Friday, February 3

Tag: Exchanges

Allnodes Burns Over 56 Million LUNC Tokens And Plans To Initiate Weekly LUNC Burns Till The End Of 2022
Cryptocurrency

Allnodes Burns Over 56 Million LUNC Tokens And Plans To Initiate Weekly LUNC Burns Till The End Of 2022

Per a Twitter handle, Allnodes is urging the LUNC community to stake via the platform, it also said that it had sent over 56 million LUNC tokens to dead wallets as it burns from its 5%  commission. Allnodes Now Burns LUNC Allnodes noted in its tweet; “56,706,118 LUNC were burnt earlier today by Allnodes,” the validator tweeted. “Delegate to Allnodes and participate in our weekly ritual until the end of 2022!” Read Also: Terra Classic Becomes 60th Largest By Total value Locked (TVL) Having 12.36 Million Last Month https://twitter.com/Allnodes/status/1581915953620979713 The proof for the Allnodes’ transaction can be seen for confirmation on the LUNCPenguins official website designed by HappyCattyCrypto with the description Allnodes burn.  Allnodes Becomes The 9th La...
Ethereum’s Price Experiences A Spike Following The Whales’ Deposit On Exchanges
Ethereum

Ethereum’s Price Experiences A Spike Following The Whales’ Deposit On Exchanges

Contrary to the expectation of the crypto industry, Ethereum's Price has not been encouraging post-merge, although there has been an increase in price which was traced to the massive deposit made by the Ethereum whales. In a recent tweet made by the CryptoQuant, the recent spike in price from the low $1,300 to $1,353 is traced to the massive deposit made by the Ethereum whale into the exchanges. Read Also: The LUNC Community Is Displeased With The Idea Of Terra Classic Re-Peg Proposal: Here's Why Per CryptoQuant; “Whales deposit Ethereum into the exchange and raise prices to sell it at a higher price,” he asserted. https://twitter.com/cryptoquant_com/status/1577128372278378498 CryptoQuant also noted how the Whale behaviour has in times past led to an Ethereum price p...