Predicting a token's future value goes a long way in ensuring crypto enthusiasts and investors get the best return on their investment. Many platforms have gained popularity either by airdrops or Initial Coin Offerings (ICOs) in the crypto market. Still, investors use technical analysis and other underlying factors to determine the certainty and longevity of a project.
Terra Luna Classic ($LUNC) is a digital asset that has seen tremendous growth since its launch into the cryptocurrency market. Despite current crypto market conditions, Terra Luna Classic is gaining bullish momentum, catching the attention of crypto experts and investors.
This post provides information regarding the prospective price of Terra Luna Classic ($LUNC). Also, for prospective investors looking to invest in promising crypto assets, Tamadoge, Dash 2 Trade, Calvaria, and IMPT are on the horizon with outstanding features and utilities worth considering in the current bear market. Keep reading to learn more!
The pattern of Terra Luna Classic has seen some bullish prospects in September. Earlier this month, there was a bullish surge in the $LUNC price following a September announcement from the Binance CEO, Changpeng Zhao (CZ). He stated that Binance is implementing the Terra classic burn mechanism by burning all trading fees on $LUNC trading pairs.
Despite the mixed reactions concerning Terra Luna Classic's future, the technical analysis perspective of the crypto asset looks quite bullish. It is currently testing a support level and to continue its price to the upside, $LUNC must break beyond the $0.00037 resistance level.
Let's consider the chart.
As seen in the Intraday chart of LUNC/USDT, September provided an upward price movement before hitting a potential weekly supply. The month of October, however saw price retracing towards the impulse September zone.
While this price action is caught between two key zones, there are two likely scenarios that November price action could provide.
$LUNC can either hold the $0.00018 support level and increase its price or target the resistance level at $0.00037. These scenarios should provide caution to prospective traders who may want to hold more $LUNC tokens in their bags.
Furthermore, it's important to note that, despite slow bullish intentions regarding the $LUNC price, many investors could consider alternatives that can provide the "Buy Low, Sell High" euphoria in this bear market.
With over $4.5 million raised in ICO, Dash 2 Trade platform provides a world-class dashboard where users can access trading tools that will give them a creative edge in the market.
This dashboard enables users to test different trading strategies and tools that will ensure they take the best trades in the crypto market and hold long-term investment positions to earn huge profits.
The dashboard can be accessed via $D2T tokens, and holders can subscribe (either 400 D2T or 1,000 D2T for starter and premium tiers, respectively). These subscription plans ensure that this utility token creates demand resulting in organic growth in its price.
Dash 2 Trade is presently running its presale to showcase this unique crypto platform and its token. Crypto enthusiasts and traders can purchase a considerable amount of D2T tokens at a presale price of $0.05 on the Dash 2 Trade Platform's official homepage.
Calvaria is an excellent play-to-earn ecosystem to speed up crypto adoption through attractive gameplay. Calvaria platform is providing a quality flagship game called Calvaria: Duels of Eternity.
Calvaria combines gaming and blockchain functions by providing this flagship battle card game where users can freely access the in-game characters and employ different battle strategies to dominate opponents and earn rewards.
Users earn rewards through the $eRIA token, an in-game asset for purchasing card upgrades and resources. Users also earn $RIA, the ecosystem's native token, and utilize the token in a staking system to earn passive income.
There is a chance to accumulate $RIA tokens before the product launch, as Calvaria is in its fourth presale round. Crypto investors can then take advantage of this crypto presale to enjoy substantial long-term profits.
IMPT platform is a green crypto platform showcasing excellent eco-friendly utilities to global users to reduce their carbon footprints. Users can engage in environmental projects provided by the IMPT platform and earn carbon credits through a carbon offset program.
In addition, IMPT.io connects users and businesses to eco-conscious brands by purchasing their products and services. Built on blockchain technology, the IMPT platform can track every user purchase made from these affiliate brands and receive carbon credits.
These carbon credits can be traded for real money in the IMPT marketplace, or users can choose to retire their carbon credits and receive NFTs. This program initiative has led to IMPT.io raising over $12 million in their presale event.
With many conversations regarding saving the environment, IMPT.io is at the forefront, and crypto investors can purchase IMPT tokens (which will later be converted to carbon credits) before the platform fully launches in the market.
A popular school of thought among the crypto community is that "The best projects shine in the bear market." This statement is profound in Tamadoge as it shines in excellence despite the bearishness of the crypto market.
In case you missed out on Terra Luna as it gained a massive uptrend in price, Tamadoge could perform similarly or even more incredibly in its price action. Tamadoge recently completed a successful presale by raising over $19 million in capital, which is more than Ethereum's $17.3 million raised during its 2014 Initial Coin Offering. During the presale, Tamadoge tokens were sold at $0.01, $0.02, and $0.03.
To further prove its excellence, after listing on the OKX exchange as TAMA/USDT, many investors saw potential returns of over 180% as more investors purchased Tamadoge tokens. With its early success, crypto experts believe this token's long-term price will be astonishing.
It then begs the question: what is Tamadoge? Basically, Tamadoge started as a meme coin similar to Dogecoin. At the time of writing, Tamadoge currently holds more than $22 million in market capitalization with a significant 24h trading volume of over $2 million. Moreover, it comes packed with intriguing utilities that capture crypto audiences worldwide.
Tamadoge is a play-to-earn gaming project that enables users to create, breed, and battle with their Tamadoge pets. The Tamadoge pets are NFT-powered. Users are rewarded when they compete with their Tamadoge NFTs to secure the top spot on the leaderboard every month.
Tamadoge solely focuses on gameplay by rewarding users based on performance and simply by playing Tamadoge. This feature enables organic growth within the Tamadoge ecosystem. Also, the Tamadoge native token is $TAMA, which drives the Tamaverse – the platform's Metaverse where the Tamadoge Pets thrive.
Strong tokenomics are vital to any project's success. Many p2e platforms provide inflationary tokens with an infinite circulating supply, thereby making it difficult for the project to thrive.
To begin with, the total supply of $TAMA tokens is 2 billion. Half of the tokens have been sold in its presale. 20% of the remaining supply is reserved for Centralized Exchanges (CEXes) and Decentralized Exchanges (DEXes) listings. The remaining 30% will be unlocked gradually over ten years to fund existing and future Tamadoge projects.
In terms of revenue generated, Tamadoge tokens also feature a deflationary mechanism that helps achieve price stability. For every Tamadoge internal transaction made, there will be a 5% burn rate which drives scarcity and offer higher prices of $TAMA tokens. The remaining 95% is allocated to marketing and project development (about 30%) and a play-to-earn prize pool for users who lead the leaderboard (65%).
To further drive the value of the Tamadoge token, the project plans to be listed on Centralized Exchanges (CEX). Centralized Exchanges provide more widespread popularity and bigger liquidity pools than Decentralized Exchanges. As such, many crypto investors and institutional traders will take advantage of this fantastic project when it becomes listed on CEXes.
Currently, Tamadoge already has a confirmed listing on the LBANK exchange, a centralized exchange. Also, Tamadoge plans to launch on several top DEXes and CEXes in line with their roadmap.
Furthermore, Tamadoge aims to feature a series of Metaverse partnerships and release its Augmented Reality App that will enable Tamadoge pets into the real world by 2023. These are exciting developments, and more is happening on the Tamadoge platform.
This article gives a detailed analysis of $LUNC and provides insights on the coins that are pumping in the current bear market. Without any doubt, Dash 2 Trade, Calvaria, IMPT, and Tamadoge are amazing crypto projects packed with utilities. Thus, you should consider diversifying your portfolio with these digital assets.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.