Transcription
What is going on, lunatics? We got to figure something out because I got an article right here that's a little bit weird that and it came out about nine days ago, eight days ago, but we got to talk about it real quick. Make sure you hit that like button on the way in. This one makes me a little bit nervous.
Okay, so this is from Terara Oracle. It says, "Terra Classic is back in the game and Dutch lunk is already shaping the future. 146 billion lunk collected by the largest validator through autostake. I don't know what that means. No one knows who is behind this. The silence of Dutch lunks speaks louder than words. With 15% of the voting power in one hand, one can influence key network decisions, proposals, market modules, USC. This is not a coincidence. This is preparation for the next growth of terra. Is it or not? I don't know the answer to that. Major players act quietly, but the result is loud. If someone is gathering power now, it means that events and the price of LUNSTC can change course sharply. Um, conclusion for holders, watch the network's movement and be ready to act. Now is the perfect time to take a closer look at Lunk."
Now, for the guys that for those of you that don't understand exactly what's going on, let me show it to you. So, these are the validators. I said yesterday that I thought this was just autostake and all of it came a lot of the validator stuff came from autostake, but autostake is now down here in the 10 million c or 10 billion category right here. It's down 23 spots to number 24. So, everything was moved over here. Now, it looks like validators uh it maybe I don't know what's going on. So, if you guys have any information, leave it in the comments down below letting me know exactly what's going on. In the meantime, I'm going to be watching this just to see exactly what's going to happen. But, if I'm watching it, I can't do anything about it.
In the same token, uh over the last 7 days, there you see it right there. Um Greenpeace down 4 billion. Um I again I'm not a fan of Greenpeace but down four billion and that's going over to Dutch lungs. Something is happening here. Some sort of consolidation of power could be happening. I'm not sure exactly what this is. The other piece that I say if there's any evidence of something that's not right would be happy catty crypto got 1.53 billion. At the same time he lost 4.7 and this picked up 2.3. So all of the delegations moved away from Greenpeace into other people here. But again, not all but 10% of it and then a good portion of it Happy Caddyy Crypto. Now, I disagree fundamentally with Happy Caddyy Crypto about a lot of things, but I do think that he wants what's best for the chain. We just don't agree on what's best for the chain. So, I think we're in safe hands for the moment, but again, we need to figure out what Dutch Lunk is.
All right, moving on. I gave you the move. The move is playing out. I gave you the bottom over here. I said that 786 would be around the area and we're not exactly there, but we're within a hundredth of a point or a thousandth of a point away from that spot. So, we basically called this bottom. Now, we're in this uptrend. The question is how this day is going to line up. Are we going to continue to see that rally? Okay, if we're looking at explosive growth, if we're looking at the market module 2.0 coming out, if we're looking at all those pieces, then there should be some kind of move to it.
Now, here's where it gets interesting because USC actually just broke out yesterday and had a really nice and significant rally again covering up for some of the downward momentum. Again, if I draw a Fibonacci, it's a little bit I I don't have a lot of faith in in it. But if I draw the Fibonacci here, it ducked down below 786. That's not a great sign, but it's got a strong bounce right now. In fact, if we look at it and compare it to Lunk, the bounce is better and bigger, but not as high so far. So, I'll keep watching that. And as guys, as soon as I know anything or when I see a a move here, I will let you know.
As far as volume goes, still kicking it at $55 million in volume, guys. This is great. This is going to be great for burns. I'm telling you right now, it's going to be an incredible amount of burns. Um 220 million market cap. USC, however, up 105% to 24 million volume. Something is going on. Something is happening here and we just don't know. I just don't know what it is yet. But as soon as I know, we will tell you.
Burns 1.2 billion. Uh yesterday was the worst burn day in a little while. Last time we saw a burn this low was on December 4. So it took over two weeks for us to get or a little under two weeks for us to get this low level of burn. And remember this was a Monday. So typically Mondays are not bad days. Um, so, uh, it's a little interesting to see that it's happening. The last one was the ETH, right? So, on the ETH, 125 million. Uh, but Tuesday, Wednesday, Thursday were really good days. So, we'll see how this plays out. Um, Tuesday is not starting off very great in terms of these burns, but again, we're still getting huge volume from Binance, so that might be fine.
Terracasino.io, guys, 9:00 a.m. Central Standard Time. Every day I go live. If you want to win $50, this is the place to go. Um, and I'm giving it away all the time. The money, I mean, teraport. If you want to uh buy some utility coins, again, my four utility coins that I'm giving you right now are going to be Jurus Protocol, Selenium, Garuda, and uh, Whiso World. So, if you're looking for any meme coins, and by the way, if you're looking for trade volume and stuff like that on the dexes, Terraport is still king. Uh, Wiso still in the top five. Teras swap of course number two. Garuda Defi, Garuda Defi did have that breakout moment, but it didn't maintain itself in terms of volume. But um you know again I think the problem here is we need to get rid of this the tax and then that will change fundamentally exactly what we're doing.
Now the final thing is that Lunk Forex Genesis uh EUC repe uh we've now got 47% veto on it. Um and that's Greenpeace stepping in trying to prevent any kind of progress. And by the way, I'm not even sure this is progress. I I I like the idea of bringing forex into Teraluna Classic because again I do have a partner that was doing millions hundreds hundreds of millions by the way like 600 something million dollars per month in forex trading volume which would be fantastic on this chain but for some reason we don't think that's a good idea and nobody else is voting so far so it's very difficult to figure out like what could end up happening here but Garuda Battle Force burn it all you know early on we've got small voters is coming in and and you know so I I don't know what's going to happen.
So uh this is a quick update just to give you guys an idea of what's going on guys. I need to know what's going on with L uh Dutch lunk. If you know anything about it, let me know. Um as well that Lunk Forex thing I think is a good idea. But again, I I don't know if that's layer uh layer 1 or layer 2, you know, I I that's a that's something to debate right now. Uh but nothing is happening on this chain. So, uh, there's building, but there's not really a a a a cohesive environment because we still have the tax and stuff like that. So, um, I I don't know what's being protected. I, you know, none none of it makes any sense. So, let me know what you think in the comments down below. It's not financial advice, but I'm always