Golem Price : What Will Be My Portfolio If Golem (GLM) Hits $10?
#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC Golem (GLM) distinguishes itself in the unpredictable cryptocurrency sphere as a strong and potential investment. Despite market challenges for Bitcoin and Ethereum, GLM has exceeded expectations with a 40% increase in value. Investors are interested in the opportunity of GLM hitting $10, examining potential gains and risks. This article explores different investment situations, providing perspectives on potential profits and the challenges of navigating the cryptocurrency market.

In the last 24 hours, Golem (GLM) experienced a substantial rise in its market performance, with its value climbing by 39.64%, to reach $0.5333

This increase is part of an ongoing pattern seen for the last week, during which GLM has experienced a 42.50% increase.

Nevertheless, when looking at the monthly perspective, there is a slight decrease of 2.20%, showing some temporary instability. However, the annual results show a significantly positive outlook, with a 131.21% growth in value, highlighting its enduring potential and strength.

Even though Golem has shown good performance, its current price of $0.5398 remains lower than its peak of $1.25, reached on January 8, 2018, six years ago. This difference shows a 58.09% drop from its highest point

Therefore, Golem displays resilience in both the short term and potential for growth in the long term in the cryptocurrency market.

What Will My Portfolio Look Like If Golem Price Reaches $10
For new investors, entering the cryptocurrency investment world can be a mix of fear and excitement. The recent Bitcoin halving has generated anticipation and enthusiasm among the cryptocurrency community, although being cautious especially with the current crypto market crash.

Potential investors are thrilled about the prospect of GOLEM’s value increasing from $0.5333to $10. Let’s analyze three scenarios to understand the potential outcomes of different investment amounts.

Will MATIC Make A Comeback Anytime Soon ?

#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC After the failed attempts to break through the $1 to attain higher peaks, MATIC has settled around the $0.71 price for today. Even after the history of the profitable performance and demand of the Polygon network, MATIC has not succeeded in surging above the average range.

MATIC had its best stretch in 2021 and 2022, but after that, the token lost its place in the market. Though a good peak did form in 2023, bringing the value to near the $1.5 mark, that did not last long.

In this blog, let us discuss whether MATIC will succeed in a comeback or not.

There used to be a time when MATIC was among the top 10 cryptocurrencies, but now that has shifted into the top 20. MATIC is ranked 18th on CoinmarketCap with a market capitalization of $7,037,367,335 and is currently trading at $0.7115 after facing a 32% decline this month. However, a surge of 4.43% has happened in the last 24 hours.
MATIC is 76% away from its all-time high target of $2.92 set two and half years ago. The altcoin has made multiple attempts to recover over this period, but declining investor interest has turned down all the attempts. This token’s declining trading volume is proof of lacking support as the 24-hour trading volume has decreased 20% recently, where the value is at $270,525,611.

In the last one year, MATIC had its best performance during March, when the token surged to above $1 before getting into a downtrend. In the entire month of April, the polygon token stayed below the $1 mark and even fell to a low of $0.611 on the 14th of April.

The Polygon Network’s native cryptocurrency has been lagging behind the other top cryptocurrencies for almost two years, and even the recent bullish month could not push the values. MATIC’s price charts displayed no clear sign of bullish behavior for now, and the crypto is in a neutral zone
As per the analysts, the closest support is at $0.60, with the resistance zone around $0.75, which was also a support level earlier today

Shiba Inu Price Prediction as SHIB Surges to $0.00002569 – Should You Invest Today ?
#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC Shiba Inu has risen by 4% today, with its price reaching $0.00002589 as the crypto market as a whole gains by 1% in the past 24 hours.SHIB has now increase by 13.5% in the past week, and while it’s down by 13% in a month, it has posted a 145% return in the past year.

It continues to have momentum after its developers announced funding for a new layer-three network this past week, with its gains likely to continue for at least the next few days.Today seems to be the beginning of a recovery for SHIB, which could potentially spend the rest of the weekend compensating for the losses of the past two days.
Its relative strength index (purple) has risen to 50 today after hitting 30 on previous days, a sign of returning momentum that still has plenty of space for more growth. SHIB’s 30-day average (orange) has halted a decline and looks ready to resume climbing further above the 200-day (blue), providing another sign that the growth initiated last weekend hasn’t quite played out yet.

What’s a little weird though is that the coin’s trading volume is still modest, at about $800 million, compared to a high of $15 billion in early March.
But with SHIB’s resistance (red) and support (green) levels converging on each other, this low volume could enable a strong move in the next few days.There have been some big SHIB transfers in recent days, with Wednesday seeing one exchange worth nearly $80 million between two unidentified wallets. This may have had something to do with the news that Shiba Inu’s developers have raised $12 million for an upcoming layer-three network, which will be focused on privacy.

That Shiba Inu continues to evolve and strive to offer more utility for investors is a bullish sign for SHIB, with the coin, its protocol and its ecosystem becoming more useful with every passing month.
The Shiba Inu price could reach $0.00004 by the summer, before climbing towards $0.00006 by the end of the year

Can Terra Classic Coin Leverage Market Consolidation For a Price Rally !!
#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC Terra Classic Price: Over the past two weeks, the Terra Classic has witnessed high volatility wavering around the physiological level of $0.0001. The lack of initiation from buyers and sellers is further accelerated by the post-halving consolidation in Bitcoin recently witnessing a dip below $64k. However, the LUNC price sustainability below the 200-day EMA slope is favoring sellers for a prolonged downfall.
On April 13th, the LUNC Price correction gave a decisive breakdown from the support trendline of a 5-month-long triangle pattern. Losing this support along with the 200-day EMA signaled a major weakness in Terra’s classic price to hold value. However, the excitement around Bitcoin Halving triggered a broader market recovery, assisting the LUNC price above $0.0000875 mark.

If the post-halving correction continues to pressure altcoins lower, the Terra Classic coin may plunge to lower support such as $0.000087, followed by $0.0007. A downsloping trendline in the 4-hour chart is leading this correction trend offering trades dynamic resistance to sell on bullish bounces.
Until this resistance is intact, the LUNC price could extend its downward trajectory.

On a contrary note, the investors perceive the current consolidation as an opportunity to remove weak hands from the digital market and stabilize the asset for a higher rally. Thus, the altcoin market along with Bitcoin may witness a sideways action for the coming weeks to months before resuming the prevailing rally.
If the renewed recovery bolsters Terra Classic price to reclaim its 200-year EMA slope, the prior breakdown would be considered a failed drop, allowing buyers to strengthen their grip over this asset.

Wormhole Price Jumps 15% As W Token Goes Live on Multiple Blockchains !!

#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #bitcoin Traders are closely watching the Wormhole price movements with a potential breach of $0.6700 signaling a bullish trend, while a drop below $0.5058 could lead to a bearish correction. In the last 24 hours, altcoin Wormhole (W) has rallied by a staggering 15.94% to $0.6199 with its market cap crossing $1 billion. This helps Wormhole occupy a spot among the top 70 cryptocurrencies by market cap. The recent thrust in the Wormhole price comes as the W token gets a multi-chain functionality.

Wormhole Becomes A Multi-Chain Asset
W’s recent price surge is due to Wormhole’s announcement of Native Token Transfers (NTT) for the W token, rendering it natively multichain across platforms like Solana, Ethereum, Arbitrum, Optimism, and Base.This enhancement broadens W’s functionality, offering seamless transferability across diverse blockchain ecosystems, fostering more efficient usage and accessibility for users and developers alike, while laying the groundwork for innovative features like MultiGov, a multichain governance system, and W staking for governance, marking a significant milestone in Wormhole’s development roadmap.

The introduction of NTT is in line with Wormhole’s roadmap, showcasing its dedication to establishing a secure, decentralized, and user-friendly environment for blockchain interoperability.
W Price Action
Over the past 24 hours, W’s trading volume surged by 181.75%, reaching $295,402,125, securing its spot at 27th on the volume rankings. Despite impressive price movements, ranging from a low of $0.5259 to a high of $0.672, W remains 61.53% below its all-time high of $1.61, reached on April 3, 2024. If Wormhole manages to breach the $0.6700 resistance within the next 48 hours, traders may consider entering long positions, anticipating an exit from the consolidation channel. Such a surge in buying pressure could propel W into a price discovery phase, possibly aiming for the $0.9193 level in the short term

MATIC Price Preps Trend Reversal With This Morning Star !!

#BinanceLaunchpool #bitcoinhalving #Memecoins #BTC #bitcoin Amidst the broader market crash, the MATIC price shows an intense correction phase as it reverses from a long-coming resistance trendline. The long-term trend in the Polygon continues with a lower high formation.
With hardly any bullish impact seen of the Bitcoin Halving, the MATIC price awaits an altcoin season recovery. Considering the uptrend momentum revives in Polygon, our MATIC price prediction projects a bullish 2024.

MATIC Price Performance

The MATIC price trend finally halts the consecutive bearish candle formation with a Doji candle formation at the $0.70 mark. Further, the weekly chart showcases a positive turnaround possibility with a potential morning star pattern.
With lower price rejection and a history of bullish reversals from the $0.70 mark, the uptrend could surpass the 23.60% Fibonacci level. This means another bullish attempt for the trendline breakout for an extended uptrend in 2024 is possible.
Currently, the MATIC price trades at $0.7183 with a minor intraday growth and a market cap of $7.10 Billion. As a top bluechip crypto and solid fundamentals, the underlying potential is commendable for Polygon.

Technical Indicators:

RSI: The weekly RSI line shows a bullish turnaround possibility as it stagnates under the halfway line.
MACD: The MACD and signal lines in the weekly chart give a bearish crossover and warn of a steeper correction. Hence, the momentum indicators are bearish but showcase a minor possibility of a reversal rally.

Will Polygon Regain Bullish Trend?

As the broader market gradually grows anxious about a quick recovery next week, the possibility of a bounce back in Polygon increases. Considering the uptrend restarts, the MATIC price could reach the $1.35 mark with the trendline breakout before taking on the $1.5 barrier.
On the downside, a break under $0.70 could prove fatal and drop the altcoin to the psychological mark of $0.50.

Bonk Price Surges 18.30% in 24 Hours: Is This Rally Built to Last ?
#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC Bonk's recent surge is accompanied by rising trading volume, but caution is advised due to neutral RSI and futures market influence.ADX indicates moderate trend strength, suggesting possible continuation, but confirmatory signals are needed from other indicators.
High liquidation of short positions and declining Open Interest hint at cautious market sentiment despite price bounce.The recent surge in Bonk's price has caught the attention of traders and investors, with the cryptocurrency currently valued at $0.000024 and showing an 18.30% increase in the last 24 hours. This uptick in price is accompanied by a notable rise in trading volume, reaching $308,057,034 during this period. While these developments seem positive at first glance, there are underlying factors that raise concerns among market participants.
One such factor is the behaviour of certain key indicators. The 1-Day RSI (Relative Strength Index) for Bonk stands at 62.62, indicating a neutral position. This suggests that the cryptocurrency may not be decisively overbought or oversold at the moment.Moreover, the 1-Day MACD (Moving Average Convergence Divergence) is trading above the signal line, signalling a potential bullish trend. However, investors are advised to exercise caution and await confirmation of a sustained uptrend before considering significant buying opportunities.

Worldcoin Price Prediction: Is $50 the Next Stop for WLD ?

#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC Worldcoin plans to sell up to $195 million in WLD tokens, expanding the token supply by 18.6%.Following a new all-time high of $11.970 on March 10th, WLD has faced bearish pressure.On the daily chart, $WLD has been rejected from the upper boundary of the Descending channel pattern.Despite a recent rise, $WLD encountered resistance in breaching the channel pattern yesterday.Bulls failed to sustain momentum, resulting in a 3.50% decline in price.
WLD has completed a five-wave uptrend, indicating the subsequent downturn was a correction.
A breakout above the channel pattern may signal a significant recovery, potentially surpassing its previous all-time high.

According to Coin Gabbar analysis,

As per Coin Gabbar analysis, Conversely, rejection could lead to another downturn, potentially driving the price below $4.

KEY LEVELS :

RESISTANCE LEVEL : $6.50-$8.00

SUPPORT LEVEL : $4.40-$3.00

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Meme Coin Bull Market: BONK, WIF, PEPE, and Others Spike by Double Digits !!

#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC Meme coins like Bonk Inu, dogwifhфat, and others are seeing significant price increases, while the leaders Dogecoin and Shiba Inu show more modest gains.
Analysts predict a possible further rally for the asset class following the recent Bitcoin halving, which has historically led to market surges.

Meme Coins in the Spotlight

Meme coins have been crypto’s rock stars during this bull cycle, with many of them witnessing substantial price increases in the past few months. Today (April 24) is another green day for the majority of the realm.Leading assets of that type, including the Solana-based Bonk Inu (BONK), dogwifhat (WIF), Cat in a Dogs World (MEW), and BOOK OF MEME (COME) experienced daily price spikes of 27%, 17%, 23%, and 12%, respectively.Pepe (PEPE) – the third-largest meme coin in terms of market capitalization – jumped by 15%, whereas Floki Inu (FLOKI) is up around 14%.

The biggest assets in the cohort – Dogecoin (DOGE) and Shiba Inu (SHIB) – are trailing behind with much more modest increases. Elon Musk’s favorite token ascended by 2% daily, while its rival saw little-to-no price movements in the past 24 hours.
The total market capitalization of the meme coin sector currently stands at over $58.5 billion, a 4% increase compared to the figure observed on April 23.Some analysts have recently outlined predictions that SHIB, DOGE, WIF, and many other meme coins may experience an even more substantial bull run in the near future. One factor hinting that such a scenario could be in the cards is the Bitcoin halving, which took place last week.
The event, following which miners’ rewards for validating blocks on the blockchain were slashed in half, has historically been a precursor of a major resurgence of the entire cryptocurrency market.
For example, DOGE was worth less than a cent by the time of the previous halving in 2020, while a year later, its value pumped to almost $0.70.

Worldcoin Set To Increase WLD Supply By 19%, World Assets Ltd Gears Up For Outflows !

#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC The groundbreaking digital identity initiative, Worldcoin, has announced intentions to notably augment the circulation of its core token, WLD, by up to 19% within the upcoming half-year period. This strategic maneuver encompasses private sales to institutional trading entities beyond the United States, overseen by World Assets Ltd., a branch of the esteemed Worldcoin Foundation.

Detailed Overview of Worldcoin’s Supply Increase
In an official announcement on April 23, Worldcoin disclosed its intention to augment the circulating supply of WLD through a series of private placements. World Assets Ltd. will oversee the sale of up to 1.5 million WLD tokens per week, with a total value exceeding $8.2 million. This incremental supply injection is projected to introduce approximately 36 million new tokens into circulation over the designated six-month period, constituting a substantial 18.6% expansion of the token’s total available supply.

The rationale behind this strategic maneuver is multifaceted. By leveraging private sales to institutional trading firms, Worldcoin aims to fortify the liquidity profile of the WLD token and foster deeper market penetration.Despite Worldcoin’s current market capitalization of $1 billion, it is essential to recognize the disparity with its fully diluted value (FDV) of $54.5 billion, underscoring the significance of this supply augmentation in unlocking latent value within the ecosystem.
Simultaneously, World Assets Ltd., in tandem with the broader strategic initiative, is poised to initiate controlled outflows from its treasury reserves in anticipation of heightened demand for orb-verified World IDs and the burgeoning Worldcoin network. The forthcoming token sales, slated to unfold over the course of six months, will be meticulously orchestrated through private placements targeting a select cohort of institutional trading firms domiciled outside the United States

FLOKI Price: Analyst Predicts 3X Rally As FLOKI Soars 15% !!

#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC Floki Inu (FLOKI), a renowned dog-based meme cryptocurrency functioning atop the Ethereum blockchain, garnered significant investor attention today as its price rallied nearly 15%. Coming in tandem with a stockpile of bullish on-metrics, this rising price trajectory for FLOKI fueled immense market optimism among crypto market participants globally.Amidst the phenomenal price rally embarked upon by Floki Inu, a crypto market analyst further spotlighted vital insights into the meme token’s current market dynamics. a splash of bullishness drove crypto market traders and investors into a frenzy, expecting further gains for the token ahead.The latest update from crypto market analyst Captain Faibin appears to have ignited bullish waves orbiting FLOKI across the vast sea of crypto. In a post shared on X today, the analyst drew attention to Floki’s illustration of a breakout from a bullish flag pattern on its daily timeframe chart, injecting a dose of optimism into the dog-based meme token.

Notably, a bullish flag pattern suggests a brief consolidation within an uptrend for the token, followed by a rising price trajectory. To this, the analyst further added, “Looks Promising for 2-3x Bullish Rally,” flagging a continued bullish momentum for Floki Inu.

Floki Inu Rallies With Strong Market Uptrend
Meanwhile, the Floki Inu token’s price witnessed gains of 15.74% in the past 24 hours and is currently trading at $0.000196. Its 24-hour lows and highs are $0.000168 and $0.0002052, respectively.

FLOKI’s open interest surged 41.28%, reaching $16.66 million, whereas the derivatives volume skyrocketed 218.42%, reaching $178.31 million. This data underscored a strong market uptrend for Floki Inu, further fueling market optimism on the token as investors portray a heightened interest in the asset. Meanwhile, it’s worth noting that if further buying pressure prevails in the market, the analyst’s remarks could potentially come true.

Solana Price Prediction as SOL Rallies Past $150 Zone – New All Time High Incoming?
#BinanceLaunchpool #bitcoinhalving #BullorBear #BTC #bitcoin SOL has gained by a very modest 0.2% in the past 24 hours, with the Solana price moving to $154 today and posting a 13% increase in a week.The coin does, however, remain down by 11% in the last 30 days, although it sits on an impressive 600% rise in a year.This shows just how strong SOL has been in recent months, and with its medium- and long-term momentum remaining promising, it could easily achieve a few more rallies in the near future.

Solana Price Prediction as SOL Rallies Past $150 Zone – New All-Time High Incoming?

SOL’s chart is definitely in a good place right now, with its indicators continuing to signal ongoing growth.After taking a dip earlier this morning, SOL’s relative strength index (purple) has just climbed over 50 and looks ready for another ascent towards 70. Something similar applies to the coin’s 30-day average (orange), which rose above the 200-day (blue) a couple of days ago and still has space to rise further. Another bullish sign comes from SOL’s resistance (red) and support (green) levels, which are not only rising but also converging towards each other at a higher level.This could suggest that a big jump isn’t too far away, with Solana’s trading volume currently standing at a healthy $3.2 billion.

However, there are signs that whales may still be in selling mode, meaning that the Solana price could dip once or twice before we see a concerted recovery.That Solana and the wider market are both a little shaky right now is perhaps not surprising, given that last week’s Bitcoin halving has put pressure on miners.We’re also in the middle of an unsettled period in terms of macroeconomics, with the latest reports suggesting that the Federal Reserve may delay its much-anticipated rate cuts.Still, such cuts will arrive sooner or later, while the last Bitcoin halving will – if history is any guide – gradually boost demand.

ICP Price Prediction: UP +150% in 1 Month… Internet Computer Price To reach $25 ?

#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC The Internet Computer (ICP) recently underwent a significant retreat, falling from its peak of $16 to a low of $10, marking a decline of more than 36%. This downtrend occurred alongside reduced transaction volumes, hinting at a possible short-term correction rather than a reversal of the long-term trend. Yet, in the last 24 hours, the ICP price again increased. Can the ICP price reach the $25 mark? Let’s take a look at this ICP price prediction article in more detail.

As of today, the Internet Computer (ICP) is priced at $ 13.16, boasting a 24-hour trading volume of $ 996.46 million. With a market capitalization of $ 5.99 billion and a market dominance of 0.34%, the ICP price has surged by 24.01% in the past 24 hours.

The highest recorded price for Internet computers occurred on May 10, 2021, reaching an all-time high of $ 497.71. Conversely, its lowest point was noted on Sep 22, 2023, at an all-time low of $ 2.86.

The lowest price observed since the all-time high was $ 2.86 during a cycle low, while the highest ICP price since the last cycle low was $ 16.30 during a cycle high. Presently, the sentiment for Internet Computer’s price prediction is bullish, complemented by a Fear & Greed Index reading of 76, indicating extreme greed.

With a circulating supply of 455.04 million ICP out of a maximum supply of 488.51 million ICP, the current yearly supply inflation rate stands at 65.93%, resulting in the creation of 180.81 million ICP in the last year. In the Layer 1 sector, Internet Computer currently holds the 12th position based on market capitalization.

Functioning as a decentralized and serverless cloud platform, it empowers developers to construct decentralized applications within its ecosystem. These applications mimic the web experience but operate independently of traditional cloud infrastructure.

Floki Inu Dropped -27.94% In Last Month And Is Predicted To Reach $ 0.000233 !!

#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC The information provided is for general purposes only.Floki Inu is up 3.75% today against the US Dollar
FLOKI/ETH increased by 2.40% today
Floki Inu is currently trading 25.15% below our prediction on Apr 27, 2024
Floki Inu dropped -27.94% in the last month and is up 517.42% since 1 year ago
Floki Inu price $ 0.000175
Floki Inu prediction $ 0.000233 (31.20%)
Sentiment Bullish
Fear & Greed index 73 (Greed)
Key support levels $ 0.000162, $ 0.000153, $ 0.000145
Key resistance levels $ 0.000179, $ 0.000187, $ 0.000196
FLOKI Price Is Expected To Rise By 31.20% In The Next 5 Days According To Our Floki Inu Price Prediction

Floki Inu price today is trading at $ 0.000175 after gaining 3.75% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 3.10% in the same time period. FLOKI performed well against BTC today and recorded a 0.88% gain against the world’s largest cryptocurrency.

According to our Floki Inu price prediction, FLOKI is expected to reach a price of $ 0.000233 by Apr 27, 2024. This would represent a 31.20% price increase for FLOKI in the next 5 days.

Floki Inu has been displaying a negative trend recently, as the coin lost -27.94% in the last 30-days. The medium-term trend for Floki Inu has been bullish, with FLOKI increasing by 521.75% in the last 3 months. The long-term picture for Floki Inu has been positive, as FLOKI is currently displaying a 517.42% 1-year price change. On this day last year, FLOKI was trading at $ 0.000028.

The sentiment in the Floki Inu markets is currently Bullish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.000162, $ 0.000153 and $ 0.000145, while $ 0.000179, $ 0.000187 and $ 0.000196 are the key resistance levels.

LUNA CLASSIC’S RALLY AND DIP: BITBOT CRYPTO PRESALE DRAWS FOCUS !!

#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC The crypto market has seen some wild shifts lately. Namely from the likes of Lunar Classic, with a surprising rally and subsequent dip, Luna Classic is currently down 100% from its ATH. Meanwhile, the Bitbot crypto presale, raising an impressive $2.6m in only 13 weeks, has emerged as a hidden gem, presenting itself as a beacon of quality for investors, attracting attention away from questionable projects and associated figures like Do Kwon, the founder of Luna.

Luna Classic’s rally and dip: Do Kwon delivers final remarks in his trial !!

The price of Terra Luna Classic (LUNC) fell as the legal representatives of Terraform Labs and its founder, Do Kwon, prepared their closing arguments in a civil court case. The SEC has charged the company and Kwon with deceiving investors regarding the stability of the TerraUSD stablecoin, leading to allegations of fraud.
Despite LUNC’s remarkable initial 45% gain within a month, reaching $0.000199 with a significant increase in trading volume, it faced a downturn, dropping 31% in the past month, prompting a notable sell-off.Overall, despite Luna Classic’s loyal following, its legal troubles have left a mark on investor confidence. Now, investors are eyeing fresh opportunities like Bitbot, seeking stronger returns ahead of the Bitcoin halving.

LUNC News: Terra Classic Community Restores Key IBC, Revives Liquidity !!

#bitcoinhalving #BullorBear #Memecoins #WIF #SHIB LUNC News: Terra Luna Classic community has approved a key proposal to update the IBC client between Terra Classic and Kujira (from 07-tendermint-178 to 07-tendermint-246), allowing the connection between the two chains to work again. This will open up liquidity while free up frozen funds, improving the Terra Classic revival effort.

Terra Classic Proposal To Restore IBC to Kujira Approved

Proposal 12099 “Restore IBC to Kujira” is approved by the Terra Luna Classic community, with the proposal receiving unanimous support. The RakoffToken team proposed to re-enable IBC client 07-tendermint-178 connection between Terra Classic and Kujira.

The IBC client 07-tendermint-178 will be upgraded to IBC client 07-tendermint-246 to restore the connection between the chains and free up frozen funds.The proposal has received 99.99% of the votes in favor from the community, indicating the unanimous support from the community in restoring the lost connection between chains through inter-blockchain communication (IBC). Validators also showed unwavering support with 36 validators including Allnodes, Interstellar Lounge, HappyCattyCrypto, Luna Station 88.

Meanwhile, the community actively looks for a complete solution to resolve risks of peer-to-peer storm attacks. Genuine Labs’ proposal to decrease MaxBlockSize from 5mb to 2mb as an initial security measure to counter peer-to-peer spam.

LUNC and USTC Prices Performance

LUNC price jumped 1% in the last 24 hours and 6% in a week, with the price currently trading at $0.0001112. The 24-hour high and low are $0.0001063 and $0.0001121, respectively. Moreover, trading volume decreased slightly in the last 24 hours, indicating a rise in interest among traders. The community remains confident on LUNC price hitting $1. Meanwhile, USTC price is also up 1% after it climbed 20% higher last week, with the price currently trading at $0.0200. The 24-hour low and high are $0.01918 and $0.02036, respectively.

Ethena Price Resurgence: Can 2-Day Affluence Assist It To Rise ?

#bitcoinhalving #BullorBear #Memecoins #WIF #SHIB The Ethena price experienced an impressive upswing of nearly 11% in the last 24 hours and over 25% in the previous two sessions. The recent price performance demonstrates remarkable market strength and sets it apart as a standout performer among the other cryptocurrencies.

Moreover, the recent price surge has aided relief to the traders and investors eagerly waiting for a recovery after a sharp fall from the record highs in the last week. Let’s analyze whether this recovery will continue to cure the investors’ wounds or fade away. Investor sentiment toward Ethena has surged significantly in recent sessions, indicating higher confidence in its long-term potential. This positivity is likely driven by the recent advancements in the ENA’s ecosystem, including strategic partnerships and innovations.

Furthermore, the broader market dynamics, such as the growing adoption of blockchain technologies and increasing interest in cryptocurrencies, have led to a base formation of a favorable environment for ENA’s growth. Although there was a significant drop in Ethena’s price last week, there was no indication of any selloff in the wallets with large amounts of cryptocurrency. As per the data collected from the app.santiment.net website, the recent sessions have shown that “whales,” who are usually known as large wallet holders, have significantly increased their accumulation of cryptocurrency. Initially, these large wallets held 97.29% of the total supply, and this percentage has now risen to 97.35% in recent sessions.
Technical Point Of View!

Additionally, at the time of writing, the RSI line (which measures momentum) is placed above the mean line, with a value of approximately 53.17. It suggests that the outlook for the asset is positive. Furthermore, a crossover of both lines was observed on the 4-hour chart, which typically indicates a bullish scenario. Overall, these technical indicators point to a potentially positive trend for crypto

LUNC Revival Efforts Continue: Terra Community Set To Pass Important Proposal !!

#bitcoinhalving #BullorBear #Memecoins #WIF #SHIB The Terra community has initiated crucial proposals that could revive the cryptocurrency by bringing new changes to the Terra Classic ecosystem. With the voting process still ongoing and community feedback highlighting a potentially positive outcome, the price of LUNC, the native token of Terra Classic, has seen a major uptick.

Terra Community Set To Pass New Proposal
The Terra Classic community is set to pass two new proposals for the ecosystem, involving the decrease of maximum block size and the increase of gas fees by 10x. The voting process for the proposals is still ongoing, with only one day, and over one hour left to officially announce the results.

Reports from Validator info, a real-time data analytics platform have revealed that the proposal regarding reducing the maximum block size has gathered a staggering number of votes. Currently, 99.88% of community members and validators have voted in favor of the plan, while only a mere 0.11% have expressed opposition.

On the other hand, the second proposal to increase gas fees by 10x has had a negative reaction from Terra community members. LUNC Prices Leap Amid
Declining Trading Volume.The community’s favorable outlook on the proposals appears to have had a positive effect on the price of LUNC. Reports have revealed that the cryptocurrency witnessed a surge of over 10% in just a day. Additionally, LUNC’s trading volume had increased by over 500%.
However, despite the dramatic increase, other critical metrics remained bearish. Santiment charts disclosed a reduction in LUNC’s developmental activities and social volume. Moreover, the cryptocurrency has experienced a major price reversal. At the time of writing Terra Classic (LUNC) is trading at $0.00011, marking a 28.5% decline over the past month and a 0.21% decrease in the past 24 hours. The cryptocurrency’s 24-hour trading volume has also plummeted significantly, reflecting a 44.9% decrease.

AI predicts Terra Classic price for May 1, 2024 !!!

#bitcoinhalving #BullorBear #Memecoins #WIF #SHIB Terra Classic (LUNC) has been trading relatively high in the last 48 hours or so – especially compared to its broader 30-day performance.
Still, the token is far from out of the woods. On the one hand, LUNChas been trading with substantial volatility in the last 24 hours and, at the time of publication, appears poised to solidify a renewed decline.On the other hand, despite the latest surge in price, Terra Classic’s price remains substantially below its 2024 prices and nearly 25% in the red in the last 30 days of trading.

With the hopes and concerns in mind, Finbold decided to consult the predictive artificial intelligence (AI) algorithms of a platform specializing in forecasting future prices – PricePredictions – on where the LUNC price may find itself at the start of May

According to the AI algorithms of PricePredictions, Terra Classic is likely to decisively end its 30-day downtrend but, simultaneously, it is unlikely to turn the recent rally into a more significant bull run.

Indeed, the platform forecasts that on May 1, LUNC will trade at $0.000110, meaning the cryptocurrency is expected to essentially make no significant moves in the coming days given that, at press time, it is priced at $0.0001105.
Still, given LUNC’s performance in recent weeks, the fact it offered only 13 green days out of the last 30, and that it is trading below its 200-day simple moving average, such prolonged stability appears unlikely.

The doubts are corroborated by technical analysis (TA) retrieved from TradingView on April 22, which almost universally rates Terra Classic as a sell across both oscillators and moving averages – though it is noteworthy that oscillators do flip to buy without affecting the overall ‘sell’ rating when based on the daily chart. Whether the crypto market brings strength, weakness, or stability to LUNC in the coming weeks, the token’s performance has been anything but certain in recent weeks and months.

Book Of Meme Price Prediction: Can BOME Reclaim Highs Again?

#bitcoinhalving #BullorBear #Memecoins #WIF #SHIB Book of Meme (BOME) might emerge as one such contender if investors are looking for potential winners following the recent conclusion of the Bitcoin halving. BOME is a Solana-based meme coin that is currently trading at $0.01001. Although it has experienced minor fluctuations in the past day and week, it has seen an impressive surge of 917.24% since its inception.As the market buzzes with speculations, investors are apprehensive about whether BOME will continue to provide impressive returns or lose the gains. Let’s delve into further details to understand the potential of Book of Meme crypto in the upcoming sessions.

Book of Meme (BOME) was at $0.0100, recording a positive development of 2.16% in the last 24 hours. Last week, the memecoin faced selling pressure, with its value dropping by nearly 40%.
This week, the bulls made a comeback at the lower levels and BOME has managed to recover nearly 75% of the losses incurred in the last week.

Despite these short-term fluctuations, the overall trend remains largely positive, with a surge of 917.24% since its inception.According to the CoinMarketCap website, BOME is currently the 120th largest cryptocurrency, with a market capitalization of $620.59 million. Out of a total supply of 69 billion BOME tokens, 55.2 billion tokens are currently in circulation. Although trading volume has decreased by 24.28% within the past 24 hours, BOME still maintains a healthy volume-to-market cap ratio of 44.26%. This suggests sustained interest and liquidity.

The RSI for BOME is at 53.98, indicating strong buying interest among users. Additionally, the SMA at 51.96 points has formed a bullish crossover with the RSI. This is often a sign of continued upward momentum in the absence of bearish signals.

In March, The higher RSI values led to a significant price correction. However, recent buying growth suggests that BOME’s current RSI level could indicate sustained buying pressure rather than an imminent reversal.