LUNC News Archives - Cryptolifedigital

Terra Classic Community Urges Robinhood to List Terra Classic (LUNC)

1Dec

By OLAJIDE SAMUELNo Comments

Terra Classic (LUNC)

Terra Classic Community Urges Robinhood to List Terra Classic (LUNC)

The Terra Classic community, fueled by the passionate support for the blockchain's native token, Terra Classic (LUNC), has taken to social media to call upon popular trading platform Robinhood to list their beloved cryptocurrency. This movement gained momentum when Terraport Finance, a prominent player in the Terra ecosystem, tweeted about the initiative, prompting a widespread response from the community. https://twitter.com/TerraValidators/status/1730121484784500996 The Rise of Terra Classic and LUNC: Terra Classic, a blockchain network known for its stability and efficiency, has gained significant attention in the crypto space. Its native token, LUNA Classic (LUNC), has become a favourite among investors due to its innovative features and the promising potential of the Terra ecosy...

Terra Classic Community Sparks Price Surges and Confidence Boost with Unanimous Approval of Crucial Proposal

28Nov

By Raliat IdrisNo Comments

Terra Classic (LUNC)

Terra Classic Community Sparks Price Surges and Confidence Boost with Unanimous Approval of Crucial Proposal

In a decisive move to breathe new life into Terra Classic (LUNC) and its stablecoin USTC, the community has rallied behind and unanimously approved a pivotal proposal. The proposal, named "Sequence Mismatch Issue Resolution" or Proposal 11885, focuses on deploying terrad client v2.3.1 on-chain, specifically addressing critical concerns related to the dyncomm ante decorator and account sequence. The update aims to resolve a significant problem with the dyncomm ante decorator, honing in on issues associated with account sequence. Despite the ongoing voting process, the proposal successfully passed within an impressive 24-hour window, showcasing the determination and unity of the Terra Classic community. Read Also: TerraClassicUSD (USTC) Surges 390% in 3 Days, Eyes $1 Target Amidst Comm...

Unravelling the Mystery Behind USTC’s Meteoric Rise: DK’s Masterful Trading Strategy Revealed

27Nov

By CryptolifedigitalNo Comments

Terra Classic (LUNC)

Unravelling the Mystery Behind USTC’s Meteoric Rise: DK’s Masterful Trading Strategy Revealed

In a surprising turn of events, the cryptocurrency market has witnessed an unprecedented surge in USTC's value, leaving investors and analysts scrambling for an explanation. As social media buzzes with speculations, one theory gaining traction points to a meticulously orchestrated strategy by a trader known as DK. Read Also: Announcement of 99.9% LUNC Token Burn Plan Sends Shockwaves Through Crypto Community Here's why LUNC And USTC Are Having A Bull Run https://twitter.com/0xNinjaCat/status/1728887023706980772 USTC recently broke free from a 72-week downtrend, erupting from a falling wedge pattern with remarkable force. The built-up pressure within this pattern, coupled with mass forced and voluntary liquidations of short positions, has propelled USTC's price to new heights. Simil...

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

27Nov

By Tolulope ZaccheausNo Comments

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...

TerraClassicUSD (USTC) Experiences Meteoric Surge, Market Capitalization Skyrockets to $571 Million

27Nov

By Onche Michael ONo Comments

Terra Classic (LUNC)

TerraClassicUSD (USTC) Experiences Meteoric Surge, Market Capitalization Skyrockets to $571 Million

TerraClassicUSD (USTC), a cryptocurrency that has recently witnessed an astonishing growth rate, has seen its price catapult to $0.06579, marking an exceptional surge from a low of $0.0167 within the past 24 hours. This surge in price has propelled USTC's market capitalization to an impressive $571,801,371, reflecting a staggering 301% increase. Read Also: Seasoned Financial Expert Predicts Special Bull Run for XRP as Legal Hurdles Clear Bullish On-Chain Metrics and Trading Volume Records One of the most notable on-chain metrics showcasing USTC's bullish momentum is the trading volume, which has soared by an astounding 2219.51% to reach $1,220,347,572. Despite being the 76th largest cryptocurrency by market cap, USTC's trading volume has now positioned it as the 7th largest in the ind...

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

26Nov

By CryptolifedigitalNo Comments

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 Shows Signs of Recovery as Transactions and Staking Ratios Reach All-Time Highs

24Nov

By OLAJIDE SAMUELNo Comments

Terra Classic (LUNC)

Terra Classic Shows Signs of Recovery as Transactions and Staking Ratios Reach All-Time Highs

In a surprising turn of events, Terra Classic, the blockchain that emerged from the ashes of Terra's multi-billion-dollar collapse in 2022, is making significant strides towards recovery. Recent updates from the Terra Classic Foundation reveal that the network has experienced a remarkable surge in user transactions and an upward trend in the staking ratio, indicating renewed confidence in the project. Terra Classic recently hit a new milestone with a record-breaking 589,000 transactions On November 22, Terra Classic hit a new milestone with a record-breaking 589,000 transactions in a single day, a substantial increase from the previous month's average of 300,000 transactions. This surge in network activity suggests a growing user engagement and interest in Terra Classic's ecosystem. R...

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

21Nov

By Adaralegbe Tosin MNo Comments

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...

Concerns Over Legitimacy Surround ‘Six Samurai’ 750 Million LUNC Spend Proposal in LunaClassic Governance

4Oct

By OLAJIDE SAMUELNo Comments

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...

“Decentralized Dilemma: Terra Luna Classic (LUNC) Community Debates CEO Role Amidst Crisis”

15Aug

By Daniel AbangNo Comments

Terra Classic (LUNC)

“Decentralized Dilemma: Terra Luna Classic (LUNC) Community Debates CEO Role Amidst Crisis”

Amidst the turmoil within the Terra Luna Classic (LUNC) network, a contentious debate has emerged over the creation of a CEO role to navigate the network's current crisis. Advocates of this proposal assert that LUNC's extreme decentralization hinders its survival prospects. Citing the absence of a clear leadership structure as a hurdle to effective decision-making and progress, they contend that the network's decentralization has hampered user and developer adoption. Read Also: Analyzing Shiba Inu's Ambitious Price Targets: A Comprehensive Overview LUNC Community debate over CEO Role However, opponents of the CEO concept counter that this move would contradict LUNC's foundational ethos of decentralization. Their concern lies in the potential concentration of power within a CEO role, r...