Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Terra
This Pepe Coin (PEPE) Alternative Will Soar 2,500% by the End of Q2 2024, Says Prominent Analyst Who Hasn’t Been Wrong Since the Terra Luna Crash
Cryptocurrency markets have always been a hotbed of speculation, with investors constantly seeking the next big thing. In recent times, meme coins have gained significant traction, capturing the imagination of traders and enthusiasts alike. One such meme coin that has been making waves is HUMP, positioned as an alternative to the well-known Pepe Coin (PEPE). Backed by the prediction of a prominent analyst, who has gained notoriety for accurately forecasting trends since the Terra Luna crash, HUMP is poised for…
1 year ago
Terra Luna Classic Overhauls LUNC Burn Tax: Community Votes for Oracle Pool Distribution
Terra Luna Classic has made a strategic move to optimize its burn tax. With network efficiency in mind, community sentiment is heightened with an uptick in price. The Terra Luna Classic (LUNC) is seen to be undergoing notable changes following an approval to revise the cryptocurrency’s burn tax. The changes include a favorable vote for an oracle pool distribution from the Terra Luna Classic community. Terra Luna Classic Burn Tax Proposal Approved Recent reports reveal the Terra Luna Classic community…
1 year ago
Terra Luna Classic Votes to Increase Validator Commission: LUNC Price Recovery Ahead?
Terra Luna Classic takes a proactive measure against possible spam attacks with the introduction of Proposal 12097 which would also increase validators’ commission from 0% to 2.5%. According to the proposal, increasing the minimum commission would motivate small validators to invest in better infrastructures to mitigate attacks. Tera Luna Classic (LUNC) takes a drastic approach to revolutionize its ecosystem with a series of approved proposals subject to voting. Over the years, developers have pointed out possible risks to the likes…
1 year ago
Altcoins Rebound as Bitcoin Gains Strength; TerraClassic (LUNA) & Terra (LUNA) Could Rise By 20% Soon
The post Altcoins Rebound as Bitcoin Gains Strength; TerraClassic (LUNA) & Terra (LUNA) Could Rise By 20% Soon appeared first on Coinpedia Fintech News The crypto markets are consolidating again as Bitcoin price failed to sustain above $67,000, displaying some weakness among the bulls. The selling pressure does not appear to have mounted, but without a rise in the buying volume, it may certainly be possible for the star crypto to sustain above the range. Now that the BTC price…
1 year ago
Terra Luna Classic’s Proposal for a Core Team
The post Terra Luna Classic’s Proposal for a Core Team appeared first on Coinpedia Fintech News The Terra Luna Classic (LUNC) community is currently engaged in voting on a crucial proposal aimed at establishing a core team responsible for overseeing the chain’s developments and other key decisions. This proposal comes in the wake of the disbandment of the core developer group Joint L1 Task Force (JL1TF) in March. The proposed core team would comprise key individuals, including developers and contributors,…
1 year ago
Terra Luna vs NuggetRush: Which Altcoin is Performing Well This Month?
Terra Luna has become a hot cryptocurrency after the token burn news from Binance. NuggetRush is a leading Play-to-Earn crypto coin with a lot of potential. People are investing in both the coins to get good returns in the future. If you are an avid crypto investor looking for the top crypto coins this month, there are some new entrants that are better than the existing ones. Terra Luna is one of the unique altcoins that is known for providing…
1 year ago
Terra Classic Price Dips 15% Amid Market Correction: Can it Rebound?
Terra Classic (LUNC) has dipped 15% since setting a weekly high on Mar. 31 amid a broader market sell-off that has seen the industry shed $170 billion in the past five days. LUNC has, however, managed to stay above the 200-day EMA and maintained an ascending support trendline that analysts say could lead to a bounceback in the coming days. Terra Classic (LUNC) has ended the week on a low, shedding over 15% in the past five days amid a…
1 year ago
Terra vs SEC : Terraform Labs Presents Closing Arguments in Civil Fraud Trial Amidst Allegations of Investor Deception
The post Terra vs SEC : Terraform Labs Presents Closing Arguments in Civil Fraud Trial Amidst Allegations of Investor Deception appeared first on Coinpedia Fintech News The trial procedures on civil fraud against Terraform Labs and its founder Do Kwon are coming to an end as attorneys are gearing up to deliver their closing arguments. The trial initiated and proceeded by the U.S. Securities and Exchange Commission focuses on accusations of wire fraud and scamming investors with TerraUSD, a stablecoin…
1 year ago
Binance Burns Over 4 Billion Terra Luna Classic Tokens
The post Binance Burns Over 4 Billion Terra Luna Classic Tokens appeared first on Coinpedia Fintech News In a significant development for the cryptocurrency market, Binance, the world’s largest crypto exchange, has announced the burning of 4.17 billion Terra Luna Classic (LUNC) tokens. This move underscores Binance’s commitment to bolstering the Terra Luna Classic ecosystem and marks a milestone in the ongoing evolution of the crypto industry. Binance’s Token Burn Event The crypto community saw one of the biggest token…
1 year ago