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Crypto exchange BitMEX, co-founded by billionaire Arthur Hayes, has announced a plan to list Terra Classic (LUNC) perpetual contract. The move came amid a massive three-digit rally in Terra Classic tokens LUNC and USTC.
The Terra Luna Classic community has given the green light to a proposal aiming to reduce the number of validators on the Terra Classic chain. While this decision faced criticism from certain validators and community members over concerns about security, centralization, and potential growth risks, it managed to surpass the approval threshold.
A Terra Luna Classic proposal is approved by the community to cut down a significant number of validators on the Terra Classic chain. The proposal received backlash from some validators and members of the Terra Luna Classic community due to security, centralization, and growth risk, but it has surpassed the pass threshold as some validators
Terra Classic's bulls were controlling the market at press time. Whales' USTC holdings increased, but its Social Volume dropped.
Many coins are posting new highs, and amid the chaos, investors and traders are studying the charts looking for the next big thing.
The crypto world has come to life once again, with the collapsed TerraClassicUSD (USTC) and Luna Classic (LUNC) on the rise.
This week, Terraform Labs' Terra Luna Classic (LUNC) and TerraClassicUSD (USTC) have recorded gains of over 130% and 235%, respectively.
In the past week, cryptocurrencies from the Terra ecosystem, Terra Luna Classic (CRYPTO: LUNC) and USTC, have experienced notable surges. This uptick is driven by optimism surrounding various projects and crypto exchanges, as well as anticipation of a burn activity by Binance, which took place on Friday.
In a stunning turn of events, Terra's USTC tokens have soared by a whopping 300% within a week, igniting a frenzy in the cryptocurrency market. This remarkable surge in value comes as a result of a strategic Bitcoin-centric stability plan proposed by Mint Cash, triggering renewed optimism among investors.
The prices of LUNA and USTC rose significantly over the last week. The Terra blockchain community witnessed updates as well.
Crypto analyst sees bullish signs for beaten-down USTC, but worrying weakness in Luna Classic leaves him straddling the fence.
Terra Luna Classic community gears up for another upgrade as the core developer L1TF decided to change a passed proposal on sequence mismatch issue resolution to an upgrade proposal. The latest proposal is almost passed as it has received 100% votes in favor from validators and LUNC and USTC holders, as per the current voting
USTC experienced an impressive surge this week, propelled by two key catalysts: a newly introduced Binance perpetuals contract listing and the unveiling of a bitcoin-focused makeover along with an enticing airdrop initiative. Notably, TerraClassicUSD's value has nearly quadrupled within this period.
After maintaining a healthy upswing for a couple of days, the markets have begun to consolidate within narrow regions. As the BTC price dropped back below $38,000, the global crypto market capitalization also faced a minor plunge of 0.55%.
The cryptocurrency market witnessed an extraordinary surge in TerraClassicUSD (USTC), which soared by over 160% in a single day. The token's price reached an unprecedented $0.04131, shattering all previous records and reigniting optimism for the comeback of Terra Classic (LUNC).
In a significant move that is set to enhance the trading experience for its users, Binance, the world's largest cryptocurrency exchange, has announced the introduction of new trading pairs. The expansion includes pairs for TerraClassicUSD (USTC), Blur, dYdX, and SuperVerse, responding to the growing demand for these cryptocurrencies.
USTC and LUNC: A Terra Ecosystem Rollercoaster Ride In the dynamic world of cryptocurrencies, the Terra ecosystem tokens USTC and LUNC recently embarked on a rollercoaster ride that left the crypto community both intrigued and bewildered. Skyrocketing 350% and 60% in just two days, these Cosmos-based tokens became the center of attention amid a series of developments, including the emergence of the Bitcoin-based stablecoin project Mint Cash.
USTC and LUNC both registered double-digit growth over the last few days. LUNC's market indicator, however, suggested that the token might witness a price correction.
LUNC, USTC gain tremendous bullish momentum following Binance's addition of new Spot trading pairs.
TerraClassicUSD (USTC), the remnant stablecoin of the failed Terra blockchain, gained 300% in a week as plans of a bitcoin-backed revamp plan and a Binance perpetual contract listing unleashed a speculative frenzy.
The Terra ecosystem cryptocurrencies LUNC and USTC are gaining significant rallies amid various favorable announcements from projects and crypto exchanges. The constant upswing in price over the past few days has amassed significant attention within the broader crypto market.
The LUNC and USTC tokens of the Terra classic network, the original Terra chain — which now exists independently of Terra 2.0, a new chain created in the aftermath of Terra's collapse — have surged remarkably in the last 24 hours.
The world's largest crypto exchange Binance on Monday said it will launch new trading pairs for crypto in high demand. The crypto exchange announces new trading pairs for TerraClassicUSD (USTC), Blur, dYdX, and SuperVerse.
The Terra Classic ecosystem, comprising tokens LUNC and USTC, has witnessed a rollercoaster ride in the cryptocurrency market. Following a significant purchase by Trader QT, an official partner of Luna Classic Labs, both tokens experienced a sharp rise in value, followed by a notable decline within 24 hours.
