$LUNC Listing Alert — December 14 Could Change Everything 🚨 Big update, family — Justin & Aster Dex will officially list $LUNC on December 14, and this announcement is already boosting community confidence. With LUNC trading near 0.000076, the market has been moving slowly, but with steady accumulation, a major listing like this often acts as a strong liquidity catalyst. New exposure on exchanges means: • More buyers entering the market • Increase in trading volume • Greater visibility in new regions • Potential for a push towards explosive movement These listings often generate short-term excitement, but the real value comes from the new liquidity — something LUNC has needed for weeks. If the volume spikes after the listing, even a small push can create rapid positive volatility. Still, LUNC remains a high-risk, high-reward asset, so stay alert, protect your entries, and avoid chasing green candles. Early movements often yield the best opportunities when a listing is approaching. This could be a significant turning point for $LUNC keep your charts open and don’t miss the movement. 🚀
you have the same vision I have, when this coin reaches $0.50 many will remember the opportunity that will never return. #Lunc
Tutmes_Ronzani
--
I will explain my line of reasoning, okay? (IF IT MAKES sense, I ask that you share) HONESTY, okay.
Today the largest holder of $LUNC is CZ, right? Binance always supports this coin, right? From this line of thinking.
CZ can indeed take 70% or 60% of the entire supply and send it to a burn wallet, or even take 80% and throw it into the fire. No one here knows the extent of the guy's ambition! And what if he wants to surpass Elon Musk?
I am talking about big players. The guy had a PRESIDENTIAL pardon. This is something of a GIANT magnitude. Among other things..... LUNC can indeed reach $1.00; however, I assert that it will not reach $50 dollars. Do you understand the magnitude? It may be that it does not turn the corner, but I leave an opening... why does Binance continue to provide support for a messed-up crypto? @Binance Burmese @Binance Filipino @Binance Global Türkçe @Binance CIS @Binance Indonesian @Binance Labs #BinanceBlockchainWeek
I will explain my line of reasoning, okay? (IF IT MAKES sense, I ask that you share) HONESTY, okay.
Today the largest holder of $LUNC is CZ, right? Binance always supports this coin, right? From this line of thinking.
CZ can indeed take 70% or 60% of the entire supply and send it to a burn wallet, or even take 80% and throw it into the fire. No one here knows the extent of the guy's ambition! And what if he wants to surpass Elon Musk?
I am talking about big players. The guy had a PRESIDENTIAL pardon. This is something of a GIANT magnitude. Among other things..... LUNC can indeed reach $1.00; however, I assert that it will not reach $50 dollars. Do you understand the magnitude? It may be that it does not turn the corner, but I leave an opening... why does Binance continue to provide support for a messed-up crypto? @Binance Burmese @Binance Filipino @Binance Global Türkçe @Binance CIS @Binance Indonesian @Binance Labs #BinanceBlockchainWeek
The winter #lunc is a strategy to make small players drop out of the game, opening space for whales. Do not sell and be patient #Binance #LUNCUSD $LUNC
Binance has burned the circulating supply of #LUNC every month since 2022, and is the ONLY CEX that has done this. Smash the like button if you are ready for some burns! 💎🤲🏻 #Crypto #luncburn
Terra Luna Classic Major Upgrade Proposal Passed, LUNC To Extend 42% Rally {spot}(LUNCUSDT)
🚀 Major Upgrade for Terra Luna Classic (LUNC) 🚀
The Terra Luna Classic community has just approved the v3.1.3 upgrade proposal with overwhelming support (99.99% "Yes" votes)! Here's a quick rundown of what this means:
🔹 **Oracle Split Logic:** Community pool rewards from burn tax will now go to the Oracle Pool (OP), boosting long-term rewards and staking.
🔹 **Technical Enhancements:** Fixing parameter keys, adjusting oracle split logic, and using wasmvm v1.5.2 to prevent memory leaks.
🔹 **Implementation:** The chain will halt at block height 19108180 on July 29 at 13:00 UTC for the upgrade.
🔹 **Burn Tax Adjustment:** The 0.5% burn tax will now allocate 10% to the Community Pool and 10% to the Oracle Pool, optimizing fund distribution.
LUNC and USTC have seen significant recoveries recently. LUNC is currently at $0.00008969, while USTC is at $0.02013. Increased trading volumes indicate strong trader interest!
This upgrade is set to enhance the ecosystem, improve staking, and potentially boost LUNC prices further. Stay tuned for more updates!
Temos que ser resilientes e apoiar o projeto #Lunc e quando houver uma queda não sair correndo, aguentar as oscilações do mercado que espanta as sardinhas. #Binance we're together. GoGo #LUNCcommunity
#Binance the largest holder and also the one that will bring about the resurgence of #Lunc
TheNewsCrypto
--
Binance Burns 1.7 Billion LUNC Tokens in Latest Burn Event
The exchange has burnt over 62 billion LUNC so far in total, after the 23rd batch.
Binance burnt 1.7 billion Terra Luna Classic (LUNC) tokens in the recent burn event.
In Monday’s most recent burn event, crypto exchange, Binance, burnt 1.7 billion Terra Luna Classic (LUNC) tokens. The exchange has burnt over 62 billion LUNC so far, after the 23rd batch of the LUNC burn mechanism.
According to the burn transaction that took place on July 1, Binance burnt 1.7 billion Terra Luna Classic (LUNC) tokens. The tax for the burn transaction was 8.5 million LUNC. The burn narrative is anticipated to be bolstered by the rollout of Tax2Gas this month.
Strong Support to Revive LUNC
In addition, the Terra Luna Classic community has burnt more than 125 billion LUNC tokens in total. Since its monthly LUNC burn mechanism began in 2022, Binance has maintained its support for the community’s efforts to revive Terra Luna Classic.
The 23rd LUNC burn mechanism batch Between May 31 and June 29, Binance burnt an immense amount of money in trading fees. Trading fees on the LUNC spot and margin trading pairs have caused Binance to burn over 61.99 billion Terra Luna Classic (LUNC) tokens.
The total burnt by the Terra Luna Classic community has risen beyond 125 billion LUNC due to Binance’s most recent burn. More than half of all LUNC burnt after the community gained control of the chain has been traded on Binance. Fewer transactions are the explanation for the low burn amount compared to the community.
Binance burnt 1.35 billion Terra Luna Classic (LUNC) tokens in the 22nd LUNC burn mechanism. For LUNC spot and margin trades, the exchange gave over $170,104 in trading fees for the 22nd batch.
Highlighted Crypto News Today:
Tether Enables USDT Payments for Philippines Social Security System
Hello community #Lunc let's all stock up on our coins and wait for the biggest rise in history. Don't forget that the largest holder is #Binance and it believes in the project, generating large massive fires.
If #Binance itself believes in #Lunc , I also believe it and will patiently wait for its biggest increase. #LUNCcommunity towards the moon.
Crypto Breaking
--
Can Terra Classic Rise From The Ashes? Analyst Foresees 1,500% Price Increase
Terra Classic (LUNC), the phoenix attempting to rise from the ashes of the infamous TerraUSD crash, is once again capturing investor attention. Coincodex analysts predict a modest 10.7% price increase by July 25th, while renowned crypto analyst Javon Marks throws a much bolder 1,500% surge into the ring. So, is LUNC poised for a bullish breakout, or is this just another mirage in the volatile crypto desert?
Related Reading
A Token Reborn: LUNC Capitalizes On Market Volatility
LUNC, once the backbone of the collapsed TerraUSD (USTC) stablecoin ecosystem, has defied expectations. While USTC lost its peg to the US dollar and spiraled into oblivion, LUNC has exhibited surprising resilience.
The past 24 hours saw an 82% price jump, showcasing continued investor interest in the controversial token. This resilience coincides with a broader market trend where investors, wary of traditional assets, are seeking refuge in digital currencies perceived as having strong recovery potential.
Analyst Divided: Measured Optimism Vs. Moon Shot
Coincodex paints a picture of cautious optimism. Their prediction of a 10.7% rise suggests LUNC may experience a slow and steady climb. This aligns with the “Fear & Greed Index” which currently sits at a moderate “Fear” level, indicating a cautious market.
We remain here $LUNC (Terra Classic)’s first target at $0.00058046, implying a more than +594% upside from here to reach it in response to a long-standing breakout.
Trend-Wise, based on the previous breakout and climb, this level can be exceeded with heights of $0.00139122 being… https://t.co/rAbwsHIkqY pic.twitter.com/XOYdulvUc8
— JAVONMARKS (@JavonTM1) June 24, 2024
However, analyst Javon Marks throws a wrench into the mix with a far more audacious prediction. Marks posits a potential 1,500% price surge, targeting a price of $0.00139122. This bullish outlook hinges on the idea that LUNC is nearing a breakout phase, fueled by a combination of its recent price gains and historical data.
A Balancing Act Of Hype And Reality
While Marks’ prediction is certainly enticing, historical trends in the cryptocurrency market are littered with failed “moon shot” predictions. The extreme volatility inherent in the crypto space makes long-term price forecasting notoriously unreliable.
Additionally, technical indicators currently lean bearish, suggesting potential short-term price dips. Investors should also consider the ongoing legal battles surrounding the Terra ecosystem, which could cast a shadow on LUNC’s future.
LUNC is now trading at $0.000081. Chart: TradingView
Terra Classic Rejects Validator Expansion Proposal
Meanwhile, the Terra Luna Classic community has rejected Proposal 12116, which sought to increase the blockchain’s validator set from 100 to 130. This proposal emerged in the wake of a $4.5 billion settlement between Terraform Labs, founder Do Kwon, and the US Securities and Exchange Commission. The aim was to enhance the network’s decentralization by incorporating validators from Terra Luna v2, potentially signaling a move towards unification within the Terra ecosystem.
Related Reading
However, the proposal did not gain sufficient support in the community’s governance voting. Concerns about integrating Luna v2 validators, the potential impacts on network security and performance, and the desire to maintain a distinct identity for Terra Luna Classic were significant factors in the decision.
Featured image from Pexels, chart from TradingView
Source: NewsBTC.com
The post Can Terra Classic Rise From The Ashes? Analyst Foresees 1,500% Price Increase appeared first on Crypto Breaking News.
LUNC deal with SEC could push price to $1.00 #lunc Tokens from the old Terra network, now known as Terra Classic (LUNC), have recently shown a significant increase in the cryptocurrency market. The LUNC price is currently at $0.0001207, reflecting an increase of 8.45% from the previous day.
Another silver lining is that Terra Classic was close to completing a bankruptcy settlement with the U.S. Securities and Exchange Commission (SEC) two years ago.
If this deal comes to fruition, the network will drop the fraud charges brought by the SEC. Therefore, this deal could help push LUNC price back to levels that could reach $1.00.
This week, the SEC, Terraform Labs and Do Kwon signed an agreement to pay the interim fine. The settlement came after a jury found Kwon and his company guilty of defrauding investors and causing $40 billion in damages.
The agreement with the SEC has attracted significant interest in the Terra Classic ecosystem token. According to Coinglass data, open futures positions for LUNC and 1000LUNC have increased by 15% in the past 24 hours.
This increase includes a 20% growth in the number of open positions on Binance, indicating significant buying activity by derivatives traders. As futures contracts grow, the price trend of the asset also increases.
LUNC's market value is $699.65 million and has increased 8% in the past 24 hours. Its 24-hour trading volume increased 273.87%, reaching $128.13 million. As with futures, a surge in volume could help LUNC achieve even higher value.
Last week, LUNC price increased 8% due to growing market optimism and renewed investor interest. Additionally, last month, the token saw a steady 15% increase, trading between $0.0001 and $0.00012, reflecting positive market sentiment.
As bullish sentiment gains momentum, LUNC could surpass the $0.00013 mark, confirming an uptrend. This positive market change could push the cryptocurrency price to break the resistance at $0.0002, targeting $0.0005 in the next bull cycle.
$LUNC Terra Classic developer unveils its big offer: LUNC for $1? The Terra Classic (LUNC) network is approaching a major milestone. The development group Genuine Labs came forward with an offer to become the official core developer of the network. This proposal addresses gaps in important areas such as code review, public relations consolidation, and post-disbandment follow-up JL1TF.$LUNC
Reinforcing the article below, “ $LUNC Agreement with the SEC Could Drive Cryptocurrency Price to $1.00” it is also important to highlight that @Binance has been since October 2022 monthly Burning LUNC trading fees:
“Binance will be making changes to the burning of LUNC trading fees, to continue to contribute to the supply decrease of LUNC and be in line with what the community originally looked forward to. From December 2022, Binance will be burning 50% of the LUNC spot and margin trading fees…”
ON June 1st #Binance burn 1.3 Billion #LUNC from May trading fees
Terra Luna Classic Core Developer Submits Major Proposal, LUNC to $1?
Terra Luna Classic developer Genuine Labs proposes to become core developer of the chain. LUNC price set for major rally after breakout and golden cross.
HIGHLIGHTS
Terra Luna Classic developer Genuine Labs proposes to become managing team of LUNC repository.
The developer group seeks $10,000 per month in LUNC for maintenance and other related tasks.
LUNC price breakout above rectangular pattern followed by golden cross can set a massive rally to $1.
Terra Luna Classic developer Genuine Labs proposes to become the official core developer of the Terra Classic chain. The developer group believes the chain needs a team for code reviewing, PR merging, and maintenance and it has become critical after the JL1TF was disbanded.