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Cryptocurrencies Price Prediction: Terra, Cryptos & Tokens – American Wrap 7 December

Terra Classic price drops 10% as founder Do Kwon faces extradition to the US

Terra Classic (LUNC) price, as well as that of Terra Luna (LUNA), continue to suffer the aftermath of legal troubles of the ecosystem’s founder, Do Kwon, following his arrest in Montenegro.

Cryptocurrency is a form of digital money that uses blockchain technology to ensure its security, transparency, and decentralization. Cryptocurrency has been gaining popularity as a payment method in Europe, as it offers many advantages for both consumers and merchants, such as:

Lower fees: Cryptocurrency transactions do not involve intermediaries, such as banks or payment processors, that charge fees for their services. This reduces the cost of sending and receiving money, especially across borders.

Tokens tied to Dogecoin-funded DOGE-1 satellite jump ahead of SpaceX launch

Two tokens tied to space logistics and energy company Geometric Energy Corporation are jumping ahead of its mission to put DOGE-1, a Dogecoin-themed satellite, into orbit around the moon.

The launch is scheduled for Jan. 12 aboard a SpaceX rocket from the Kennedy Space Center in the U.S.

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