Terra Luna Classic (LUNC) Faces Fluctuating Market as Rebel Satoshi Arcade (RECQ) Presale Attracts Top Investors

Terra Luna Classic (LUNC) is facing a bearish outlook in tandem with the broad cryptocurrency market. June, in general, has seen declining prices for many altcoins, as Bitcoin (BTC) and Ethereum (ETH) suffer dips and negative sentiment.

Terra Luna Classic (LUNC) price faced a bearish outlook on June 25, as it fell sharply amid broader market declines and pessimism toward altcoins. In June, many altcoin prices have declined as Bitcoin (BTC) and Ethereum (ETH) faced dips and traders expressed bearish sentiments. As both coins hit four-week lows, LUNC quickly reversed from a high of $0.000125 to a low of $0.000079, notching a 36% decline. It rose to above $0.00008668, and its DeFi coin price showed some fluctuations, recording a 0.65% decrease on its 24-hour chart.

This token has been trading sideways for the past two months, within the horizontal levels of $0.000122 and $0.000086. Despite several downturns, LUNC showed some strength on the decentralized cryptocurrency list, finding support at the lower range. Its market capitalization fell 0.65% to $494.59 million, and its trading volume continued to decline, dropping 33% to $32.93 million. The 24-hour chart for the LUNC token showed a low of $0.00008855 and a high of $0.00009445.

While bearish sentiments surrounded the token, holders remained optimistic about an upward trajectory in the coming months. The Terra Luna Classic community approved proposal 12114, a burn tax change proposal to revise the LUNC burn tax distribution. The proposal garnered massive support, with 98% of the community voting in favor.

This pay-per-job (PPJ) proposal, initiated by renowned developer Till Z., will adjust the ecosystem's 0.5% burn tax allocation. An 80-20 split has been agreed upon, with the former going to the Community Pool and the latter to the Oracle Pool. Analysts believe that while the new distribution will take effect in mid-July, it will gradually impact the LUNC’s DeFi coin price. Supply is expected to decrease while demand could potentially increase, leading to more gains for holders.

Rebel Satoshi Arcade (RECQ): Stage Three Looms

Since its presale launch, the highly anticipated utility token of the Rebel Satoshi Arcade (RECQ) universe has been making waves. This meme coin sold off its first stage at $0.037 apiece. It has quickly burned through its second round and is now set to begin the third presale stage. These gaming tokens are still selling at $0.0044 in the current stage, with less than 10% of the 150 million tokens allocated to stage two remaining.

RECQ boasts unique offerings on the blockchain, merging memetic charm, non-fungible tokens (NFTs), and arcade-style gameplay. Through this trending ICO, the platform's transactional token, players can purchase merchandise from the Rebel Satoshi Arcade marketplace. These tokens can also be used for free-to-play and play-to-earn (P2E) arcades, whether they prefer modern or classic titles.

The third stage of the presale will launch at a DeFi coin price of $0.0055 per token. Two hundred million RECQ tokens have been allocated to this stage, allowing investors to acquire massively before a 25% increase as the next stage commences. The vesting period for distributing these gaming tokens has been set at four weeks. During this time, holders will receive 25% of their RECQ tokens weekly via airdrop. With a proposed launch price of $0.0125, investors who purchase RECQ before stage two concludes will enjoy an 184% ROI, which will be reduced to 127% in the next stage.

 

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Conclusion

Terra Luna Classic faced a fluctuating market on June 25, leaving investors speculating as the bears appeared to be gripping the token tightly. However, with the burn tax proposal approved, there is hope that LUNC could pick up and find its footing on the decentralized cryptocurrency list. Rebel Satoshi Arcade is on a roll, as its presale attracts top investors in the crypto scene. With exciting gaming capabilities, NFTs, and memetic allure, this top ICO offers a low entry and a high growth potential.

For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.

 

News source：https://www.kdj.com/cryptocurrencies-news/articles/terra-luna-classic-lunc-fluctuating-market-rebel-satoshi-arcade-recq-presale-attracts-top-investors.html

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