We are seeing big players like Jpthor, the founder of THORChain, hint at backing a Bitcoin-backed stablecoin like $UST.
This could be a major move that shakes up the market, so $USTC re - peg will be epic.
Tether’s Potential Involvement:
Allegedly, there are talks with the CEO of Tether ($USDT) to support USTC.
Tether’s involvement could provide much-needed liquidity and confidence to the ecosystem.
Key dates are approaching, so @terra_money plans to shut down operations for Enterprise_dao and Warp_protocol by December 31, 2024, with full closure scheduled for January 2025.
During this period, we expect to see continued burns and major upgrades to the network for $LUNC .
USTC Re-peg:
One of the most exciting events on the horizon is the re-peg of #USTC .
Expected in January 2025, this will trigger a new wave of demand for USTC and create a more stable ecosystem.
$LUNA 2.0:
We’ll likely see LUNA 2.0 delisted as the original protocol is restructured and the Terra network gets upgraded.
This will pave the way for a new protocol that could change the game, leaving behind old projects like ETH and SOL.
New Network Upgrades:
The Terra network will soon see substantial upgrades, making LUNC the leader in a new generation of blockchain networks.
With a focus on scalability, speed, and lower transaction fees, the new #LUNC network could become a dominant force in the market.
With just 1 -2 weeks left before the official Altcoin Rally begins,
It’s time to start positioning yourself for what's to come LUNC and USTC are poised to take center stage,
With massive burns, network upgrades, and institutional support pushing them higher.
LIVE
VS_Bull_Lunc
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Bullish
$BTC has already experienced a significant surge, climbing from $15,500 to $90,000.
This mirrors past cycles like 2021, where Bitcoin surged from $3,150 to $42,000, but altcoins lagged behind.
Soon, we will witness a historic event regarding $LUNC and $USTC .
Historically, Bitcoin's moves precede the larger altcoin rallies, and this time, I believe the pattern will repeat itself.
While #Bitcoin❗ has made impressive gains, altcoins have largely stagnated, especially LUNC and USTC.
We’ve seen this before, and just like in previous cycles, it’s exactly when everyone is convinced the rally is over that the real action begins.
During this, we will witness a historic event regarding LUNC and USTC, especially with major burns and the potential re-peg of USTC.
Bitcoin’s dominance in the market has been holding strong, but this will soon change.
In the past cycles, when Bitcoin reached new highs, it led to a surge in altcoins as Bitcoin's dominance started to drop.
We’re on the brink of seeing the same phenomenon.
Once Bitcoin reaches its next peak (likely above $90,000), the market will shift.
Altcoins will start to catch up, and the "Alt Season" will officially begin.
As Bitcoin’s dominance diminishes, we can expect altcoins to experience rapid growth, especially LUNC and USTC.
Looking ahead, 2025 will be a critical year for the altcoin market,
Particularly for projects like, LUNC, and USTC 🌕
These altcoins are expected to benefit from both significant upgrades to their respective networks and growing institutional support.
Now, as Bitcoin continues to push forward, we are at the precipice of an explosive altcoin rally.
Altcoins like LUNC and USTC are particularly noteworthy, and I anticipate a massive shift in the near future.
Here’s why:
LUNC Burns:
Recently, TFL (Terra Form Labs) has burned 250 billion #LUNC and 250 million USTC from the Shuttle Bridge.
This is just the beginning, and we’re expecting even more burns as we approach the end of 2024.