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Tag: $1 LUNC Burn

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...
Announcement of 99.9% LUNC Token Burn Plan Sends Shockwaves Through Crypto Community
Terra Classic (LUNC)

Announcement of 99.9% LUNC Token Burn Plan Sends Shockwaves Through Crypto Community

In a surprising and groundbreaking development, Levi, a prominent figure in the cryptocurrency space, has taken to his official Twitter page to announce the imminent implementation of a 99.9% burn plan for the LUNC token. This revelation, made via a tweet, has set the crypto community abuzz with speculation and anticipation. Terra Classic to Burn 99.9% LUNC The tweet, which reads, "I'M ANNOUNCING THE 99.9% BURN PLAN THIS WEEK," has ignited discussions across social media platforms and within crypto circles. Levi's announcement suggests a bold and unprecedented move that could have significant implications for the LUNC token and its ecosystem. Read Also: Terraport Finance Announces $100,000 USTC Giveaway in Social Media Blitz https://twitter.com/LeviRietveld/status/17290276231653417...
TerraCVita Celebrates Positive Step Toward Enhanced On-Chain Development
Terra Classic (LUNC)

TerraCVita Celebrates Positive Step Toward Enhanced On-Chain Development

In a significant development for the TerraClassic (LUNC) ecosystem, validators have unanimously approved a proposal to rework the LUNC burn tax. The decision aims to simplify the implementation process for developers on the chain, fostering a more developer-friendly environment. TerraCVita, a key player in the Terra ecosystem, took to Twitter to share the news and express enthusiasm about the positive impact this change is expected to bring. Read Also: Legal Experts Clash Over Ripple's Legal Victory and XRP's Price Performance https://twitter.com/TerracVita/status/1725474909663449205 LUNC Burn proposal to enhance the functionality of the blockchain The approved proposal represents a collaborative effort within the Terra Classic community to enhance the functionality of the blockcha...
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...
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'...
Can 1 BIG PUMP change everything in the LUNC network?
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...
LUNC’s New CEO Outlines Vision for $1 Valuation and Wealth Creation
Terra Classic (LUNC)

LUNC’s New CEO Outlines Vision for $1 Valuation and Wealth Creation

In a groundbreaking statement, LUNC's newly appointed CEO, known as CEO SOS, has unveiled a comprehensive plan to propel the company to a valuation of $1 and bring prosperity to its stakeholders. This strategic vision is poised to revolutionize the future of the organization and the cryptocurrency market. Read Also: Ripple President Vows to Fight SEC Lawsuit Amidst Crypto Industry's Quest for Clarity https://twitter.com/LUNCbanned/status/1702231549804978184 CEO SOS emphasized the following key points as the cornerstones of this ambitious endeavour: Transparency and Trust: The CEO pledged to establish an unwavering commitment to transparency. To achieve this, LUNC will engage with its community through regular updates, AMAs (Ask Me Anything sessions), and real-time reporting o...
Terra Classic (LUNC): Exploring Factors for Potential Price Ascension Amidst Recovery Efforts
Terra Classic (LUNC)

Terra Classic (LUNC): Exploring Factors for Potential Price Ascension Amidst Recovery Efforts

The Terra Classic ecosystem, represented by the token LUNC, has faced significant challenges since the collapse of the original Terra (LUNA) ecosystem. Amid a bearish crypto landscape, LUNC has struggled to regain its footing, with unprecedented losses evident across various performance metrics, including total value locked (TVL) and other key indices. As the token's price hovers below the psychological $0.1 level, the prospect of a substantial recovery might seem improbable. Factors to be considered in driving LUNC prices upward Despite the formidable obstacles that the Terra Classic project has encountered, there are factors worth considering that could play a pivotal role in driving LUNC's price ascent to levels like $0.1. To facilitate this upward trajectory, the establishment of an ...
Binance Conducts Batch 12 LUNC Burn, Reducing Terra Classic’s Total Supply Below 6.84T
Terra Classic (LUNC)

Binance Conducts Batch 12 LUNC Burn, Reducing Terra Classic’s Total Supply Below 6.84T

In a show of continued support for the Terra Classic ecosystem, Binance, the world's largest crypto exchange by trading volume, conducted its batch 12 LUNC burn on August 1. The burn resulted in the permanent removal of over 1.41 billion LUNC tokens from circulation in a single transaction. This move successfully reduced Terra Classic's total supply below 6.84 trillion tokens. Read Also: Binance Japan K.K. Launches, Offering Japanese Users Unprecedented Access to Tradable Tokens and Innovative Financial Products Binance conducts 12 LUNC Burn On-chain data revealed that Binance burned exactly 1,412,760,563 LUNC at I:36 PM UTC on Tuesday. The burned amount accounted for 50% of Binance's trading fees on LUNC spot and margin trading pairs, which were accumulated between June 30 and July 3...
Terra Classic Tokens LUNC and USTC Record Significant Surges, Fueling Market Enthusiasm
Terra Classic (LUNC)

Terra Classic Tokens LUNC and USTC Record Significant Surges, Fueling Market Enthusiasm

In an unprecedented turn of events, the popular Terra Classic ecosystem tokens, LUNC and USTC, have taken the crypto market by storm, experiencing remarkable rallies and posting impressive gains over the past 24 hours and seven days. LUNC Is up by 16.25% and USTC By 52.36% USTC, formerly known as TerraUSD (USD), has witnessed a surge in its value, although it has not yet reached parity with $1. Currently trading at $0.01798, USTC has demonstrated a remarkable 52.36% increase in price over the last seven days, with a further appreciation of over 12% in the past 24 hours. This sustained surge, which began on June 14, has led to the trading of more than 8.17 billion USTC, equivalent to over $146 million, in the last 24 hours alone. Consequently, USTC's market capitalization has exceeded $17...