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Tag: Terra Calssic Re-Peg

Unravelling the Mystery Behind USTC’s Meteoric Rise: DK’s Masterful Trading Strategy Revealed
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...
TerraClassicUSD (USTC) Skyrockets 160% in 24 Hours: Terra Classic (LUNC) Revival Gains Momentum
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 $...
Terraport Finance Announces Exciting $1,500 LUNC Giveaway
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 ...
Terra Classic Community Calls on Amazon to Embrace LUNC, Terraport Finance Urges Support
Terra Classic (LUNC)

Terra Classic Community Calls on Amazon to Embrace LUNC, Terraport Finance Urges Support

In a recent development, the Terra Classic community has made a bold move by reaching out to retail giant Amazon, urging them to adopt LUNC (Lunar Coin) as a form of payment. Terraport Finance, a prominent player in the Terra ecosystem, took to social media to spearhead this initiative and garner support from the community. Read Also: Argentina's Pro-Bitcoin Shift Sparks Optimism for XRP Adoption in Economic Overhaul https://twitter.com/TerraValidators/status/1726613359083282657 The Call to Action Terraport Finance, through an official tweet, has passionately called on the Terra Classic community to rally behind the movement by typing 'Yes' if they are in favour of this new development. The push for Amazon to accept LUNC highlights the community's desire for broader adoption and in...
Terra Luna Classic (LUNC) Community Approves v2.3.0 Upgrade with Dynamic Validator Commissions
Terra Classic (LUNC)

Terra Luna Classic (LUNC) Community Approves v2.3.0 Upgrade with Dynamic Validator Commissions

In a decisive move, the LUNC community has given resounding approval to the Terra Luna Classic v2.3.0 upgrade proposal through governance voting. This upgrade, which integrates Terrad client v2.3.0, introduces a dynamic validator commission system known as the dyncomm module. The community embraced the proposal with a 93% "Yes" vote, signalling strong support for the changes. The proposal implementation is slated for block 15493370, expected around 11:18:44 UTC on November 20. https://twitter.com/StakeBin/status/1726567976403689710 Dynamic Validator Commissions Enhance Protocol Logic A key highlight of the v2.3.0 upgrade is the introduction of the dyncomm module, which dynamically determines the minimum commission paid to validators based on their voting power. This innovative approac...
Terra Classic Announces Strategic Plan to Safely Re-enable Market Module and Re-Peg USTC
Terra Classic (LUNC)

Terra Classic Announces Strategic Plan to Safely Re-enable Market Module and Re-Peg USTC

In a significant move to revive Terra Classic's market module, the development team has proposed a comprehensive strategy to mitigate risks and maximize rewards. The plan outlines key adjustments to spread fees, burn mechanisms, and virtual liquidity pool parameters, and introduces hard caps on LUNC and USTC max supply. Read Also: TerraCVita Celebrates Positive Step Toward Enhanced On-Chain Development https://twitter.com/frag_dude/status/1726312153643401523 Steps to reset the Market Module The first step involves setting the spread fee at 98%, effectively re-pegging USTC at 2 cents. This approach aims to bring stability to USTC's value, with the flexibility to incrementally re-peg to 3 cents, 4 cents, and beyond by adjusting the spread fee accordingly. To address the risk of un...
Terra (LUNA) Burning Update: 99.9% of LUNC Supply Incinerated in Ambitious Move by Terra LUNA Army
Terra Classic (LUNC)

Terra (LUNA) Burning Update: 99.9% of LUNC Supply Incinerated in Ambitious Move by Terra LUNA Army

In a surprising turn of events, the Terra LUNA community has announced a significant update regarding the burning of LUNA Coins (LUNC). According to a tweet from the official Terra LUNA Army Twitter account, an astounding 99.9% of the LUNC supply has been successfully incinerated in a bold move to enhance the scarcity and value of the native cryptocurrency. Read Also: Terraform Labs' Bold Move: Pulsar Finance Acquisition Sparks Terra (LUNA) Resurgence https://twitter.com/terra_army/status/1725523253429694563 Terra LUNA, a blockchain platform designed for stablecoins, has gained widespread attention for its unique algorithmic stablecoin mechanism. The platform uses a dual-token system, comprising Terra (LUNA) and stablecoins pegged to various fiat currencies. The burning of LUNC, t...
Binance Prepares for Explosive Lunar Crush (LUNC) Burning Event on December 1st, 2023, Following Terraport Finance’s Tweet
Terra Classic (LUNC)

Binance Prepares for Explosive Lunar Crush (LUNC) Burning Event on December 1st, 2023, Following Terraport Finance’s Tweet

In a tweet that has sent shockwaves through the crypto community, Terraport Finance has announced an upcoming massive Lunar Crush (LUNC) burning event on December 1st, 2023, courtesy of the renowned cryptocurrency exchange, Binance. This revelation comes as a follow-up to Binance's series of significant burns, building anticipation for an explosive December spectacle. Read Also: Terra Classic (LUNC) Navigates Rocky Recovery Amidst AI-Predicted Future Challenges https://twitter.com/TerraValidators/status/1725426140100411633 Binance Prepares for another massive LUNC burn Terraport Finance took to Twitter to share the exciting news, stating, "Get ready for the ultimate Lunar Crush (LUNC) burn! Binance is set to ignite the crypto space with another massive burning event on December 1st...
Terra Luna Classic (LUNC) Faces Speculation Amidst Predictions of Reaching $1.00
Terra Classic (LUNC)

Terra Luna Classic (LUNC) Faces Speculation Amidst Predictions of Reaching $1.00

Recent discussions surrounding the Terra Luna Classic have emerged following a tweet by Matthew G Perry, suggesting the potential for the coin to reach $1.00. This speculation has ignited interest within the community, prompting a closer examination of the cryptocurrency's historical price performance and the current market environment. Read Also: Terra Luna Classic (LUNC) Experiences Explosive Growth Following Unanimous Community Vote on USTC Minting Halt https://twitter.com/Perry8k/status/1723838082620039324 Past Price Reaction Explore the historical price action of Terra Luna Classic, highlighting key milestones, significant price movements, and any notable events that may have influenced its value in the past. Discuss factors that contributed to both increases and decreases in ...
Terra Luna Classic (LUNC) Experiences Explosive Growth Following Unanimous Community Vote on USTC Minting Halt
Terra Classic (LUNC)

Terra Luna Classic (LUNC) Experiences Explosive Growth Following Unanimous Community Vote on USTC Minting Halt

In a surprising turn of events, Terra Luna Classic (LUNC) witnessed a remarkable surge of over 45%, catapulting its value from $0.000064 to a significant milestone, nearly eliminating one leading zero. The spike in trading volume, soaring from an average of $30 million to an astonishing $333 million, has left the cryptocurrency community buzzing. The driving force behind this unprecedented growth appears to be a pivotal proposal centred around USTC minting, which garnered unanimous support from the LUNC community. Read Also: Terra Classic (LUNC) Faces Uncertainty Amidst Binance Token Burn and Market Volatility https://twitter.com/ColeStrathclyde/status/1723293889224732942 Proposal Approval and Tobin Tax Increase The LUNC community recently voted unanimously in favour of halting UST...