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Tag: LUNA 2.0

Terra Classic’s LUNC: A Look Ahead – Predicting Price Potential in 12 Months
Terra Classic (LUNC)

Terra Classic’s LUNC: A Look Ahead – Predicting Price Potential in 12 Months

As the Terra Classic (LUNC) community rallies with enthusiasm, speculations regarding the token's future have ignited discussions across the crypto landscape. With the rallying cry of "Terra LUNC Army" resonating, the question on everyone's mind is: Where will LUNC stand in the next 12 months? https://twitter.com/terra_army/status/1690244289056681984 Predictions on the LUNC price The volatile nature of the cryptocurrency market makes predicting precise price points challenging, but let's delve into possible scenarios based on current trends and factors shaping LUNC's trajectory. Read Also: Terra Classic (LUNC): Exploring Factors for Potential Price Ascension Amidst Recovery Efforts $1 - The Bold Ambition: For LUNC to reach $1 within a year, it would entail a remarkable journe...
LUNC Token Poised for Significant Growth: Predictions Indicate a Potential Surge to $0.1 to $1 within 4 to 7 Months
Terra Classic (LUNC)

LUNC Token Poised for Significant Growth: Predictions Indicate a Potential Surge to $0.1 to $1 within 4 to 7 Months

In an exciting development for crypto investors, Terra Validator has tweeted about the growing potential of the LUNC token, setting the stage for significant price appreciation. LUNC, the native token of an emerging blockchain project, has been gaining traction and generating buzz within the cryptocurrency community. LUNC from $0.1 to $1 per token According to Terra Validator's tweet, LUNC is expected to witness a remarkable surge in value over the next 4 to 7 months, with projections ranging from $0.1 to $1 per token. This potential growth is attributed to the underlying project's innovative technology and its promising position in the ever-evolving decentralized finance (DeFi) landscape. Read Also: Cryptocurrency Analyst Jaydee Identifies Bullish Signals for XRP, Predicting Potentia...
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...
Lunarcrush Identifies Promising Altcoin for the Upcoming Bull Run with Potential 100x Growth.
Cryptocurrency

Lunarcrush Identifies Promising Altcoin for the Upcoming Bull Run with Potential 100x Growth.

Lunarcrush, a renowned cryptocurrency analytics platform, has recently identified a promising altcoin that shows strong potential for significant growth during the upcoming bull run. This particular altcoin has caught the attention of many investors and enthusiasts due to its unique features and promising prospects. With Lunarcrush's seal of approval and a projected 100x growth potential, this altcoin is poised to make waves in the crypto market. Read Also: Full Guide On How To Invest In Altcoins https://twitter.com/LunarCrush/status/1673976255559917568 Altcoin Analysis: Lunarcrush, known for its comprehensive analysis and social media sentiment tracking, has conducted an in-depth assessment of numerous altcoins to identify the one with the greatest growth potential. After consider...
Despite The Allegation Against The Terraform Labs, The U.S. Community Now Target Improving LUNC On Via Burning Mechanism
Cryptocurrency

Despite The Allegation Against The Terraform Labs, The U.S. Community Now Target Improving LUNC On Via Burning Mechanism

The LUNA community in the U.S has despite the various lawsuits against the Terraform Labs CEO, Do Kwon, Daniel Shin, and Terraform Labs shifted their target to the burning LUNC. Since this time, the LUNC’s price has revealed bullish potential, trying to overcome the bear. The community is now focused on the proposal 3568 for the enhancement of the LUNC through the integration of the burning method. This proposal stated a tax burn mechanism or method to limit the overall supply of LUNA classic, therefore increasing the remaining tokens. as stated, the burning will continue till the circulation remain 10 billion. Read Also: Businesses That Have SHIB Investors Among Their Employees Can Now Offer Them An Opportunity To Get Paid In SHIB: NOWPayment Read Also: FOMO Pay To Use Ripple...
New Terra Luna Classic (LUNC) Burning Proposal Gets 80% Votes In Favor, Will It Be Implemented?
Cryptocurrency

New Terra Luna Classic (LUNC) Burning Proposal Gets 80% Votes In Favor, Will It Be Implemented?

A LUNC investor has fielded a proposal to burn tokens and cause a sharp spike in price. For some time now, the Terra community has complained that Do Kwon and Terraform Labs have left LUNC and UST. A previous demand by the community for TFL to implement a LUNA burning mechanism was rejected, and Do Kwon and his team instead elected to create Terra 2.0. Currently, another proposal by a LUNC investor is causing ripples within the community and the crypto market. The proposal suggests a straightforward LUNC burning mechanism that will lead to a decrease in supply and a price increase. Read Also: Binance To PayPal Short Guide: How To Transfer Crypto From Binance To PayPal The LUNC Burning Mechanism As stated by the proposal, a 1.2% tax/burn will be implemented on all LUNC tra...
LUNC Price Spiked Strongly As the Community Passes ‘Tax/Burn 1.2% Proposal
Cryptocurrency

LUNC Price Spiked Strongly As the Community Passes ‘Tax/Burn 1.2% Proposal

LUNC price was believed to gain significant bullish momentum since the onset as the community was not in favor of LUNA 2.0.  The Terra community then (now TerraClassic) was always in favor of burning the excess minted tokens rather than creating a new chain. As the LUNC & USDTC prices are highly dependent on the number of tokens in circulation, the need of squeezing the tokens in circulation became mandatory.  However, in a recent update, the community has passed the Tax or Burn 1.2% proposal for TerraClassic, LUNC. As stated by the proposal, for every buys/sells transaction, 1.2% of LUNC coins will be burnt until the supply reaches the 10 billion mark.   Read Also: Ethereum adds 500,000 new addresses per week And Its Developers Successfully Activate the Merg...
Terra Classic Holders Spikes 500% In A Month As Investors Bet On LUNC Recovery
Cryptocurrency

Terra Classic Holders Spikes 500% In A Month As Investors Bet On LUNC Recovery

Following the downfall of Terra (LUNA) and its subsequent relaunch as LUNA 2.0, the platform’s original chain, which is presently working under the name Terra Classic (LUNC), is garnering an incredible amount of attention among crypto traders. CoinMarketCap statistics indicate that Terra Classic is the second most-searched cryptocurrency on the site as of June 7th out of all the cryptocurrencies after LUNC was the most digital asset earlier on June 3rd. Read Also: Shiba Inu-Themed Burger Joint Shares More Details About Recent Exploit And Shiba Inu Might Soon Get a Utility Boost. More also, interest among investors is highlighted by the overall number of the unique addresses that hold assets in the network in the last month; on May 9th, there were 1,642 holders compared with ...
Terra Luna 2.0 Recovers Over 100% In 24 Hours, Here’s The Reason
Cryptocurrency

Terra Luna 2.0 Recovers Over 100% In 24 Hours, Here’s The Reason

Terra’s LUNA 2.0 token rallied sharply in the last 24 hours after the blockchain said it will rectify certain shortfalls in its recent airdrop. LUNA spiked as much as 100% to reach an intraday high of  $11.97, from a low of $5.86. The token is now trading at $8.57- up 40% in the past 24 hours, according to data from Coinmarketcap.com. The token’s rally was triggered just after Terra said on its official Twitter handle that it is actively working towards ensuring its recent airdrop is correctly distributed. Read Also: Shiba Inu Founder Disappears From Social Media – Gone ‘Without Notice’ https://twitter.com/terra_money/status/1531410663674888192 The move is in response to several holders complaining that they received less LUNA from the airdrop than they wer...
Can Terra’s LUNA 2.0 price pump back to $30?
Cryptocurrency

Can Terra’s LUNA 2.0 price pump back to $30?

LUNA 2.0 price is consolidating below the midpoint of the recently formed trading range after the airdrop from last Saturday. Investors are advised to remain patient and wait for a directional bias to develop before getting into new trading positions. Read Also: $XRP: RippleNet General Manager: We Have Bigger Ambitions Than Replacing SWIFT How the TerraUSD (UST) de-peg crash transpired Trouble and doubt first began for LUNA when Terraform Labs founder Do Kwon made a  public bet of $1 million with a Twitter user Algod that the price of LUNA would be higher than on the date of the bet, March 14. https://twitter.com/AlgodTrading/status/1503103705939423234 Soon after GCR another Twitter user joined hands with Algood and ponied $10 million for the...