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Tag: LUNC DAO

Terra Luna Classic Gears Up for Major Chain Upgrade: Unanimously Approved Proposal Marks Milestone
16Mar By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Terra Luna Classic Gears Up for Major Chain Upgrade: Unanimously Approved Proposal Marks Milestone

In a landmark decision hailed by the Terra Luna Classic community, the eagerly awaited software upgrade proposal, "Upgrade v2.4.2," has officially secured passage with resounding support from validators and stakeholders. With an overwhelming 100% "Yes" vote from LUNC holders and validators alike, the proposal signifies a pivotal moment in Terra Luna Classic's journey towards greater functionality and interoperability within the blockchain ecosystem. Read Also: Shibarium Explorer Gets Upgrade to Enhance Transparency Software upgrade proposal Scheduled to take effect at block height 17309000, the upgrade is slated to commence at 16:00 UTC on March 25, according to data provided by StakeBin, a leading authority in blockchain analytics. The proposal garnered widespread acclaim for its ...
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Terra Classic (LUNC) Faces Volatility: Google’s Bard Provides Insights on Potential Future Scenarios
4Jan By CryptolifedigitalNo Comments
Blockchain

Terra Classic (LUNC) Faces Volatility: Google’s Bard Provides Insights on Potential Future Scenarios

Terra Classic (LUNC) investors find themselves on a rollercoaster ride as the cryptocurrency experiences a turbulent period after a promising surge in late November and early December. The current market situation has left investors anxious, with LUNC trading at $0.0001165 at the time of reporting, reflecting a 16.62% decline in 24 hours, a 21.53% decline in one week, and a significant 51.04% decline in one month. Read Also: Binance's Continued Commitment: 5.5 Billion Terra Luna Classic (LUNC) Tokens Burned in Latest Move To gain insights into LUNC's potential trajectory by the end of January, we consulted Google's AI-powered chatbot, Bard, renowned for its predictive capabilities. Bard acknowledges the challenging nature of predicting LUNC's price, attributing it to recent declines ...
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Binance’s Continued Commitment: 5.5 Billion Terra Luna Classic (LUNC) Tokens Burned in Latest Move”
4Jan By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Binance’s Continued Commitment: 5.5 Billion Terra Luna Classic (LUNC) Tokens Burned in Latest Move”

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 December. The cumulative effect of these burns has now eliminated over 49 billion Terra Classic tokens derived from trading fees on LUNC spot and margin trading pairs. Read Also: Crypto Advisor Nerayoff Optimistic About XRP's Bull Market Potential https://twitter.com/mycoinecho/status/1742131457424781590 The introduction of a USTC perpetual contract and the establishment of new USTC and LUNC trading pairs by Binance and ...
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Navigating the Decision: Holding or Selling LUNC at $0.1 in 2024
2Jan By CryptolifedigitalNo Comments
Terra Classic (LUNC)

Navigating the Decision: Holding or Selling LUNC at $0.1 in 2024

The cryptocurrency landscape is a realm of excitement, potential, and uncertainty. Amid this dynamic environment, investors often find themselves grappling with the crucial decision of whether to hold or sell their digital assets. The current question on the table sparks anticipation: Are you going to hold your LUNC if it goes to $0.1 in 2024? This inquiry opens the door to a broader discussion on strategic decision-making in the crypto space. Understanding the Cryptocurrency Rollercoaster Cryptocurrencies, characterized by their volatile nature, can experience significant price fluctuations influenced by various factors. Predicting precise price movements becomes a challenging endeavour, and the decision-making process involves navigating through a sea of uncertainties. Read Also: So...
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LUNC’s Ambitious Road to $1: Terraport Finance Proposes a Supply Burn Strategy
28Dec By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

LUNC’s Ambitious Road to $1: Terraport Finance Proposes a Supply Burn Strategy

In a recent tweet, Terraport Finance has put forth a bold proposition for LUNC, emphasizing the need to burn at least 50% of the supply to achieve the coveted $1 goal. This announcement has stirred the cryptocurrency community, prompting a closer look at the mechanics and potential implications of such a strategy. In this article, we will delve into the details of the proposed supply burn and explore how it could pave the way for LUNC's journey to $1. Read Also: Cardano (ADA) Nears New Heights: Analyst Predicts $0.78 Following Recent Rally https://twitter.com/TerraValidators/status/1740265884789444675 Understanding Supply Burning Supply burning, a common practice in the cryptocurrency space, involves permanently removing a portion of a token's circulating supply. The primary goal i...
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Terra Classic Meme Contest 2023: Unleash Your Creativity and Humor in the Crypto World!
27Dec By OLAJIDE SAMUELNo Comments
Cryptocurrency

Terra Classic Meme Contest 2023: Unleash Your Creativity and Humor in the Crypto World!

Greetings, Terra Classic Community! As we step into the New Year, the Terra Classic team is thrilled to announce the launch of the Terra Classic Meme Contest 2023! Get ready to showcase your wit, humour, and creativity as we bring laughter and joy to our incredible community. Read Also: Solana (SOL) Emerges Victorious in 2023: Can it Surpass $1,000 and Outshine Ethereum? How It Works: Create Your Meme: Craft a meme that revolves around Terra Classic, blockchain, or the crypto world, infused with a dash of New Year's spirit. We encourage participants to be original, creative, and, most importantly, respectful in their entries. Post Your Meme: Share your meme masterpiece in the dedicated contest thread between December 26th, 2023, and January 15th, 2024. Ensure that your submis...
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Genuine Labs Proposes Ambitious Revival Plan for Terra Classic (LUNC) and USTC, Community Overwhelmingly Supportive
25Dec By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Genuine Labs Proposes Ambitious Revival Plan for Terra Classic (LUNC) and USTC, Community Overwhelmingly Supportive

In a bid to breathe new life into Terra Classic (LUNC) and USTC, a promising contender has emerged on the scene. Genuine Labs, a team of seasoned developers hailing from the Cosmos stacks, has presented a comprehensive proposal aimed at addressing the challenges faced by these cryptocurrencies and ushering in a renaissance. Read Also: Ripple's Positive Developments Propel XRP Price on a Bullish Path https://twitter.com/LunaClassicLabs/status/1738631425585262730 The proposal, currently under community vote, meticulously identifies key areas for improvement, with a particular focus on IBC Hooks and Packet Forward Middleware (PFM) functionality. Genuine Labs envisions an integrated approach to enhance these features, including robust end-to-end and interchain testing to fortify the c...
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Unwrapping the Future: What Could Christmas Hold for LUNC’s Price Surge?
23Dec By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Unwrapping the Future: What Could Christmas Hold for LUNC’s Price Surge?

As the holiday season approaches, crypto enthusiasts find themselves immersed in the excitement of the potential Christmas rally, especially within the dynamic LUNC network. The LunarCoin token celebrated for its decentralized ecosystem and recent positive developments, has ignited curiosity within the community. The burning question now is, what festive surprises could Christmas have in store for the price of LUNC? Read Also: Terra Classic (LUNC) at the Crossroads: Tax2Gas Emerges as a Beacon of Hope https://twitter.com/Chot4a/status/1738584645359239208 The LUNC Ecosystem's Crescendo LUNC, a beacon of community-driven DeFi principles, has been making waves with its expanding ecosystem. Collaborations, integrations, and community initiatives have propelled the token into the spotli...
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CZ of Binance Expresses Concerns Over 1.2% Burn Tax for LUNC, Advocates for 1.5% Tax to Sustain Interest
20Dec By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

CZ of Binance Expresses Concerns Over 1.2% Burn Tax for LUNC, Advocates for 1.5% Tax to Sustain Interest

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 option to sustain interest and incentivize active participation in the LUNC ecosystem. Read Also: NEAR Protocol (NEAR) Surges 20% Amidst Crypto Market Rally, Eyes Potential Return to August 2022 Levels https://twitter.com/terra_army/status/1737490993396469819 LUNC, the native token of the Terra Classic blockchain, has been considering the implementation of a burning tax to manage tokenomics and incentivize long-term holders. The burn tax is a mechanism where a percentage...
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LUNC Poised for Extraordinary Growth: Bull Run Sparks Excitement Among Investors
17Dec By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

LUNC Poised for Extraordinary Growth: Bull Run Sparks Excitement Among Investors

In the dynamic realm of cryptocurrencies, all eyes are on LUNC as the market gears up for a potentially life-changing bull run. Enthusiasts and investors are abuzz with anticipation as indicators indicate significant gains for those holding LUNC tokens. https://twitter.com/Chot4a/status/1736358529382990273 Key Features of LUNC LUNC distinguishes itself with groundbreaking blockchain technology that promises to redefine the landscape. Its innovative features include Terra station, Staking and others. The coin has garnered strong community support, with active engagement and a positive environment fostering its growing popularity. Furthermore, strategic partnerships with key players in the blockchain and cryptocurrency space have elevated LUNC's credibility and potential for widespread ...
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