Following the catastrophic crash of the Terra blockchain, its revival project, Luna 2.0, seeks to do right by investors. As investors closely monitor the token, Luna 2.0 zero has proven its potential and commitment to recover Terra’s lost glory.
The newly launched token, Luna 2.0, entered a solo rally despite the bearish outlook in the broader cryptocurrency market. While top coins went on recess, the token surprised investors with a massive 185% price increase over the past 24 hours.
What is Luna 2.0
Luna 2.0 is an ERC-20 token. With a revamped team, Luna 2.0 launched on June 28 as LUNA’s second version with a mission to reclaim Terra’s lost glory. Luna 2.0 aims to bridge the gap between the crypto community and DeFi by making gaming and streaming flexible and more accessible to users.
Luna 2.0 claims to be a redemption for those who missed out on LUNA’s pump in 2021 or investors who recorded massive losses when it crashed in 2022.
According to the project team, Luna 2.0 follows a 1% buy and 1% sell tax tokenomics. They dedicated 95% of the token’s supply to liquidity providers and 5% to centralized exchange (CEX) listing and partnerships.
LUNA2.0 Price Outlook
According to DEXView, LUNA2.0 is on strong bearish momentum, as shown on several indicators. The Moving Average Convergence/Divergence (MACD) is below the signal line, indicating the current bearish market of the coin.
Also, considering the bold red bar on the histogram, LUNA 2.0 could face more price fluctuations before the day ends.
The Relative Strength Index (RSI) is at 42.91, a neutral market position. While it moves slightly horizontal, more BUY trades could take it to the overbought zone (above 70). However, if on the contrary, the SELL trades could make it fall to the oversold zone (below 30).
Although the 200-Day Simple Moving Average (SMA) is above the market price of LUNA2.0 today, the coin is still trading above its 50-Day SMA.
This represents a short-term bullish and long-term bearish. Considering the potential bullish sentiment on the RSI, LUNA2.0 could face more rallies, gaining new prices in the long run. If not, the price could drop below the 50-Day SMA in the long run.
Luna 2.0 Pumps Hard – Buy Now or Wait for the Dip?
Cryptocurrency prices are unpredictable, often deviating from past price actions. Therefore, investors often leverage low prices to augment their holding while waiting for rallies to take profit.
Luna 2.0 is new in the crypto market, with a relatively low price and market capitalization of $113,762. Coins like PEPE were once like Luna 2.0, with a low market cap, but quickly spiked in price due to increased investor interest.
Despite Luna 2.0’s novelty, the coin has achieved a remarkable feat within a few days of launch. Hence, there is no telling how many milestones this new coin could cover in the coming days.
While it is hard to tell what might become of Luna 2.0’s price tomorrow, investors could leverage the low prices to enrich their portfolio as the price could pump further on the CEX listing.
The token could be on its way to becoming the next PEPE coin should it sustain its current price trend.
Launchpad XYZ (LPX) Tops Charts Among Low Cap Coins
Besides Luna 2.0, Launchpad XYZ (LPX), a web3-focused project, is one low-cap token to add to your watchlist in 2023. LPX token is Launchpad XYZ’s utility token that powers all activities in the community.
Still in its presale stage, LPX has covered a remarkable milestone with $1.13 million in funds raised, demonstrating bullish investor interest in the project.
As of the time of writing, the LPX token currently sells at $0.0445 and will increase to $0.046 in a few days. By the end of the presale, LPX will list on exchanges at $0.0565.
LPX’S Innovative Approach to Project Launch and Fundraising
Launchpad XYZ (LPX) is a decentralized web3 platform that facilitates fundraising and token launch processes for blockchain-based projects.
We make the complex simple, equipping you with all the tools and insights you need to spot the next 100x token 🚀
— Launchpad.xyz (@launchpadlpx) June 25, 2023
The project aims to provide a secure and efficient platform for blockchain-based projects to raise funds within the crypto community. Launchpad XYZ allows investors to participate in early-stage projects while leveraging early ICO prices to earn impressive return on investments.
Launchpad XYZ leverages blockchain technology and smart contracts to streamline and automate token launch processes. It provides an extensive suite of tools that enables project teams to create, manage, and securely distribute their tokens to investors.
Launchpad XYZ’s innovative token sale mechanism makes it unique among other projects. It allows crypto projects to conduct their Initial Coin Offerings (ICOs) or Initial DEX Offerings (IDOs) on its platforms directly to prospective investors.
LPX uses smart contracts to enforce token sale terms, ensuring transparency and reducing fraud tendencies.
In addition, LPX deploys a vetting process to evaluate the credibility and utility of projects before listing them on its platforms. That will puts investors’ minds at rest while ensuring they make guided decisions about what tokens they invest in.
It provides all tools, including insights and learning through trading alpha, analytics, and trading strategy, required by users for a successful web3 investment. Such a strategy reduces the risks associated with early-stage project investments.
Interested investors should leverage LPX’s low presale prices to buy the token before it lists on exchanges, after which the price could skyrocket further.
You can buy LPX tokens using ETH, BNB, USDT, fiat bank card. Log on to the Launchpad XYZ official website, connect your crypto wallet, and select how you want to purchase the token (BNB, ETH, USTD, or bank card).
Enter the amount of BNB, ETH, or USDT you wish to swap for LPX tokens. Note the gas cost and confirm the transaction in your wallet. If you want to pay with your bank card, select the card option and fill out an order.
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