Luncusdt
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$LUNC Trade setup
Entry: 0.0001044
Target: 0.000127
SL: 0.0001006
Reason: right at Bullish OB (M30) and small break out on M5.
#LUNC/USDT #BTC #Luncusdt #LUNCPricePrediction
Entry: 0.0001044
Target: 0.000127
SL: 0.0001006
Reason: right at Bullish OB (M30) and small break out on M5.
#LUNC/USDT #BTC #Luncusdt #LUNCPricePrediction
❤️🔥LUNC TOKENS BURNS🎯
✍️✍️Over 85 Billion LUNC Tokens Burned By Terra Luna Classic Community🐧🐧
🌟Since May 18, 2022, the Terra Luna Classic community has burned over 85 billion LUNC tokens, marking a significant milestone.
🌞This ongoing effort to reduce the circulating supply of LUNC has reached a significant milestone, with Binance accounting for more than 51% of the total tokens burned.
🌞The burning initiatives are critical for improving the Terra Luna Classic ecosystem's utility and sustainability.
🌞5.83 trillion LUNC tokens are already in circulation, out of a total supply of 6.82 trillion LUNC.
🌞 Binance has contributed nearly 43.6 billion LUNC to the burning process, demonstrating its commitment to the Terra Luna Classic community.
🌞Binance, other exchanges, and community members work together to consistently burn tokens, with an average of 200 million LUNC burned weekly.
🌞Binance alone burned around 4 billion LUNC tokens during the sixteenth round of the LUNC burn on December 1st.
🌞Binance and other exchanges' introduction of USTC perpetual contracts and new pairings for USTC and LUNC increased spot and margin trading volumes, contributing significantly to the burn.🌟🌟
⚽Do you think that #LUNC #LUNA #Luncusdt will repeat 🔁 it's popularity and price ??
comments please ✨
✍️✍️Over 85 Billion LUNC Tokens Burned By Terra Luna Classic Community🐧🐧
🌟Since May 18, 2022, the Terra Luna Classic community has burned over 85 billion LUNC tokens, marking a significant milestone.
🌞This ongoing effort to reduce the circulating supply of LUNC has reached a significant milestone, with Binance accounting for more than 51% of the total tokens burned.
🌞The burning initiatives are critical for improving the Terra Luna Classic ecosystem's utility and sustainability.
🌞5.83 trillion LUNC tokens are already in circulation, out of a total supply of 6.82 trillion LUNC.
🌞 Binance has contributed nearly 43.6 billion LUNC to the burning process, demonstrating its commitment to the Terra Luna Classic community.
🌞Binance, other exchanges, and community members work together to consistently burn tokens, with an average of 200 million LUNC burned weekly.
🌞Binance alone burned around 4 billion LUNC tokens during the sixteenth round of the LUNC burn on December 1st.
🌞Binance and other exchanges' introduction of USTC perpetual contracts and new pairings for USTC and LUNC increased spot and margin trading volumes, contributing significantly to the burn.🌟🌟
⚽Do you think that #LUNC #LUNA #Luncusdt will repeat 🔁 it's popularity and price ??
comments please ✨
🚨🚨🚨NEW SIGNAL🚨🚨🚨
👉👉JOIN MY LIVE STREAM FOR PREMIUM SIGNALS👈🏻👈🏻
SIGNAL TYPE : SHORT
#1000LUNC/USDT
Entry zone : 0.11267
Targets :
0.1112305
0.1099265
0.1074221
Stop loss :0.1233006
Leverage: 10X
👉If you want to get premium signal daily like this 2-4 Do 2 step
👉1. join my binance live you will get more information what you have to do for premium signal.
👉2. Just click on my profile picture to join my binance live stream I will add a picture
#Luncusdt #BTC #TradeNTell #BTC
👉👉JOIN MY LIVE STREAM FOR PREMIUM SIGNALS👈🏻👈🏻
SIGNAL TYPE : SHORT
#1000LUNC/USDT
Entry zone : 0.11267
Targets :
0.1112305
0.1099265
0.1074221
Stop loss :0.1233006
Leverage: 10X
👉If you want to get premium signal daily like this 2-4 Do 2 step
👉1. join my binance live you will get more information what you have to do for premium signal.
👉2. Just click on my profile picture to join my binance live stream I will add a picture
#Luncusdt #BTC #TradeNTell #BTC
See original
Coin Name: 1000LUNC(Signal)
#1000LUNC/USDT
Signal Type: (SHORT)
Leverage :(20X)
Entry Target: 0.11300
🎯Take Profit Target:
0.1103200
0.1080913
0.1058626
0.1036339
0.1014053
Stop Loss:
) 0.1198
HIGH RISKY TRADE USE 5%-10% FUND
@Upscale Trading
Follow for more
#LUNC. #PYTH #Write2Earn
#1000LUNC/USDT
Signal Type: (SHORT)
Leverage :(20X)
Entry Target: 0.11300
🎯Take Profit Target:
0.1103200
0.1080913
0.1058626
0.1036339
0.1014053
Stop Loss:
) 0.1198
HIGH RISKY TRADE USE 5%-10% FUND
@Upscale Trading
Follow for more
#LUNC. #PYTH #Write2Earn
Beware of the TON Scam: It Can Empty Your Wallet
Beware of the $TON Scam: It Can Empty Your Wallet
TON Scam is a type of fake airdrop scheme where hackers trick you into emptying your entire wallet under the pretext of gas fees. These scams are being run by hackers on Telegram and other social networks. The unfortunate part is that no laws are being created to give these hackers the harsh punishment they deserve, such as the death penalty, nor are they being caught. This is all due to the incompetence and laziness of current politicians, whose actions are allowing hackers the freedom to operate unchecked.
Similarly, law enforcement agencies are failing to keep up with advancements in blockchain and the modern internet. They are not tracking down and catching these hackers, nor are they helping people recover their lost assets. Due to the negligence of these agencies, there is a risk that Europe and the United States may fall far behind China in the race for technological dominance.
If you're dealing with cryptocurrency or using any blockchain-related services, it's crucial to stay vigilant and avoid falling victim to such scams. Always verify the legitimacy of any airdrop offers or requests for gas fees, and never share your wallet details with anyone you don't trust completely.
---
This article emphasizes the need for stricter laws, including the death penalty, to deter hackers and protect citizens from the growing threat of TON scams. It also calls for more proactive efforts from governments and law enforcement to address this issue.
$BTC $SHIB #FLOKIUSDT #Luncusdt #CryptoMarketMoves #MarketDownturn #BONKUSDT
TON Scam is a type of fake airdrop scheme where hackers trick you into emptying your entire wallet under the pretext of gas fees. These scams are being run by hackers on Telegram and other social networks. The unfortunate part is that no laws are being created to give these hackers the harsh punishment they deserve, such as the death penalty, nor are they being caught. This is all due to the incompetence and laziness of current politicians, whose actions are allowing hackers the freedom to operate unchecked.
Similarly, law enforcement agencies are failing to keep up with advancements in blockchain and the modern internet. They are not tracking down and catching these hackers, nor are they helping people recover their lost assets. Due to the negligence of these agencies, there is a risk that Europe and the United States may fall far behind China in the race for technological dominance.
If you're dealing with cryptocurrency or using any blockchain-related services, it's crucial to stay vigilant and avoid falling victim to such scams. Always verify the legitimacy of any airdrop offers or requests for gas fees, and never share your wallet details with anyone you don't trust completely.
---
This article emphasizes the need for stricter laws, including the death penalty, to deter hackers and protect citizens from the growing threat of TON scams. It also calls for more proactive efforts from governments and law enforcement to address this issue.
$BTC $SHIB #FLOKIUSDT #Luncusdt #CryptoMarketMoves #MarketDownturn #BONKUSDT
#LUNC.
It will increase by 13-17% minimum within 3/4 days.
Those who want to hold 0.00012-13 $
Can buy inside
Market Cap=$754.16 M
Volume 24h-$61.87 M
Fully Diluted Market Cap $889.37 M
Circulating Supply=5.77 T LUNC
Max Supply --
Total Supply=6.81 T LUNC
All Time High=$119.18
All Time Low= $0.00001675
Market Dominance=0.03%
Disclaimer : This is my personal analysis for educational purposes , Buy/Sell/Trade at your own risk. I am not a financial Advisor
#TrendingTopic #Write2Earn #Luncusdt
#LUNC\USDT
@Sibgat trade follow me. 🤞
It will increase by 13-17% minimum within 3/4 days.
Those who want to hold 0.00012-13 $
Can buy inside
Market Cap=$754.16 M
Volume 24h-$61.87 M
Fully Diluted Market Cap $889.37 M
Circulating Supply=5.77 T LUNC
Max Supply --
Total Supply=6.81 T LUNC
All Time High=$119.18
All Time Low= $0.00001675
Market Dominance=0.03%
Disclaimer : This is my personal analysis for educational purposes , Buy/Sell/Trade at your own risk. I am not a financial Advisor
#TrendingTopic #Write2Earn #Luncusdt
#LUNC\USDT
@Sibgat trade follow me. 🤞
The day Celcius Network filed for bankruptcy in July 2022, it crashed by 50%.
It later did 10x in 30 days. Terra Luna filed for bankruptcy 2 days ago, I think that was the clear signal we needed. $LUNC $LUNA and $USTC will begin a monster pump any moment
#USTC
#Lunapriceanalysis
#Luncusdt
#Lunausdt
#USTC/USDT
It later did 10x in 30 days. Terra Luna filed for bankruptcy 2 days ago, I think that was the clear signal we needed. $LUNC $LUNA and $USTC will begin a monster pump any moment
#USTC
#Lunapriceanalysis
#Luncusdt
#Lunausdt
#USTC/USDT
New Position Alert 🔔
$LUNC
Entre: 0.00014150
T1: 0.00014574
T2: 0.00014857
T3: 0.00015140
T4: 0.0001556
stop : 0.00013442
Up Ur stop When hit T1
#Write2Earn #HotTrends #Luncusdt
$LUNC
Entre: 0.00014150
T1: 0.00014574
T2: 0.00014857
T3: 0.00015140
T4: 0.0001556
stop : 0.00013442
Up Ur stop When hit T1
#Write2Earn #HotTrends #Luncusdt
Prediction for LUNC as it rises 56%: Is the Rally to $1 Beginning?
The price of Terra Luna Classic has had a 5% increase during the last 24 hours, hitting a value of $0.00008179. This recent surge also represents a significant rise of 56% since its lowest point in mid-October of 2023.
The cryptocurrency LUNC has had a notable increase of 22% within a week and 40% over the course of the previous 30 days, coinciding with a growing bullish market attitude.
However, the Lunar University Network Coin (LUNC) has also had advantages as a result of the implementation of several beneficial Terra Luna Classic governance proposals. This includes the recent approval of a proposal to cease the creation of additional USTC tokens.
It is probable that this development will have a positive impact on the long-term price of LUNC. Additionally, it instills optimism regarding the potential for the LUNC community to collaborate on other advantageous suggestions in the foreseeable future.
The price prediction for Terra Luna Classic, denoted as LUNC, is being discussed in light of its recent 56% increase. This surge has prompted speculation about the potential commencement of a rally towards the $1 mark.
The LUNC has had a 5% increase within a single day, hence it is unsurprising that its chart and indicators exhibit a notable level of strength.
The relative strength index (RSI), specifically in the color purple, is exhibiting an upward trend, approaching the 70 mark once more. There is still room for further increase until the cryptocurrency reaches a state of being overbought.
The pricing chart for Terra Luna Classic.
The source of the information is TradingView.
In a more positive light, the 30-day average (represented by the color yellow) of LUNC demonstrates a consistent upward trend towards its 200-day average (shown by the color blue). It is worth noting that there is still a significant amount of time until it surpasses the aforementioned average and reaches its highest point.
An other positive development pertains to the support level (green) of LUNC, which has experienced an increase in recent weeks. This upward trend has endowed the cryptocurrency with elevated foundational levels, so facilitating the initiation of fresh rallies.
However, the 24-hour trading volume of this coin is quite low compared to other prominent tokens, currently standing at $40 million.
The current value of the token, while showing improvement compared to its October readings, remains very minor in comparison to larger tokens like as BTC, ETH, and SOL. However, there was a notable increase on November 10, with the value spiking to over $300 million.
The significance of the aforementioned occurrence lies in the fact that it was the moment when the Terra Luna Classic community collectively approved a resolution to cease the production and re-production of USTC.
This proposal aims to mitigate the establishment of more USTC, a measure that has the potential to bolster the value of both USTC and LUNC.
Furthermore, the aforementioned sentence serves as a valuable illustration of the LUNC community's successful consensus-building efforts, a task that has proven challenging during the current year.
Moreover, this has the ability to facilitate consensus throughout the community about other propositions.
Therefore, it is anticipated that the price of Terra Luna Classic will have a continuous upward trend in accordance with market conditions. It is plausible that the price may hit $0.00010 during the upcoming weeks and perhaps escalate to $0.00020 during the initial weeks of 2024.
#LUNC #Luncusdt #luna
The cryptocurrency LUNC has had a notable increase of 22% within a week and 40% over the course of the previous 30 days, coinciding with a growing bullish market attitude.
However, the Lunar University Network Coin (LUNC) has also had advantages as a result of the implementation of several beneficial Terra Luna Classic governance proposals. This includes the recent approval of a proposal to cease the creation of additional USTC tokens.
It is probable that this development will have a positive impact on the long-term price of LUNC. Additionally, it instills optimism regarding the potential for the LUNC community to collaborate on other advantageous suggestions in the foreseeable future.
The price prediction for Terra Luna Classic, denoted as LUNC, is being discussed in light of its recent 56% increase. This surge has prompted speculation about the potential commencement of a rally towards the $1 mark.
The LUNC has had a 5% increase within a single day, hence it is unsurprising that its chart and indicators exhibit a notable level of strength.
The relative strength index (RSI), specifically in the color purple, is exhibiting an upward trend, approaching the 70 mark once more. There is still room for further increase until the cryptocurrency reaches a state of being overbought.
The pricing chart for Terra Luna Classic.
The source of the information is TradingView.
In a more positive light, the 30-day average (represented by the color yellow) of LUNC demonstrates a consistent upward trend towards its 200-day average (shown by the color blue). It is worth noting that there is still a significant amount of time until it surpasses the aforementioned average and reaches its highest point.
An other positive development pertains to the support level (green) of LUNC, which has experienced an increase in recent weeks. This upward trend has endowed the cryptocurrency with elevated foundational levels, so facilitating the initiation of fresh rallies.
However, the 24-hour trading volume of this coin is quite low compared to other prominent tokens, currently standing at $40 million.
The current value of the token, while showing improvement compared to its October readings, remains very minor in comparison to larger tokens like as BTC, ETH, and SOL. However, there was a notable increase on November 10, with the value spiking to over $300 million.
The significance of the aforementioned occurrence lies in the fact that it was the moment when the Terra Luna Classic community collectively approved a resolution to cease the production and re-production of USTC.
This proposal aims to mitigate the establishment of more USTC, a measure that has the potential to bolster the value of both USTC and LUNC.
Furthermore, the aforementioned sentence serves as a valuable illustration of the LUNC community's successful consensus-building efforts, a task that has proven challenging during the current year.
Moreover, this has the ability to facilitate consensus throughout the community about other propositions.
Therefore, it is anticipated that the price of Terra Luna Classic will have a continuous upward trend in accordance with market conditions. It is plausible that the price may hit $0.00010 during the upcoming weeks and perhaps escalate to $0.00020 during the initial weeks of 2024.
#LUNC #Luncusdt #luna
#Luncusdt Strategic Insights Amidst the Bear Market
The LUNC/USDT market presents a challenging scenario that requires thorough analysis. Let's explore the price action, key support and resistance levels, SMA 200, and volume profile to identify potential opportunities despite the bearish sentiment.
$LUNC
Price Action and Support/Resistance Levels
LUNC/USDT has shown a consistent downtrend with occasional rallies. Currently priced at 0.00006915 USDT, it is nearing the historical support zone around 0.00006500 USDT, a level that has provided strong support multiple times.
Resistance is observed around 0.00015000 USDT, where each attempt to break above has resulted in a pullback, indicating strong selling pressure.
Volume Profile Insights
Significant trading activity is noted between 0.00007000 and 0.00008000 USDT, indicating a high volume node. This range suggests strong support, with increased buying activity at dips hinting at accumulation by long-term investors.
Bear Market Dynamics and Opportunities
Navigating a bear market requires deeper research and caution. The overall sentiment is bearish due to macroeconomic factors and broader market trends. However, bear markets also present unique opportunities for contrarian investors.
Accumulate at Support Levels: The support around 0.00006500 USDT offers a low-risk entry point, historically acting as a strong floor.
Conclusion
Despite the bearish sentiment, the LUNC/USDT market offers strategic opportunities through careful analysis of support and resistance levels, SMA 200 trends, and volume profiles.
By adopting a cautious yet opportunistic approach, traders can navigate the bear market effectively.
This is not financial advice. Conduct your research and consult a financial advisor before making any investment decisions.
#BTC_Bounce_Back_to_57k #BinanceTurns7 #Market_Update #6thTrade
$TIA
The LUNC/USDT market presents a challenging scenario that requires thorough analysis. Let's explore the price action, key support and resistance levels, SMA 200, and volume profile to identify potential opportunities despite the bearish sentiment.
$LUNC
Price Action and Support/Resistance Levels
LUNC/USDT has shown a consistent downtrend with occasional rallies. Currently priced at 0.00006915 USDT, it is nearing the historical support zone around 0.00006500 USDT, a level that has provided strong support multiple times.
Resistance is observed around 0.00015000 USDT, where each attempt to break above has resulted in a pullback, indicating strong selling pressure.
Volume Profile Insights
Significant trading activity is noted between 0.00007000 and 0.00008000 USDT, indicating a high volume node. This range suggests strong support, with increased buying activity at dips hinting at accumulation by long-term investors.
Bear Market Dynamics and Opportunities
Navigating a bear market requires deeper research and caution. The overall sentiment is bearish due to macroeconomic factors and broader market trends. However, bear markets also present unique opportunities for contrarian investors.
Accumulate at Support Levels: The support around 0.00006500 USDT offers a low-risk entry point, historically acting as a strong floor.
Conclusion
Despite the bearish sentiment, the LUNC/USDT market offers strategic opportunities through careful analysis of support and resistance levels, SMA 200 trends, and volume profiles.
By adopting a cautious yet opportunistic approach, traders can navigate the bear market effectively.
This is not financial advice. Conduct your research and consult a financial advisor before making any investment decisions.
#BTC_Bounce_Back_to_57k #BinanceTurns7 #Market_Update #6thTrade
$TIA
#Luncusdt Faces Key Resistance Test Amid Low Volatility
$LUNC
The LUNC/USDT pair is experiencing low volatility, with the price stabilizing near key support levels. Technical indicators show a cautious market sentiment as the pair consolidates within a narrow range.
Support Zone: Around $0.00007000 - $0.00007500, this area has been tested repeatedly, showing strong buying interest. The consolidation at this level suggests potential stability or buildup before a significant move.
Resistance Zone: Immediate resistance is at $0.00009000 - $0.00009500. This zone has capped price movements, with signs of hesitation. A sustain breakout here could signal a bullish shift.
Moving Averages: The price is below the 200-period SMA on both 4-hour and daily charts, indicating a bearish medium-term trend.
The 4-hour SMA at $0.00007993 and daily SMA at $0.00011411 are key resistance levels.
Volume Analysis: A decrease in volume suggests potential breakout or further consolidation. Volume spikes may indicate new trends.
MACD and RSI: The MACD on both 4-hour and daily charts shows a bearish signal, with the lines converging, indicating potential momentum shifts. The RSI on the 4-hour chart is 41.57, and the daily RSI is 46.80, indicating a neutral to slightly oversold condition.
Market Sentiment and Forecast
Bullish Scenario: A break above $0.00009000 - $0.00009500 with strong volume could push the price towards $0.00010000 - $0.00011000, indicating a bullish trend. be careful for $0.001 as a psychological key level.
Bearish Scenario: A drop below the support level of $0.00007000 could lead to further declines towards $0.00006500 or lower, especially with increased selling pressure.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. The cryptocurrency market is highly volatile. Conduct thorough research and consult a financial advisor before making investment decisions.
#US_Job_Market_Slowdown #Babylon_Mainnet_Launch #Market_Update #6thTrade
$LUNC
The LUNC/USDT pair is experiencing low volatility, with the price stabilizing near key support levels. Technical indicators show a cautious market sentiment as the pair consolidates within a narrow range.
Support Zone: Around $0.00007000 - $0.00007500, this area has been tested repeatedly, showing strong buying interest. The consolidation at this level suggests potential stability or buildup before a significant move.
Resistance Zone: Immediate resistance is at $0.00009000 - $0.00009500. This zone has capped price movements, with signs of hesitation. A sustain breakout here could signal a bullish shift.
Moving Averages: The price is below the 200-period SMA on both 4-hour and daily charts, indicating a bearish medium-term trend.
The 4-hour SMA at $0.00007993 and daily SMA at $0.00011411 are key resistance levels.
Volume Analysis: A decrease in volume suggests potential breakout or further consolidation. Volume spikes may indicate new trends.
MACD and RSI: The MACD on both 4-hour and daily charts shows a bearish signal, with the lines converging, indicating potential momentum shifts. The RSI on the 4-hour chart is 41.57, and the daily RSI is 46.80, indicating a neutral to slightly oversold condition.
Market Sentiment and Forecast
Bullish Scenario: A break above $0.00009000 - $0.00009500 with strong volume could push the price towards $0.00010000 - $0.00011000, indicating a bullish trend. be careful for $0.001 as a psychological key level.
Bearish Scenario: A drop below the support level of $0.00007000 could lead to further declines towards $0.00006500 or lower, especially with increased selling pressure.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. The cryptocurrency market is highly volatile. Conduct thorough research and consult a financial advisor before making investment decisions.
#US_Job_Market_Slowdown #Babylon_Mainnet_Launch #Market_Update #6thTrade
Terra Luna Classic Announces Major Core Upgrades, LUNC and USTC Price Jumps
🌕 The Cosmos blockchain developer group, Genuine Labs, has proposed a major upgrade to enhance the functionality and interoperability of Terra Luna Classic chain. This upgrade package includes strategic improvements to Wasmd, Ibc Go, and Cosmos SDK, aimed at boosting security and performance.
🛠️ The Genuine Labs team, comprising three developers, plans to complete all developments in 8 weeks, with an estimated budget of $30K. The proposed upgrades promise enhanced security, increased interoperability, and developer-friendly improvements, fostering a thriving ecosystem on the Cosmos network.
🗳️ The proposal, "Genuine Labs Terra Classic Upgrade," is currently up for voting on Station wallet, with an impressive initial approval rate of 96%. All 5 validators who participated have voted "Yes," signaling strong community support for the upgrade.
💰 Following the announcement, LUNC price surged over 3%, trading at $0.0001269, with a significant increase in trading volume. Meanwhile, USTC price skyrocketed 25%, reflecting growing trader interest in Terra Luna Classic.
Stay tuned for more updates as Terra Luna Classic gears up for a game-changing upgrade! 🌐✨
#Write2Earn #Luncusdt #LUNC.
🌕 The Cosmos blockchain developer group, Genuine Labs, has proposed a major upgrade to enhance the functionality and interoperability of Terra Luna Classic chain. This upgrade package includes strategic improvements to Wasmd, Ibc Go, and Cosmos SDK, aimed at boosting security and performance.
🛠️ The Genuine Labs team, comprising three developers, plans to complete all developments in 8 weeks, with an estimated budget of $30K. The proposed upgrades promise enhanced security, increased interoperability, and developer-friendly improvements, fostering a thriving ecosystem on the Cosmos network.
🗳️ The proposal, "Genuine Labs Terra Classic Upgrade," is currently up for voting on Station wallet, with an impressive initial approval rate of 96%. All 5 validators who participated have voted "Yes," signaling strong community support for the upgrade.
💰 Following the announcement, LUNC price surged over 3%, trading at $0.0001269, with a significant increase in trading volume. Meanwhile, USTC price skyrocketed 25%, reflecting growing trader interest in Terra Luna Classic.
Stay tuned for more updates as Terra Luna Classic gears up for a game-changing upgrade! 🌐✨
#Write2Earn #Luncusdt #LUNC.
LUNC Price Prediction: Binance Ignites a Billion-Token Burn, Setting the Stage for Future Growth
In an electrifying development, Binance, the world’s largest cryptocurrency exchange, has demonstrated its commitment to revitalizing Terra Luna Classic ($LUNC ) by burning over 1 billion LUNC tokens. This monumental action represents the 27th batch in Binance's ongoing LUNC burn initiative and brings the total community burn to an impressive 137 billion tokens. With Terraform Labs also anticipated to initiate their own significant burn, the Terra Luna Classic community is filled with bullish anticipation, speculating whether LUNC’s price could surge to $0.0001 and ignite a rally.
---
Binance’s Bold Burn: Over 1 Billion LUNC Tokens Erased
On November 1, Binance executed a substantial burn of 1.048 billion LUNC tokens as part of its efforts to support the Terra Luna Classic ecosystem. This latest move brings Binance's total burn to a staggering 66.66 billion tokens, while the entire Terra Classic community has collectively burned nearly 137 billion LUNC over the past two years. Notably, the tax costs associated with this transaction alone totaled 5.2 million LUNC, underscoring Binance’s commitment to the revival of the project.
In this 27th burn cycle, Binance effectively eliminated trading fees valued at $95,073.99 for the period spanning from September 30 to October 30. The exchange has consistently adhered to a burn strategy, sacrificing 50% of LUNC spot and margin trading fees each month in support of the Terra Luna Classic community's revitalization efforts.
---
Price Rollercoaster: Can LUNC Rally to $0.0001?
Despite the substantial burn, LUNC’s price experienced an 8% decline in the past 24 hours, erasing gains made in the previous week amid broader turbulence in the crypto market. Currently trading at $0.00008936, LUNC has fluctuated within a narrow range, with a 24-hour low of $0.00008868 and a high of $0.00009834. Trading volumes have decreased by 50% over the same period, suggesting that traders are closely monitoring the situation for signs of a breakout.
Adding to the speculative excitement, Terraform Labs is expected to play a crucial role soon, as part of a bankruptcy court decision that could prompt an additional burn of LUNC and USTC. This potential development has many in the community eagerly anticipating the next significant move for Terra Luna Classic.
Meanwhile, USTC has also seen price fluctuations, dipping over 10% before recovering by 1% over the past week, currently trading at $0.0222, accompanied by similarly reduced trading volumes.
---
What’s Next for Terra Luna Classic?
As Binance continues its burn strategy to reduce LUNC’s circulating supply, many investors hope that these initiatives will contribute to sustainable growth in Terra Luna Classic’s value. However, as with any movements in the crypto market, it is essential for investors to conduct thorough research and remain informed before making investment decisions.
---
LUNC Community’s Revival Efforts: A Force to Be Reckoned With
The collaborative efforts of Binance, Terraform Labs, and the Terra Luna Classic community highlight a steadfast commitment to rejuvenating LUNC. With Binance’s latest burn adding momentum to this movement, all eyes are now on what lies ahead. Could this be the catalyst that propels LUNC to new heights?
As the Terra Luna Classic ecosystem progresses, it is crucial to stay updated on Binance’s ongoing contributions to the community’s revival efforts and to watch for pivotal price movements that could shape the future of LUNC.
#Lunc #Luncusdt
---
Binance’s Bold Burn: Over 1 Billion LUNC Tokens Erased
On November 1, Binance executed a substantial burn of 1.048 billion LUNC tokens as part of its efforts to support the Terra Luna Classic ecosystem. This latest move brings Binance's total burn to a staggering 66.66 billion tokens, while the entire Terra Classic community has collectively burned nearly 137 billion LUNC over the past two years. Notably, the tax costs associated with this transaction alone totaled 5.2 million LUNC, underscoring Binance’s commitment to the revival of the project.
In this 27th burn cycle, Binance effectively eliminated trading fees valued at $95,073.99 for the period spanning from September 30 to October 30. The exchange has consistently adhered to a burn strategy, sacrificing 50% of LUNC spot and margin trading fees each month in support of the Terra Luna Classic community's revitalization efforts.
---
Price Rollercoaster: Can LUNC Rally to $0.0001?
Despite the substantial burn, LUNC’s price experienced an 8% decline in the past 24 hours, erasing gains made in the previous week amid broader turbulence in the crypto market. Currently trading at $0.00008936, LUNC has fluctuated within a narrow range, with a 24-hour low of $0.00008868 and a high of $0.00009834. Trading volumes have decreased by 50% over the same period, suggesting that traders are closely monitoring the situation for signs of a breakout.
Adding to the speculative excitement, Terraform Labs is expected to play a crucial role soon, as part of a bankruptcy court decision that could prompt an additional burn of LUNC and USTC. This potential development has many in the community eagerly anticipating the next significant move for Terra Luna Classic.
Meanwhile, USTC has also seen price fluctuations, dipping over 10% before recovering by 1% over the past week, currently trading at $0.0222, accompanied by similarly reduced trading volumes.
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What’s Next for Terra Luna Classic?
As Binance continues its burn strategy to reduce LUNC’s circulating supply, many investors hope that these initiatives will contribute to sustainable growth in Terra Luna Classic’s value. However, as with any movements in the crypto market, it is essential for investors to conduct thorough research and remain informed before making investment decisions.
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LUNC Community’s Revival Efforts: A Force to Be Reckoned With
The collaborative efforts of Binance, Terraform Labs, and the Terra Luna Classic community highlight a steadfast commitment to rejuvenating LUNC. With Binance’s latest burn adding momentum to this movement, all eyes are now on what lies ahead. Could this be the catalyst that propels LUNC to new heights?
As the Terra Luna Classic ecosystem progresses, it is crucial to stay updated on Binance’s ongoing contributions to the community’s revival efforts and to watch for pivotal price movements that could shape the future of LUNC.
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