The Terra Classic Price Surge
The price of Terra Classic (LUNC) has experienced a significant increase of 17% in the past 24 hours, reaching $0.000136 as of midnight EST. This surge in price follows a recent event where Binance burned 3.9 billion LUNC tokens.
Binance Burns LUNC Tokens
Binance, the world’s largest cryptocurrency exchange, conducted a burn of 3.9 billion LUNC tokens. This is the first burn since former CEO Changpeng Zhao stepped down, indicating that Binance will continue to burn Luna Classic (LUNC) tokens.
Terra Classic Price Prediction
Looking at 2-hour LUNC/USDT charts, the Terra Classic price is showing bullish momentum as the 50-period moving average surpasses the 200-period moving average to form a golden cross. The Relative Strength Index (RSI) indicator is approaching re-entry into the overbought region, further supporting a bullish short-term outlook. Additionally, the MACD is in the green zone, suggesting a potential breakthrough of the $0.00014 resistance level. The volatility of the Terra Classic price is evident from the diverging Bollinger Bands, influenced by a 195% surge in trading volume over the past 24 hours.
Terra Classic vs. TGC: A Better Option?
As the Terra Classic price continues to rise, TGC, a Telegram trading bot and cryptocurrency gambling platform, has seen a significant increase in its presale, reaching $3.2 million. TG.Casino, with its seamless integration with Telegram and user-friendly interface, appeals to both novice and experienced cryptocurrency traders. In addition to a wide range of casino games, TG.Casino offers a 150% matched deposit bonus and 500 free spins. Notably, a prominent whale sold part of their RLB bag to invest in and stake TGC, demonstrating strong investor confidence.
Robust Security Measures for User Protection
TG.Casino prioritizes user security by employing encrypted data and payment systems, ensuring protection against attacks. The TGC token serves as the primary currency within the TG.Casino platform, facilitating transactions for gaming credits and other cryptocurrencies. The presale launch of TGC witnessed over one million tokens staked within the first 24 hours, while the stakeholder annual percentage yield (APY) stands at an impressive 180.65%.
Comprehensive Tokenomics Enhance TGC’s Potential
The TGC token offers versatility by enabling exchanges for gaming credits or other cryptocurrencies, expanding its potential beyond the casino business. Acting as the backbone of the TG.Casino system, the TGC token facilitates all financial operations, including deposits and withdrawals. With well-structured tokenomics, liquidity pools, staking prizes, and a remarkable APY, TG.Casino emerges as a potential leader in the GambleFi space.
Hot Take: The Future of Terra Classic and TG.Casino
As you monitor the Terra Classic price, do not overlook TG.Casino’s potential. With its user-centric approach, expansive ecosystem, and attractive financial incentives, TG.Casino presents an enticing opportunity for future investments in the GameFi sector. Each TGC token currently sells for $0.175, but its price is expected to increase in the coming days.
Sources:
– Terra Classic Price Prediction
Hot Take: TG.Casino’s Potential Rival to Terra Classic
The surging development of TG.Casino ($TGC) and its $2.5 million funding shows that whales are migrating to this new sensation in the Telegram GameFi market. Experts predict that TG.Casino’s GameFi token may erupt similar to Rollbit after raising $3 million, with only $2 million remaining. This indicates a bright and lucrative future for TG.Casino in the realm of Telegram gambling and finance. Stay tuned for updates and opportunities to explore this promising platform.
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