Keep up with what's happening in the crypto world in real-time.
All Filters (1)
Amid the market uncertainty surrounding the Bitcoin ETF launch, the Terra Classic Coin price traded sideways for a major portion of January 2024. The daily time chart validates this consolation as the formation of a bearish pennant.
Terra Classic's native token, LUNC, trades at $0.00009967, experiencing a marginal 0.67% dip in the past 24 hours. However, the community has initiated a bold strategy to propel LUNC's value to $0.01, backed by a significant token burn.
Lunc News: Popular Terra Luna Classic validator brings a proposal to repeal 11889 pay-per-job proposal as it turns out to be hindering developments on the chain. A stalemate between Terra Luna Classic validators blocked a proposal for the L1TF core security upgrade package as validators including Allnodes claimed it violates the pay-per-proposal.
In a demonstration of unity, the Terra Classic community removed exactly 1,117,048,514 LUNC tokens from circulation, valued at around $111,313.88 based on current market prices. This action, shared by community member @AlexCryptoBull, reduces the total LUNC supply to 6,812,673,485,368 tokens.
Bitcoin recovers despite massive outflows from spot Bitcoin ETF products; BTC confiscated from Silk Road gets sold; Terraform Labs goes bankrupt.
It's like a big team effort to make things better in the crypto world! Will LUNC Price explode?
The Terra Luna Classic token burn campaign has destroyed 95.19 billion tokens since May 13, 2022. That represents a crucial milestone and the community's dedication to reducing LUNC's circulating supply. Meanwhile, Binance, which has supported Terra initiatives, massively contributed to this development, destroying over 50B LUNC coins.
The Terra Luna Classic community's LUNC burn campaign has reached 95 billion LUNC since May 2022. This is another milestone in the community's efforts to reduce the circulating supply of LUNC.
Terra Luna Classic core developer L1TF's proposal for deploying the core security upgrade package faces a setback as validators, including Allnodes, vote “No.” Community members pointed to proposal 11889, advocating for a pay-per-job approach for developments, as the reason for rejecting the current proposal.
Terra Luna Classic core developer L1TF's proposal for core security upgrade package deployment hits a roadblock after validators including Allnodes voted “No”. The community members cited proposal 11889, a pay-per-job approach for developments, as the reason for rejecting the current proposal.
LUNC is presently valued at $0.00009636, indicating a 3.59% uptick in the last 24 hours. Despite the recent 36% dip in the past month, the cryptocurrency is teetering on a vital support level, identified by the green band.
The cryptocurrency market slightly recovered on January 26 after two weeks of poor performance following the Bitcoin spot ETF approval.
The staking ratio, a pivotal measure of investor confidence, is on a steady ascent, approaching 15%. This signals a potential turnaround for LUNC, standing out amid the prevailing bearish sentiment.
Terra Luna Classic (LUNC) has been accepted in a lower range as bulls bowed down to the intense sell-off and rising crypto market uncertainty. The hype for spot Bitcoin ETFs coupled with increased interest from the community in the token propelled LUNC to its highest peak in 2024 at $0.00028.
Terra Luna Classic proposal for enabling the ICA Controller parameter received unanimous support from the Terra Luna Classic community, including validators. The proposal received 99.97% votes in favor, surpassing the pass threshold before the deadline.
Will this upgrade boost the LUNC price performance? Let's take a look at this LUNC price prediction article in more detail.
Amidst legal turmoil and Terraform Labs' collapse, Do Kwon's Serbian venture Codokoj22 remains active. Terraform Labs, the company behind the $60 billion collapse in the crypto market, filed for Chapter 11 bankruptcy in the U.S.
Terra Classic members strive for a better future for the game-tested LUNC with the latest core security upgrade proposal.
In a surprising turn of events, Terraform Labs, once a titan in the crypto industry, has filed for bankruptcy protection in the United States.
Terra Luna Classic developer Joint L1 Task Force's (L1TF) core security upgrade package proposal is now under voting for the Terra Luna Classic community. This is a much-needed move by developers amid multiple headwinds that hindered LUNC revival and USTC repeg hopes despite a major push from crypto exchange Binance last year.
This establishes a bearish flag pattern, and a potential breakdown of this pattern may intensify selling pressure. The question arises: Will the LUNC price crash to $0 in 2024?
Will the LUNC price crash to $0 in 2024? Let's take a look at this Terra Luna Classic price prediction article in more detail.
Collapsed crypto company Terraform Labs has filed for Chapter 11 bankruptcy in the United States. The firm submitted a voluntary petition to the U.S. Bankruptcy Court for the District of Delaware.
Terra Classic (LUNC) experienced a massive sell-off, losing nearly two-thirds of its capitalization from December 2023. With that, LUNC left the top 100 cryptocurrencies ranked by market cap, sitting among the underdogs.
