XRP, which increased 5 times in a month from $ 0.5 to $ 2.9, shook the cryptocurrency market. The price of #XRP increased tremendously after Trump won the US elections and the SEC Chairman said he would resign. The SEC and Ripple case had ended before. Positive news continued to come. There are also ETF applications in XRP. It is highly probable that ETFs will come. Its closest competitors in this regard will be ADA and SOL. ETFs of these 3 altcoins will come. XRP is currently at $ 2.22. XRP investors are now more hopeful and much more confident that their high targets can be realized... XRP investors have waited patiently for a very long time and now they want to be rewarded for their patience. XRP can also be a good example of #LUNC in this regard. The lawsuits in LUNC are also nearing completion and positive developments are on the way... It is very important for XRP, which is one of the leading coins for altcoins, to continue on its path with sure steps...
After a long break, the declines experienced in Bitcoin did not affect altcoins either. Ethereum has gained 5% value compared to Bitcoin. BTC fell below $ 94,000, but altcoins do not want to fall anymore. BNB is looking at $ 700 again. BNB remains strong with the effect of the newly announced BIO Launchpool. Coins such as SOL, LUNC, PENGU have gained over 5% value. If altcoins continue to maintain this strong stance, we may see sharp upward movements. Altcoins should now break out of the orbit of #BTC .
It is very important to do your own research on cryptocurrencies. You follow pages that produce content on crypto, including us, and you reach information. However; you need to reinforce this with your own research. In this way, you can reach the correct information clearly... This is called the #DYOR principle. "DYOR; Do Your Own Research" You can reach the most valuable thing in crypto, the correct information, by doing your own research. You have many resources for this. #CoinMarketCap #Binance #Bitcoin #TerraClassic $BTC
In the Terra Classic chain, "VETO" votes are leading in the vote where it is proposed to increase the tax burns from 0.5% to 1.5% on #LUNC and #USTC .
🔔 The proposal has now been rejected. The "YES" votes are also significantly high in the vote.
➖We asked our followers about the vote we will give as TerraHaberTR & GoldenRush. We conducted 3 surveys. In all 3 surveys, over 80% said "YES". We voted YES.
🔔 We think that the 1.5% burn tax is far from serious. However, it is obvious that 0.5% is insufficient. Investors expect this rate to increase. It may be considered to increase this rate to 0.6% or 0.7%. A gradual increase or decrease can be made by looking at the benefits and harms. The Terra Classic community should discuss this. #TerraClassic $LUNC
Michael Saylor's MicroStrategy continues to buy #Bitcoin. MicroStrategy announced that it bought 5,262 #BTC for an average price of $106,662. (Total; $561 million) 🔔 MicroStrategy holds 444,262 BTC. The average purchase price of Bitcoins is $62,257. ▪️ MicroStrategy has made a 73.7% profit from Bitcoins.
Binance exchange has announced its new Launchpool, BIO Protocol. $BIO BIO Protocol will be the 63rd Launchpool project on Binance exchange. BIO Protocol (#BIO ) is a curation and liquidity protocol for Decentralized Science (DeSci). Binance exchange continues to highlight decentralized projects. BIO Protocol is one of them. Launchpool will start on 24.12.2024 and will last for 10 days. You will be able to farm with your BNB and FDUSD tokens for 10 days. 🔔 The listing will take place on 03.01.2025. ⚠️ Binance will be the first platform to list BIO Protocol. All claims of offering this project for sale before the specified time are scams or advertising purposes. ▪️There are many scam attempts regarding early access to Launchpool projects. Be careful about this. As a page, we are trying to convey developments as much as we can. Be sure to do your own research. #DYOR
It is enough to look at the visible data to see the progress in the Terra Classic chain... If we calculate it based on the current prices; approximately $ 350,000 - $ 400,000 is burned monthly in #LUNC and #USTC . These burns include the monthly LUNC burns of the Binance exchange. The USTC share in the burns is very small. It is approximately between $ 15,000 - $ 20,000. 🟠 The value burned in LUNC is much higher. These values may seem low, but you should note that we calculated it based on current prices... 🔔 The Terra Classic chain produces value even at its lowest. It continues its development. Its protocols are being rewritten. We are talking about a blockchain that has not yet received investor support. The important thing is that this stability continues. This stability has been going on for over 2 years... #TerraClassic #BTCNextMove #ChristmasMarketAnalysis $LUNC $USTC
When we compare LUNC and USTC burns; you see how much USTC burns are behind in value... 🔔While #LUNC tax burns of approximately $51,000 are realized weekly; we see that #USTC tax burns of $3400 are realized. It is very normal for LUNC tax burns to be higher than USTC tax burns, but there is a big difference between them. 🟢 From this data, it is clear that the USTC price is lower than it should be. ➖You may see these amounts as worthless, but there is a blockchain that burns approximately $50,000 every week. Imagine if all of this value was used for USTC re-peg? In a volatile market, these amounts will increase a lot. In a market where the price of LUNC and USTC increases, these amounts will increase in value. For this reason, every burned piece is valuable... We think they are playing 3 monkeys for USTC. We think USTC is ready. USTC can be repegned in its current state. LUNC is strong enough to keep USTC stable even in its current state... When USTC is $1, you can be sure that LUNC will be much, much higher than its current price. In this case, the#LUNAprice will also increase a lot. LUNC and LUNA can stand behind USTC as two solid collateral... We are thinking a little out loud. I am sure that the developers of Terra Classic and Terra have thought more of these thoughts...
Total #USTC burns reached 3,403,770,916 units. The amount of USTC burned in the last 25 days; was 1,144,723 units. Last week; 143,767 USTC was burned. (According to current prices; $2676 was burned) 🔔 In addition; $334 USTC went to the community pool; $334 USTC went to the stake pool. 🔔 You can see how striking the value of the burns that took place in #LUNC is compared to USTC... The distribution of these burns is as follows; ▪️ After the collapse; A total of 1,445,874,000 units were burned by Terra with 2 different burns. ▪️ 3 more burnings were made by community vote. Finally, the USTCs located on the Shuttle Bridge were burned; ➖ In these burnings; 796,109,900 + 726,370,000 + 46,358,000 + 264,340,000 = 1,833,177,900 units were burned. ⚠️ 124,719,016 units of USTC were reduced from the total supply with 0.5% tax burning and external burnings. ❤️🔥
The most important issue in the Terra Classic chain is #LUNC burns... Total LUNC burns reached 394,204,820,894. 365.7 million LUNC was burned in the past week. (Current price value: $41,000) 🔔 Additionally; $5000 worth of LUNC went to the community pool; $5000 worth of LUNC went to the stake pool. 🔔We will cover the LUNC burns of the Binance exchange in 10 days. All of the LUNC burns of the Binance exchange go to the burn wallet. #TerraClassic #USTC $USTC $LUNC
Cryptocurrencies will try to make up for their losses in the new week. The Christmas holiday will start on Wednesday. We will see the effects of Christmas on the markets. ➖Some altcoins are also showing an upward trend. #FTT is performing the best. FTT price rose above $ 3.5 and then priced at $ 3.25. LUNC is among the cryptocurrencies that started the week well. There is also an upward trend in #LUNC . FTT's increases may also affect LUNC, LUNA and #USTC . It started the week at $ #BTC 95.000. Losses in $ BNB have begun to be covered. We have currently seen visible increases from FTT, but other altcoins and memecoins are also giving signals. We hope you have a great week...
BNB, which rose to $ 793 with the increases it made in the first days of December, had increased its ATH level. Investors also had expectations that it could rise above $ 1000. The declines experienced in all cryptocurrencies also affected #BNB and the BNB price had fallen below $ 620. 🔅 It is wondered whether BNB, which is now at $ 650, will rise again. 🔅 BNB, the cryptocurrency of the Binance exchange, is undoubtedly among the best altcoins. It fell behind XRP in the CoinMarketCap ranking and fell to 5th place. 🟠 It had previously lost its place to SOL, but left #Solana behind. It will want to surpass BNB and XRP. Its most important target will be ETH. ▪️BNB is used in transactions on the BSC network. BNB has many advantages on the Binance exchange. It is supported by Launchpools and MegaDrops. Stake opportunities are high. When this is the case, BNB's expectation of an increase is inevitable.
An equation where $BTC will continue on its path above $100,000 will also be eager for an increase in BNB.
After the Terra Classic v3.3.0 update, the GAS FEE system received from LUNC and USTC transactions has changed.
There has been a radical change. For this reason, we see that deposit-withdrawal transactions #LUNC and #USTC have not yet been opened on some exchanges. Binance has completed this update and opened deposit-withdrawal transactions. These transactions will be opened again on all exchanges. The reason is the adjustments they need to make regarding the update...
The $123 million compensation fine imposed on Tai Mo Shan regarding the LUNA and UST collapse was included in the SEC Press Release. It was stated that Tai Mo Shan was responsible for being a legal guarantor in the distribution of Luna crypto assets and misleading investors about UST being a stable coin. ⏩ As a penalty for this responsibility, a $123 million compensation fine was imposed. Tai Mo Shan agreed to pay this fine. ▪️The news also included the fines imposed on Do Kwon and TFL. It was included in the news content that Do Kwon accepted a $4.5 billion fine. 🟣 In our opinion, many people/organizations related to UST are responsible. Binance exchange also recommended UST staking transactions with the "Safe Investment" label. ▪️The reason why Tai Mo Shan was penalized is because he was a legal guarantor in the distribution of LUNA. Just as TFL and Do Kwon are responsible; Tai Mo Shan was also held responsible and fined $123 million in return... ⚫️ Every cryptocurrency has risks. Investors should have been warned about these risks. They did not do this regarding UST. ▪️In fact, Terra's official documents mention these risks, but the responsibilities here are related to statements... There will always be risks when #USTC and #LUNC are recovered. Every cryptocurrency has risks. The important thing is to manage it correctly. Our teacher KAursunLEM shared this news on the TerraHaberTR - Lunc Community page. We have detailed it because we have been asked a lot... You can reach the full news from the link below. 👇 https://sec.gov/newsroom/press-releases/2024-212
The new US President Trump congratulated Bitcoin users in his speech today for BTC reaching an all-time high of $108,000. ⏺️ Cryptocurrency investors are eagerly waiting for Trump to take office. Millions of people lost their funds as a result of the irresponsible statement made by the FED chairman. We must get rid of these people... 🔴 Trump also made statements about the Ukraine-Russia war. "President Putin said he wanted to meet with me as soon as possible. We must end this war." ⏺️ The end of the Ukraine-Russia war will have a very positive effect on the markets. Trump is talking from the middle of the book. He speaks openly. He speaks clearly. He also said that he would make#Bitcoina reserve currency. In addition; He has speeches in which he announced that the US will also benefit from #BTC to melt its trillions of dollars of debt. Trump will sit in the US Presidency on January 20 and begin his duty... #Altcoins #Memecoins #Kriptopara #Trump $BTC
The most important opportunity for #LUNC is the staking opportunity.
When you stake $LUNC on the Terra Classic chain; you earn both#USTCand LUNC as income... ⭐️You should look at your earnings in terms of quantity. If you look at it as #USDT , it may seem low, but if you look at it as LUNC and USTC quantity; the amounts can make you happy in the future.
For this reason; you can complete your LUNC investment by buying a certain amount of LUNC and putting it into staking transactions. You watch your quantities increase every day... We do not give investment advice for any cryptocurrency, but we will continue to convey the opportunities in this way. Similar opportunities exist in #BNB ... The vast majority of cryptocurrencies do not have these opportunities.