lunc
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#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 $lunc with all I have and I will wait and I will return with the help of God Almighty victorious.
My best wishes to everyone
My Assets Distribution
USDT
BNB
Others
99.89%
0.10%
0.01%
alb arslan :
Unfortunately, this currency is forbidden.
Terra Luna Classic ($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
Thanin:
no
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
Billionaire-R:
Dead coin 🪙
See original
Massive USTC fires on Terra Classic channel
Over the past 24 hours, a significant volume of USTC coins have been burned on the Terra Classic blockchain, reaching a total of 97,876 coins destroyed.
USTC Repeg Debate Intensifies
🔔 The topic of repeg is at the heart of discussions regarding the USTC. Currently, the goal is to bring the USTC back to a parity of $1, but several suggestions are under discussion. Some proposals aim to temporarily fix the USTC at $0.01 or $0.02, with a gradual increase towards the final target of $1.
USTC Repeg Debate Intensifies
🔔 The topic of repeg is at the heart of discussions regarding the USTC. Currently, the goal is to bring the USTC back to a parity of $1, but several suggestions are under discussion. Some proposals aim to temporarily fix the USTC at $0.01 or $0.02, with a gradual increase towards the final target of $1.
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
Square-Creator-e3ff0df7dc67b60dbfd0:
It will come back at least to $0.5
🔥🔥𝐂𝐨𝐮𝐥𝐝 𝐭𝐡𝐞 𝟏.𝟐% 𝐁𝐮𝐫𝐧 𝐓𝐚𝐱 𝐏𝐫𝐨𝐩𝐨𝐬𝐚𝐥 𝐏𝐫𝐨𝐩𝐞𝐥 𝐓𝐞𝐫𝐫𝐚 𝐋𝐮𝐧𝐚🚨🔥🔥
The Terra Luna Classic ($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.
🔥 $LUNC : The Comeback Coin with a Stronger Purpose! 🚀
While $LUNA faced turbulence, $LUNC is rising like a phoenix, driven by a passionate community and a commitment to long-term growth. Here’s why shines brighter than ever:
---
💎 1. Deflationary Power
Token burns are reducing $LUNC ’s supply, creating scarcity and fueling potential value growth. The burn rate is unstoppable! 🔥
🌍 2. Community-Driven Revival
Unlike
, thrives on a grassroots movement that prioritizes decentralization and transparency—a trusted approach embraced by its loyal and growing community. 💪
🔧 3. Established Ecosystem
Built on a strong foundation, benefits from continuous developer innovation, restoring utility and expanding its thriving ecosystem.
💡 4. Focused on the Future
With a clear vision for decentralization and transparency, represents a movement—not just another token. 🌟
---
🔑 Why Choose $LUNC ?
isn’t just about recovery—it’s about creating a better, stronger ecosystem that stands out in the crypto space.
---
💬 What’s Your Vision?
Do you believe is leading the way in community-driven crypto? Share your predictions and insights below! 👇
📈 Stay Updated: Follow Binance for the latest updates on and join the journey to a brighter, decentralized future!
#LUNC ✅ #TerraClassic #CryptoRevival #Write2Earn #Decentralization #BinanceCommunity #Write2Earn!
While $LUNA faced turbulence, $LUNC is rising like a phoenix, driven by a passionate community and a commitment to long-term growth. Here’s why shines brighter than ever:
---
💎 1. Deflationary Power
Token burns are reducing $LUNC ’s supply, creating scarcity and fueling potential value growth. The burn rate is unstoppable! 🔥
🌍 2. Community-Driven Revival
Unlike
, thrives on a grassroots movement that prioritizes decentralization and transparency—a trusted approach embraced by its loyal and growing community. 💪
🔧 3. Established Ecosystem
Built on a strong foundation, benefits from continuous developer innovation, restoring utility and expanding its thriving ecosystem.
💡 4. Focused on the Future
With a clear vision for decentralization and transparency, represents a movement—not just another token. 🌟
---
🔑 Why Choose $LUNC ?
isn’t just about recovery—it’s about creating a better, stronger ecosystem that stands out in the crypto space.
---
💬 What’s Your Vision?
Do you believe is leading the way in community-driven crypto? Share your predictions and insights below! 👇
📈 Stay Updated: Follow Binance for the latest updates on and join the journey to a brighter, decentralized future!
#LUNC ✅ #TerraClassic #CryptoRevival #Write2Earn #Decentralization #BinanceCommunity #Write2Earn!
🚀 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
🚨 Wild Crypto Predictions for 2024: Fact or Fiction? 🤔
Social media is buzzing with sky-high predictions for cryptocurrencies in 2024. Here’s what’s making the rounds:
💰 $SHIB: $50
🐸 $PEPE: $390
⚡ $XRP : $20,000
🔥 $LUNC: $7,320
🚀 $DOGE: $250,200
Sounds too good to be true, right? Let’s get real.
---
Why These Predictions Are Unrealistic:
1️⃣ 🚩 Lack of Fundamentals:
Such valuations would require unprecedented market caps, far beyond the global crypto market’s size.
2️⃣ ⚠️ Speculative Hype:
These predictions often come from inexperienced voices, creating excitement without backing it up with data.
3️⃣ 🧠 New Investor Trap:
Beginners often fall for hype, investing in inactive coins based on community chatter, not solid research.
---
A Word of Caution
The likelihood of these figures being achieved is extremely slim. It’s crucial to:
📚 Educate yourself on crypto fundamentals.
🧐 Research projects thoroughly before investing.
🤝 Seek advice from credible sources.
---
💡 My Experience:
When I first entered crypto, I also got caught up in the hype, investing in stagnant coins and learning the hard way. That’s why I share this to help new investors avoid the same mistakes.
---
What’s Your Take?
Have you come across similar predictions? Share your thoughts below and let’s keep the discussion grounded and insightful!
#CryptoRealTalk #InvestSmart #BinanceCommunity
#SHIB #Write2Earn #pepe⚡
#XRP
#LUNC $XRP
Social media is buzzing with sky-high predictions for cryptocurrencies in 2024. Here’s what’s making the rounds:
💰 $SHIB: $50
🐸 $PEPE: $390
⚡ $XRP : $20,000
🔥 $LUNC: $7,320
🚀 $DOGE: $250,200
Sounds too good to be true, right? Let’s get real.
---
Why These Predictions Are Unrealistic:
1️⃣ 🚩 Lack of Fundamentals:
Such valuations would require unprecedented market caps, far beyond the global crypto market’s size.
2️⃣ ⚠️ Speculative Hype:
These predictions often come from inexperienced voices, creating excitement without backing it up with data.
3️⃣ 🧠 New Investor Trap:
Beginners often fall for hype, investing in inactive coins based on community chatter, not solid research.
---
A Word of Caution
The likelihood of these figures being achieved is extremely slim. It’s crucial to:
📚 Educate yourself on crypto fundamentals.
🧐 Research projects thoroughly before investing.
🤝 Seek advice from credible sources.
---
💡 My Experience:
When I first entered crypto, I also got caught up in the hype, investing in stagnant coins and learning the hard way. That’s why I share this to help new investors avoid the same mistakes.
---
What’s Your Take?
Have you come across similar predictions? Share your thoughts below and let’s keep the discussion grounded and insightful!
#CryptoRealTalk #InvestSmart #BinanceCommunity
#SHIB #Write2Earn #pepe⚡
#XRP
#LUNC $XRP
See original
Do Kwon's extradition process has turned into a long story. To the US or South Korea?
Finally, the Montenegrin Court had ruled for extradition for Do Kwon. Do Kwon appealed this decision. As a result; the Constitutional Court of Montenegro also rejected Do Kwon's request.
🔔 The final decision for Do Kwon's extradition is with the Montenegrin Minister of Justice... The needle is on the US side for Do Kwon, who is expected to be extradited to South Korea or the US...
We will continue to follow the developments regarding Do Kwon as they directly affect LUNC, USTC and LUNA...
#TerraClassic #LUNC #USTC #LUNA $LUNC $LUNA $USTC
Finally, the Montenegrin Court had ruled for extradition for Do Kwon. Do Kwon appealed this decision. As a result; the Constitutional Court of Montenegro also rejected Do Kwon's request.
🔔 The final decision for Do Kwon's extradition is with the Montenegrin Minister of Justice... The needle is on the US side for Do Kwon, who is expected to be extradited to South Korea or the US...
We will continue to follow the developments regarding Do Kwon as they directly affect LUNC, USTC and LUNA...
#TerraClassic #LUNC #USTC #LUNA $LUNC $LUNA $USTC
FC4224:
None of these court decisions mean anything. They are just being blocked by some people, that's all.
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
$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!
See original
The Constitutional Court of Montenegro has rejected Do Kwon’s appeal against the decision to extradite him.
The news was also shared by Korean media and major Crypto News pages.
➖Do Kwon is expected to be extradited to the US or South Korea.
#LUNC #USTC
https://www.koreatimes.co.kr/www/world/2024/12/501_389113.html
$LUNC
The news was also shared by Korean media and major Crypto News pages.
➖Do Kwon is expected to be extradited to the US or South Korea.
#LUNC #USTC
https://www.koreatimes.co.kr/www/world/2024/12/501_389113.html
$LUNC
Kripto-huso-671214:
The story never ends
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
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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.
See original
There are good developments in the Terra Classic chain. The chain is now on its feet and important developments are being made.
The reason why these developments do not make us happy is that the LUNC and USTC prices are insufficient.
The current market value of LUNC is $ 647 million. In our opinion, it is very low. It will reach much better places. However, no one knows what will happen in the short term...
We make sentences such as short, medium and long term. However, these periods vary according to people.
🔔 There were pages and channels that gave high short-term goals, especially for #LUNC and #USTC . With the influence of these pages and channels, the followers started to expect. When the expectation did not come true, disappointment and criticism began.
🔔 As a page, we are at the same point now as we were at the first point. The angles we look at the Terra Classic issue are different. We have never looked at it from the price point. The vast majority of our followers do not look at it from the price point, but there are also those who look at it from the price point.
We all want it to rise immediately. We all invested. But the facts are also clear. We have to proceed realistically.
We are pursuing a realistic dream in LUNC. When this chain gets back on its feet, it will reach points that will make us all happy. Will you be at the table at that point? That's what matters!
Right now; It has no value to have 50 million, 100 million, 1 billion LUNC in your hands! Your questions about whether it will be $1 have no value! How many of the LUNCs you have bought now can you carry up to $1? ZERO!
All those who can carry will be those who are currently staking and those who receive their daily units! In short; they will be partners in the project.
Dreaming is nice, but being realistic is better.
#TerraClassic #MarketRebound #GrayscaleHorizenTrust $LUNC
The reason why these developments do not make us happy is that the LUNC and USTC prices are insufficient.
The current market value of LUNC is $ 647 million. In our opinion, it is very low. It will reach much better places. However, no one knows what will happen in the short term...
We make sentences such as short, medium and long term. However, these periods vary according to people.
🔔 There were pages and channels that gave high short-term goals, especially for #LUNC and #USTC . With the influence of these pages and channels, the followers started to expect. When the expectation did not come true, disappointment and criticism began.
🔔 As a page, we are at the same point now as we were at the first point. The angles we look at the Terra Classic issue are different. We have never looked at it from the price point. The vast majority of our followers do not look at it from the price point, but there are also those who look at it from the price point.
We all want it to rise immediately. We all invested. But the facts are also clear. We have to proceed realistically.
We are pursuing a realistic dream in LUNC. When this chain gets back on its feet, it will reach points that will make us all happy. Will you be at the table at that point? That's what matters!
Right now; It has no value to have 50 million, 100 million, 1 billion LUNC in your hands! Your questions about whether it will be $1 have no value! How many of the LUNCs you have bought now can you carry up to $1? ZERO!
All those who can carry will be those who are currently staking and those who receive their daily units! In short; they will be partners in the project.
Dreaming is nice, but being realistic is better.
#TerraClassic #MarketRebound #GrayscaleHorizenTrust $LUNC