL #Solana #Memecoin #SamAltman #Mt.Gox $SOL $BTC $ETH
Terra Luna Classic Community Rejects Proposal to Increase Burn Tax
The Terra Luna Classic community recently made a notable decision regarding the burn tax. They voted against increasing it to 1.5%. Many community members voiced their dissatisfaction with frequent proposals to alter the burn tax, particularly those aimed at raising it.
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The Terra Luna Classic community decided not to proceed with a proposal to raise the burn tax. The proposal faced criticism for being illogical and seen as a half-hearted attempt. As a result, the price of LUNC dropped by 2%, currently trading at $0.0001150.
Terra Luna Classic Community Rejects Proposal to Increase Burn Tax
Recently, proposal number 12105 to raise the burn tax was rejected by the Terra Luna Classic community. The proposal faced criticism for its lack of logical reasoning and was considered a “lazy effort” by many voters. It was clarified that this proposal was a text proposal and not a parameter change, meaning even if accepted, it would not have altered the tax.
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The rejection came with only 21.35% of voters supporting it, while 32% voted “no” and 38% voted “no with veto,” firmly declining the proposal to revise the burn tax. Validators also opposed the proposal due to insufficient data, complementary strategies, and volume projections to justify the tax increase.
Following this decision, the community opted to redirect the distribution of the LUNC burn tax to the oracle pool instead of rewards. This subsequent proposal garnered strong support with 70% “yes” votes from the community and backing from 37 validators.
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As a result, the Terra Luna Classic burn tax was set at 0.5%. Of this, 80% will be allocated for burning, while the remaining 20% will be split evenly between the Community Pool and the Oracle Pool.
Latest Price Movements in LUNC and USTC
LUNC Price Update: As of the latest update, the price of LUNC remains stable at $0.0001150, reflecting a slight decrease of 2% over the past 24 hours. During this period, LUNC’s price fluctuated between a low of $0.0001143 and a high of $0.0001207.
Additionally, there has been a notable 31% increase in trading volume, indicating heightened trader interest in LUNC.
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USTC Price Update: USTC, formerly a stablecoin, is currently trading sideways at $0.02269 after experiencing a 1% decline in the last 24 hours. The price of USTC ranged between $0.02246 and $0.02377 during this same period.
These price movements indicate ongoing activity and fluctuations within the cryptocurrency market for both LUNC and USTC.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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#LUNC #USTC #LUNA #Memecoin #Mt.Gox $LUNC $USTC $LUNA
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The Terra Luna Classic community decided not to proceed with a proposal to raise the burn tax. The proposal faced criticism for being illogical and seen as a half-hearted attempt. As a result, the price of LUNC dropped by 2%, currently trading at $0.0001150.
Terra Luna Classic Community Rejects Proposal to Increase Burn Tax
Recently, proposal number 12105 to raise the burn tax was rejected by the Terra Luna Classic community. The proposal faced criticism for its lack of logical reasoning and was considered a “lazy effort” by many voters. It was clarified that this proposal was a text proposal and not a parameter change, meaning even if accepted, it would not have altered the tax.
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The rejection came with only 21.35% of voters supporting it, while 32% voted “no” and 38% voted “no with veto,” firmly declining the proposal to revise the burn tax. Validators also opposed the proposal due to insufficient data, complementary strategies, and volume projections to justify the tax increase.
Following this decision, the community opted to redirect the distribution of the LUNC burn tax to the oracle pool instead of rewards. This subsequent proposal garnered strong support with 70% “yes” votes from the community and backing from 37 validators.
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As a result, the Terra Luna Classic burn tax was set at 0.5%. Of this, 80% will be allocated for burning, while the remaining 20% will be split evenly between the Community Pool and the Oracle Pool.
Latest Price Movements in LUNC and USTC
LUNC Price Update: As of the latest update, the price of LUNC remains stable at $0.0001150, reflecting a slight decrease of 2% over the past 24 hours. During this period, LUNC’s price fluctuated between a low of $0.0001143 and a high of $0.0001207.
Additionally, there has been a notable 31% increase in trading volume, indicating heightened trader interest in LUNC.
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USTC Price Update: USTC, formerly a stablecoin, is currently trading sideways at $0.02269 after experiencing a 1% decline in the last 24 hours. The price of USTC ranged between $0.02246 and $0.02377 during this same period.
These price movements indicate ongoing activity and fluctuations within the cryptocurrency market for both LUNC and USTC.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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#LUNC #USTC #LUNA #Memecoin #Mt.Gox $LUNC $USTC $LUNA
Ripple CTO Unveils Key New Product at Consensus 2024
Ripple’s top executive welcomes the community to join the upcoming Consensus 2024 event where he will share details about Ripple’s exciting new direction and innovations.
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David Schwartz, Ripple’s chief technology officer (CTO) and co-founder of the XRP Ledger, has announced on his official X platform account that he will be speaking at the upcoming Consensus 2024 event hosted annually by CoinDesk. He plans to discuss important topics during his appearance on stage.
Ripple CTO Unveils Institutional DeFi Vision at Consensus2024
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David Schwartz, Ripple’s chief technology officer (CTO) and co-founder of the XRP Ledger, has announced via his official X platform account that he will be speaking at Consensus 2024, organized annually by CoinDesk. During his presentation, Schwartz teased that he will reveal Ripple’s vision and roadmap for institutional DeFi on the XRP Ledger. Joining him will be Phil Kwok, co-founder of the EasyA app, to delve into this transformative topic.
Source: X
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Ripple Labs also tweeted about the upcoming session, highlighting discussions on multichain interoperability, EVM programmability, RWA tokenization, and more. This indicates a focus on enhancing financial protocols and integrating traditional finance safeguards within decentralized finance innovations.
Understanding Institutional DeFi: Institutional DeFi represents the evolution of decentralized finance tailored for financial institutions, merging DeFi’s innovative protocols with the stability and regulatory frameworks of traditional finance. According to a report by J.P. Morgan, this approach holds significant potential for growth and transformative impact in the financial sector. Despite skepticism from figures like Jamie Dimon, CEO of J.P. Morgan, who remains critical of Bitcoin, institutional DeFi aims to provide avenues for users to stake or lend cryptocurrencies for regular returns within secure DeFi contracts.
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David Schwartz Clarifies Crypto Holdings and Transactions
David Schwartz, Ripple’s CTO, recently addressed speculation within the X crypto community regarding his cryptocurrency holdings and transactions. In a tweet, Schwartz disclosed that at his peak, he held approximately 26 million XRP. He clarified that while he had sold Bitcoin and Ethereum to acquire more XRP, he has never sold any XRP to purchase other cryptocurrencies, except for what he termed “some unusual purposes.”
Schwartz’s statement effectively quelled community speculation about his XRP holdings and whether he had engaged in any significant sales. Such disclosures from influential figures in the crypto space can sometimes impact market sentiments and behaviors.
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Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#XRP #Ripple #Memecoin #Mt.Gox #Ripple $XRP $BTC $ETH
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David Schwartz, Ripple’s chief technology officer (CTO) and co-founder of the XRP Ledger, has announced on his official X platform account that he will be speaking at the upcoming Consensus 2024 event hosted annually by CoinDesk. He plans to discuss important topics during his appearance on stage.
Ripple CTO Unveils Institutional DeFi Vision at Consensus2024
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David Schwartz, Ripple’s chief technology officer (CTO) and co-founder of the XRP Ledger, has announced via his official X platform account that he will be speaking at Consensus 2024, organized annually by CoinDesk. During his presentation, Schwartz teased that he will reveal Ripple’s vision and roadmap for institutional DeFi on the XRP Ledger. Joining him will be Phil Kwok, co-founder of the EasyA app, to delve into this transformative topic.
Source: X
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Ripple Labs also tweeted about the upcoming session, highlighting discussions on multichain interoperability, EVM programmability, RWA tokenization, and more. This indicates a focus on enhancing financial protocols and integrating traditional finance safeguards within decentralized finance innovations.
Understanding Institutional DeFi: Institutional DeFi represents the evolution of decentralized finance tailored for financial institutions, merging DeFi’s innovative protocols with the stability and regulatory frameworks of traditional finance. According to a report by J.P. Morgan, this approach holds significant potential for growth and transformative impact in the financial sector. Despite skepticism from figures like Jamie Dimon, CEO of J.P. Morgan, who remains critical of Bitcoin, institutional DeFi aims to provide avenues for users to stake or lend cryptocurrencies for regular returns within secure DeFi contracts.
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David Schwartz Clarifies Crypto Holdings and Transactions
David Schwartz, Ripple’s CTO, recently addressed speculation within the X crypto community regarding his cryptocurrency holdings and transactions. In a tweet, Schwartz disclosed that at his peak, he held approximately 26 million XRP. He clarified that while he had sold Bitcoin and Ethereum to acquire more XRP, he has never sold any XRP to purchase other cryptocurrencies, except for what he termed “some unusual purposes.”
Schwartz’s statement effectively quelled community speculation about his XRP holdings and whether he had engaged in any significant sales. Such disclosures from influential figures in the crypto space can sometimes impact market sentiments and behaviors.
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Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#XRP #Ripple #Memecoin #Mt.Gox #Ripple $XRP $BTC $ETH
