The Terra Luna Classic community has given the nod to the v2.3.0 upgrade, a significant step forward marked by community-driven governance voting.
Terra Luna Classic's Successful Approval Of v2.3.0 Upgrade Sparks LUNC Surge - What Are The 2024 Price Predictions?
The Terra Luna community has approver the v2.3.0 upgrade – this sparked new gains for LUNC…
This on-chain deployment, fondly known as "v6," brings into play a dynamic validator commission module.
The implications of this upgrade have resonated in the trading sphere, sparking swift reactions as both LUNC and USTC prices experienced a notable rebound in the aftermath of the proposal's approval.
Let’s explore this update in-depth and see what long-term impact it will have on the LUNC market price…
2024 LUNC Price Prediction – Will the v2.3.0 Upgrade Boost it To New Heights?
The Terra Luna Classic community's resounding approval of Proposal 11874 heralds a transformative chapter with the v2.3.0 upgrade.
This proposal integrates the dyncomm module, a dynamic validator commission system determined by voting power.
The overwhelming 93% "Yes" votes and the support from 58 influential validators, including Allnodes and TerraCVita, underscore the community's commitment to embracing dynamic validator commissions.
Post-approval, the native token, LUNC, experienced a 1% surge, bouncing back from a 24-hour low of $0.000074 to $0.0000758.
However, three days post-approval, LUNC faced a 3% decline in price, emphasizing the dynamic nature of the crypto market.
Despite this short-term setback, the last month has seen a robust 26% upswing in LUNC, moving from $0.000059 to the current $0.000074.
Analyzing the broader market sentiment, Binance's technical analysis suggests that Terra Luna Classic might not witness significant price changes post the upgrade.
This pragmatic outlook prompts consideration of alternative tokens that have the potential for more substantial gains than LUNC in the evolving crypto landscape.
5 Crypto That Will Pump More Than LUNC – Detailed Analysis
Here are the top 5 project that hold more potential than LUNC:
Bitcoin ETF (BTCETF) – The Best Token to Buy Before the BTC ETF Approval
Introducing Bitcoin ETF Token ($BTCETF), an ERC-20 token that strategically positions itself ahead of the much-anticipated launch of Bitcoin Spot ETFs.
What distinguishes this token is its distinctive approach to tokenomics, centered around a commitment to burning 5% of its token supply at strategic Bitcoin-related milestones.
This unique strategy caters to investors seeking exposure to Bitcoin's market dynamics without the necessity of direct asset ownership.
As global momentum builds for the introduction of a Bitcoin spot ETF, the token's strategy involves burning 5% of its supply at pivotal milestones.
Adding an extra layer of uniqueness, Bitcoin ETF Token implements a 5% trading tax, gradually decreasing by 1% at each milestone.
This deflationary model ensures the burning of 25% of its total supply over the long term. As the crypto landscape evolves, $BTCETF emerges as a nuanced and strategic choice for investors navigating the intricate dynamics of Bitcoin exposure and the potential advent of spot ETFs.
Bitcoin Minetrix (BTCMTX) – Democratizing Bitcoin Mining
Bitcoin Minetrix distances itself from other BTC derivatives with its innovative take on Bitcoin mining, offering users an eco-friendly and cost-effective approach to cryptocurrency mining.
In tackling the major challenges associated with Bitcoin mining—such as substantial hardware and electricity costs—Bitcoin Minetrix introduces the Stake-to-Earn mechanism.
Users stake the native $BTCMTX tokens to participate in the mining process, providing a sustainable and accessible avenue for crypto enthusiasts.
Since late September, the presale has garnered substantial support, raising over $4 million. As the countdown to the completion of the token supply ticks, now is the best moment to secure your $BTCMTX tokens and be part of this innovative approach to Bitcoin mining.
Meme Kombat ($MK) – First Ever Battle Royal For Meme Coin Characters Reaches $2 Mill in Funding
As the crypto market embraces a risk-on attitude, upcoming token launches like Meme Kombat (MK) are gaining remarkable traction, drawing attention from enthusiastic investors.
Led by founder Matt Whiteman, Meme Kombat stands at the intersection of meme culture and combat gaming, offering a unique blend that resonates with the crypto community.
In the span of under two months, Meme Kombat's presale has amassed an impressive $2 million, reflecting the keen interest in its innovative concept.
The project introduces animated battles featuring meme characters, allowing participants to engage not only as spectators but also as predictors by betting on battle outcomes.
What sets Meme Kombat apart is its staking mechanism, offering MK token holders yields of up to 530% annually, a significant advantage compared to conventional staking protocols.
TG.Casino ($TGC) – Online Casino Fully Licensed by Gaming Curacao
TG.Casino brings innovation to the forefront with its groundbreaking platform tailored for the thriving online casino industry, valued in the multi-billions.
Nestled within the Telegram app, boasting an impressive user base of over 800 million, TG.Casino is positioned to grant access to a diverse array of popular games, targeting nearly a billion potential users.
Setting itself apart, the platform seamlessly integrates gaming experiences without the need for cumbersome KYC processes, ensuring a secure environment for avid gaming enthusiasts.
Holding a full license from the reputable Gaming Curacao authority adds a layer of reliability and regulation to the gaming experience.
Driving the gaming action is TG.Casino's native token, $TGC, providing users the flexibility to place bets or stake for enticing 260% APY rewards.
The official presale for the $TGC token commenced a month ago, successfully securing over $2.9 million, a noteworthy stride toward the $5 million hard cap.
Ethereum (ETH) – New Gains On the Horizon Post ETF Application
The last on our list is none other than ETH. Holding the second-largest market cap, it solidifies its position as the leading smart contract blockchain, hosting a myriad of ERC-20 tokens that underscore its legitimacy in the market.
What sets Ethereum apart is its real-world utility, notably as transaction fees for ERC-20 tokens are transacted in ETH, ensuring a sustained and robust demand.
The recent accomplishment of the ETH Merge marks a pivotal moment for Ethereum, positioning it as one of the environmentally friendliest choices in the 2023 crypto landscape.
Conclusion
In summary, the Terra Luna Classic community's approval of the v2.3.0 upgrade signals a transformative phase for LUNC, introducing a dynamic validator commission module.
Despite short-term fluctuations, the overall market sentiment suggests positive momentum for LUNC.
Looking ahead to 2024, alternative tokens like Bitcoin ETF Token (BTCETF), Bitcoin Minetrix (BTCMTX), Meme Kombat (MK), and TG.Casino ($TGC) present better opportunities.
BTCETF stands out with its unique burning mechanism, while BTCMTX offers an eco-friendly approach to Bitcoin mining.
Most of them are still in their presale stages still, which gives you a chance to maximize you returns. Explore each project and see which one fits your wallet best!
Disclaimer: The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook Editorial.
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