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Terra Founder’s Legal Battle, Twist, Delay And Alleged Bribery: Details
11Mar By Daniel AbangNo Comments
Terra Classic (LUNC)

Terra Founder’s Legal Battle, Twist, Delay And Alleged Bribery: Details

The Court Saga Aiming to extradite the founder of Terra Classic has been an emblem constituting detrimental tendencies to the Terra Classic ecosystem, the coin on this note has been performing below potential. In a digital space where everyone is careful about which asset to venture into to accumulate profit, it is inherent that investors investigate thoroughly, making sure that an asset is void of any irregularities that could hinder investment flow: this could be the reason why Terra Classic has not been consistent in the conclave of bear trending coin. Recently, an expert in the space FatManTerra who has been a regular in the Terra community made a post concerning the Extradtion Saga of the Do Kwon. Read Also: Terra Classic Community Pushes for Revival with Network Upgrade and ...
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Do Kwon Extradition: Will The Tide Ever End
8Mar By Daniel AbangNo Comments
Terra Classic (LUNC)

Do Kwon Extradition: Will The Tide Ever End

The extradition saga of Do Kwon the co-founder of Terra has been on the news for a while now with ups and downs. A few days ago the Appellate court of Montenegro annulled his extradition, it seems Terra's co-founder will not be resting soon as there is a new move to ensure his removal to South Korea. In the recent news, South Korea has raised the annulment matter and began getting ready for Do Kwon's extradition. The Police Agency has joined with Interpol to move Do Kwon to South Korea. Read Also: Terra Classic Surge By 38% Captures Community Attention: Here Is Why Extradition Saga To South Africa The National Police Agency has taken a step to work with the criminal organization known as Interpol to ensure Do Kwon's Extradition to South Korea. In a statement by South Korea's Nat...
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Terra Classic Community Pushes for Revival with Network Upgrade and Token Burn
7Mar By OLAJIDE SAMUELNo Comments
Cryptocurrency

Terra Classic Community Pushes for Revival with Network Upgrade and Token Burn

The Terra Classic community is actively working to revitalize the network and its native tokens, LUNC and USTC. A recent upgrade proposal submitted by developer Till Ziegler outlines significant changes aimed at improving functionality, and security, and potentially boosting token values. Read Also: Terra Classic (LUNC) Emerges as Top Gainer, Highlighting Innovative DeFi Approach Upgrade Proposal Unveils Key Improvements IBC Integration and dApp Expansion: The upgrade introduces IBC-Hooks and Package Forward Middleware, enabling the onboarding of decentralized applications (dApps) that leverage IBC-Hooks, fostering a more diverse ecosystem. Enhanced Testing: An End-to-End (E2E) and Interchain Testing Suite is included, facilitating improved testing efficiency and smoother netwo...
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Terra Classic (LUNC) Emerges as Top Gainer, Highlighting Innovative DeFi Approach
7Mar By CryptolifedigitalNo Comments
Cryptocurrency

Terra Classic (LUNC) Emerges as Top Gainer, Highlighting Innovative DeFi Approach

Terra Classic (LUNC) has surged as the leading gainer in today's dynamic crypto market, showcasing a remarkable 64.90% increase in the last 24 hours. This significant rise comes amidst a broader market that witnessed Bitcoin maintaining its dominance and overall trading activity reaching $892.69 billion. Read Also: Shibarium Records Yet Another Remarkable Milestone Terra Classic, LUNC's Unique Features Attract Attention Proof-of-Stake Mechanism: LUNC empowers users to actively participate in network governance through its Proof-of-Stake (PoS) mechanism. Validators, chosen based on their LUNC holdings, secure the network, while delegators contribute to its stability by entrusting their tokens to validators. Innovative Stablecoin Minting: Minting stablecoins on Terra Classic ...
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Terra Classic Surge By 38% Captures Community Attention: Here Is Why
6Mar By Daniel AbangNo Comments
Terra Classic (LUNC)

Terra Classic Surge By 38% Captures Community Attention: Here Is Why

With a new 38% increase, Terra Classic has caught the minds of the crypto enthusiast. The increment has fundamentally been ascribed to the recent legal battle including Do Kwon, the founder behind Terraform Labs. The new triumph of Kwon in his extradition to the U.S. has been unveiled by the reversal of a past court's verdict, which gives Kwon time, if not ending the extradition entirely. The Appellate Court of Montenegro's decision to revoke the order given to extradite Kwon gave him hope, who entered a guilty plea to charges connected with the fall of the Terra Classic ecosystem. This court triumph comes in the midst of a tremendous period for Kwon, who had fled to Montenegro following Terra's downfall in mid-2022. Read Also: Terra Classic (LUNC) Faces 20% Price Crash Following Net...
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5 Memecoin With A Potentials Of Giving Investors Profit
4Mar By Daniel AbangNo Comments
Crypto Guides, Cryptocurrency

5 Memecoin With A Potentials Of Giving Investors Profit

Coins with potential are what investors both old and new look out for in the crypto space, this is because just like other businesses, anyone venturing into the crypto world aims to get a tangible profit from it. After being consigned to the forefront in the midst of a profound spotlight on Bitcoin (BTC) following the endorsement of its basic spot Exchange Traded Fund (ETF), the memecoin ecosystem has noticeably changed its development outlook. With a combined 21% in the sector's market cap as of the time of composing, Shiba Inu (SHIB), Floki, BONK, PEPE, and Dogecoin (DOGE) are as of now becoming the dominant focal point. Below are a few memecoin that can give an investor a good profit amidst the encroaching bull rally. Floki Floki is one of the most advertised memecoins. In a ...
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Another Big Breakout Imminent For Terra Classic In Few Hours: Details
4Mar By Daniel AbangNo Comments
Terra Classic (LUNC)

Another Big Breakout Imminent For Terra Classic In Few Hours: Details

A prominent crypto expert on the 3rd of March made a tweet stating that he "wouldn't be surprised to see another big move from LUNC in the next few hours." He referred to two technical indicators to help his prediction: the Relative Strength Index (RSI) and a flag pattern formation. Relative Strenght Index The RSI is a specialized pointer that determines the relative strength of an asset by contrasting the average gain of closing prices over a specific period to the typical loss of closing prices over a similar period. An RSI reading of 70 or above is mostly viewed as overbought, while a reading of 30 or below is viewed as oversold. The Analyst went further to mention that the RSI for Terra Classic (LUNC) is down to about a similar level as before the last big move from 13 to 20, prop...
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Terra Classic Recent Remarkable Performance Denotes A Comeback: Details
2Mar By Daniel AbangNo Comments
Terra Classic (LUNC)

Terra Classic Recent Remarkable Performance Denotes A Comeback: Details

Cryptocurrency fans are speaking about Terra Classic (LUNC) as it becomes the overwhelming focus with its eminent price swings and strategic burn programs. Terra Clasic's Impressive Performance After going through a tough ride in 2022, with LUNC hitting highs above $100 prior to taking a dip, the token has gotten the community's attention once more. As of late, it saw a remarkable 14% increase, reaching $0.0001407 in seven days. Be that as it may, an ensuing 8% drop from the top, along with a significant 38% decrease in trading volume (presently at $154,646,132), adds another layer of complexity. Read Also: Terra Coins Poised for Bullish Run as Crypto Market Recovers Binance Contribution To handle these challenges, Binance started a burn program, taking out an incredible $100 billio...
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$1 For LUNC Is Possible After Bitcoin Halving, Here Are What Could Make It Possible
1Mar By Daniel AbangNo Comments
Terra Classic (LUNC)

$1 For LUNC Is Possible After Bitcoin Halving, Here Are What Could Make It Possible

Notwithstanding having a difficult time recently, Terra Classic (LUNC) is by all accounts getting steam once more, particularly with the crypto market getting all bullish. The way it's not plunging intensely any longer gives a clue that perhaps, Terra Classic is preparing for a soar after its battles. Below are a few factors that could help Terra Claassic reach $1 after Bitcoin Halving. The Previous Price Chart Of LUNC As of today, the price of Terra Classic is at $0.000141, with a trading volume of $140.56 million throughout recent hours. Its market cap remains at $816.35 million, with a market strength of 0.04%. For the past day, the price of LUNC came down by -1.46%. Terra Classic hit its highest recorded price on April 5, 2022, arriving at an all-time high of $119.01. Its most...
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Terra Coins Poised for Bullish Run as Crypto Market Recovers
29Feb By CryptolifedigitalNo Comments
Cryptocurrency

Terra Coins Poised for Bullish Run as Crypto Market Recovers

Terra Classic (LUNC) and Terra Luna (LUNA), both associated with the Terra blockchain, are experiencing a resurgence amid a recovering cryptocurrency market. This news follows a period of consolidation and a previous sharp decline for both tokens. Read Also: Terra Classic: Can a Fallen Giant Reclaim its Glory? Terra Classic (LUNC) LUNC price shows a bullish revival after a significant drop, forming a cup and handle pattern on the daily chart. This pattern suggests a potential breakout toward $0.00021, representing a 60% increase. The recent market recovery, including Bitcoin surpassing $57,000, further bolsters the bullish sentiment. Terra Luna (LUNA) LUNA price mirrors LUNC's pattern, potentially ending its pullback phase. Following a 55% decline, LUNA has seen...
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