The Terra Luna Classic community is voting on the controversial proposal to increase the burn tax from 0.5% to 1.5% again. This can significantly boost LUNC and USTC burn rates, increase funds in the Community pool and Oracle pool, and trigger a rally in LUNC price. The community remains divided on increasing the on-chain tax rate as some agree with Binance co-founder Changpeng “CZ” Zhao to keep the burn tax low. On the other hand, some believe the Terra Luna Classic chain revise it now. LUNC News: Terra Luna Classic Community Burn Tax Proposal The Terra Luna Classic community is voting on proposal 12149 “ Set On-Chain Tax Rate to 1.5% ” on the Station wallet. It aims to increase the on-chain tax rate from 0.5% to 1.5% and leave it unchanged unless the total supply reaches 10 billion LUNC. The move comes after the successful implementation of the v.3.3.0 LUNC network upgrade . The upgrade simplified tax handling and reduced the burden for developers and dapps to build on the Terra Luna Classic network. The 0.5% LUNC burn tax is currently split into 80% and 20%, with the 20% breakdown as — 10% to the community pool and 10% to the oracle pool. If the tax is increased to 1.5%, it will increase the burn tax to 1.2% from the current 0.4%. Also, it will increase the contribution to the Community Pool and the O racle Pool , making all components boost by three times. At present, the proposal has received 43.24% “Yes” votes, with 16.01% “No” and 40.74% “No with veto” votes. The voting by validators and delegators indicate the community remains divided again. A validator commented, “Please do not sabotage builders & L2 projects. Veto because the 30th attempt is one too much.” LUNC and USTC Price Action Raising the burn tax to 1.5% will increase the rate of LUNC and USTC burns from the tax, the community pool funding rate, and funding to the oracle pool for long-term Terra Luna Classic staking rewards. LUNC price fell 9% in the last 24 hours amid market-wide selloff, with the price currently trading at $0.0001135 . The 24-hour low and high are $0.0001115 and $0.0001243, respectively. However, trading volume has increased by 38% in the last 24 hours. Meanwhile, USTC price also dropped 7%, with the price now trading at $0.02029. The 24-hour low and high are $0.01887 and $0.02178, respectively. The trading volume saw an 87% rise over the last day. The post Terra Luna Classic Votes on Proposal to Revise LUNC Burn Tax to 1.5% appeared first on CoinGape .
Sui price joined other altcoins in bouncing back after falling sharply following the hawkish Federal Reserve interest rate decision. It has been one of the best-performing cryptocurrencies this year, rising by 440%. Will the Sui token price crash now that the total value locked (TVL) in its DeFi protocols and the number of developer commits are falling? SUI Price At Risk of Crash As DeFi TVL Sinks Sui price is trading at $4.56 on Wednesday and is close to its all-time high of $4.9. One reason for its surge is that the volume of assets in its DeFi protocols is rising, and currently sits at over $1.7 billion. This growth makes it the ninth-biggest blockchain in the industry. It is bigger than other popular chains like Avalanche, Aptos, and Polygon. However, the ongoing surge in DeFi assets is mostly because of the ongoing Sui price surge, which has lifted the volume of its assets. The TVL has been in a downtrend in SUI terms after peaking in September this year. It has moved from 730 million in SUI terms to the current 385 million, its lowest level since April. This is a sign that its DeFi protocols are not doing all that well, which could, in theory, affect its price. SUI DeFi TVL SUI Network Commits And Core Developers Falling The other potential risk for the SUI price is that the number of developer commits is falling. Commits refers to changes made by developers and saved to a network. Ideally, more commits are signs that the network is seeing more activity. Data shows that the number of commits in December stands at 950, down from a peak of 5.3k in May last year. They peaked at 2.93k in January this year, and the trend has not been all that promising. The number of core developers has dropped to 44 from the year-to-date high of 86. However, Sui is also seeing some positive fundamentals. For example, the volume of stablecoins in its chain has risen to over $377 million. Its DEX protocols like Cetus, Bluefin, Kriya, and DeepBook are also seeing strong volume. SUI Core Developers SUI Technical Analysis As Rising Wedge Forms The daily chart shows that the SUI token price has been in a strong uptrend. Using trend-following principles, this uptrend will likely continue for a while since it remains above all moving averages. However, some potential risks have come up and point to a potential retreat. It is forming a rising wedge chart pattern, a popular bearish sign. This pattern happens when an asset forms two ascending and converging trendlines. A bearish breakout happens when they near the tip. The other risk is that it is nearing the extreme overshoot level of the Murrey Math Lines, where most assets retreat. Also, it remains much higher than the 50-day moving average, meaning that a mean reversion may happen. SUI Price A breakdown would lead it to the major S&R pivot point at $3.125, which is about 30% below the current level. On the flip side, a move above the year-to-date high of $4.96 will invalidate the Sui price bearish view and point to more gains to $6. The post Is SUI Price About To Crash As DeFi TVL Plunges? appeared first on CoinGape .
Every once in a while, the crypto market presents an opportunity so compelling it feels like déjà vu. Back in 2021, Solana (SOL) stunned the crypto world with its incredible 17,100% rally, transforming early believers into millionaires. Now, analysts are buzzing about a new contender— Lightchain AI (LCAI) —that bears striking similarities to Solana’s early days. Priced at just $0.003 during its presale, this AI-powered blockchain is creating waves for its innovative technology and explosive growth potential. Could Lightchain AI follow in Solana’s footsteps and deliver astronomical returns? Let’s explore why history might just repeat itself. How Solana Rose from $0.50 to Over $260 in 2024 Solana’s meteoric rise began with its promise of unmatched scalability and speed. Leveraging its unique Proof of History (PoH) consensus mechanism, Solana became a haven for developers seeking a high-performance blockchain for DeFi, NFTs, and gaming applications. Key drivers of Solana’s success included: Developer Adoption: A rapidly expanding ecosystem of decentralized applications. Institutional Backing: Support from major investors like Alameda Research. Community Growth: Grassroots campaigns that built strong investor confidence. By the time Solana’s ecosystem reached maturity, its early investors were already enjoying life-changing returns. Lightchain AI: The New Contender for Massive Gains Just as Solana transformed blockchain scalability, Lightchain AI (LCAI) is set to revolutionize the integration of artificial intelligence (AI) with decentralized systems. Priced at just $0.003 during its presale, LCAI is positioning itself as a leader in AI-powered decentralized applications (dApps). Like Solana’s early days, Lightchain AI offers a developer-friendly ecosystem with tools tailored for AI-driven applications, including its Artificial Intelligence Virtual Machine (AIVM), which lets developers embed machine learning models into dApps. This unlocks new possibilities in industries like predictive analytics, logistics, and finance. For scalability, Lightchain AI introduces Proof of Intelligence (PoI), a consensus mechanism that rewards nodes for meaningful AI computations, advancing both network efficiency and AI research—similar to Solana’s Proof of History (PoH). Lightchain AI’s growing community reflects Solana’s grassroots beginnings. With over $1.2 million raised in its presale and rising interest from institutional investors, it’s quickly becoming a transformative player in the blockchain and AI space. Keep an eye on Lightchain AI as it bridges AI and decentralized tech. Key Features That Set Lightchain AI Apart Lightchain AI is more than just another blockchain—it’s a next-generation platform designed to address real-world challenges through AI integration. Data Privacy Innovations: Lightchain AI enables secure data sharing using advanced encryption methods, ensuring compliance with global privacy regulations. Cross-Chain Interoperability: Unlike Solana, which faced congestion issues, Lightchain AI supports seamless interactions across multiple blockchains, providing unparalleled flexibility for developers. Deflationary Tokenomics: With a burn mechanism that reduces token supply over time, Lightchain AI ensures long-term value appreciation for LCAI holders. Why Analysts Predict a Massive Rally for Lightchain AI Just like Solana took the chance for big blockchains in 2021, Lightchain AI is ready to le͏ad the next round of new ideas with its AI-linked blockchain answers. Experts guess that LCAI might hit $5–$10 by 2025, giving a possible return of 1,500 times to 3,000 times for first investors. The plan’s path is just as hopeful. By start of 2024, Lightchain AI aims to start its testnet and begin taking in builders. In March 2025, a mainnet will go live, letting full use for its Proof of Smartness (PoS) plan and Artificial Mind Virtual Machine (AMVM). After 2025, the project wants to grow into business-level AI uses and make cross-chain links paving the way for more adoption and new ideas. A Rare Opportunity in the Making Investors and crypto enthusiasts alike are keeping a close eye on Lightchain AI , as the project has all the makings of a potential game-changer. With its innovative technology, growing community, and strong backing from both retail and institutional investors, Lightchain AI could very well follow in Solana’s footsteps and provide astronomical returns for early believers. But as with any investment opportunity, it is important to conduct thorough research and due diligence before making any decisions. While history may be hinting at a repeat performance, there are always risks involved in investing in emerging technologies. Only time will tell if Lightchain AI can deliver on its promises and potentially become the next big thing in the crypto world. So, it is crucial to keep a close eye on this exciting project as it continues to evolve and make its mark in the ever-changing landscape of blockchain and AI technology. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://x.com/LightchainAI https://t.me/LightchainProtocol Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Are you searching for the best crypto to buy now, hoping to ride market trends for big gains? Choosing the right coins for investment is crucial as the crypto market evolves. This article explores five promising coins expected to surge, making them the best crypto to buy now. Each coin was selected based on its innovation, market potential, and strong community support. Investing in these coins allows you to position yourself strategically for potential growth. Dive into the details and performance predictions to decide on the best crypto to buy now. These 5 coins are set to explode, offering substantial profit potential. To achieve success, always invest smartly and make decisions based on thorough research. Top 5 Best Crypto to Buy Now Aureal One (DLUME) DexBoss (DEBO) yPredict (YPRED) Qubetics (TICS) Decentraland (MANA) These selections offer unique value, making them the best crypto to buy now for investors seeking portfolio diversification. These cryptocurrencies feature innovative technology and strong market positioning, setting the stage for rapid growth. As you explore each project, you’ll understand why these 5 coins are set to explode. These projects are among the best crypto to buy now, promising strong returns. Make sure to invest smart by focusing on projects with high growth potential. 1. Aureal One (DLUME) Aureal One is becoming one of the best crypto to buy now, thanks to its innovative blockchain technology. It targets the fast-growing gaming and metaverse sectors. The gaming market could surpass $250 billion by 2025, making Aureal One an ideal investment. Its ecosystem includes DarkLume, a decentralized metaverse platform, and Clash of Tiles, a high-speed strategy game. Early investors can buy DLUME tokens for just $0.00428082 during the presale, offering a chance for significant returns. With the blockchain and token swap set for 2025, Aureal One’s value could surge, making it a top investment opportunity. Click here to know more about Aureal One Aureal One uses Zero-Knowledge Rollups (ZK-Rollups) to ensure fast transactions and low gas fees. This is essential for gaming applications. The platform can process thousands of transactions per second (TPS), ensuring smooth gameplay and real-time interactions. The DLUME token will fuel in-game purchases, staking, and ecosystem transactions, driving demand. The low presale price and limited token supply encourage early adoption. As the network grows, its value will likely rise, making Aureal One one of the best crypto to buy now. Especially for investors seeking growth in blockchain gaming and the metaverse, Aureal One is the best crypto to buy now. 2. DexBoss (DEBO) DexBoss (DEBO) offers an exciting opportunity for crypto investors, especially those seeking the best crypto to buy now. The presale starts at just $0.01 and will rise to $0.15 at listing. This structured price increase could lead to a 15x return for early participants once the token hits the open market. DEBO stands out for its true utility: it powers the entire DexBoss ecosystem, from trading to liquidity provision. This real value drives long-term growth for investors, making it one of the most promising projects in DeFi today. DexBoss aims to solve key DeFi challenges like low liquidity, high fees, and slow transactions. The platform offers over 2000 cryptocurrencies for trading and features like near real-time order execution, high-leverage trading, and liquidity farming. These tools attract both retail traders and institutional investors seeking deep liquidity and strong market conditions. As DexBoss grows, the deflationary buyback-and-burn model for DEBO will increase scarcity, making it even more appealing for long-term holders. With a fixed supply of 1 billion tokens and a roadmap targeting $50 million, DexBoss is set for substantial growth. Early investors securing DEBO tokens during the presale could see significant gains as the token’s price rises and liquidity grows. The platform’s mass adoption strategy, user-friendly interface, and edge over centralized exchanges will continue to attract many users. DexBoss offers a strong opportunity for anyone looking for the best crypto to buy now, with its solid fundamentals. 3. yPredict (YPRED) yPredict (YPRED) is one of the best crypto to buy now. It offers an innovative AI-driven trading research platform. Traders can access data-driven insights and tools to navigate volatile markets. yPredict’s ecosystem features a marketplace where financial data scientists sell predictive models for YPRED tokens. This incentivizes both developers and traders, boosting YPRED token demand. With only 100 million tokens in supply, YPRED has strong potential for value growth. Investors can stake tokens and earn high APY returns, increasing interest in YPRED. The platform uses cutting-edge technology and a DAO model to ensure verified predictive models. These models deliver real-time trading signals to help traders stay ahead of market trends. yPredict provides pattern recognition, sentiment analysis, and transaction insights. These tools give traders an edge over traditional methods. Developers and traders can also earn passive income through staking rewards and the marketplace. As yPredict grows, its tokenomics and utility make it a promising best crypto to buy now for long-term investors. 4. Qubetics (TICS) Qubetics stands out as a Layer 1 blockchain that integrates ecosystems like Bitcoin, Ethereum, and Solana. It enhances Web3 aggregation with scalability, security, and interoperability. The platform offers a decentralized virtual private network (dVPN) and an open-source, non-custodial wallet. These features provide greater user control and privacy. The TICS token presale quickly surpassed $1 million, reflecting strong investor interest. Analysts believe the platform has significant growth potential. If you are looking for the best crypto to buy now, Qubetics remains a promising choice in the blockchain space. 5. Decentraland (MANA) Decentraland shines in the metaverse and cryptocurrency markets with its unique MANA token. Users perform in-game transactions, like purchasing land or customizing avatars, using this token. It holds the position of the fourth-largest gaming crypto, following ApeCoin and Axie Infinity. Decentraland offers free access to its virtual world, allowing exploration and interaction without payment. Owning and developing virtual land within the platform can, however, be expensive. It competes strongly with platforms like The Sandbox, creating vast investment opportunities in virtual economies. As the best crypto to buy now, Decentraland offers growth and innovation potential in the digital universe. The Best Crypto to Buy Now Each of these coins offers significant potential for growth. However, Aureal One stands out as the best crypto to buy now. It focuses on high-growth sectors like gaming and the metaverse. The coin combines innovative technology with market trends, making it a strong investment option. Aureal One aligns perfectly with the current growth of these industries. It has great potential for investors seeking high returns. Before investing, always do thorough research, especially when selecting the best crypto to buy now. With its cutting-edge approach, Aureal One could see massive gains. For anyone looking to invest smart, this coin offers a promising opportunity. Keep an eye on this asset as it could become a market leader. The post Invest Smart: 5 Coins Set to Explode Amid Bitcoin Crash – Best Crypto to Buy Now appeared first on TheCoinrise.com .
This significant leap forward in processing power leads to questions about Bitcoin’s legendary security, unbroken for 15 years since the genesis block.
Bitcoin maintains an upward trend at $105,135 according to Kevin Svenson. The MACD indicator suggests strong bullish signals for Bitcoin's price movement. Continue Reading: Kevin Svenson Analyzes Bitcoin’s Positive Trends and Key Support Levels The post Kevin Svenson Analyzes Bitcoin’s Positive Trends and Key Support Levels appeared first on COINTURK NEWS .
The second stop of HTX DAO’s “Confidence Journey” in China concluded successfully on December 13, 2024. The event, hosted by HTX DAO and co-organized by the SUNDOG Community, Balance, and HTX, featured prominent figures like Jiang En, founder of the China DOGE Association; Cheng Qian from the DOGE community; and Molly, spokesperson for HTX DAO. Attendees discussed key topics, such as the Dogecoin ecosystem’s development, investment opportunities, and emerging cryptocurrency trends. HTX DAO Partners with Dogecoin Community to Create a Meme-Friendly Exchange $DOGE has once again garnered attention, fueled by the favorable news of Donald Trump’s election as U.S. president and Elon Musk’s key role in shaping political and economic decisions in Trump’s administration. Since its inception in 2013, Dogecoin has weathered several market cycles. With its current momentum, some predict it could surpass previous highs and hit a market cap of $100 billion, potentially reclaiming its position as the most significant meme coin in the crypto space. The popularity of $DOGE suggests that traditional metrics, such as market capitalization, are no longer the sole indicator of value. “Meme” culture has become increasingly significant. The collaboration between HTX DAO and the Dogecoin community represents more than a simple connection; it signifies a broader movement toward decentralized ecosystems, pushing boundaries and exploring unlimited possibilities. During the event, Cheng Qian and Molly stated their mutual objective: collaborating on key areas like community governance, R&D, and ecological applications to foster a more open and inclusive decentralized ecosystem. This partnership aims to deliver greater value and innovation to global users while establishing a model for win-win cooperation within the cryptocurrency industry. The planned collaborations include: 1. Enhancing Cross-Community Interaction and Engagement: Joint events, online and offline exchanges, and active engagement on social platforms will strengthen ties between the two communities. 2. Optimizing Decentralized Governance: Collaborative initiatives will refine decentralized governance mechanisms, establishing a more transparent and effective decision-making process. This includes innovative approaches to governance proposals, equity allocation, and key decisions, ensuring all community members’ views and interests are considered. 3. Expanding the Utility of $DOGE and $HTX: The partnership will focus on elevating the ecosystem value of $DOGE and $HTX. More efforts will be made to enhance the practical application of $DOGE and $HTX, such as promoting collaboration within the Web3 ecosystem, expanding use cases in more payment scenarios, and driving deeper integration into the DeFi space. Cheng Qian and Molly also stated that they would work together to make HTX a more welcoming and beneficial exchange for users interested in meme coins, and empower the sustainable growth of the meme coin ecosystem. Co-Building and Sharing the Crypto Space: HTX DAO and HTX Committed to Driving Industry Progress During the event, Molly shared the latest developments of HTX DAO and $HTX. She reported that $HTX has seen a significant recovery from its low of $0.0000008 in early August, reaching a peak of $0.000003596. Currently, There are 695,540 $HTX holders, with over 164,000 holding on the HTX platform. The number of users holding more than 100,000 USDT worth of $HTX has increased by 110%, while the number of large holders has grown by 268%. HTX has also established 138 strategic partnerships. Molly, as a core builder of HTX DAO, explained earlier this year, that some people sold $HTX due to a lack of understanding and trust in the 50% burning mechanism and platform governance — essential for the healthy and long-term growth of HTX DAO. Those who maintained their belief and saw the market correction as an opportunity, have benefited from their conviction. Molly also highlighted the rapid transformation of the crypto industry and its impact on the global financial landscape. With innovations and gradual development of clearer regulatory frameworks in recent years, she emphasized that the crypto space is at a pivotal moment, moving toward greater openness, connectivity, and sustainability. HTX DAO and HTX believe the future belongs to everyone, not a select few, and that continued exploration and collaboration are vital to the foundation of this ecosystem. She stressed HTX DAO and HTX are committed to driving industry development and working with all co-builders to create an open, transparent, and equitable crypto future for everyone. The event concluded with a lively banana auction, a symbolizing community spirit. This auction captured the attention of the entire audience, with everyone vying for the banana in fierce competition. The winning bid of 650 million $HTX was placed by an elementary school girl, who in a post-auction interview, proudly stated, “I am also a Bitcoin holder,” generating laughter and applause, reflecting the enduring blockchain spirit and the enthusiasm of the next generation. About HTX DAO As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO. Contact Information Website: www.htxdao.com Email Address: media@htxdao.com The post HTX DAO’s “Confidence Journey” Second Stop a Success: Partnering with DOGE Community to Build an Open and Inclusive Crypto Ecosystem first appeared on HTX Square .
The Own the Doge DAO is stirring up the crypto community after acquiring intellectual property rights for Neiro, the successor to Kabosu—the iconic Shiba Inu that inspired the original Doge meme. With Kabosu’s passing, her owner Atsuko Sato adopted Neiro, sparking a wave of memecoins vying for association with the younger Shiba Inu. A Battle … Continue reading "Own the Doge DAO Sparks Debate Over the Official Neiro Token" The post Own the Doge DAO Sparks Debate Over the Official Neiro Token appeared first on Cryptoknowmics-Crypto News and Media Platform .
Solana (SOL) is displaying signs of recovery as market sentiment shifts bullish, but uncertainty looms regarding its next significant market move. Recent data indicates a notable uptick in transaction activity
While memecoins continue to be in the spotlight of investors, a critical memecoin survey came from Binance, the world's largest cryptocurrency exchange. Binance reported in a survey of global users that cryptocurrency investors have more memecoins in their wallets than Bitcoin. Binance stated that this survey was conducted with over 27,000 users from six continents, including Asia, Australia, Europe, Africa, and Latin America. The survey results revealed that cryptocurrency holders own more memecoins than Bitcoin. 16.1% of surveyed users stated that they own memecoins, while 14.4% of participants stated that they own Bitcoin (BTC). Memecoins and Bitcoin were followed by BNB with a rate of 14.2%. Interestingly, survey participants holding BNB are outperforming Ethereum, which has a 10.9% investment rate. The survey results show that memecoins are not only popular in terms of current investment rate, but also a cryptocurrency class that users are very excited about for the future.” While Binance survey respondents indicated that they were optimistic that memecoins would become market leaders by 2025, AI altcoins took the first place despite memecoin expectations, with 23% of respondents predicting that AI altcoins would drive market growth in 2025. Binance recently said that the survey results revealed that Binance Spot trading was the most widely used product among respondents. “25.89% of the 27,000 respondents identified Binance Spot as their preferred product. Binance Earn came in second, with 25.34% of users actively using its features to grow their crypto assets. Binance Convert came in third place, with 17.33% of respondents choosing it as their preferred tool for seamless crypto conversions. These results highlight the various ways Binance users interact with the platform’s ecosystem to meet their various financial needs,” Binance said. *This is not investment advice. Continue Reading: Bitcoin (BTC) and Memecoin Report from Binance! The Results Were Surprising!