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Terra Luna Classic Community Passes Key Proposal: Will LUNC Reach $0.0003?
The Terra Luna Classic (LUNC) community has reignited optimism following the approval of a key proposal designed to correct previous missteps within its network. This development has sparked renewed discussions among market participants, with many eyeing a potential rally that could send LUNC’s price toward the $0.0003 mark. Although the token has experienced significant fluctuations in recent weeks, the combination of community-driven initiatives and a string of recent ecosystem upgrades has revived hopes of a sustained price increase.
Key Developments: Terra Luna Classic’s Path Forward
Proposal to Correct Validator Issue The Terra Luna Classic community has proposed an upgrade that addresses a critical error introduced in a previous network update. Specifically, the upgrade seeks to restore the maximum number of validators to 110, a correction deemed essential for maintaining the network’s long-term stability. The error in question occurred in the previous SDK upgrade, where outdated code was mistakenly implemented, disrupting the validator limit.Proposal 12133, which aims to fix this issue, has gained strong community backing. As of now, 63.81% of votes have been cast in favor of the proposal, signaling broad support for the correction. The voting period is set to conclude in two days, and the outcome could have a notable impact on the Terra ecosystem’s future direction.Community-Driven Optimism and Upgrades This proposal is only the latest in a series of updates aimed at improving the Terra Luna Classic network. Alongside the validator fix, the community has introduced the Tax2Gas upgrade, designed to enhance both the security and efficiency of the ecosystem. These developments have bolstered confidence among LUNC supporters, with many believing that the network’s improved functionality could pave the way for significant price gains in the near future.
LUNC Price Analysis: Eyeing a Potential Rally
Over the past week, LUNC experienced a 17% rally, briefly reigniting bullish sentiment in the market. However, the cryptocurrency has struggled to maintain its upward momentum, with prices fluctuating amid broader volatility in the crypto sector. As of now, LUNC is trading at approximately $0.00008175, a modest 1% increase from the previous day.
Despite the current consolidation phase, many analysts believe that LUNC could see a resurgence if it breaks key resistance levels. Market watchers are keeping a close eye on the potential for the token to rally to $0.0003, a price target that some view as achievable in light of recent network developments. The optimism surrounding this potential rally is further fueled by the ongoing legal proceedings involving Terraform Labs, specifically its Chapter 11 bankruptcy filing. The resolution of these issues could provide additional momentum for LUNC’s price in the coming weeks.
Factors Impacting LUNC’s Price Movement
Broader Market Volatility The overall state of the cryptocurrency market has been volatile, with many assets experiencing significant price swings. LUNC’s price has been no exception, with its recent rally being tempered by market-wide instability. The token’s 38% decline in trading volume over the last 24 hours further underscores the cautious sentiment currently prevailing among traders.Ecosystem Improvements As the Terra Luna Classic community continues to implement key upgrades, there is growing confidence that these developments will help stabilize the network and support further price appreciation. The restoration of the validator limit and the introduction of the Tax2Gas feature are seen as pivotal to ensuring the network’s long-term health and scalability.Community Sentiment One of the most significant drivers behind LUNC’s potential rally is the strong community support for the network’s ongoing improvements. The collaborative nature of the Terra Luna Classic community, coupled with its dedication to resolving past issues, has fostered a positive outlook among many investors. As voting on Proposal 12133 nears completion, the community’s role in shaping the future of the ecosystem cannot be understated.
Can LUNC Reach $0.0003?
While LUNC’s recent price action has been mixed, the technical outlook suggests that a rally to $0.0003 remains possible. However, this will largely depend on whether the token can overcome key resistance levels and maintain momentum in the face of broader market challenges. For now, the community remains hopeful that the combination of ecosystem improvements and strong community backing will provide the necessary tailwinds to support further price gains.
Meanwhile, Terra’s native token, LUNA, has also experienced a modest recovery, with its price rising by 2% to $0.3819 at the time of writing. LUNA’s 24-hour trading volume has seen a decline of 32%, but the token’s recent price action suggests that it could follow a similar upward trajectory if broader market conditions improve.
Conclusion
The Terra Luna Classic community’s latest proposal marks a critical step toward correcting past mistakes and setting the network on a more stable path. With significant upgrades underway and strong community support, there is growing optimism that LUNC could soon experience another rally, potentially pushing its price to $0.0003. However, this will require overcoming key resistance levels and navigating the volatility of the broader crypto market.
As the community continues to vote on Proposal 12133 and the ecosystem evolves, LUNC’s future remains uncertain but full of potential. Investors and market watchers alike will be closely monitoring the token’s price action in the coming weeks to see if it can break through and deliver on its bullish promise.

Can Terra Luna Classic's proposal Lead a rally to $0.0003? With Proposal 12133 aiming to fix a key validator issue, the $LUNC community is buzzing with optimism! Can this be the catalyst we’ve been waiting?
#LUNC #TerraLuna #CryptoNews #LUNA

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U.S. Financial Markets on Edge: How Upcoming Events Could Shape the Future of Cryptocurrency
As the U.S. braces for pivotal moments in the coming months, the financial markets are closely watching the highly anticipated Federal Open Market Committee (FOMC) meeting in September and the November presidential election. These events are expected to significantly impact both traditional markets and the burgeoning cryptocurrency sector, with investors keenly awaiting potential crypto-friendly legislation that could ease regulatory constraints.
A Landmark Year for Crypto: Mainstream Recognition and Regulatory Spotlight
2024 has already been a remarkable year for cryptocurrencies, with Bitcoin hitting new all-time highs and the approval of spot Bitcoin and Ether exchange-traded funds (ETFs) in the U.S. These milestones signify a growing acceptance of digital currencies within the mainstream financial landscape, highlighting their integration into the global economy. However, as digital assets gain traction, they also draw increased political and regulatory scrutiny—especially as the U.S. heads into an election that could redefine the legal landscape for cryptocurrencies.
The Political Landscape: Crypto as a Key Issue for Younger Voters
A significant factor in this election cycle is the rising influence of younger voters, particularly Gen Z and Millennials, who now constitute a considerable portion of the electorate. According to a survey by the Stand With Crypto Alliance, over half of these voters are inclined to support candidates who advocate for crypto-friendly policies. In swing states, 21% of voters consider crypto policies important, with many identifying as pro-crypto. This demographic shift is pushing political candidates to address cryptocurrency issues more directly, acknowledging their importance to a critical segment of the voting population.
This heightened focus on crypto policies has elevated the subject to a central issue in the election, with the potential to sway outcomes in key battleground states. Candidates are increasingly recognizing the need to appeal to these voters, making their stances on cryptocurrency regulation a defining element of their campaigns.
Candidate Stances: The Future of Crypto Regulation in the U.S.
The positions of key political figures are likely to shape the future of the cryptocurrency industry. Notably, former President Donald Trump has recently shown increased support for crypto, accepting digital currency donations and advocating for a strategic Bitcoin reserve, despite his earlier skepticism. Robert F. Kennedy Jr. has also expressed pro-crypto sentiments, endorsing Bitcoin as a symbol of democracy and financial freedom. Additionally, Kamala Harris, running from the Democratic Party following Joe Biden’s decision not to seek re-election, has voiced her support for emerging technologies, including cryptocurrencies.
These evolving stances indicate that the outcome of the 2024 election could usher in a more favorable regulatory environment for digital assets, depending on which candidates prevail. As political leaders adjust their positions to align with voter sentiment, the potential for pro-crypto policies becomes increasingly likely.
The Role of Macroeconomic Factors: Fed Rate Cuts and Crypto Markets
Beyond the election, macroeconomic factors such as potential Federal Reserve rate cuts are also poised to influence the cryptocurrency market. Historically, rate cuts tend to lower borrowing costs, stimulate economic activity, and enhance investor risk appetite. When interest rates decline, investors often shift funds from traditional savings and bonds into alternative assets like cryptocurrencies, seeking higher returns.
Recent statements from Fed Chair Jerome Powell suggest a more flexible approach to monetary policy, which has already spurred significant gains in the crypto market, with Bitcoin reaching new highs. However, the relationship between Fed rate cuts and crypto markets is complex and influenced by a range of factors, including overall economic conditions and investor sentiment. As of now, a 25 basis point rate cut appears most likely in September, potentially providing a boost to the crypto market.
Long-Term Outlook: Cryptocurrencies as a Hedge Against Inflation
For long-term investors, cryptocurrencies continue to be viewed as a hedge against inflation and the devaluation of fiat currencies driven by expansive monetary policies. Major corporations like MicroStrategy and Tesla have made substantial investments in Bitcoin, and the approval of Bitcoin spot ETFs has further piqued the interest of institutional investors. As regulatory clarity improves globally, the adoption and demand for digital assets are expected to rise, positioning cryptocurrencies as a core component of the future financial landscape.
The U.S. presidential election could set a precedent for crypto regulation, influencing not just the U.S. but also other countries. As regulatory frameworks evolve, a more robust and transparent environment could emerge, fostering greater confidence among investors and stakeholders.
The Road Ahead: A Crucial Election for the Future of Crypto
As the 2024 U.S. presidential election approaches, the interplay between political outcomes and macroeconomic factors will be critical in shaping the future of the cryptocurrency market. Regulatory changes stemming from the election could either support or hinder digital asset growth, while Fed rate decisions will continue to affect market liquidity and investor sentiment.
This election cycle presents a unique opportunity for cryptocurrencies to benefit from a favorable political landscape and supportive economic policies. As voters decide the nation’s political direction, they also play a key role in determining the trajectory of the global cryptocurrency market. For investors and industry stakeholders, the stakes are high, making this election one of the most consequential for the future of digital assets.
#BTC☀ #BTC #Bitcoin❗ #Bitcoin $BTC

Cardano, one of the leading Layer 1 blockchain ecosystems, has taken a monumental step forward with the launch of the Chang Hard Fork. This upgrade is not just another technical enhancement; it represents a significant leap in Cardano’s journey toward true decentralization, scalability, and performance. As the crypto world watches closely, the implications of this upgrade could solidify Cardano’s position as a market leader in decentralized blockchain solutions.
The Chang Hard Fork: Unlocking Cardano’s Full Potential
The Chang Hard Fork is more than just a routine update; it is a transformative upgrade that enhances Cardano’s scalability and performance while ushering in a new era of decentralized governance. By improving transaction throughput and network efficiency, the Chang Hard Fork addresses critical aspects of the blockchain trilemma: scalability, security, and decentralization.
This upgrade marks a pivotal moment for Cardano, as it fully hands over control of the protocol and treasury to the community. With the burning of Cardano’s genesis keys, the network’s founding entities—IOG, Emurgo, and the Cardano Foundation—are stepping back, allowing the community to take the reins. This move is unprecedented in the blockchain space, where control is often retained by the founding organizations. Cardano’s shift to full community governance is a bold statement about its commitment to decentralization, setting a new standard for blockchain governance.
True Decentralization and Security
With the genesis keys burned and control transferred to the community, Cardano is now a truly decentralized ecosystem. This decentralization means that the network operates without a central authority, making it immune to external pressures and less vulnerable to regulatory scrutiny, such as potential lawsuits from entities like the SEC. In a world where many blockchain projects still grapple with centralization concerns, Cardano’s achievement stands out as a model of how to achieve true decentralization.
A Thriving Ecosystem Ready to Lead
Cardano is no longer just a blockchain; it’s a thriving ecosystem where developers, businesses, and individuals can build, transact, and innovate with full confidence in the network’s stability and governance. As a leader in addressing the blockchain trilemma, Cardano’s well-engineered solutions provide a robust platform for decentralized applications (dApps), smart contracts, and tokenization, making it an attractive option for developers and enterprises alike.
Bullish Outlook on ADA’s Future
Cardano’s future looks incredibly promising, with experts predicting that ADA, Cardano’s native token, could reach significant price milestones in the coming years. Some forecasts suggest that ADA could hit $35 in 2024 and potentially $100 by 2030. While these predictions are optimistic, they are grounded in the network’s ongoing developments, growing adoption, and the broader potential of blockchain technology.
Factors Driving ADA’s Potential Price Surge
Increasing Adoption of Blockchain Technology: Cardano’s academically driven approach to blockchain development has made it a preferred platform for businesses looking to build dApps and smart contracts. As blockchain technology gains broader acceptance, the demand for Cardano’s services could significantly increase, driving up the value of ADA.Continuous Upgrades and Innovations: Cardano’s commitment to innovation is evident in its track record of impactful upgrades, such as Alonzo, which introduced smart contract functionality. With the Chang Hard Fork now enhancing scalability and performance, future upgrades could further differentiate Cardano from competitors like Ethereum, potentially boosting ADA’s value.Macro-Economic Factors: The performance of cryptocurrencies is often influenced by broader economic conditions. If the global economy stabilizes and cryptocurrencies gain wider acceptance, a general bull market could emerge in 2024. Such a market could create the perfect conditions for ADA to reach ambitious price targets.Partnerships and Real-World Use Cases: Cardano has established partnerships with several governments and organizations, particularly in Africa, to drive blockchain adoption in real-world scenarios. Successful implementation of these partnerships could provide significant use cases for ADA, enhancing its utility and demand.Investor Sentiment and FOMO: The cryptocurrency market is heavily influenced by sentiment. As enthusiasm builds around Cardano’s technological advancements and potential, a surge in investor interest driven by FOMO (fear of missing out) could lead to rapid price increases. Historical examples, such as the rise of Dogecoin purely on hype, demonstrate how sentiment can drive value in the crypto space.
A Vision for the Future
The Chang Hard Fork is more than just an upgrade; it’s a statement about Cardano’s vision for the future of blockchain. By prioritizing decentralization, scalability, and community governance, Cardano is positioning itself as a leader in the next generation of blockchain solutions. Each hard fork and upgrade bring unique advancements that move Cardano closer to its goal of becoming the most robust and decentralized blockchain ecosystem.
While predicting exact price targets for ADA involves a degree of speculation, the foundation Cardano is building suggests a bright future. As blockchain technology continues to evolve and find real-world applications, Cardano’s innovative approach and strong community support could propel it to new heights. Whether or not ADA reaches $35 in 2024 or $100 by 2030, the steps being taken today set the stage for long-term success and growth.
As history unfolds, Cardano’s commitment to decentralization and its strategic technological upgrades make it a project to watch closely. For those bullish on ADA, the Chang Hard Fork represents not just a technological milestone, but a reaffirmation of Cardano’s potential to reshape the future of decentralized finance and blockchain technology.
#Cardano #ADA $ADA

The Cardano ecosystem is abuzz with excitement as the much-anticipated Chang hard fork date has been solidified. Intersect, a prominent member-based organization within the Cardano community, officially announced that the hard fork working group has reached a consensus, scheduling the mainnet upgrade for September 1st, 2024. This marks a significant milestone for Cardano, signifying a major step towards its vision of community-driven governance.
Originally Planned for August, Delay Ensures Smooth Transition
The initial target date for the mainnet hard fork was August 27th. However, after a rigorous evaluation process involving a “go/no-go” call with the working group, the launch was strategically pushed back to September 1st. This crucial decision allows additional time for cryptocurrency exchanges and decentralized applications (dApps) to implement the necessary adjustments. This extended window guarantees that the entire Cardano ecosystem is meticulously prepared for a smooth transition with minimal disruption.
Chang Hard Fork: A Stepping Stone Towards Decentralized Governance
The Chang hard fork represents a transformative upgrade for Cardano. It will pave the way for the introduction of on-chain governance, a cornerstone feature of the Voltaire era – the final phase of Cardano’s roadmap. On-chain governance empowers ADA holders, the native token of Cardano, to directly participate in shaping the network’s future through a democratic voting system. This fosters a more decentralized and self-sustainable ecosystem, where stakeholders collectively make crucial decisions regarding protocol changes and network upgrades.
Cardano’s Continued Evolution
Cardano’s development team has consistently demonstrated a commitment to continuous improvement and innovation. The successful implementation of the Chang hard fork will signify another crucial step in Cardano’s journey towards maturity.
Looking Ahead: A Brighter Future for Cardano
With the Chang hard fork on the horizon, the Cardano ecosystem is poised for significant growth. The introduction of on-chain governance empowers the community to actively participate in the network’s evolution, fostering a more robust and sustainable future for Cardano. This development is particularly noteworthy considering the ongoing partnerships Cardano has established in Argentina, fostering educational initiatives and exploring potential use cases for the network within the region.
#Cardano #ADA #CardanoPredictions $ADA #CryptoNewss

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Terra Classic (LUNC) has been making headlines once again as analysts predict a potential price surge. Prominent crypto analyst CryptoAura recently shared a bullish outlook for the token, suggesting that LUNC could be on its way to $0.00059.
Currently trading at around $0.00009179, LUNC has shown signs of recovery in recent weeks. The analyst’s chart analysis indicates a positive trend, with the Relative Strength Index (RSI) suggesting room for further upward movement.
CryptoAura’s statement, “Time to Make Our Way Back to $0.00059 for $LUNC ! The rocket ride is just beginning!” has fueled optimism among LUNC investors. Reaching this target would represent a significant increase from the current price, offering substantial returns.
Factors Contributing to the Bullish Outlook
Several factors could contribute to LUNC’s potential price surge:
Token Burns: Ongoing token burns have been a major strategy to reduce LUNC’s circulating supply, potentially driving up its value.Market Sentiment: Positive sentiment within the broader cryptocurrency market, especially if Bitcoin maintains its uptrend, could benefit LUNC.Terra Ecosystem Developments: Updates, partnerships, or changes within the Terra ecosystem could impact LUNC’s price.
Challenges and Considerations
While the outlook for LUNC appears promising, it’s essential to consider potential challenges:
Market Volatility: The cryptocurrency market remains highly volatile, and external factors could influence LUNC’s price.Regulatory Environment: Changes in regulatory policies could impact the overall cryptocurrency market, including LUNC.Community Support: Continued community support and adoption are crucial for LUNC’s long-term success.
Conclusion
CryptoAura’s prediction of a bullish run for LUNC has sparked interest among investors. While the token’s future price is influenced by various factors, the current indicators suggest a positive outlook. However, it’s crucial to approach investments with caution and conduct thorough research before making any decisions.
#LUNC✅ #LUNC $LUNC #CryptoNewss

The price of Fetch AI’s native token, FET, has taken a significant tumble, dropping nearly 12% in the past 24 hours. This decline isn’t happening in isolation, but rather reflects the broader anxieties currently gripping the cryptocurrency market. Investors are adopting a cautious stance, fueled by a combination of factors.
Market Downturn Casts a Long Shadow
One major factor impacting Fetch AI is the overall downturn in the cryptocurrency market. The price of Bitcoin, the world’s leading cryptocurrency, has dipped below the psychologically important $60,000 mark, currently sitting at $59,104. This six percent decline sets the tone for a bearish sentiment across the board, dragging other digital assets, including Fetch AI, down with it.
Nvidia’s Earnings Announcement: A Looming Cloud of Uncertainty
Adding to the market jitters is the highly anticipated earnings announcement from tech giant Nvidia. Investors are eagerly waiting to see how the company’s performance aligns with expectations, and this anticipation is creating a wait-and-see approach in the cryptocurrency space. This hesitancy translates into reduced buying activity, further contributing to the bearish trend for Fetch AI.
Large Token Transfers Fuel Volatility
Beyond the broader market forces, a recent series of large token movements involving Fetch AI has injected an extra dose of volatility. The Fetch.ai Foundation transferred a significant amount – 5 million FET tokens, valued at approximately $6.4 million – to a wallet address identified as “0x925e.” This transaction was followed by a further transfer of 1 million FET tokens (worth roughly $1.28 million) from “0x925e” to the prominent cryptocurrency exchange Binance.
These sizable token movements raise questions about the intentions behind them. Could it be a sign of the foundation selling off a portion of their holdings? Or perhaps they are simply redistributing tokens for internal purposes. Regardless of the specific reason, such large transfers can trigger a sell-off among investors who interpret them as a bearish signal.
Crypto on Exchanges: A Bearish Premonition?
Market analysts also point to a worrying trend in the cryptocurrency landscape – the increasing volume of digital assets being held on exchange platforms. This is often seen as a potential indicator of bearish sentiment. Investors who are apprehensive about the future value of their holdings tend to move them to exchanges in anticipation of selling them quickly if the market dips further.
What Lies Ahead for Fetch AI?
The current trajectory of Fetch AI paints a concerning picture. If the bearish trend continues unabated, the price of the token could plummet to around $1.25. A further drop to the crucial support level of $1.2 is a possibility, especially if Bitcoin remains anchored around $60,000.
However, it’s important to remember that the cryptocurrency market is notoriously volatile. What seems like a downward spiral today could quickly reverse course depending on external factors and investor sentiment.
This period of uncertainty presents both challenges and opportunities for Fetch AI. Successfully navigating this market downturn will hinge on the project’s ability to demonstrate its long-term value proposition and maintain investor confidence.
#Fetch_ai #FetchAI #FetchAIPrice #fet.ai #FET $FET