LUNC, Avalanche, Fartcoin: Top cryptocurrencies to watch
The post LUNC, Avalanche, Fartcoin: Top cryptocurrencies to watch appeared on BitcoinEthereumNews.com.
Cryptocurrencies rebounded last week after the U.S. released encouraging core consumer price index data. Bitcoin (BTC) surpassed $105,000 on Sunday, Jan. 19, as it attempted to retest its all-time high of $108,200. Official Trump (TRUMP) meme coin came from nowhere to become the second-biggest meme in the industry after Dogecoin. Source: CoinGecko Solana, Raydium, and Jupiter also surged, riding the Trump meme coin wave. In the days ahead, keep an eye on (AVAX), Terra Luna Classic (LUNC), and Fartcoin (FARTCOIN). Here’s why. Terra Luna Classic in focus amid a potential Cardano partnership LUNC, the remnant of Terra’s crash, will be a crypto to watch this week after Charles Hoskinson hinted that he was open to a partnership. In an X post on Saturday, he said that his goal was to integrate Bitcoin’s DeFi on Cardano, improve scalability, and creating partnerships. A Terra Luna Classic fan replied to the message and suggested a potential collaboration between the two. He noted that the community took over the project after it was abandoned by Do Kwon. In a response, Hoskinson noted that he was open to that idea, meaning that a potential partnership between the two projects. $LUNC has been doing this since 2022 @IOHK_Charles. Would love to see both chains collab. The communtiy took over after @stablekwon abandoned it and #Binance burns the supply monthly. People need to check it out. — Mr. Diamondhandz1💎 (@MrDiamondhandz1) January 18, 2025 A potential partnership would likely help the LUNC bounce back now that it has crashed by 50% from its highest swing in December. It has also dropped below the ascending trendline that connects the lowest swings since Aug. 24. It has also moved below the 50-day moving average, meaning that a drop to $0.00005475, its August low is possible. LUNC price chart | Source:…
Filed under: News - @ January 19, 2025 3:24 pm