Crypto2023
799,369 megtekintés
435 beszélgető
Népszerű
Legfrissebb
DWF Labs and Promontory Complete Strateg
On December 17th, DWF Labs and Promontory announced the completion of their strategic investment in HoldCoin, helping HoldCoin further expand its global market. DWF Labs and Promontory will provide strong support for HoldCoin, helping to enhance its brand influence, accelerate community building, and increase market liquidity, driving sustained global growth. This collaboration marks a new milestone in HoldCoin's development in the blockchain ecosystem.
#crypto2023
#crypto2023
🔴SOL | USDT
More than 1100% of profit for our Followers 👣
Those who have trusted Us are enjoying great profit now.
Never underestimate our signals and Analysis.
enjoy ☺
💛Remember: A lot of Hardwork goes into for providing you Best Investment Articles. Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
Follow for more 🤓
#SOL #solana #crypto2023 #cryptocurrency #BinanceTournament
More than 1100% of profit for our Followers 👣
Those who have trusted Us are enjoying great profit now.
Never underestimate our signals and Analysis.
enjoy ☺
💛Remember: A lot of Hardwork goes into for providing you Best Investment Articles. Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
Follow for more 🤓
#SOL #solana #crypto2023 #cryptocurrency #BinanceTournament
SIGNAL 🔴 SIGNAL 🔴 SIGNAL 🔴
Sol/usdt short limit order
Entry 77.19
Cross 20x—-75x
Take profit 75.00
Take profit 71.30
Take profit 65.70
Take profit 59.20
Stop loss 79.52
Use 3% wallet size
$SOL
#solana #SOL
Sol/usdt short limit order
Entry 77.19
Cross 20x—-75x
Take profit 75.00
Take profit 71.30
Take profit 65.70
Take profit 59.20
Stop loss 79.52
Use 3% wallet size
$SOL
#solana #SOL
Palau’s Ministry of Finance launches second phase of Palau stablecoin pilot program
Palau cybersecurity advisor Jay Hunter Anson tweeted that the Palau Ministry of Finance has officially launched the second phase of the Palau Stablecoin (PSC) program, which will focus on building a strong digital ecosystem, improving accessibility and user engagement, and will prioritize legal and regulatory compliance.The phase plan will integrate financial institutions, legal and regulatory compliance, regulatory agencies, legal frameworks, enterprises, and users to achieve transaction security and transparency that meets international standards.In addition, Jay Hunter Anson also stated that Palau will continue to work with Ripple, utilizing Ripple's carbon-neutral CBDC platform and technology.
#crypto2023
#crypto2023
Népszerű
The Future of Digital Currency Mining
IntroductionPi Network is a revolutionary digital currency project that aims to create a decentralized and user-friendly platform for cryptocurrency mining. Developed by a team of Stanford University graduates, Pi Network offers individuals the opportunity to mine Pi coins using their smartphones while maintaining low energy consumption. In this article, we will explore the key features and benefits of Pi Network and its potential impact on the future of digital currency.What is Pi Network?Pi Network is a mobile-based cryptocurrency mining project that utilizes a unique consensus algorithm called "Proof of Mining" to secure its blockchain. Unlike traditional cryptocurrencies like Bitcoin that require expensive mining hardware and high energy consumption, Pi Network allows users to mine Pi coins by simply installing a mobile app and pressing a button once a day.Key Features and Benefits1. User-Friendly MiningPi Network's mobile app makes mining accessible to anyone with a smartphone. Users can mine Pi coins effortlessly by engaging with the app for a few seconds each day, without the need for specialized mining equipment or technical knowledge.2. Low Energy ConsumptionUnlike traditional proof-of-work mining algorithms, Pi Network's Proof of Mining algorithm is designed to be energy-efficient. This reduces the environmental impact associated with cryptocurrency mining and makes it more sustainable.3. Security and TrustPi Network employs a robust security framework to protect user data and prevent fraudulent activities. The network utilizes a distributed ledger technology, ensuring transparency and immutability of transactions.4. Early Adoption Advantage Pi Network is still in its testing phase, allowing early adopters to join and mine Pi coins for free. As the network grows and reaches mainstream adoption, early miners may benefit from the potential appreciation of the Pi coin's value.Future PotentialPi Network has gained significant attention and has attracted millions of users worldwide. While the Pi coin currently holds no monetary value, the project's vision is to create a digital currency that can be used for real-world transactions. If successful, Pi Network has the potential to disrupt the traditional financial system by offering a decentralized alternative that is accessible to everyone.CLOSING thoughts Pi Network is an innovative project that aims to democratize cryptocurrency mining by making it accessible to anyone with a smartphone. With its user-friendly interface, low energy consumption, and focus on security, Pi Network offers a promising vision for the future of digital currency. As the project continues to evolve, it will be interesting to see how Pi Network impacts the broader cryptocurrency ecosystem and the adoption of digital currencies on a global scale.#crypto2023 #CryptoTalks #cryptocurrency #BinanceTournament
Is Your Web3 Contract Safe? 🔐
#Thirdweb , a smart contract development firm, reported a critical security flaw in a widely-used open-source library affecting various Web3 smart contracts, urging immediate action.
The #vulnerability , impacting contracts like DropERC20 and ERC721, remained unexploited, giving a brief window for prevention.
Thirdweb advised contract users to take mitigation steps or use #revoke.cash for protection.
The firm heightened security measures, doubled bug bounty payouts, and promised grants for contract mitigations, post-raising $24 million in Series A funding.
With over 70,000 developers using their services, Thirdweb's proactive warning highlights the urgent need for secure smart contract development in Web3.
#Binance
#crypto2023
#Thirdweb , a smart contract development firm, reported a critical security flaw in a widely-used open-source library affecting various Web3 smart contracts, urging immediate action.
The #vulnerability , impacting contracts like DropERC20 and ERC721, remained unexploited, giving a brief window for prevention.
Thirdweb advised contract users to take mitigation steps or use #revoke.cash for protection.
The firm heightened security measures, doubled bug bounty payouts, and promised grants for contract mitigations, post-raising $24 million in Series A funding.
With over 70,000 developers using their services, Thirdweb's proactive warning highlights the urgent need for secure smart contract development in Web3.
#Binance
#crypto2023
🔴🔴🔴🔴🔴🔴🔴🔴🔴🔴🔴🔴🔴🔴🔴🔴🔴
Daily Sentiment Analysis
--------------------
💛Remember: A lot of Hardwork goes into for providing you Best Investment Articles. Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#crypto2023 #cryptocurrency #BTC
Daily Sentiment Analysis
--------------------
💛Remember: A lot of Hardwork goes into for providing you Best Investment Articles. Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#crypto2023 #cryptocurrency #BTC
🚨🚨🚨🚨🚨🚨😱😱😱
💰Yesterday Bitcoin showed an upward movement, which did not particularly surprise me. This is an interesting picture we have. I marked in red the value where there is a lot of liquidity, namely in the area of $38,000 and the market will definitely come for it. Further on the 1 day time frame there is a very large bearish divergence🐻
✅Yesterday our volumes fell and the price rose - hmmm…🤔 , which is also very strange. I think after collecting liquidity we will see a strong downward movement⬇️
#BTC #bitcoin #cryptocurrency #crypto2023
💰Yesterday Bitcoin showed an upward movement, which did not particularly surprise me. This is an interesting picture we have. I marked in red the value where there is a lot of liquidity, namely in the area of $38,000 and the market will definitely come for it. Further on the 1 day time frame there is a very large bearish divergence🐻
✅Yesterday our volumes fell and the price rose - hmmm…🤔 , which is also very strange. I think after collecting liquidity we will see a strong downward movement⬇️
#BTC #bitcoin #cryptocurrency #crypto2023
#US DOLLAR ANALYSIS
After being rejected from horizontal resistance, the US dollar is currently holding above the Ichimoku cloud. A sustained breakdown of the Ichimoku cloud would confirm a bearish trend.
A downward trend in the dollar could be a bullish sign for the market, as it typically exhibits an inverse relationship with the market.
#usdollar #BinanceTournament #crypto2023 #cryptocurrency #BTC
After being rejected from horizontal resistance, the US dollar is currently holding above the Ichimoku cloud. A sustained breakdown of the Ichimoku cloud would confirm a bearish trend.
A downward trend in the dollar could be a bullish sign for the market, as it typically exhibits an inverse relationship with the market.
#usdollar #BinanceTournament #crypto2023 #cryptocurrency #BTC
🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓
#INJUSDT (Injective) 1D
UPDATE
➖➖➖➖➖➖➖➖
🔰 Finally our Full target zone has been touched with 1180% profit 🤯🤑
▫️ This trend is closing to its end but here is not the absolute end (Weekly Divergence is what I would like to see) and we can slowly expect sellers to have the upper hand. Purple path is what I think might happen in the next few weeks.
#cryptocurrency #crypto2023 #BTC #BinanceTournament
#INJUSDT (Injective) 1D
UPDATE
➖➖➖➖➖➖➖➖
🔰 Finally our Full target zone has been touched with 1180% profit 🤯🤑
▫️ This trend is closing to its end but here is not the absolute end (Weekly Divergence is what I would like to see) and we can slowly expect sellers to have the upper hand. Purple path is what I think might happen in the next few weeks.
#cryptocurrency #crypto2023 #BTC #BinanceTournament
If I purchase, The market offers
If I vend, The market acquires
When you enter the trading arena, it's akin to a celestial waltz. You make a purchase, and the market contemplates vending. You make a sale, and suddenly it desires an acquisition. It's an exhilarating journey, isn't it?📈📉
Have you ever sensed that peculiar force tugging at your trades? I certainly have, and it's an encounter that persists to this day. But here's the confidential insight: have faith in your analysis, substantiate it on extended time frames, and be unafraid.🥳
😅Trading demands mastering your sentiments and practicing steadfast patience. Don't let your emotions influence you, and bear in mind that patience is a virtue.
😅
In the realm of trading, if you neglect to conclude with a minor loss, you might discover yourself in a considerably deeper chasm. Ponder upon this sagacity.🤤
If you found this odyssey captivating and enlightening, don't overlook to appreciate, distribute, and trail the celestial choreography of the markets.🤕🤕
#BinanceTournament #BTC #crypto2023 #ETH #CryptoisBetter $BTC $ETH $SOL
Support with a Tips And Follow
If I vend, The market acquires
When you enter the trading arena, it's akin to a celestial waltz. You make a purchase, and the market contemplates vending. You make a sale, and suddenly it desires an acquisition. It's an exhilarating journey, isn't it?📈📉
Have you ever sensed that peculiar force tugging at your trades? I certainly have, and it's an encounter that persists to this day. But here's the confidential insight: have faith in your analysis, substantiate it on extended time frames, and be unafraid.🥳
😅Trading demands mastering your sentiments and practicing steadfast patience. Don't let your emotions influence you, and bear in mind that patience is a virtue.
😅
In the realm of trading, if you neglect to conclude with a minor loss, you might discover yourself in a considerably deeper chasm. Ponder upon this sagacity.🤤
If you found this odyssey captivating and enlightening, don't overlook to appreciate, distribute, and trail the celestial choreography of the markets.🤕🤕
#BinanceTournament #BTC #crypto2023 #ETH #CryptoisBetter $BTC $ETH $SOL
Support with a Tips And Follow
#BTC #cryptonews #crypto2023
Binance Completes Integration of 19 New dApps on Binance Web3 Wallet (December 2023)
Binance Web3 Wallet has completed the integration of various dApps. Users may now interact with these dApps via Binance Web3 Wallet with just a few simple steps. Open the Binance App and tap on [Wallets] > [Web3] > [Discover] > [Trending DApps] to get started!
This Addition Includes:
Dodo, Radiant Capital, Maverick, WooFi, CyberConnect, QuickSwap, GMX, Gala Games, BinaryX, 1inch, Maker, Compound, Curve, Convex, Frax Finance, Sushi, Yearn Finance, Alpaca, BiSwap
Binance Completes Integration of 19 New dApps on Binance Web3 Wallet (December 2023)
Binance Web3 Wallet has completed the integration of various dApps. Users may now interact with these dApps via Binance Web3 Wallet with just a few simple steps. Open the Binance App and tap on [Wallets] > [Web3] > [Discover] > [Trending DApps] to get started!
This Addition Includes:
Dodo, Radiant Capital, Maverick, WooFi, CyberConnect, QuickSwap, GMX, Gala Games, BinaryX, 1inch, Maker, Compound, Curve, Convex, Frax Finance, Sushi, Yearn Finance, Alpaca, BiSwap
🔴OP/USDT SHORT
✅Entry zone 2.43—2.49
CROSS 20x——50x⚠️
Take profit 120%——350%.
DCA point or stop loss 2.57
Use low wallet size
#crypto2023 #cryptocurrency #BTC #OP $OP
✅Entry zone 2.43—2.49
CROSS 20x——50x⚠️
Take profit 120%——350%.
DCA point or stop loss 2.57
Use low wallet size
#crypto2023 #cryptocurrency #BTC #OP $OP
🚀 Cardano (ADA) Christmas Price Prediction: ChatGPT Forecasts a Festive Surge
Over the past 24 hours, ADA has surged by 3.64%, over the week by 39.11%, and an impressive 74.88% in the past month, currently resting at $0.6367 - its highest since June.
📈 Current Scenario and Recent Momentum:
Cardano's recent rally is attributed to a wave of positive sentiment and strong technical developments. As of now, ADA stands at $0.6367, marking a substantial increase since June. The current momentum has garnered expectations of a continued surge into the new year.
🔮 ChatGPT's Bullish Forecast:
In line with the optimistic atmosphere, ChatGPT, a powerful Large Language Model developed by OpenAI, predicts a further upward trajectory for Cardano. The chatbot anticipates ADA's price to potentially reach $1.20 by Christmas Day, 2023 - nearly doubling its current value.
💡 Factors Influencing the Prediction:
Several factors could contribute to ADA's potential surge. The growing interest in the crypto market, sparked by recent surges in various cryptocurrencies, including LUNC, Bitcoin, and USTC, has drawn new users. This increased adoption might act as a catalyst for the broader crypto market.
🌐 Positive Market Sentiment:
The overall positive sentiment in the cryptocurrency market is a driving force. Recent stability and calmness in the broader crypto market have benefited Cardano, among other major cryptocurrencies. Investor confidence is gradually returning, potentially fueling ADA's upward trajectory.
💭 Cardano's Future Outlook:
The bold prediction of $1.20 by Christmas Day is ambitious, considering the time frame. However, given the crypto market's history of rapid surges, Cardano's potential to reach this mark remains to be seen.
📊 Stay Tuned for Real-time Updates on Cardano's Journey: Follow The Defidraft!
#cardano #CardanoGPT #crypto #cryptocurrency #crypto2023
Over the past 24 hours, ADA has surged by 3.64%, over the week by 39.11%, and an impressive 74.88% in the past month, currently resting at $0.6367 - its highest since June.
📈 Current Scenario and Recent Momentum:
Cardano's recent rally is attributed to a wave of positive sentiment and strong technical developments. As of now, ADA stands at $0.6367, marking a substantial increase since June. The current momentum has garnered expectations of a continued surge into the new year.
🔮 ChatGPT's Bullish Forecast:
In line with the optimistic atmosphere, ChatGPT, a powerful Large Language Model developed by OpenAI, predicts a further upward trajectory for Cardano. The chatbot anticipates ADA's price to potentially reach $1.20 by Christmas Day, 2023 - nearly doubling its current value.
💡 Factors Influencing the Prediction:
Several factors could contribute to ADA's potential surge. The growing interest in the crypto market, sparked by recent surges in various cryptocurrencies, including LUNC, Bitcoin, and USTC, has drawn new users. This increased adoption might act as a catalyst for the broader crypto market.
🌐 Positive Market Sentiment:
The overall positive sentiment in the cryptocurrency market is a driving force. Recent stability and calmness in the broader crypto market have benefited Cardano, among other major cryptocurrencies. Investor confidence is gradually returning, potentially fueling ADA's upward trajectory.
💭 Cardano's Future Outlook:
The bold prediction of $1.20 by Christmas Day is ambitious, considering the time frame. However, given the crypto market's history of rapid surges, Cardano's potential to reach this mark remains to be seen.
📊 Stay Tuned for Real-time Updates on Cardano's Journey: Follow The Defidraft!
#cardano #CardanoGPT #crypto #cryptocurrency #crypto2023
🚀Here’s why ChatGPT expects Cardano to hit $10 by the end of 2024
In a deep dive into Cardano's future, ChatGPT has fascinating insights on why ADA might hit $10 by the end of 2024. Here's the breakdown:
🌐 Global Governance Vision by Charles Hoskinson
At the 2023 Summit in Dubai, Charles Hoskinson, Cardano's co-founder, emphasized the need for a global governance system. This system aims to create a legal framework around smart contracts recognized by authorities worldwide. Understanding this vision becomes crucial in navigating the evolving landscape of global cryptocurrency regulations.
🛡️ Cardano's PoS Strength
Founded in 2017 by Charles Hoskinson and Jeremy Wood, Cardano employs a proof-of-stake (PoS) consensus mechanism named Ouroboros. PoS, known for its energy efficiency, contrasts with the traditional proof-of-work (PoW). Cardano's early adoption of PoS positions it as a scalable and eco-friendly player in the blockchain space.
💰 ADA's Market Position and Regulatory Challenges
ADA stands as the eighth-largest cryptocurrency with a market cap of $13 billion. Despite its recent surge, Cardano faced scrutiny from the SEC, raising questions about ADA's classification as a security. Cardano vehemently contested this claim, emphasizing the need for regulation aligned with the blockchain's transparent and fair principles.
📈 Price Projection: $10 by 2024
Considering Cardano's robust technology, global vision, and ongoing developments, ChatGPT foresees ADA reaching $10 by the end of 2024. This projection reflects the platform's resilience in navigating regulatory challenges and its potential to become a prominent player in the evolving crypto landscape.
🚀 Stay Tuned for Crypto Insights: Follow Defidraft for Real-Time Updates!
📈 For the latest crypto projections and market insights, follow The Defidraft. Chart your course in the dynamic world of cryptocurrencies! 🌐
#CardanoGPT #CardanoSurge #crypto #cryptocurrency #crypto2023
In a deep dive into Cardano's future, ChatGPT has fascinating insights on why ADA might hit $10 by the end of 2024. Here's the breakdown:
🌐 Global Governance Vision by Charles Hoskinson
At the 2023 Summit in Dubai, Charles Hoskinson, Cardano's co-founder, emphasized the need for a global governance system. This system aims to create a legal framework around smart contracts recognized by authorities worldwide. Understanding this vision becomes crucial in navigating the evolving landscape of global cryptocurrency regulations.
🛡️ Cardano's PoS Strength
Founded in 2017 by Charles Hoskinson and Jeremy Wood, Cardano employs a proof-of-stake (PoS) consensus mechanism named Ouroboros. PoS, known for its energy efficiency, contrasts with the traditional proof-of-work (PoW). Cardano's early adoption of PoS positions it as a scalable and eco-friendly player in the blockchain space.
💰 ADA's Market Position and Regulatory Challenges
ADA stands as the eighth-largest cryptocurrency with a market cap of $13 billion. Despite its recent surge, Cardano faced scrutiny from the SEC, raising questions about ADA's classification as a security. Cardano vehemently contested this claim, emphasizing the need for regulation aligned with the blockchain's transparent and fair principles.
📈 Price Projection: $10 by 2024
Considering Cardano's robust technology, global vision, and ongoing developments, ChatGPT foresees ADA reaching $10 by the end of 2024. This projection reflects the platform's resilience in navigating regulatory challenges and its potential to become a prominent player in the evolving crypto landscape.
🚀 Stay Tuned for Crypto Insights: Follow Defidraft for Real-Time Updates!
📈 For the latest crypto projections and market insights, follow The Defidraft. Chart your course in the dynamic world of cryptocurrencies! 🌐
#CardanoGPT #CardanoSurge #crypto #cryptocurrency #crypto2023
🚀 Exploring the Future of Cardano (ADA) in 2024: A ChatGPT Perspective
📅 Just In: ChatGPT Shares Insights on Cardano's Potential Explosive Growth
Cardano (ADA), the eighth-largest cryptocurrency by market cap, has been turning heads with its impressive performances this year, showing bullish increases across various timeframes, as per CoinGecko statistics.
📈 Recent Gains:
Compared to the previous month and year, ADA has seen increments of about 30.2% and 21.9%, respectively, sparking discussions about the potential for exponential growth in the long run.
🔮 The 2024 Speculation:
As 2023 winds down, speculation is rife among crypto enthusiasts that 2024 might usher in an explosive spike in Cardano's price. To shed light on this, we turned to ChatGPT, an artificial intelligence chatbot widely recognized for its insights across various fields, including the dynamic crypto sphere.
💭 ChatGPT's Perspective on ADA's Trajectory:
ChatGPT acknowledged the complexity of predicting Cardano's price movement in 2024. However, it highlighted key factors contributing to potential price expansion, including market demand, increased adoption rates, technological advancements, and overall market sentiments.
🚦 Factors That Could Impact ADA's Future:
On the flip side, ChatGPT pointed out potential hindrances, such as a highly competitive landscape, unfavorable regulatory changes, and technological mishaps. These factors, if realized, could erode investor confidence and redirect their attention elsewhere.
🔍 Final Verdict:
While Cardano appears to hold the potential for explosive growth in 2024, ChatGPT emphasized the absence of guarantees in the volatile crypto landscape. The chatbot underscored the importance of thorough research and consultation of diverse insights before making any investment decisions.
📚 Stay Informed, Stay Ahead: Follow The Defidraft for Real-Time Crypto Insights!
#CardanoGPT #CardanoSurge #crypto #cryptocurrency #crypto2023
📅 Just In: ChatGPT Shares Insights on Cardano's Potential Explosive Growth
Cardano (ADA), the eighth-largest cryptocurrency by market cap, has been turning heads with its impressive performances this year, showing bullish increases across various timeframes, as per CoinGecko statistics.
📈 Recent Gains:
Compared to the previous month and year, ADA has seen increments of about 30.2% and 21.9%, respectively, sparking discussions about the potential for exponential growth in the long run.
🔮 The 2024 Speculation:
As 2023 winds down, speculation is rife among crypto enthusiasts that 2024 might usher in an explosive spike in Cardano's price. To shed light on this, we turned to ChatGPT, an artificial intelligence chatbot widely recognized for its insights across various fields, including the dynamic crypto sphere.
💭 ChatGPT's Perspective on ADA's Trajectory:
ChatGPT acknowledged the complexity of predicting Cardano's price movement in 2024. However, it highlighted key factors contributing to potential price expansion, including market demand, increased adoption rates, technological advancements, and overall market sentiments.
🚦 Factors That Could Impact ADA's Future:
On the flip side, ChatGPT pointed out potential hindrances, such as a highly competitive landscape, unfavorable regulatory changes, and technological mishaps. These factors, if realized, could erode investor confidence and redirect their attention elsewhere.
🔍 Final Verdict:
While Cardano appears to hold the potential for explosive growth in 2024, ChatGPT emphasized the absence of guarantees in the volatile crypto landscape. The chatbot underscored the importance of thorough research and consultation of diverse insights before making any investment decisions.
📚 Stay Informed, Stay Ahead: Follow The Defidraft for Real-Time Crypto Insights!
#CardanoGPT #CardanoSurge #crypto #cryptocurrency #crypto2023
🔥 Breaking: Binance Burns 4 Billion Terra Luna Classic (LUNC) Tokens
In a strategic move, Binance, the world's largest crypto exchange, has incinerated nearly 4 billion Terra Luna Classic (LUNC) tokens in its 16th batch of the LUNC burn. The total LUNC burn orchestrated by Binance now surpasses a staggering 43 billion, constituting a remarkable 52% of the overall tokens immolated by the Terra Luna Classic community.
🚀 Key Highlights:
LUNC Burn Milestone: Binance's latest burn operation included 3.90 billion LUNC tokens, executed on December 1. This further propels Binance's commitment to reducing the circulating supply of LUNC following the departure of Changpeng "CZ" Zhao as Binance CEO.
Community Contribution: The 16th batch of the LUNC burn, covering the period from October 31 to November 29, showcases Binance's continuous support for the community's initiative. The collective efforts of the community have led to the impressive milestone of burning nearly 83 billion LUNC tokens.
💡 Insights into LUNC Supply:
November Burn Decline: In the previous month, Binance burned 760 million Terra Luna Classic (LUNC) tokens, marking the lowest burn rate reported. This decline was attributed to FUD, reduced developer activity, and a dip in LUNC trading volumes on the exchange.
Recent Surge: However, a recent surge in trading volumes, fueled by the introduction of a USTC perpetual contract and new USTC trading pairs FDUSD and TRY, has reinvigorated the LUNC burn. Binance's proactive measures are evidently influencing the token's market dynamics.
📈 Market Performance:
LUNC Price Momentum: Despite recent profit booking in the broader crypto market, LUNC witnessed a remarkable 65% surge this week, currently trading at $0.000116.
USTC Price Rally: USTC, another key player in the Terra Luna Classic ecosystem, experienced a remarkable 350% surge this week, presently trading at $0.051.
🔗 For real-time updates on crypto dynamics, follow The Defidraft. Stay informed, stay ahead!
#BinanceCEO #crypto2024 #crypto #cryptocurrency #crypto2023
In a strategic move, Binance, the world's largest crypto exchange, has incinerated nearly 4 billion Terra Luna Classic (LUNC) tokens in its 16th batch of the LUNC burn. The total LUNC burn orchestrated by Binance now surpasses a staggering 43 billion, constituting a remarkable 52% of the overall tokens immolated by the Terra Luna Classic community.
🚀 Key Highlights:
LUNC Burn Milestone: Binance's latest burn operation included 3.90 billion LUNC tokens, executed on December 1. This further propels Binance's commitment to reducing the circulating supply of LUNC following the departure of Changpeng "CZ" Zhao as Binance CEO.
Community Contribution: The 16th batch of the LUNC burn, covering the period from October 31 to November 29, showcases Binance's continuous support for the community's initiative. The collective efforts of the community have led to the impressive milestone of burning nearly 83 billion LUNC tokens.
💡 Insights into LUNC Supply:
November Burn Decline: In the previous month, Binance burned 760 million Terra Luna Classic (LUNC) tokens, marking the lowest burn rate reported. This decline was attributed to FUD, reduced developer activity, and a dip in LUNC trading volumes on the exchange.
Recent Surge: However, a recent surge in trading volumes, fueled by the introduction of a USTC perpetual contract and new USTC trading pairs FDUSD and TRY, has reinvigorated the LUNC burn. Binance's proactive measures are evidently influencing the token's market dynamics.
📈 Market Performance:
LUNC Price Momentum: Despite recent profit booking in the broader crypto market, LUNC witnessed a remarkable 65% surge this week, currently trading at $0.000116.
USTC Price Rally: USTC, another key player in the Terra Luna Classic ecosystem, experienced a remarkable 350% surge this week, presently trading at $0.051.
🔗 For real-time updates on crypto dynamics, follow The Defidraft. Stay informed, stay ahead!
#BinanceCEO #crypto2024 #crypto #cryptocurrency #crypto2023