This video attempts to legitimize a high-risk speculative asset by linking it to unrelated geopolitical events and basic technical indicators. It is essentially a "hopium" narrative designed to keep retail investors committed to a structurally compromised ecosystem.
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DO NOT SELL YOUR LUNC COINS! π¨ WATCH THIS VIDEO NOW! π¨Added:
What is going on LUNC holders? It is Ahmed, and I am back today with yet another video for you on. Today, guys, we're going to be giving some updates on LUNC as we're seeing it kind of start to resurface as the overall market is looking better and risk on assets are also starting to benefit. Now, remember as always, never financial advice. Just trying to put you guys on the plays that I'm in. If you're new around here, smash the like button and also consider subscribing to the channel. Let's go ahead and dive right in, guys. So, overall market is looking solid.
Yesterday, we saw Bitcoin break above 78,000, a little bit of a retrace, but a lot of consolidation. Down about 2.9% on the week, ETH about 4.5% on the week.
We're seeing again just a lot of sideways movement, and we're seeing other altcoins start to outperform, which is also very bullish, including some of the big AI coins, but Terra Luna Classic amongst the top gainers today, up 8.95% in the last 24 hours.
Strong trade volume, $44.52 million of trade volume over the last 24 hours. If we look at the month chart, I know a lot of people like to look at the one day or the one week, and they're like, "Oh, no, why is the coin going down in price?" Well, understand that we basically have found a really solid ground at 7,500 satoshis, which is way higher than where we were even April of 2026. And it looks like right now, we are seeing and starting the next leg up.
$461 Now, before we continue into the video, I do want to mention there's a link down below for Webull. Get your 500 Excuse me, get your free stocks when you deposit money into your account.
Free stocks are free stocks. Get your fractional shares and a 1 month of free Webull premium. Take advantage of it, guys. Don't let it slip. Now, quick TLDR coming in from Terra Luna Classic news updates. LUNC's recent 80% rally met a sharp 30% correction, leaving traders weighing its deflationary burn narrative against volatile sentiment. Here are the latest headlines. Price falls 30% after 30% rally. Explosive surge fueled by token burns, community approves the V4.0.1 network upgrade. That was early May. A governance vote passed a key upgrade to fix vulnerabilities and improve the chain's efficiency. Because remember, this is the biggest community takeover in the entire cryptocurrency space. And with that being said, we are seeing that the new developers that are again scattered across within this DAO-like setup are actually continuously doing some good work with of course the approval of the community before they make decisions.
Now, right up on the top crypto gainers, LUNC rose 18.5%. This was late later time in May, defying broader market weakness on burn program support.
Now, Core Satoshi, are you aware that LUNC has more than 5 million active users or active holders? Well, if you don't know that, let that sink in. A lot of people are worried that the fact that, "Hey, after LUNC's or Terra Luna, the original, collapsed with Do Kwon's ownership and leadership, they thought, well, that's it. It's over."
But a lot of people held their tokens or at least held the majority of their position because they're like, "Well, it's down to basically nothing now, so why should I sell anyway?" So, with that being said, 5 million active holders makes it amongst the biggest projects in the crypto space. So, with that being said, make sure you keep that in mind. I want to also mention what happened today at the Federal Reserve and how this impacts our market and LUNC coin.
Just now, 41 minutes ago, Kevin Warsh has been sworn in at this as the next chairman of the Federal Reserve by the Supreme Court Justice Clarence Thomas.
With that being said, this of course is extremely bullish news for the markets.
And if we scroll down and look at why it's bullish is we know he's a dovish Fed chair.
And with that being said, excuse [clears throat] me, with that being said, we're hoping that there's this perfect storm that will make LUNC get to a rally that we haven't seen before and the overall market.
Yesterday, we got the news that the final drop between the US and Iran's agreement has been reached with the mediation of Pakistan, which is expected to be announced within the next few hours per Iranian state media. We know that was redacted, but they're saying gaps are closing on the agreements between the United States and Iran. And with that being said, once that agreement is signed, you guys need to understand the stipulations and what that means for our market and risk-on assets like LUNC. Well, as soon as we got news that this happened, we saw LUNC go from right around Let's just make this a little bit bigger so you guys can see. We were right around this candlestick right here. So, we're sitting at 7,600 satoshis and we jumped all the way up to right around 8,400 and now sitting at 8,300.
With that being said, the big stipulations here are US-Iran peace deal equals continuous drop in oil prices.
Oil prices going down means that inflation will start to curb because right now inflation or CPI, the Consumer Price Index, came in hotter than expected earlier this month.
So, with that being said, there are scares now of instead of the Federal Funds Rate staying as is or even rate cuts in the future with this new dovish Fed chair, uh, Warsh himself, the problem becomes with inflationary state, there's no justifiable rate cuts that can happen. But, oil prices coming down, the Strait of Hormuz opening up, the United States and the Iran having no more geopolitical tensions in the region, again, sense of calm, we're entering midterm elections. We know that the Republicans have to do everything in their power to make sure all Americans are happy, including making sure the markets are liquid and are performing very, very well. Especially Donald Trump being the president of the United States, he's very, very much invested in the market and also invested it into it going to all-time highs. So, with that being said, I do think that we have this perfect storm where oil prices come down, inflation comes down, rate cuts could be a part of the conversation in 2026 or going into 2027, which will help us get into that next leg up of risk-on assets because people are pushing into risk-off assets cuz they're worried.
Right? They're like, "Whoa, I don't know the direction that the market is going.
I I am panicking. I have to sell my positions." And retail started to walk away. But, now this could bring them back, especially with all the catalysts that are coming and the tailwinds in front of us. LUNC right now sits right above its 20-day moving average, and I'm guessing right now we can potentially get all the way up back to 10,000 satoshis and maybe even 12,000 to the intra-month high that we saw back in early May. But again, guys, you have to be patient here because remember, this is not a swing trading game for me. It's a long-term hold because we're looking at this as a generational play, not just looking at it as a day-to-day play because if we scroll back and look where we were, we can see how far we have to go before we get back to all-time highs, even just over the last 2 years.
We touched 28,000 satoshis, followed by coming down to 25. We're touching higher low, higher low.
Excuse me, lower high, lower high, and lower high. And the hope is right now is we can get into a next leg up, which I really like that we are testing we got basically a bottom here at 10,000 for a high, and then we touched a higher high right over here at 12,000. So, this could be the trend reversal where we touch another higher high on our next leg up to 15,000, 20, 30, you name it, and hopefully get back to where we once were back in late 2022 after the collapse of right around 65,000, and from there we can enter into full on price discovery.
So again, make sure you guys are doubling down. Right now is an exciting time in the markets. Volatility is a blessing. Take advantage of it. Buy the dips if you can. But again, let me know down in the comment section below. Are you holding LUNC? Are you bullish? And what is your outlook for the market for the rest of 2026? I appreciate your support. That's all I had and until next time, as always everybody, keep investing. Peace.
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