Luna Classic, Big Eyes Coin and Ethereum – Why are These Coins Trending?
Luna Classic – A Lost Cause?
If you were invested in the OG Terra Luna, then you are due a great deal of sympathy (and money). The founder, Do Kwon, has been all but confirmed to be guilty of foul play in the crypto industry, stealing billions of dollars in the run-up to LUNA’s crash. So why then is LUNC (the old LUNA token) trending?
The news is that $650k of LUNC tokens have been burned. This means that they have been sent to a wallet that can only receive tokens. Put simply, those tokens will never see the light of day and be available ever again. Many believe that this is the start of the long-awaited remedial solution proposed by Do Kwon many months ago at the time of the collapse.
However, this is not enough ‘positive’ news to merit any kind of investment into Luna Classic. Do Kwon is still on Interpol’s Red List and the entire crypto community wants his head on a pike in medieval fashion. In fact, the entire LUNA phenomenon has a terrible plague to its name, one which even the new Luna 2.0 token may not be able to overcome.
For the safety and surety of your capital, it is probably advised to look elsewhere for thriving projects and higher likelihoods of strong returns on investments.
Could Big Eyes Coin save your portfolio this winter?
Meme coins make great investments for those who like to play in risky markets. Well, if you’re reading this you have likely been in the crypto market for a long time already and are no stranger to risky plays. Meme coins are certainly more volatile than more traditional cryptocurrencies. But as Uncle Ben said in Spider Man: ‘with great volatility comes great return on investment.’ Okay, maybe this quote isn’t quite word for word…
But let’s not get caught up dilly-dallying in movie quotes. Big Eyes portrays a very real wealth-generating opportunity. As one of the fastest recorded growing projects in recent times, this meme coin with cattitude could take your portfolio valuation to its next level.
Currently, in presale stage 6, the BIG token has over 100% space to grow in value before it launches later in the year. This makes a $200 investment made now worth over $400 upon launch. Assuming Big Eyes responds to well a dramatically increased liquidity exposure upon its launch on a Centralised Exchange, this $400 could very quickly double, triple… you get the picture.
Big Eyes Coin shows no signs of slowing down and should be added to your portfolio today to take advantage of this bear market high-flyer project.
Following the merge, many are perceiving problems with the Ethereum blockchain
The long-awaited ETH 2.0 merge has been completed successfully. The result?… nothing. Yep, nothing. The price action has all but disappeared and the Ethereum market, as well as the wider cryptocurrency market, is all but stagnant. Is this just a bear market drop in volume or a wider problem facing Ethereum at the moment?
Well, the merge was implemented to reduce Ethereum’s carbon footprint and it has done this remarkably well. However, some believe this reduction in carbon usage has actually negatively affected the blockchain’s decentralised integrity.The Proof-of-Stage consensus algorithm is inherently a centralised system. The more of a token you stake in these blockchains the higher reward you reap, hence inducing a desire to own more of the staked token, in this case, ETH, which gives you greater control over the transactions of the network – ultimately greater centralisation. A higher degree of centralisation means that the blockchain is far more prone to attacks – as recently seen on the Binance Smart Chain network. Has Ethereum just merged into a less secure and more centralised network? Only time will tell.
If, however, you are looking to get involved with one of the stand-out performers this bear market cycle, Big Eyes Coin offers a great opportunity.
Check the links below to find out more!
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
The post Luna Classic, Big Eyes Coin and Ethereum – Why are These Coins Trending? appeared first on Analytics Insight.
Luna Classic – A Lost Cause?
If you were invested in the OG Terra Luna, then you are due a great deal of sympathy (and money). The founder, Do Kwon, has been all but confirmed to be guilty of foul play in the crypto industry, stealing billions of dollars in the run-up to LUNA’s crash. So why then is LUNC (the old LUNA token) trending?
The news is that $650k of LUNC tokens have been burned. This means that they have been sent to a wallet that can only receive tokens. Put simply, those tokens will never see the light of day and be available ever again. Many believe that this is the start of the long-awaited remedial solution proposed by Do Kwon many months ago at the time of the collapse.
However, this is not enough ‘positive’ news to merit any kind of investment into Luna Classic. Do Kwon is still on Interpol’s Red List and the entire crypto community wants his head on a pike in medieval fashion. In fact, the entire LUNA phenomenon has a terrible plague to its name, one which even the new Luna 2.0 token may not be able to overcome.
For the safety and surety of your capital, it is probably advised to look elsewhere for thriving projects and higher likelihoods of strong returns on investments.
Could Big Eyes Coin save your portfolio this winter?
Meme coins make great investments for those who like to play in risky markets. Well, if you’re reading this you have likely been in the crypto market for a long time already and are no stranger to risky plays. Meme coins are certainly more volatile than more traditional cryptocurrencies. But as Uncle Ben said in Spider Man: ‘with great volatility comes great return on investment.’ Okay, maybe this quote isn’t quite word for word…
But let’s not get caught up dilly-dallying in movie quotes. Big Eyes portrays a very real wealth-generating opportunity. As one of the fastest recorded growing projects in recent times, this meme coin with cattitude could take your portfolio valuation to its next level.
Currently, in presale stage 6, the BIG token has over 100% space to grow in value before it launches later in the year. This makes a $200 investment made now worth over $400 upon launch. Assuming Big Eyes responds to well a dramatically increased liquidity exposure upon its launch on a Centralised Exchange, this $400 could very quickly double, triple… you get the picture.
Big Eyes Coin shows no signs of slowing down and should be added to your portfolio today to take advantage of this bear market high-flyer project.
Following the merge, many are perceiving problems with the Ethereum blockchain
The long-awaited ETH 2.0 merge has been completed successfully. The result?… nothing. Yep, nothing. The price action has all but disappeared and the Ethereum market, as well as the wider cryptocurrency market, is all but stagnant. Is this just a bear market drop in volume or a wider problem facing Ethereum at the moment?
Well, the merge was implemented to reduce Ethereum’s carbon footprint and it has done this remarkably well. However, some believe this reduction in carbon usage has actually negatively affected the blockchain’s decentralised integrity.The Proof-of-Stage consensus algorithm is inherently a centralised system. The more of a token you stake in these blockchains the higher reward you reap, hence inducing a desire to own more of the staked token, in this case, ETH, which gives you greater control over the transactions of the network – ultimately greater centralisation. A higher degree of centralisation means that the blockchain is far more prone to attacks – as recently seen on the Binance Smart Chain network. Has Ethereum just merged into a less secure and more centralised network? Only time will tell.
If, however, you are looking to get involved with one of the stand-out performers this bear market cycle, Big Eyes Coin offers a great opportunity.
Check the links below to find out more!
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
The post Luna Classic, Big Eyes Coin and Ethereum – Why are These Coins Trending? appeared first on Analytics Insight.
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