Keep up with what's happening in the crypto world in real-time.
All Filters (1)
The price of Terra Classic ($USTC) has surged after its community approved the Terra Classic 11324 proposal to “Re-Peg USTC With LUNC,” which describes a way for the community to help $USTC's price reattain its peg.
Terra Luna Classic price pumped hard on Thursday and Friday this week following news that USTC was going to be repegged. The community has been seeking validation following the collapse of UST last May.
Although 2022 was a tough year for Terra Luna Classic (LUNC), the token has been surging as of late. At press time, LUNC was trading at $0.00019904, showing a surge of over 30% since last month.
The notion that the Terra Classic [LUNC] community was over the painful collapse of LUNA may be wrong. Of course, the community had repeatedly said that they were focused on rebuilding.
Do investors now have the green light to go back into algorithmic stablecoin plays?
Wu Blockchain reports that "the signal proposal to re-peg with UST proposed by the LUNC community has passed. Signal proposals do not represent immediate technical consequences.
Bitcoin (CRYPTO: BTC) traded lower, but remained above the key $23,000 level on Friday. Ethereum (CRYPTO: ETH) also recorded losses, but remained above the $1,600 mark this morning.
LUNC community has passed a Signal proposal to repeg with Terra Classic USD (USTC) through an operational framework. Since the project announced the plans to bind the two assets together again, LUNC has gained 18%, while USTC has yielded 67.
The old Terra ecosystem tokens are on the rise today with Luna Classic surging 20% in the last 24-hour trading period.
The terra luna classic price has surged by an impressive 18% in the past 24 hours, reaching $0.00020387 following gains yesterday for the cryptocurrency market as a whole. Its current price means that it has now risen by 30% in the past 30 days, driven mostly by a decline in market bearishness and a corresponding increase in bullishness.
Key Points: On February 3rd, the Terra Classic 11324 community proposal “Re-Peg USTC With LUNC” was approved. This proposal describes a framework for the LUNC community to rebind USTC from the code, consensus, and guideline levels.
Terra Classic (LUNC), the original chain of the collapsed Terra (LUNA) ecosystem, has experienced solid growth alongside the broader crypto market since the start of 2023.
After a period of challenging downwards price action, there are signs of life in Terra Classic (LUNC). Our analysts have identified clues that a major breakout rally could be inbound.
The Terra Luna Classic price has surged by almost 20 percent, despite trading in a horizontal trend for the past few months.
Over the last two months, the LUNC coin price showed multiple valid attempts to surpass the overhead supply zone of $0.000184-$0.000195. Thus, with the increasing uncertainty in the crypto market due upcoming FOMC meeting, the sellers reclaimed the upper hand and breached the support trendline of the rising wedge pattern.
Terra Classic project Cremation Coin burned 16,455,507 LUNC tokens on Tuesday. With the latest burn, the newly launched project has burned over 28.6 million LUNC tokens in less than a month.
The Terra Classic (LUNC) price reversed its downward trend barely into the new year and attracted some moderate buying close to the level of $0.0001530. Over the past few weeks, the price of LUNC has significantly increased as a result of a slew of fundamental factors & a breakout above the three-month declining channel.
The Terra Luna Classic price has dropped by 3% in the past 24 hours, dipping to $0.00016896 as the wider cryptocurrency market suffers a 0.5% fall. Its current level marks a 7% decline in a week, yet LUNC remains up by 18% in the last 30 days, helped in part by the market's mini-recovery and by ongoing efforts to reduce the altcoin's supply.
LUNC, a token worth roughly over $1 billion on the Terra Classic protocol, is edging closer to a 17.54% move that could propel it to $0.00021. Meanwhile, the 50th largest cryptocurrency's value increased by 6.5% in 24 hours and is trading at $0.0001775 at the time of writing.
One of the biggest disasters the industry could ever face. The crypto industry was left flattered when the fall of Terra almost wiped out $60 billion from the market valuation. Multiple factors were involved in this crash, and market manipulators and mass liquidators played a major role in this move.
The Terra Luna Classic (LUNC) coin has witnessed a steady rise in its value this year. It is trading at $0.0001755 today.
The Terra Luna Classic price has dropped by 1.5% in the past 24 hours, sinking to $0.00017113 as the market as a whole dips by around 0.5%. Its fall comes as its 24-hour trading volume reads at just over $60 million, with the altcoin also down by 1.5% in a week but up by 1.5% in the last 14 days.
The Terra Classic community has burned over 20 million LUNC tokens in a week amid the push to increase the burn rate. Validators and projects running on the Terra Classic network commit to burn millions of LUNC tokens after crypto exchange Binance temporarily suspended its LUNC burn mechanism until March.
The Terra Luna Classic price has dropped by 4.5% in the past 24 hours, falling to $0.00017108 as the wider cryptocurrency market declines by 3% within the same timeframe. Despite this slip, it remains up by just over 16% in the last 30 days, helped along by ongoing token burns and an overall market recovery.
