LUNC
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Terra Luna Classic ($LUNC ) Proposes 1.2% Burn Tax
The $LUNC community is buzzing about a bold proposal: a 1.2% tax on all transactions to reduce the circulating supply. This initiative could spark a significant price surge if implemented.
🔥 Key Points:
1.2% Tax: Every transaction burns tokens, cutting supply.
Community Vote: LUNC holders decide its fate, ensuring decentralized governance.
Potential Impact: Lower supply might boost demand and price, but challenges like market volatility and technical hurdles remain.
Will this move pave the way for a price rally or face obstacles? The future of $LUNC depends on its community. What’s your take?
#LUNC #CryptoBurn #Blockchain
The $LUNC community is buzzing about a bold proposal: a 1.2% tax on all transactions to reduce the circulating supply. This initiative could spark a significant price surge if implemented.
🔥 Key Points:
1.2% Tax: Every transaction burns tokens, cutting supply.
Community Vote: LUNC holders decide its fate, ensuring decentralized governance.
Potential Impact: Lower supply might boost demand and price, but challenges like market volatility and technical hurdles remain.
Will this move pave the way for a price rally or face obstacles? The future of $LUNC depends on its community. What’s your take?
#LUNC #CryptoBurn #Blockchain
Valdir R-a7480dd5c67ce8a1fd35:
a LUNC já está fraca sem o imposto se ela começar a cobrar imposto em suas transações vai acabar fora do mercado de uma vezes pois quem está comprando suas moedas acredita nela
🔥🔥𝐂𝐨𝐮𝐥𝐝 𝐭𝐡𝐞 𝟏.𝟐% 𝐁𝐮𝐫𝐧 𝐓𝐚𝐱 𝐏𝐫𝐨𝐩𝐨𝐬𝐚𝐥 𝐏𝐫𝐨𝐩𝐞𝐥 𝐓𝐞𝐫𝐫𝐚 𝐋𝐮𝐧𝐚🚨🔥🔥
The Terra Luna Classic ($LUNC ) ecosystem is abuzz with discussions about a transformative new initiative—a 1.2% burn tax on all LUNC transactions. This groundbreaking proposal aims to drastically reduce the token's circulating supply, potentially triggering a significant price surge. With the community holding the power to vote, this proposal represents a pivotal moment for LUNC's future.
💥Key Highlights of the Burn Tax Proposal:
1.2% Transaction Tax: Each LUNC transaction would incur a 1.2% tax, permanently removing tokens from circulation.
Circulating Supply Reduction: The consistent burning of tokens could decrease supply, creating a foundation for increased demand and value.
Decentralized Decision-Making: The decision to implement this tax lies entirely in the hands of LUNC holders, promoting inclusivity and community-driven governance.
🤑🎉Potential Impacts and Challenges:
The proposal promises several potential benefits. A reduced supply could lead to heightened demand and upward price momentum, while a community-driven initiative may enhance investor confidence and adoption. However, there are risks to consider. Market dynamics could experience heightened volatility, regulatory challenges might arise, and unforeseen technical complexities could hinder implementation.
💸👀What Lies Ahead for LUNC?
This burn tax proposal has sparked significant debate within the Terra Luna Classic community. It poses a crucial question: will this ambitious move set the stage for a dramatic price rally, or will its risks present unforeseen obstacles? Only time—and the collective voice of the LUNC community—will determine the outcome.
What’s your perspective on this development? Share your insights and join the conversation as the future of Terra Luna Classic unfolds!
#TerraLunaClassic #LUNC #CryptoInnovation #PriceAction #BurnTax #Blockchain
💥Key Highlights of the Burn Tax Proposal:
1.2% Transaction Tax: Each LUNC transaction would incur a 1.2% tax, permanently removing tokens from circulation.
Circulating Supply Reduction: The consistent burning of tokens could decrease supply, creating a foundation for increased demand and value.
Decentralized Decision-Making: The decision to implement this tax lies entirely in the hands of LUNC holders, promoting inclusivity and community-driven governance.
🤑🎉Potential Impacts and Challenges:
The proposal promises several potential benefits. A reduced supply could lead to heightened demand and upward price momentum, while a community-driven initiative may enhance investor confidence and adoption. However, there are risks to consider. Market dynamics could experience heightened volatility, regulatory challenges might arise, and unforeseen technical complexities could hinder implementation.
💸👀What Lies Ahead for LUNC?
This burn tax proposal has sparked significant debate within the Terra Luna Classic community. It poses a crucial question: will this ambitious move set the stage for a dramatic price rally, or will its risks present unforeseen obstacles? Only time—and the collective voice of the LUNC community—will determine the outcome.
What’s your perspective on this development? Share your insights and join the conversation as the future of Terra Luna Classic unfolds!
#TerraLunaClassic #LUNC #CryptoInnovation #PriceAction #BurnTax #Blockchain
Yogendra:
Instead of $LUNC community should focus to burn $USTC , first USTC should peg with $, after that LUNC can repeg with USTC.
Why $LUNC C Isn’t a Whale Magnet: A Reality Check
Have you ever wondered why major investors—the so-called "whales"—are steering clear of $LUNC while eagerly diving into even meme coins? It’s worth reflecting on this because these players have substantial resources, insider access, and connections with exchange executives. They analyze markets with precision, ye remains conspicuously absent from their portfolios.
The truth is unsettling: has become a vehicle for extracting profits from smaller retail investors—people who lack the insider information and resources that whales leverage. The money flowing into from hopeful traders is often redirected into assets like Bitcoin—assets the big players truly believe in.
Why don’t they trust ? Consider this: Without a transparent record of its largest holders, can you really know who controls the game? On a genuine blockchain, key holdings aren’t cloaked in mystery. This opacity should raise serious concerns—it’s a red flag that too many ignore.
The whales succeed by playing a calculated game. They invest in assets with strong fundamentals, insider traction, and clear potential. Following their strategies is often more rewarding than clinging to speculative assets like . Hope, without knowledge or access, isn’t a strategy—it’s a gamble.
Protect yourself. Focus on assets whales are accumulating. Don’t let false hope drain your capital. It’s time to think smart, act wisely, and align with strategies that actually yield results.
$LUNC
#LUNC #MicroStrategyInNasdaq100 #BinanceAlphaAlert #BTCNextMove #CorePCESignalsShift
Have you ever wondered why major investors—the so-called "whales"—are steering clear of $LUNC while eagerly diving into even meme coins? It’s worth reflecting on this because these players have substantial resources, insider access, and connections with exchange executives. They analyze markets with precision, ye remains conspicuously absent from their portfolios.
The truth is unsettling: has become a vehicle for extracting profits from smaller retail investors—people who lack the insider information and resources that whales leverage. The money flowing into from hopeful traders is often redirected into assets like Bitcoin—assets the big players truly believe in.
Why don’t they trust ? Consider this: Without a transparent record of its largest holders, can you really know who controls the game? On a genuine blockchain, key holdings aren’t cloaked in mystery. This opacity should raise serious concerns—it’s a red flag that too many ignore.
The whales succeed by playing a calculated game. They invest in assets with strong fundamentals, insider traction, and clear potential. Following their strategies is often more rewarding than clinging to speculative assets like . Hope, without knowledge or access, isn’t a strategy—it’s a gamble.
Protect yourself. Focus on assets whales are accumulating. Don’t let false hope drain your capital. It’s time to think smart, act wisely, and align with strategies that actually yield results.
$LUNC
#LUNC #MicroStrategyInNasdaq100 #BinanceAlphaAlert #BTCNextMove #CorePCESignalsShift
Leandra Mazzillo FuBf:
true
See original
The amount of #LUNC in the Terra Classic Oracle Pool has fallen below 90 billion.
The funds in this pool are used to cover staking income. The stability of the funds in this pool is very important. The Terra Classic community should take measures to reduce this downward curve.
As the amount of LUNC decreases, staking APR rates also decrease.
The staking yield rate on the Terra Classic chain has fallen to 7.86%. You can stake your LUNCs on the TerraHaberTR & GoldenRush validator...
#TerraClassic #USTC $USTC $LUNC
The funds in this pool are used to cover staking income. The stability of the funds in this pool is very important. The Terra Classic community should take measures to reduce this downward curve.
As the amount of LUNC decreases, staking APR rates also decrease.
The staking yield rate on the Terra Classic chain has fallen to 7.86%. You can stake your LUNCs on the TerraHaberTR & GoldenRush validator...
#TerraClassic #USTC $USTC $LUNC
Cripto1229:
In my opinion, it is the punishment vote that follows from the 1.5% vote
See original
#LUNC✅ IS THE COMMUNITY SELLING DREAMS?
#LUNC Is it selling us dreams or is it really trying to do something
I read the explanations made, different words come out of every language and these words are not liked by real lunc investors at all
1) Are they really using our money against us?
2) Why don't they burn the tokens, which are really numerous, in large quantities
3) If they are really honest, why can't they reach the whales
4) Why don't they make investors who say they have been with lunc since the collapse laugh
5) What is LUNC waiting for when even meme coins find many investors and earn billions of dollars
Regards
#LUNC Is it selling us dreams or is it really trying to do something
I read the explanations made, different words come out of every language and these words are not liked by real lunc investors at all
1) Are they really using our money against us?
2) Why don't they burn the tokens, which are really numerous, in large quantities
3) If they are really honest, why can't they reach the whales
4) Why don't they make investors who say they have been with lunc since the collapse laugh
5) What is LUNC waiting for when even meme coins find many investors and earn billions of dollars
Regards
See original
2025 will be very important for Terra Classic. We will get answers to many of our questions in the first months of 2025.
TFL will go. Developments regarding Do Kwon will become clear. LUNC and USTC will be burned and the court processes will be completely concluded.
#LUNC and #USTC will be free from lawsuits. We will see new support after this point.
There has not been a major investment support in the Terra Classic chain yet. The reason for this is not that the chain is worthless. Although it is currently controlled by the community, you should know that TFL is effective in the background...
For this reason, 2025 will be important for the Terra Classic community; we are at a sharp turn. If they take this turn well, the future of the Terra Classic chain will be very clear...
#TerraClassic #TerraClassicRising $LUNC
TFL will go. Developments regarding Do Kwon will become clear. LUNC and USTC will be burned and the court processes will be completely concluded.
#LUNC and #USTC will be free from lawsuits. We will see new support after this point.
There has not been a major investment support in the Terra Classic chain yet. The reason for this is not that the chain is worthless. Although it is currently controlled by the community, you should know that TFL is effective in the background...
For this reason, 2025 will be important for the Terra Classic community; we are at a sharp turn. If they take this turn well, the future of the Terra Classic chain will be very clear...
#TerraClassic #TerraClassicRising $LUNC
Feed-Creator-e78d5f9f7:
We will see what they will do after January 3rd, they are still playing the 3 monkeys. Players are Terra, TFL, Biance.
See original
In the Terra Classic chain, "VETO" votes are leading in the vote where it is proposed to increase the tax burns from 0.5% to 1.5% on #LUNC and #USTC .
🔔 The proposal has now been rejected. The "YES" votes are also significantly high in the vote.
➖We asked our followers about the vote we will give as TerraHaberTR & GoldenRush. We conducted 3 surveys. In all 3 surveys, over 80% said "YES". We voted YES.
🔔 We think that the 1.5% burn tax is far from serious. However, it is obvious that 0.5% is insufficient. Investors expect this rate to increase.
It may be considered to increase this rate to 0.6% or 0.7%. A gradual increase or decrease can be made by looking at the benefits and harms. The Terra Classic community should discuss this.
#TerraClassic $LUNC
🔔 The proposal has now been rejected. The "YES" votes are also significantly high in the vote.
➖We asked our followers about the vote we will give as TerraHaberTR & GoldenRush. We conducted 3 surveys. In all 3 surveys, over 80% said "YES". We voted YES.
🔔 We think that the 1.5% burn tax is far from serious. However, it is obvious that 0.5% is insufficient. Investors expect this rate to increase.
It may be considered to increase this rate to 0.6% or 0.7%. A gradual increase or decrease can be made by looking at the benefits and harms. The Terra Classic community should discuss this.
#TerraClassic $LUNC
Feed-Creator-0365388c5:
If the transaction tax is high, would you be willing to trade? Don't treat people as fools. You should know that this is just a garbage coin. People don't have to trade.
The Montenegrin Constitutional Court denied Do Kwon's extradition appeal
Montenegro's Constitutional Court dismissed Do Kwon's appeal, co-founder of Terraform Labs and a key role in TerraUSD (UST) and Luna's failure.
Kwon's attempts to fight the proceedings were dashed by the court's December 24 judgment, which supported the Minister of Justice's extradition power.
Kwon appealed and challenged a Supreme Court verdict that blocked his transport to South Korea, delegating extradition decision to Justice Minister Bojan Božović.
The Constitutional Court rejected these petitions, allowing the Justice Minister to decide Kwon's destiny.
Local sources say Montenegro may extradite him to the US rather than South Korea, with experts citing national interests.
Kwon, suspected of triggering $34 billion in Terra-Luna crash damages, fled South Korea in 2022 and is under investigation.
After going via Singapore, the UAE, and Serbia, he was caught in Montenegro for forging a passport.
Despite the verdict, Kwon's lawyers will likely fight to prevent his extradition to the U.S., where he faces many counts.
Montenegro has been requested to speed up the procedure by South Korean officials, who fear human rights breaches.
Kwon's extradition timeframe is unknown, but the court's ruling has limited his legal choices.
They will also be permanently barred from trading “crypto asset securities,” including Terra tokens.
After the SEC proposed a $5.3 billion penalty, Terraform Labs argued for a $1 million maximum punishment.
On June 6, Kwon and Terraform Labs' lawyers accepted the SEC's amended settlement offer of $4.5 billion.
Kwon, who is in Montenegro awaiting extradition, did not attend the settlement trial.
Terraform Labs, under Chapter 11 bankruptcy, must meet the settlement's large financial commitments.
Terraform Labs' CEO, Chris Amani, said that the firm had $150 million in assets.
However, how the corporation will pay the settlement's large penalty is unknown.
#LUNC #LUNA #MarketRebound #BTCNextMove #TerraForm $LUNC $LUNA $USTC
Montenegro's Constitutional Court dismissed Do Kwon's appeal, co-founder of Terraform Labs and a key role in TerraUSD (UST) and Luna's failure.
Kwon's attempts to fight the proceedings were dashed by the court's December 24 judgment, which supported the Minister of Justice's extradition power.
Kwon appealed and challenged a Supreme Court verdict that blocked his transport to South Korea, delegating extradition decision to Justice Minister Bojan Božović.
The Constitutional Court rejected these petitions, allowing the Justice Minister to decide Kwon's destiny.
Local sources say Montenegro may extradite him to the US rather than South Korea, with experts citing national interests.
Kwon, suspected of triggering $34 billion in Terra-Luna crash damages, fled South Korea in 2022 and is under investigation.
After going via Singapore, the UAE, and Serbia, he was caught in Montenegro for forging a passport.
Despite the verdict, Kwon's lawyers will likely fight to prevent his extradition to the U.S., where he faces many counts.
Montenegro has been requested to speed up the procedure by South Korean officials, who fear human rights breaches.
Kwon's extradition timeframe is unknown, but the court's ruling has limited his legal choices.
They will also be permanently barred from trading “crypto asset securities,” including Terra tokens.
After the SEC proposed a $5.3 billion penalty, Terraform Labs argued for a $1 million maximum punishment.
On June 6, Kwon and Terraform Labs' lawyers accepted the SEC's amended settlement offer of $4.5 billion.
Kwon, who is in Montenegro awaiting extradition, did not attend the settlement trial.
Terraform Labs, under Chapter 11 bankruptcy, must meet the settlement's large financial commitments.
Terraform Labs' CEO, Chris Amani, said that the firm had $150 million in assets.
However, how the corporation will pay the settlement's large penalty is unknown.
#LUNC #LUNA #MarketRebound #BTCNextMove #TerraForm $LUNC $LUNA $USTC
Cryptokoko-42787:
main culprit behind crash do kwon and their team members and also back support Montenegro gvt . thus do kwon. extradition once they approved and again cancel . this drama continues
🚀 Terra Luna Classic (LUNC) v3.3.0 Upgrade Backed by Binance: A Catalyst for Price Action?
📈
The Terra Luna Classic (LUNC) ecosystem is buzzing with excitement as the highly anticipated v3.3.0 upgrade, backed by Binance, brings a wave of innovation to the platform. This milestone aims to supercharge the LUNC blockchain, promising a revitalized ecosystem with cutting-edge features to drive growth and adoption.
🌟 What’s New in v3.3.0?
The LUNC v3.3.0 update introduces transformative advancements, including:
Enhanced Tax Systems: Streamlined processes for token transactions.
Boosted Network Efficiency: Faster transactions and smoother platform usability.
Empowering dApps: Enabling decentralized innovation with tools for seamless app creation.
This upgrade is key to accelerating initiatives like USTC re-pegging, LUNC token burns, and making the Terra Luna Classic ecosystem more user-friendly. Could these changes spark a new price rally for LUNC? Let’s dive in!
🔥 Mini Dapps: Revolutionizing Collaboration on KAIA 🌐
As part of the KAIA ecosystem, Mini Dapps are redefining the way creators and developers collaborate. By offering decentralized solutions and cutting-edge tools, Mini Dapps foster innovation and unlock countless opportunities for mutual growth.
💎 Key Innovations of Mini Dapps
1️⃣ Empowering NFT Marketplaces
Developers can design NFT platforms where creators mint, showcase, and sell digital assets like art, music, or stickers directly to their audience. This synergy fuels creator monetization, expands developer portfolios, and offers users access to premium content.
2️⃣ New Revenue Streams for Creators
From decentralized tipping systems to subscription models, Mini Dapps empower creators with flexible monetization tools. Developers can stand out by building unique and innovative payment solutions for the decentralized world.
3️⃣ Open-Source Collaboration Hubs
Imagine a Mini Dapp serving as a collaboration hub where creators share ideas, and developers turn them into reality. Together, they can brainstorm, prototype, and launch groundbreaking projects, creating win-win scenarios for all stakeholders.
4️⃣ Peer-to-Peer Learning Platforms
Mini Dapps with learning-focused designs enable creators to gain coding skills while developers refine their expertise by teaching others. This fosters creativity, mutual growth, and the development of a truly decentralized ecosystem.
🌊 Join the Kaia Movement
KAIA’s mission is to bridge Web2 and Web3, empowering creators, developers, and users to co-create a thriving ecosystem. With Binance and other strategic partners backing this vision, platforms like KAIA are primed to transform blockchain innovation.
📈 What’s Next for LUNC and KAIA?
As LUNC’s v3.3.0 upgrade rolls out and KAIA pioneers collaboration through Mini Dapps, the potential for ecosystem growth is limitless. Both platforms are paving the way for decentralized creativity and innovation, backed by Binance’s support and market reach.
Price Updates:
KAIA: $0.2316 (+4.98%)
LUNC: Watch closely as new updates could spark significant price action.
#KaiaChain #LUNC #BinanceNextWave
#KAIAOnTheRise #MarketNewHype @Kaia Chain
$LUNC
$KAIA
The Terra Luna Classic (LUNC) ecosystem is buzzing with excitement as the highly anticipated v3.3.0 upgrade, backed by Binance, brings a wave of innovation to the platform. This milestone aims to supercharge the LUNC blockchain, promising a revitalized ecosystem with cutting-edge features to drive growth and adoption.
🌟 What’s New in v3.3.0?
The LUNC v3.3.0 update introduces transformative advancements, including:
Enhanced Tax Systems: Streamlined processes for token transactions.
Boosted Network Efficiency: Faster transactions and smoother platform usability.
Empowering dApps: Enabling decentralized innovation with tools for seamless app creation.
This upgrade is key to accelerating initiatives like USTC re-pegging, LUNC token burns, and making the Terra Luna Classic ecosystem more user-friendly. Could these changes spark a new price rally for LUNC? Let’s dive in!
🔥 Mini Dapps: Revolutionizing Collaboration on KAIA 🌐
As part of the KAIA ecosystem, Mini Dapps are redefining the way creators and developers collaborate. By offering decentralized solutions and cutting-edge tools, Mini Dapps foster innovation and unlock countless opportunities for mutual growth.
💎 Key Innovations of Mini Dapps
1️⃣ Empowering NFT Marketplaces
Developers can design NFT platforms where creators mint, showcase, and sell digital assets like art, music, or stickers directly to their audience. This synergy fuels creator monetization, expands developer portfolios, and offers users access to premium content.
2️⃣ New Revenue Streams for Creators
From decentralized tipping systems to subscription models, Mini Dapps empower creators with flexible monetization tools. Developers can stand out by building unique and innovative payment solutions for the decentralized world.
3️⃣ Open-Source Collaboration Hubs
Imagine a Mini Dapp serving as a collaboration hub where creators share ideas, and developers turn them into reality. Together, they can brainstorm, prototype, and launch groundbreaking projects, creating win-win scenarios for all stakeholders.
4️⃣ Peer-to-Peer Learning Platforms
Mini Dapps with learning-focused designs enable creators to gain coding skills while developers refine their expertise by teaching others. This fosters creativity, mutual growth, and the development of a truly decentralized ecosystem.
🌊 Join the Kaia Movement
KAIA’s mission is to bridge Web2 and Web3, empowering creators, developers, and users to co-create a thriving ecosystem. With Binance and other strategic partners backing this vision, platforms like KAIA are primed to transform blockchain innovation.
📈 What’s Next for LUNC and KAIA?
As LUNC’s v3.3.0 upgrade rolls out and KAIA pioneers collaboration through Mini Dapps, the potential for ecosystem growth is limitless. Both platforms are paving the way for decentralized creativity and innovation, backed by Binance’s support and market reach.
Price Updates:
KAIA: $0.2316 (+4.98%)
LUNC: Watch closely as new updates could spark significant price action.
#KaiaChain #LUNC #BinanceNextWave
#KAIAOnTheRise #MarketNewHype @Kaia Chain
$LUNC
$KAIA
ADAM8623:
A madness
See original
🚀 LUNC: The Opportunity for Growth and Recovery in 2024! 💰🔥
LUNC (Terra Classic) continues to be one of the hottest topics in the crypto world following the collapse of TerraUSD (UST) and the restructuring of the Terra Network. Despite facing significant challenges, LUNC still presents a potential opportunity for recovery and growth. 💡 In this article, we’ll explore what to expect from LUNC in 2024 and beyond, and what you can do to take advantage of this recovering cryptocurrency.
What is LUNC and How Did It Come About? 🤔
LUNC was the original token of Terra Network, which experienced a significant collapse after the TerraUSD (UST) crash. Following the event, the community and developers decided to launch a new blockchain (Terra 2.0), but LUNC still exists, known as Terra Classic. LUNC’s tokenomics have been reset, but the cryptocurrency still has a large number of holders and investors.
What is LUNC and How Did It Come About? 🤔
LUNC was the original token of Terra Network, which experienced a significant collapse after the TerraUSD (UST) crash. Following the event, the community and developers decided to launch a new blockchain (Terra 2.0), but LUNC still exists, known as Terra Classic. LUNC’s tokenomics have been reset, but the cryptocurrency still has a large number of holders and investors.
Sueann Sallie X21Q:
acredito nessa cripto
See original
#lunc
$LUNC
Peace be upon you and God's mercy and blessings
Good morning and evening of light, joy and scattered jasmine
I am one of the beginner investors in Binance and I have taken risks several times and won and lost but I am still determined and optimistic now my full focus is on $lunc
The reason after God's grace first and last I decided to take risks I find that many are heading to other currencies while here the currency was 125 and now .0001 What if Trump decides to release the president of lunc What if Trump is one of the investors in lunc Its blow will be very strong Life needs an adventure For me I will take risks in $lunc with all I have and I will wait and I will return with the help of God Almighty victorious.
My best wishes to everyone
$LUNC
Peace be upon you and God's mercy and blessings
Good morning and evening of light, joy and scattered jasmine
I am one of the beginner investors in Binance and I have taken risks several times and won and lost but I am still determined and optimistic now my full focus is on $lunc
The reason after God's grace first and last I decided to take risks I find that many are heading to other currencies while here the currency was 125 and now .0001 What if Trump decides to release the president of lunc What if Trump is one of the investors in lunc Its blow will be very strong Life needs an adventure For me I will take risks in $lunc with all I have and I will wait and I will return with the help of God Almighty victorious.
My best wishes to everyone
My Assets Distribution
USDT
BNB
Others
99.89%
0.10%
0.01%
Feed-Creator-14a6fe924:
وعليكم السلام
أنا من زمان اجمع فيها و متفائل أن شاء الله فيها بخير
الصبر جميل و ثروة الأجيال تستحق الصبر و موعد الخروج من العملة
$LUNC /USDT: Bullish Recovery in Progress
Current Price: $0.00011410 (+6.47%)
24H High: $0.00011811 | 24H Low: $0.00010519
Key Targets to Watch:
1. $0.00011567 - Immediate resistance; a breakout could signal more upside.
2. $0.00011850 - Critical level to test for bullish continuation.
3. $0.00012000 - Major psychological target for sustained upward momentum.
Trading Strategy:
Monitor for a breakout above $0.00011567 to confirm bullish momentum.
Support at $0.00011300 must hold to maintain the recovery trend.
Consider partial profit-taking near $0.00011850, with stop-loss adjustments for secured gains.
$LUNC is showing signs of a strong recovery with increased buyer interest. Keep a close eye on these targets for potential trading opportunities.
#LUNC #Write2Earn!
Current Price: $0.00011410 (+6.47%)
24H High: $0.00011811 | 24H Low: $0.00010519
Key Targets to Watch:
1. $0.00011567 - Immediate resistance; a breakout could signal more upside.
2. $0.00011850 - Critical level to test for bullish continuation.
3. $0.00012000 - Major psychological target for sustained upward momentum.
Trading Strategy:
Monitor for a breakout above $0.00011567 to confirm bullish momentum.
Support at $0.00011300 must hold to maintain the recovery trend.
Consider partial profit-taking near $0.00011850, with stop-loss adjustments for secured gains.
$LUNC is showing signs of a strong recovery with increased buyer interest. Keep a close eye on these targets for potential trading opportunities.
#LUNC #Write2Earn!
The Dramatic Crash of LUNA Classic (LUNC): A Cautionary Tale
In May 2022, the collapse of LUNA Classic (LUNC) (formerly Terra LUNA) from over $119 to $0.00001 became one of the most devastating events in cryptocurrency history. Here’s what unfolded:
1. UST Stablecoin Depegging
UST, an algorithmic stablecoin, was designed to maintain a $1 peg through a mint-and-burn mechanism with LUNA.
Large-scale withdrawals and suspected market manipulation led to UST losing its $1 peg.
In an attempt to stabilize UST, the protocol minted excessive LUNA tokens, leading to a dramatic increase in supply.
2. Hyperinflation of LUNA
To rescue UST, the system printed trillions of LUNA tokens, causing severe dilution.
LUNA’s price plummeted from $119 to near-zero in days.
3. Panic Selling
The crash triggered widespread panic among investors.
Fear and uncertainty around the blockchain’s stability led to a market-wide selloff.
4. Loss of Confidence
The collapse destroyed trust in both UST and LUNA.
Investors began questioning the reliability of algorithmic stablecoins, leading to a liquidity crisis.
5. Market Exploitation
Some believe the crash was partially due to coordinated attacks by large players who shorted LUNA and depegged UST for profit.
---
Aftermath
The Terra blockchain was rebranded, and LUNA Classic (LUNC) became the legacy token.
A new blockchain launched LUNA 2.0, but the ecosystem has struggled to regain trust.
Lessons Learned
The $LUNA
crash serves as a stark reminder of:
The inherent risks of algorithmic stablecoins.
The consequences of poorly designed economic models in the crypto industry.
Let’s learn from history to build a more resilient future for crypto.
#LUNC $BTC $ETH
In May 2022, the collapse of LUNA Classic (LUNC) (formerly Terra LUNA) from over $119 to $0.00001 became one of the most devastating events in cryptocurrency history. Here’s what unfolded:
1. UST Stablecoin Depegging
UST, an algorithmic stablecoin, was designed to maintain a $1 peg through a mint-and-burn mechanism with LUNA.
Large-scale withdrawals and suspected market manipulation led to UST losing its $1 peg.
In an attempt to stabilize UST, the protocol minted excessive LUNA tokens, leading to a dramatic increase in supply.
2. Hyperinflation of LUNA
To rescue UST, the system printed trillions of LUNA tokens, causing severe dilution.
LUNA’s price plummeted from $119 to near-zero in days.
3. Panic Selling
The crash triggered widespread panic among investors.
Fear and uncertainty around the blockchain’s stability led to a market-wide selloff.
4. Loss of Confidence
The collapse destroyed trust in both UST and LUNA.
Investors began questioning the reliability of algorithmic stablecoins, leading to a liquidity crisis.
5. Market Exploitation
Some believe the crash was partially due to coordinated attacks by large players who shorted LUNA and depegged UST for profit.
---
Aftermath
The Terra blockchain was rebranded, and LUNA Classic (LUNC) became the legacy token.
A new blockchain launched LUNA 2.0, but the ecosystem has struggled to regain trust.
Lessons Learned
The $LUNA
crash serves as a stark reminder of:
The inherent risks of algorithmic stablecoins.
The consequences of poorly designed economic models in the crypto industry.
Let’s learn from history to build a more resilient future for crypto.
#LUNC $BTC $ETH
Thắng_Lỳ:
ok
See original
#ChristmasMarketAnalysis
The correction led to a large-scale sell-off and lower market leverage. At the same time, Christmas is approaching this week and global markets can welcome a "Christmas bull run". The Christmas bull run refers to the last five business days of the year and the first two business days of the new year. History shows that the US stock market is trending positively and the cryptocurrency exchange will also be in the green Christmas slowly but soon meme and cryptoBTTC and Cryptoamigas decentralized run.
$BTTC $BONK $SHIB #pepe⚡ #BTTC #lunc #turbo
The correction led to a large-scale sell-off and lower market leverage. At the same time, Christmas is approaching this week and global markets can welcome a "Christmas bull run". The Christmas bull run refers to the last five business days of the year and the first two business days of the new year. History shows that the US stock market is trending positively and the cryptocurrency exchange will also be in the green Christmas slowly but soon meme and cryptoBTTC and Cryptoamigas decentralized run.
$BTTC $BONK $SHIB #pepe⚡ #BTTC #lunc #turbo
See original
There has been a significant number of USTC burns in the last 24 hours on the Terra Classic chain.
A total of 97,876 units of #USTC were burned.
🔔 The repeg issue is very hot in USTC. USTC needs to be fixed at $ 1. However, there are different suggestions beforehand.
There are suggestions to fix USTC at $ 0.01 or $ 0.02. In this way, the idea of gradually advancing USTC to $ 1 is being discussed.
⚠️ In such a case; USTC Futures will also be closed. It is very clear that there is a reason for USTC futures to be active.
If such a suggestion is put to a vote on the Terra Classic chain; As TerraHaberTR & GoldenRush, we will vote "YES".
Vegas made a similar suggestion...
#TerraClassic #LUNC #MarketRebound $LUNC $USTC
A total of 97,876 units of #USTC were burned.
🔔 The repeg issue is very hot in USTC. USTC needs to be fixed at $ 1. However, there are different suggestions beforehand.
There are suggestions to fix USTC at $ 0.01 or $ 0.02. In this way, the idea of gradually advancing USTC to $ 1 is being discussed.
⚠️ In such a case; USTC Futures will also be closed. It is very clear that there is a reason for USTC futures to be active.
If such a suggestion is put to a vote on the Terra Classic chain; As TerraHaberTR & GoldenRush, we will vote "YES".
Vegas made a similar suggestion...
#TerraClassic #LUNC #MarketRebound $LUNC $USTC
emir_alp_12:
The issue of demand is that we should make USTC more attractive, more useful and more profitable than USDT. There would be a transaction fee, it would be more profitable in futures accounts, there would be a change in collateral etc.