LUNC News Archives - Page 13 of 17

Terra Classic Performs Better Than BTC And ETH, Up By 4% Over The Last 24 Hours.

10Nov

By OLAJIDE SAMUELNo Comments

Cryptocurrency

Terra Classic Performs Better Than BTC And ETH, Up By 4% Over The Last 24 Hours.

The general crypto market hasn’t affected Terra classic as the token is performing better than BTC and ETH, rising by almost 4% over the last 24 hours, according to data on Coinmarketcap. The BTC is down 8%, trading at $16,665 while ETH is also down 7%. The good movement of the Terra classic despite the panic statement about the coin is confirmed by some analysts to be a testament to the progress the chain has made in adding utility and its burn mechanism. On the other hand, according to community members on Twitter, In a sea of red, Terra’s Classic ability to print daily green candles has been because it is the most decentralized project in the face of ongoing regulatory scrutiny of large, centralized exchanges. Read Also: NOWPayments Now Supports BONE ShibaSwap To Serve As A Pa...

Terra Grants Program Running To Claim 1.6 Million USTC, As Proposal 8813 Got A 92.15% Yes

7Nov

By OLAJIDE SAMUELNo Comments

Blockchain

Terra Grants Program Running To Claim 1.6 Million USTC, As Proposal 8813 Got A 92.15% Yes

According to Sunday’s tweet, Crypto Classic noted that proposal 8813 had passed the governance vote, in this view, a total of 1.6 million USTC is going into the new grants program running. As gotten from the voting record, 62% of the community took part in the voting with a total of 92.15% voting “yes,” while 7.66% opted to abstain, with only 0.1% voting against it, showing overwhelming support. Read Also: Terra Classic Spikes 273% In Three Months, 25% In 24 Hours, LUNC Revives Daily https://twitter.com/ClassyCrypto_/status/1589291464755798017 Kim is to get $57,600 worth of Terra classicUSD (1.6 million USTC) from Terra Classic as he rolls out the grants program Following the community approval of the recent proposal. The Terra Classic community get ready to roll out a ...

Terra Rebel Rewards Lottery Game Winner With 24 Million LUNC, 10.5 million Is Burned

5Nov

By OLAJIDE SAMUELNo Comments

Blockchain

Terra Rebel Rewards Lottery Game Winner With 24 Million LUNC, 10.5 million Is Burned

Terra Rebel unveiled the first rounds of its lottery game rewards winner with a total of 24 million LUNC as the game came to its end while the 10.5 million of this total were set on fire. Recall that Terra Rebel tweeted that it had recently launched a lottery game on the LUNC network. According to the record, the application is the first of its kind on the network that is being launched by the team. Read Also: Whales Move Over 187 Million XRP, Ripple Transfer 100,000,000 XRP Tokens The users are invited to look up the DApps on Terra Rebel’s website to participate, in the process, they will be asked to connect their Terra Luna Classic (LUNC) wallet. As gotten from the detail shared on Twitter, one lottery ticket costs only 5000 LUNC (approximately $1.25 at current rates). Nota...

Terra Classic Spikes 273% In Three Months, 25% In 24 Hours, LUNC Revives Daily

5Nov

By CryptolifedigitalNo Comments

Cryptocurrency

Terra Classic Spikes 273% In Three Months, 25% In 24 Hours, LUNC Revives Daily

The recent development reveals that the Terra classic (LUNC has been doing greatly well in this period, with LUNC value spiking 273% over the past three months, 24 hours spike of 25%. The brilliant improvement has made the investors interested in the coin. It is worth noting that the LUNC is currently changing hands at $0.0002484, an 11.58% spike. The asset’s trading volume also recorded a massive spike of 170.38%, representing $602.3million, in the past 24 hours. Coinmarketcap Read Also: James Filan Sticks To Its Prediction On Ripple And SEC, Saying Both Expert Motions And Summary Judgement Motions End Next Year Actions Of Terra Classis More also, its market cap is up by 16% in the last 24 hours as noted on the CoinMarketCap. In the hours leading up to press time, LUNC is ...

Get The Full Gist On The Progress Of Terra Classic Network So Far.

4Nov

By CryptolifedigitalNo Comments

Blockchain

Get The Full Gist On The Progress Of Terra Classic Network So Far.

Since the occurrence of the collapse that happened as far back as May 2022, the Terra community has been looking at all possible means to progress the Terra Classic network, there are a lot of tough situations the community being through in the course of the incident. So far, there has been a spectacular and significant milestone the LUNC community has achieved since part of the community chose to nurture it while the rest of the community chose to create a new token over the renamed one. Read Also: Crypto Oasis Mentions Some Of The Key Impact Of Ripple In The Middle East And North Africa (MENA) Since the inception of the LUNC, community members have chosen to sacrifice their resources in making the LUNC network a better place, creating a series of projects and authoring a lot of...

TerraCVita Urges People To Vote A Yes For The Proposal To Re-enable IBC, Some Community Members Go Against. Here Is Why

3Nov

By CryptolifedigitalNo Comments

Blockchain

TerraCVita Urges People To Vote A Yes For The Proposal To Re-enable IBC, Some Community Members Go Against. Here Is Why

In a recent tweet shared by TerraCVita, canvasing the community to vote on the proposal to re-enable the Terra Classic Inter Blockchain Community (IBC) channels authored by a couple of its members. TerraCVita Call The Community To Vote Yes For The Proposal “Great progress to re-establish IBCs and bring life to TerraClassicfrom Talentekija one of our fantastic devs TerracVita" Read Also: Whale Purchases A Whopping 205.81 Billion SHIB Making The Total Whales' Holding To Be 2.83 Trillion https://twitter.com/TerracVita/status/1587905449508196352 Notably, fragwuerdig, the original proposer authored it with the help of Rex Harrison, AKA Rexzy or RexYellerBelly. The TerraCVita members published the proposal codified as proposal 10880 in October. Community Members Go Agai...

Terra Classic Network Upgrade (v23) Is Set To Occur In Q4 2022

2Nov

By OLAJIDE SAMUELNo Comments

Blockchain

Terra Classic Network Upgrade (v23) Is Set To Occur In Q4 2022

The recent development revealed that the Terra classic is a few distances from becoming fully Cosmo Interoperable as a much anticipated v23 upgrade is slated to come up in December 2022 (Q4 2022). Terra Classic v23 Upgrade comes Q4 2022: Terra Rebel Terra Rebel, the group of developers behind the LUNC network, tweeted recently saying that it is ready to roll out the v23 upgrade and re-open Inter Blockchain Communication in Q4 2022, sharing the thoughts of core developer Edward Kim. Read Also: Investors Move Over 475.15 Million XRP In The Past 24 Hours, Ripple Locks A Total Of 1.2 Billion In The Escrow Wallet Terra Rebel noted; ” … we’re looking at reworking the underlying Cosmos tender mint skeleton and upgrading vanilla Cosmos 45.8 And then upgrade to Tendermint v34,” core de...

Terra Classic Launches First-Person Shooter (FPS) Game Where Users Can Play And Earn Reward

29Oct

By OLAJIDE SAMUELNo Comments

Cryptocurrency

Terra Classic Launches First-Person Shooter (FPS) Game Where Users Can Play And Earn Reward

Terra Rebel’s co-founder, Professor Edward Kim, recently launched a First-Person Shooter (FPS) Terra Classic (LUNC) game. Edward Kim is an associate professor of computer science at Drexel University, a co-founder of Terra Rebel, the team behind the revitalization of LUNC and also a leading developer at the LUNC network. It is worth noting that the First-Person Shooter game was launched on Unity Play, a platform where potential game creators deploy their latest WebGL creations. Professor Kim said the game was launched following massive interest in it. Read Also: Dogechain Confirms It Will Burn 80% Of Its Total Unreleased Supply In A Few Days, 800 Billion Dogechain To Be Burned https://twitter.com/edk208/status/1585351145521676289 Edward Kim noted in his tweet saying; “Se...

Proposal 6082 Is Officially Live, Users Need To Deposit 1 Million LUNC To Start Voting On Terra Classic Proposal

28Oct

By OLAJIDE SAMUELNo Comments

Cryptocurrency

Proposal 6082 Is Officially Live, Users Need To Deposit 1 Million LUNC To Start Voting On Terra Classic Proposal

In the previous report, it was noted that Terra Classic came up with the idea of proposal 6082 which is designed for the invasion of scams into the network. Proposal 6082 Is Now Live To Fight Scams According to a tweet shared by the Famous community influencer Classy Crypto who authored the proposal, saying proposal 6082 is now live with a total of 99.83% votes in favour of it. Read Also: Yongpu, A Chinese Brand Coffee Industry Selects VeChain Blockchain For Commodity Traceability And Transparency https://twitter.com/ClassyCrypto_/status/1585223880737984512 In the previous report, the community members must deposit 500,000 LUNC to submit a governance proposal on the Terra station and also, and users would be made to deposit an additional 1 million LUNC to start voting on ...

Following The Arrival Of New Validators, Over 111 Billion LUNC Are Staked In One Day

27Oct

By OLAJIDE SAMUELNo Comments

Blockchain

Following The Arrival Of New Validators, Over 111 Billion LUNC Are Staked In One Day

In a tweet shared by a member of Terra classic development group TerraCVita, said that holders had staked over 111 billion LUNC in one day following the arrival of new validators, representing a daily spike of about 12%. “In the last day before new validators arrive: Staking is up 1.5% to nearly 12%,” the TerraCVita member wrote. “This shows massive long-term confidence in LUNC with a move to a positive economic ecosystem rather than a destructive high tax one.” Read Also: Whales Move A Whopping Over 407 Million DOGE ($32.21 million) In Two Separate Transactions https://twitter.com/RexYellerBelly/status/1585264482363875331 New Validators Launch It is worth noting that the surges came following the day before the new validators launch and the member of the TerraCVita noted...