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Terra Classic (LUNC)

Terra Classic Set To Hit 100 Billion Token Mileston
Terra Classic (LUNC)

Terra Classic Set To Hit 100 Billion Token Mileston

Terra Classic is one of the greatest recipients of the bullish rallies in the market today. The significant increase being recorded isn't just in its price alone, but in but also in burned tokens. According to information from Luncmetrics, the community's collaborative endeavors brought about the burning of 383,184,360 LUNC over the last week. This figure just shifted the complete LUNC burn since May 2022 to 98.60 billion with simply 1.4 billion away from the 100 billion achievement. Read Also: Terra Classic Compulsory KYC Proposal For L1 Developers Passed LUNC Price Terra Classic has seen great price increases throughout recent hours. The coin is up 1.78% to $0.0001163 with its market capitalization taking off by a comparative rate to $672,780,857. even as the volume of the tra...
Terra Classic Compulsory KYC Proposal For L1 Developers Passed
Terra Classic (LUNC)

Terra Classic Compulsory KYC Proposal For L1 Developers Passed

Terra Classic proposition making KYC mandatory for all L1 engineers has been officially approved by the community after inconsistent voting by individuals and validators. Those who primarily favor the proposition call it a pivotal occasion, with an enormous voting turnout of 90.5%. As the Terra Classic community pushes to increment improvement on the chain with third-party engineers, it became urgent to acquaint some safety measures to curtail inconvenience or harm to the chain. Read Also: Terra Classic: Community Approves Proposal LUNC Price Triggers By 5% KYC Proposal Passes erra Classic proposition 12033 "Cuomplusory KYC for all L1 developers" by SolidVote LUNC Validator has been passed officially by the community, according to the recent voting information on the Station wal...
Terra Classic: Community Approves Proposal LUNC Price Triggers By 5%
Terra Classic (LUNC)

Terra Classic: Community Approves Proposal LUNC Price Triggers By 5%

The proposition by the Terra Classic community to make KYC a necessary requirement for all L1 engineers is supported by the community, with an astounding vote. As the community pushes to increment development on the chain with third-party developers, it became important to acquaint some safety measures to tackle any harm to the chain. Read Also: Terra Classic: Can a Fallen Giant Reclaim its Glory? Approved KYC Proposal Terra Classic proposition 12033 "Mandatory KYC for all L1 designers" by SolidVote LUNC Validator is nearly passed by the community, according to the most recent voting information on the Station wallet. The decision on the proposition closes on February 8. According To SolidVote Validator: "Anybody can work on the Luna Classic blockchain anonymously. This poses a ser...
Terra Classic: Can a Fallen Giant Reclaim its Glory?
Terra Classic (LUNC)

Terra Classic: Can a Fallen Giant Reclaim its Glory?

Despite tumbling down the crypto rankings, Terra Classic (LUNC) still holds allure for investors aiming for big returns with small stakes. Trading at $0.000101 with a 1.48% rise in the last 24 hours (as of writing), LUNC remains a gamble with undeniable potential. However, a major hurdle stands in the way of its ascent: its staggering supply. LUNC boasts a whopping 5.8 trillion tokens, a consequence of the 2022 Terra blockchain implosion. While burn mechanisms exist, the current rate may take aeons to make a significant dent. Read Also: Terra Classic's $0.03 Dream: Can the Phoenix Rise Again? But here's a twist: massive gains may not require shrinking supply alone. Imagine LUNC capturing a modest 5% of the total crypto market cap (currently around $1.73 trillion, with Bitcoin domi...
Terra Classic’s $0.03 Dream: Can the Phoenix Rise Again?
Terra Classic (LUNC)

Terra Classic’s $0.03 Dream: Can the Phoenix Rise Again?

The cryptocurrency market is a wild ride, and Terra Classic (LUNC) is experiencing its share of ups and downs. Analyst Derek (@kimmyboy2) has stirred the LUNC community with a call to focus on the long-term goal of $0.03, prompting questions about the feasibility of such a monumental climb. Read Also: Cardano To Jump By 36% In February Considering Historical Perspectives https://twitter.com/kimmyboy2/status/1751344962112028743 A 300x increase from LUNC's current price of $0.0001011 is undoubtedly ambitious. Reaching $0.03 would rocket LUNC into the top 3 cryptocurrencies by market cap, a colossal feat considering its current market position. While not entirely impossible, this journey faces significant hurdles. The Path to $0.03 Token Burns: Reducing circulating supply throu...
Terra Classic (LUNC)

Terra Classic Bull: Derek Calls For Patience From Investors As The Coin Aims At $0.03

Terra Classic popular proponent calls for patience among investors as the cryptocurrency thrives upward. Since the scandalous breakdown of the Terra (LUNA) ecosystem, communities around the Terra 2.0 organization and its fork, Terra Classic (LUNC), have mobilized to move the projects. As of late, Terra Classic advocate Derek appeals to current LUNC Investors. Appealing to great intentions by Derek, he encouraged the Community enthusiast area to keep up with balance at a time of agony and persistence. Derek further encouraged the Terra Classic camp not to be excessively invigorated or stressed over the new Price flood and decline influencing LUNC. Instead, he charged the community to focus on a long-term target of seeing LUNC come to a $0.03 price eventually. https://twitter.com...
1 Billion Token Burn: Terra Classic Aim To Hit $0.01, Sets Coin Ablaze
Terra Classic (LUNC)

1 Billion Token Burn: Terra Classic Aim To Hit $0.01, Sets Coin Ablaze

One Billion Token has been set ablaze by Terra Classic in an all-out attempt to push the coin to hit $0.01. The solidarity in the Terra Classic space was exhibited extravagantly with precisely 1,117,048,514 LUNC worth roughly $111,313.88 at the current market price eliminated from dissemination. This leaves the all-out LUNC supply at 6,812,673,485,368 according to information shared by a fan @AlexCryptoBull. This burning is essential for the revival strategy for LUNC, which once traded at an all-high of $119.18 and is presently changing hands for $0.00009967, somewhere around 0.67% 24 hours ago. The community's main aim point is to probably push the token to the 1 cent level in the long haul. Read Also: Terra Luna Classic (LUNC) Surpasses 95 Billion Milestone in Burn Campaign Ter...
Terra Classic Rises From the Ashes: Staking Soars, Sentiment Shifts, and Recovery Beckons
Terra Classic (LUNC)

Terra Classic Rises From the Ashes: Staking Soars, Sentiment Shifts, and Recovery Beckons

From the fiery depths of market turbulence, a phoenix stirs! Terra Classic (LUNC), the phoenix token of the cryptosphere, has witnessed a remarkable resurgence in its staking ecosystem, with the ratio nearing 15% - a beacon of hope amidst the prevailing bearish gloom. Just days ago, LUNC had tumbled over 22%, echoing the bearish symphony playing across the crypto market. Stakers, spooked by the plummeting price, abandoned ship, sending the staking ratio down to a chilling 14%. But wait, a shift in the tides! A newfound confidence, like a rising tide, began to lift the LUNC ecosystem. Read Also: Terra Luna Classic (LUNC) Surpasses 95 Billion Milestone in Burn Campaign This isn't just a blip on the charts. It's a roar of defiance, a testament to the tenacious spirit of the Terra Cla...
Terra Luna Classic (LUNC) Surpasses 95 Billion Milestone in Burn Campaign
Terra Classic (LUNC)

Terra Luna Classic (LUNC) Surpasses 95 Billion Milestone in Burn Campaign

In a remarkable display of community coordination and commitment, the Terra Luna Classic (LUNC) burn campaign has achieved a monumental milestone, surpassing 95 billion LUNC tokens burned. This collective effort involves crypto exchanges, validators, projects, and dedicated community members who have driven the campaign forward. The campaign's success is underscored by the weekly average burn rate of 600 million LUNC tokens, marking a substantial increase since November. Leading the charge in this endeavour is Binance, which has contributed over 51% to the total LUNC burn through its monthly burn mechanism. In its latest move, Binance incinerated a staggering 5.57 billion LUNC tokens in the 17th batch of its burn mechanism, bringing its total contributions to nearly 50 billion LUNC toke...
Luna Classic Bites Back: Chapter 11 is NOT the Obituary, It’s the Rebirth Anthem!
Terra Classic (LUNC)

Luna Classic Bites Back: Chapter 11 is NOT the Obituary, It’s the Rebirth Anthem!

Hold your horses, panic sellers! While Terra Classic took a dramatic nosedive into Chapter 11, LUNA Classic (LUNC) is roaring back to life like a phoenix rising from the ashes of FUD. Forget doomsday dirges, this is a Phoenix party, and you're invited! First things first, LUNC is a completely separate entity from LUNC. Thinking they're twins doomed to the same fate is like confusing a phoenix with a pigeon – one soars, the other...well, you get the picture. Read Also: Shiba Inu: Weathering the Storm, but Can it Reach for the Stars? https://twitter.com/MrDiamondhandz1/status/1749467123754082572 Now, let's dissect this Chapter 11 beast. It's not a grim reaper, it's a reorganization ritual, a chance for Luna Classic to shed its old skin and emerge stronger, swifter, and ready to c...