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Cryptocurrency News Articles

Terra Classic Surges as Do Kwon's Release Boosts Optimism

Apr 04, 2024 at 01:38 am

Terra founder Do Kwon's release sparks a surge in LUNC as Ocean Protocol (OCEAN) joins forces with Fetch.ai and SingularityNET in an AI token merger. Meme coins, particularly Milei Moneda ($MEDA), are gaining traction amid Bitcoin's halving anticipation, offering substantial growth potential during the bull run.

Terra Classic Surges as Do Kwon's Release Boosts Optimism

Terra Classic Soars as Do Kwon's Release Sparks Optimism

The crypto landscape witnessed a surge in Terra Classic's (LUNC) value following the release of its founder, Do Kwon, from Montenegrin custody. Kwon's apprehension in May 2023 for allegedly falsifying travel documents had cast a shadow over the Terra ecosystem. However, his recent departure from prison has ignited hope among investors, leading to a 10% spike in LUNC's price within 24 hours.

While InvestorObserver remains cautious, rating LUNC as a low-risk investment, the token's resilience is noteworthy, having maintained its gains over the past week. Furthermore, the Terra community's recent record-breaking token burn of 105 billion LUNC coins, despite a previous dip in burn rates, has also contributed to the positive sentiment.

Analysts suggest that Terra Classic, while not yet跻身the ranks of top crypto investment choices, remains a coin to monitor as the bull run approaches.

Ocean Protocol (OCEAN) Joins AI Token Merger, Propelling Price Surge

In a strategic move to enhance the integration of artificial intelligence (AI) within Web3, three leading AI crypto projects—FetchAI, SingularityNET, and Ocean Protocol (OCEAN)—have announced a merger of their tokens. The alliance aims to create an Artificial SuperIntelligence (ASI) coin, which will serve as a unified platform for the three networks.

The blockchain and network structures of FetchAI, SingularityNET, and OCEAN will remain independent, while their respective CEOs will assume key management and operational roles within the SuperIntelligence Collective. This collaboration is expected to drive innovation and accelerate the adoption of AI tools in the Web3 ecosystem.

Ocean Protocol (OCEAN) has witnessed a significant price surge of approximately 38% in response to the merger news. Analysts anticipate further gains as the alliance materializes.

Milei Moneda: A Meme Coin with Real-World Utility Poised for Spectacular Launch

Meme coins have long relied on humor and irony to attract investors. However, Milei Moneda ($MEDA) aims to challenge this norm by introducing a meme coin with tangible applications and features rivaling those of top DeFi projects.

Inspired by Javier Milei's ardent support for cryptocurrency as Argentina's president, Milei Moneda seeks to promote decentralized finance (DeFi) globally through memes and humor. The project's community plays a crucial role, with token holders eligible for benefits such as exclusive NFTs, giveaways, and special events.

Milei Moneda is currently holding a presale, offering tokens at $0.010 each. Early investors have the potential to reap 100% returns by May, when the token is expected to launch at $0.020. The presale has already garnered considerable attention, attracting investors from major DeFi projects.

As the crypto market anticipates the upcoming bull run, Milei Moneda emerges as a promising investment opportunity. Its unique combination of meme culture, real-world utility, and community involvement positions it as a disruptive force within the DeFi landscape.

Join the Milei Moneda community today and secure your stake in this innovative and potentially lucrative project. Whether you're seeking fast-paced returns or a long-term investment with real-world applications, $MEDA offers a compelling proposition in the ever-evolving cryptosphere.

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Other articles published on Nov 15, 2024