Terra LUNA is the biggest loser in crypto today, crashing 27%.
Both Terra crypto assets are in the red on the day, recovering after recent bullish waves. Terra Classic (LUNC) also pulled back today, dropping 20% - the second biggest loss after LUNA.
In other crypto news, ERC-20 Tamadoge (TAMA) token raised $15 million in its pre-sale.
Biggest winner in crypto
Bitcoin is steadily rising, with a 3% uptrend in the last 24 hours and an intraday high of $22,500, with several altcoins following – in particular, Solana’s price up 7% and one One of the top 10 cryptocurrency gainers on Binance.
Hedera Hashgraph (HBAR) delivers a stronger performance, up 13% and breaking into the top 5 crypto gainers on Binance since news of the upcoming Coinbase listing. break today.
Best Shorts for Crypto Trader LUNC
Altcoin Sherpa tweeted to his 183k followers yesterday that he opened a short position on LUNC, timing the best timing.
Sell Luna, buy Tama?
Retail investors tend to buy the top of bull cycles by FOMO’ing in green candles – by the time Terra (LUNA) and Terra Classic (LUNC) made headlines due to explosive runs in the past weeks, the top was in.
One positive thing for the Terra bulls is that LUNA price has bounced off the 8 daily EMA at $4 as shown in the Terra price chart above.
Probably the best way to invest in cryptocurrency is to look for new crypto projects in the pre-sale or initial coin offering (ICO) stage, however you should start trading on cryptocurrency exchanges and pump into a high value of billions of dollars.
Tamadoge (TAMA) is the original symbol of an upcoming play to earn crypto game, adopting the aesthetic and collective look of dog-themed meme coins but has a use case and is deflation with a low fixed width – unlike Dogecoin which has an infinite supply and is inflated.
In this way, it addresses some of the issues that DOGE and Shiba Inu (SHIB) have had in terms of lack of utility or scarcity as reasons to hold after fully diluted valuations (FDV) hit tens of billions in mid to late 2021.
Learn more about TAMA, its roadmap, and its team on tamadoge.io.
At the time of writing, Tamadoge’s pre-sale is on the way for sale this month, with less than $4 million left before its $19 million fixed cap is hit.