Keep up with what's happening in the crypto world in real-time.
All Filters (1)
The Terra Luna Classic community votes on another proposal related to burning 800 million TerraClassicUSD (USTC). The proposal aims to burn funds from the Risk Harbor (formerly Ozone Protocol) multisig wallet through an update to Terrad client.
This analysis will delve into LUNC's recent price movements and shed light on three additional altcoins that might be gearing up for potential surges in the weeks ahead. Terra Classic (LUNC) Holds Steady After Recent Dip As of the latest update, LUNC is stabilizing around the $0.000183 mark, showcasing a recovery over the past 12 hours.
A Montenegro court has extended the custody of Terra founder Do Kwon by two more months, while South Korea and the U.S. remain seeking his extradition.
The impact extends to related tokens, with both Terra Classic USD (UST) and Terra (LUNA) experiencing equal price decreases. Terra Classic Token Faces Fluctuations After a Month of Surging Prices Over the last month since November 11, Terra Classic Token (LUNC) has experienced a remarkable parabolic surge.
Both the Shiba Inu and the LUNC tokens have seen their growth hindered by the fact that their circulating supply is incredibly large. As a way to curb this, both communities have come up with a burn initiative to reduce the supply of the tokens as much as possible.
A Seattle district court ruled out CZ's departure to the UAE, and the Montenegrin justice minister plans to grant the United States request for Do Kwon's extradition.
Terra Luna Classic community burns massive amounts of LUNC tokens to reduce the supply and revive the ecosystem. One of the top validators submitted a proposal to improve the recently implemented dynamic minimum commission (dyncomm) mechanism for validators.
The cryptocurrency market is experiencing a retracement, with several altcoins seeing double-digit declines. Terra Classic's price, after reaching highs of $0.000278, has retraced by 36%, now trading at $0.00018 on Monday.
The crypto market is giving back the gains with some altcoins falling in double-digits. Terra Classic price has from the time it hit highs of $o.000278, retraced by 36% to trade at $0.00018 on Monday.
From December 5 onwards, the values of Terra Classic (LUNC) and TerraClassicUSD (USTC) took a notable nosedive, raising concerns in the industry about the future of these Terra Classic cryptocurrencies. LUNC and USTC Make a Comeback: Recent Performance Analysis After experiencing significant price declines since December 5, both Terra Classic (LUNC) and TerraClassicUSD (USTC) staged a notable comeback entering the new week.
Terra Classic Price Prediction: The broader market recovery hits a minor road as Bitcoin takes a temporary halt at $44500. However, the LUNC price took a major hit at this uncertainty and witnessed a sharp correction from the $0.000028.
Today's weekly recap looks at the U.S. ETF race, as BlackRock and VanEck amend their filings. Also, Montenegro's authorities are considering extraditing Terra's founder, while the crypto scene sees sustained regulatory developments.
Despite the infamous Terra-Luna crash of 2022, Terra Classic (LUNC) is experiencing a renaissance. On the topic of renaissance, the emerging Rebel Satoshi ($RBLZ) meme coin combines the rebellious spirit of Guy Fawkes with a rally for modern decentralization.
Bonk (BONK), Terra Luna Classic (LUNC), and Cardano (ADA) are the top altcoins to watch next week as they show potential for continued gains.
The Terra Luna Classic community has successfully burned an impressive 85 billion LUNC tokens since May 18, 2022, marking a significant milestone in their ongoing efforts to decrease the circulating supply of LUNC. Binance, the world's largest cryptocurrency exchange, has played a substantial role in this achievement by contributing nearly 43.6 billion LUNC, representing over 51% of the total tokens burned to date.
The Terra Luna Classic community has burned 85 billion LUNC since May 18, 2022. This is another milestone in the community's efforts to reduce the circulating supply of LUNC.
This correction aligns with Fibonacci retracement levels, hinting that the broader upward trend could remain intact. The combined support at $0.0002 and the 38.2% FIB level may fortify buyers, paving the way for a robust rebound.
Terra Classic Price Prediction: The recent stall in the Bitcoin price recovery around the $44,500 mark has introduced a phase of uncertainty and correction within the broader cryptocurrency market. Consequently, Terra Classic (LUNC) experienced a significant retracement, dropping to around $0.0002 psychological level.
The legal pursuit for Do Kwon's upcoming extradition becomes clearer as the Montenegrin Head of Justice comes to a decision.
This week saw massive price surges for both new meme coins riding viral hype and established platforms pushing crypto utility, with the top 10 weekly gainers rising anywhere from 33% to as much as 206% over the last 7 days.
In a pivotal move within the Terra Luna Classic ecosystem, the core developer L1TF has successfully executed the v2.3.2 upgrade, aiming to resolve a sequence mismatch issue that had affected some validators. The update, deployed at block 15751600 on December 8 at 12:38 UTC, marks a significant step forward for the Terra Classic chain, initiating a series of enhancements intended to stabilize operations and bolster community confidence.
Similarly, LUNC experienced a significant increase of up to 65% following the announcement of the LUNC/TRY trading pair on Binance . Shedding light on this sudden market movement, research firm Kaiko has unearthed the underlying reasons for the surge in trade volumes and prices of Terra Classic tokens.
The Balkan nation Montenegro is reportedly looking to extradite disgraced Terra (LUNA) founder Do Kwon to the United States.
The Terra blockchain chronicle undergoes a seismic shift with Terraform Labs' founder, Do Kwon, teetering on the brink of trial in the United States.
