Terra Classic price prediction:
LUNC is experiencing a significant surge driven by SEC settlement news, increased open interest, and positive technical indicators, indicating potential gains. As at the time of writing, $LUNC sells for $0.00012 region
Thus, LUNC has recently shown a significant surge in the cryptocurrency market. The LUNC price is currently at $0.0001217, reflecting an 9.34% increase over the past day. It hovered above $0.00012 on Friday, indicating a strong upward trend and renewed investor confidence.
Terra Classic Price Forecast: Market Optimism Drives Surge
The market capitalization of Terra Classic stands at $699.65 million, marking an 8% rise. Its 24-hour trading volume has surged by 273.87%, reaching $128.13 million, positioning LUNC at #66 in terms of volume. The volume-to-market cap ratio is 18% while the circulating supply holds at 5.79 trillion, with a total supply of 6.97 trillion.

Over the past week, LUNC price has been trading upward, with an 8% surge driven by increasing market optimism and renewed investor interest. Additionally, in the past month, this token experienced a steady rise of 15%, trading in a range of $0.0001 to $0.00012, reflecting a positive market sentiment.
SEC Settlement Sparks Interest in Terra Ecosystem Tokens
The Terra Classic tokens experienced a notable price surge following a tentative settlement between Terraform Labs (TFL), Do Kwon, and the U.S. Securities and Exchange Commission (SEC). This development comes after a jury found Kwon and his company guilty of deceiving investors of nearly $40 billion.
The agreement with the SEC has sparked significant interest in Terra ecosystem tokens. According to Coinglass data, the futures open interests for LUNC and 1000LUNC have jumped by 15% in the last 24 hours. This spike includes a 20% increase in open interest on Binance, indicating substantial buying activity by derivatives traders.
Technical Indicators Signal Bullish Momentum
As bullish sentiment gains momentum, Terra Classic (LUNC) could surpass the $0.00013 mark, signaling a renewed upward trend. This positive market shift might push the Terra Classic price toward breaching the resistance at $0.0002, aiming for $0.0005 in the next bullish cycle.
However, if market skepticism dominates, LUNC may retreat to the $0.00012 support level. A prolonged negative trend could see further declines to $0.00011, increasing the likelihood of selling pressure.
This crossover is supported by increasing histogram bars, further indicating potential upward momentum. The Relative Strength Index (RSI) is currently at 61, suggesting that LUNC is moving toward the overbought territory.

The Awesome Oscillator (AO) is presently at 0.00000850, suggesting a slight bullish momentum. The Chaikin Money Flow (CMF) stands at 0.01, indicating a marginal capital inflow into the asset, which might hint at a potential bullish trend if sustained
📍 Remember, cryptocurrency can prediction may not be always correct 💯 because a lot of fundamentals can alter the price movement even within few minutes.
So invest wisely and always do your own research
#Binance #Crypto_Angel

Former White House communications director and venture investor Anthony Scaramucci recently came out and said, “Sam Bankman-Fried really hurt the industry.”

Sam Bankman-Fried’s FTX once used to be the second biggest cryptocurrency exchange by market capitalization.

The exchange wasn’t only marketed by multiple A-list celebrities – including basketball player Shaq O’Neal, but the larger community also trusted it as being one of the best exchanges to offer a derivatives trading facility.But the appreciation does not end there.

Many considered Sam Bankman-Fried himself as one of the good samaritans of the crypto space. His approach, named “effective altruism,” was lauded by many in the industry.However, that appreciation turned into an insult after it came to light that most of FTX’s capital was being fuelled by the native token – FTT. And when it became apparent that the company was misusing users’ assets, the crypto winter that started in the middle of last year was prolonged once again .

One of the main reasons that Sam Bankman Fried got as much traction as he did was because of his approach to rallying people for crypto. In the mid-term elections last year, it was reported that he donated over $40 million to politicians.Sam’s influence in America’s political sector was not limited to donations. Gary Gensler, the SEC Chief who has now become one of the biggest skeptics of crypto – roadblocking any chance of the crypto economy to thrive – was once a friend of the now-jailed FTX CEO.

So, when the FTX situation happened in 2022, these meetings proved to be embarrassing.Citing these incidents, Anthony Scaramucci says, “He embarrassed the politicians; he gave a lot of money to them”.

These statements came from the recent Collision 2023 conference event in Toronto.Scaramucci continued that these misdeeds have created a situation that “now the pendulum has swung too far to over-regulation in this ridiculous procesutorial oversight.

”Over-Regulating Has Been SEC’s Approach So FarThe crypto community learned from the unsealed Hinman documents that SEC’s stance regarding crypto was far different than it is now. While there was some regulatory skepticism, the organization was open to new ideas.

However, the arrival of crypto winter in the middle of 2022, led by the fall of LUNA, and the further exacerbation of the situation by the FTX’s downfall led many regulatory authorities up in arms against the current crypto economy.SEC, the Securities and Exchange Commission, seems to be leading the charge in this situation. Recently, it marked over 60 cryptocurrencies, including Solana, Polygon, and Matic, as securities. That move resulted in many exchanges and trading firms, such as Revolt, dropping support for these assets.

It has also taken a tough stance against Binance and Coinbase, which could have larger long-term implications.This overcorrection to cover up the mistakes of the past has irked many crypto enthusiasts and some regulatory institutions. All the comments on the tweets by SEC – whether or not they are related to crypto – are facing backlash from the crypto community.

In its most recent tweet, SEC said that it is charging Oregon residents Robert D Christensen and Anthony M. Matic for conducting a multi-year Ponzi-like scene and misleading investors.

#Crypto_Angel

Hey everyone, let's have a look at some crypto narratives that did very well this recent weeks and see what they could do at present and shortly. Let's dive in!▶️ DePIN: It stands for Decentralized Physical Infrastructure Networks which refers to the application of blockchain technology and decentralization principles to physical infrastructure and systems. A very good example of a DePin project is Filecoin ($FIL )Filecoin is an open-source, public cryptocurrency and digital payment system intended to be a blockchain-based cooperative digital storage and data retrieval method. Filecoin uses a proof-of-replication and proof-of-spacetime mechanism.It ensures data integrity and availability through its unique consensus algorithm.Currently trading at $7.4, the $FIL token has surged over 35% in the last 7days.🪙 Real World Assets (RWA)Real World Assets are digital tokens representing physical and traditional financial assets, such as currencies, commodities, equities, bonds, and real estate.Real-world asset tokenization creates virtual investment vehicles linked to tangible assets like real estate, art, and precious metals. It also offers advantages such as lower costs, increased liquidity, and faster settlement times.📍 Landshare ($LAND) is one of the best RWA projects.Landshare turns real-world properties into asset-backed, yield-bearing, and fully tradeable Asset Tokens on the Binance Smart Chain. It sold out three real estate properties in 2023 Q4.The Landshare ecosystem offers up to 15% APR in $LAND staking and 64% APR on LAND-BNB LP Staking, making it a great way to earn passive income simply by holding the tokens.Unlike stablecoins, the Landshare platform provides its own RWA Token ($LSRWA) pegged with the real estate properties listed on Landshare DApp in a 1:1 ratio. This makes the RWA token secure then $USDT, and $BUSD like stablecoins. The pre-sale of ($LSRWA) is wiped out in a day, and the main sale is live, showing a high project acceptance.Landshare is providing real utility across the Defi space. The native utility token $LAND surged 240% in the past three months. Unlike other RWA projects, Landshare is the only one whose RWA token is live and sold out during the pre-sale.$LAND has a market cap of $6.5m and a 3.9m total supply, making it a highly undervalued hidden gem in the tokenization space.Currently trading at $1.8 soaring over 10% in the last 24 hours. The token has surged over 30% in the past 7 days demonstrating resilience and consistent growth. The increase in the $LAND token price reflects investor confidence in the platform's long-term vision. As the token prepares for listing on centralized exchanges (CEXs), broader accessibility and increased liquidity are expected to propel its value further.NodesMorpheus.Network ($MNW) is a software solution to enhance supply chains by integrating legacy and emerging technologies. It provides supply chain managers with a digital footprint to enhance shipment and item visibility and automate supply chains to save time and resources. Dive into the world of $MNW, a trailblazing cryptocurrency that's not just another coin in the digital realm but a powerhouse of innovation and collaboration! Imagine a project where Google and Microsoft aren't competitors but collaborators, working alongside giants like Gulftainer, Coke, and FCL to revolutionize the supply chain industry. For years, $MNW has been at the forefront of adoption, solving real-world problems with a finesse that only a team led by a UN supply chain expert could offer. The ultra-solid team of experts has crafted a supply chain product so robust it's listed on SAP, marking a milestone in technological integration. And the cherry on top? A staggering 18% APY on nodes, making $MNW not just a solution to global supply chain challenges but a lucrative opportunity for investors.Currently $MNW token trades at $1.2 following a 20% increase in the past month.Their multi-award-winning supply chain middleware platform leverages transformational digital technologies such as ML/AI, IoT, and Blockchain. It has over 150 integrations with leading companies, including SAP, DHL, Fedex, Cargowise, Telefonica, Marsh, Swift, and more!CONCLUSION:The afformentioned DePIN, RWA and NODE are great Blockchain technology projects which offer lots of solutions and serves as both active and passive income generation. Unlike stablecoins, the Landshare platform provides its own RWA Token ($LSRWA) pegged with the real estate properties listed on Landshare DApp in a 1:1 ratio.While Landshare($LAND) is providing real utility across the Defi space, $MNW provides supply chain managers with a digital footprint to enhance shipment and item visibility and automate supply chains to save time and resources. Disclaimer: Not a financial advise. cryptocurrency is highly volatile, so invest wisely.#Crypto_Angel #Binance