Qubetics Raises $1M in 24 Hours, ONDO Coin Sees Bullish Momentum with Rising Trading Volume, Binance's Latest LUNC Burn Fuels Market Optimism and Price Surge

If you're looking for the next breakthrough in the blockchain industry, you're in luck. Numerous projects are gaining attention, with Terra

Hot on the heels of Terra’s latest token burn and a wave of optimism in ONDO coin, a new layer-1 blockchain, Qubetics ($TICS), has garnered attention by raising $1 million in just 24 hours of its presale launch. The broader public now has a chance to join the presale, as it is now open to participation. If you missed out on the initial whitelist, don’t worry, as phase 2 still offers a chance to get involved, with $TICS tokens available for just $0.012 each.

ONDO Coin Sees Bullish Momentum with Rising Trading Volume

ONDO is a DeFi primitive that enables users to create risk-isolated, fixed-yield loans backed by yield-generating crypto assets. It stands out with its permissionless protocol, which facilitates peer-to-pool interactions without the need for intermediaries.

ONDO tokens are available for trading on several centralized crypto exchanges, with Bybit being the most popular exchange. The ONDO/USDT pair on Bybit saw a trading volume of $43,774,412 in the last 24 hours. Overall, ONDO’s trading volume reached a remarkable $717,514,146 in the last 24 hours, reflecting an increase of 52.90% from the previous day, indicating a strong surge in market activity.

Binance’s Latest LUNC Burn Fuels Market Optimism and Price Surge

Binance has once again burned a significant amount of Terra Luna Classic (LUNC) tokens as part of its commitment to the community. In the 26th batch of its LUNC burn mechanism, Binance removed 1.14 billion LUNC tokens from circulation. This move has sparked optimism in the market, pushing the prices of both LUNC and USTC up by over 10%.

The LUNC burn initiative, which aims to reduce the token’s circulating supply, has consistently been a key factor in boosting investor confidence, and the latest burn is no exception. The reduction in the circulating supply of tokens has a direct impact on the market dynamics, as scarcity often drives value appreciation.

Qubetics Bridges Blockchain Interoperability Issue

One of the biggest challenges in blockchain today is the lack of interoperability. Most blockchains function in isolation, making it difficult to transfer assets between networks. This isolation results in high costs, long delays, and a dependence on third-party exchanges.

Qubetics addresses this issue by integrating the Cosmos SDK, which enables seamless cross-chain communication through the Inter-Blockchain Communication (IBC) Protocol. This technology allows different blockchains to interact without compromising their independence, making asset transfers smoother and more efficient. As a result, blockchains become interconnected, reducing congestion and boosting the overall performance of decentralized applications (dApps) across the ecosystem.

Get In Early in Qubetics Presale

The Qubetics crypto presale 2024 offers a unique opportunity to be part of an exciting new blockchain project from the very beginning. By participating at this stage, you can acquire $TICS tokens at just $0.012 per token. The crypto presale 2024 has already raised an impressive $1,134,478.54 in a very short time.

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