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#bitcoinhalving Uniswap (UNI) dips 15% on SEC concerns: whales pivot to LUNA and NUGX for growth As the SEC announce­d a Wells Notice in April, #Uniswap’s ($UNI ) price saw a significant 15% decre­ase, leading to a $5.6 billion reduction in marke­t capitalization. This unfavorable event prompte­d influential investors, or “whales,” to shift the­ir focus towards NuggetRush (NUGX) and Terra Luna ($LUNA ), see­king promising growth prospects for their portfolios. These­ altcoins are re­cognized for their consistent e­xpansion and cutting-edge advanceme­nts. NuggetRush stands out among bullish altcoins by me­rging mining minerals and cryptocurrency into an engaging blockchain game. Players e­arn rewards through distinct character NFTs, RUSHGEMS, and an innovative­ staking process. Having sold over 270 million tokens alre­ady, NUGX secures its place among the best DeFi cryptos offering substantial ince­ntives. This article unveils the unique attributes of #NUGX and #LUNC✅ that make them sought-after altcoins by whales amid Uniswap’s decline. #BinanceLaunchpool

#bitcoinhalving

Uniswap (UNI) dips 15% on SEC concerns: whales pivot to LUNA and NUGX for growth

As the SEC announce­d a Wells Notice in April, #Uniswap’s ($UNI ) price saw a significant 15% decre­ase, leading to a $5.6 billion reduction in marke­t capitalization. This unfavorable event prompte­d influential investors, or “whales,” to shift the­ir focus towards NuggetRush (NUGX) and Terra Luna ($LUNA ), see­king promising growth prospects for their portfolios. These­ altcoins are re­cognized for their consistent e­xpansion and cutting-edge advanceme­nts.

NuggetRush stands out among bullish altcoins by me­rging mining minerals and cryptocurrency into an engaging blockchain game. Players e­arn rewards through distinct character NFTs, RUSHGEMS, and an innovative­ staking process. Having sold over 270 million tokens alre­ady, NUGX secures its place among the best DeFi cryptos offering substantial ince­ntives.

This article unveils the unique attributes of #NUGX and #LUNC✅ that make them sought-after altcoins by whales amid Uniswap’s decline.

#BinanceLaunchpool

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Terra Luna Classic Rejects Burn Tax Increase Proposal, $LUNC Price Rises The #TerraLunaClassic community has rejected Proposal 12105 which sought to increase the LUNC burn tax. The Luna Classic Community also opposed the proposal because there was no rationality and proper plan for its implementation. Although the burn tax concept was rejected, conversations about the burn tax are still prevalent in the Terra Luna Classic ecosystem. Proposal 12105 Faces Strong Opposition Proposal 12105, which proposed an increase of the burn tax to 1.5%, was met with a lot of opposition from the community and validators. It was condemned as illogical and a “lazy effort.” ’The critics argued that it was only a text proposal and not a parameter change, which would have been incapable of implementing any changes to the burning tax even if passed. The proposal was just a text proposal, meaning it wouldn’t have altered the burn tax immediately. Even if it had passed, the bill would have required more proposals and discussions. The proposal got only 21.35% votes in favor of it. 32% of voters were against it, and 38% said “No with veto,” meaning that they were against it to the extent that they wanted it vetoed. Some of the criticisms from both validators and community members included an absence of data, missing strategies, and ambiguous volume. All these problems played a role in its failure, and more work should be done in future proposals to prevent such problems. #StartInvestingInCrypto #BinanceLaunchpool #altcoins #Megadrop
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LUNC Price Set for 60% Rally CoinGape reported that TFL and #DoKwon tentatively settled with the U.S. SEC over fraud charges. This agreement follows a jury’s verdict in April, where Kwon and his company were found liable for deceiving investors for nearly $40 billion. U.S. District Judge Jed Rakoff has asked the SEC and the defendants to file papers supporting the settlement by June 12. The SEC seeks #TerraformLabs and Do Kwon to relinquish $5.3 billion for ill-gotten gains from sales of the stablecoin, along with a $420 million fine on the company and a $100 million fine for Kwon. Terra ($LUNA ) price jumped 30% in an hour and currently trading 16% higher at $0.70 in the last 24 hours, supported by a 450% leap in trading volumes in the last 24 hours. #TerraClassic ecosystem tokens LUNC and $USTC prices also witnessed rallies due to the settlement. LUNC price is trading 9% higher at $0.0001240, with a 24-hour high of $0.000131. The trading volume has increased by over 150% in the last 24 hours, indicating massive interest among traders. #LUNC✅ and 1000LUNC futures open interests recorded a 20% jump in the last 24 hours, as per Coinglass data. In fact, open interest on Binance skyrocketed over 23%. This indicates massive buying by derivatives traders. Analyst Javon Marks in a post on X said $LUNC “setting new post-breakout highs in a run that may only be in extremely early stages!” He predicts a 63% move to $0.00021439 as a result of the breakout. #StartInvestingInCrypto
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#ETH🔥🔥🔥🔥 is holding within a narrow range with spikes on news It resembles accumulation, which should soon end with a sharp breakout to the upside. It makes me happy as a $ETH holder. #StartInvestingInCrypto #altcoins #BinanceLaunchpool #Megadrop
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💰 The amount of Bitcoin on #exchanges is falling #investors are not keeping the Bitcoins they receive on exchanges, meaning they are not inclined to sell the Bitcoins they buy immediately. As reserves fall, the tendency to sell decreases, and after a while, there may be a shortage, causing the price to go up. When we examine previous trends, a fall in reserves usually starts the #BullMarkets . An increase in reserves shows us that selling pressure has begun. At the moment, the price seems to be hunting for #liquidity within a range and accumulating. It is gathering strength for the next rise. When it gathers enough strength, a sharp rise seems to be waiting for us. #StartInvestingInCrypto
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