The Terra Foundation’s dollar-pegged stablecoin, UST, fell 99 percent to less than $1 last year, wiping out more than $50 billion from the crypto market and throwing the market into utter chaos.
Alongside the crash, some Web3.0 startups associated with its parent company, Terraform Labs, also went bankrupt. Bankruptcies ranging from Celsius Network to Voyager Digital finally precipitated the collapse of the FTX exchange, further prolonging the crypto winter.
Since then, Terra Luna has been rebranded as Luna Classic and is managed by the LUNC Community.
With the TerraUSD Classic token posting a massive price surge recently, many community members are optimistic that the stablecoin can actually gain momentum to retest the $1 price level.
While this is a very ambitious prediction, the LUNC community is actively renewing its ecosystem to ensure LUNC is burned. It also pushes innovative programs like staking, which can help stimulate interest and increase stablecoin holdings. However, it is not yet confirmed when the team will re-fix USTC.
While USTC is debating whether it will be $1, some coins are also making headlines in the crypto market.
Notable Coins
- Wall Street Memes (WSM) – New Meme Crypto Presale With A Successful History
- yPredict (YPRED) – Artificial Intelligence Supported Investment Tool with Advanced Data
- Launchpad XYZ (LPX) – Tool to Identify the Best Cryptocurrencies
1 – Wall Street Memes (WSM) – New Meme Crypto Presale With A Successful History
Wall Street Memes (WSM), GameStop discussions also emerged as an important platform and community closely linked to the Wall Street Bets movement. Wall Street Memes aims to present a lighthearted yet incisive critique and satire of the traditional financial system by deftly combining aspects of internet culture, meme-based humor, and the realm of finance. It also offers individuals the opportunity to participate in cryptocurrency investments, with a particular focus on meme coins.
To demonstrate this concretely, the project introduced its proprietary cryptocurrency called WSM token. Those who want to buy Wall Street Memes can show their support for the movement by actively participating in the community and funding the WSM investment.
The team aims to provide clarity and build trust among the community by prioritizing transparency when explaining the project’s tokenomics.
Wall Street Memes, supported by billionaire Elon Musk, is currently in the pre-sale phase. It should be noted that the price increases at each stage. The project, which has raised over $15.4 million in funding, promises a bright and promising future, setting an impressive record for a meme coin.
2 – yPredict (YPRED) – AI Powered Investment Tool with Advanced Data
The AI-driven tool yPredict (YPRED) provides investors with sophisticated data, insights and metrics to optimize their financial returns. Also, this platform offers developers an opportunity to monetize their predictive models. That’s why those who want to buy yPredict need to hurry because the price increases at every stage.
To examine the project more broadly, yPredict is a platform developed on the Ethereum blockchain. It uses decentralized technology to create a prediction market known for its transparency and security. YPRED, the platform’s cryptocurrency, is at the heart of its operations and plays a pivotal role in enabling its various functions.
This innovative platform offers users a comprehensive range of prediction markets covering various topics such as finance, politics and sports.
The reason why yPredict is an interesting and engaging project lies in its “Social Trading” feature, which allows users to observe and copy the trading activities of the platform’s most successful traders. This feature adds an element of fun and interaction to the platform, promoting an engaging user experience.
Those who want to buy yPredict, which is currently on pre-sale and has raised over 3 million dollars, can reach the pre-sale on the website.
3 – Launchpad XYZ (LPX) – Best Cryptocurrency Identifier Tool
Launchpad XYZ (LPX) is positioned as a comprehensive Web3 dashboard aimed at empowering traders of all expertise levels. It achieves this by offering a set of essential tools that enable users to make well-informed trading decisions. Launchpad XYZ offers a comprehensive assortment of resources for effectively navigating the complex Web3 environment, covering a variety of features such as reliable data, analysis of market sentiment, and valuable insights.
There are many other features that those who want to buy Launchpad XYZ should know. These include providing comprehensive information on different utility tokens by providing key metrics regarding liquidity, analyst perspectives, customizable indicators, and potential arbitrage opportunities.
More than $1.1 million has been raised for LPX tokens, which are currently pre-sold. Those who want to buy LPX can access the pre-sale on the website.
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