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El pool total de Terra Luna Classic ha alcanzado los 5 mil millones de LUNC: ¿es esto bueno o malo? El saldo del fondo comunitario Terra Luna Classic ha alcanzado un nuevo récord de 5 mil millones de LUNC. Terra Classic TVL y los compromisos están cayendo por falta de desarrolladores y proyectos. Los precios de LUNC y USTC están cayendo en medio de una liquidación en todo el mercado y bajos volúmenes de negociación. $LUNC $USTC $LUNA #lunc #luna

El pool total de Terra Luna Classic ha alcanzado los 5 mil millones de LUNC: ¿es esto bueno o malo?

El saldo del fondo comunitario Terra Luna Classic ha alcanzado un nuevo récord de 5 mil millones de LUNC.

Terra Classic TVL y los compromisos están cayendo por falta de desarrolladores y proyectos.

Los precios de LUNC y USTC están cayendo en medio de una liquidación en todo el mercado y bajos volúmenes de negociación.

$LUNC $USTC $LUNA #lunc #luna

Aviso legal: Se incluyen opiniones de terceros. Esto no representa asesoría financiera. Lee los TyC.
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🔥 XRP’s Bullish Potential: Echoes of 2023 Resurgence Return 🔺 XRP’s current behavior resembles September 2023, possibly indicating a bullish surge if MDIA rises. 🔺 Despite criticism and market turbulence, XRP displays resilience with accumulation activities shown by MDIA metrics. 🔺 Social engagement metrics show declining activity, but a recent rise in weighted sentiment hints at a potential market sentiment shift. In a scene reminiscent of September 2023, XRP finds itself at a crucial juncture, closely mirroring its past behavior. Should the Mean Dollar Invested Age (MDIA) continue its ascent, the stage might be set for a bullish surge. However, challenges loom large for XRP as it grapples with a broader sell-off that has rattled the altcoin market, including the likes of Bitcoin. Critics have emerged, branding XRP a “zombie token” due to perceived limitations in utility, casting doubts on its long-term viability. Despite the skepticism, there are silver linings to be found in XRP’s performance metrics. Analysis from the renowned analytical platform Santiment reveals a significant drop in the percentage of total XRP supply in profit, indicating a recent depreciation of 32.6% over the last six weeks. This decline, from 92% in mid-March to 72.6% presently, underscores the challenges facing the cryptocurrency. Yet, amidst the turmoil, signs of accumulation activities emerge, as reflected in the MDIA metric. This suggests that despite the market downturn, there are investors willing to take positions in XRP, possibly betting on its future potential. Moreover, historical data reveals an intriguing correlation between the Market Value to Realized Value (MVRV) ratio and MDIA. Past instances have shown that periods of consolidation around key support zones have often preceded significant price rallies for XRP. On the social engagement front, XRP’s interaction and activity levels have witnessed a noticeable decline, with social volume and dominance experiencing a dip. $XRP #XRP
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💵 $10 trillion investment giant outlines tomorrow’s Bitcoin bulls In the first year of the ‘crypto winter,’ pension funds – specifically Canadian pension funds – found themselves making headlines in various crypto outlets as they ended their cryptocurrency forays either before they began in earnest or after suffering major losses as companies like Celsius collapsed. Things have quieted down since for large institutional investors – at least with regard to the crypto markets – albeit with some exceptions, such as Vanguard’s acquisition of a large stake in Bitcoin (BTC) miners. This year, however, brought a massive change to the dynamic as in January, after years of waiting, the Securities and Exchange Commission (SEC) approved 9 spot Bitcoin exchange-traded funds (ETFs), seemingly opening the floodgates for crypto-wary investors to gain exposure using familiar vehicles. 🔺 BlackRock foresees massive institutional investors trading BTC ETFs According to BlackRock’s head of digital assets, Robert Mitchnick, the investment giant now expects BTC ETFs to see the coming of massive new and returning investors – Pension Funds, Sovereign Wealth Funds, and Endowments. As of May 2024, BlackRock is reportedly playing the role of an educator for such institutional investors in hopes of attracting them to Bitcoin exchange-traded funds and is seeing a general resurgence in interest from such entities. At the time of publication, BlackRock operates tha second-largest Bitcoin ETF – the iShares Bitcoin Trust (IBIT) – which boasts approximately $17 billion in assets under management (AUM). The financial giant is also working on closer relations with sovereign wealth funds – specifically the Saudi Arabian sovereign wealth fund – albeit, at this stage, unrelated to the world’s premier cryptocurrency and is reportedly setting up the BlackRock Riyadh Investment Management (BRIM). $BTC #BTC #BlackRock
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🔥 Binance Burned 1.4 Billion Terra Luna Classic (LUNC) Tokens Binance on Wednesday burned 1.4 billion Terra Luna Classic (LUNC) tokens in its 21st batch of the LUNC burn mechanism. After the latest burn by Binance, the total LUNC burned by the crypto exchange to date has now surpassed over 57 billion. The total LUNC tokens burned by the Terra Luna Classic community has reached over 112 billion. Binance has continued supporting the community for Terra Luna Classic revival since 2022 via its monthly LUNC burn mechanism. Crypto exchange Binance sent 4.17 billion Terra Luna Classic (LUNC) tokens to the burn address, as per the LUNC burn transaction on May 1. The crypto exchange is the top contributor to LUNC burn, accounting for 52% of the total LUNC burned by the community. Notably, the 21st batch of the LUNC burn mechanism Binance burned a significant amount of trading fees for the period between March 31 to April 29. Binance has now burned nearly 57.66 billion Terra Luna Classic (LUNC) tokens from trading fees on LUNC spot and margin trading pairs. Traders immediately responded to Binance’s LUNC burn, resulting in a long-awaited price recovery for the Terra Luna Classic ecosystem. The price of LUNC fell by 5% in a day, at the time of writing, it is trading at $0.00009531. The 24-hour high and low are $0.0001001 and $0.00009272 respectively. Trading volume has increased over the past 24 hours. $LUNC #LUNC
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🔴 What's Happening in the Market? After BTC fell 5% lower $60 thousand, it is consolidating about $57 thousand. Overall drop, starting from the historical maximum, is 22%, which is the biggest correction since the summer of 2023. 🇺🇸 Yesterday's comments Powell were positive, because he doesn't expect further increase in rates, however, growth risks inflation remains as at least until May 15th. ⚠️ More than $770 million was liquidated in 72 hours, creating severe pressure on the price of BTC and other coins. 📉 BlackRock ETF Sees First Capital Outflow May 1 amounted to $36.9 million, while the overall figure for ETFs recorded the largest capital outflow in history - $563 million. $BTC $ETH #BTC #ETH
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