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#Write2Earn #BTC 💫 Revolut Banking services provider To Roll Out #CryptoExchange 🚀 Revolut is set to debut a new “invite-only” crypto #exchange , according to a February 16 report. #TrendingTopic @wisegbevecryptonews9

#Write2Earn #BTC

💫 Revolut Banking services provider To Roll Out #CryptoExchange 🚀

Revolut is set to debut a new “invite-only” crypto #exchange , according to a February 16 report.

#TrendingTopic

@WISE CRYPTO NEWS

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LUNC & #USTC Open Interest Soars Over 20%, #TerraLunaClassic Price Set For 60% Rally Terra ecosystem tokens saw prices rallying in double digits after Terraform Labs and co-founder #DoKwon reached a settlement in principle with the U.S. Securities and Exchange Commission (SEC). #LUNC✅ and $USTC prices skyrocketed 15% within hours, but pared some gains to settle at 9% higher in the last 24 hours. Analysts believe $LUNC price can again hit the $0.0002 level, making a further rally of more than 60% from current prices. Meanwhile, the token’s weekly charts already showcase a 7% upswing. #StartInvestingInCrypto
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Why is the LUNC Price Going Up? Investors have been accumulating LUNC over the past two months in anticipation of the upcoming token burn periodically carried out by Binance. Historically, crypto burns have been bullish catalysts in the crypto market. Investors are optimistic that the upcoming burn event will positively impact LUNC’s price, reflecting this sentiment. LUNC on-chain burns have been steadily increasing, with a popular Supply Change Tracker bot indicating that an average of 178 million #LUNC✅ tokens are burned daily. The total remaining supply of LUNC stands at 6,793,288,228,623. The #LUNCcommunity is eagerly anticipating the Binance burn, expecting it to significantly reduce the token supply Bottom Line As the $LUNC supply dwindles, the value continues to stabilize, further proving to #DoKwon and the overall crypto industry that a united community is the greatest strength any crypto project could have. All eyes are on the #TerraLunaClassic price to see how it performs post-burn. #StartInvestingInCrypto
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LUNC Price: #TerraClassic Eyes 26% Gains On Binance Periodic Token Burn Event Over the past two months, the $LUNC price has gradually increased in anticipation of the upcoming LUNC burn by Binance, which is set to occur in two days. Today, #TerraLunaClassic (LUNC) is trading at $0.00011, reflecting a 3.5% decrease in the last 24 hours and a 1% decrease over the past week. LUNC Price Analysis: Bullish Setup May Trigger a 26% Upside in the Short Term The #LUNC✅ price rebounded after a reversal following the March general market rally. Since April 15, the asset has been forming an ascending triangle chart pattern, considered bullish with a 63% probability of breaking to the upside and a 37% chance of breaking downward. The 200-day moving average is slightly above the current LUNC price, offering some resistance but not enough to push it down significantly. Terra Luna Classic’s price could quickly overcome this resistance with positive news. If the price breaks upward from the ascending triangle pattern, LUNC could see a 26% increase, reaching $0.000151. In an inverse scenario, the LUNC price may find support around $0.00009, a level it tested twice in the past six months. The Moving Average Convergence Divergence (MACD) indicator is trending upward and is nearing neutral mark. Additionally, both the LUNC price action and the MACD are moving in the same upward direction, indicating an overall bullish market sentiment for Terra Luna Classic. This upward trend in the #MACD suggests strengthening bullish momentum, reinforcing the possibility of a positive price movement. If the LUNC price breaks above its current resistance levels, it could trigger a significant rally. However, if the price fails to hold, it might find stability at the $0.00009 support level, potentially setting the stage for future upward movements #StartInvestingInCrypto
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Terra Luna Classic Community Rejects Proposal to Raise Burn Tax to 1.5% An initiative to raise the burn tax to 1.5 percent was shot down by the #TerraLunaClassic community. Regular suggestions to change the burn tax, particularly to raise its amount, have been met with community members’ dissatisfaction. Members of the Terra Luna Classic ($LUNC ) community have spoken out against proposal 12105, titled “Increase burn tax,” calling it illogical and an example of “lazy effort.” As a result, the proposal has been rejected. Major Rejection by Community Since this is just a text proposal and not parameter change, its passage would have no effect on the tax. It is necessary to submit a fresh proposal on #Commonwealth with an engaging synopsis and discussion period. Only 21.35 percent of voters approved the plan. The narrative for modifying the burn tax was rejected by 32% of the Terra Luna Classic community and 38% with veto votes. Since the plan lacks volume predictions, statistics to back up the tax hike, and complementary methods, validators also voted against it. The community has decided to switch the #LUNC✅ burn tax distribution from rewards to an oracle pool. With the assistance of 37 validators, the proposal has garnered 70% support. The burn tax in #TerraClassic is 0.5%. The remaining 20% will be split evenly between the Community Pool and the Oracle (NYSE:ORCL) Pool, with 80% going toward burn. Moreover, around 1.4 billion Terra Luna Classic (LUNC) tokens were burned in the 21st batch of the LUNC burn mechanism by crypto exchange Binance earlier this month. More than 57 billion LUNC have been burnt by Binance, the cryptocurrency exchange, as of their most recent burn. #StartInvestingInCrypto
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LUNC Price Jumps Amid Rising Sentiment $LUNC price jumped 1% in the last 24 hours with the #LUNC✅ price currently trading at $0.0001145. The 24-hour low and high are $0.0001143 and $0.0001207, respectively. Furthermore, trading volume has increased by 70% in the last 24 hours, indicating a rise in interest among #traders . Meanwhile, $USTC price is also trading sideways at $0.02237. The 24-hour low and high are $0.02246 and $0.02377, respectively. #StartInvestingInCrypto #ETHETFsApproved #Megadrop
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