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Garuda Universe
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Garuda Universe Vision in Terra Classic" Build a permissionless dApps to fostering trust, innovation, and user empowerment in Terra Classic Blockchain " Terra classic (LUNC) has become community driven blockchain since departure of TerraForm Labs (TFL), which means LUNC is decentralized, enabling validator as represent of community members to propose and vote on upgrades or changes on the governance blockchain. However, LUNC ecosystem needs more and innovative decentralized applications (dApps) to attract users, rebuild trust, and regain its competitive position in the blockchain industry. Garuda Universe Vision Garuda Universe as one of validator on LUNC believes that the dApps must embody the principles of decentralization and inclusivity in Terra Classic, allowing any user to engage with the dApps transparently and autonomously. This is why Garuda focused on Layer-2 developments in Terra Classic by build the permissionless dApps : BigbangX and Garuda DeFi, where anyone can access, use, and interact with the application without requiring approval or special permissions. BigbangX NFT permissionless marketplace, with the potential to stand out by addressing the needs of creators and collectors while contributing to the growth of Terra Classic’s ecosystem without requiring centralized approval. Garuda DeFi Permissionless DeFi platform, offering users the ability to create staking tokens and NFTs. The combination of DeFi functionalities and NFTs adds a unique layer of utility and user empowerment within the Terra Classic ecosystem. Ultimately, Terra Classic operates in a permissionless environment that aligns with the fundamental principles of blockchain technology—decentralization, transparency, and security—making it an attractive platform for building permissionless dApps. [Terra Classic](https://www.binance.com/en/trade/LUNC_USDT?type=spot&contentId=17558956915609) #LUNC #LUNACLASSIC #TerraClassicRevival

Garuda Universe Vision in Terra Classic

" Build a permissionless dApps to fostering trust, innovation, and user empowerment in Terra Classic Blockchain "
Terra classic (LUNC) has become community driven blockchain since departure of TerraForm Labs (TFL), which means LUNC is decentralized, enabling validator as represent of community members to propose and vote on upgrades or changes on the governance blockchain.
However, LUNC ecosystem needs more and innovative decentralized applications (dApps) to attract users, rebuild trust, and regain its competitive position in the blockchain industry.
Garuda Universe Vision
Garuda Universe as one of validator on LUNC believes that the dApps must embody the principles of decentralization and inclusivity in Terra Classic, allowing any user to engage with the dApps transparently and autonomously.
This is why Garuda focused on Layer-2 developments in Terra Classic by build the permissionless dApps : BigbangX and Garuda DeFi, where anyone can access, use, and interact with the application without requiring approval or special permissions.

BigbangX
NFT permissionless marketplace, with the potential to stand out by addressing the needs of creators and collectors while contributing to the growth of Terra Classic’s ecosystem without requiring centralized approval.
Garuda DeFi
Permissionless DeFi platform, offering users the ability to create staking tokens and NFTs. The combination of DeFi functionalities and NFTs adds a unique layer of utility and user empowerment within the Terra Classic ecosystem.

Ultimately, Terra Classic operates in a permissionless environment that aligns with the fundamental principles of blockchain technology—decentralization, transparency, and security—making it an attractive platform for building permissionless dApps.
Terra Classic
#LUNC #LUNACLASSIC #TerraClassicRevival
iGe:
Good Project👍
The BASE Token introduces an innovative financial model combining $LUNC token burns, staking rewards, and Token Bonding Curves (TBCs). It integrates PoW mining, NFTs, and DeFi to optimize community benefits while maintaining liquidity and incentivizing active participation. Designed to support decentralized ecosystems, $BASE offers sustainability, profitability, and growth potential for all stakeholders. Discover how BASE is shaping the future of collaborative finance. Explore the whitepaper here: BASE Token Whitepaper. Join the conversation on Binance and elevate your crypto journey! LbunProject.tech #LUNACLASSIC
The BASE Token introduces an innovative financial model combining $LUNC token burns, staking rewards, and Token Bonding Curves (TBCs). It integrates PoW mining, NFTs, and DeFi to optimize community benefits while maintaining liquidity and incentivizing active participation. Designed to support decentralized ecosystems, $BASE offers sustainability, profitability, and growth potential for all stakeholders.

Discover how BASE is shaping the future of collaborative finance. Explore the whitepaper here: BASE Token Whitepaper.

Join the conversation on Binance and elevate your crypto journey!
LbunProject.tech
#LUNACLASSIC
Will the dream of Terra Luna Classic becoming 1 dollar come true? Terra Luna Classic recently made waves in the crypto community with its successful completion of a significant system upgrade, Version 2.4.2. This upgrade, featuring the implementation of IBC-Hooks, has bolstered the network's capacity for seamless integration of new decentralized applications (dApps), including the much-anticipated Enterprise DAO. The smooth execution of this hard fork has sparked optimism among Terra Luna Classic enthusiasts. It's not just about the upgrade itself but also about the broader implications. The upgrade sets the stage for further enhancements to security measures through The Terra Classic Security Package, slated for completion in eight weeks. One of the most tangible signs of progress is the surge in the total number of LUNC holders, which has hit a new all-time high of 5.52 million. This surge reflects sustained interest from long-term investors in the digital asset. To further demonstrate their commitment to the project, the community has initiated token burns, torching an impressive 105 billion LUNC tokens. Despite these efforts, there are still 5.8 trillion Terra Classic tokens in circulation. In terms of price performance, Terra Luna Classic currently ranks at #124 among cryptocurrencies. However, a recent 35% surge over the past month has injected optimism into the community, although LUNC still has some ground to cover to reach its previous all-time high of $119. Do Kwon's release from jail in Montenegro and ongoing legal proceedings by the Securities and Exchange Commission have added uncertainty to the market sentiment surrounding Terra Luna. Despite challenges, Terra Luna Classic's community is resilient, aiming to revitalize the platform and regain its former status as a top-ranked blockchain. Recent achievements and hurdles highlight its path towards potential growth, with the $1 goal achievable through community backing and tech advancements. #LunaTerraClassic #TerraLunaClassic #LUNAUpdate #LUNACLASSIC #DoKwon
Will the dream of Terra Luna Classic becoming 1 dollar come true?

Terra Luna Classic recently made waves in the crypto community with its successful completion of a significant system upgrade, Version 2.4.2. This upgrade, featuring the implementation of IBC-Hooks, has bolstered the network's capacity for seamless integration of new decentralized applications (dApps), including the much-anticipated Enterprise DAO.

The smooth execution of this hard fork has sparked optimism among Terra Luna Classic enthusiasts. It's not just about the upgrade itself but also about the broader implications. The upgrade sets the stage for further enhancements to security measures through The Terra Classic Security Package, slated for completion in eight weeks.

One of the most tangible signs of progress is the surge in the total number of LUNC holders, which has hit a new all-time high of 5.52 million. This surge reflects sustained interest from long-term investors in the digital asset.

To further demonstrate their commitment to the project, the community has initiated token burns, torching an impressive 105 billion LUNC tokens. Despite these efforts, there are still 5.8 trillion Terra Classic tokens in circulation.

In terms of price performance, Terra Luna Classic currently ranks at #124 among cryptocurrencies. However, a recent 35% surge over the past month has injected optimism into the community, although LUNC still has some ground to cover to reach its previous all-time high of $119.

Do Kwon's release from jail in Montenegro and ongoing legal proceedings by the Securities and Exchange Commission have added uncertainty to the market sentiment surrounding Terra Luna.

Despite challenges, Terra Luna Classic's community is resilient, aiming to revitalize the platform and regain its former status as a top-ranked blockchain. Recent achievements and hurdles highlight its path towards potential growth, with the $1 goal achievable through community backing and tech advancements.

#LunaTerraClassic #TerraLunaClassic #LUNAUpdate #LUNACLASSIC #DoKwon
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Bullish
🚀🔥 Terra Classic price prediction as LUNC rallies 30% in a month🚀🔥 And today surge price 44.5% price of 0.00009109 from last month🥹 Terra Classic (LUNC) has taken centre stage in what seems like a bullish week for the cryptocurrency market, and many wonder whether it could hit $0.01 anytime soon. Speculation about a rally is driven by the recent surge in token prices and the notable development activities on the Terra blockchain. Many believe that these events could set the token on the path of achieving its previous peak price of $120. Recent Price Movements of LUNC and USTC Over the last 48 hours, LUNC has experienced a 1% price increase, and over the past week, it surged impressively by 15%. Currently, LUNC is trading at $0.000063. In the same 24-hour period, its lowest point was $0.0000612, while it reached a high of $0.0000671. On the other hand, USTC, LUNC’s stablecoin partner on the Terra blockchain, is currently trading at $0.011, with a recent 3% increase in the last 24 hours and a notable 12% increase over the week. In the same 24-hour period, the lowest USTC reached was $0.0115, and its highest point was $0.0137. Community Efforts to Revitalize LUNC & USTC After the 2022 Terra-LUNA crisis, Terra Luna Classic became a community-managed blockchain network. Since then, the community has actively explored ways to reinvigorate and enhance the appeal and prices of the blockchain’s two tokens: LUNA, now rebranded as LUNC, and UST, now rebranded as USTC, the foremost algorithmic stablecoin in the market. One of their strategies is to reduce the supply of these assets through burning periodically. Recently, the community decided to burn a significant number of USTC tokens, approximately 800 million, which accounts for about 9% of the total supply. This decision followed several months of debate, with proponents arguing that burning was necessary to encourage wallet owners to participate in the broader initiative to stabilize the token. #LUNCPricePrediction #ETH #LUNACLASSIC $LUNC $LUNA $USTC
🚀🔥 Terra Classic price prediction as LUNC rallies 30% in a month🚀🔥

And today surge price 44.5% price of 0.00009109 from last month🥹

Terra Classic (LUNC) has taken centre stage in what seems like a bullish week for the cryptocurrency market, and many wonder whether it could hit $0.01 anytime soon.

Speculation about a rally is driven by the recent surge in token prices and the notable development activities on the Terra blockchain. Many believe that these events could set the token on the path of achieving its previous peak price of $120.

Recent Price Movements of LUNC and USTC

Over the last 48 hours, LUNC has experienced a 1% price increase, and over the past week, it surged impressively by 15%. Currently, LUNC is trading at $0.000063. In the same 24-hour period, its lowest point was $0.0000612, while it reached a high of $0.0000671.

On the other hand, USTC, LUNC’s stablecoin partner on the Terra blockchain, is currently trading at $0.011, with a recent 3% increase in the last 24 hours and a notable 12% increase over the week. In the same 24-hour period, the lowest USTC reached was $0.0115, and its highest point was $0.0137.

Community Efforts to Revitalize LUNC & USTC

After the 2022 Terra-LUNA crisis, Terra Luna Classic became a community-managed blockchain network. Since then, the community has actively explored ways to reinvigorate and enhance the appeal and prices of the blockchain’s two tokens: LUNA, now rebranded as LUNC, and UST, now rebranded as USTC, the foremost algorithmic stablecoin in the market. One of their strategies is to reduce the supply of these assets through burning periodically.

Recently, the community decided to burn a significant number of USTC tokens, approximately 800 million, which accounts for about 9% of the total supply. This decision followed several months of debate, with proponents arguing that burning was necessary to encourage wallet owners to participate in the broader initiative to stabilize the token.

#LUNCPricePrediction #ETH #LUNACLASSIC

$LUNC
$LUNA
$USTC
BUYING LONG SIGNAL IM IN! #luna #LUNACLASSIC #luna2 $LUNA Buy my looses! $20 - $5 USD - x12 MARGIN $100 - $20 - MARGING x10 $200 - $40 - MARGING x10
BUYING LONG SIGNAL

IM IN!

#luna #LUNACLASSIC #luna2
$LUNA

Buy my looses!

$20 - $5 USD - x12 MARGIN
$100 - $20 - MARGING x10
$200 - $40 - MARGING x10
LUNC BULLRUN POSSIBLE ⁉️ Price Movement: Luna Classic's recent price move is not due to a token burn. Order Flow: Noted a large buy order yesterday, with open interest dropping despite stable prices. Resistance and Shorts: Key resistance at 8.5 cents (8,500); many short positions opened post-Saturday drop, some still open, suggesting a potential short squeeze. Market Expectations: Bullish momentum expected if it breaks and holds above 8,700, but likely consolidation without significant movement. #LUNC #LUNACLASSIC #Bitcoin #CryptoPCEWatch

LUNC BULLRUN POSSIBLE ⁉️

Price Movement:
Luna Classic's recent price move is not due to a token burn.

Order Flow:
Noted a large buy order yesterday, with open interest dropping despite stable prices.

Resistance and Shorts:
Key resistance at 8.5 cents (8,500); many short positions opened post-Saturday drop, some still open, suggesting a potential short squeeze.

Market Expectations:
Bullish momentum expected if it breaks and holds above 8,700, but likely consolidation without significant movement.

#LUNC #LUNACLASSIC #Bitcoin #CryptoPCEWatch
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Bullish
See original
{spot}(BTTCUSDT) $ETH $BTTC When considering ETH coin pairs to invest in, it is important to focus on pairs like ETH/BTC and ETH/USDT as they offer liquidity and market stability. Ethereum’s growth potential is strong, especially with its transition to Ethereum 2.0, which aims to improve scalability and energy efficiency. ETH/BTC pairs may be attractive to those bullish on Ethereum’s performance relative to Bitcoin, while ETH/USDT pairs provide a way to hedge against volatility as Tether is a stablecoin. Always research market trends, Ethereum’s technological upgrades, and broader cryptocurrency market conditions before investing in ETH pairs to effectively manage risk. $SHIB #BTTC #ETH🔥🔥🔥🔥 #LUNACLASSIC #BONK #SHIB {spot}(SHIBUSDT) {spot}(ETHUSDT)
$ETH $BTTC When considering ETH coin pairs to invest in, it is important to focus on pairs like ETH/BTC and ETH/USDT as they offer liquidity and market stability. Ethereum’s growth potential is strong, especially with its transition to Ethereum 2.0, which aims to improve scalability and energy efficiency. ETH/BTC pairs may be attractive to those bullish on Ethereum’s performance relative to Bitcoin, while ETH/USDT pairs provide a way to hedge against volatility as Tether is a stablecoin. Always research market trends, Ethereum’s technological upgrades, and broader cryptocurrency market conditions before investing in ETH pairs to effectively manage risk. $SHIB #BTTC #ETH🔥🔥🔥🔥 #LUNACLASSIC #BONK #SHIB

--
Bullish
PREDICTIONS OF SOME COINS DURING BTC HALVING. The market has grown, and so have the potentials for massive gains! 📈 1. $BTC - 2 to 3 times🚀 2. $ETH – about 3x🚀 3. $XRP – 3x to 4x🚀 4. $ADA ADA - 6x to 8x🚀 5. $Ava- 6x to 10x🚀 6. $LEFT - 4x to 6x🚀 7. $LINK - 8x to 10x🚀 8. $DOT - 7x to 9x🚀 9. $MATIC - 6x to 8x🚀 10. $UNI - maximum 10x🚀 11. $ICP - 6x to 7x🚀 12. $TAO - 7x to 9x🚀 13. $IMX - 10x to 12x🚀 14. $ATOM – 8x to 10x🚀 15. $LUNC –4x to 6X 🚀 16. $TIA - 6x to 9x🚀 Fasten you seat 💺 belt and wait before the market drives you crazy #BTC #LUNACLASSIC #ETH🔥🔥🔥
PREDICTIONS OF SOME COINS DURING BTC HALVING. The market has grown, and so have the potentials for massive gains! 📈
1. $BTC - 2 to 3 times🚀
2. $ETH – about 3x🚀
3. $XRP – 3x to 4x🚀
4. $ADA ADA - 6x to 8x🚀
5. $Ava- 6x to 10x🚀
6. $LEFT - 4x to 6x🚀
7. $LINK - 8x to 10x🚀
8. $DOT - 7x to 9x🚀
9. $MATIC - 6x to 8x🚀
10. $UNI - maximum 10x🚀
11. $ICP - 6x to 7x🚀
12. $TAO - 7x to 9x🚀
13. $IMX - 10x to 12x🚀
14. $ATOM – 8x to 10x🚀
15. $LUNC –4x to 6X 🚀
16. $TIA - 6x to 9x🚀
Fasten you seat 💺 belt and wait before the market drives you crazy
#BTC #LUNACLASSIC #ETH🔥🔥🔥
✍️I put $0.13 into $LUNC using 50x leverage a month ago. if #LUNACLASSIC reaches its previous all-time high, I stand to gain $7,800. Planning to hold until 2025. What's your boldest crypto prediction?🤔 #LUNCDream #LuncBurn #LuncArmy #xrp $SOL $XRP
✍️I put $0.13 into $LUNC using 50x leverage a month ago.
if #LUNACLASSIC reaches its previous all-time high, I stand to gain $7,800. Planning to hold until 2025.
What's your boldest crypto prediction?🤔

#LUNCDream

#LuncBurn

#LuncArmy

#xrp

$SOL

$XRP
--
Will LUNC Price Regain Value?The Terra tokens continue to display a neutral trend for over two weeks, indicating a disinterest of the investors in it. Further, the LUNC price has recorded a loss of 9%, resulting in it breaking down its crucial support level.The Terra LUNC price traded in a closed range between $0.0001561 and $0.0001683 for about a week, following which the market lost momentum and the price recorded a correction of over 13% in valuation.Following this, the price displayed a neutral trend and traded between $0.0001327 and $0.0001457 for a while. As the market volatility increased, the LUNC token displayed significant fluctuation in the chart.The MACD displays a rising red histogram, indicating an increased selling pressure in the crypto space. Further, the averages show a constant decline, suggesting the price will continue losing value in the coming days.If the bulls push the price above the resistance level of $0.0001177, the LUNC price will regain momentum and test its upper resistance level of $0.0001327. Maintaining the price at that level will set the stage for Terra Classic price to attempt to test its resistance level of $0.0001457 in the coming time.Conversely, if the bears overpowered the bulls, the Terra token would lose momentum and fall to test its support level of $0.0000997. Moreover, if the bears continue to dominate the market, it will plunge and prepare to test its lower support level of $0.00009 over the next week.#lunc #LUNACLASSIC

Will LUNC Price Regain Value?

The Terra tokens continue to display a neutral trend for over two weeks, indicating a disinterest of the investors in it. Further, the LUNC price has recorded a loss of 9%, resulting in it breaking down its crucial support level.The Terra LUNC price traded in a closed range between $0.0001561 and $0.0001683 for about a week, following which the market lost momentum and the price recorded a correction of over 13% in valuation.Following this, the price displayed a neutral trend and traded between $0.0001327 and $0.0001457 for a while. As the market volatility increased, the LUNC token displayed significant fluctuation in the chart.The MACD displays a rising red histogram, indicating an increased selling pressure in the crypto space. Further, the averages show a constant decline, suggesting the price will continue losing value in the coming days.If the bulls push the price above the resistance level of $0.0001177, the LUNC price will regain momentum and test its upper resistance level of $0.0001327. Maintaining the price at that level will set the stage for Terra Classic price to attempt to test its resistance level of $0.0001457 in the coming time.Conversely, if the bears overpowered the bulls, the Terra token would lose momentum and fall to test its support level of $0.0000997. Moreover, if the bears continue to dominate the market, it will plunge and prepare to test its lower support level of $0.00009 over the next week.#lunc #LUNACLASSIC
🌖 Persisting Fear The major reason why $LUNC records slower growth than projected is due to the prevailing sentiment around the asset. Although the Terra #ECOSYSTEM imploded two years ago, the widespread effects of the collapse are still echoed in the market. This has led to a slow inflow of the asset against the projected buzz. The platform’s algorithmic stablecoin lost its peg with the dollar leading to huge losses. Subsequently, the price crash led to investigations and an arrest warrant issued for founder #DoKwon . Luna which rebranded to #LUNACLASSIC has struggled to build traction. #BinanceLaunchpoolHMSTR #BinanceLaunchpoolCATI {spot}(LUNCUSDT)
🌖 Persisting Fear

The major reason why $LUNC records slower growth than projected is due to the prevailing sentiment around the asset. Although the Terra #ECOSYSTEM imploded two years ago, the widespread effects of the collapse are still echoed in the market. This has led to a slow inflow of the asset against the projected buzz.

The platform’s algorithmic stablecoin lost its peg with the dollar leading to huge losses. Subsequently, the price crash led to investigations and an arrest warrant issued for founder #DoKwon . Luna which rebranded to #LUNACLASSIC has struggled to build traction.
#BinanceLaunchpoolHMSTR #BinanceLaunchpoolCATI
🚨If $LUNC is dead, why is the biggest crypto exchange in the world still burning and supporting Luna Classic?! #binance $BNB #LUNACLASSIC
🚨If $LUNC is dead, why is the biggest crypto exchange in the world still burning and supporting Luna Classic?!

#binance $BNB #LUNACLASSIC
🌖 The range-bound price action continues #LUNACLASSIC has traded within the $0.0000637-$0.0000964 range since early July. Its most recent attempt the break the range highs met with failure. According to the Awesome Oscillator, the momentum was bullish but weakening. The #OBV was unable to break the highs from July, which meant the #buying volume was not large enough to boost the chances of a #LUNC✅ breakout. The current market price was still above the mid-range support level. It is unclear if prices can hold this level or will be headed for a deeper price drop. The liquidity charts offered some clues. #TON {spot}(LUNCUSDT)
🌖 The range-bound price action continues

#LUNACLASSIC has traded within the $0.0000637-$0.0000964 range since early July. Its most recent attempt the break the range highs met with failure. According to the Awesome Oscillator, the momentum was bullish but weakening.

The #OBV was unable to break the highs from July, which meant the #buying volume was not large enough to boost the chances of a #LUNC✅ breakout.

The current market price was still above the mid-range support level. It is unclear if prices can hold this level or will be headed for a deeper price drop. The liquidity charts offered some clues.
#TON
LUNAC gained over 100% increase in the past few days and now, the price is facing a serious resistance level, if surpass the current price level the price will continue to push even higher. $LUNA #lunac #LUNACLASSIC
LUNAC gained over 100% increase in the past few days and now, the price is facing a serious resistance level, if surpass the current price level the price will continue to push even higher.

$LUNA #lunac #LUNACLASSIC
#LUNACLASSIC #Share1BNBDaily $LUNA $LUNA {spot}(LUNCUSDT) The Unbelievable Fall of $LUNC: From $119 to $0.00001 in Just ONE Day! 🔥🚨 The dramatic collapse of $LUNC (Luna Classic) is one of the most shocking and infamous events in crypto history. Here's a breakdown of how it happened: The Rise of $LUNC $LUNC, formerly Terra (LUNA), was one of the most successful blockchain projects, with a peak price of $119 in April 2022. It was part of the Terra ecosystem, which included the algorithmic stablecoin UST (TerraUSD). The system relied on a unique mechanism where LUNA tokens were minted or burned to maintain UST’s peg to $1. --- The Collapse: What Went Wrong? 1. UST Lost Its Peg In May 2022, UST started de-pegging from $1, triggered by large withdrawals from the Anchor Protocol, where most UST was staked. Panic ensued, leading to a massive sell-off of UST. 2. Death Spiral To re-peg UST, the protocol minted billions of new LUNA tokens, flooding the market with excess supply. This caused the price of LUNA to plummet as demand couldn’t keep up with the increasing supply. 3. Hyperinflation Within hours, LUNA’s circulating supply skyrocketed from 350 million tokens to over 6 trillion tokens. The token’s price collapsed from $119 to $0.00001, essentially becoming worthless. --- Key Factors Behind the Crash Flawed Algorithm: The reliance on an algorithm to maintain UST’s peg proved unstable under extreme market pressure. Market Panic: The de-pegging created a chain reaction, with investors losing confidence and selling off both UST and LUNA. Centralization Risks: A significant amount of UST was concentrated in a few protocols like Anchor, which exacerbated the situation. --- The $LUNC collapse serves as a harsh lesson about the risks of algorithmic stablecoins and over-leveraged ecosystems. Despite the devastation, it sparked conversations about improving transparency, risk management, and the importance of decentralization in crypto projects. #BNBHitsATH #MicrosoftBTCInvestmentVote #Share1BNBDaily
#LUNACLASSIC #Share1BNBDaily $LUNA $LUNA
The Unbelievable Fall of $LUNC: From $119 to $0.00001 in Just ONE Day! 🔥🚨
The dramatic collapse of $LUNC (Luna Classic) is one of the most shocking and infamous events in crypto history. Here's a breakdown of how it happened:
The Rise of $LUNC
$LUNC, formerly Terra (LUNA), was one of the most successful blockchain projects, with a peak price of $119 in April 2022.
It was part of the Terra ecosystem, which included the algorithmic stablecoin UST (TerraUSD).
The system relied on a unique mechanism where LUNA tokens were minted or burned to maintain UST’s peg to $1.
---
The Collapse: What Went Wrong?
1. UST Lost Its Peg
In May 2022, UST started de-pegging from $1, triggered by large withdrawals from the Anchor Protocol, where most UST was staked.
Panic ensued, leading to a massive sell-off of UST.
2. Death Spiral
To re-peg UST, the protocol minted billions of new LUNA tokens, flooding the market with excess supply.
This caused the price of LUNA to plummet as demand couldn’t keep up with the increasing supply.
3. Hyperinflation
Within hours, LUNA’s circulating supply skyrocketed from 350 million tokens to over 6 trillion tokens.
The token’s price collapsed from $119 to $0.00001, essentially becoming worthless.
---
Key Factors Behind the Crash
Flawed Algorithm: The reliance on an algorithm to maintain UST’s peg proved unstable under extreme market pressure.
Market Panic: The de-pegging created a chain reaction, with investors losing confidence and selling off both UST and LUNA.
Centralization Risks: A significant amount of UST was concentrated in a few protocols like Anchor, which exacerbated the situation.
---

The $LUNC collapse serves as a harsh lesson about the risks of algorithmic stablecoins and over-leveraged ecosystems. Despite the devastation, it sparked conversations about improving transparency, risk management, and the importance of decentralization in crypto projects.
#BNBHitsATH #MicrosoftBTCInvestmentVote #Share1BNBDaily
Market is playing with newbie investers pretending like a bears are active in market. So that, weak left the market and only strong players will enjoy the profit. So i am strongly bullish🐂...🫶 in 👇 1) Shiba Inu $SHIB 2) Pepe $PEPE 3) XRP 4) AGIX 5) LUNC $LUNC i attached pic below see that what happened in previous halving. You can't buy Btc now but can buy all this about coin to enjoy huge profit ✌️#LUNACLASSIC #Shibainuholder #PepeCoinToTheMoon #BNBToken #BTC☀
Market is playing with newbie investers pretending like a bears are active in market. So that, weak left the market and only strong players will enjoy the profit.
So i am strongly bullish🐂...🫶 in 👇
1) Shiba Inu $SHIB
2) Pepe $PEPE
3) XRP
4) AGIX
5) LUNC $LUNC

i attached pic below see that what happened in previous halving.

You can't buy Btc now but can buy all this about coin to enjoy huge profit ✌️#LUNACLASSIC #Shibainuholder #PepeCoinToTheMoon #BNBToken #BTC☀
Criptogolam:
True
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