Binance supports Terra-upgrade and lets Luna price increase by 10 percent

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Binance, die weltweit größte Kryptobörse, hat ihre Unterstützung für das geplante Phoenix Software Upgrade v2.4 des Terra LUNA-Netzwerks bekannt gegeben. Diese Ankündigung führte zu einem Preisanstieg von rund 10 Prozentpunkten für den Terra LUNA-Token. Das Upgrade soll den Handel mit dem LUNA-Token nicht beeinträchtigen und die Benutzerfreundlichkeit für Händler, die bereits im Besitz des Tokens sind, verbessern. Die Arbeiten für das Terra (LUNA) Phoenix v2.4 Software-Upgrade wurden von der Terra-Community befürwortet, wobei 98,22 Prozent der Teilnehmer dafür stimmten. Die Arbeiten sollen am 18. Juli um 13 Uhr stattfinden und werden voraussichtlich auf der Blockhöhe 5.994.365 abgeschlossen sein. Vor dem Upgrade …
Binance, the world's largest crypto tour, has announced its support for the planned Phoenix Software Upgrade V2.4 of the Terra Luna network. This announcement led to a price increase of around 10 percentage points for the Terra Luna token. The upgrade should not affect the trade with the Luna token and improve user-friendliness for dealers who are already in possession of the tokens. The work for the Terra (Luna) Phoenix V2.4 software upgrade was supported by the Terra Community, with 98.22 percent of the participants voted. The work is scheduled to take place on July 18 at 1 p.m. and are expected to be completed at the block height 5,994,365. Before the upgrade ... (Symbolbild/KNAT)

Binance, the world's largest crypto, has announced its support for the planned Phoenix Software Upgrade V2.4 of the Terra Luna network. This announcement led to a price increase of around 10 percentage points for the Terra Luna token. The upgrade should not affect the trade with the Luna token and improve the user-friendliness for dealers who are already in possession of the tokens.

The work for the Terra (Luna) Phoenix V2.4 software upgrade was supported by the Terra Community, with 98.22 percent of the participants voted. The work is scheduled to take place on July 18 at 1 p.m. and are expected to be completed at the block height 5,994,365. Before the upgrade, some problems have already been fixed by previous upgrades in June. The reaction of the community to the announcement of the bony support and the planned upgrade was consistently positive.

In response to these news, the price of the Luna token has increased by over 10 percent in the past few days. The Terra Classic Lunc-token has increased by 20 percent last week, while the UStC token rose by 50 percent in just seven days. The current price of the Luna token is $ 0.645, while market capitalization has risen to $ 209 million. The 24-hour trading volume is currently 259 million

Although the price development is promising, investors should continue to be careful and take different scenarios into account. Cryptocurrencies such as Luna offer their investors a real use case within the blockchain, which can be an advantage both when trading and in the tokens.

experts assume that the price of the Luna token will continue to increase. Martin Schwarz from Business2Community predicts that the price could increase to USD 1.50 by the end of 2022 and could even reach $ 3 by the end of 2023. Another forecast of crypto scene assumes an increase of $ 0.67 until the end of 2021. PricePrediction.net's forecast assumes a price of $ 0.68 by the end of 2022.

Overall, Luna offers promising opportunities for investors, but it is important to take the risks into account. Interested dealers can register with Binance, the largest crypto exchange in the world, which offers 350 different cryptocurrencies in over 100 countries. Alternatively, you can also use ETORO, a platform that offers free registration and offers a large selection of crypto systems and other financial instruments.