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Some community alerts were given on August 28, related to Terra Classic (LUNC), as investors saw 5 billion LUNC being unstacked. Raising concerns that such a massive amount of tokens could have negative effects on the price.
Meme cryptocurrencies have always been lucrative investments for market participants for their dynamic move and massive returns. Though their volatility may shake out some investors, with the right setup they can offer huge ROI.
The Terra Luna Classic community revotes on a crucial proposal to fund the USTC Quant team after an initial proposal failed to receive the minimum votes for the proposal to pass the benchmark. The USTC repeg team has resubmitted the proposal as they believe the voting lacked proper turnout after the Terra Station wallet encountered
The TRON founder has built a crypto empire that would cause collateral damage if it collapsed.
Terra Luna Classic drowns in boiling waters as conflicts tear the outspoken community apart.
The Terra ecosystem tokens have seen a significant drop in value over the past two weeks. Terra (LUNA) and Terra Classic (LUNC) prices plummeted by more than 20% amid issues with Terra Money domains and the Station wallet.
Upbit, a Singapore-based cryptocurrency exchange, plans to launch a LUNA2 airdrop targeting LUNC holders, marking a significant milestone in the rebranding process. The airdrop will be distributed staggered over 24 months, with LUNC holders receiving an extra 30% of the initial airdrop.
Terra Luna Classic (LUNC) has embarked on a six-month journey marked by a consistent downtrend, largely influenced by the gravitational pull of a so-called descending channel pattern. This pattern, characterized by successive lower highs and lows, mirrors an active market sentiment favoring sales during attempts at bullish rebounds.
The world of cryptocurrency experienced a minor shakeup as Terra Luna Classic (LUNC) saw a slight 1% decline in its price over the last 24 hours, settling at a value of $0.00006553. This dip in value comes on the heels of an unfortunate incident, where the terra.money website fell victim to a hacking attempt aimed at phishing.
Terra Classic's community is in the middle of a heated debate surrounding the LUNC cap.
The Terra Classic coin started witnessing aggressive selling in mid-August leading to a sharp drop from $0.0000658 to $0.00005234. The downfall recorded a 34% drop retesting the support trendline of the falling channel pattern.
Terra Luna Classic validator Nova on Wednesday announced a plan to provide funding to the Quant USTC repeg team directly as a proposal failed amid Station issues. The Terra Luna Classic community has rejected the community pool spend proposal to fund the USTC Quant team for the second month.
A judge has granted the U.S. Securities and Exchange Commission (SEC) permission to work with international authorities to question one of the co-founders of Terraform Labs. Court records indicate that District Judge Jed S.
Luna LUNC News: Terra Luna Classic developer L1 Terra Classic Task Force (L1TF) announces progress with the v2.2.0 core upgrade of the chain. The upgrade will be tested on the rebels-2 testnet for a week before the mainnet is expected to go live in September starting.
Terra LUNA Classic (LUNC) price has finally confirmed its breakdown from the prolonged accumulation range. The price for already troubled cryptocurrency fell by 23% after breaking below its $0.00008 support.
Taking a close look at the daily time frame chart, it's evident that the LUNC price traveled a steady downtrend within a falling channel pattern for the past five months. This pattern is marked by parallel trendlines encompassing the price action, serving as key support and resistance areas.
The Terra Luna Classic community has given the green light to a significant proposal – the direct burn of a whopping 800 million USTC. As the digital dust settles, a surge in LUNC's value stands out, even as broader crypto markets grapple with recent challenges.
The Terra Luna Classic community has passed a proposal to directly send 800 million USTC related to the Ozone protocol to the burn address. The community favors to burn these USTC tokens rather than returning them to the community pool.
The United States Securities and Exchange Commission (SEC) is intensifying its investigation of Terraform Labs by partnering with the South Korean government for a deeper probe into the company's operations.
Bulls looked to end Luna Classic's sustained downtrend with a price rebound from a key price level.
In a world captivated by the allure of digital assets, the cryptocurrency market remains no stranger to its characteristic rapid shifts and volatility. The past 24 hours have been a testament to this fact, as two of the most popular tokens, LUNC and USTC, have undergone significant price fluctuations, leaving investors and enthusiasts on the edge of their seats.
The Terra Luna Classic community has turned down the community pool spend proposal to fund the USTC Quant team for the second month. The proposal has failed to receive minimum votes and received “No with veto” votes from the community members instead.
The US SEC has approved collaboration with South Korea to investigate Terraform Labs and co-founders Daniel Shin and Do Kwon. The investigation focuses on Chai Corporation's use of the Terra blockchain and its relationship statements with Terraform.
The ongoing crypto mayhem didn't miss the struggling Terra Classic chain, already marked with inner conflict.
