Are LUNC & LUNA Dead? Terra Coins Face Steep Declines As New Alternatives Shine!

Earlier this week, the famous crypto platform Crypto.com announced that it would officially be delisting LUN⛎C and LUNA in the upcoming period, leading to a huge Terra plunge for investors.

Both ꧙tokens saw a 20-25% drop in value and analysts believe this is just the beginni🐻ng.

In a situation like this, investors♔ are looking for a profit token elsewhere – and they might’ve found it in Bitcoin Minetrix ($BTCMTX), Sponge V2 ($SPONGE), and Meme Kombat ($MK).

These presale coins could br🌳ing up to 100x returns after listing, so let’s check out what the hype is about!

LUNC & LUNA in Trouble as Crypto.com Confirms Delisting – Here Are the Tokens You Should Focus on Instead

The Terra community was unsettled by Crypto.com's confirmation of LUNC's deli🌊sting, which led to a noticeable drop in market value for both LUNC and LUNA.

To be precise, Terra Luna Clasꦡsic (LUNC) dropped by nearly 30% in the la𓆏st 7 days.

At the same time, Terra (LUNA) saw a downtick of around 25% in 𝐆the last 7 days.

This d💦evelopment, communicated to investors, initially sparked concerns about the authenticity of the message and the possibility of it being a phishing attempt. However, Crypto.com has since verified the news, 💎though without much detail, leaving many in the community waiting for a comprehensive official statement.

The timing of the delisting is🀅 also important as it came just hours after Terraform Labs sought Chapter 11 bankruptcy protection in the US.

This move has intensified t𝄹he trouble for LUNC holders, who are now torn between selling their assets and holding out for more information.

With all of this happening, what should LU🦩NC and LUNA investors do 💜to revive their portfolios?

According to analysts, it may be a good idea to start focusing on presale coins like Bitcoin Minet𓄧rix ($BTCMTX), Sponge V2 ($SPONGE), and Meme Kombat🐭 ($MK).

Let’s get into more detail on these tokens below.

Bitcoin Minetrix ($BTCMTX) Raises Investor Confidence with Stake-to-Mine Approach That Will Simplify Cloud Mining

is transforming cloud mining with a more accessible approach and it’s already raised over $9 million 🥂in itsﷺ presale.

Central to Bitcoin Minetrix's innovation is the tokenization of cloud mining. By staking $BTCMTX, the platform's native cryptocurrency, users gain an opportun⛎ity for passive income.

This method is cost-effective as it utilizes established cloud mining companies' infrastructure, reducing🌳 individual miners' expenses.

Another unique aspect of the Bitcoin Minetrix ecosystem is🐬 its cloud-mining credit syste🍷m.

These non-transferable ERC-20 tokens, given to users who stake their tokens, can be𒈔 used within the platform for Bitcoin cloud mining. Essentially, by 'burning' these credits, users are allocated time for cloud mining, enabling them to earn a share of the mining revenue.

Bitcoin Minetrix's solution is designe💧d to combat the scams common in third-party cloud mining services. The platform's $BTCMTX credits offer a straightforward and controlled way for users to gene💮rate cloud mining credits.

Sponge V2 Could Repeat the Original $SPONGE Bull Run with Upgraded Version

♍The project represents an evolution of the highly popular $SPONGE meme coin, which notably reached a market capitalization of $100 million in the spring of 2023.

This remarkable growth yielded substantial returns for early investors, with some experiencing a 🐟100-fold increase in their investment. Analysts specializing in meme coins are now suggesting that the launch of V2 could potentially mirror this impressive growth.

Sponge V2 introduces several new elements, a๊nd a key highlight is the upcoming play-to-earn game. In this game, players will have the opportunity to race as the character Spongebob Squarepants, earning $SPONGE tokens as they progress.

Another interesting aspect of Sponge V2ꦅ is its stake-to-bridge token mechanism.

This approach requires users to stake and permanently lock their V1 tokens to access the V2 token𒆙. This strategy not only supports the token's stability but also offers a lucrative staking opportunity for investors.

Additionally, for a limited periꦍod, investors who purchase $SPONGE and participate in the staking to bridge will💮 be rewarded with a bonus in V2 tokens, equivalent to their initial purchase amount.

This presents a ℱunique opportunity for investors to double their $SPONGE holdings through a single transaction.

Meme Kombat ($MK) Is Rising to the Top of the Meme Coin Market with Real-World Utility and Exciting P2E Elements

is a rising star in the world of cryptocur💜rency, particularly known for its innovative integration of staking and play-to-ea﷽rn gaming mechanics.

Since its introduction just a few weeks ago, the Meme Kombat presale has garnered significant attention, raising over $7.3 million. This impressive feat underscores its potential and growing popularity among cry🍸pto enthusiasts, including both dedicated followers (often referred to as 'degens') and the broader crypto community.

Mem🎀e Kombat distinguishes itself by offering a platform that combines several leading trends in the crypto world: outcome-based wagers, crypto staking, and meme-based gaming in a Web3 environment. This trifecta positions Meme Kombat as a pioneering project that seamlessly merges meme culture with interactive staking and wagering games.

🐈Users can not only earn income through staking but also have the chance to wager $MK tokens on outcomes in the Meme Kombat battle arena, which features battles between 11 different meme characters.

Central to this ecosystem is a distinctive . Early adopters have the opportunity to buy $MK tokens at a discounted rate of $0.279 and can start earning up to 129% APY through staking. It's worth noting that t﷽he returns from staking depend on the duration of the stake and the user's level of activity within the platform.

Enjin (ENJ) Is Gaining Traction Due to Recent Performances

The Enjin project is revolutionizing the NFT sphere by facilitating the cr✤eation, distribution, trading, and integration of these d🍬igital assets.

Through smart contracts, develop🦄ers cℱan craft both fungible and non-fungible tokens within this ecosystem.

An interesting a🐬spect of Enjin is its token dynamics: as more custom tokens are minted, a corresponding amount of ENJ tokens are withdrawn from ciꦅrculation, creating a scarcity that enhances their investment appeal.

Popular projections suggest a potential rise to $1 by t♉he end of 2024 due to in𓆉creased adoption and demand.

Conclusion

Terra (LUNA) and Terra Classic Luna (LUNC) are in trouble – but it doesn’t mean🐟🅠 your portfolio should be in trouble as well.

While these 𒁏two altcoins are plummeting, investors have shifted their focus toward new tokens that could make up for the lost money.

According to numerous experts and forecast p🔜latforms, the top profit contenders right now are Bitcoin Minetrix ($BTCMTX), Sponge V2 ($SPONGE), and Meme🃏 Kombat ($MK).

With all of these tokens currently in the presale phase, investors still hav🔜e time to capture the low price and maximize their potential profits after listing day!