LUNC or Terra Luna Classic has been fighting hard to bring its blockchain back to its previous glory days. It was before last year in May when the ecosystem of Terra collapsed. Terra has been at the forefront to bring stablecoins to crypto. Binance is one of the dominant crypto exchanges globally. Now it is assisting to revive both Terra Classic and LUNC its stablecoin. Binance is supporting the network upgrade of Terra Classic.
Unsteady future of Binance
It will let you trade more than 360 cryptos such as Bitcoin, Dogecoin, and LTC. But this crypto exchange has been going through an uncertain future. It is because of regulatory pressures. In March 2023, the CFTC filed a lawsuit against it. The first and oldest bank in Australia, Westpac also banned Binance from its payment service. If you are new to cryptocurrency trading or investments then you must visit the Bitcoin trading platform known as immediate revolution 360
A matter of concern for Binance-associated tokens and blockchains
So the support of Binance that it provides to many cryptos including Terra Luna Classic is a matter of concern. The backing of this crypto exchange can add a boost to the visibility of LUNC and its trading volume. But it is still uncertain how the regulatory challenges will affect the exchange and its linked tokens and blockchains.
The network upgrade of Ether will enhance the trading volume
Vitalik Buterin founded Ether in 2015. It is still one of the most popular blockchain networks even after staying behind in the latest technology trends with other modern blockchain networks. But Ether is fast-moving by transitioning to Ether 2.0. It implemented the Proof of Stake consensus mechanism. This upgrade will boost security, efficiency, and scalability. It is anticipated to draw in more developers and users to the ecosystem of Ether. It will lead to increased activity of trading and liquidity for Ether-based tokens.
Big Eyes Coin will benefit from Ether 2.0
Big Eyes Coin is an Ether-based token that is ready to benefit from the upgrade of Ether. It uses its meme power of cutesy art and cat memes for spreading hugely online. It is eager to pave a home on Web 3.0 that is themed around this token and its great designs that are woven into browsing, transactions, shopping, socializing, and so on.
Plans of Big Eyes Coin for its trading volume for 24-hour
It has complete decentralized ownership. It is its main selling point. On the day of the launch, 80% of these tokens will be available to its community. Using the charity wallet of BIG, the community will be able to pick charities for donation. It is planning to create a trading volume for 24 hours for this token to increase its value. This year on 29th August, a BIG casino will be launched with more than 4000 games and many P2E games. This community will be having many exciting ways of earning this token. They can spend it on creative digital assets variety at the NFT marketplace. They can share the NFTs and showcase them at the NFT Sushi Crew. Here the community usually gathers in the virtual space.
Should you buy Terra Luna Classic?
If you consider the constant efforts of the community of Terra Luna Classic to reduce the supply of the token and upload the token's value in their minds, you can see that it may have a bright future. Its technical front shows an increasing edge for buying. But one must remember the risks linked with investing in any project that is subjected to a huge mishap. If it falls prey to any scheme, then the price may fall in the upcoming sessions.
Few final words
To be part of the dominant race in the future of crypto, the ability to deliver inherent value is very important. Terra Luna Classic may have faced the latest increase in its value. But its viability and sustainability in the long term will depend on many factors. These are utility, community support, and adoption. Ether along with its upcoming upgrade is ready to address issues of scalability and strengthen its position as one of the best blockchain platforms. Also focus of Big Eyes Coin is on liquidity and trading volume. They reflect its commitment to creating a perfect ecosystem where both investors and traders can thrive.
