Friday, October 7

Tag: LUNC News

Terra Rebel Says There Is No Agreement Between LUNC And The SuperLitho: Detail
Cryptocurrency

Terra Rebel Says There Is No Agreement Between LUNC And The SuperLitho: Detail

Following the recent announcement of Kaj Labs saying it will soon burn a total of 2.5T LUNC tokens in support of the ongoing tax burn proposal,  reXx of the Terra Rebel has taken time to clarify the statement saying that despite the continuous mentions by Kaj Labs in the press releases for their play-to-earn (P2E) game, there is no agreement between the group and the company, SuperLitho. Per reXx, there is no aorta of an agreement between LUNC and the SuperLitho. Read Also: Huobi Exchange Transfers Over 1.72 Trillion SHIB To Unknown Wallet, Whales' Interest In Shiba Inu Increases https://twitter.com/reXxTerraRebels/status/1578077177110732803 Commenting on this, Terra Rebel says; “LUNC community. I’m not sure why @SuperLitho @KaJLabs decided to throw Terra Rebels name into th...
CetoEX To Add Support LUNC 1.2% Tax Burn Proposal Soon: Detail
Crypto Exchanges, Cryptocurrency

CetoEX To Add Support LUNC 1.2% Tax Burn Proposal Soon: Detail

The popularity of the LUNC Tax Burn is on the increase as another trading platform called CetoEX unveils its plan to implement the proposal on LUNC trading on-chain and off-chain transactions. The new development was shared on CetoEX’s official Twitter handle saying that Terra Classic (LUNC) listing soon on its platform. Read Also: LUNC Developer Confirms No Minting Of New LUNC Token, Terra Rebel Also Clarifies No One In Charge Of LUNC Code https://twitter.com/Cetoex/status/1577653264396394499 CetoEX Global Services Crypto noted in a recent announcement that it would list LUNC on its platform on October 10, 2022, at midnight UTC.  Facts About CetoEX It is a centralized cryptocurrency exchange permitting the users to transact with over 20 cryptocurrencies which inc...
A Terra Classic Developer, Zaradar, Says “No One Would Be Minting More LUNC As Long As He Remains In Charge”.
Cryptocurrency

A Terra Classic Developer, Zaradar, Says “No One Would Be Minting More LUNC As Long As He Remains In Charge”.

The recent unveiling of the proposal that will permit the community to mint a total of 500 billion LUNC as a part of a designed plan to restructure and re-peg UST by Alex Forshaw has been blatantly gone against by one of the core developers at the Terra classic named Tobias Andersen(Zaradar), the developer says “no one would be minting more LUNC as long as he remains in charge”. Read Also: Ripple's Enthusiasts Say SEC Has No Focus In The Ongoing Lawsuits: Detail https://twitter.com/ZaradarTR/status/1577211381472198656 Terra Classic Developer Says “We Can Fix USTC Without Minting More LUNC,”  Zaradar noted; “We can fix USTC without minting more LUNC,” and further stated; “Don’t make other people bad ideas my problem, and trust me when I say that as long as I’m in charge of t...
France’s First Business News TV Channel, BFM Business Features LUNC Token
Cryptocurrency

France’s First Business News TV Channel, BFM Business Features LUNC Token

It sounds surprising to see the LUNC token doing well again after a terrible time the token alongside its stablecoin passed through in the course of the May Terra collapse which lead to multi-million funds, the token is currently featured on France’s first business news TV channel, BFM Business. BFM Business Features LUNC Token The new development is shared by a Twitter handle, Mansa Crypto as the Terra Luna Classic tokens were discussed under a caption that was written in French, “TERRA CLASSIC LUNC: RETOUR EN FORCE,” which means TERRA CLASSIC LUNC: GREAT COMEBACK. Read Also: Over 1 Trillion SHIB Is Transferred To Coinbase From An Unknown Wallet In One Transaction https://twitter.com/Jose1William/status/1577223097778044928 It is worth noting that the BFM Business is the ...
The LUNC Community Is Displeased With The Idea Of Terra Classic Re-Peg Proposal: Here’s Why
Cryptocurrency

The LUNC Community Is Displeased With The Idea Of Terra Classic Re-Peg Proposal: Here’s Why

In a recent tweet, Alex Forshaw, a member of the Terra Classic developers group, the Terra Rebels, unveiled an updated re-peg proposal to help restructure TerraClassicUSD (USTC) by creating an “algorithmic fungible token (AFT).”  https://twitter.com/4lex_4sh4w_TR/status/1576832882932256768 500 Billion LUNC To Be Mint To Purchase Bitcoin Per the proposal authored by Foreshaw, Kim Edward, and Maximillian Bryan, the Terra rebels will create a new AFT called USTN. The new token will be backed by Bitcoin mostly, and then the token will be airdropped to the USTC holders. Read Also: David Gokhshtein Says Ripple Grows Bigger Despite The Criticisms. On this premise, a total of 500 billion LUNC will be minted to purchase Bitcoin. According to the group, the adoption of USTN wi...
The Long-Awaited Binance’s LUNC Burn Surfaced As Promised, As It Burns Over 5 Billion LUNC Tokens
Crypto Exchanges, Cryptocurrency

The Long-Awaited Binance’s LUNC Burn Surfaced As Promised, As It Burns Over 5 Billion LUNC Tokens

The most-anticipated Binance's LUNC burn has just landed after some days’ waiting. The largest crypto exchange fulfilled its promise with the burning of over 5 billion instantly. Recall that the previously stated that it will be implementing the LUNC tax burn on the LUNC spot and margin trades. Per LunaBurn Tracker; “Burn alert! 5,595,907,838 LUNC ($1,899,923) burned to Luna Burn Wallet,” Read Also: The Ripple's Usual Monthly Unlock Of 1 Billion XRP Tokens Did Not Happen In October, Could It Be That The Total 55 Billion XRP Locked Has Been Unlocked? https://twitter.com/LunaBurnTracker/status/1576928465898688512 Although the identity of the entity behind the burn was not explicitly noted, the consensus is that Binance initiated it due to the pattern of the initiation. Furt...
Michaël van de Poppe Shows Some Bullish Observation On LUNC
Cryptocurrency

Michaël van de Poppe Shows Some Bullish Observation On LUNC

A top crypto trader and analyst, Michaël van de Poppe recently confirmed that the LUNC token is doing well in the chart following his previous belief that the token will never clinch the $1 price point. Michaël van de Poppe Shares Some Bullish Observation On LUNC Michaël van de Poppe share his observation via his Twitter handle saying; “This one [LUNC] shows strength, as another breakout has happened,” the analyst wrote. “Currently into resistance, breaking and flipping = long zone. Otherwise, I’d be looking at long around $0.0003 for a potential play. If $0.00036 breaks, then I assume we’ll see $0.00045.” https://twitter.com/CryptoMichNL/status/1576587819580944384 Read Also: The Number Of XRP Wallets Is Now Over Four Million Michaël van de Poppe Recently Said LUNC Will N...
LUNC Community To Remove And Secure Stablecoin Market Terra Swap
Cryptocurrency

LUNC Community To Remove And Secure Stablecoin Market Terra Swap

The team that the reviving vision of the LUNC token, Terra Rebels shared a tweet recently saying that LUNC core developer Edward Kim had proposed to remove and secure the Terra stablecoin market swap, requesting comments on the proposal. Read Also: Kaj Labs Unveil Its Plan To Put Forward A Total Massive Burn Of 2.5 Trillion LUNC Tokens https://twitter.com/reXxTerraRebels/status/1576084295705206787 “LUNC community, @edk208 [Edward Kim] has proposed to remove and secure Stablecoin Market Terra Swap. Please comment on the recent agora,” tweeted reXx. Terra Community Decide To Remove And Secure Stablecoin Swap To Avoid Further Network Exploitation Really that the Terra Classic ecosystem has stablecoins supporting the top 23 fiat currencies. While swapping between LUNC and the...
Kaj Labs Unveil Its Plan To Put Forward A Total Massive Burn Of 2.5 Trillion LUNC Tokens
Cryptocurrency

Kaj Labs Unveil Its Plan To Put Forward A Total Massive Burn Of 2.5 Trillion LUNC Tokens

Kaj Labs, the development team at Lithosphere’s gaming series ‘Finesse,’ a two-chapter Play-to-Earn (P2E) game, unveil its plan to support the LUNC burn proposal with the massive burn of 2.5 trillion LUNC tokens. Kaj Labs announced this new development as it noted that it would allocate a total LUNC burn ranging from $50 million to $100 million. Read Also: Flare Network Discloses That It Had Launched Its Validator Code, It Finally Confirms The Timelines For XRP Distribution For Its Holders Kaj Lab stated:“If Terra Classic is implemented in the game, all LUNC used in the game would be burned during gameplay. To accommodate the burn, KaJ Labs will allocate $50 million to $100 million to burn up to 2.5T Terra Classic in Finesse games,”  The above statement revealed that the burn ...
LUNC Token Starts Gaining Relevance In The Sight Of Popular Crypto Trader, David Gokhshtein
Cryptocurrency

LUNC Token Starts Gaining Relevance In The Sight Of Popular Crypto Trader, David Gokhshtein

It seems LUNC is gaining some relevance in the sight of the known crypto analyst, David Gokhshtein as he was known for disbelieving LUNC’s recent rally. David Says LUNC Is Coming Out With A Road Map His recent tweet on his Twitter handle said that the token is coming up with a new road map to revive the whole project. It is worth noting the road map is crafted and sponsored by the “Terra rebels,” a section of the Terra community that supports Luna Classic. Read Also: The Third Blockchain Founders Hangout (BFH 3.0) To Hold In Abuja, Nigeria On 25th September 2022, It Aims At Helping Nigerian Entrepreneurs And Developers Gain Exposure To Cardano https://twitter.com/davidgokhshtein/status/1575660136151982082 The Positive View Of David On LUNC Is A Indication The recent po...