LIVESamydv
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LIVEMahir Crypto
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In four days, the Terra Classic Shuttle bridge will close, resulting in the burn of all #LUNC and #USTC funds left in this wallet.
The bridge’s last recorded withdrawal was on October 24, with no withdrawals occurring over the past three days.
It seems unlikely that there will be many more withdrawals in the remaining four days. This will lead to an estimated 252.8 billion LUNC and 176.3 million USTC being burned through the Shuttle.
Note: The funds to be burned from TFL’s wallets are separate from these.
The bridge’s last recorded withdrawal was on October 24, with no withdrawals occurring over the past three days.
It seems unlikely that there will be many more withdrawals in the remaining four days. This will lead to an estimated 252.8 billion LUNC and 176.3 million USTC being burned through the Shuttle.
Note: The funds to be burned from TFL’s wallets are separate from these.
yes
LIVETrader Rai
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Is LUNC (Luna Classic) Poised for a Grand Comeback in Crypto?
The story of Luna Classic (LUNC) is one of resilience. Despite Terra Luna's past challenges, LUNC has emerged as a community-driven token with renewed potential. Could it be on track to reclaim its place among the crypto giants? Here’s why many believe in LUNC's second chance:
1. Unstoppable Community Support
The LUNC community is more than just holders; they’re advocates, developers, and innovators, all working to bring new life to the token. Through their collective passion, community-led proposals aim to reduce LUNC’s circulating supply, increasing scarcity and possibly value. These initiatives keep LUNC’s spirit alive, with holders pushing for new use cases that could strengthen its position in the market.
2. Game-Changing Burn Mechanism
A standout feature that’s drawing attention is LUNC’s burn mechanism. Tokens are regularly burned, progressively reducing the supply. If demand holds strong or even grows, this deflationary approach could drive a price increase over time. Many LUNC enthusiasts see this as a long-term value play with substantial upside potential.
3. Rebuilding for Relevance
LUNC’s ecosystem is in a revival phase, with community proposals for new dApps, strategic partnerships, and more. These development efforts hint at a more robust infrastructure around LUNC, making it relevant in the competitive blockchain space. The comeback could be built on this foundation, setting the stage for broader adoption and innovation.
4. Volatility Breeds Opportunity
LUNC’s journey has been marked by high volatility. For the seasoned trader, this isn’t just a risk; it’s an opportunity. With the right strategy, LUNC’s price swings can present lucrative entry and exit points. For those willing to ride the waves, it’s a speculative but potentially rewarding bet.
Ready to Join LUNC's Comeback Story?
What do you think—is LUNC a comeback contender in the making? Dive into the LUNC market, join the movement, and be part of this evolving story. Start trading LUNC on Binance and see where this journey takes you!
#ETHBTCNewLow #BTC67KRebound #TetherUnderInvestigation #Write2Earn! #Therapydogcoin
1. Unstoppable Community Support
The LUNC community is more than just holders; they’re advocates, developers, and innovators, all working to bring new life to the token. Through their collective passion, community-led proposals aim to reduce LUNC’s circulating supply, increasing scarcity and possibly value. These initiatives keep LUNC’s spirit alive, with holders pushing for new use cases that could strengthen its position in the market.
2. Game-Changing Burn Mechanism
A standout feature that’s drawing attention is LUNC’s burn mechanism. Tokens are regularly burned, progressively reducing the supply. If demand holds strong or even grows, this deflationary approach could drive a price increase over time. Many LUNC enthusiasts see this as a long-term value play with substantial upside potential.
3. Rebuilding for Relevance
LUNC’s ecosystem is in a revival phase, with community proposals for new dApps, strategic partnerships, and more. These development efforts hint at a more robust infrastructure around LUNC, making it relevant in the competitive blockchain space. The comeback could be built on this foundation, setting the stage for broader adoption and innovation.
4. Volatility Breeds Opportunity
LUNC’s journey has been marked by high volatility. For the seasoned trader, this isn’t just a risk; it’s an opportunity. With the right strategy, LUNC’s price swings can present lucrative entry and exit points. For those willing to ride the waves, it’s a speculative but potentially rewarding bet.
Ready to Join LUNC's Comeback Story?
What do you think—is LUNC a comeback contender in the making? Dive into the LUNC market, join the movement, and be part of this evolving story. Start trading LUNC on Binance and see where this journey takes you!
#ETHBTCNewLow #BTC67KRebound #TetherUnderInvestigation #Write2Earn! #Therapydogcoin
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LIVELucillejames453
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🚀🔥LUNC, USTC, LUNA
Who believes that $LUNC will first reach $0.01 and eventually $1 in the near future?
Do you think $USTC will ever re-peg again?
Will $LUNA be delisted from Binance or other exchanges?
What are your thoughts on $LUNC? Feel free to share your opinions below!
#Lunc2TheMoonSoon
#luna
#DoYouHoldBNB
Do you think $USTC will ever re-peg again?
Will $LUNA be delisted from Binance or other exchanges?
What are your thoughts on $LUNC? Feel free to share your opinions below!
#Lunc2TheMoonSoon
#luna
#DoYouHoldBNB
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yesss
LIVEDr-UU
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LUNC News: Terra Luna Classic's Bold Initiative to Repeg USTC
The Terra Luna Classic (LUNC) community is making strides in its efforts to revive the USTC stablecoin. Aiming to restore USTC's peg to $1, the community has launched an ambitious initiative that offers a significant bounty for the development of a robust and flawless system.
A $250,000 Bounty to Repeg USTC:
The community has announced a $250,000 bounty for developers who can create a system to securely and effectively repeg USTC to the USD. The proposal outlines stringent requirements, focusing on stability, security, decentralization, and scalability. The goal is to ensure that the new system addresses the flaws that led to the previous depegging event and can maintain the peg in the long term.
Community-Driven Proposal and Support:
Developers interested in this challenge must submit a comprehensive whitepaper detailing the mechanics of their proposed system, along with technical documentation, security audits, and economic models. The Terra Luna Classic community will review the proposals, and the top submissions will undergo governance voting. The selected developer or team will not only receive the bounty but also gain support from the community for integration, testing, and deployment.
Market Reactions and Future Prospects:
Following the announcement, USTC saw a 3% price increase, with the price now hovering around $0.01561. Meanwhile, LUNC's price remains stable at $0.000077, despite a recent 6% decline over the past week. The initiative has sparked renewed interest in Terra Luna Classic, although the feasibility of the repeg remains to be fully assessed by leading developers.
This initiative is a crucial step in the community's ongoing efforts to restore confidence in the Terra ecosystem and could potentially set a new standard for algorithmic stablecoins.
Follow for updates, analysis and prediction. Like and Share. Thanks
#BecomeCreator #MarketDownturn #BinanceTurns7 #BinanceLaunchpoolTON #Write2Earn!
$BTC
$LUNC
$USTC
The Terra Luna Classic (LUNC) community is making strides in its efforts to revive the USTC stablecoin. Aiming to restore USTC's peg to $1, the community has launched an ambitious initiative that offers a significant bounty for the development of a robust and flawless system.
A $250,000 Bounty to Repeg USTC:
The community has announced a $250,000 bounty for developers who can create a system to securely and effectively repeg USTC to the USD. The proposal outlines stringent requirements, focusing on stability, security, decentralization, and scalability. The goal is to ensure that the new system addresses the flaws that led to the previous depegging event and can maintain the peg in the long term.
Community-Driven Proposal and Support:
Developers interested in this challenge must submit a comprehensive whitepaper detailing the mechanics of their proposed system, along with technical documentation, security audits, and economic models. The Terra Luna Classic community will review the proposals, and the top submissions will undergo governance voting. The selected developer or team will not only receive the bounty but also gain support from the community for integration, testing, and deployment.
Market Reactions and Future Prospects:
Following the announcement, USTC saw a 3% price increase, with the price now hovering around $0.01561. Meanwhile, LUNC's price remains stable at $0.000077, despite a recent 6% decline over the past week. The initiative has sparked renewed interest in Terra Luna Classic, although the feasibility of the repeg remains to be fully assessed by leading developers.
This initiative is a crucial step in the community's ongoing efforts to restore confidence in the Terra ecosystem and could potentially set a new standard for algorithmic stablecoins.
Follow for updates, analysis and prediction. Like and Share. Thanks
#BecomeCreator #MarketDownturn #BinanceTurns7 #BinanceLaunchpoolTON #Write2Earn!
$BTC
$LUNC
$USTC
wow
LIVEStarek
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🔥🔥🔥Finally $LUNC Passed SolidVote LUNC Validator Proposal 12033
SolidVote LUNC Validator Proposal 12033Six months ago, SolidVote LUNC Validator introduced a proposal requiring a compulsory KYC process for anyone intending to work on the chain.
✅✅On February 1, when the proposal went live, the SolidVote LUNC Validator announced that they had voted for the proposal,
urging others to participate in the voting scheme.Proposal Approval Despite Strong DisagreementsDespite the heated debate,
the community finally passed Proposal 12033, prioritizing the security and integrity of the blockchain. 🔥🔥🔥
According to the data 24 hours ago, the validators were divided, with more than 50% supporting and 48% opposing the proposal. However, when the result was finalized,
the proposal passed governance with a “massive voting turn-out of 90.5%.”
Like and Follow for more Update.
#Write2Earn #TrendingTopic #LUNC
SolidVote LUNC Validator Proposal 12033Six months ago, SolidVote LUNC Validator introduced a proposal requiring a compulsory KYC process for anyone intending to work on the chain.
✅✅On February 1, when the proposal went live, the SolidVote LUNC Validator announced that they had voted for the proposal,
urging others to participate in the voting scheme.Proposal Approval Despite Strong DisagreementsDespite the heated debate,
the community finally passed Proposal 12033, prioritizing the security and integrity of the blockchain. 🔥🔥🔥
According to the data 24 hours ago, the validators were divided, with more than 50% supporting and 48% opposing the proposal. However, when the result was finalized,
the proposal passed governance with a “massive voting turn-out of 90.5%.”
Like and Follow for more Update.
#Write2Earn #TrendingTopic #LUNC
i aping more terra classic
LIVE
Remotecrypto
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Top Proponent Says Terra Classic (LUNC) is Like a Pressure Cooker Ready to Explode. Here's Why.
The Claim: A prominent proponent of Terra Classic (LUNC) has compared the token to a pressure cooker, suggesting it is on the verge of a major price explosion. They cite several factors to support their claim, including:
Increased burning: The recent implementation of a 1.2% burn mechanism on all LUNC transactions has significantly reduced the circulating supply. This, in theory, should put upward pressure on the price.
Growing community: The LUNC community remains active and engaged, with a strong presence on social media and ongoing development efforts.
Exchange listings: LUNC has been listed on several new cryptocurrency exchanges in recent months, increasing its accessibility to a wider audience.
Potential re-peg: Some speculate that the Terra Classic community could attempt to re-peg the LUNC token to the US dollar, similar to the original TerraUSD (UST) stablecoin.
The Counterpoints: While the genannten factors could contribute to a potential LUNC price increase, it's important to consider the counterpoints:
Highly volatile: LUNC has a history of extreme volatility, and its price has fluctuated significantly in recent months. This makes it a high-risk investment.
Limited use case: LUNC currently has limited real-world use cases, which could hinder its long-term adoption and price growth.
Regulatory concerns: Regulatory scrutiny surrounding algorithmic stablecoins like TerraUSD could cast a shadow over LUNC.
Competition: LUNC faces competition from other established cryptocurrencies and new projects.
Remember: It's crucial to do your own research and carefully evaluate the risks before investing in any cryptocurrency, including LUNC. This post is not financial advice and should not be taken as such.
#Write2Earn
#LUNC.
#LuncToTheMoon
The Claim: A prominent proponent of Terra Classic (LUNC) has compared the token to a pressure cooker, suggesting it is on the verge of a major price explosion. They cite several factors to support their claim, including:
Increased burning: The recent implementation of a 1.2% burn mechanism on all LUNC transactions has significantly reduced the circulating supply. This, in theory, should put upward pressure on the price.
Growing community: The LUNC community remains active and engaged, with a strong presence on social media and ongoing development efforts.
Exchange listings: LUNC has been listed on several new cryptocurrency exchanges in recent months, increasing its accessibility to a wider audience.
Potential re-peg: Some speculate that the Terra Classic community could attempt to re-peg the LUNC token to the US dollar, similar to the original TerraUSD (UST) stablecoin.
The Counterpoints: While the genannten factors could contribute to a potential LUNC price increase, it's important to consider the counterpoints:
Highly volatile: LUNC has a history of extreme volatility, and its price has fluctuated significantly in recent months. This makes it a high-risk investment.
Limited use case: LUNC currently has limited real-world use cases, which could hinder its long-term adoption and price growth.
Regulatory concerns: Regulatory scrutiny surrounding algorithmic stablecoins like TerraUSD could cast a shadow over LUNC.
Competition: LUNC faces competition from other established cryptocurrencies and new projects.
Remember: It's crucial to do your own research and carefully evaluate the risks before investing in any cryptocurrency, including LUNC. This post is not financial advice and should not be taken as such.
#Write2Earn
#LUNC.
#LuncToTheMoon
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