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Cryptocurrency News Articles
Terra Classic Community Defies Expectations, Soars Past Cardano and Shiba Inu
Mar 22, 2024 at 07:49 pm
Terra Classic Community Surges, Defying Expectations
How many wallets are holding LUNC and USTC now? A staggering 5.5 million, eclipsing established players like Cardano and Shiba Inu. This surge signals the enduring resilience of the Terra Classic community, which has remained steadfast despite the project's collapse in May 2022.
Binance's Role: Catalyst for Growth
What's fueling this surge? Support from major exchanges, particularly Binance. Binance's ongoing LUNC burn campaign has incinerated over 40 billion tokens, significantly reducing supply. Other platforms, such as WEEX, have also listed LUNC, contributing to its momentum.
Price Upswing on the Horizon
Has the increased wallet activity impacted prices? Yes. LUNC has climbed 1.61% from its 24-hour low, while USTC has gained 2.78%. This positive trend may be driven by optimism surrounding Terra Classic's impending v2.4.2 upgrade.
Terra Classic's Unique Trajectory
Why is Terra Classic bucking the trend? Despite setbacks, the community has shown unwavering support, fostering hope for its long-term prospects. This dedicated holder base, coupled with initiatives from exchanges and developers, suggests the potential for a substantial price recovery.
Caution Advised
Is it all smooth sailing? No. The cryptocurrency market is notoriously volatile. Before investing in LUNC, USTC, or any cryptocurrency, conduct thorough research and understand the inherent risks.
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Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Oranje Prepares to Acquire Over $200M in BTC, Mimicking Michael Saylor's Strategy in Brazil and Latin America
- Apr 29, 2025 at 09:50 pm
- A new challenger in the institutional bitcoin arena is about to rise, based in Latin America. According to local media, Itau BBA, the investment bank of Itau, the largest banking corporation in Latam, is an advisor in the process that will give rise to Oranje, a company whose priority would be the accumulation of bitcoin as part of its treasury strategy.
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- AUSTRAC Threatens Inactive Digital Currency Exchanges (DCEs) to Either Use Their Exchange or Lose It
- Apr 29, 2025 at 09:35 pm
- The Australian Transaction Reports and Analysis Centre (AUSTRAC), has threatened inactive Digital Currency Exchange (DCE) in the region to either use their exchange or lose it.
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- title: Blockchain intelligence platform Lookonchain is highlighting a trader who has profited handsomely from trading in Fartcoin (FARTCOIN), a memecoin built in the Solana (SOL) ecosystem.
- Apr 29, 2025 at 09:30 pm
- According to Lookonchain, the unidentified trader is once again going long on the crypto asset and has purchased 488,000 Fartcoin at a total price of $563,000.