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Tag: LUNC Trading Fee Burns

Terra Luna Classic: Security Upgrades and Burning Offset by Price Slump
11Apr By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Terra Luna Classic: Security Upgrades and Burning Offset by Price Slump

Terra Luna Classic (LUNC) is undergoing a series of security upgrades overseen by its developer, Genuine Labs. While the community applauds these efforts, LUNC's price continues to disappoint. Security First: Genuine Labs Takes Action Genuine Labs' bi-weekly report highlights its focus on enhancing Terra Classic's security. The plan includes: Core Repository Upgrade: Ensuring compatibility with updated dependencies, is a crucial step for a healthy blockchain. Rigorous Testing: Extensive E2E and interchain tests guarantee seamless operation on the upgraded chain. Real-World Simulation: Launching a testnet mirroring the mainnet's data ensures a smooth transition. Bug Eradication: A critical bug identified by Genuine Labs, potentially halting the blockchain, has been eradi...
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Terra Luna Classic (LUNC) Burns Over 31 Million Tokens in a Single Day
20Mar By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Terra Luna Classic (LUNC) Burns Over 31 Million Tokens in a Single Day

Lunc.tech, a prominent Terra Luna Classic (LUNC) community member, recently tweeted about a significant token burn initiative. In the last hour alone, a total of 140,225.41 LUNC tokens were burned through an unspecified transaction. https://twitter.com/lunc_tech/status/1770540642126508535 Breaking Down the Burn This hourly burn contributes to an even larger total for the day. According to the tweet, over 31.7 million LUNC tokens have been burned today. This figure is further broken down into two categories: Read Also: Solana Trader Turns $368 into $260,000 Riding Memecoin Wave Today Burned:839,630.931 LUNC tokens were likely burned through a built-in burn mechanism or a specific burn project. Today Burned by Tax:A significantly larger amount, exceeding 30,910,016.469 LUNC tok...
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Terra Classic Rises From the Ashes: Staking Soars, Sentiment Shifts, and Recovery Beckons
27Jan By CryptolifedigitalNo Comments
Terra Classic (LUNC)

Terra Classic Rises From the Ashes: Staking Soars, Sentiment Shifts, and Recovery Beckons

From the fiery depths of market turbulence, a phoenix stirs! Terra Classic (LUNC), the phoenix token of the cryptosphere, has witnessed a remarkable resurgence in its staking ecosystem, with the ratio nearing 15% - a beacon of hope amidst the prevailing bearish gloom. Just days ago, LUNC had tumbled over 22%, echoing the bearish symphony playing across the crypto market. Stakers, spooked by the plummeting price, abandoned ship, sending the staking ratio down to a chilling 14%. But wait, a shift in the tides! A newfound confidence, like a rising tide, began to lift the LUNC ecosystem. Read Also: Terra Luna Classic (LUNC) Surpasses 95 Billion Milestone in Burn Campaign This isn't just a blip on the charts. It's a roar of defiance, a testament to the tenacious spirit of the Terra Cla...
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Luna Classic Bites Back: Chapter 11 is NOT the Obituary, It’s the Rebirth Anthem!
25Jan By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Luna Classic Bites Back: Chapter 11 is NOT the Obituary, It’s the Rebirth Anthem!

Hold your horses, panic sellers! While Terra Classic took a dramatic nosedive into Chapter 11, LUNA Classic (LUNC) is roaring back to life like a phoenix rising from the ashes of FUD. Forget doomsday dirges, this is a Phoenix party, and you're invited! First things first, LUNC is a completely separate entity from LUNC. Thinking they're twins doomed to the same fate is like confusing a phoenix with a pigeon – one soars, the other...well, you get the picture. Read Also: Shiba Inu: Weathering the Storm, but Can it Reach for the Stars? https://twitter.com/MrDiamondhandz1/status/1749467123754082572 Now, let's dissect this Chapter 11 beast. It's not a grim reaper, it's a reorganization ritual, a chance for Luna Classic to shed its old skin and emerge stronger, swifter, and ready to c...
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Terra (LUNA) and Ark Protocol Collaborate to Introduce Interchain NFTs to Cosmos Ecosystem
11Jan By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Terra (LUNA) and Ark Protocol Collaborate to Introduce Interchain NFTs to Cosmos Ecosystem

Terrahttps://cryptolifedigital.com/2023/09/23/lunc-leads-crypto-market-surge-with-7-89-gain-in-24-hours-while-terra-classic-seeks-binances-support/ Terra, a prominent blockchain network, has recently unveiled a groundbreaking development in its non-fungible token (NFT) projects through a strategic collaboration with Ark Protocol. The partnership is set to bring interchain NFTs to the Cosmos ecosystem, signalling a significant expansion in the reach and versatility of NFTs created on the Terra network. Read Also: Shiba Inu's Journey: Navigating the Cryptocurrency Landscape Towards 2030 Chris Amani, the CEO of Terra, underscored the importance of this advancement, emphasizing that Terra's NFT projects would now enjoy the unprecedented opportunity to showcase their collections across...
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Montenegro Appeals Court Decision Sparks Surge in Terra-backed Tokens as Do Kwon’s Extradition Revoked
19Dec By CryptolifedigitalNo Comments
Terra Classic (LUNC)

Montenegro Appeals Court Decision Sparks Surge in Terra-backed Tokens as Do Kwon’s Extradition Revoked

In a surprising turn of events, the Montenegro Appeals Court has ruled in favour of Do Kwon, the ex-co-founder and ex-CEO of Terraform Labs, revoking his extradition for criminal trials in South Korea and the U.S. This legal development has significantly impacted the prices of Terra-backed tokens, including LUNA, LUNC, and USTC, sending them on an upward trajectory. Montenegro favors Do Kwon The Montenegro Appeals Court sided with Kwon's attorneys, citing significant violations of criminal procedure provisions in the High Court's initial decision. The court's decision to halt Kwon's extradition has fueled optimism in the Terra ecosystem, reflected in the notable price surges of Terra-backed tokens on Tuesday. Read Also: Terraport Finance Fuels Enthusiasm as $LUNC Aims for $1 Following...
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Terra Classic (LUNC) Faces Challenges but Holds Strong Potential: Google Bard Predicts Price Movements by December 2024
10Dec By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Terra Classic (LUNC) Faces Challenges but Holds Strong Potential: Google Bard Predicts Price Movements by December 2024

In recent developments, Terra Classic (LUNC) has experienced a slowdown in its price momentum, dipping below the crucial support level of $0.0002 after a series of substantial surges. Currently trading at $0.0001917, the digital asset has witnessed a 4.66% price decline in the last 24 hours. Despite this setback, LUNC still boasts an impressive 43.14% gain over the past week and an astounding 196.82% increase in the last month. The cryptocurrency community is closely monitoring the situation, hoping for a continued uptrend. As the Bitcoin halving is scheduled for April 2024 and with an overall bullish sentiment in the crypto market, attention has turned to Google Bard for insights into how these factors may impact LUNC's price by December 2024. Read Also: LUNC and USTC: Unveiling the...
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LUNC and USTC: Unveiling the Potential for the Greatest Revival in Crypto
10Dec By CryptolifedigitalNo Comments
Terra Classic (LUNC)

LUNC and USTC: Unveiling the Potential for the Greatest Revival in Crypto

In the dynamic world of cryptocurrency, Terraport Finance has recently tweeted a bold proclamation, suggesting that LUNC and USTC are poised to become the greatest revival story in the crypto space. As the crypto community eagerly awaits the unfolding narrative, it's essential to delve into the details of these tokens and explore the factors driving such optimism. Read Also: Shiba Inu (SHIB) Witnesses Bullish Surge as Shibarium-Powered Burns Accelerate https://twitter.com/TerraEcosystem/status/1733531565219533039 The Potentials in USTC and LUNC Revealed LUNC, short for LunarCoin, and USTC, referring to TerraUSD, are two distinctive cryptocurrencies that have gained attention for their unique features and promising attributes. Let's first examine LUNC, touted as a lunar-inspired dig...
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Terra Classic (LUNC) Surges Ahead of Anticipated Bitcoin Halving in April 2024
7Dec By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Terra Classic (LUNC) Surges Ahead of Anticipated Bitcoin Halving in April 2024

As the crypto community eagerly anticipates the upcoming Bitcoin halving scheduled for April 2024, all eyes are on Terra Classic (LUNC), which has been making waves with its remarkable performance in recent weeks. At the time of reporting, LUNC is trading at $0.0002397, showcasing an impressive 8.5% surge in the last 24 hours, a staggering 104.73% increase in the past week, and an astonishing 256% surge over the last month. Bitcoin Halving The Bitcoin halving, an event occurring every four years that reduces the rewards for mining Bitcoin, has historically been a precursor to substantial price surges for Bitcoin and other cryptocurrencies. To understand the potential impact of the upcoming halving on LUNC's ongoing surge, insights were sought from Google Bard, Google's AI Large Language ...
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LunaClassic (LUNC) Rockets to the Top, Claims Coveted No. 1 Trending Spot on CoinGape
7Dec By Onche Michael ONo Comments
Terra Classic (LUNC)

LunaClassic (LUNC) Rockets to the Top, Claims Coveted No. 1 Trending Spot on CoinGape

In an electrifying turn of events, LunaClassic (LUNC) has seized the spotlight by becoming the number one trending coin on CoinGape, as proudly announced by Terraport Finance in a recent tweet. The cryptocurrency community is buzzing with excitement as LunaClassic's meteoric rise captures the attention of investors and enthusiasts alike. Read Also: Project USTX: Transforming USTC into a Revolutionary Gas Token for Cross-Chain Interoperability https://twitter.com/TerraValidators/status/1732709034602778963 Terra Classic Coin is the most trending coin on the CoinGape Terraport Finance took to social media to declare the exhilarating news, signalling a groundbreaking moment for LunaClassic. The announcement comes on the heels of LUNC's remarkable performance in the market, reflecting a...
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