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Here’s the Amount of Terra Classic (LUNC) Binance Burned This Month !! #Binance200M #TopCoinsJune2024 #EarnFreeCrypto2024 #altcoins #bitcoin Cryptocurrency exchange Binance continues its regular Terra Classic (LUNC) burns, according to data.Data shows that Binance has burned approximately 1.3 billion LUNC tokens in a total of 3 transactions so far in June. This means that at the time of writing this article, the cryptocurrency exchange has burned approximately 144 thousand dollars of LUNC tokens in total this month. For an altcoin LUNC with a market value of $615 million, this burning amount is not an amount that can affect the price much, and on its chart, the token has lost approximately +10 value in the last week. Approximately half of all Terra Classic token burns to date have been issued by Binance. The value of LUNC tokens burned by the cryptocurrency exchange to date is at the level of 6.4 million dollars. So Binance has burned approximately 1% of the total supply of this altcoin so far. The exchange carries out its largest token burns at the beginning of the month, but small amounts of burns can also be seen on other days. In other words, Binance Terra Classic burns in June may increase slightly.

Here’s the Amount of Terra Classic (LUNC) Binance Burned This Month !!

#Binance200M #TopCoinsJune2024 #EarnFreeCrypto2024 #altcoins #bitcoin Cryptocurrency exchange Binance continues its regular Terra Classic (LUNC) burns, according to data.Data shows that Binance has burned approximately 1.3 billion LUNC tokens in a total of 3 transactions so far in June. This means that at the time of writing this article, the cryptocurrency exchange has burned approximately 144 thousand dollars of LUNC tokens in total this month.

For an altcoin LUNC with a market value of $615 million, this burning amount is not an amount that can affect the price much, and on its chart, the token has lost approximately +10 value in the last week. Approximately half of all Terra Classic token burns to date have been issued by Binance. The value of LUNC tokens burned by the cryptocurrency exchange to date is at the level of 6.4 million dollars. So Binance has burned approximately 1% of the total supply of this altcoin so far.

The exchange carries out its largest token burns at the beginning of the month, but small amounts of burns can also be seen on other days. In other words, Binance Terra Classic burns in June may increase slightly.

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FLOKI beats WIF in market cap: Where will the memecoins head next ? #TopCoinsJune2024 #EarnFreeCrypto2024 #altcoins #BTC #bitcoin Floki Inu outperformed Dogwifhat in terms of market cap. In terms of popularity on the social front, Floki took the lead.Meme coins Floki Inu [FLOKI] and Dogwifhat [WIF] have been competing for market share for quite some time.WIF is a new entrant in the sector, and per the unwritten rules of the meme coin space, newcomers get all the hype. FLOKI vs. WIF However, in the last 24 hours, FLOKI managed to beat WIF in terms of market cap. There was a significant discrepancy between the price movements of both tokens. In the past week, the price of FLOKI grew by 9.46%, while WIF declined by 18% during the same period. WIF’s price decline occurred after a large period of sideways movement, where its price fluctuated from $4.00 to $2.4794. Based on the current trajectory of the meme coin’s price, it appeared that it could reach those levels yet again before seeing a reversal. The RSI (Relative Strength Index) for WIF fell to 26.54, indicating that it had reached the oversold territory.However, the CMF (Chaikin Money Flow) for WIF declined materially, implying that the money flowing into the WIF token had decreased. Other factors such as social volume and sentiment may also affect WIF. AMBCrypto’s examination of Santiment’s data revealed that the Social Volume for the token had declined significantly in the last few days. This implied that the popularity of this meme coin had waned.Weighted Sentiment for WIF had also fallen, reflecting an uptick in negative comments around the token had surged significantly over the last few days. What about FLOKI? In contrast to this, FLOKI was doing relatively well. Social Volume was on the rise, and Weighted Sentiment was positive, implying more dominance in social media at the time of writing. Despite the positive price movement and popularity seen by FLOKI, there were a few problems that the meme coin faced during this period.
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Pepe Coin Price Analysis Hints 20% Downside Risk As Sellers Break 50-day Support !! #Binance55thProject(IO) #TopCoinsJune2024 #altcoins #BTC #bitcoin Pepe Coin Price Analysis: The memecoin PEPE, themed around a frog, recently experienced a price correction after peaking at $0.0000172 in late May. This downturn saw the altcoin’s price fall by 25%, landing at $0.00001274, while its market cap decreased to $5.36 billion. Concurrently, as Bitcoin struggled to maintain its position above the $70,000 mark, the broader cryptocurrency market faced additional downward pressure. This situation suggests that the market may be entering a period of extended correction or consolidation. Since mid-April, the PEPE coin price witnessed an aggressive rally under the influence of an ascending trendline. The steep dynamic support bolstered buyers with the new higher low formations and uplifted the asset from $0.00000393 to $0.000017 registering a 335% growth. However, the altcoin market witnessed a slowdown in recovery as Bitcoin prices consolidated in a narrow range for the past two weeks. Amid the uncertainty, the PEPE price developed a notable top at $0.0000172 and triggered a correction below the aforementioned support. The loss of its nearly two-month-long support level is likely to increase selling pressure on PEPE, setting the stage for a significant decline. Following the breakdown, the asset’s price could potentially plummet to $0.00000881, with a further possible drop to $0.000006 if the downward trend continues. However, a long tail rejection candle on Friday showcased the traders’ interest in buyers PEPE at a discounted price.
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