In a strategic move to maintain equilibrium within the Terra ecosystem and enhance the value proposition of Terra-based tokens, Binance, the world’s largest cryptocurrency exchange, has executed its 17th batch of Terra Luna Classic (LUNC) token burns. This latest burn involves a substantial 5.5 billion LUNC tokens, following a notable burn of 3.90 billion coins […]
In a groundbreaking development, Binance, one of the world’s leading cryptocurrency exchanges, has declared tomorrow as “LUNC Burning Day,” signalling a significant event in the platform’s ongoing efforts to optimize tokenomics and bolster investor confidence. This strategic move is poised to have far-reaching implications for the LUNC token and the broader crypto community. Tomorrow #LUNC […]
Changpeng Zhao (CZ), the CEO of Binance, has taken to Twitter to share his thoughts on the potential impact of a burning tax on LUNC (Terra Classic). CZ expressed scepticism about the effectiveness of a 1.2% burn tax, suggesting that whales might lose interest. Instead, he proposed a 1.5% burn tax as a more viable […]
Despite recent positive shifts in major cryptocurrencies, Terra Classic (LUNC) struggles with sustained declines, facing challenges after last month’s surge. Technical analysis reveals key insights into LUNC’s current state, while ongoing initiatives like Binance’s burning signal potential for a future rebound. Market Overview While Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA) witnessed significant […]
In a surprising turn of events, Binance, the prominent cryptocurrency exchange, has experienced an extraordinary outflow of Shiba Inu (SHIB) tokens in the past 24 hours, totalling a staggering 673 billion SHIB, valued at an astonishing $6.69 million. This massive movement of tokens has left the crypto community in awe, sparking discussions about the motives […]
In a strategic move to capitalize on the ongoing crypto breakout, Binance, one of the leading cryptocurrency exchanges, is set to introduce zero-fee trading for select pairs, including the popular cryptocurrency XRP. This bold initiative, scheduled to commence on December 8 at 00:00 UTC, is a deviation from the conventional fee-based structure and aims to […]
In a strategic move on December 1, 2023, Binance conducted its 16th burn of LUNC tokens, leveraging the accumulated trading fees from October 31 to November 29, 2023. This calculated initiative has proven to be a resounding success, injecting renewed vitality into the Terra Classic ecosystem and solidifying the market value of LUNC. As the […]
In a surprising turn of events, Terra Classic (LUNC) is on the brink of a substantial price surge, echoing its resilience following a tumultuous period reminiscent of meme coin volatility last year. Recent developments, including a significant token burn led by Binance, have propelled LUNC to new heights, with analysts eyeing a potential reclamation of […]
The cryptocurrency market is witnessing a significant surge, and Terra Classic (LUNC) is emerging as a standout performer with a remarkable 117% increase in just one month. This achievement is particularly noteworthy as Terra Classic faced challenges in the past, hitting its lowest value in early August. However, the current performance of LUNC exceeds expectations, […]
In a surprising turn of events, the remnants of the Terra blockchain, represented by USTC and LUNC tokens, have experienced an unprecedented surge in value this week. Fueled by a newly announced Binance perpetual contract listing and the emergence of an innovative Bitcoin-focused revamp and airdrop plan, the cryptocurrency community is abuzz with excitement over […]