BinanceExplorers

Terra Luna Classic (LUNC) Approaches 410 Billion Token Milestone Amidst Market Optimism
Terra Luna Classic (LUNC) is nearing a significant milestone, with its circulating supply approaching 410 billion tokens.This development has sparked renewed interest in the cryptocurrency, particularly as the community intensifies its efforts to reduce the token supply through various burn mechanisms.
Recent technical analyses indicate a bullish trend for $LUNC . The token has rebounded from a key support level at $0.000057, breaking above a descending trendline that had been in place since January. Additionally, LUNC has surpassed its 50-day moving average, with both the Awesome Oscillator and the MACD indicators showing bullish divergence. If this momentum continues, LUNC could target the next resistance level at $0.0001, representing a potential 60% gain from current levels.
The LUNC community remains active in its efforts to reduce the token supply. Binance has resumed its burn program, contributing to a total of 113.3 billion LUNC tokens burned. Moreover, the implementation of the Tax2Gas upgrade has increased the burn rate per transaction from 0.5% to 1.5%, further accelerating the deflationary pressure on the token's supply.
As of the latest data, LUNC is trading at approximately $0.000062, with a market capitalization nearing $1 billion.Analysts forecast that if the current burn initiatives and positive market sentiment persist, LUNC could see significant price appreciation in the coming months.
Investors and community members are closely monitoring these developments, hopeful that the combined efforts will lead to a substantial recovery for Terra Luna Classic.
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A closely followed crypto strategist believes $Ethereum (ETH) is in a position to launch parabolic rallies, mirroring its bullish price action five years ago.

Pseudonymous analyst Inmortal tells his 232,300 followers on the social media platform X that Ethereum’s market structure on the three-day chart looks very similar to its early 2020 price action

Five years ago, ETH traded between $100 and $200 before the Covid-induced panic ignited a crash to around $86. The downside deviation subsequently triggered a massive rally that sent Ethereum to its all-time high of $4,868.

Says Inmortal,

“History rhymes, sometimes.”

Looking closer at ETH, Inmortal predicts that Ethereum will continue to consolidate at current levels before sparking surges to $3,800 next month.

“Remember who you are, ETH

At time of writing, $ETH is trading for $2,479.

Turning to Ethereum rival $SOL Solana, the trader thinks that $SOL will take a breather in the coming weeks before launching a rally to a new record high of $320 in July.

“$180 is the line on the sand, but it won’t take long to get through it.

After that, $ 320.”

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Hey there, crypto enthusiasts! If you’ve been keeping an eye on Binance Squared, you might’ve noticed some buzz around LAYER lately. As someone who’s always curious about what’s next in the crypto world, I wanted to share a human take on what LAYER is all about, why it’s turning heads, and what it could mean for the future. Let’s unpack this together!
What’s $LAYER All About?
$LAYER is tied to a project that’s making waves for its focus on scalability and speed in the blockchain space. Built to tackle the ever-growing demand for faster transactions and lower costs, LAYER is part of a Layer-1 blockchain solution that’s designed to handle massive throughput—think millions of transactions per second (TPS). That’s the kind of tech that gets people excited, especially when DeFi and Web3 apps are pushing networks to their limits.
The project has some serious backing too, with whispers of support from big names like the Solana ecosystem. Posts on X have even hinted at $LAYER being a “$SOL-backed beast,” which adds to the hype. Whether it’s the tech or the community vibe, LAYER feels like one of those projects that’s got momentum—and maybe a bit of that crypto magic we all chase.
Why’s It Popping on Binance Squared?
Binance Squared is the perfect spot for projects like LAYER to shine. It’s a hub where new tokens get launched, airdropped, and traded, often with perks for BNB holders or early adopters. LAYER’s been featured as part of Binance’s HODLer Airdrops, which has folks buzzing about potential rewards for staking or holding. One X post mentioned it as the “8th project” in this program, which shows Binance is giving it some spotlight.
But it’s not all smooth sailing. Some X users have thrown shade, with one claiming Binance “destroyed $LAYER ” or calling it a “VC-funded ponzi” ready to crash. Ouch. That’s crypto for you—hype and skepticism go hand in hand. Still, others are bullish, pointing to a 66% pump and predicting new all-time highs if it breaks key price levels like $1.52. The volatility is real, but so is the potential.
The Tech and Tokenomics Vibe
What I love about LAYER is how it’s trying to solve real problems. The promise of 1,000,000 TPS is no joke—it’s the kind of scalability that could make DeFi apps feel as snappy as your favorite mobile game. Plus, the tokenomics have folks talking. A recent sale with a $10.5M hardcap split between WAGMI, Sonic, and USDC had max subscriptions of $2k for new users and $3k for existing ones. That’s a lot of interest, and the 416M TVL (total value locked) backing it shows there’s real money flowing in.
That said, some X posts have raised eyebrows about the 100% unlock at TGE (token generation event). Full unlocks can lead to sell-offs, so it’s something to watch. If you’re diving in, maybe keep an eye on how the team manages those dynamics to avoid a “free fall,” as one skeptic put it.
Should You Care About LAYER?
Alright, let’s get real. Is LAYER worth your attention? If you’re into projects that push the boundaries of blockchain speed and have strong exchange backing, it’s definitely worth a look. Binance’s support, combined with the Solana connection, gives it some street cred. But crypto’s a wild ride, and LAYER’s no exception. The price swings and mixed sentiment on X—ranging from “$5 potential” to “short it to zero”—remind us to tread carefully.
For me, LAYER feels like a bet on the future of fast, cheap transactions. If the team delivers on the tech and Binance keeps hyping it, we could see some fireworks. But do your own research (DYOR, always!) and maybe start small if you’re jumping in.
Wrapping It Up
LAYER’s got that spark that makes crypto so addictive: cutting-edge tech, big dreams, and a community that’s equal parts hype and debate. Whether it’s soaring to new highs or facing the usual crypto drama, it’s a project worth watching on Binance Squared. Got thoughts on LAYER? Drop a comment or hit me up—I’d love to hear what you think!
Disclaimer: This isn’t financial advice. Crypto’s risky, so only invest what_you can afford to lose.
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$LAYER