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Showing posts with the label trading fees

Terra Classic Price Prediction on New Binance LUNC Burn News

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Join Our Telegram channel to stay up to date on breaking news coverage Following a piece of news from Binance, Luna Classic, which trades as LUNC, is up by more than 60% in under a day and has been holding a rank of #31 on coinmarketcap.com. This rise was followed by news from Binance after they made the announcement to cut the supply of the tokens by 1.2%. The token supply will be reduced under a burn mechanism, where “Binance will implement a burn mechanism to burn all trading fees on LUNC spot and margin trading pairs by sending them to the LUNC burn address,” In the process, a token is sent to a cryptocurrency address that isn’t operational by a user and, thus, helps reduce the circulating supply of the token, resulting in the bullish price action of the coin. While this rise has changed the sentiment around LUNC, it still is miles apart from its all-time high of over $100 earlier this year and is currently trading at $0.0003. Changpeng Zhao, CEO of Bin...

12 Fastest Growing Cryptocurrencies to Invest in Today

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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Numerous crypto projects are added to the blockchain every day, but many fizzle out due to lacking utility. Some cryptocurrencies blossom because they provide real-world solutions and are accompanied by effective marketing campaigns.  We scoured the market and found the fastest growing cryptocurrency. Successful cryptocurrencies have provided significant returns to investors, so we highlighted some projects that may prove to be worthwhile investments.  Let's analyze the different cryptos with fast growth and determine their potential. The Top 12 Fastest Growing Cryptocurrencies Right Now Our research has led us to conclude that the following cryptos have demonstrated tremendous growth: Dash 2 Trade - Overall Fastest Growing Crypto Providing Trading Signals IMPT - Popular Green Project Offering Rewards for Carbon...

5 DEX Coins to Buy for High Profits – October 2022 Week 2

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Join Our Telegram channel to stay up to date on breaking news coverage Decentralized exchanges (DEX) provide a quick, more seamless alternative to their centralized options for traders and investors looking to enter the market. DEXs also have platform tokens, which investors can purchase to support their ecosystems and earn profits. In this article, we’ll look at some top DEX coins for value-seeking investors. 1. Tamadoge (TAMA) TAMA isn’t a DEX coin. However, the asset is one of the most promising cryptocurrencies in the market right now. TAMA powers the Tamadoge ecosystem. Tamadoge is a blockchain game that allows players to buy non-fungible tokens (NFTs) that represent digital pets. These pets can be groomed and employed to battle other players’ pets. Winners gain rewards in the form of the platform’s TAMA tokens. Asides from being a utility token, TAMA is also a viable speculative investment. The digital asset currently trades at $0.04023, an...