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Tag: 0.2% LUNC Burn Parameter

LUNC’s Price Skyrockets 32.50% in 24 Hours; AI Model Forecasts Continued Momentum
Terra Classic (LUNC)

LUNC’s Price Skyrockets 32.50% in 24 Hours; AI Model Forecasts Continued Momentum

In a spectacular display of resilience and upward momentum, Terra Classic (LUNC) has surged by an impressive 32.50% in the past 24 hours, reaching a current price of $0.0001971. This surge follows LUNC's remarkable performance in November, where it erased a zero and catapulted from $0.00006 to over $0.0001. Predicting Further Growth: ChatGPT's Bold Projection Consulting ChatGPT, the renowned Large Language Model from OpenAI, has unveiled a bold prediction for LUNC's future. "I predict that by December 31, 2023, the price of Terra Classic (LUNC) will surge to $0.0003256," stated ChatGPT. This forecast implies a substantial 65.19% surge for LUNC before the year's end, reflecting a two-fold increase compared to its November surge. The prediction has generated enthusiasm within the Terra Cla...
Terra Classic (LUNC) Set for Major Upgrade to Resolve Critical Dyncomm Module Issue
Terra Classic (LUNC)

Terra Classic (LUNC) Set for Major Upgrade to Resolve Critical Dyncomm Module Issue

Terra Classic (LUNC) is on the brink of a significant upgrade as the core developer, L1TF, opts to transform an already approved proposal into a comprehensive upgrade. Proposal 11890, originally titled “Upgrade to v2.3.2 (Sequence Mismatch Issue Resolution),” has garnered unanimous support from the community and is now poised to address a critical sequence mismatch issue affecting validators in the dyncomm module of the Terrad client. Read Also: Uncertainty Surrounds USTC Future Despite Recent Surge, Analyst Cautions Against Potential Bearish Reversal The proposal, initially designed to implement Terrad client v2.3.2 on-chain, aims to rectify a crucial sequence mismatch issue that has been impacting certain validators during dyncomm commission edits. Despite its previous approval, th...
XRP Road to Recovery: Potential Earnings and Caution Amidst All-Time High Speculation
XRP News

XRP Road to Recovery: Potential Earnings and Caution Amidst All-Time High Speculation

Since its dip below the $3.8 all-time high in January 2018, XRP has faced challenges in reclaiming this coveted price threshold. The closest it came was in April 2021, when it surged above $1.9, only to face stern resistance at $3.8. Many attribute XRP's struggle to the legal battle surrounding the asset, particularly the SEC's charges against Ripple in December 2020, leading to delistings on U.S.-based exchanges and selling pressure. Read Also: Terra Classic (LUNC) Blockchain Witnesses Resurgence Amidst Record Transactions and Price Recovery Despite its inability to reach new highs during the 2021 bull run, XRP is now experiencing renewed optimism following recent legal clarity. Market analysts believe that with regulatory uncertainties lifting, XRP could potentially recover and eve...
Terra Classic (LUNC) Faces Uphill Battle as CoinCodex Predicts Prolonged Struggle, Community Remains Bullish on Recovery
Terra Classic (LUNC)

Terra Classic (LUNC) Faces Uphill Battle as CoinCodex Predicts Prolonged Struggle, Community Remains Bullish on Recovery

In a turn of events for Terra Classic (LUNC), once a prominent player in the crypto space, the coin has faced a significant setback following the debugging of its associated algorithmic stablecoin, TerraClassicUSD (USTC), last year. With historical highs pegged at $119.8, LUNC has struggled to regain its footing, prompting questions about its future trajectory. Read Also: Argentina's Pro-Bitcoin Shift Sparks Optimism for XRP Adoption in Economic Overhaul CoinCodex Prediction: Pessimistic Outlook According to CoinCodex, an AI-driven platform that analyzes historical trends, the forecast for LUNC appears bleak. The algorithm predicts that in 2024, LUNC will trade at a low price of $0.00007736, with the maximum price projected at the same amount. This implies minimal growth of 1.09% from...
Successful Vote on Proposal #11873 Signals Positive Momentum for $LUNC
Terra Classic (LUNC)

Successful Vote on Proposal #11873 Signals Positive Momentum for $LUNC

In a significant milestone for the $LUNC community, Proposal #11873 has achieved the required quorum, with an overwhelming majority of positive votes. The outcome, as reported by strathcole, suggests a promising direction for the cryptocurrency, marking a crucial step towards overcoming development barriers and addressing tax calculation issues associated with #luncburn. Read Also: Terraport Finance Rallies Community Spirit Amidst LUNC's Approach to Critical Psychological Level https://twitter.com/ColeStrathclyde/status/1725081474041278643 Quorum Achieved: A Positive Sign for $LUNC The successful voting on Proposal #11873 indicates strong community support and a shared vision for the future of $LUNC. With 22 hours remaining in the voting process, stakeholders are expressing optimis...
Terraport Finance Announces $1,500 $LUNC Giveaway – A Token of Appreciation to its Community
Terra Classic (LUNC)

Terraport Finance Announces $1,500 $LUNC Giveaway – A Token of Appreciation to its Community

In a generous move to express gratitude to its growing community, Terraport Finance has officially announced a $1,500 $LUNC giveaway. The cryptocurrency giveaway is open to participants who simply need to retweet the specified tweet and ensure they are following Terraport Finance on the platform. Read Also: XRP Holders Beware: Scammers Utilize Deep Fake Technology in Deceptive Brad Garlinghouse Video for Fraudulent Giveaway https://twitter.com/TerraValidators/status/1724250992311685368 Terraport Finance, a prominent player in the cryptocurrency and decentralized finance (DeFi) space, has consistently demonstrated a commitment to engaging its community and fostering a sense of inclusivity. The $1,500 $LUNC giveaway is yet another manifestation of this dedication. The rules for p...
Terra Classic (LUNC) Faces Uncertainty Amidst Binance Token Burn and Market Volatility
Terra Classic (LUNC)

Terra Classic (LUNC) Faces Uncertainty Amidst Binance Token Burn and Market Volatility

In the ever-fluctuating landscape of the cryptocurrency market, Terra Classic (LUNC) has recently taken centre stage, catching the attention of both investors and artificial intelligence. LUNC, which is currently valued at a modest $0.000064, has experienced its fair share of volatility, with its journey taking unexpected turns. The recent incineration of 760 million LUNC tokens by Binance, a crypto exchange giant, has made waves in the crypto community. This token burn represents a significant 50% of Binance's trading fees from October and has pushed the total LUNC tokens burned to a staggering 39.5 billion. This move, totalling around $47,465, solidifies Binance's position as the leading force in the LUNC burn campaign, with their contributions now totalling an impressive $2.47 million. ...
LUNC Blockchain Community Faces Controversy Over Complex Burn Tax Code
Terra Classic (LUNC)

LUNC Blockchain Community Faces Controversy Over Complex Burn Tax Code

In a recent turn of events, the blockchain community finds itself embroiled in a heated debate over implementing a new and complex burn tax code. The proposal, put forth by an undisclosed party, has raised significant concerns regarding its potential impact on the ability of the blockchain to attract and accommodate decentralized applications (dApps). Leading the charge against this controversial proposal is Lunanauts, a prominent validator, who tweeted out their strong dissent, highlighting the potential consequences of this intricate tax code on the blockchain ecosystem. Read Also: LUNC Community Shows Enthusiasm for Reinstating 1.2% Tax as Deposits Surge Decentralized applications (dApps) have become a fundamental element of the blockchain landscape, contributing to the ecosystem'...
LUNC Community Shows Enthusiasm for Reinstating 1.2% Tax as Deposits Surge
Terra Classic (LUNC)

LUNC Community Shows Enthusiasm for Reinstating 1.2% Tax as Deposits Surge

The LUNC community is buzzing with anticipation as discussions surrounding the possible reinstatement of a 1.2% tax gain momentum. The proposition to reintroduce this tax has garnered enthusiastic support within the LUNC community, as evidenced by a surge in deposits. A tweet from the LUNC Rocket Twitter handler has ignited the conversation around this intriguing development. Read Also: Shiba Inu (SHIB) Burn Rate Skyrockets, Fueling Enthusiasm and Speculation in the Community https://twitter.com/RocketLunc/status/1716788932061347931 Revisiting the 1.2% Tax Community Momentum: The LUNC community has shown significant interest in revisiting the 1.2% tax, a concept that appears to have struck a chord with many supporters. The idea of reintroducing this tax has triggered discussion...
Concerns Over Legitimacy Surround ‘Six Samurai’ 750 Million LUNC Spend Proposal in LunaClassic Governance
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...