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Is Terra Luna Price Recovering in 2024 Volatility in the cryptocurrency market is the order of the day, and Terra Luna Classic (LUNA) has stood out as one of its most captivating narratives. After declining massively in 2022, Terra Luna is trying to make a comeback in 2024. Falling by 100% from its peak 2 years ago, to soaring in value by over 20% in the past month, LUNC price trajectory is worth investigating. This article explores the reasons for this possible comeback, analyzing technical analysis, market sentiment, and recent developments in the Terra ecosystem Terra Luna, a project of Terraform Labs, has stood out in the crypto industry for its unique strategy with stablecoins. The main purpose of the platform was to transform digital payments through developing algorithmic stablecoins tied to various fiat currencies, supported by the LUNA token However, in May 2022, Terra Luna encountered a major setback, when its stablecoin UST deviated from its target price. This led to LUNA collapsing drastically in value This occurrence greatly damaged investor trust and prompted Terraform Labs to make a significant rebranding push to regain confidence in the network. Market Performance of Terra Luna In 2024, Terra Classic (LUNC) demonstrated a significant bounce back, being traded at $0.0001211 and holding a market capitalization of $701.54 million In the previous week, LUNC price has experienced an 8% increase, maintaining a favorable pattern with a 24.55% growth in the last month and a 43.66% rise in the last year Despite of LUNC trading 100% lower than its all time high of $119.18 it achieved two years ago, its recovery is fueled by growing market confidence and rejuvenated investor enthusiasm Understanding price trends is essential and moving averages play a vital role in achieving this. The EMA and SMA for LUNC show a positive outlook Although the 100-day SMA indicates a sell signal, shorter-term moving averages point to a buying trend, signaling a possible short-term uptrend.
Is Terra Luna Price Recovering in 2024
Volatility in the cryptocurrency market is the order of the day, and Terra Luna Classic (LUNA) has stood out as one of its most captivating narratives. After declining massively in 2022, Terra Luna is trying to make a comeback in 2024. Falling by 100% from its peak 2 years ago, to soaring in value by over 20% in the past month, LUNC price trajectory is worth investigating. This article explores the reasons for this possible comeback, analyzing technical analysis, market sentiment, and recent developments in the Terra ecosystem
Terra Luna, a project of Terraform Labs, has stood out in the crypto industry for its unique strategy with stablecoins. The main purpose of the platform was to transform digital payments through developing algorithmic stablecoins tied to various fiat currencies, supported by the LUNA token
However, in May 2022, Terra Luna encountered a major setback, when its stablecoin UST deviated from its target price. This led to LUNA collapsing drastically in value
This occurrence greatly damaged investor trust and prompted Terraform Labs to make a significant rebranding push to regain confidence in the network.

Market Performance of Terra Luna
In 2024, Terra Classic (LUNC) demonstrated a significant bounce back, being traded at $0.0001211 and holding a market capitalization of $701.54 million
In the previous week, LUNC price has experienced an 8% increase, maintaining a favorable pattern with a 24.55% growth in the last month and a 43.66% rise in the last year
Despite of LUNC trading 100% lower than its all time high of $119.18 it achieved two years ago, its recovery is fueled by growing market confidence and rejuvenated investor enthusiasm
Understanding price trends is essential and moving averages play a vital role in achieving this. The EMA and SMA for LUNC show a positive outlook
Although the 100-day SMA indicates a sell signal, shorter-term moving averages point to a buying trend, signaling a possible short-term uptrend.
insists its virtual mempool is different, and is necessary for addressing Ethereum's large hidden costs. "We're not going to try to take over Ethereum or something," said Linehan, "but there's no way that this becomes the base layer for the future of the global economy if it's wasting $400 million of its users' money every year on things that literally do nothing for them. That's pure waste When a user tells a blockchain wallet to submit a transaction to a chain like Ethereum, they are typically sending that transaction to a public mempool – a waiting area for yet-to-be-confirmed transactions operated by a decentralized network of bots and traders. "Block builders" and "searchers" work together to assemble transactions into bundles, called blocks, which eventually get written to the blockchain's digital ledger Builders and searchers scour the mempool for profitable trading opportunities and will sometimes re-order transactions or squeeze their own trades into blocks to extract an extra profit for themselves. This phenomenon, "maximal extractable value," can sometimes lead to higher costs, failed transactions and slow-downs for everyday blockchain users Metamask will leverage some of these same operators – builders and searchers – to power its virtual mempool. Unlike on Ethereum's public mempool, the virtual mempool's builders and searchers will be financially penalized if they fail to execute transactions at the prices quoted by MetaMask to users Linehan says "95%" of the builders and searchers that currently operate Ethereum have already opted into its virtual mempool program, which will begin rolling out in phases over the course of this week. A more limited version of the tech, "Smart Swaps," has already been available for several months The size of MetaMask's virtual mempool network – combined with its transparent inner workings and novel incentive scheme – makes it wholly unique from conventional private mempools, said Linehan In addition to ensuring better prices for users, Linehan says that the Smart Transactions feature will make it easier for
insists its virtual mempool is different, and is necessary for addressing Ethereum's large hidden costs.
"We're not going to try to take over Ethereum or something," said Linehan, "but there's no way that this becomes the base layer for the future of the global economy if it's wasting $400 million of its users' money every year on things that literally do nothing for them. That's pure waste
When a user tells a blockchain wallet to submit a transaction to a chain like Ethereum, they are typically sending that transaction to a public mempool – a waiting area for yet-to-be-confirmed transactions operated by a decentralized network of bots and traders. "Block builders" and "searchers" work together to assemble transactions into bundles, called blocks, which eventually get written to the blockchain's digital ledger
Builders and searchers scour the mempool for profitable trading opportunities and will sometimes re-order transactions or squeeze their own trades into blocks to extract an extra profit for themselves. This phenomenon, "maximal extractable value," can sometimes lead to higher costs, failed transactions and slow-downs for everyday blockchain users
Metamask will leverage some of these same operators – builders and searchers – to power its virtual mempool. Unlike on Ethereum's public mempool, the virtual mempool's builders and searchers will be financially penalized if they fail to execute transactions at the prices quoted by MetaMask to users
Linehan says "95%" of the builders and searchers that currently operate Ethereum have already opted into its virtual mempool program, which will begin rolling out in phases over the course of this week. A more limited version of the tech, "Smart Swaps," has already been available for several months
The size of MetaMask's virtual mempool network – combined with its transparent inner workings and novel incentive scheme – makes it wholly unique from conventional private mempools, said Linehan
In addition to ensuring better prices for users, Linehan says that the Smart Transactions feature will make it easier for
Popular Crypto Wallet MetaMask Rolls Out 'Smart Transactions' to Combat Ethereum Front-Running MetaMask, the most popular crypto wallet for Ethereum, is rolling out a new feature this week designed to help users avoid the consequences of maximal extractable value, or MEV The optional new feature, called Smart Transactions, will allow users to submit transactions to a "virtual mempool" before they are officially cemented on-chain. According to Consensys, the company behind MetaMask, the virtual mempool will protect against certain kinds of MEV strategies, and it will run behind-the-scenes simulations of transactions to help users get lower fees MEV is extra profit that blockchain operators can extract from users by previewing or re-ordering transactions before they are written to the network, sometimes likened to the unsavory practice of front-running orders in traditional financial markets. MEV has a major impact on how Ethereum operates – boosting prices for users, slowing down transaction speeds, and even causing transactions to fail under certain network conditions There's $400 million every year that are being wasted on reverting transactions, stuck transactions, and just very obviously predatory MEV front-running and sandwich attacks," Jason Linehan, director of the Special Mechanisms Group division of Consensys, said in an interview Everyone agrees it's a huge problem," said Linehan. "From a user experience perspective, the idea that you pay for a transaction that does nothing, that's, like, nonsensical." MetaMask's solution – its virtual mempool – bears some resemblance to a private mempool, which has become an increasingly popular strategy for ensuring transaction privacy and protecting against MEV. It's the platform's first step in a much more ambitious roadmap, which CoinDesk reported on earlier this year, to radically shift how MetaMask routes transactions to Ethereum under the hood Private mempool services can sometimes raise centralization concerns since they allow middlemen to touch transactions before they are published to Ethereum. Consensys
Popular Crypto Wallet MetaMask Rolls Out 'Smart Transactions' to Combat Ethereum Front-Running

MetaMask, the most popular crypto wallet for Ethereum, is rolling out a new feature this week designed to help users avoid the consequences of maximal extractable value, or MEV
The optional new feature, called Smart Transactions, will allow users to submit transactions to a "virtual mempool" before they are officially cemented on-chain. According to Consensys, the company behind MetaMask, the virtual mempool will protect against certain kinds of MEV strategies, and it will run behind-the-scenes simulations of transactions to help users get lower fees
MEV is extra profit that blockchain operators can extract from users by previewing or re-ordering transactions before they are written to the network, sometimes likened to the unsavory practice of front-running orders in traditional financial markets. MEV has a major impact on how Ethereum operates – boosting prices for users, slowing down transaction speeds, and even causing transactions to fail under certain network conditions
There's $400 million every year that are being wasted on reverting transactions, stuck transactions, and just very obviously predatory MEV front-running and sandwich attacks," Jason Linehan, director of the Special Mechanisms Group division of Consensys, said in an interview
Everyone agrees it's a huge problem," said Linehan. "From a user experience perspective, the idea that you pay for a transaction that does nothing, that's, like, nonsensical."
MetaMask's solution – its virtual mempool – bears some resemblance to a private mempool, which has become an increasingly popular strategy for ensuring transaction privacy and protecting against MEV. It's the platform's first step in a much more ambitious roadmap, which CoinDesk reported on earlier this year, to radically shift how MetaMask routes transactions to Ethereum under the hood
Private mempool services can sometimes raise centralization concerns since they allow middlemen to touch transactions before they are published to Ethereum. Consensys
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Bitcoin is Pricing in Two Fed Rate Cuts For 2024, Trader Says Bitcoin remains above $70K as Asia begins its trading day One trader told CoinDesk that its too early to tell if slowing GBTC outflows will be a positive sign for bitcoin's price Bitcoin (BTC) looks to extend Wednesday's gain, trading near $70,800 while ether {{ETH}} changed hands above $3,500 as the market continues to digest a higher-than-expected U.S. CPI and slowing outflows from the Grayscale Bitcoin Trust (GBTC) Bitcoin exhibited strength against a hawkish CPI report and strong inflation data seeing only a retracement back down to $67,000 following the fed minutes announcement," Semir Gabeljic, director of Capital Formation at Pythagoras Investments, said in an email note. "[Still] The drop of -2% from Monday's retest of $73,000 showcases risk assets, including BTC, pricing in two rate cuts instead of three for the remainder of 2024 Bettors on decentralized predictions platform Polymarket seem to be evenly split on the number of rate cuts by the end of 2024 Twenty-six percent of bettors have put money on there being one cut, while 28% believe there will be two cuts, and 21% bet on no cuts at all. Meanwhile, Jun-Young Heo, a derivative trader at Singapore-based Presto, pointed out that the market recovered quickly after the higher-than-expected CPI announcement compared to gold or the S&P 500 index. The implied volatility of options expiring on April 26th is still trading at a premium while recent historical volatility is still trending down, Heo noted. Some market participants are noting that bitcoin prices are reacting favorably to slower than usual outflows from the Grayscale Bitcoin Trust (GBTC) On-chain data shows that outflow from GBTC is at $18 million, which is the lowest since the launch of the U.S. bitcoin ETFs. "But we need to see a few more dates to find out whether GBTC outflows are becoming negligible amount since it has a higher fee than any other ETFs," Heo added
Bitcoin is Pricing in Two Fed Rate Cuts For 2024, Trader Says

Bitcoin remains above $70K as Asia begins its trading day
One trader told CoinDesk that its too early to tell if slowing GBTC outflows will be a positive sign for bitcoin's price
Bitcoin (BTC) looks to extend Wednesday's gain, trading near $70,800 while ether {{ETH}} changed hands above $3,500 as the market continues to digest a higher-than-expected U.S. CPI and slowing outflows from the Grayscale Bitcoin Trust (GBTC)
Bitcoin exhibited strength against a hawkish CPI report and strong inflation data seeing only a retracement back down to $67,000 following the fed minutes announcement," Semir Gabeljic, director of Capital Formation at Pythagoras Investments, said in an email note. "[Still] The drop of -2% from Monday's retest of $73,000 showcases risk assets, including BTC, pricing in two rate cuts instead of three for the remainder of 2024
Bettors on decentralized predictions platform Polymarket seem to be evenly split on the number of rate cuts by the end of 2024
Twenty-six percent of bettors have put money on there being one cut, while 28% believe there will be two cuts, and 21% bet on no cuts at all.
Meanwhile, Jun-Young Heo, a derivative trader at Singapore-based Presto, pointed out that the market recovered quickly after the higher-than-expected CPI announcement compared to gold or the S&P 500 index.
The implied volatility of options expiring on April 26th is still trading at a premium while recent historical volatility is still trending down, Heo noted.
Some market participants are noting that bitcoin prices are reacting favorably to slower than usual outflows from the Grayscale Bitcoin Trust (GBTC)
On-chain data shows that outflow from GBTC is at $18 million, which is the lowest since the launch of the U.S. bitcoin ETFs.
"But we need to see a few more dates to find out whether GBTC outflows are becoming negligible amount since it has a higher fee than any other ETFs," Heo added
Fantom (FTM) Launching Bridged Version of USDC As New Official Ecosystem Stablecoin Ethereum (ETH) rival Fantom (FTM) is launching a new “canonical” stablecoin in partnership with USDC-issuer Circle. Fantom will utilize the cross-chain messaging protocol Wormhole (W) to roll out the new stablecoin, USDC.e Explains the Fantom Foundation, “USDC.e on Wormhole is bridged from native USDC, located in a smart contract on Ethereum, and holds the potential to be upgraded to native USDC in the future. It will be the official, endorsed stablecoin of the Fantom ecosystem (and all future network upgrades).” This initiative reduces liquidity fragmentation, introduces stability, and provides additional on-ramps to the ecosystem. By leveraging the Wormhole Native Token Transfers (NTT) standard, USDC.e will be available to all users and developers on Fantom.” The Fantom Foundation also notes that if it comes to a mutual decision with Circle to upgrade to the actual USDC stablecoin, all USDC.e tokens will transition to the native asset “seamlessly.” FTM is trading at $0.856 at time of writing. The 52nd-ranked crypto asset by market cap is up more than 4% in the past 24 hours. Top US crypto exchange Coinbase and Circle co-created USDC in 2018 and jointly managed the asset, which aims to maintain a peg to the US dollar, through the Centre Consortium until last year. In August, Coinbase Chief Executive Brian Armstrong and Circle CEO Jeremy Allaire said that Circle would bring all of USDC’s governance and operations responsibilities in-house. Don't Miss a
Fantom (FTM) Launching Bridged Version of USDC As New Official Ecosystem Stablecoin
Ethereum (ETH) rival Fantom (FTM) is launching a new “canonical” stablecoin in partnership with USDC-issuer Circle.

Fantom will utilize the cross-chain messaging protocol Wormhole (W) to roll out the new stablecoin, USDC.e
Explains the Fantom Foundation,

“USDC.e on Wormhole is bridged from native USDC, located in a smart contract on Ethereum, and holds the potential to be upgraded to native USDC in the future. It will be the official, endorsed stablecoin of the Fantom ecosystem (and all future network upgrades).”

This initiative reduces liquidity fragmentation, introduces stability, and provides additional on-ramps to the ecosystem. By leveraging the Wormhole Native Token Transfers (NTT) standard, USDC.e will be available to all users and developers on Fantom.”

The Fantom Foundation also notes that if it comes to a mutual decision with Circle to upgrade to the actual USDC stablecoin, all USDC.e tokens will transition to the native asset “seamlessly.”

FTM is trading at $0.856 at time of writing. The 52nd-ranked crypto asset by market cap is up more than 4% in the past 24 hours.

Top US crypto exchange Coinbase and Circle co-created USDC in 2018 and jointly managed the asset, which aims to maintain a peg to the US dollar, through the Centre Consortium until last year.

In August, Coinbase Chief Executive Brian Armstrong and Circle CEO Jeremy Allaire said that Circle would bring all of USDC’s governance and operations responsibilities in-house.

Don't Miss a
Bitcoin’s 2028 halving price target is $435K, historical data suggests While the halving is associated with Bitcoin bull cycles, the current rally is mainly driven by ETF inflows argues Bybit’s Yang The Bitcoin price BTC $67,943 resulting in a roughly $303,600 BTC price at the 2028 halving
Bitcoin’s 2028 halving price target is $435K, historical data suggests

While the halving is associated with Bitcoin bull cycles, the current rally is mainly driven by ETF inflows argues Bybit’s Yang
The Bitcoin price
BTC $67,943
resulting in a roughly $303,600 BTC price at the 2028 halving
Saga (SAGA) Debuts on Binance as Its 51st Launchpool Project Saga Protocol’s native token, SAGA, will debut on Binance on April 9. Binance has announced the 51st project in its Launchpool. Users will be able to farm the project’s native token for a limited time. The token will then be listed on Binance. The world’s leading crypto exchange by trade volume, Binance, has announced Saga (SAGA) as its 51st Launchpool project. Saga is a Layer 1 protocol that allows developers to leverage “Chainlets” to build applications with “infinite” horizontal scalability. The project has raised $15 million and has partnerships with Polygon, Avalanche, Celestia, Marble, and Com2uS In an announcement dated April 4, Binance unveiled Saga as the 51st project on Binance Launchpool. It invited users to stake their BNB and FDUSD into separate pools to farm SAGA tokens over four days. Farming will run from April 5 to April to April 9, after which Binance will become the first exchange to list SAGA at around 14:00 (UTC). The token will launch with five trading pairs, including SAGA/BTC, SAGA/USDT, SAGA/BNB, SAGA/FDUSD, and SAGA/TRY. As of April 4, the total supply of SAGA is 1,000,000,000, with 45,000,000 (4.5% of the total supply) allocated for Binance Launchpool rewards. When listed on Binance, the token will debut with an initial circulating supply of 90,000,000 (9% of the total). The SAGA token can be used for a range of use cases, including staking and governance. Notably, developers on the Saga Protocol will use the token to pay network validators to instantiate and “keep their Chainlets alive.” Binance said participation in Launchpool is subject to eligibility based on the user’s country of residence and completion of KYC processes to verify their accounts. In addition to the U.S., users from Japan Australia, Canada, New Zealand, and the Netherlands, among other prohibited countries, will be unable to participate in farming SAGA Stay updated on the ARC-20 token support on Binance Inscription Marketplace Binance Inscription Marketplace Enables ARC-20 Token Support
Saga (SAGA) Debuts on Binance as Its 51st Launchpool Project
Saga Protocol’s native token, SAGA, will debut on Binance on April 9.
Binance has announced the 51st project in its Launchpool.
Users will be able to farm the project’s native token for a limited time.
The token will then be listed on Binance.
The world’s leading crypto exchange by trade volume, Binance, has announced Saga (SAGA) as its 51st Launchpool project.
Saga is a Layer 1 protocol that allows developers to leverage “Chainlets” to build applications with “infinite” horizontal scalability. The project has raised $15 million and has partnerships with Polygon, Avalanche, Celestia, Marble, and Com2uS
In an announcement dated April 4, Binance unveiled Saga as the 51st project on Binance Launchpool. It invited users to stake their BNB and FDUSD into separate pools to farm SAGA tokens over four days.
Farming will run from April 5 to April to April 9, after which Binance will become the first exchange to list SAGA at around 14:00 (UTC). The token will launch with five trading pairs, including SAGA/BTC, SAGA/USDT, SAGA/BNB, SAGA/FDUSD, and SAGA/TRY.
As of April 4, the total supply of SAGA is 1,000,000,000, with 45,000,000 (4.5% of the total supply) allocated for Binance Launchpool rewards. When listed on Binance, the token will debut with an initial circulating supply of 90,000,000 (9% of the total).
The SAGA token can be used for a range of use cases, including staking and governance. Notably, developers on the Saga Protocol will use the token to pay network validators to instantiate and “keep their Chainlets alive.”
Binance said participation in Launchpool is subject to eligibility based on the user’s country of residence and completion of KYC processes to verify their accounts. In addition to the U.S., users from Japan Australia, Canada, New Zealand, and the Netherlands, among other prohibited countries, will be unable to participate in farming SAGA
Stay updated on the ARC-20 token support on Binance Inscription Marketplace
Binance Inscription Marketplace Enables ARC-20 Token Support
Binance Announces Expanded Support for Solana Meme Coins WIF and BOME Binance, the world's leading cryptocurrency exchange, has unveiled plans for a significant expansion in its trading tools, targeting several cryptocurrencies within the Solana blockchain ecosystem. Notably, the exchange's latest move shines a spotlight on meme tokens Dogwifhat (WIF) and Book of Meme (BOME), along with Jito Network (JTO) The decision to extend support for these particular tokens underscores their prominence within the Solana ecosystem. With trading volumes reaching staggering figures – $552.84 million for WIF, $460.38 million for JTO and $665.33 million for BOME, according to CoinMarketCap – it is evident that these assets have garnered substantial interest from traders and investors While Jito Network stands out for its tangible applications and fundamentals as a liquid staking project, Dogwifhat and Book of Meme have made headlines as meme coins on Solana. Despite their silly origins, both tokens have soared to unprecedented heights, achieving billion-dollar capitalizations within a couple of months. Binance's move to incorporate these meme coins into its trading portfolio signals a strategic effort to tap into the enthusiasm surrounding them. By offering enhanced trading options and enabling Spot Algo Orders Trading Bots services for BOME/USDC, JTO/USDC and WIF/USDC trading pairs, the exchange aims to cater to the evolving needs of its users, while capitalizing on the growing popularity of these assets In essence, Binance's announcement not only reflects the vibrancy of the Solana ecosystem but also underscores the exchange's proactive stance in adapting to emerging trends within the crypto space
Binance Announces Expanded Support for Solana Meme Coins WIF and BOME
Binance, the world's leading cryptocurrency exchange, has unveiled plans for a significant expansion in its trading tools, targeting several cryptocurrencies within the Solana blockchain ecosystem. Notably, the exchange's latest move shines a spotlight on meme tokens Dogwifhat (WIF) and Book of Meme (BOME), along with Jito Network (JTO)
The decision to extend support for these particular tokens underscores their prominence within the Solana ecosystem. With trading volumes reaching staggering figures – $552.84 million for WIF, $460.38 million for JTO and $665.33 million for BOME, according to CoinMarketCap – it is evident that these assets have garnered substantial interest from traders and investors
While Jito Network stands out for its tangible applications and fundamentals as a liquid staking project, Dogwifhat and Book of Meme have made headlines as meme coins on Solana. Despite their silly origins, both tokens have soared to unprecedented heights, achieving billion-dollar capitalizations within a couple of months.
Binance's move to incorporate these meme coins into its trading portfolio signals a strategic effort to tap into the enthusiasm surrounding them. By offering enhanced trading options and enabling Spot Algo Orders Trading Bots services for BOME/USDC, JTO/USDC and WIF/USDC trading pairs, the exchange aims to cater to the evolving needs of its users, while capitalizing on the growing popularity of these assets
In essence, Binance's announcement not only reflects the vibrancy of the Solana ecosystem but also underscores the exchange's proactive stance in adapting to emerging trends within the crypto space
The next crypto sentencing: Binance's "CZ" set for April 30 Changpeng "CZ" Zhao will be sentenced in a federal court in Washington state this month after pleading guilty to one count of violating the Bank Secrecy Act Why it matters: CZ and Sam Bankman-Fried (SBF), both founders of enormous and innovative cryptocurrency exchanges, were the two biggest names in the industry through the last boom, and are now both condemned before the courts of the United States. Catch up fast: In November, less than three weeks after SBF was found guilty in New York of defrauding FTX customers and investors, CZ was charged across the country with one count of failure to maintain an anti-money laundering program at Binance CZ's guilty plea was part of a larger deal with the U.S. government that also saw him stepping down as CEO, and his company paying a $4.3 billion settlement. The big picture: The question now is how badly it will go for CZ, SBF's first investor and the one who brought him down. The nature of charges against the two men were vastly different, as are their expected sentences SBF just received 25 years, while the charges against CZ reportedly call for up to 18 months in prison Between the lines: CZ was released on a $175 million bond but has not been allowed to leave the U.S In the charges against him, prosecutors describe how Binance allowed users to start accounts with nothing more than an email address, so long as they stuck to cryptocurrency-only transactions that is they deposited funds in cryptocurrency and withdrew it the same way There were some limits on how much a user could withdraw, but there were also easy workarounds In 2021,the company started to tighten requirements around vetting its customers but that didn't change what had happened before While Binance developed an internal process for flagging suspicious activity Binance never filed an SAR [suspicious activity report] with FinCen the indictment signed by Tessa Gorman, acting U.S. attorney, and others, noted Zoom out:Questions have long swirled around Binance but nothing seemed to stick Until it did
The next crypto sentencing: Binance's "CZ" set for April 30
Changpeng "CZ" Zhao will be sentenced in a federal court in Washington state this month after pleading guilty to one count of violating the Bank Secrecy Act
Why it matters: CZ and Sam Bankman-Fried (SBF), both founders of enormous and innovative cryptocurrency exchanges, were the two biggest names in the industry through the last boom, and are now both condemned before the courts of the United States.
Catch up fast: In November, less than three weeks after SBF was found guilty in New York of defrauding FTX customers and investors, CZ was charged across the country with one count of failure to maintain an anti-money laundering program at Binance
CZ's guilty plea was part of a larger deal with the U.S. government that also saw him stepping down as CEO, and his company paying a $4.3 billion settlement.
The big picture: The question now is how badly it will go for CZ, SBF's first investor and the one who brought him down.
The nature of charges against the two men were vastly different, as are their expected sentences SBF just received 25 years, while the charges against CZ reportedly call for up to 18 months in prison
Between the lines: CZ was released on a $175 million bond but has not been allowed to leave the U.S
In the charges against him, prosecutors describe how Binance allowed users to start accounts with nothing more than an email address, so long as they stuck to cryptocurrency-only transactions that is they deposited funds in cryptocurrency and withdrew it the same way
There were some limits on how much a user could withdraw, but there were also easy workarounds
In 2021,the company started to tighten requirements around vetting its customers but that didn't change what had happened before
While Binance developed an internal process for flagging suspicious activity Binance never filed an SAR [suspicious activity report] with FinCen the indictment signed by Tessa Gorman, acting U.S. attorney, and others, noted
Zoom out:Questions have long swirled around Binance but nothing seemed to stick Until it did
BITCOIN let's playHere’s Why the Bitcoin Price Crashed by 5.60% Today Bitcoin, the reigning champion of cryptocurrencies, has shaken the entire crypto realm by witnessing a significant price plummet of 5.60%, landing at $66,000. This sudden dive has left investors and enthusiasts alike scratching their heads, seeking answers behind this startling decline The ripple effect of Bitcoin’s decline was felt across the crypto sphere, with other major cryptocurrencies like Ethereum also witnessing a downturn, trading at lows of $3,320 The primary driver behind this swift decline appears to be widespread liquidations, notably on major exchanges like Binance. A staggering 121,325 traders faced liquidation within the last 24 hours, collectively losing a whopping $395.10 million Adding to the uncertainty, recent reports from QCP Capital have revealed a surge in perpetual funding rates on these platforms, soaring to a whopping 77% before abruptly falling. This underscores the rapid shift in market sentiment Bitcoin’s historic volatility and the looming specter of the April halving have also contributed significantly to today’s sharp decline. Merely weeks ago, on March 14, Bitcoin soared to an all-time high of $74,120, only to nosedive to $66,885, marking a staggering 9% drop in a single day As it stands, Bitcoin’s price stands at $66,607, reflecting a 4.3% drop over the past 24 hours. Despite this downturn, trading volume has seen a remarkable surge, skyrocketing by a staggering 66.8% to reach $40.5 billion, showcasing the true potential of crypto

BITCOIN let's play

Here’s Why the Bitcoin Price Crashed by 5.60% Today
Bitcoin, the reigning champion of cryptocurrencies, has shaken the entire crypto realm by witnessing a significant price plummet of 5.60%, landing at $66,000. This sudden dive has left investors and enthusiasts alike scratching their heads, seeking answers behind this startling decline
The ripple effect of Bitcoin’s decline was felt across the crypto sphere, with other major cryptocurrencies like Ethereum also witnessing a downturn, trading at lows of $3,320
The primary driver behind this swift decline appears to be widespread liquidations, notably on major exchanges like Binance. A staggering 121,325 traders faced liquidation within the last 24 hours, collectively losing a whopping $395.10 million
Adding to the uncertainty, recent reports from QCP Capital have revealed a surge in perpetual funding rates on these platforms, soaring to a whopping 77% before abruptly falling. This underscores the rapid shift in market sentiment
Bitcoin’s historic volatility and the looming specter of the April halving have also contributed significantly to today’s sharp decline. Merely weeks ago, on March 14, Bitcoin soared to an all-time high of $74,120, only to nosedive to $66,885, marking a staggering 9% drop in a single day
As it stands, Bitcoin’s price stands at $66,607, reflecting a 4.3% drop over the past 24 hours. Despite this downturn, trading volume has seen a remarkable surge, skyrocketing by a staggering 66.8% to reach $40.5 billion, showcasing the true potential of crypto
Binance Burns Over 4 Billion Terra Luna Classic Tokens 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 burn events today with Binance burning 4.17 billion Terra Luna Classic (LUNC) tokens, thereby marking the total number of tokens burned by the exchange till date to over 56 billion With the Terra Luna community having previously vowed to burn landmark numbers on LUNC tokens to enhance the price, Binance has shown continued support to the Terra ecosystem under the leadership of the new CEO Richard Teng. Binance’s active commitment to Terra Luna Classic includes not only token burning but also engaging in various initiatives to support the ecosystem According to the announcement, “The 20th version of the LUNC burn initiative by Binance purged around 350 million tokens, symbolizing trading fees collected from February 29 to March 30. Following the token burn event, the prices of LUNC and USTC witnessed a significant upsurge with LUNC rising by 3% and trading at $0.000153. Nonetheless, it is evident from the overall trend that investor interests have renewed in the token and in the long run, Terra Luna tokens will mark a good upward movement
Binance Burns Over 4 Billion Terra Luna Classic Tokens
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 burn events today with Binance burning 4.17 billion Terra Luna Classic (LUNC) tokens, thereby marking the total number of tokens burned by the exchange till date to over 56 billion
With the Terra Luna community having previously vowed to burn landmark numbers on LUNC tokens to enhance the price, Binance has shown continued support to the Terra ecosystem under the leadership of the new CEO Richard Teng. Binance’s active commitment to Terra Luna Classic includes not only token burning but also engaging in various initiatives to support the ecosystem
According to the announcement, “The 20th version of the LUNC burn initiative by Binance purged around 350 million tokens, symbolizing trading fees collected from February 29 to March 30.
Following the token burn event, the prices of LUNC and USTC witnessed a significant upsurge with LUNC rising by 3% and trading at $0.000153. Nonetheless, it is evident from the overall trend that investor interests have renewed in the token and in the long run, Terra Luna tokens will mark a good upward movement
🚀🚀 Coinbase Ethereum Scaler Base Is Booming—And It's All Meme Coins,Of Course Base,the Ethereum layer-2 scaling network incubated by crypto exchange Coinbase hit a daily record of $1.22 billion worth of trading volume at decentralized exchanges (DEXs) on Saturday. The frenzied surge in trading is due to a gold rush for meme coins that has Base-native coins like DEGEN and BRETT hitting over half a billion dollars each in market cap The network set a record for unique daily wallets interacting with a DEX on Saturday with 172,000,according to public blockchain data curated by Dune and nearly matched that total again on Sunday Decentralized exchange (DEX)volume on Base has dropped into the new week—but is still holding significantly higher than previous months, with about $965 million in volume on Sunday, and already $847 million worth so far on Monday as of this writing. As of this writing,Saturday's record is the only day that Base DEX volume has topped the billion-dollar mark The vast majority of that volume is coming from Uniswap the cross-chain decentralized exchange, which sucked up $1.14 billion worth of the Saturday total.Uniswap has held a roughly 90% daily share of Base DEX volume over the past several days Broadly, the Base network has seen a "parabolic"surge in overall transactions tweeted Alex Svanevik, founder and CEO of crypto analytics platform Nansen.The platform's data points to an all-time daily peak of nearly 2.39 million transactions on Friday,the most recent day shown on its Base dashboard With the increase in volume and a significant surge in daily active users, Base might end up being the go-to destination for meme coins for this cycle—at least in the Ethereum ecosystem Other meme coins have even started migrating to Base with HarryPotterObamaSonic10Inu launching a Base version of their token last week.The price briefly spiked to over $10 before coming back down to parity with its Ethereum mainnet counterpart Many traders are calling for Base season in an effort to match the momentum of layer-1 network Solana.For the past few months
🚀🚀
Coinbase Ethereum Scaler Base Is Booming—And It's All Meme Coins,Of Course
Base,the Ethereum layer-2 scaling network incubated by crypto exchange Coinbase hit a daily record of $1.22 billion worth of trading volume at decentralized exchanges (DEXs) on Saturday. The frenzied surge in trading is due to a gold rush for meme coins that has Base-native coins like DEGEN and BRETT hitting over half a billion dollars each in market cap
The network set a record for unique daily wallets interacting with a DEX on Saturday with 172,000,according to public blockchain data curated by Dune and nearly matched that total again on Sunday
Decentralized exchange (DEX)volume on Base has dropped into the new week—but is still holding significantly higher than previous months, with about $965 million in volume on Sunday, and already $847 million worth so far on Monday as of this writing. As of this writing,Saturday's record is the only day that Base DEX volume has topped the billion-dollar mark
The vast majority of that volume is coming from Uniswap the cross-chain decentralized exchange, which sucked up $1.14 billion worth of the Saturday total.Uniswap has held a roughly 90% daily share of Base DEX volume over the past several days
Broadly, the Base network has seen a "parabolic"surge in overall transactions tweeted Alex Svanevik, founder and CEO of crypto analytics platform Nansen.The platform's data points to an all-time daily peak of nearly 2.39 million transactions on Friday,the most recent day shown on its Base dashboard
With the increase in volume and a significant surge in daily active users, Base might end up being the go-to destination for meme coins for this cycle—at least in the Ethereum ecosystem
Other meme coins have even started migrating to Base with HarryPotterObamaSonic10Inu launching a Base version of their token last week.The price briefly spiked to over $10 before coming back down to parity with its Ethereum mainnet counterpart
Many traders are calling for Base season in an effort to match the momentum of layer-1 network Solana.For the past few months
Binance forces conversion of 15 tokens to USDT Cryptocurrency exchange Binance will force the conversion of 15 tokens into USDT The reasons for Binance’s decision are unclear at press time. According to today’s platform announcement, Binance will convert tokens into USDT based on users’ funds in their Binance wallets at midnight on April 21 However, users can withdraw the airdropped or delisted tokens until this time. After the specified time, asset withdrawal will not be available. Deposits of any of the above tokens are no longer supported and will not be credited to user accounts In total, the changes will affect 15 tokens: Moeda Loyalty Points (MDA), Helium (HNT), Mithril (MITH), DFI.Money (YFII), Mirror Protocol (MIR), Venus Reward Token (VRT), TokenClub (TCT), Augur ( REP), EasyFi (EZ), Swerve (SWRV), Boba Network (BOBA), Serum (SRM), Raiden Network Token (RDN), Cobak Token (CBK), OnX Finance (ONX) At the end of March, Binance stopped supporting USDC deposits and withdrawals on the Tron network (TRC20). According to the exchange, USDC stablecoins will not be credited to user accounts via the TRC20 network after April 5. However, users will still be able to continue trading USDC on Binance The decision comes shortly after USDC issuer Circle announced it had stopped supporting the Tron network. USDC will continue to operate on Tron until February 2025, but no new stablecoins will be issued on the network Users will have the opportunity to transfer funds to other blockchains or exchange them for fiat currency. Circle did not disclose the reason for refusing to support the reasonably popular network
Binance forces conversion of 15 tokens to USDT
Cryptocurrency exchange Binance will force the conversion of 15 tokens into USDT
The reasons for Binance’s decision are unclear at press time. According to today’s platform announcement, Binance will convert tokens into USDT based on users’ funds in their Binance wallets at midnight on April 21
However, users can withdraw the airdropped or delisted tokens until this time. After the specified time, asset withdrawal will not be available. Deposits of any of the above tokens are no longer supported and will not be credited to user accounts
In total, the changes will affect 15 tokens: Moeda Loyalty Points (MDA), Helium (HNT), Mithril (MITH), DFI.Money (YFII), Mirror Protocol (MIR), Venus Reward Token (VRT), TokenClub (TCT), Augur ( REP), EasyFi (EZ), Swerve (SWRV), Boba Network (BOBA), Serum (SRM), Raiden Network Token (RDN), Cobak Token (CBK), OnX Finance (ONX)
At the end of March, Binance stopped supporting USDC deposits and withdrawals on the Tron network (TRC20). According to the exchange, USDC stablecoins will not be credited to user accounts via the TRC20 network after April 5. However, users will still be able to continue trading USDC on Binance
The decision comes shortly after USDC issuer Circle announced it had stopped supporting the Tron network. USDC will continue to operate on Tron until February 2025, but no new stablecoins will be issued on the network
Users will have the opportunity to transfer funds to other blockchains or exchange them for fiat currency. Circle did not disclose the reason for refusing to support the reasonably popular network
sorry guys is 2 part What would it mean for Filipinos who are using Binance? They will have to transition It might not be an easy experience But it’s a transition that ultimately helps crypto grow into a mature and institutional industry…As crypto becomes more popular,we can expect regulators to continue raising the standards,he added Mr Reyes said he remains optimistic about the growth of crypto in the country Given that the majority of Filipinos are turning to local or international alternatives this slump will be picked back up in the medium to long run We’re in a bull run and Filipinos simply won’and can’afford to miss this chance he said The ban on Binance will have a positive impact on local exchanges such as PDAX and Coins.ph since these are registered as virtual asset service providers (VASPs)he noted Why doesnt Binance just get a VASP?The quick answer is they can’They would have to buy an existing one if they wanted to get a hold of it he added On Sept1,2022,the Bangko Sentral ng Pilipinas imposed a three-year moratorium on the issuance of new VASP licenses subject to reassessment based on market developments and the impact of existing VASPs on the financial system For Mr.Abello,the ban will not have a significant effect,as traders will find other means to transfer their funds I don’t think this(the ban)is going to dampen the appetite of traders,knowing I’ve seen many communities that willlook for other means or other wallets to transfer their assets rather. However,from a perspective of a trader they will be more a bit mindful of secondary exchanges,so they will transfer to those recognized in the Philippines such as Coins.phhe said He also said that crypto stakeholders are considering using legal means in response to the ban on Binance We’re expecting that some people who have legal knowledge can question this approach through the Court of Appeals in the form of a temporary restraining order Moving forward Mr.Abello said there should be discussions between regulators and stakeholders instead of imposing bans Aside from the SEC banning
sorry guys is 2 part
What would it mean for Filipinos who are using Binance? They will have to transition It might not be an easy experience But it’s a transition that ultimately helps crypto grow into a mature and institutional industry…As crypto becomes more popular,we can expect regulators to continue raising the standards,he added
Mr Reyes said he remains optimistic about the growth of crypto in the country
Given that the majority of Filipinos are turning to local or international alternatives this slump will be picked back up in the medium to long run We’re in a bull run and Filipinos simply won’and can’afford to miss this chance he said
The ban on Binance will have a positive impact on local exchanges such as PDAX and Coins.ph since these are registered as virtual asset service providers (VASPs)he noted
Why doesnt Binance just get a VASP?The quick answer is they can’They would have to buy an existing one if they wanted to get a hold of it he added
On Sept1,2022,the Bangko Sentral ng Pilipinas imposed a three-year moratorium on the issuance of new VASP licenses subject to reassessment based on market developments and the impact of existing VASPs on the financial system
For Mr.Abello,the ban will not have a significant effect,as traders will find other means to transfer their funds
I don’t think this(the ban)is going to dampen the appetite of traders,knowing I’ve seen many communities that willlook for other means or other wallets to transfer their assets rather. However,from a perspective of a trader they will be more a bit mindful of secondary exchanges,so they will transfer to those recognized in the Philippines such as Coins.phhe said
He also said that crypto stakeholders are considering using legal means in response to the ban on Binance
We’re expecting that some people who have legal knowledge can question this approach through the Court of Appeals in the form of a temporary restraining order
Moving forward Mr.Abello said there should be discussions between regulators and stakeholders instead of imposing bans
Aside from the SEC banning
Ban on Binance seen to chill crypto landscape THE PHILIPPINES ban on the crypto exchange Binance may have a chilling effect”on the industry,according to analysts Overall, this action of the Securities and Exchange Commission (SEC) sends a chilling effect to all other exchanges, whether they are international or locaI Innovative Movement of the Philippine Association of Crypto Traders (IMPACT) Founding Chairman Arlone P. Abello said in a Viber message last week The time will come that questions may arise he added Last week,the SEC requested the National Telecommunications Commission (NTC) to block access to Binance for operating in the Philippines without a license.Subsequently the NTC ordered internet service providers to block access to the cryptocurrency giant Jiro Luis S Reyes,chief executive officer of the Filipino-led crypto education platform Bit-skwela said in a Viber message that the ban on Binance is a net negative”for the country as it would affect adoption in the short term This will definitely affect adoption, openness, and the financial benefit for Filipinos at least in the short run This kind of opportunity in crypto only happens every few decades. We don’t know how long it would take before the next global opportunity like this would occur. It would cost us too much in the long run to shy away from this emerging sector,he said Investments made by Filipinos in Binance are still intact,with the ban only barring access to the crypto exchange domain,he noted He also said the SEC’s ban could be bypassed with the use of a virtual private network (VPN) or a different domain name system DNS If you access the site through a VPN,from another country,or a different DNS,then as of writing,you may still access Binance But these fixes may only be short-term and can be covered by either the SEC or Binance if they choose to do so For his part, Nichel Merlimichael O.Gaba chief executive officer and founder of the Philippine Digital Asset Exchange PDAX said the domestic ban on Binance signals the maturation of the crypto industry and its increasing acceptance
Ban on Binance seen to chill crypto landscape
THE PHILIPPINES ban on the crypto exchange Binance may have a chilling effect”on the industry,according to analysts
Overall, this action of the Securities and Exchange Commission (SEC) sends a chilling effect to all other exchanges, whether they are international or locaI Innovative Movement of the Philippine Association of Crypto Traders (IMPACT) Founding Chairman Arlone P. Abello said in a Viber message last week
The time will come that questions may arise he added
Last week,the SEC requested the National Telecommunications Commission (NTC) to block access to Binance for operating in the Philippines without a license.Subsequently the NTC ordered internet service providers to block access to the cryptocurrency giant
Jiro Luis S Reyes,chief executive officer of the Filipino-led crypto education platform Bit-skwela said in a Viber message that the ban on Binance is a net negative”for the country as it would affect adoption in the short term
This will definitely affect adoption, openness, and the financial benefit for Filipinos at least in the short run This kind of opportunity in crypto only happens every few decades. We don’t know how long it would take before the next global opportunity like this would occur. It would cost us too much in the long run to shy away from this emerging sector,he said
Investments made by Filipinos in Binance are still intact,with the ban only barring access to the crypto exchange domain,he noted
He also said the SEC’s ban could be bypassed with the use of a virtual private network (VPN) or a different domain name system DNS
If you access the site through a VPN,from another country,or a different DNS,then as of writing,you may still access Binance But these fixes may only be short-term and can be covered by either the SEC or Binance if they choose to do so
For his part, Nichel Merlimichael O.Gaba chief executive officer and founder of the Philippine Digital Asset Exchange PDAX said the domestic ban on Binance signals the maturation of the crypto industry and its increasing acceptance
Here’s Why Record-Level US Debt Will Propel Bitcoin to Greater Heights, According to Strike CEO Jack Mallers The CEO of Lightning Network wallet Strike says the US government’s rapid debt accumulation will be the catalyst that sends Bitcoin (BTC) to greater heights In a new interview with Bloomberg Technology, Jack Mallers says the United States has no way of paying off its record-high $34.578 trillion debt According to Mallers, he sees the government eventually turning on the money printers and issuing more dollars to meet its financial obligations. “Our government is in debt. Traditionally, if I owed you $20, I’d have two options. I’d, one, have to default on that… The other is I could pay it back. Those are classically the two options that anyone in debt has right. Now, the government, because they centrally plan and control our currency, unfortunately has a third and that’s they can print more money, devalue the debt that they have and that they owe and allocate more capital to themselves so our government can’t default. The US, the United States of America cannot default on debt. It would collapse the entire planet. We also cannot afford to pay it back… This is just 101 basics [of] how the world works. If we can’t default and we can’t pay it back, what’s the only option that they have to do no matter what they set and tell you at the Fed chair meetings and all of the economists? They have to issue more dollars.” With more dollars in the system, Mallers believes that the surplus of fiat currency will find its way into assets with a limited supply like BTC. “And so if there’s going to be more pieces of green paper, you want them competing for the most fixed thing. There’s more dollars that are competing for a fixed amount of Bitcoin. Yes, real estate is going to go up, too, because there’s more dollars competing for real estate. But they can make more real estate. They can find more gold. They can’t make any more Bitcoin.” At time of writing, Bitcoin is trading for $70,301 Don't Miss a
Here’s Why Record-Level US Debt Will Propel Bitcoin to Greater Heights, According to Strike CEO Jack Mallers
The CEO of Lightning Network wallet Strike says the US government’s rapid debt accumulation will be the catalyst that sends Bitcoin (BTC) to greater heights
In a new interview with Bloomberg Technology, Jack Mallers says the United States has no way of paying off its record-high $34.578 trillion debt
According to Mallers, he sees the government eventually turning on the money printers and issuing more dollars to meet its financial obligations.

“Our government is in debt. Traditionally, if I owed you $20, I’d have two options. I’d, one, have to default on that… The other is I could pay it back. Those are classically the two options that anyone in debt has right.

Now, the government, because they centrally plan and control our currency, unfortunately has a third and that’s they can print more money, devalue the debt that they have and that they owe and allocate more capital to themselves so our government can’t default.

The US, the United States of America cannot default on debt. It would collapse the entire planet. We also cannot afford to pay it back… This is just 101 basics [of] how the world works. If we can’t default and we can’t pay it back, what’s the only option that they have to do no matter what they set and tell you at the Fed chair meetings and all of the economists?

They have to issue more dollars.”

With more dollars in the system, Mallers believes that the surplus of fiat currency will find its way into assets with a limited supply like BTC.

“And so if there’s going to be more pieces of green paper, you want them competing for the most fixed thing. There’s more dollars that are competing for a fixed amount of Bitcoin.

Yes, real estate is going to go up, too, because there’s more dollars competing for real estate. But they can make more real estate. They can find more gold. They can’t make any more Bitcoin.”

At time of writing, Bitcoin is trading for $70,301

Don't Miss a
Koava (KOAVA) The Avalanche C-Chain’s least innovative, least remarkable, and least understandable meme coin is Koava. The entire supply is limited to an arbitrary amount, alluding to the mayhem that results from combining conventional reasoning with the erratic world of Avalanche meme coins. The purpose of token distribution is to confuse investors and make them doubt their basic understanding of finance. The crypto team aims to create an entertaining ecosystem to attract interest. According to records, there are 21,000,000,000 coins in circulation overall, and The most significant amount ever paid on March 03, 2024, for Koava (KOAVA) was $0.01326. Price $0.0001339 Market Cap N/A All-Time High $0.01326 2. Kimbo (KIMBO) Launched in December 2023, Kimbo is one of the top Avalanche meme coins with a dog theme. The coin started at $0.00005719. By the end of 2023, the price of the Avalanche meme coin had sharply increased, peaking at $0.0003265. The Avalanche Foundation’s announcement that it will acknowledge and support meme coins marked the beginning of this enormous price increase. Today, we’re seeing a similar price spike as the Avalanche Foundation published fresh information about the requirements for choosing meme coins. Price $0.0004449 Market Cap $30,960,280 All-Time High $0.0007141 3. Coq Inu (COQ) With its chicken theme, Coq Inu is a breath of fresh air in the top Avalanche meme coins business amidst the plethora of dog-based meme coins. The Avalanche Foundation’s declaration that meme coins will be chosen according to specific eligibility requirements has also increased its value. After that, at the end of 2023, the price of COQ had drastically decreased before rising again on January 1, 2024. The cost of the COQ coin has increased significantly since the start of 2024. Price $0.053961 Market Cap $276,965,265 All-Time High $0.056447 4. Husky AVAX (HUSKY) Another adorable dig-based meme coin on the Avalanche blockchain is called Husky AVAX. HUSKY tokens can be used for more than just Avalanche meme coins; they can also be used to buy online
Koava (KOAVA)
The Avalanche C-Chain’s least innovative, least remarkable, and least understandable meme coin is Koava. The entire supply is limited to an arbitrary amount, alluding to the mayhem that results from combining conventional reasoning with the erratic world of Avalanche meme coins. The purpose of token distribution is to confuse investors and make them doubt their basic understanding of finance. The crypto team aims to create an entertaining ecosystem to attract interest. According to records, there are 21,000,000,000 coins in circulation overall, and The most significant amount ever paid on March 03, 2024, for Koava (KOAVA) was $0.01326.

Price $0.0001339
Market Cap N/A
All-Time High $0.01326
2. Kimbo (KIMBO)
Launched in December 2023, Kimbo is one of the top Avalanche meme coins with a dog theme. The coin started at $0.00005719. By the end of 2023, the price of the Avalanche meme coin had sharply increased, peaking at $0.0003265.

The Avalanche Foundation’s announcement that it will acknowledge and support meme coins marked the beginning of this enormous price increase. Today, we’re seeing a similar price spike as the Avalanche Foundation published fresh information about the requirements for choosing meme coins.

Price $0.0004449
Market Cap $30,960,280
All-Time High $0.0007141
3. Coq Inu (COQ)
With its chicken theme, Coq Inu is a breath of fresh air in the top Avalanche meme coins business amidst the plethora of dog-based meme coins. The Avalanche Foundation’s declaration that meme coins will be chosen according to specific eligibility requirements has also increased its value.

After that, at the end of 2023, the price of COQ had drastically decreased before rising again on January 1, 2024. The cost of the COQ coin has increased significantly since the start of 2024.

Price $0.053961
Market Cap $276,965,265
All-Time High $0.056447
4. Husky AVAX (HUSKY)
Another adorable dig-based meme coin on the Avalanche blockchain is called Husky AVAX. HUSKY tokens can be used for more than just Avalanche meme coins; they can also be used to buy online
Top 8 Avalanche Meme Coins for 2024 The blockchain platform Avalanche is built with high throughput and customization in mind. It uses the Avalanche consensus protocol, which enables quick transaction finality and scalability. Custom blockchain networks and decentralized apps (DApps) can be created with its assistance. We had previously examined the Top 3 AVAX Meme Coins, but this article will discuss the top Avalanche meme coins according to market capitalization The blockchain platform Avalanche is built with high throughput and customization in mind. It uses the Avalanche consensus protocol, which enables quick transaction finality and scalability. Custom blockchain networks and decentralized apps (DApps) can be created with its assistance. We had previously examined the Top 3 AVAX Meme Coins, but this article will discuss the top Avalanche meme coins according to market capitalization Best New Crypto to Buy Right Now Koava 1. Koava $0.0005932800 21.72583% $0 $53,937 0 Visit Kimbo 2. Kimbo $0.0004300300 -13.75562% $29,884,046 $2,557,389 69,420,000,000 Visit Coq Inu 3. Coq Inu $0.0000051400 -2.48427% $359,830,251 $24,347,448 69,420,000,000,000 Visit Husky Avax 4. Husky Avax $0.0000000996 2.07692% $8,804,693 $135,346 88,389,478,000,000 Visit BLOB 5. BLOB $0.0000002513 -7.1793% $0 $42,949 0 Visit Osaka Protocol 6. Osaka Protocol $0.0000003124 0.42443% $237,890,972 $489,269 761,500,000,000,000 Visit Bingo 7. Bingo $0.0043740900 3.94065% $0 $417 0 Visit
Top 8 Avalanche Meme Coins for 2024
The blockchain platform Avalanche is built with high throughput and customization in mind. It uses the Avalanche consensus protocol, which enables quick transaction finality and scalability. Custom blockchain networks and decentralized apps (DApps) can be created with its assistance. We had previously examined the Top 3 AVAX Meme Coins, but this article will discuss the top Avalanche meme coins according to market capitalization
The blockchain platform Avalanche is built with high throughput and customization in mind. It uses the Avalanche consensus protocol, which enables quick transaction finality and scalability. Custom blockchain networks and decentralized apps (DApps) can be created with its assistance. We had previously examined the Top 3 AVAX Meme Coins, but this article will discuss the top Avalanche meme coins according to market capitalization
Best New Crypto to Buy Right Now

Koava
1. Koava
$0.0005932800
21.72583%
$0
$53,937
0
Visit
Kimbo
2. Kimbo
$0.0004300300
-13.75562%
$29,884,046
$2,557,389
69,420,000,000
Visit
Coq Inu
3. Coq Inu
$0.0000051400
-2.48427%
$359,830,251
$24,347,448
69,420,000,000,000
Visit
Husky Avax
4. Husky Avax
$0.0000000996
2.07692%
$8,804,693
$135,346
88,389,478,000,000
Visit
BLOB
5. BLOB
$0.0000002513
-7.1793%
$0
$42,949
0
Visit
Osaka Protocol
6. Osaka Protocol
$0.0000003124
0.42443%
$237,890,972
$489,269
761,500,000,000,000
Visit
Bingo
7. Bingo
$0.0043740900
3.94065%
$0
$417
0
Visit
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