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Shiba Inu Coin Bull Run Ahead As SHIB Burn Rate Spikes Further !!
#BinanceTournament #AirdropGuide #altcoins #BlackRock #BTC The Shiba Inu coin has garnered considerable investor enthusiasm today, further extending its burn rate upswing. Notably, Shibburn tracker’s insights reveal that the Shiba Inu burn rate soared over 800% in the past 24 hours, incinerating above 100 million tokens.
This chronicle has injected a shot of market optimism into the dog-themed meme coin as the supply continues to take a hit. Meanwhile, a couple of bullish factors further fuel the optimistic fire of a potential bull run ahead for Shiba Inu.
Burn Rate Spikes Amid Rising SHIB Adoption
The Shiba Inu burn rate surge comes alongside another development that underscores SHIB’s rising adoption within the crypto realm. Intriguingly, the crypto space saw the first time a meme coin was used to pay for a complete web3 food delivery order (SHIB), per The Shib Magazine.
This underlines SHIB’s mainstream adoption as a payment method.
On the other hand, Shibburn’s data spotlighted an 859.83% surge in the burn rate, primarily attributable to the destruction of 107.08 SHIB tokens over the past day. A total of 410.72 trillion SHIB have been recorded to be taken out of the supply to date.
However, despite the significant number of coins burnt, SHIB has traded sluggishly in the past 24 hours, igniting inferences surrounding its future movements.The SHIB price chart showed a 0.27% fall from yesterday and is currently trading at $0.00002166. Weekly charts illustrate that Shiba Inu corrected 14.20%. However, the hourly timeframe chart demonstrates that the token gained 0.41%, aligning with the surge in the burn rate. Nonetheless, traders and investors exercise caution due to the highly turbulent nature of the crypto landscape.Data by Etherscan shows a significant rise in Shiba Inu holders, totaling 1.39 million today, June 14. Despite its recent price correction, this is a silver lining for the token, hinting at a potential buy-the-dip strategy among market participants.
#BinanceTournament #AirdropGuide #altcoins #BlackRock #BTC The Shiba Inu coin has garnered considerable investor enthusiasm today, further extending its burn rate upswing. Notably, Shibburn tracker’s insights reveal that the Shiba Inu burn rate soared over 800% in the past 24 hours, incinerating above 100 million tokens.
This chronicle has injected a shot of market optimism into the dog-themed meme coin as the supply continues to take a hit. Meanwhile, a couple of bullish factors further fuel the optimistic fire of a potential bull run ahead for Shiba Inu.
Burn Rate Spikes Amid Rising SHIB Adoption
The Shiba Inu burn rate surge comes alongside another development that underscores SHIB’s rising adoption within the crypto realm. Intriguingly, the crypto space saw the first time a meme coin was used to pay for a complete web3 food delivery order (SHIB), per The Shib Magazine.
This underlines SHIB’s mainstream adoption as a payment method.
On the other hand, Shibburn’s data spotlighted an 859.83% surge in the burn rate, primarily attributable to the destruction of 107.08 SHIB tokens over the past day. A total of 410.72 trillion SHIB have been recorded to be taken out of the supply to date.
However, despite the significant number of coins burnt, SHIB has traded sluggishly in the past 24 hours, igniting inferences surrounding its future movements.The SHIB price chart showed a 0.27% fall from yesterday and is currently trading at $0.00002166. Weekly charts illustrate that Shiba Inu corrected 14.20%. However, the hourly timeframe chart demonstrates that the token gained 0.41%, aligning with the surge in the burn rate. Nonetheless, traders and investors exercise caution due to the highly turbulent nature of the crypto landscape.Data by Etherscan shows a significant rise in Shiba Inu holders, totaling 1.39 million today, June 14. Despite its recent price correction, this is a silver lining for the token, hinting at a potential buy-the-dip strategy among market participants.
Notcoin (NOT) Price Soars 19% & BOME 13%, Here’s Why !!
#BinanceTournament #AirdropGuide #EarnFreeCrypto2024 #altcoins #BTC Notcoin (NOT) and Book of Meme (BOME) have experienced a significant price rally today, primarily attributable to Coinbase extending support to the tokens.
In an attention-nabbing development witnessed today, June 14, Notcoin (NOT) and Book Of Meme (BOME) cryptos have seen a significant price rally despite the broader market’s tumbled movement. NOT price rallied nearly 20%, whereas BOME price surged 14% in the past 24 hours. This price rally comes primarily linked to Coinbase’s extension of support for the NOT and BOME tokens. Here’s a closer look into how?
one of the globally leading crypto exchanges, recently announced that it will add support for Book of Meme and Notcoin perpetual futures on Coinbase International Exchange and Coinbase Advanced. Starting after June 20 at 09:30 AM UTC, users will be able to participate in trading of BOME-PERP and NOT-PERP markets.The crypto tokens NOT and BOME remain poised to experience a significant uptrend, as seen before with other perpetual listings on Coinbase. Meme coins Shiba Inu, Floki, and BONK stand among these tokens that witnessed significant gains post-perpetual listing.
Crypto market participants remain highly optimistic when it comes to NOT and BOME cryptos’ future price endeavors with Coinbase listing coming into play.
Meanwhile, NOT price noted an uptick of 18.66% in the past 24 hours to trade at $0.02048 today. The token’s 24-hour lows and highs are $0.01682 and $0.02146, respectively.BOME price surged 13.03% in the past 24 hours to $0.01089. The token’s 24-hour lows and highs are $0.009429 and $0.0113, respectively.Coinglass data illustrated a strong market uptrend for Notcoin as Futures OI surged 8% to $250.36 million, followed by a derivatives volume upswing of 12.60% to $3.68 billion. Similarly, BOME’s Futures OI surged 14.69% to $92.90 million, further escorted by a derivatives volume upswing of 161.44% to $608.30 million.
#BinanceTournament #AirdropGuide #EarnFreeCrypto2024 #altcoins #BTC Notcoin (NOT) and Book of Meme (BOME) have experienced a significant price rally today, primarily attributable to Coinbase extending support to the tokens.
In an attention-nabbing development witnessed today, June 14, Notcoin (NOT) and Book Of Meme (BOME) cryptos have seen a significant price rally despite the broader market’s tumbled movement. NOT price rallied nearly 20%, whereas BOME price surged 14% in the past 24 hours. This price rally comes primarily linked to Coinbase’s extension of support for the NOT and BOME tokens. Here’s a closer look into how?
one of the globally leading crypto exchanges, recently announced that it will add support for Book of Meme and Notcoin perpetual futures on Coinbase International Exchange and Coinbase Advanced. Starting after June 20 at 09:30 AM UTC, users will be able to participate in trading of BOME-PERP and NOT-PERP markets.The crypto tokens NOT and BOME remain poised to experience a significant uptrend, as seen before with other perpetual listings on Coinbase. Meme coins Shiba Inu, Floki, and BONK stand among these tokens that witnessed significant gains post-perpetual listing.
Crypto market participants remain highly optimistic when it comes to NOT and BOME cryptos’ future price endeavors with Coinbase listing coming into play.
Meanwhile, NOT price noted an uptick of 18.66% in the past 24 hours to trade at $0.02048 today. The token’s 24-hour lows and highs are $0.01682 and $0.02146, respectively.BOME price surged 13.03% in the past 24 hours to $0.01089. The token’s 24-hour lows and highs are $0.009429 and $0.0113, respectively.Coinglass data illustrated a strong market uptrend for Notcoin as Futures OI surged 8% to $250.36 million, followed by a derivatives volume upswing of 12.60% to $3.68 billion. Similarly, BOME’s Futures OI surged 14.69% to $92.90 million, further escorted by a derivatives volume upswing of 161.44% to $608.30 million.
Toncoin jumps to all-time high: TON addresses in profit hits 100% !!
#BinanceTournament #AirdropGuide #EarnFreeCrypto2024 #BTC #altcoins Toncoin (TON)’s In/Out of the Money data shows all the addresses currently holding the Telegram-related token are in profit.According to data from IntoTheBlock, 100% of addresses with a TON balance are profitable as price hovers near $8.00.
Toncoin’s price rose as Bitcoin continued to hover just above $67,000, while Ethereum price ranged near $3,500, making the altcoin’s surge an impressive one compared to the top two by market cap.
100% TON addresses in profit as price hits an all-time high
Toncoin price rose more than 7% on Friday to reach an all-time high of $8.13.
The price gains means a comparison of the average price at which all the 21.49k TON addresses acquired tokens and the current price had all of them “In the Money.This is a big jump from a year ago when more than 90% of Toncoin (TON) addresses were out of the money or in loss as TON price hovered around $1.40. The jump in the profitability metric comes as Toncoin witnessed tremendous growth in the past year.
Per data from IntoTheBlock, addresses with balances grew from around 5,800 in mid-June 2023 to over 20,870 on June 10.
Meanwhile, addresses with less than 10 TON tokens more than doubled in the past three months, increasing from around 4,900 in March to over 10,000 by June 10.In terms of ownership, retail holders currently account for about 39.9% of supply, while whales hold 30.5% and investors 29.5%.A jump in address count has come as The Open Network (TON) blockchain and the native token Toncoin benefitted from a confluence of positive network catalysts.
Apart from Telegram’s support for TON in its ad share program for channel owners, campaigns such as the Open League and the recent parabolic gains for Notcoin (NOT) have all aided the cryptocurrency’s upward momentum
#BinanceTournament #AirdropGuide #EarnFreeCrypto2024 #BTC #altcoins Toncoin (TON)’s In/Out of the Money data shows all the addresses currently holding the Telegram-related token are in profit.According to data from IntoTheBlock, 100% of addresses with a TON balance are profitable as price hovers near $8.00.
Toncoin’s price rose as Bitcoin continued to hover just above $67,000, while Ethereum price ranged near $3,500, making the altcoin’s surge an impressive one compared to the top two by market cap.
100% TON addresses in profit as price hits an all-time high
Toncoin price rose more than 7% on Friday to reach an all-time high of $8.13.
The price gains means a comparison of the average price at which all the 21.49k TON addresses acquired tokens and the current price had all of them “In the Money.This is a big jump from a year ago when more than 90% of Toncoin (TON) addresses were out of the money or in loss as TON price hovered around $1.40. The jump in the profitability metric comes as Toncoin witnessed tremendous growth in the past year.
Per data from IntoTheBlock, addresses with balances grew from around 5,800 in mid-June 2023 to over 20,870 on June 10.
Meanwhile, addresses with less than 10 TON tokens more than doubled in the past three months, increasing from around 4,900 in March to over 10,000 by June 10.In terms of ownership, retail holders currently account for about 39.9% of supply, while whales hold 30.5% and investors 29.5%.A jump in address count has come as The Open Network (TON) blockchain and the native token Toncoin benefitted from a confluence of positive network catalysts.
Apart from Telegram’s support for TON in its ad share program for channel owners, campaigns such as the Open League and the recent parabolic gains for Notcoin (NOT) have all aided the cryptocurrency’s upward momentum
LUNC Price: Do Kwon’s Exit Could Revive Terra Classic’s Push To $1 Target !!
#BinanceTournament #ETHETFsApproved #EarnFreeCrypto2024 #BlackRock #BTC
LUNC price navigates market volatility with potential for significant price movements amid strategic endorsements within the Terra Classic community.LUNC price has experienced notable volatility over the past 24 hours. After a bearish downturn, the price is hovering below the $0.0001 resistance level. At the time of writing, Terra Classic price is trading at $0.00009903, with a dip of 3%, according to CoinMarketData. market cap has seen a slight decline of 3%, at $574.24 million and ranking 119 on the data. The 24-hour trading volume also surged by 35% to $24 million, indicating heightened activity.
Over the past week, LUNC price has seen a significant correction, with a decrease of 6%. This downturn follows a period of heightened volatility, with most cryptocurrencies experiencing similar fluctuations.
LUNC price has been trading in the range of $0.000098 to $0.0001219, with bulls and bears continuously battling for dominance in the market. Additionally, the price has decreased 6% over the past month, indicating a broader bearish sentiment in the market. Terra Classic experiences a community and market confidence surge following Do Kwon’s withdrawal from its operations. This pivotal change, alongside Binance’s significant endorsement, revitalizes the platform. With the current market corrections, if bulls regain control and breach the resistance at $0.0001, a significant surge in LUNC’s value could be imminent.
This breakthrough might propel the cryptocurrency to a key resistance level of $0.0002. If bullish momentum continues, LUNC might soon approach $0.0003.
On the other hand, should the bearish trend maintain its grip, LUNC’s value will likely fall to a support level of $0.000098. A continued downward trend could further depress the price to around $0.00009.
#BinanceTournament #ETHETFsApproved #EarnFreeCrypto2024 #BlackRock #BTC
LUNC price navigates market volatility with potential for significant price movements amid strategic endorsements within the Terra Classic community.LUNC price has experienced notable volatility over the past 24 hours. After a bearish downturn, the price is hovering below the $0.0001 resistance level. At the time of writing, Terra Classic price is trading at $0.00009903, with a dip of 3%, according to CoinMarketData. market cap has seen a slight decline of 3%, at $574.24 million and ranking 119 on the data. The 24-hour trading volume also surged by 35% to $24 million, indicating heightened activity.
Over the past week, LUNC price has seen a significant correction, with a decrease of 6%. This downturn follows a period of heightened volatility, with most cryptocurrencies experiencing similar fluctuations.
LUNC price has been trading in the range of $0.000098 to $0.0001219, with bulls and bears continuously battling for dominance in the market. Additionally, the price has decreased 6% over the past month, indicating a broader bearish sentiment in the market. Terra Classic experiences a community and market confidence surge following Do Kwon’s withdrawal from its operations. This pivotal change, alongside Binance’s significant endorsement, revitalizes the platform. With the current market corrections, if bulls regain control and breach the resistance at $0.0001, a significant surge in LUNC’s value could be imminent.
This breakthrough might propel the cryptocurrency to a key resistance level of $0.0002. If bullish momentum continues, LUNC might soon approach $0.0003.
On the other hand, should the bearish trend maintain its grip, LUNC’s value will likely fall to a support level of $0.000098. A continued downward trend could further depress the price to around $0.00009.
Pepe Price Prediction as PEPE Bounces 10% Overnight – What’s Going On?
#BinanceTournament #TopCoinsJune2024 #EarnFreeCrypto2024 #altcoins #BTC Today, the PEPE price has shown resilience with a sudden bounce despite a broader market downturn, hinting at a potential revival.The PEPE token has experienced a 7.75% increase over the past 24 hours, bringing its price up to $0.000013, amidst a broader retracement in the crypto market.In a pullback, PEPE has posted a weekly loss of 9.64%, in a reversal of its impressive monthly rise of 49.63%.Over the past year, PEPE has yielded a remarkable return of 1,339.30%, outperforming major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
This robust performance indicates strong and widespread investor interest in PEPE.
The meme coin’s 24-hour trading volume has dropped 5.03% to 1.28B over the past 24 hours.
This implies that selling pressure has weakened, hinting toward a rebound.
Most notably, the PEPE price is now following a positive trendline (yellow), which has acted as support over the past 36 hours. This suggests a potential trend reversal.This is further supported by PEPE’s relative strength index (purple), which has surged from 25 to 65 over the past 24 hours. This increase indicates weakening selling pressure and a potential shift toward an uptrend.
Additionally, the 30-day (Orange) moving average is now trending upward toward the 200-day moving average (Blue) which is trending downward.
If it can successfully cross above the 200-day it would confirm this upturned as the short-term momentum overwhelms the wider downtrend.
While PEPE is a meme token with no real fundamentals of its own, it often rides market-wide waves.Most notably, the upward movement may be in anticipation of the US CPI reading for June, expected later today. The outcome is likely to influence overall market sentiment going forward.
Given that PEPE has already accumulated a $5.54B market cap, it is in question whether truly substantial gains are possible going forward.
#BinanceTournament #TopCoinsJune2024 #EarnFreeCrypto2024 #altcoins #BTC Today, the PEPE price has shown resilience with a sudden bounce despite a broader market downturn, hinting at a potential revival.The PEPE token has experienced a 7.75% increase over the past 24 hours, bringing its price up to $0.000013, amidst a broader retracement in the crypto market.In a pullback, PEPE has posted a weekly loss of 9.64%, in a reversal of its impressive monthly rise of 49.63%.Over the past year, PEPE has yielded a remarkable return of 1,339.30%, outperforming major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
This robust performance indicates strong and widespread investor interest in PEPE.
The meme coin’s 24-hour trading volume has dropped 5.03% to 1.28B over the past 24 hours.
This implies that selling pressure has weakened, hinting toward a rebound.
Most notably, the PEPE price is now following a positive trendline (yellow), which has acted as support over the past 36 hours. This suggests a potential trend reversal.This is further supported by PEPE’s relative strength index (purple), which has surged from 25 to 65 over the past 24 hours. This increase indicates weakening selling pressure and a potential shift toward an uptrend.
Additionally, the 30-day (Orange) moving average is now trending upward toward the 200-day moving average (Blue) which is trending downward.
If it can successfully cross above the 200-day it would confirm this upturned as the short-term momentum overwhelms the wider downtrend.
While PEPE is a meme token with no real fundamentals of its own, it often rides market-wide waves.Most notably, the upward movement may be in anticipation of the US CPI reading for June, expected later today. The outcome is likely to influence overall market sentiment going forward.
Given that PEPE has already accumulated a $5.54B market cap, it is in question whether truly substantial gains are possible going forward.
Terra Luna Classic Price Prediction: 2024, 2025 !!
#BinanceTournament #TopCoinsJune2024 #EarnFreeCrypto2024 #bitcoin #altcoins Terra Luna Classic, LUNC could hit $1.65 in 2024
Terra Luna Classic’s price prediction for the most bearish scenario will value LUNC at $0.000081 in 2024.
Terra Luna Classic’s previous All Time High was on 5 April 2022 where LUNC was priced at $119.18.
Terra Luna Classic’s price at the same time last week was $0.00011. It has moved by -15.71 % in the past week and is currently at $0.0001. Infact, in the past 24 hours, LUNC has dumped by -2.25 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and LUNC could hit $0.00027 in 2025.
The total circulating supply of Terra Luna Classic as of writing this article was $5792340180516.67 and the marketcap of LUNC remains at $586,212,223
LUNC price prediction: Key highlights
1. Primary support and resistance levels
The weekly time frame analysis pointed to $0.00020 as the highest resistance.
On the downside, $0.00005 acted as the lowest support level.
2. Market sentiment
In June 2024, the overall market sentiment is slightly bearish, with LUNC consolidating.
3. Predictive forecasts
Based on our AI/ML algorithms forecasts, LUNC is projected to trade at an average value of $0.002 by 2027 and $0.1 by 2033.
Given below is a comprehensive weekly technical analysis of LUNC, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:
Terra Luna Classic price prediction 2024: Terra Luna Classic's price for 2024 according to our analysis should range between $1.10 to $1.65 and the average price of LUNC should be around $1.37.
Terra Luna Classic price prediction 2025: Terra Luna Classic's price for 2025 according to our analysis should range between $0.00018 to $0.00027 and the average price of LUNC should be around $0.00023.
#BinanceTournament #TopCoinsJune2024 #EarnFreeCrypto2024 #bitcoin #altcoins Terra Luna Classic, LUNC could hit $1.65 in 2024
Terra Luna Classic’s price prediction for the most bearish scenario will value LUNC at $0.000081 in 2024.
Terra Luna Classic’s previous All Time High was on 5 April 2022 where LUNC was priced at $119.18.
Terra Luna Classic’s price at the same time last week was $0.00011. It has moved by -15.71 % in the past week and is currently at $0.0001. Infact, in the past 24 hours, LUNC has dumped by -2.25 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and LUNC could hit $0.00027 in 2025.
The total circulating supply of Terra Luna Classic as of writing this article was $5792340180516.67 and the marketcap of LUNC remains at $586,212,223
LUNC price prediction: Key highlights
1. Primary support and resistance levels
The weekly time frame analysis pointed to $0.00020 as the highest resistance.
On the downside, $0.00005 acted as the lowest support level.
2. Market sentiment
In June 2024, the overall market sentiment is slightly bearish, with LUNC consolidating.
3. Predictive forecasts
Based on our AI/ML algorithms forecasts, LUNC is projected to trade at an average value of $0.002 by 2027 and $0.1 by 2033.
Given below is a comprehensive weekly technical analysis of LUNC, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:
Terra Luna Classic price prediction 2024: Terra Luna Classic's price for 2024 according to our analysis should range between $1.10 to $1.65 and the average price of LUNC should be around $1.37.
Terra Luna Classic price prediction 2025: Terra Luna Classic's price for 2025 according to our analysis should range between $0.00018 to $0.00027 and the average price of LUNC should be around $0.00023.
Shiba Inu Price Prediction: A Setback or a Chance to Buy Low !!
#BinanceTournament #TopCoinsJune2024 #EarnFreeCrypto2024 #BTC #bitcoin Shiba Inu attempted to surpass $0.000030000 but failed, resulting in a retreat and formation of a Double Top Pattern.Following a recent sell-off, bearish sentiment prevails as sell signals weigh on SHIB's price rally.In early March, a surge in buying pressure caused a 250% price spike on the platform.However, a subsequent substantial sell-off slashed prices by over 53%.$SHIB broke its long-term resistance trendline but couldn't sustain its breakout rally.Despite this setback, the Shiba Inu price trend reversed its pattern of lower highs with a double bottom formation, indicating renewed buyer interest.
The RSI is nearing oversold conditions without any bearish divergence. Moreover, the Ichimoku cloud recently turned bearish after the conversion line crossed below the baseline.
According To Coingabbar analysis, As the price breached its range, it may decline towards nearby support levels at approximately $0.0000183, with a near-term rebound unlikely.Maintaining above $0.0000183 could pave the way for a potential breakout above resistance at $0.000025.
KEY LEVELS :
RESISTANCE LEVEL : $0.00002350-$0.00002650
SUPPORT LEVEL : $0.00001830-$0.00001150
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
#BinanceTournament #TopCoinsJune2024 #EarnFreeCrypto2024 #BTC #bitcoin Shiba Inu attempted to surpass $0.000030000 but failed, resulting in a retreat and formation of a Double Top Pattern.Following a recent sell-off, bearish sentiment prevails as sell signals weigh on SHIB's price rally.In early March, a surge in buying pressure caused a 250% price spike on the platform.However, a subsequent substantial sell-off slashed prices by over 53%.$SHIB broke its long-term resistance trendline but couldn't sustain its breakout rally.Despite this setback, the Shiba Inu price trend reversed its pattern of lower highs with a double bottom formation, indicating renewed buyer interest.
The RSI is nearing oversold conditions without any bearish divergence. Moreover, the Ichimoku cloud recently turned bearish after the conversion line crossed below the baseline.
According To Coingabbar analysis, As the price breached its range, it may decline towards nearby support levels at approximately $0.0000183, with a near-term rebound unlikely.Maintaining above $0.0000183 could pave the way for a potential breakout above resistance at $0.000025.
KEY LEVELS :
RESISTANCE LEVEL : $0.00002350-$0.00002650
SUPPORT LEVEL : $0.00001830-$0.00001150
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
Terraform Labs to Dissolve After SEC Settlement, CEO Announces !!
#BinanceTournament #TopCoinsJune2024 #EarnFreeCrypto2024 #altcoins #BTC Following a settlement with the U.S. Securities and Exchange Commission (SEC), Chris Amani, who succeeded Do Kwon as the CEO of Terraform Labs, disclosed that the blockchain firm is set to dissolve.
Terraform Labs Set to Close Doors Post-SEC Settlement
Blockchain startup Terraform Labs has announced it is ceasing operations following a settlement with the SEC. CEO Chris Amani released the statement on the social media platform X. With the settlement complete, Amani noted he could now discuss the future of Terraform Labs (TFL).
“TFL always intended to dissolve at some point and that point is now. We will be winding down operations completely,” Amani stated. “Special thanks to the lunatics who supported us through this process and thanks to the TFL team. I’m incredibly proud that we were able to hold this company and ecosystem together and continue to build innovative products through all of this.
Meanwhile, the Terra ecosystem persists to an extent, supported by several decentralized applications and its tokens. However, the cryptocurrency tokens originating from the Terra blockchain have declined in value significantly. LUNA 2.0, the replacement for LUNA, has plummeted by 97%. In the decentralized finance (defi) arena, Terra defi protocols currently secure a mere $5.37 million in value locked, placing the chain at the 107th position among the leading blockchains by value locked.
#BinanceTournament #TopCoinsJune2024 #EarnFreeCrypto2024 #altcoins #BTC Following a settlement with the U.S. Securities and Exchange Commission (SEC), Chris Amani, who succeeded Do Kwon as the CEO of Terraform Labs, disclosed that the blockchain firm is set to dissolve.
Terraform Labs Set to Close Doors Post-SEC Settlement
Blockchain startup Terraform Labs has announced it is ceasing operations following a settlement with the SEC. CEO Chris Amani released the statement on the social media platform X. With the settlement complete, Amani noted he could now discuss the future of Terraform Labs (TFL).
“TFL always intended to dissolve at some point and that point is now. We will be winding down operations completely,” Amani stated. “Special thanks to the lunatics who supported us through this process and thanks to the TFL team. I’m incredibly proud that we were able to hold this company and ecosystem together and continue to build innovative products through all of this.
Meanwhile, the Terra ecosystem persists to an extent, supported by several decentralized applications and its tokens. However, the cryptocurrency tokens originating from the Terra blockchain have declined in value significantly. LUNA 2.0, the replacement for LUNA, has plummeted by 97%. In the decentralized finance (defi) arena, Terra defi protocols currently secure a mere $5.37 million in value locked, placing the chain at the 107th position among the leading blockchains by value locked.
Why LUNA and LUNC Prices Are Surging Today?
#BinanceTournament #TopCoinsJune2024 #EarnFreeCrypto2024 #altcoins #BTC The Terra tokens are on the move again, creating high hopes among investors to see a recovery in value. With the downfall of these cryptos in 2022, it is about time to witness some major gains because of the bullish market situation. The upcoming altcoin season is the hope for Terra (LUNA) and Terra Luna Classic (LUNC) holders.This LUNA and LUNC price surge is interesting as the rest of the market was in downfall earlier, where Bitcoin and the rest of the popular altcoins declined. On that note, let us discuss why these Terra tokens are rising today.
LUNA & LUNC Price Analysis
Terra (LUNA) is in an overall 97.13% fall after its peak two years ago, where it rose to an all-time high of $19.54. The altcoin had a decent surge today as the LUNA price increased to $0.5973 before declining to the current value of $0.5429. It has a market cap of $415,779,481, placing it 150th on the CoinmarketCap. LUNA’s trading volume is at $61,744,317, which has surged 102% in the last 24 hours, clarifying the reasons behind this surge.
LUNC is also on the same path, facing a 99.99% decline from its peak days in May 2022. Because of that, the Terra Classic price is at $0.0001027, which has hiked 1.18% from yesterday. Along with that, it has a market cap of $594,114,483. The surge in its network activity has pushed the trading volume to $37,034,782 after a 40% rise.
LUNA and LUNC had a better performance a few hours ago, as the trend seems to be declining by now as a slight downward moment is noticeable in the charts.
Why Are LUNA and LUNC Prices Rising?
For the past three days, the crypto market had a bearish outlook, where Bitcoin price had dropped to as low as $66,123. The negative impact of this is also visible in the rest of the cryptos. But after yesterday’s Consumer Price Index (CPI) data release, the market had a bullish push, helping with Bitcoin price recovery and causing a surge in cryptos like LUNA and LUNC.
#BinanceTournament #TopCoinsJune2024 #EarnFreeCrypto2024 #altcoins #BTC The Terra tokens are on the move again, creating high hopes among investors to see a recovery in value. With the downfall of these cryptos in 2022, it is about time to witness some major gains because of the bullish market situation. The upcoming altcoin season is the hope for Terra (LUNA) and Terra Luna Classic (LUNC) holders.This LUNA and LUNC price surge is interesting as the rest of the market was in downfall earlier, where Bitcoin and the rest of the popular altcoins declined. On that note, let us discuss why these Terra tokens are rising today.
LUNA & LUNC Price Analysis
Terra (LUNA) is in an overall 97.13% fall after its peak two years ago, where it rose to an all-time high of $19.54. The altcoin had a decent surge today as the LUNA price increased to $0.5973 before declining to the current value of $0.5429. It has a market cap of $415,779,481, placing it 150th on the CoinmarketCap. LUNA’s trading volume is at $61,744,317, which has surged 102% in the last 24 hours, clarifying the reasons behind this surge.
LUNC is also on the same path, facing a 99.99% decline from its peak days in May 2022. Because of that, the Terra Classic price is at $0.0001027, which has hiked 1.18% from yesterday. Along with that, it has a market cap of $594,114,483. The surge in its network activity has pushed the trading volume to $37,034,782 after a 40% rise.
LUNA and LUNC had a better performance a few hours ago, as the trend seems to be declining by now as a slight downward moment is noticeable in the charts.
Why Are LUNA and LUNC Prices Rising?
For the past three days, the crypto market had a bearish outlook, where Bitcoin price had dropped to as low as $66,123. The negative impact of this is also visible in the rest of the cryptos. But after yesterday’s Consumer Price Index (CPI) data release, the market had a bullish push, helping with Bitcoin price recovery and causing a surge in cryptos like LUNA and LUNC.
Terraform Labs to dissolve, CEO asks community to take over following $4.47 billion SEC settlement !!
#BinanceTournament #EarnFreeCrypto2024 #TopCoinsJune2024 #altcoins #BTC Chris Amani, CEO of Terraform Labs, the developer of Terra
LUNA -5.095%
blockchain, asked the community to take the reins as the firm plans to dissolve its operations. The firm, according to Amani, plans to sell its projects in the Terra ecosystem including Pulsar Finance, Station Wallet and Enterprise DAO.
This follows Terraform's massive $4.47 billion settlement with the U.S. Securities and Exchange Commission related to the UST algorithmic stablecoin, which dramatically collapsed in 2022.
"TFL always intended to dissolve at some point, and that point is now,” Amani stated on X, signaling the end for Terraform Labs. “We will be winding down operations completely.”
Amani stated the firm plans for a community proposal that would lead to the burning of all unvested Luna, Terraform’s native token. “Anything that remains vested in our wallets will be burned by TFL,” he affirmed, committing to a decisive end for the company’s direct involvement with the token.
He stated that Terra and Terra Classic blockchains could continue under the community’s control. “The community will need to take over ownership of the chain,” Amani stated, suggesting a community-led governance model that could redefine how blockchain projects operate post-crisis. The SEC initially charged Terraform and its co-founder, Do Kwon, in February 2023, accusing them of misleading investors and violating federal securities laws by engaging in fraudulent activities related to the sale of unregistered securities.
Terraform’s proposed settlement revealed on Wednesday with SEC includes $3.58 billion in disgorgement and a $420 million civil penalty. It also prohibits Kwon from serving as an officer or director of any public company. Additionally, Do Kwon is required to contribute about $204 million to a bankruptcy estate for Terraform aimed at compensating the investors harmed by the scheme.
#BinanceTournament #EarnFreeCrypto2024 #TopCoinsJune2024 #altcoins #BTC Chris Amani, CEO of Terraform Labs, the developer of Terra
LUNA -5.095%
blockchain, asked the community to take the reins as the firm plans to dissolve its operations. The firm, according to Amani, plans to sell its projects in the Terra ecosystem including Pulsar Finance, Station Wallet and Enterprise DAO.
This follows Terraform's massive $4.47 billion settlement with the U.S. Securities and Exchange Commission related to the UST algorithmic stablecoin, which dramatically collapsed in 2022.
"TFL always intended to dissolve at some point, and that point is now,” Amani stated on X, signaling the end for Terraform Labs. “We will be winding down operations completely.”
Amani stated the firm plans for a community proposal that would lead to the burning of all unvested Luna, Terraform’s native token. “Anything that remains vested in our wallets will be burned by TFL,” he affirmed, committing to a decisive end for the company’s direct involvement with the token.
He stated that Terra and Terra Classic blockchains could continue under the community’s control. “The community will need to take over ownership of the chain,” Amani stated, suggesting a community-led governance model that could redefine how blockchain projects operate post-crisis. The SEC initially charged Terraform and its co-founder, Do Kwon, in February 2023, accusing them of misleading investors and violating federal securities laws by engaging in fraudulent activities related to the sale of unregistered securities.
Terraform’s proposed settlement revealed on Wednesday with SEC includes $3.58 billion in disgorgement and a $420 million civil penalty. It also prohibits Kwon from serving as an officer or director of any public company. Additionally, Do Kwon is required to contribute about $204 million to a bankruptcy estate for Terraform aimed at compensating the investors harmed by the scheme.
Terra Luna Classic Price Plunges Post SEC’s $4.47 Billion Fine! Recovery on the Charts?
#EarnFreeCrypto2024 #TopCoinsJune2024 #altcoins #bitcoin #BTC Terra Luna Classic (LUNC) faces recovery challenges post-2022 market crash, struggling despite rebranding efforts.
SEC settlement imposes $4.47 billion in fines on Terraform Labs and Do Kwon, impacting leadership and trading activities.The Terra Luna Classic (LUNC) community has faced significant challenges since the market turmoil of 2022, which saw a massive $30 billion loss in a single week. Despite efforts to rebrand and refresh products, the ecosystem of UST logarithmic stablecoins within Terra Luna has struggled to recover.According to US SEC filings, Terraform Labs and Do Kwon agreed to pay a lump sum of $4.47 billion in fines after reaching a settlement with the agency. In addition to the fines, Kwon is expected to pay about $204 million to ensure the Terraform investors are reimbursed in the ongoing bankruptcy proceedings.
Moreover, Kwon is barred from holding any leadership role, and Terraform Labs cannot engage in crypto trading activities.From a technical standpoint, LUNC’s price against the US dollar is at a critical juncture, possibly indicating further losses. This small-cap altcoin has a fully diluted valuation of about $591 million and sees a daily traded volume averaging around $38 million. Despite recent network improvements, LUNC has struggled to recover from setbacks in 2022.
The altcoin continues to consolidate within a large triangular pattern and has lost support from the weekly 50 Moving Average (MA). The Relative Strength Index (RSI) has also failed to surpass the crucial 50-point mark, reflecting prevailing bearish sentiment.To boost optimism, the Terra LUNC community has intensified efforts for on-chain burns. Recently, Binance burned 1.35 billion LUNC tokens, contributing to a total burn of approximately 60 billion tokens.Additionally, the community approved a $30,000 expenditure (equivalent to 256 million LUNC tokens) earlier this week for development purposes.
#EarnFreeCrypto2024 #TopCoinsJune2024 #altcoins #bitcoin #BTC Terra Luna Classic (LUNC) faces recovery challenges post-2022 market crash, struggling despite rebranding efforts.
SEC settlement imposes $4.47 billion in fines on Terraform Labs and Do Kwon, impacting leadership and trading activities.The Terra Luna Classic (LUNC) community has faced significant challenges since the market turmoil of 2022, which saw a massive $30 billion loss in a single week. Despite efforts to rebrand and refresh products, the ecosystem of UST logarithmic stablecoins within Terra Luna has struggled to recover.According to US SEC filings, Terraform Labs and Do Kwon agreed to pay a lump sum of $4.47 billion in fines after reaching a settlement with the agency. In addition to the fines, Kwon is expected to pay about $204 million to ensure the Terraform investors are reimbursed in the ongoing bankruptcy proceedings.
Moreover, Kwon is barred from holding any leadership role, and Terraform Labs cannot engage in crypto trading activities.From a technical standpoint, LUNC’s price against the US dollar is at a critical juncture, possibly indicating further losses. This small-cap altcoin has a fully diluted valuation of about $591 million and sees a daily traded volume averaging around $38 million. Despite recent network improvements, LUNC has struggled to recover from setbacks in 2022.
The altcoin continues to consolidate within a large triangular pattern and has lost support from the weekly 50 Moving Average (MA). The Relative Strength Index (RSI) has also failed to surpass the crucial 50-point mark, reflecting prevailing bearish sentiment.To boost optimism, the Terra LUNC community has intensified efforts for on-chain burns. Recently, Binance burned 1.35 billion LUNC tokens, contributing to a total burn of approximately 60 billion tokens.Additionally, the community approved a $30,000 expenditure (equivalent to 256 million LUNC tokens) earlier this week for development purposes.
Breaking: Terraform Labs To Pay $4.47B To Settle SEC Charges !!
#TopCoinsJune2024 #EarnFreeCrypto2024 #BTC #bitcoin #altcoins Embattled blockchain startup Terraform Labs has agreed to settle charges levied against it by the United States Securities and Exchange Commission (SEC) for $4.47 billion.
The news of the settlement was first shared by Reuters in what will come as the next high-profile case in the crypto ecosystem to pay over $4 billion in settlement. Months ago, Binance Exchange settled with the Department of Justice (DOJ) for a long-standing probe into the exchange.
The trading platform agreed to pay $4.3 billion that went to the DoJ, the Financial Crimes Enforcement Network (FinCEN) and the Commodity Futures Trading Commission (CFTC). The settlement at the time also saw the resignation of founder Changpeng ‘CZ’ Zhao who is currently in jail.Terraform Labs saw the liquidation of its tokens Terra (LUNA) and TerraUSD (USTC) as both were called at the time. The liquidation saw over $40 billion wiped from the market, drawing attention from regulators like the SEC.
#TopCoinsJune2024 #EarnFreeCrypto2024 #BTC #bitcoin #altcoins Embattled blockchain startup Terraform Labs has agreed to settle charges levied against it by the United States Securities and Exchange Commission (SEC) for $4.47 billion.
The news of the settlement was first shared by Reuters in what will come as the next high-profile case in the crypto ecosystem to pay over $4 billion in settlement. Months ago, Binance Exchange settled with the Department of Justice (DOJ) for a long-standing probe into the exchange.
The trading platform agreed to pay $4.3 billion that went to the DoJ, the Financial Crimes Enforcement Network (FinCEN) and the Commodity Futures Trading Commission (CFTC). The settlement at the time also saw the resignation of founder Changpeng ‘CZ’ Zhao who is currently in jail.Terraform Labs saw the liquidation of its tokens Terra (LUNA) and TerraUSD (USTC) as both were called at the time. The liquidation saw over $40 billion wiped from the market, drawing attention from regulators like the SEC.
LUNC News: Terra Luna Classic Community Votes On Game Changing Proposal !!
#EarnFreeCrypto2024 #TopCoinsJune2024 #altcoins #BTC #bitcoin LUNC News: Terra Luna Classic proposal to implement Tax2Gas and remove the need for separating handling and calculation of tax. Tax2Gas will incorporate the tax into the gas and decrease complexities for dApp developers, as per a proposal by StrathCole and Genuine Labs.
Proposal 12115 “Genuine Labs Tax2Gas Implementation” is currently under governance voting on Station wallet. The proposal by Genuine Labs aims to proceed with incorporating tax into the gas and help prevent as much attack vectors as possible using e2e-test.
At press time, the proposal has received 99.98% “Yes” votes and indicates the community’s acceptance to the Tax2Gas implementation. All validator who participated have voted in favor of the proposal. It received quick support from validators such as JESUSisLORD, StakeBin, Ninja Node, and others.As reported earlier, Tax2Gas proposal looks to resolve issues including contract developers’ need to calculate the tax manually. Moreover, clients or dApps have to calculate the tax themselves as the simulation endpoint only provides gas estimates. Migrating audited dApps becomes cumbersome due to these Classic-specific adjustments, leading to potential re-audits.
Developers require 5 weeks for research, development, and basic testing and deployment. The estimated total budget is $25,000 in LUNC.
LUNC price jumped 4% in the last 24 hours amid positive sentiment due to cooling CPI, with the price currently trading at $0.0001049. The 24-hour low and high are $0.00009855 and $0.0001057, respectively. Moreover, trading volume increased by 20% in the last 24 hours, indicating interest among traders.However, the price is still below the key level of $0.00012 and needs to soar above the level for a massive rally in Terra Classic ecosystem tokens.Meanwhile, USTC price also climbed more than 3%, with the price now trading at $0.02378.
#EarnFreeCrypto2024 #TopCoinsJune2024 #altcoins #BTC #bitcoin LUNC News: Terra Luna Classic proposal to implement Tax2Gas and remove the need for separating handling and calculation of tax. Tax2Gas will incorporate the tax into the gas and decrease complexities for dApp developers, as per a proposal by StrathCole and Genuine Labs.
Proposal 12115 “Genuine Labs Tax2Gas Implementation” is currently under governance voting on Station wallet. The proposal by Genuine Labs aims to proceed with incorporating tax into the gas and help prevent as much attack vectors as possible using e2e-test.
At press time, the proposal has received 99.98% “Yes” votes and indicates the community’s acceptance to the Tax2Gas implementation. All validator who participated have voted in favor of the proposal. It received quick support from validators such as JESUSisLORD, StakeBin, Ninja Node, and others.As reported earlier, Tax2Gas proposal looks to resolve issues including contract developers’ need to calculate the tax manually. Moreover, clients or dApps have to calculate the tax themselves as the simulation endpoint only provides gas estimates. Migrating audited dApps becomes cumbersome due to these Classic-specific adjustments, leading to potential re-audits.
Developers require 5 weeks for research, development, and basic testing and deployment. The estimated total budget is $25,000 in LUNC.
LUNC price jumped 4% in the last 24 hours amid positive sentiment due to cooling CPI, with the price currently trading at $0.0001049. The 24-hour low and high are $0.00009855 and $0.0001057, respectively. Moreover, trading volume increased by 20% in the last 24 hours, indicating interest among traders.However, the price is still below the key level of $0.00012 and needs to soar above the level for a massive rally in Terra Classic ecosystem tokens.Meanwhile, USTC price also climbed more than 3%, with the price now trading at $0.02378.
Meme Coins in Decline: Stagnation or Innovation?
#EarnFreeCrypto2024 #TopCoinsJune2024 #altcoins #BlackRock #BTC Amid the falling global cryptocurrency market, where Bitcoin and Ethereum are painting red on their charts, meme coins, the whimsical and often unpredictable players in the crypto world, are also facing a period of reckoning. Once propelled to fame by viral internet culture and celebrity endorsements, these digital tokens are now grappling with declining performance and fading investor enthusiasm. The current state of meme coins including popular ones like Dogecoin (DOGE), Shiba Inu (SHIB), and Dogwifhat (WIF) raises critical questions: Are we witnessing the stagnation of this crypto subgenre, or can innovation spark a revival?
To understand the present landscape, let’s examine the recent performance of some popular meme coins:
The data paints a somber picture: most meme coins are experiencing significant losses, both over the past 24 hours and the week. Despite occasional rallies, the overall trend is unmistakably downward, sparking concern among investors and analysts alike.
In order to understand the current situation, we should analyze the recent performance of several popular meme coins.
The information shows a gloomy scenario: the majority of meme coins are facing substantial decreases, both within the last 24 hours and the week. Although there are sporadic rallies, the general direction is clearly downward, causing worry among both investors and analysts.
Alex Krüger, a prominent economist and crypto trader, has been vocal about the challenges facing meme coins. He argues that the odds of a new meme coin succeeding by adhering to traditional methods are “very close to zero.” According to Krüger, the crypto landscape is evolving, and meme coins must introduce “new mechanics” to stay relevant. He cites Notcoin (NOT/USD) as an example of innovation within the space, highlighting its unique deflationary mechanism.As the broader altcoin market shows signs of stagnation, the call for innovation becomes increasingly urgent.
#EarnFreeCrypto2024 #TopCoinsJune2024 #altcoins #BlackRock #BTC Amid the falling global cryptocurrency market, where Bitcoin and Ethereum are painting red on their charts, meme coins, the whimsical and often unpredictable players in the crypto world, are also facing a period of reckoning. Once propelled to fame by viral internet culture and celebrity endorsements, these digital tokens are now grappling with declining performance and fading investor enthusiasm. The current state of meme coins including popular ones like Dogecoin (DOGE), Shiba Inu (SHIB), and Dogwifhat (WIF) raises critical questions: Are we witnessing the stagnation of this crypto subgenre, or can innovation spark a revival?
To understand the present landscape, let’s examine the recent performance of some popular meme coins:
The data paints a somber picture: most meme coins are experiencing significant losses, both over the past 24 hours and the week. Despite occasional rallies, the overall trend is unmistakably downward, sparking concern among investors and analysts alike.
In order to understand the current situation, we should analyze the recent performance of several popular meme coins.
The information shows a gloomy scenario: the majority of meme coins are facing substantial decreases, both within the last 24 hours and the week. Although there are sporadic rallies, the general direction is clearly downward, causing worry among both investors and analysts.
Alex Krüger, a prominent economist and crypto trader, has been vocal about the challenges facing meme coins. He argues that the odds of a new meme coin succeeding by adhering to traditional methods are “very close to zero.” According to Krüger, the crypto landscape is evolving, and meme coins must introduce “new mechanics” to stay relevant. He cites Notcoin (NOT/USD) as an example of innovation within the space, highlighting its unique deflationary mechanism.As the broader altcoin market shows signs of stagnation, the call for innovation becomes increasingly urgent.
Bonk Price Prediction as Crypto Prices Crash – Can BONK Recover?
#EarnFreeCrypto2024 #TopCoinsJune2024 #altcoins #BTC #bitcoin Today, the BONK price has shown resilience with modest growth despite a broader market downturn that affected many major meme coins, which saw declines of 5-10%. This hints at a potential recovery for BONK.
In the last 24 hours, the BONK token has decreased by 2.71%, dropping its price to $0.000247 amid a general market pullback. Over the past week, BONK has recorded a 7.46% loss, which contrasts sharply with its impressive monthly gain of 34.32%.
Over the last year, BONK has achieved an extraordinary return of 11,549.19%, significantly outperforming major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
This impressive performance underscores the strong and widespread investor interest in BONK.
Furthermore, the meme coin’s 24-hour trading volume has increased by 16.09% to $609.24 million, suggesting that its short-term momentum may be setting the stage for a recovery.
After dipping in the early hours of this morning, it seems that BONK is ready to rebound again.
Most notably, the BONK price has surged upwards after retesting the negative trendline (yellow) which has formed support over the past week, hinting at a trend reversal.
This is further supported by BONK’s relative strength index (purple), which has surged from 30 to 65 over the past 24 hours. This increase indicates weakening selling pressure and a potential shift toward an uptrend.The 200-day moving average (blue) shows a downward trend, with the 30-day moving average (orange) following suit below it. This suggests that the downtrend is expected to persist, despite recent short-term price increases.
If the 30-day moving average fails to start rising soon, it could signal that the current positive momentum is insufficient to reverse the wider downtrend.Therefore, as a meme coin that lacks any real fundamentals of its own, BONK price action is more likely to depend on broader market waves to break out of this trend.
#EarnFreeCrypto2024 #TopCoinsJune2024 #altcoins #BTC #bitcoin Today, the BONK price has shown resilience with modest growth despite a broader market downturn that affected many major meme coins, which saw declines of 5-10%. This hints at a potential recovery for BONK.
In the last 24 hours, the BONK token has decreased by 2.71%, dropping its price to $0.000247 amid a general market pullback. Over the past week, BONK has recorded a 7.46% loss, which contrasts sharply with its impressive monthly gain of 34.32%.
Over the last year, BONK has achieved an extraordinary return of 11,549.19%, significantly outperforming major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
This impressive performance underscores the strong and widespread investor interest in BONK.
Furthermore, the meme coin’s 24-hour trading volume has increased by 16.09% to $609.24 million, suggesting that its short-term momentum may be setting the stage for a recovery.
After dipping in the early hours of this morning, it seems that BONK is ready to rebound again.
Most notably, the BONK price has surged upwards after retesting the negative trendline (yellow) which has formed support over the past week, hinting at a trend reversal.
This is further supported by BONK’s relative strength index (purple), which has surged from 30 to 65 over the past 24 hours. This increase indicates weakening selling pressure and a potential shift toward an uptrend.The 200-day moving average (blue) shows a downward trend, with the 30-day moving average (orange) following suit below it. This suggests that the downtrend is expected to persist, despite recent short-term price increases.
If the 30-day moving average fails to start rising soon, it could signal that the current positive momentum is insufficient to reverse the wider downtrend.Therefore, as a meme coin that lacks any real fundamentals of its own, BONK price action is more likely to depend on broader market waves to break out of this trend.
Pepe and Bonk memecoins surge by 10% despite general market dip !!
#EarnFreeCrypto2024 #TopCoinsJune2024 #altcoins #BTC #bitcoin Pepe and Bonk coin stood out in the market today by surging 10% when the entire crypto market was down in red.
The two memecoins performed positively in the market while other crypto assets including Bitcoin and Ethereum dipped in value.
The Crypto global market woke up on June 12 to a general market dip affecting most major cryptocurrencies. Top crypto assets like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cardano (ADA) were all in red.
Pepe and Bonk memecoins both recorded a 10% surge in price value during the market dip and their market capitalization also increased.
Unsurprisingly the two memecoins are among the top six largest memecoins by market capitalization. Pepe coin the frog-themed memecoin is listed third on the list while Bonk coin the Solana memecoin is listed in the sixth position. Besides the 10% surge in price by the memecoins, Pepe has become the leading memecoin in terms of daily trading volume.
Pepe coin has surpassed $1.2 billion in daily trading volume beating Dogecoin to the number 1 spot. Dogecoin at second place has a daily trading volume of $1.1 billion. Top crypto analysts highlighted the impressive performance of the two coins predicting a higher surge for both memecoins.
David Satoshi shared his opinion on X on the matter giving a graphical representation of the price surge of Pepe coin and why it is doing well despite the general market dip.
Clinton Fx a technical analyst team added to the discussion sharing their theory for the impressive performance of Bonk coin in the market during a downturn.Memecoins like Pepe and Bonk are fast becoming a very important aspect of the crypto industry. The category of crypto assets which started as a joke is now home to some of the best-performing crypto assets in the market.Top Memecoins like Dogecoin and Shiba Inu both have a market capitalization of $20 billion and 12 billion respectively.
#EarnFreeCrypto2024 #TopCoinsJune2024 #altcoins #BTC #bitcoin Pepe and Bonk coin stood out in the market today by surging 10% when the entire crypto market was down in red.
The two memecoins performed positively in the market while other crypto assets including Bitcoin and Ethereum dipped in value.
The Crypto global market woke up on June 12 to a general market dip affecting most major cryptocurrencies. Top crypto assets like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cardano (ADA) were all in red.
Pepe and Bonk memecoins both recorded a 10% surge in price value during the market dip and their market capitalization also increased.
Unsurprisingly the two memecoins are among the top six largest memecoins by market capitalization. Pepe coin the frog-themed memecoin is listed third on the list while Bonk coin the Solana memecoin is listed in the sixth position. Besides the 10% surge in price by the memecoins, Pepe has become the leading memecoin in terms of daily trading volume.
Pepe coin has surpassed $1.2 billion in daily trading volume beating Dogecoin to the number 1 spot. Dogecoin at second place has a daily trading volume of $1.1 billion. Top crypto analysts highlighted the impressive performance of the two coins predicting a higher surge for both memecoins.
David Satoshi shared his opinion on X on the matter giving a graphical representation of the price surge of Pepe coin and why it is doing well despite the general market dip.
Clinton Fx a technical analyst team added to the discussion sharing their theory for the impressive performance of Bonk coin in the market during a downturn.Memecoins like Pepe and Bonk are fast becoming a very important aspect of the crypto industry. The category of crypto assets which started as a joke is now home to some of the best-performing crypto assets in the market.Top Memecoins like Dogecoin and Shiba Inu both have a market capitalization of $20 billion and 12 billion respectively.
Avalanche (AVAX) and Worldcoin (WLD) Slide as Capital Shifts to This New Project With 10x Potential
#EarnFreeCrypto2024 #TopCoinsJune2024 #altcoins #BlackRock #BTC Avalanche (AVAX) and Worldcoin (WLD) are down 3% and 2% this week; both coins have been showing continuous bearish signs and are trading at the major support level. Due to the slide in price, investors are now shifting to a new project with unique benefits and an innovative business model with a potential of 10x in the future.
The new entrant DTX Exchange has been attracting investors all over the crypto communities, and with the slide in the crypto market recently, especially in Avalanche (AVAX) and Worldcoin (WLD), its presale has seen huge inflow.
Avalanch (AVAX), after rising to $40, is again corrected to its major support of $32. This month alone, it has dropped more than 11%, from $37.15 to $32. It is currently trading at the $32 level, which is a major support for the coin; it has bounced more than 5 times from the same level.
It is currently trading below all its key moving averages, a sign of bearishness. The RSI is 36.89, which indicates the bearish strength of the coin. We can see an upmove after some more correction in the oversold zone. The MACD is also below the middle zero line, indicating bearish pressure. All these bearish signs and price action have led Avalanche (AVAX) investors to shift towards the DTX Exchange.
Worldcoin (WLD) reached an all-time high of $11.84 in March; from there, it decreased by more than 60% and is currently trading at $4.002. This month alone, it’s down 17%, taking its price from $4.83 to $4.002. $3.90 is the immediate support, while $4.5 is the near resistance.
Recent news revealed that Elliott Suthers, who used to lead corporate communications at the U.S. cryptocurrency exchange Coinbase, has taken on a new role as the head of communications for Europe, the Middle East, and Africa at Worldcoin (WLD). It is an iris biometric crypto project founded in 2019 by OpenAI CEO Sam Altman.
#EarnFreeCrypto2024 #TopCoinsJune2024 #altcoins #BlackRock #BTC Avalanche (AVAX) and Worldcoin (WLD) are down 3% and 2% this week; both coins have been showing continuous bearish signs and are trading at the major support level. Due to the slide in price, investors are now shifting to a new project with unique benefits and an innovative business model with a potential of 10x in the future.
The new entrant DTX Exchange has been attracting investors all over the crypto communities, and with the slide in the crypto market recently, especially in Avalanche (AVAX) and Worldcoin (WLD), its presale has seen huge inflow.
Avalanch (AVAX), after rising to $40, is again corrected to its major support of $32. This month alone, it has dropped more than 11%, from $37.15 to $32. It is currently trading at the $32 level, which is a major support for the coin; it has bounced more than 5 times from the same level.
It is currently trading below all its key moving averages, a sign of bearishness. The RSI is 36.89, which indicates the bearish strength of the coin. We can see an upmove after some more correction in the oversold zone. The MACD is also below the middle zero line, indicating bearish pressure. All these bearish signs and price action have led Avalanche (AVAX) investors to shift towards the DTX Exchange.
Worldcoin (WLD) reached an all-time high of $11.84 in March; from there, it decreased by more than 60% and is currently trading at $4.002. This month alone, it’s down 17%, taking its price from $4.83 to $4.002. $3.90 is the immediate support, while $4.5 is the near resistance.
Recent news revealed that Elliott Suthers, who used to lead corporate communications at the U.S. cryptocurrency exchange Coinbase, has taken on a new role as the head of communications for Europe, the Middle East, and Africa at Worldcoin (WLD). It is an iris biometric crypto project founded in 2019 by OpenAI CEO Sam Altman.
Toncoin Price Analysis: TON Price To Record Massive Correction Soon?
#EarnFreeCrypto2024 #TopCoinsJune2024 #altcoins #BlackRock #BTC The crypto market continues to display a weak price action since the week’s start with top crypto tokens failing to hold their respective values above their important support levels. This indicates a cool-off period in the crypto space, further indicating a potential accumulation period for the upcoming bull run.
However, after recording a correction of 4.57% within the last seven days and 3.53% over the past 30 days, the TON coin price has recorded a bullish jump of 3.85% within the past day, indicating a high possibility of a trend reversal during the upcoming days.Amid increased bearish sentiment in the crypto space, the Toncoin price continues to trade in a closed range between $6.220 and $7.400. However, the Layer-1 token has displayed a positive price action over the past 24 hours and is on the verge of testing its resistance level, the outcome of which is uncertain. With a trading price of $7.126, a circulating supply of 2,431,770,634 TON tokens, and a market capitalization of $$17,248,976,960, the Toncoin (TON) crypto continues to hold its position in the list of top 10 cryptocurrencies by valuation in the global crypto market.
The Moving Average Convergence Divergence (MACD) shows a constant decline in the green histogram, indicating an increase in the negative influence in the crypto space. On the other hand, the averages record a potential bearish convergence in the 1D time frame.
If the market pushes the Toncoin crypto price above the resistance level of $7.40, the bulls will prepare to retest its previous all-time high (ATH) by the upcoming week. Maintaining the price at that level will set the stage for the TON price to head toward the $8.60 mark.
Negatively, if the bears gain control over the bulls, the TON token will fall toward its support level of $6.220. Furthermore, if the bulls fail to regain momentum, the Toncoin will plunge further and test its crucial support level of 5.155 this month.
#EarnFreeCrypto2024 #TopCoinsJune2024 #altcoins #BlackRock #BTC The crypto market continues to display a weak price action since the week’s start with top crypto tokens failing to hold their respective values above their important support levels. This indicates a cool-off period in the crypto space, further indicating a potential accumulation period for the upcoming bull run.
However, after recording a correction of 4.57% within the last seven days and 3.53% over the past 30 days, the TON coin price has recorded a bullish jump of 3.85% within the past day, indicating a high possibility of a trend reversal during the upcoming days.Amid increased bearish sentiment in the crypto space, the Toncoin price continues to trade in a closed range between $6.220 and $7.400. However, the Layer-1 token has displayed a positive price action over the past 24 hours and is on the verge of testing its resistance level, the outcome of which is uncertain. With a trading price of $7.126, a circulating supply of 2,431,770,634 TON tokens, and a market capitalization of $$17,248,976,960, the Toncoin (TON) crypto continues to hold its position in the list of top 10 cryptocurrencies by valuation in the global crypto market.
The Moving Average Convergence Divergence (MACD) shows a constant decline in the green histogram, indicating an increase in the negative influence in the crypto space. On the other hand, the averages record a potential bearish convergence in the 1D time frame.
If the market pushes the Toncoin crypto price above the resistance level of $7.40, the bulls will prepare to retest its previous all-time high (ATH) by the upcoming week. Maintaining the price at that level will set the stage for the TON price to head toward the $8.60 mark.
Negatively, if the bears gain control over the bulls, the TON token will fall toward its support level of $6.220. Furthermore, if the bulls fail to regain momentum, the Toncoin will plunge further and test its crucial support level of 5.155 this month.
Terra Luna Classic Price Prediction Amid 14% Upsurge In Trading Volume, Targeting $0.0002?
#EarnFreeCrypto2024 #TopCoinsJune2024 #altcoins #BTC #bitcoin Cryptocurrency prices are in the red for the third day in a row while the Terra Luna Classic price prediction reveals a potential uptick in price to $0.0002 if certain conditions are met. LUNC, the token powering the ecosystem is down 2.77% to hover at $0.0001015 during US business hours on Wednesday. According to data by CoinMarketCap, although Terra Classic’s market cap has corrected to $588 million, a modest 14% increase in the 24-hour trading volume cannot be ignored. This surge to $25 million implies that investor interest is growing—and this bullish outlook.The Terra Classic bulls have an uphill battle defending the most critical support at $0.0001. So far, the price has bounced from this level on the daily chart, but with the Relative Strength Index (RSI) falling to 38, the down leg could extend further.
Therefore, traders would be wise to watch out for the price behaviour around $0.0001, as highlighted by the lower ascending trendline. An immediate rebound will prop Terra Classic price for an incoming uptrend while closing the day below the same level could send jitters among investors, paving the way for a price drop to $0.00009, the next support level. Holding below all three key Exponential Moving Averages (EMAs) including the 20-day EMA in blue, the 50-day EMA in red, and the 200-day EMA in purple could worsen the situation for bulls.The four-hour chart validates the bearish thesis highlighting two more death cross patterns. When a short-term MA crosses below a long-term MA, the pattern favors a bearish outcome.
potential rebound from the lower trendline would mark a trend reversal. Nevertheless, LUNC may remain under the influence of the bears until it climbs past the upper broken trendline and most importantly the resistance in red at $0.00012. From here, the move to $0.0002 could happen quickly backed by FOMO and a generally bullish market.
#EarnFreeCrypto2024 #TopCoinsJune2024 #altcoins #BTC #bitcoin Cryptocurrency prices are in the red for the third day in a row while the Terra Luna Classic price prediction reveals a potential uptick in price to $0.0002 if certain conditions are met. LUNC, the token powering the ecosystem is down 2.77% to hover at $0.0001015 during US business hours on Wednesday. According to data by CoinMarketCap, although Terra Classic’s market cap has corrected to $588 million, a modest 14% increase in the 24-hour trading volume cannot be ignored. This surge to $25 million implies that investor interest is growing—and this bullish outlook.The Terra Classic bulls have an uphill battle defending the most critical support at $0.0001. So far, the price has bounced from this level on the daily chart, but with the Relative Strength Index (RSI) falling to 38, the down leg could extend further.
Therefore, traders would be wise to watch out for the price behaviour around $0.0001, as highlighted by the lower ascending trendline. An immediate rebound will prop Terra Classic price for an incoming uptrend while closing the day below the same level could send jitters among investors, paving the way for a price drop to $0.00009, the next support level. Holding below all three key Exponential Moving Averages (EMAs) including the 20-day EMA in blue, the 50-day EMA in red, and the 200-day EMA in purple could worsen the situation for bulls.The four-hour chart validates the bearish thesis highlighting two more death cross patterns. When a short-term MA crosses below a long-term MA, the pattern favors a bearish outcome.
potential rebound from the lower trendline would mark a trend reversal. Nevertheless, LUNC may remain under the influence of the bears until it climbs past the upper broken trendline and most importantly the resistance in red at $0.00012. From here, the move to $0.0002 could happen quickly backed by FOMO and a generally bullish market.
Dogwifhat Vs Bonk: Which Solana Meme Coins To Hold Until December ?
#TopCoinsJune2024 #EarnFreeCrypto2024 #altcoins #BTC #bitcoin Bonk vs Dogwifhat represents the latest wave of Solana meme coins, attracting considerable attention with their memes. These tokens offer unique features and value propositions, standing out in utility, market performance, and community engagement. Understanding their distinctions can help investors make informed decisions.
The emergence of new meme coins often comes with a unique twist. Enter Bonk and Dogwifhat, two newcomers that have sparked heated debates among crypto enthusiasts. Their features and community engagement differences make them distinct choices in the meme coin space.
1. Solana Meme Coins – Dogwifhat (WIF)
Dogwifhat (WIF), a meme coin on the Solana blockchain, holds the 41st position on CoinMarketCap with a market cap of $2.6 billion. Since its launch, WIF has surged by an impressive 1495%, making it one of the year’s top-performing meme coins on Solana.
This remarkable growth suggests WIF has significant long-term holding potential. However, the current price of WIF is $2.68, reflecting a 0.78% decrease, indicating a short-term bearish trend.
Dogwifhat fosters a dynamic, engaged community that actively participates in discussions, events, and initiatives.
Dogwifhat has claimed the spotlight with significant price surges and strong market performance since its inception. This has attracted a loyal community of supporters and investors. Community-driven initiatives contribute to Dogwifhat’s popularity, making it a formidable contender in the meme coin market.
Dogwifhat’s market cap is $2.6 billion, ranking 41 on CoinMarketCap. WIF’s trading volume is $361, reflecting its strong performance and demand in the meme coin sector.Dogwifhat provides a unique meme coin experience, focusing on community-driven initiatives and decentralized governance. WIF has shown impressive price performance and market cap growth, establishing it as a notable player in the meme coin space.
#TopCoinsJune2024 #EarnFreeCrypto2024 #altcoins #BTC #bitcoin Bonk vs Dogwifhat represents the latest wave of Solana meme coins, attracting considerable attention with their memes. These tokens offer unique features and value propositions, standing out in utility, market performance, and community engagement. Understanding their distinctions can help investors make informed decisions.
The emergence of new meme coins often comes with a unique twist. Enter Bonk and Dogwifhat, two newcomers that have sparked heated debates among crypto enthusiasts. Their features and community engagement differences make them distinct choices in the meme coin space.
1. Solana Meme Coins – Dogwifhat (WIF)
Dogwifhat (WIF), a meme coin on the Solana blockchain, holds the 41st position on CoinMarketCap with a market cap of $2.6 billion. Since its launch, WIF has surged by an impressive 1495%, making it one of the year’s top-performing meme coins on Solana.
This remarkable growth suggests WIF has significant long-term holding potential. However, the current price of WIF is $2.68, reflecting a 0.78% decrease, indicating a short-term bearish trend.
Dogwifhat fosters a dynamic, engaged community that actively participates in discussions, events, and initiatives.
Dogwifhat has claimed the spotlight with significant price surges and strong market performance since its inception. This has attracted a loyal community of supporters and investors. Community-driven initiatives contribute to Dogwifhat’s popularity, making it a formidable contender in the meme coin market.
Dogwifhat’s market cap is $2.6 billion, ranking 41 on CoinMarketCap. WIF’s trading volume is $361, reflecting its strong performance and demand in the meme coin sector.Dogwifhat provides a unique meme coin experience, focusing on community-driven initiatives and decentralized governance. WIF has shown impressive price performance and market cap growth, establishing it as a notable player in the meme coin space.
