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LUNC Community Votes Against 1.5% Burn Tax Proposal, Opting for Status Quo
25Dec By OLAJIDE SAMUELNo Comments
Blockchain

LUNC Community Votes Against 1.5% Burn Tax Proposal, Opting for Status Quo

In a significant turn of events, the Terra Classic (LUNC) community has officially rejected the proposed implementation of a 1.5% burn tax. The decision comes after an active and engaged voting process within the community, reflecting the decentralized nature of governance in the Terra Classic ecosystem. Read Also: Solana (SOL) Surges Past $100, Claiming 4 Spot by Market Cap: Factors and Future Predictions https://twitter.com/TerraValidators/status/1739165002244719072 The proposal for a 1.5% burn tax has stirred considerable discussion within the LUNC community, sparking debates about its potential impact on the digital asset. The burn tax was envisioned as a mechanism to address circulating supply concerns and enhance the overall tokenomics of LUNC. Community Voting Results Aft...
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Token’s Resurgence Fueled by Binance-Led Token Burn and Positive Market Sentiments
4Dec By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Token’s Resurgence Fueled by Binance-Led Token Burn and Positive Market Sentiments

In a surprising turn of events, Terra Classic (LUNC) is on the brink of a substantial price surge, echoing its resilience following a tumultuous period reminiscent of meme coin volatility last year. Recent developments, including a significant token burn led by Binance, have propelled LUNC to new heights, with analysts eyeing a potential reclamation of the resistance point at $0.0003. Current Market Snapshot As of the latest update, LUNC has achieved its highest price this year at $0.0002701, bolstered by an extraordinary 228% surge in trading volume, reaching an impressive $1,243,337,369. The token is presently trading at $0.0002636, reflecting a resilient market position. Read Also: LUNC's Price Skyrockets 32.50% in 24 Hours; AI Model Forecasts Continued Momentum Token Burn Trigger...
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LUNC’s Price Skyrockets 32.50% in 24 Hours; AI Model Forecasts Continued Momentum
4Dec By Onche Michael ONo Comments
Terra Classic (LUNC)

LUNC’s Price Skyrockets 32.50% in 24 Hours; AI Model Forecasts Continued Momentum

In a spectacular display of resilience and upward momentum, Terra Classic (LUNC) has surged by an impressive 32.50% in the past 24 hours, reaching a current price of $0.0001971. This surge follows LUNC's remarkable performance in November, where it erased a zero and catapulted from $0.00006 to over $0.0001. Predicting Further Growth: ChatGPT's Bold Projection Consulting ChatGPT, the renowned Large Language Model from OpenAI, has unveiled a bold prediction for LUNC's future. "I predict that by December 31, 2023, the price of Terra Classic (LUNC) will surge to $0.0003256," stated ChatGPT. This forecast implies a substantial 65.19% surge for LUNC before the year's end, reflecting a two-fold increase compared to its November surge. The prediction has generated enthusiasm within the Terra Cla...
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Terra Classic (LUNC) Surges to New Heights, Sparking Hopes of a Full Recovery
4Dec By Adaralegbe Tosin MNo Comments
Terra Classic (LUNC)

Terra Classic (LUNC) Surges to New Heights, Sparking Hopes of a Full Recovery

In a surprising turn of events, Terra Classic (LUNC) has emerged as a standout performer in the cryptocurrency market, showcasing remarkable gains that have surpassed the broader market's performance over the past two weeks. Notably, the stablecoin of the Terra Classic ecosystem, USTC, has experienced an even more remarkable surge, inching closer to regaining its $1 peg. As of the latest surge, LUNC has once again surpassed the $0.0002 mark, reaching $0.0002311, reflecting a notable 28% surge over the past 24 hours. This surge, coupled with a trading volume of $685.6 million, representing a significant 131.83% increase over 24 hours, signals a growing interest in the cryptocurrency. With LUNC breaching the $0.0002 resistance level, market participants are now speculating on the potentia...
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TerraClassicUSD (USTC) Achieves Stunning 300% Surge, Eyes $1 Valuation Amid Resilience and Strategic Moves
3Dec By CryptolifedigitalNo Comments
Terra Classic (LUNC)

TerraClassicUSD (USTC) Achieves Stunning 300% Surge, Eyes $1 Valuation Amid Resilience and Strategic Moves

In a spectacular display of resilience, TerraClassicUSD (USTC), the algorithmic stablecoin of the Terra ecosystem, has experienced an extraordinary surge of over 300% in value over the past period. Starting from a low of just over $0.016, USTC has skyrocketed to an impressive $0.06761, rekindling hopes for the stablecoin to regain its lost USD peg. Read Also: Terra Classic (LUNC) Surges 117% in a Month: Binance Burn Initiatives Propel Growth Driving Forces Behind USTC's Meteoric Rise Two key factors have been identified as the driving forces behind USTC's remarkable surge: Binance Futures Listing: The highly anticipated listing of USTC on Binance Futures played a pivotal role in the surge. The USDⓈ-M USTC Perpetual Contract, going live on November 27 at 12:30 UTC, introduced trad...
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Uncertainty Surrounds USTC Future Despite Recent Surge, Analyst Cautions Against Potential Bearish Reversal
1Dec By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Uncertainty Surrounds USTC Future Despite Recent Surge, Analyst Cautions Against Potential Bearish Reversal

The stablecoin of the Terra Classic ecosystem, USTC, has experienced a remarkable surge in recent weeks, climbing from lows under $0.03 to its current levels above $0.07. However, the inherent volatility of the crypto market has cast a shadow of uncertainty over USTC's future trajectory. Analysts, including those on the YouTube channel Cilinix Crypto, express cautious optimism amid concerns about the broader Terra Classic ecosystem and a potential correlation with the bearish trend in LUNC. Analyst's Perspective In a recent video, the crypto analyst from Cilinix Crypto acknowledged USTC's bullish momentum but warned of emerging weakness in the Terra Classic ecosystem, particularly noting a bearish outlook for LUNC. The analyst suggested a correlation between the two cryptocurrencies and ...
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TerraClassicUSD (USTC) Surges 390% in 3 Days, Eyes $1 Target Amidst Community-Led Revival
28Nov By CryptolifedigitalNo Comments
Terra Classic (LUNC)

TerraClassicUSD (USTC) Surges 390% in 3 Days, Eyes $1 Target Amidst Community-Led Revival

The cryptocurrency market is buzzing with excitement as TerraClassicUSD (USTC), an algorithmic stablecoin, experiences an extraordinary surge, recording a remarkable 390% increase in value over the past three days. Priced at $0.06617 at present, USTC's surge has ignited speculation about the possibility of achieving the coveted $1 price target, prompting optimism within the Terra Classic community. After a de-pegging from the US dollar in May 2022, USTC faced a prolonged period of stagnation, with its price hovering around $0.01. However, the relentless determination of the Terra Classic community to revive both USTC and its companion token, Terra Classic (LUNC), has paved the way for an impressive comeback. Read Also: XRP Primed for a Stellar Comeback: Analyst EGRAG CRYPTO Sets Ambi...
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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...
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TerraClassicUSD (USTC) Skyrockets 160% in 24 Hours: Terra Classic (LUNC) Revival Gains Momentum
27Nov By CryptolifedigitalNo Comments
Terra Classic (LUNC)

TerraClassicUSD (USTC) Skyrockets 160% in 24 Hours: Terra Classic (LUNC) Revival Gains Momentum

In a surprising turn of events, TerraClassicUSD (USTC) has experienced an astonishing surge, soaring by over 160% within a mere 24-hour period, reigniting hope for the recovery of Terra Classic (LUNC). This meteoric rise has propelled USTC to new heights, surpassing all expectations with a staggering price of $0.04131, according to CoinMarketCap. The catalyst behind this unprecedented breakout can be attributed to a strategic investment made by Terra Classic Labs (TCL), a pivotal organization dedicated to rejuvenating the Terra Classic ecosystem. Read Also: Terra Classic (LUNC) Poised for Explosive Growth: ChatGPT Predicts Surges Before Month-End and Year-End TCL has significantly acquired 25.6 million USTC, totalling approximately $500,000, with an average purchase price of $...
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Terraport Finance Announces Exciting $1,500 LUNC Giveaway
26Nov By Onche Michael ONo Comments
Terra Classic (LUNC)

Terraport Finance Announces Exciting $1,500 LUNC Giveaway

In a thrilling move to engage and reward its followers, Terraport Finance has announced a generous $1,500 LUNC (Let's Unleash New Opportunities in Cryptocurrency) Giveaway on its official Twitter account. The financial platform is set to make one lucky participant's day by selecting a winner 24 hours after the initial tweet. https://twitter.com/TerraValidators/status/1728717245977706918 Terraport Finance, known for its innovative approaches to financial solutions, is leveraging the power of social media to create excitement and interaction within its community. The mechanics of the giveaway are straightforward—participants are required to retweet the giveaway announcement and ensure they are following Terraport Finance on Twitter to be eligible for consideration. Read Also: Shiba ...
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