LUNC price poised to surge as Terra Luna Classic unveils major upgrade
The Terra Luna Classic developer group Genuine Labs has made it to X to confirm positive news to the LUNC community and announce the readiness for a major upgrade.
The new SDK version 47 updates Terra Luna's components, combats P2P Storm attacks, and fixes the Dyncomm decorator, improving the ecosystem's strength and efficiency.
Genuine Labs will put forward a proposal that will allow the community to vote for the upgrade.
Meanwhile, the latest version v3.0.1 shows the developer's commitment to updating and improving the security of the Terra Luna Classic blockchain.
Genuine Labs recently completed the Rebel 2 testnet upgrade. The update includes several items including a P2P Storm fix, wasmd vo.45, SDK vo.47 and ibc-go v7, which promise improved network performance.
Bonk has recently caused a stir. Particularly exciting is Coinbase's recent announcement that it will support trading in Bonk (BONK). The development raises exciting questions about the future of BONK: Will this uptrend continue? The following article sheds light on current events surrounding Bonk and provides an outlook on possible price developments.
Coinbase announcement: A turning point for BONK?
The recent announcement by Coinbase, one of the leading cryptocurrency exchanges, has caused a stir in the crypto community. With the plan to enable trading in Bonk on its platform, Coinbase marks a potentially decisive moment for the future of this cryptocurrency. BONK, originally launched as a meme coin within the Solana ecosystem, could experience a significant boost from this development.
By adding BONK to its trading portfolio, Coinbase has not only positioned itself as a pioneer in the adoption of new cryptocurrencies, but has also opened the door for wider adoption of BONK. The fact that such a prominent exchange as Coinbase supports Bonk reinforces the confidence in the cryptocurrency. It signals to investors that BONK is a serious asset in the ever-changing world of digital currencies.
The burn rate of Shiba Inu ($SHIB ) tokens has experienced an unprecedented surge, skyrocketing by triple-digit percentages in a short span of time.
This exponential rise in token burning activity within the SHIB community has sent shockwaves through the cryptocurrency landscape, reshaping market dynamics and igniting fervent speculation among investors.Â
In a recent update on X (formerly Twitter), SHIB OG and X user @EdwardSalomons shed light on a remarkable development within the SHIB community. Over the last 24 hours, an astounding 6,954,019 SHIB tokens have been consigned to flames, signaling a notable surge in burning activity. This trend gains even more significance when considering the figures from the past 7 days, with a cumulative total of 23,063,758 SHIB tokens incinerated.
Looking back over the last 30 days, an astonishing 178,063,646 tokens have met a similar fate, underscoring a remarkable uptick in token burning momentum.
Developers Burn 5 Trillion BONK as Solana-Based Meme Coin Slides
News Markets Developers Burn 5 Trillion BONK as Solana-Based Meme Coin Slides The downturn continues for the Doge-themed Solana-based meme coin BONK, despite the teamâs massive token burn.
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The developers behind Solana-based meme coin BONK burned their allocation of 5 trillion BONK tokens early Friday, in a bid to stem the tokenâs bearish momentum.
Martin Shkreli on E/ACC and SBF in Prison After the token burn event, which saw nearly $1 million worth of BONK removed from circulation, BONKâs circulating supply shrunk 5% to 94.16 trillion, per data from Solana block explorer Solscan.
$BONK represents the best of Solana. Our community is working together across the ecosystem to make positive change for all of us.
The 5 Trillion $BONK tokens allocated to âThe Teamâ have been burned.