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A computer engineer pointed out that LUNC and SHIB’s burn rates are too slow for them to reach their 1 cent target any time soon.

Terraform Labs has filed for bankruptcy after the implosion of its failed cryptocurrencies LUNA and UST wiped out $40B in investor funds. The company faces fraud charges as it attempts to chart a path forward.

Avalanche, as of 23 October, stood at rank #17 in terms of market cap according to CoinMarketCap. Lately, AVAX witnessed a massive decline in terms of social engagements and its overall sentiment. However, its growth in the NFT space may help...