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Terra Classic v3.0.1 Upgrade To Trigger Temporary Chain Halt, LUNC Price Reacts !! #StartInvestingInCrypto #Megadrop #altcoins #BinanceLaunchpool #BlackRock The Terra Luna Classic community is set to implement the much-anticipated v3.0.1 upgrade, with the process expected to begin in a couple of hours. Notably, this upgrade follows a unanimous decision by the Terra Luna Classic community, which saw the v3.0.1 software upgrade proposal receive an overwhelming 99.9% approval from both community members and validators. The proposal, put forward by the Terra Luna Classic Layer 1 development team, Genuine Labs, includes significant updates such as sdk 47 and other major enhancements to the blockchain. As the community gears up for this pivotal upgrade, the LUNC price has, however, remained down in the past 24 hours as it dipped 2.95% to $0.0001163 as per CoinMarketCap data. Analysts consider this unusual as the news of the anticipated new development ought to trigger a positive price reaction. Binance’s Role in LUNC Recovery Meanwhile, with the news of the settlement between the United States Securities and Exchange Commission (SEC), Terraform Labs, and Do Kwon, market watchers had observed positive sentiments on Terra ecosystem tokens. As per Coingape’s report, there were forecasts of LUNC having setting its sight on the $1 price mark given the positive sentiments of the SEC settlement news. The v3.0.1 upgrade protocol will require validators to replace the old binary with the new one. The aim is to enhance the Terra network as per performance and operations. Terra Luna Classic’s path to price recovery recently saw Binance, the world’s largest crypto exchange, burn a massive 1.35 billion tokens as part of its internal LUNC mechanism to support the community. According to data, the total burn by Binance till date is over 60 billion, a notable 52% of the Terra Luna Classic Community.

Terra Classic v3.0.1 Upgrade To Trigger Temporary Chain Halt, LUNC Price Reacts !!

#StartInvestingInCrypto #Megadrop #altcoins #BinanceLaunchpool #BlackRock The Terra Luna Classic community is set to implement the much-anticipated v3.0.1 upgrade, with the process expected to begin in a couple of hours.

Notably, this upgrade follows a unanimous decision by the Terra Luna Classic community, which saw the v3.0.1 software upgrade proposal receive an overwhelming 99.9% approval from both community members and validators. The proposal, put forward by the Terra Luna Classic Layer 1 development team, Genuine Labs, includes significant updates such as sdk 47 and other major enhancements to the blockchain.

As the community gears up for this pivotal upgrade, the LUNC price has, however, remained down in the past 24 hours as it dipped 2.95% to $0.0001163 as per CoinMarketCap data. Analysts consider this unusual as the news of the anticipated new development ought to trigger a positive price reaction.

Binance’s Role in LUNC Recovery

Meanwhile, with the news of the settlement between the United States Securities and Exchange Commission (SEC), Terraform Labs, and Do Kwon, market watchers had observed positive sentiments on Terra ecosystem tokens.

As per Coingape’s report, there were forecasts of LUNC having setting its sight on the $1 price mark given the positive sentiments of the SEC settlement news. The v3.0.1 upgrade protocol will require validators to replace the old binary with the new one. The aim is to enhance the Terra network as per performance and operations.

Terra Luna Classic’s path to price recovery recently saw Binance, the world’s largest crypto exchange, burn a massive 1.35 billion tokens as part of its internal LUNC mechanism to support the community. According to data, the total burn by Binance till date is over 60 billion, a notable 52% of the Terra Luna Classic Community.

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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.
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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.
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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.
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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.
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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.
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