The value of Terra Luna had fallen below $1 in May 2022 because the Terra Foundation’s stablecoin UST lost its fixed exchange rate. Later Terra Luna went through a rebranding and is now known as Luna Classic. Operations are also managed by the LUNC Community. The Lunc community is collaborating to raise the price above $1, but their initial goal is to raise the price of Luna Classic to 1 cent.
Unless there is a positive news flow, it seems unlikely that LUNC will experience significant price increases. Because the price of the cryptocurrency has experienced a significant decline, erasing almost all of its previous gains over the past few weeks. Currently falling below $0.000120 indicates a Negative outlook for the asset.
Investors are also exploring LUNC alternative coins. That’s why we’ve highlighted the three standout coins below.
Sponge Token V2 (SPONGEV2) – Potential Meme Coin Among the Stars of 2024
When the Sponge token was launched early last year, it was a significant success, with investors immediately embracing its enormous growth potential. Sponge V2 (SPONGEV2) seems to be following a similar path.
This token acts as a sure sign of consistent investor interest in the Sponge-themed idea. It also foresees significant growth potential that could reach tens of millions in market value. Similar to its predecessor, it is also expected to have a significant impact. For those who could not benefit from the first 100-fold increase, there is another chance on the horizon.
Purchasing Sponge Token V2 SPONGEV2 is earned by staking Sponge tokens. It is reported that the transition from V1 to V2 will occur smoothly. It is also included in the technical document of the project that owners will be allowed to stake their SPONGE and earn Sponge V2 tokens. The addition of Sponge P2E, along with other features, provides an exciting opportunity to accumulate more SPONGE.
Currently, the total amount staked and bridged is over $4.3 million, and the current price is much higher than the price at the V1 launch. For those looking for a crypto that focuses specifically on memes, Sponge V2 seems to be the most suitable option.
Meme Kombat (MK) – The Project Where All Famous Memes Meet
Meme Kombat (MK) stands out for its potential to revolutionize the gaming industry by seamlessly combining gameplay and memes. The main goal of this effort is to create a creative gaming environment enhanced with dynamic features such as passive betting and active betting, offering players exciting chances to achieve success.
During the first season, a total of eleven unique memes will compete for the title of the most sought-after best meme. Future seasons are expected to bring many new features and reward chances, guaranteeing continued engagement and significant benefits for players.
Due to the rapid action of those who purchased Meme Kombat tokens, its pre-sale attracted great attention and 50 percent of the supply was reserved specifically for the MK token pre-sale. Staking and battle rewards make up the remaining 30 percent of the allocation, while community rewards and DEX liquidity get 10 percent each. The team’s dedication to ensuring the community receives significant benefits is reflected in their generous allocation methods.
Meme Kombat has already raised nearly $6.2 million in funding. MK coin can be obtained for $0.279 using ETH or USDT. The site currently provides a tool with a remarkable annual percentage return of 151 percent. Season 2 offers additional opportunities, rewards and battle builds. The team plans to explore new gaming forms, partnerships, and more business ventures starting this year.
Bitcoin Minetrix (BTCMTX) – Mining Companies’ Nightmare Token
Bitcoin Minetrix (BTCMTX) is a cloud mining platform. It is known for its exceptional efficiency and strong emphasis on user-friendliness. The startup has built a trustworthy reputation by highlighting its unwavering commitment to security and openness. Users can easily purchase and stake Bitcoin Minetrix tokens within the platform’s ecosystem using user-friendly wallets like MetaMask, which interacts seamlessly with Ethereum.
Traditionally getting involved in Bitcoin mining has traditionally presented challenges for the average individual. However, this platform provides equal access to the opportunity by allowing any individual interested in mining the world’s most widely used crypto with its own token to participate. It increases accessibility and allows investors to earn credits for mining more Bitcoin by investing in BTCMTX.
The project has numerous advantages, such as affordable start-up costs and a reliable, user-friendly interface enhanced by a simple onboarding procedure. This process allows tokens to be obtained and eventually rewards in Bitcoin.
Bitcoin Minetrix reached major milestone during its pre-sale, raising more than $7.7 million. The next phase will prioritize the introduction of stake-to-mine desktop and mobile dashboards, enabling the first Bitcoin withdrawals to wallets.
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