Earlier this week, we’ve seen the infamous altcoins Terra Classic (LUNC) and Terra (LUNA) record some impressive upticks in the 150% – 250% ratio.
These two tokens are still on a positive 7-day note, but investors are looking elsewhere for huge profits.
Let’s go through the details.
LUNC and LUNA Record Massive Surges Following USTC Success – But the Spotlight Didn’t Last Long as Investors Continue their Profit Token Hunt
TerraClassicUSD (USTC) stablecoin has experienced a notable surge, marking a remarkable upswing of over 208% in the past seven days.
This unexpected rally has not only sparked renewed optimism within the Terra Classic (LUNC) community but also signifies a significant moment for the digital asset.
After a relatively quiet period, both LUNC and LUNA saw some solid increases, with both recording around 120% upticks in the last seven days. The sudden jump has injected a bullish sentiment into the trend, heightening the probability of a sustained uptrend for both digital assets.
The catalyst for this remarkable shift can be attributed to an update from Trader QT, an X user (formerly Twitter) and an official partner of Luna Classic Labs.
Trader QT revealed that Terra Classic Labs strategically acquired 25.6 million USTC, amounting to $500,000, as part of its Treasury Reserve Policy. This move, made at an average purchase price of $0.021 per unit, is anticipated to reinforce the stablecoin’s rally and play a significant role in propelling the Terra ecosystem tokens, including LUNA, forward.
This is why analysts suggest you look for profits elsewhere – to be specific, tokens like Bitcoin ETF ($BTCETF), Bitcoin Minetrix ($BTCMTX), and Meme Kombat ($MK) are the best deals right now.
Bitcoin ETF ($BTCETF) Offers a Chance to Make Money via Indirect Participation while Waiting for Spot ETFs
Bitcoin ETF Token ($BTCETF) stands out as one of the most promising cryptocurrency investments in the current market landscape.
Crafted as an ERC-20 token, its creation aligns with the anticipation surrounding the impending launch of Bitcoin Spot ETFs.
It plans to execute a 5% burn at five pivotal milestones, injecting a unique deflationary aspect into this cryptocurrency.
An example is the token burn triggered when $BTCETF surpasses a $100 million market cap. Additional milestones encompass the official confirmation of a Bitcoin spot ETF, the actual launch of the first ETF, and BTC crossing the $100,000 threshold.
In terms of financial dynamics, Bitcoin ETF Token incorporates a 5% tax on token trading. This tax, however, gradually diminishes by 1% at each milestone achieved. Looking ahead, the project aims to burn a substantial 25% of its overall token supply, emphasizing a long-term deflationary trajectory.
Furthermore, $BTCETF token holders are presented with an opportunity to capitalize on high staking yields by locking their tokens within a verified smart contract. As of the latest update, engaging in this staking mechanism can yield an annual return exceeding 140% for $BTCETF investors.
Bitcoin Minetrix ($BTCMTX) Is a Revolutionary Stake-to-Earn Crypto Project that’s Tokenizing Cloud Credits – 80x Returns Are Coming?
Bitcoin Minetrix is a game-changer in cloud mining with over $4.5 million raised in its presale, making it our top crypto presale pick.
This stake-to-mine cryptocurrency allows users to stake $BTCMTX for a solid 130% APY, reducing entry barriers to cloud mining.
Bitcoin Minetrix leverages cloud mining company equipment, cutting costs for individual miners. When you stake tokens, you earn cloud mining credits—non-tradable ERC-20 tokens.
These credits can be burned on the platform, and exchanged for Bitcoin cloud mining power. The burned credits provide allocated mining time, letting users collect a share of mining revenue.
This approach stems from concerns about scams in third-party cloud mining.
Bitcoin Minetrix’s solution involves $BTCMTX credits, offering users autonomy to generate secure cloud mining credits. In essence, it’s a simplified yet powerful system that reshapes cloud mining, providing tangible benefits for users in a transparent and secure manner.
Meme Kombat ($MK) Brings an Innovative Battle Arena and Establishes Itself as a Top Meme Coin with Real-World Utility
Meme Kombat ($MK) is a new play-to-earn crypto game with staking features. This blockchain meme coin project brings a fresh twist, combining AI, stake-to-earn (S2E) mechanics, and decentralized gaming for meme enthusiasts.
Meme Kombat stands out by offering outcome-based wagers, crypto staking, and Web3-based meme gaming. It’s an innovative project blending meme culture with staking and wagering games, tapping into three hot crypto trends.
The gaming system revolves around the native $MK token, simplifying staking and wagering while offering appealing rewards. Winners not only earn $MK tokens but also get a shot at valuable prizes.
The unique staking system is a cornerstone of Meme Kombat’s ecosystem. Early adopters can snag $MK tokens at a discounted rate of $0.214, unlocking staking rewards of up to 415%.
USTC has recorded some impressive results over these past few days and even prompted its “cousins” LUNC and LUNA to some solid returns.
However, if you want to skyrocket your portfolio toward the end of 2023, these aren’t the tokens you should be focusing on, according to expert analysts.
Instead, you should take a look at coins such as Bitcoin ETF ($BTCETF), Bitcoin Minetrix ($BTCMTX), and Meme Kombat ($MK).
These presale tokens – due to their impressive technology and innovative mechanisms – could easily bring up to 100x profits after listing day!