LUNC Trading Fee Burns Archives - Page 2 of 2

Terra Classic (LUNC) Surges Amidst Algorithmic Stablecoin Success, Eyes Bullish Momentum

6Dec

By OLAJIDE SAMUELNo Comments

Terra Classic (LUNC)

Terra Classic (LUNC) Surges Amidst Algorithmic Stablecoin Success, Eyes Bullish Momentum

In a stunning turn of events, Terra Classic (LUNC) has experienced a meteoric rise in its value, defying expectations and capturing the attention of investors worldwide. The catalyst behind this surge has been identified as a significant influx of investments into its algorithmic stablecoin, USTC. The surge began in late November, resulting in LUNC erasing one zero from its valuation and easily breaking through resistance levels. The initial parabolic surge of USTC, while slowing down, has not deterred LUNC's momentum. The cryptocurrency has displayed remarkable resilience, refusing to succumb to temporary pullbacks. Many market observers interpret this tenacity as a potential precursor to a larger bull run on the horizon for LUNC. Historical data suggests that LUNC has a track record o...

Terra Classic’s Meteoric Rise: A Synchronized Climb with Bitcoin Sparks Optimism

29Nov

By OLAJIDE SAMUELNo Comments

Terra Classic (LUNC)

Terra Classic’s Meteoric Rise: A Synchronized Climb with Bitcoin Sparks Optimism

In a remarkable display of market dynamics, Terra Classic (LUNC) has embarked on a significant upward trajectory, mirroring the movements of Bitcoin (BTC), the foremost cryptocurrency. This surge comes as Bitcoin revisits the pivotal $38,000 price point, underlining the interconnected nature of cryptocurrency markets. As of the latest data, LUNC has witnessed an impressive 15.29% increase in value, soaring to $0.0001179 and propelling its market capitalization to approximately $677 million. This surge is part of a broader market trend, underscoring the symbiotic relationship between various digital assets. Read Also: Unlocking Long-Term Value: A Comprehensive Guide to Luna Classic (LUNC) Investment and Staking on Terra Classic LUNC's recent price activity includes fluctuations fro...

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...

Positive Momentum Sparks Excitement in Terra Classic Community

25Nov

By OLAJIDE SAMUELNo Comments

Terra Classic (LUNC)

Positive Momentum Sparks Excitement in Terra Classic Community

In a recent tweet from LUNC News, the question "Where are we flying?" has ignited a wave of speculation and excitement within the Terra Classic community. The cryptocurrency, LUNC, has experienced an extraordinary surge in price, reaching an impressive 0.00007697. This unexpected rally has prompted enthusiasts to delve into the multifaceted factors contributing to this substantial positive movement. https://twitter.com/Chot4a/status/1728462027247714314 LUNC's Price The driving force behind the recent surge in LUNC's price is not limited to the price action itself; it's deeply rooted in the ongoing developmental strides within the Terra Classic blockchain. The platform has been undergoing a comprehensive network upgrade, showcasing a steadfast commitment to technological innovation. Th...

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...

DFLunc’s Unprecedented LUNC Burns Surpass 4 Billion Units, Setting the Standard for Terra Classic Validators

23Nov

By Raliat IdrisNo Comments

Terra Classic (LUNC)

DFLunc’s Unprecedented LUNC Burns Surpass 4 Billion Units, Setting the Standard for Terra Classic Validators

In a groundbreaking development for the Terra Classic community, DFLunc's LUNC burning protocol, also known as FLunc Protocol, has achieved an extraordinary milestone by surpassing the 4 billion units mark, with a total burn of 4,079,374,478 LUNC. This remarkable accomplishment underscores the commitment of DFLunc to the Terra Classic ecosystem and its ongoing efforts to contribute to the platform's growth. Read Also: Crypto Market Buzz: Unsubstantiated Rumors Stir Excitement Amidst BlackRock and JPMorgan Speculation, XRP Community Urged to Exercise Caution https://twitter.com/TerraNewsEN/status/1727628748747337988 DFLunc Validator's Consistent Daily Burn: A Remarkable Average of 5 Million LUNC The success of DFLunc's LUNC burning protocol is further highlighted by the validator's ...

LUNC to Initiate Token Burn of 99.9% in Landmark Partnership with Binance

3Oct

By OLAJIDE SAMUELNo Comments

Terra Classic (LUNC)

LUNC to Initiate Token Burn of 99.9% in Landmark Partnership with Binance

In a groundbreaking development that is set to send shockwaves through the cryptocurrency space, LUNC, the native token of Lunacoin, has announced a strategic partnership with Binance, one of the world's largest and most influential cryptocurrency exchanges. The partnership is poised to reshape the landscape of the Lunacoin ecosystem, as it includes a monumental token burn of 99.9%. https://twitter.com/TerraportDao/status/1709052283374428266 Read Also: XRP Transaction Processing Capacity: A Closer Look at the Numbers The Token Burn Revolution The highlight of this partnership is the ambitious token burn initiative, which will see a staggering 99.9% of LUNC tokens taken out of circulation permanently. Token burns are a common practice in the cryptocurrency world, but a burn of this ...

Terra Luna Classic Community Debate On Burning Over 800 Million USTC Tokens. Would This Influence LUNC Price?

27Jul

By Tolulope ZaccheausNo Comments

Terra Classic (LUNC)

Terra Luna Classic Community Debate On Burning Over 800 Million USTC Tokens. Would This Influence LUNC Price?

The Terra Luna Classic community finds itself embroiled in a heated debate over the allocation of 800 million USTC tokens linked to the Ozone Protocol, raising concerns about the project's deviation from its proposed development plan. The contentious discussion has sparked opposing viewpoints among prominent community members, Vegas and Alex Forshaw, each proposing different courses of action for the tokens. Terra Classic Community Debates On 800 Million USTC Tokens In Ozone Protocol Vegas, a former member of the Ex-Terra Rebels developer group, has taken the initiative to bring this matter to the forefront. He strongly believes that the 800 million USTC tokens should be reabsorbed into the Terra Classic community pool due to the Ozone Protocol's perceived failure to adhere to the propos...

Binance Initiates Second Round Of LUNC Trading Fee Burns With 3 Billion LUNC

10Oct

By OLAJIDE SAMUELNo Comments

Cryptocurrency

Binance Initiates Second Round Of LUNC Trading Fee Burns With 3 Billion LUNC

In a recent tweet by LUNC DAO, it was revealed that Binance, the leading cryptocurrency exchange, has initiated a second round of LUNC trading fee burns which claimed a total of almost three billion LUNC worth about $1 million to the Terra burn wallet as part of its burn initiative to support the network. https://twitter.com/LUNCDAO/status/1579445012865388544 Second Round Of LUNC Trading Fee Burns Of Binance Although the update on the burn was once tracked by the LunaBurnTracker, which revealed it on its official Twitter handle. However, Binance hasn’t updated this transaction on its blog post but hopes to do so on or before 00:00 UTC on Tuesday. https://twitter.com/LunaBurnTracker/status/1579412329082634240 Recall that the largest crypto exchange added its support for...