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Bright Horizons: Positive Expectations for the Terra Classic Community
18Oct By CryptolifedigitalNo Comments
Terra Classic (LUNC)

Bright Horizons: Positive Expectations for the Terra Classic Community

The Terra Classic community is buzzing with excitement as it anticipates a bright future filled with new developments, opportunities, and innovations. With a strong foundation and a dedicated community, here are some positive expectations that could come to fruition. Read Also: Ripple's Brad Garlinghouse: The Jeff Bezos of Cryptocurrency? Expanding Ecosystem: Terra Classic is well-positioned to expand its ecosystem by welcoming new projects, partnerships, and integrations. This growth can offer a broader range of services, dApps, and use cases for Terra Classic users, making it an even more versatile blockchain platform. Enhanced Security and Scalability: The Terra Classic team is continuously working to improve the network's security and scalability. As the network evolves, i...
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Robinhood Poised to List $LUNC Token, Fueling Speculation of Price Surge
14Oct By CryptolifedigitalNo Comments
Terra Classic (LUNC)

Robinhood Poised to List $LUNC Token, Fueling Speculation of Price Surge

In an intriguing turn of events, Robinhood, a well-known trading platform, is reportedly considering the addition of the $LUNC token to its list of supported cryptocurrencies. This announcement has sparked significant interest within the crypto community, with many speculating that such a move could lead to a substantial price increase for the $LUNC token. Read Also: Ferrari Makes Striking Move to Accept XRP Payments for Luxury Cars in the United States and Europe https://twitter.com/Lunc_Maxi/status/1713240346723852335 The news came to light through a tweet by a prominent crypto enthusiast known as "LUNC Maxi," who boldly proclaimed, "Robinhood will eventually list $LUNC soon, and it will green light us to $1 and above." The tweet set off a flurry of discussions and raised expect...
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Terraform Labs Accuses Citadel Securities of Depegging UST Stablecoin in Shocking Turn of Events
14Oct By CryptolifedigitalNo Comments
Terra Classic (LUNC)

Terraform Labs Accuses Citadel Securities of Depegging UST Stablecoin in Shocking Turn of Events

In a stunning and unexpected twist, Terraform Labs has made a startling allegation against Citadel Securities, claiming that the financial giant was responsible for the de-pegging of Terra's UST stablecoin from its dollar-pegged value. This development has sent shockwaves through the cryptocurrency community and has the potential to reshape the landscape of digital assets and the regulatory environment. Read Also: Opportunity for Crypto Community to Invest in Ripple's Pre-IPO Shares Reopens on Linqto Platform Legal Battle Unfolds Terraform Labs has taken its case to the U.S. District Court for the Southern District of Florida, alleging that Citadel Securities executed a carefully orchestrated plan to short-sell UST, leading to its detachment from its USD peg. This motion represents a ...
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Terra Classic (LUNC) Struggles Amid Market Challenges and Uncertainty
7Oct By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Terra Classic (LUNC) Struggles Amid Market Challenges and Uncertainty

The cryptocurrency Terra Classic (LUNC) finds itself in a challenging position as it continues to face market headwinds and a lacklustre reception from the crypto community. Despite developers' efforts to revive the coin's ecosystem, LUNC and its associated stablecoin, USTC, have been struggling to gain momentum. This has left potential investors contemplating their options and current token holders uncertain about whether to hold or sell their assets. Read Also: Pro-XRP Lawyer Predicts SEC's "Biggest Defeat" in Legal Battle with Coinbase LUNC's market performance has been less than impressive, with its price languishing around $0.00005900 at the time of reporting. CoinGecko data indicates that LUNC has suffered losses of approximately 5% over the past seven days. The beginning of Oc...
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Can 1 BIG PUMP change everything in the LUNC network?
7Oct By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Can 1 BIG PUMP change everything in the LUNC network?

Cryptocurrency markets are known for their high volatility, where the prices of digital assets can experience dramatic fluctuations in short periods. In this context, the term "pump" refers to a sudden and significant increase in the price of a cryptocurrency, typically driven by a surge in trading volume. This article explores the potential consequences of a single, substantial pump on the LUNC network, focusing on the broader implications for investors, traders, and the network itself. Read Also: XRP Community Speculates on $130 Price Target Amid Ripple vs. SEC Saga Understanding the LUNC Network Before delving into the impact of a large pump on the LUNC network, let's briefly introduce what LUNC is. LUNC is a hypothetical cryptocurrency used in this discussion, and its features are...
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Concerns Over Legitimacy Surround ‘Six Samurai’ 750 Million LUNC Spend Proposal in LunaClassic Governance
4Oct By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Concerns Over Legitimacy Surround ‘Six Samurai’ 750 Million LUNC Spend Proposal in LunaClassic Governance

In a recent development within the LunaClassic (LUNC) governance system, a proposal by a group called the "Six Samurai" for a substantial spend of 750,000,000 LUNC has raised significant concerns and prompted a strong response from a prominent community member named Mike P. https://twitter.com/LUNCpredator/status/1709156499379961947 The proposal in question sought to allocate a massive sum of 750 million LUNC tokens, but it appears to have faced scepticism and scrutiny from Mike P. In a statement shared in the LunaClassic community, Mike P. expressed serious reservations about the legitimacy and trustworthiness of the "Six Samurai" group. Read Also: Judge Rejects SEC's Interlocutory Appeal in Ripple Lawsuit, Trial Set for 2024 One of the primary concerns raised by Mike P. is th...
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LUNC to Initiate Token Burn of 99.9% in Landmark Partnership with Binance
3Oct By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

LUNC to Initiate Token Burn of 99.9% in Landmark Partnership with Binance

In a groundbreaking development that is set to send shockwaves through the cryptocurrency space, LUNC, the native token of Lunacoin, has announced a strategic partnership with Binance, one of the world's largest and most influential cryptocurrency exchanges. The partnership is poised to reshape the landscape of the Lunacoin ecosystem, as it includes a monumental token burn of 99.9%. https://twitter.com/TerraportDao/status/1709052283374428266 Read Also: XRP Transaction Processing Capacity: A Closer Look at the Numbers The Token Burn Revolution The highlight of this partnership is the ambitious token burn initiative, which will see a staggering 99.9% of LUNC tokens taken out of circulation permanently. Token burns are a common practice in the cryptocurrency world, but a burn of this ...
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CREMATLUNC Deployment Delayed, but Normal Operations to Resume Soon
30Sep By CryptolifedigitalNo Comments
Terra Classic (LUNC)

CREMATLUNC Deployment Delayed, but Normal Operations to Resume Soon

In a recent tweet from the official account of CREMATLUNC, the cryptocurrency project informed its community about a temporary delay in the deployment of its platform. Despite the setback, the project reassures its followers that business as usual will soon be resumed. https://twitter.com/Cremation_Coin/status/1707794808138342891 CREMATLUNC, a relatively new cryptocurrency venture, had been gearing up for a significant milestone with the impending launch of its platform. However, unforeseen challenges have caused a delay in the deployment process. While the exact nature of these delays was not specified in the tweet, such setbacks are not uncommon in the rapidly evolving world of cryptocurrency and blockchain technology. Read Also: XRP's Ambitious Price Targets: Can It Reach $3.8,...
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Terra ClassicUSD (USTC) Community Approves Proposal to Halt Minting and Reminting, Aims to Restore Stability and Peg to $1
27Sep By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Terra ClassicUSD (USTC) Community Approves Proposal to Halt Minting and Reminting, Aims to Restore Stability and Peg to $1

In a significant move to restore stability and re-establish Terra ClassicUSD (USTC) at its intended peg of $1, the Terra Classic community has approved Proposal 11784. This proposal, which had faced previous obstacles due to software upgrades, has gained strong support and mandates the cessation of all minting and reminting of USTC without explicit approval from the Terra Classic community. This decision comes after a tumultuous period that followed the collapse of Terra in May 2022. Read Also: Internet Personality Damien Slash Regrets Selling Shiba Inu (SHIB) Holdings Too Soon, Missing Out on $1 Billion Gain The proposal received overwhelming support from the Terra Classic community, with a resounding 'YES' vote securing 55.32% of the ballots cast. However, it's worth noting that 37...
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