Terra LUNA + LUNC continue 7-day bearish behavior – while these cryptos continue to look bullish!
With the market being bearish lately, it's likely that Terra holders will release most or all their holdings over the coming days. The Terra coins have been affected by what is going on with FED monetary policy - looking at performance lately, it seems that the prices of both LUNA and LUNC dropped significantly. With a rise in inflation rates, many coins will see their prices decline, including LUNA and LUNC, which is why this article will include the essential information about these coins, but we will also make sure to include the information about the two most wanted cryptos right now - IMPT and TAMA.
What could the future hold for LUNA and LUNC?In May 2022, the Terra blockchain - once marked as one of crypto's most ambitious projects - collapsed, making it its largest collapse to date. Before the unfortunate collapse, LUNA's price reached its peak of $119.18. In light of recent events that made many investors lose their wealth, it was only natural that the company would take matters into its own hands and create an alternative. That project is called Terra Luna Hard Fork (TLH), and it was an attempt to save what could be saved.
Despite the hopes that this will attract new investors to come running, even though it achieved some effect, there has been a noticeable price decline during the last week. The price of Terra LUNA today is $0.000290, and there has been a 6.30% decline during the last seven days, which is certainly making investors tense. When it comes to the price of LUNC, today's value is $0.0002912, and there has been a 5,74% price dip.
After several months of being rebranded, the Terra Luna Classic price still hadn't stabilized. The token had been dropping steadily, and investors were worried that it would continue to fall further in spite of the token burn, which in theory, could increase demand for LUNC as the supply is reduced by burning 1.2%.
The Binance burn of 5.5 million tokens occurred recently with the intention of increasing the price, there has been a noticeable ambivalence regarding both of these tokens. It looks like the investors are not so eager to forget the difficulties that the crypto market has gone through earlier this year, which is why a noticeable fear is driving the investors away from both LUNA and LUNC. Instead, there are two great alternatives that are showing great results!
IMPT is going strongIMPT is a new project aimed at helping make the world more sustainable, which makes it stand out from other projects. Based on the blockchain, IMPT's platform empowers investors to buy, sell, or retire carbon credits while avoiding double counting and fraud. Unlike other platforms that focus on either trading or retiring carbon credits, IMPT offers a complete solution that makes it easy for investors to take action on climate change. With its low price and accessible platform, IMPT is poised to make a major impact in the fight against climate change.
IMPT's presale has now passed the $3 million in total funds raised, just over a week since the beginning. The tally stands at roughly 3.5 Million with no signs of slowing down! The end date is planned to occur on November 25th, but if this pace continues, the presale will be done a lot sooner. Investing in a project while it's in its infancy is always the best way to make the most out of it, and it is the reason why so many people are eager to participate. The presale will evolve in stages, and each stage will bring a price increase, which will make early investors happy. If you wish to invest, keep in mind that the clock is ticking before the IMPT presale moves on to the next stage.
Tamadoge is a fun combination of different elements that make an innovative platform. The platform's token, TAMA, has been fully audited by Solid Proof and KYC'd by CoinSniper-making the whole experience 100% secure and appealing to the investors. The TAMA token has been impressive so far, with its debuts on different notable exchanges like OKX and LBank.
What makes Tamadoge interesting is that it is the platform that allows you to trade, battle, and collect digital pets-all while earning rewards in cryptocurrency. The possibilities are endless with Tamadoge, and we can't wait to see what the future holds for this one-of-a-kind platform. When it comes to the price, there has been a price increase of 65.73% during the last 30 days, which just shows that TAMA is slowly conquering the market.
Despite the occasional price dips that are inevitable considering the volatility of the crypto market, TAMA has enormous growth potential due to its transparent roadmap, which will keep future players interested. TAMA is a deflationary token that is currently selling at the rate of $ 0.0343719 per coin. It is expected that its price will rise in the future because it is planned that the burning of 5% tokens will begin pretty soon. With the upcoming NFT collection, there is certainly a bright future ahead.
The crypto market and the investors have gone through a lot this year, there is no doubt about it. There are lots of things that are being done with the intention of recovering the market, and some cryptocurrencies are affected more than others. LUNA and LUNC are still not among the most popular cryptos due to recent developments. On the other hand, IMPT is one of the fastest tokens right now, and the presale is progressing rapidly, while the Tamadoge project is steadily evolving. Investing in both of these tokens seems to be the right move for the foreseeable future!
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