The approval window for spot Bitcoin Exchange-Traded Funds (ETFs) is set to open in less than 20 days, which has the cryptocurrency industry buzzing with anticipation. A thorough list of pending spot ETF files was recently made public by well-known cryptocurrency influencer Crypto Rover, providing insight into the possible applicants who are still seeking Securities and Exchange Commission (SEC) approval.
The Situation with Upcoming Bitcoin ETFs
A tabulated screenshot from Crypto Rover provides interesting information about the applications for pending spot Bitcoin ETFs. Of the thirteen on the list, twelve of them were submitted this year, which indicates that the cryptocurrency industry is becoming more and more interested in getting these investment instruments approved by regulators.
Among the applications filed before 2023, Grayscale Bitcoin Trust is noteworthy since it is a re-file that was filed on October 19, 2021.
The Special Method of Grayscale
One notable feature of the applications that are still pending is Grayscale's most recent submission, which entails transforming its current Grayscale Bitcoin Trust (GBTC).
In contrast to the direct investment strategy that is common in the cryptocurrency field, this calculated move intends to make Bitcoin more available to individual and institutional investors through a traditional investment avenue in the form of shares.
The Regulatory Environment and Timelines
Although there is a window of opportunity for approval, the SEC has not yet established a new deadline for Grayscale's ETF approval, as the last one expired on October 13. The majority of other applications, however, have deadlines that fall during the first quarter of 2024. Pando's application is slated to be reviewed in Q3 2024, but only two applications are extended into the second quarter.
According to Crypto Rover's excellent report, Coinbase is the preferred custodian for the majority of proposed spot Bitcoin ETFs. The landscape of possible ETF offerings has also been further shaped by the fact that eight out of thirteen applicants have chosen the Chicago Board of Exchanges (CBOE) as the designated exchange to fulfill their intended purpose.
Market Prediction
Crypto fans are waiting to see if spot Bitcoin ETFs will be approved as the window for approval is closing. This regulatory approval may indicate a turning point in the market and the start of the next bull cycle. The impending Bitcoin halving event, which is anticipated to take place in the first quarter of 2024, adds to the increased enthusiasm and paves the way for big changes in the cryptocurrency market in the months ahead.
The cryptocurrency community is anticipating the possible approval of spot Bitcoin ETFs and is watching closely to see if this regulatory milestone will significantly alter the sector. With the clock ticking down, all eyes are on the SEC and the decisions
#Roarstock #bitcoin #BitcoinETFUpdate #BitcoinETFLaunch #BitcoinETFApproval
$BTC

(MOVR) Moonriver の価格予測をお探しですか? 暗号通貨は世界的な現象として登場し、世界中で着実に勢いを増しています。Moonriver (MOVR) は、この急速に拡大する市場で目立つデジタル資産として際立っており、設立以来大きな注目を集めています。
今後 10 ～ 15 年間の Moonriver (MOVR) の価格の潜在的な軌道に興味がある場合、常に変化し不安定な暗号通貨市場で MOVR の将来の価値を予測することは困難な作業であることに注意することが重要です。

有名なベンチャーキャピタリストのティム・ドレイパーは、ビットコインについて非常に楽観的な予測を立てました。ドレイパー氏によると、ビットコインは 2024 年に 25 万ドルに達するでしょう。$$
2024年を迎えるまで、あと1か月を切りました。この時点で、今日の執筆時点でビットコインは2022年4月につけた4万ドルの水準を超えています。今後、ビットコインにとって重要なイベントが 2 つあります。 1 つ目は、数兆ドルの資金を管理する企業のビットコイン ETF 申請の承認です。 2 番目のイベントはさらに重要なビットコインの半減期です。ビットコインは4年ごとに半減します。このイベントにより、ビットコインのマイニングがさらに困難になります。この時期、ビットコインは常に強気でした。これらの出来事を考慮して、有名な専門暗号通貨アナリストが2024年のビットコイン価格の予測とコメントを共有しました。以下がその予測です。

Ace coin, the native token of the Fusionist project, which has been in testing phases for a long time, was listed after Binance Launchpool. While users who previously participated in the Testnet earned tokens worth thousands of dollars, users using Binance Launchpool also earned small amounts of Ace. In this article, we will answer questions such as Ace Coin Token review, its future, what will happen today, will it drop. 
Ace Coin Review
The total supply of Ace coins is reported as 147 million units. When we look at Binance and other token analysis data, the initial circulating supply was reported as 21,969,520. This is the most important point for us right now. However, even the fact that the total supply is 147 million indicates that the price will easily remain above 7 dollars.
Situations that will create price pressure here are the sale of those who obtained from launchpool, the sale of those who previously earned Ace tokens from the testnet, and the sale of those who previously earned Ace tokens from the testnet and long ago via OTC 3 4 Those who buy Ace for dollars go on sale. The project, which opened the board above $14, may begin to recover after seeing a certain bottom level during the day. For example, $9 may gain upward momentum again when the bulls attack.
Ace Coin Future
There is a circulating supply of approximately 22 Million tokens. If it experiences serious hype, the price may witness very different increases. Here, the token must affect the usage area and the community. However, if it cannot achieve the necessary hype like the Cyber ​​project, it will only hover between 5 and 10 dollars. This fluctuation continues until the bull.
How to Take ACE
Start Your Registration Here!Complete all KYC verifications.Buy or transfer BNB, USDT, or FDUSD.Search for trading pairs ACE/BTC, ACE/USDT, ACE/BNB, ACE/FDUSD, ACE/TRY.You can start buying and selling.

What Happens to Ace Coin Today?
It is not possible to accurately answer the question "What will happen to the ACE coin today? Will it decrease or increase?" Why is it decreasing? Why is it increasing? However, you can still get an idea thanks to the technical analysis tools in the crypto ecosystem. ACE Technical Analysis Although 100% accurate technical analysis for cryptocurrency is unlikely, this advanced technical analysis tool from TradingView provides real-time analysis for the selected time frame. You can see the aggregate ACE buying-selling degree. Summary for ACE /USDT based on the most popular technical indicators.
Ace (Fusionist) Technical Analysis
Looking at the recent price changes on Fusionist, our price prediction system predicts that Fusionist could be roughly USD 20 as its closing price tomorrow. Based on Fusionist historical price data, we predict that the Fusionist price could be 21 USD by the end of 2024.
Predicting the price of Fusionist over the next 30 days is a difficult task resulting from a combination of historical price movements, fundamental ACE analysis, and Fusionist technical analysis. Fusionist has demonstrated periods of remarkable variability and growth throughout its history. It is very important to consider Fusionist monthly closing prices and ACE monthly price trend when determining next month's price prediction for ACE. After thoroughly studying and following the ACE market trends, we set the ACE price prediction as $7.42 – $20
Ace Expert Reviews
Coin Arbitrage Bot 2024 Ace general comments: Fusionist's price in recent months has shown extreme volatility, which makes Fusionist predictions more difficult in the long term. To predict ACE price for next year under this choppy trend, we need to check a ton of data, including ACE market sentiment, Fusionist news, Fusionist trading volume, and past Fusionist price movements. With the help of our smart prediction system, we can expect an average price of $18.5035.
ACE Price Predictions
We have shared with you Ace Coin's January, February, March, April, May, and June 2024 comments, price predictions, and predictions. The data here is not investment advice.
#Roarstock #ACEfusionist #Ace #acetocken #ACE
$ACE

Shiba Inu (SHIB), previously considered a speculative asset in the volatile cryptocurrency market, experienced a remarkable twenty percent surge over the weekend, marking a noteworthy development in its trajectory.
The unexpected uptick in value has sparked discussions about the potential for #SHIB to reach the $1 milestone plausibly. The recent performance of SHIB, currently valued at a minute $0.0000100, underscores a stark contrast from its earlier loss of nearly 16%, highlighting the dynamic nature of the cryptocurrency.
Despite its enigmatic market position, with a ranking of #4480 on CoinMarketCap and an undisclosed market capitalization, SHIB continues to captivate both market observers and investors.
Analyzing the four-hour time frame chart, the pivot point for SHIB is $0.00001008. Initial resistance for the token is noted at $0.00001048, with subsequent resistance levels at $0.00001098 and $0.00001152.
On the support side, SHIB finds its initial support at $0.00000950, followed by additional support levels at $0.00000896 and $0.00000834, in that sequence. The ongoing intrigue surrounding the price dynamics of Shiba Inu keeps market participants closely monitoring its movements and potential price predictions.

$$sThe current Relative Strength Index (RSI) stands at 47, indicating a negative sentiment as it remains below the midline 50. Moving on to the Moving Average Convergence Divergence (MACD), the value is -0.00000005, with the signal line at 0.00000013, implying a potential downward momentum.
Situated around $0.0000100, the 50-day Exponential Moving Average (EMA) is a crucial reference point. The fact that the current price is above this EMA suggests a potential shift towards a positive trend in the short term.
Noteworthy is the closure of candlesticks above the 50 EMA and the presence of an upward trendline in the chart pattern, providing additional support for a bullish trend. These combined factors strongly indicate a likelihood of an upward movement.
In summary, the overall trend for SHIB appears cautiously optimistic, particularly above the $0.0000100 mark, as mentioned in the conclusion of this analysis.
Looking ahead in the short term, the prediction anticipates that $SHIB may test immediate resistance levels in the coming days. Investors and market participants are advised to monitor these technical indicators for potential developments in Shiba Inu’s price movements.
#Roarstock #ShibaInuSurge #ShibaInuTech #Shibarium #Shibaprice
$SHIB

柴犬（SHIB）は、ミームトークンとして急成長し、暗号通貨の世界を魅了しています。多くの投資家や暗号通貨愛好家は、SHIBの将来の価格と、1ドルという野心的なマイルストーンに到達できるかどうかに興味を持っています。この分析では、SHIBの軌道を決定する可能性のある要因を詳しく調べます。柴犬の現在の市場ポジションShiba Inu (SHIB) は、仮想通貨市場で目覚ましい存在感を示しています。当初は Dogecoin の代替として始まったミームコインとして、SHIB は目新しい存在から脱却し、仮想通貨業界で重要な存在に成長しました。現在の価格は 0.00001007 ドル、時価総額は 59.4 億ドルで、仮想通貨エコシステムで 16 位にランクされており、SHIB は市場で大きな存在感を示し、投資家の関心を集めています。市場動向: 過去 24 時間で、SHIB の価値は約 2.79% 上昇し、取引量は 7.37% 増加して 2 億 8,572 万ドルになりました。これは、トークンの取引が活発で、投資家が関与していることを示しています。

Shiba Inu, according to leading market analysts, holds the potential to reach notable price levels, potentially around 10 cents. This has stirred interest among potential investors keen to determine when this milestone might materialize. To contextualize, a move from SHIB's current price of $0.00000979 to 10 cents signifies a staggering increase of 1,021,350%. Despite the seemingly high percentage, SHIB witnessed an even more substantial surge during the 2021 rally, surpassing its previous all-time low by an astonishing 17,000,000%. This historical context implies that the notion of SHIB reaching $0.1 is not as implausible as it may initially appear.Insights from Talegaon, a well-regarded crypto assets analytics platform, explore ongoing Shiba Inu (SHIB) price discussions. The platform identifies three distinct price targets for SHIB and provides potential timelines for these scenarios. Caution is advised in interpreting these analyses, given the dynamic nature of the cryptocurrency landscape. Talegaon's data offers valuable insights into potential scenarios, providing investors with a foundation for evaluating strategies and expectations regarding Shiba Inu's future price movements.1.$0.1 Price Target by 2040-2050: Talegaon's analysis suggests SHIB could reach the $0.1 mark between 2040 and 2050. Within this timeframe, the platform projects maximum and average prices for 2040 at $0.089 and $0.076, respectively. Looking ahead to 2050, Talegaon predicts maximum and intermediate prices of $1.06 and $0.89, offering a comprehensive view of SHIB's potential trajectory.2.Other Price Targets and Timelines: Beyond the $0.1 target, Talegaon forecasts timelines for SHIB to reach other specific price targets, including $0.001 and $0.01. These additional insights contribute to a nuanced understanding of SHIB's potential growth in the coming years.Shiba Inu's Long-Term Viability: Navigating the Path to RelevanceAs discussions persist regarding the prospect of SHIB reaching $0.1, a critical question emerges: Can Shiba Inu withstand challenges and remain relevant well into the 2040s and 2050s? Launched in 2020, Shiba Inu is still in its cryptocurrency infancy, requiring strategic evolution and adaptability to thrive amid the growing number of cryptocurrencies. To endure and prosper over decades, enhancing real-world applications is imperative, surpassing its current status and actively improving functionality to offer tangible value. By doing so, SHIB can attract a broader user base, accelerating its adoption rate and elevating its relevance.In the dynamic cryptocurrency landscape, longevity is often tied to real-world utility and adaptability. Shiba Inu's ability to navigate this journey of development and application will undoubtedly shape its trajectory in the years to come.Disclaimer:This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. The responsibility for all buying, selling, and crypto asset investment activities lies with the reader.#Roarstock #Shibaprice #ShibaInuSurge #shibaburn #ShibaInuAI $SHIB

現在の市場の回復の中で、Shiba Inu (SHIB) の保有者は、資産が 0.0001 ドル、0.0005 ドル、0.0009 ドルの予測で変動する中、潜在的なリターンを注意深く監視しています。投資家や市場観測者は、柴犬の爆発的な上昇が再び起こると予想し、これらの価格目標を分析し続けています。この記事では、これらの価格が実現した場合の 1 億 SHIB 投資の潜在的収益を評価します。記事執筆時点では、Shiba Inu は 0.00001030 ドルで取引されています。このレートでは、1 億トークンを取得するには 1,030 ドルかかります。現在の価格は 1,000 ドルをわずかに上回っていますが、SHIB の価格が上昇すれば、これらのトークンの価値はさらに高くなる可能性があります。

The Shiba Inu team confirmed on Monday that the Shibarium layer-2 network will begin burning SHIB tokens from January 2024. Read here to learn more details about how many SHIB tokens will be burned by Shibarium every year for a better and more in-depth understanding.

According to the latest blog, 70% of the transaction fees initiated on Shibarium will be used to burn SHIB tokens. The rest 30% of the funds will be used to maintain the network helping it to run smoothly and efficiently.

Shibarium will collect fees in the governance Bone token, which is used as gas to conduct transactions on the network. Bone tokens will then be converted into SHIB automatically after they reach a threshold of $25,000 in value. After the conversion is completed, Shibarium will burn SHIB tokens and permanently remove them from circulation.

However, now that Shibarium is confirmed to burn SHIB tokens, is there a possibility for Shiba Inu to reach $1? In this article, we will highlight how many years it could take for Shiba Inu to hit the $1 mark through burns from Shibarium.

Shiba Inu: How Long For SHIB To Reach $1?

If everything goes right and assume that Shibarium burns 3 trillion tokens every year, it would still not make SHIB reach $1 in our lifetime. The dynamics here come into play differently as the supply would remain plenty with demand being scarce.

For the context, Shiba Inu has 589 trillion tokens in circulation and hardly just 1.3 million holders. The adoption is not catching up with the circulation making its price either dip or remain constant.

In conclusion, even if Shibarium burns 3 trillion SHIB tokens every year, it would take 98 years for Shiba Inu to reach $1. That’s simply not possible in our lifetime. However, if Shibarium manages to burn more than 100 trillion tokens per year, only then could Shiba Inu have any chance of hitting $1 before our lifetime.
#Roarstock
#SHIBFuture  #SHIBSurge

Introduction:Bitcoin, the pioneering cryptocurrency, has been a subject of fascination and speculation since its inception. With its price fluctuations capturing the attention of investors and enthusiasts alike, the question on many minds is: Can Bitcoin reach $100,000? In this blog, we'll delve into the factors that could influence Bitcoin's price and examine the arguments for and against its potential surge to $100,000.Market Trends and Historical Performance:Bitcoin's history is marked by notable price rallies and corrections. Analyzing past trends can provide insights into potential future movements. Historical data suggests that Bitcoin has experienced significant price increases, but it's essential to consider the dynamic nature of the cryptocurrency market.Factors Influencing Bitcoin's Price:Market Demand and Adoption: Increased demand often leads to higher prices. If Bitcoin continues to gain mainstream acceptance and adoption, it could attract more investors, potentially driving up its value.Institutional Participation: The involvement of institutional investors and major companies can have a substantial impact on Bitcoin's price. Institutional interest has grown over recent years, with notable investments and endorsements.Regulatory Developments: Regulatory decisions and frameworks can significantly affect the cryptocurrency market. Clarity and acceptance by regulatory bodies may boost confidence among investors, potentially leading to a positive price trajectory.Technological Developments: Advances in blockchain technology, scalability solutions, and improvements to the Bitcoin network can contribute to its long-term viability and may positively influence its price.Arguments in Favor of $100,000:Limited Supply: Bitcoin's capped supply of 21 million coins creates scarcity, often considered a fundamental factor supporting long-term value appreciation.Inflation Hedge: With concerns about inflation and economic uncertainty, Bitcoin is increasingly seen as a hedge against traditional financial market risks, attracting investors seeking a store of value.Growing Acceptance: The increasing acceptance of Bitcoin as a legitimate asset class and its integration into traditional financial systems could drive higher valuations.Counterarguments and Risks:Volatility: Bitcoin's price volatility remains a significant concern. Rapid price swings can lead to both substantial gains and losses, making it a high-risk investment.Regulatory Uncertainty: Evolving regulations could impact the market. Uncertainty regarding how governments will approach and regulate cryptocurrencies poses a risk to their widespread adoption.Conclusion:While predicting Bitcoin's future price with certainty is challenging, it's clear that multiple factors contribute to its valuation. The journey to $100,000 depends on a complex interplay of market dynamics, regulatory developments, and broader economic trends. Investors should approach cryptocurrency investments with careful consideration, understanding the inherent risks associated with this dynamic and evolving market.Disclaimer: This blog is for informational purposes only and does not constitute financial advice. Always conduct thorough research and consult with financial professionals before making investment decisions.#Roarstock #BTC #BTCto100K #BinanceSquare #bitcoin $BTC

COIN reached its highest level since April 2022 on Monday and remains at 19-month highs.
Cathie Wood's investment management firm ARK Invest has made its third sale of Coinbase (COIN) stock this week, dropping 37,377 shares worth almost $4.7 million at Thursday's closing price.
Along with sales on Nov. 27 and Nov. 29, ARK has sold around $15 million worth of COIN shares this week from its Next Generation Internet ETF (ARKW).
The crypto exchange's Nasdaq-listed shares reached their highest level since April 2022 at the start of the week, touching $119.77 on Monday. They fell 2.43% on Thursday to close at $124.72, but nonetheless remain at 19-month highs.

#Roarstock
#CoinbaseStock
#ARKInvestSellOff
#CryptoMarketMoves
#InvestmentInsights

In a noteworthy maneuver, MicroStrategy, a distinguished enterprise intelligence entity, has expeditiously procured an additional 16,130 Bitcoin (BTC) for an approximate sum of $593.3 million. The mean valuation per BTC in this transaction registered at $36,785, underscoring MicroStrategy's sustained dedication to fortifying its cryptocurrency reservoir.
This recent acquisition supplements MicroStrategy's already substantial Bitcoin treasury, elevating their total BTC possession to 174,530. The cumulated valuation of these assets is estimated at $5.28 billion, with an average procurement expense of $30,252 per BTC.
MicroStrategy's strategic methodology in cryptocurrency investment has established the corporation as a noteworthy participant in the progressing panorama of digital assets. The determination to augment their Bitcoin holdings accentuates an enduring confidence in the potential of cryptocurrencies as a reservoir of value.
The celerity of this latest procurement accentuates MicroStrategy's nimbleness in responding to market openings. As the cryptocurrency market undergoes continual undulations, MicroStrategy's anticipatory strategy in obtaining additional BTC illustrates a dedication to harnessing strategic prospects.
This maneuver aligns with MicroStrategy's broader vision of diversifying its asset assortment and solidifying a robust stance in the swiftly advancing digital economy. The company's anticipatory posture in amassing Bitcoin as a treasury reserve asset has attracted notice within financial and cryptocurrency circles.
MicroStrategy's meticulous strategy in cryptocurrency acquisition encompasses a thorough assessment of market dynamics, ensuring optimal ingress points for expanding their BTC holdings. The company's consistent communication concerning these procurements mirrors transparency and an allegiance to keeping stakeholders up-to-date.
As the dynamics of the cryptocurrency market metamorphose, MicroStrategy's strategic Bitcoin acquisitions persist in sculpting the discourse surrounding institutional involvement in digital assets. The substantial augmentation in their BTC holdings further cements MicroStrategy's standing as a pivotal player in the intersection of conventional finance and the burgeoning cryptocurrency realm.
This acquisition not only bolsters MicroStrategy's conviction in the intrinsic value of Bitcoin but also stands as a testament to the company's anticipatory posture in navigating the ever-shifting terrain of digital assets. As the global spotlight remains fixed on the cryptocurrency market, MicroStrategy's strategic maneuvers are poised to influence industry trends and perceptions concerning institutional participation in cryptocurrencies.
#Roarstock #CryptoStrategiesDecoded #DigitalAssetBoost #MicroStrategyMoves #BitcoinFortification

A U.S. court has decided that Jump Crypto, identified as a "third party" in the SEC's ongoing case against Terraform Labs, is permitted to confidentially submit specific information to the court, as outlined in a November 28 order.
In February, the SEC filed a lawsuit against Terraform Labs and its founder and former CEO, Do Kwon, alleging the sale of unregistered securities and involvement in fraud that raised billions of dollars. The associated stablecoin, TerraUSD (UST), drastically lost its value in May 2022, and it is now valued at just $0.04 under the ticker USTC.
Judge Jed S. Rakoff clarified that the court has the authority, at its discretion, to make these filings public in the future. If this occurs, Jump Crypto's legal team will be notified, giving them the opportunity to raise objections.
While Jump Crypto is not a defendant in the Terraform Labs case, the SEC believes that Jump played a role in the collapse of the UST stablecoin. According to an October letter from Terraform Labs' defense, the SEC alleges that Jump Crypto was involved in a scheme to artificially boost the price of UST by purchasing substantial amounts of the unstable stablecoin when it deviated from dollar parity in May 2021. Terraform Labs denies these allegations, asserting that Jump Crypto's trading activities did not lead to UST's recovery in 2021 and that the decline in May 2022 resulted from deliberate attempts to short UST. They claim to have intervened publicly to counteract these actions.
#Roarstock #CryptoLegalities #TerraformLabsSEC #JumpCryptoCase #StablecoinSaga
$USTC $LUNC $LUNA

The blockchain community is abuzz with the long-awaited introduction of the JTO governance token by the Jito Foundation. This significant development represents a crucial turning point for Jito, granting community members direct influence over decisions within the Jito Network.
A Milestone in Evolution
Jito's remarkable growth in the Solana ecosystem has been extraordinary. The JitoSOL token stands out as the largest and fastest-growing Liquid Staking Token (LST) on Solana, with an impressive Total Value Locked (TVL) of 6.8 million SOL. The Jito MEV network of validators, utilizing the Jito-Solana client, holds a substantial 41% stake weight (163 million SOL TVL) within the network.
Acknowledging the influential role played by the Jito Network in the ecosystem, the formalization of governance in the hands of its diverse community is a strategic move towards decentralized decision-making.
JTO Token: Empowering the Community
The launch of the JTO token marks a monumental shift, empowering token holders to shape the future direction of the Jito Network. These decisions encompass a broad range of aspects:
Establishing fees for JitoSOL stake poolsDirecting delegation strategies and parameters for StakeNet programsSupervising the JTO token treasury and fees generated from JitoSOLContributing to ongoing improvements of Jito's protocols and products
Empowering the foundation, the Jito Foundation plays a central role in organizing and refining community decisions. Aligned with the Jito Network's mission, it focuses on boosting the staking economy through JitoSOL and associated products, simultaneously working towards advancing the Solana network.
The foundation's structure enhances the strength of the Jito Network, smoothly shifting governance decisions from DAO mechanisms to off-chain infrastructures and strategic partnerships. This transformation strengthens the network's scalability and flexibility, facilitating its ongoing evolution.

Governance Structure
The Foundation's governance is supported by a sturdy framework that includes a Constitution, Bylaws, Articles of Association, and Memorandum of Association. Guided by two independent Directors, Matt Shaw and Glenn Kennedy, and overseen by an independent Supervisor from FFP Corporate Services, this structure is crafted to ensure transparency and accountability.
Token Allocation Clarified
The JTO token features a total supply of 1 billion tokens, allocated across various categories:

Community Expansion (34.3%): Dedicated to nurturing the growth of the Jito community, a retrospective airdrop of 10% recognizes and encourages contributions from community members who played a role in bootstrapping the network.Ecosystem Enhancement (25%): Geared towards strengthening communities and contributors propelling the growth of the liquid staking protocol on Solana and related network advancements.Investor Rewards (16.2%): Allocated to prominent supporters and investors within the Solana community, with a lock-up period extending over three years and a one-year cliff.Key Contributors (24.5%): Reserved for Jito's founders, employees, and early contributors to the ecosystem, with vesting and unlocking occurring over three years, mirroring a similar one-year cliff.
The Airdrop: Acknowledging Community Contributions
A noteworthy aspect of this announcement is the airdrop orchestrated by the Cayman Foundation, comprising 90 million JTO tokens for immediate distribution and an additional 10 million unlocking over the next year. Eligibility for this airdrop was based on users' contributions to Jito Network's development and growth, encompassing long-standing JitoSOL holders, users interacting with JitoSOL on various DeFi protocols, Solana validators operating the Jito-Solana MEV client, and active participants utilizing Jito Network's MEV products.
The eligibility snapshot was taken on November 25th, 2023, concluding the previously announced points program.
The Path Ahead
The dynamic evolution of Jito's governance and community empowerment through the JTO token signals an exciting chapter for the network. As the roadmap unfolds, the Jito Foundation, alongside the vibrant community, is set to navigate a course aligned with the network's ethos, solidifying its position within the Solana ecosystem.
#Roarstock #JitoGovernance #JTOtoken #SolanaBlockchain #CryptoCommunity
Source: https://bit.ly/46CAeap
$SOL

The recent rise in the value of LUNC and USTC, tokens on the Terra Classic blockchain, is linked to efforts by the Terra Classic community to recover from the collapse of the original Terra blockchain in May 2022. The primary focus has been on restoring the peg of the stablecoin USTC to the US dollar.
LUNC, Terra Classic's native token, plays a crucial role in absorbing USTC price fluctuations and participating in network governance. USTC, the algorithmic stablecoin, aims to maintain a 1:1 peg to the US dollar by adjusting its token supply through minting and burning. However, the collapse in May 2022 led to USTC losing its peg, causing a significant drop in LUNC's value.
In response to this crisis, the Terra Classic community has been actively working to recover and enhance the value of its tokens. A key initiative involves reestablishing the USTC peg to the US dollar at the code, consensus, and guideline levels. The community approved the proposal named "Ziggy: Re-Peg UST (Signal)" in October 2022. This proposal also included a substantial increase in the Tobin tax to 100%, effectively halting the minting and redeeming of USTC. The purpose of this move is to prevent further dilution of USTC and prepare for the process of reducing it to $1.

The process of repegging USTC to $1 is being led by two developer teams: the Joint L1 Task Force and the RedlinerDrifter-led Quant team. This strategic move is expected to have a positive impact on the LUNC price, bringing it closer to the community's target of $1. The repegging involves various steps, including resetting the oracle price feed, adjusting the seigniorage pool, and burning excess USTC supply. The recent rise in USTC price can be attributed to the burning process, which reduces supply and increases demand for the stablecoin. This burning of USTC also benefits LUNC holders by boosting the value of their collateral and governance power.
Beyond the technical aspects, the positive sentiment and confidence within the Terra Classic community are contributing factors to the upward trend in LUNC and USTC prices. The community has displayed robust support and enthusiasm for revitalizing the Terra Classic ecosystem. Active participation in governance and development, coupled with the celebration of successful proposals like the v2.3.0 upgrade featuring the dynamic validator commission module, reflects the community's commitment to improving network functionality and security.
Anticipation for upcoming projects and applications on the Terra Classic blockchain, such as the Terra Classic Swap—a decentralized exchange enabling users to trade LUNC and USTC with other cryptocurrencies—further fuels positive sentiment. The collective efforts and engagement of the Terra Classic community are playing a vital role in the resurgence of the ecosystem.

In summary, the upward trajectory of LUNC and USTC prices can be attributed to the ongoing initiatives aimed at re-pegging USTC to $1, the strategic burning of USTC supply, and the prevailing positive sentiment and confidence within the Terra Classic community. These concerted efforts reflect a commitment to the recovery and revitalization of the Terra Classic ecosystem, signaling optimism for the ecosystem to reclaim its previous levels of success and value in the coming times.
#TerraClassicRevival #USTCRepeg #LUNCPriceSurge #CommunityConfidence #CryptoRecoveryJourney
$LUNC $USTC $LUNA