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LUNC, one of the tokens supported by the Terraform ecosystem, witnessed a sudden price increase.
It has recently gained significant attention among crypto enthusiasts around the world. According to data from CoinMarketCap, the value of LUNC increased by approximately 11 percent in the last 24 hours.
This upward trend shown by the LUNC token may be related to the recent decision of the Supreme Court of Montenegro regarding Do Kwon.
Do Kwon, the former co-founder and former CEO of Terraform Labs, faced charges of securities fraud, money transfer fraud, commodity fraud and conspiracy. Do Kwon, who was wanted with a red notice, was captured in Montenegro last March.
First South Korea, then the United States, requested Do Kwon’s extradition for trial.
Although the first response from Montenegro was positive, the decision was overturned on appeal as a result of the defenses made by Kwon’s lawyers.
Kwon will remain detained in Montenegro. The court cited the fact that Kwon had not yet been heard in court as the reason for this.
The cancellation of the Terra founder’s extradition to other countries quickly increased optimism for Terra-backed tokens, as evidenced by the LUNC, LUNA and USTC price increases.
Investors continue to look for alternative coins that can rise, such as LUNC. Purchasing Meme Kombat Token and purchasing Sponge Token V2 are two of the notable options at this point.
While Meme Kombat offers investors the opportunity to play games with high-rate staking and interesting meme characters, Sponge Token V2 draws attention with its innovative mechanism. Let’s take a closer look at the details of these projects.
Sponge V2 (SPONGEV2) – Meme Token Returning with V2 Launch
Meme token Sponge (SPONGE) took the crypto market by storm in May. Now, it’s back in the headlines with the introduction of Sponge V2, the next version of the token that promises even more potential.
Sponge V2 (SPONGEV2) is an innovative system that connects itself to the original SPONGE ecosystem. stake-to-bridge Thanks to its setup, it offers the chance to benefit from the resurgence of meme coin interest.
Sponge V2 differentiates the token from traditional pre-sales in that the only way to obtain the token is the stake-to-bridge feature. In the V2 version of the token, users must first purchase SPONGEV1 to stake and earn a SPONGEV2.
You can visit the Sponge token’s website and purchase Sponge V1 from the staking control panel and start staking. The more SPONGEV1 is staked and the longer the staking period, the more SPONGEV2 is earned.
After the staking period is completed, users will be able to receive the SPONGEV2 tokens they have earned through the website, on the dates and times announced on social media channels.
It is worth noting that there are rumors that the creators will introduce Play-to-Earn games in the near future. In this way, the most talented players will have the opportunity to obtain Sponge V2. It is said that both free and “paid” versions of the game will be available. In this way, even those who do not have crypto money will be able to enjoy the entertainment.
Thanks to this innovative structure, a small number of people will have access to the tokens, which can greatly increase the value of Sponge V2. SPONGE was one of the biggest meme coin success stories of 2023. For those impressed by this success, purchasing Sponge Token V2 may bring similar chances.
Meme Kombat (MK) – Token Aiming to Transform the Meme Coin Industry
Meme coins are generally known as coins that do not offer any benefit to investors. However, Meme Kombat aims to transform the industry. In this context, gaming culture is combined in an innovative Battle Arena that allows meme characters to battle each other. A platform is emerging that allows users to bet on outcomes.
Meme Kombat makes a difference with its unique approach to staking. The platform’s dynamic staking feature offers high-rate annual interest yield (APY) to stakers. Users can not only stake MK tokens, but also play games using their staked tokens.
The platform’s seamless blend of on-chain and off-chain structures enables cost-effective and efficient staking. It also enables innovative gaming experiences. The platform is positioned to appeal to meme coin investors, as season one of Meme Kombat is set to showcase the best meme coins.
11 popular meme characters face off in exciting competitions in the Battle Arena. MK token holders can predict who will win and place bets using their tokens.
The team plans to introduce new characters and games in the second season. To be informed about further developments regarding the token, you can visit the Meme Kombat website and read the road map.
ETH, USDT or BNB tokens can be used to purchase Meme Kombat tokens. Pre-sales continue rapidly. By many analysts, Meme Kombat is among the cryptocurrencies with high potential in both the short and long term.
As the crypto winter melts away, investors are on the lookout for the next big coin. Meme Kombat puts forward its claim to become a major coin with its unique combination of gaming, staking and meme culture.