During the seventh round of the LUNC burn mechanism, the biggest cryptocurrency exchange in the world, Binance, burnt a substantial number of LUNC tokens. At long last, the Terra Luna Classic community may once again enjoy Binance LUNC burns. The burn transaction shows that 8.85 billion Terra Luna Classic (LUNC)
At press time, USTC was trading at $0.0284 and had risen 7.45% in the last 24 hours as per CMC. Meanwhile, LUNC has slowed its intraday gains. And was trading slightly higher in the past 24 hours at $0.0001653, up 2.45%. After dropping for three days in a row, LUNC
Initiating staking for LUNC was a long overdue move, and the crypto community has embraced KuCoin’s initiative. After delegating 48 billion LUNC in January 2023, the cryptocurrency exchange has brought back its staking function. After 47.9 billion $LUNC were allocated, KuCoin may rejoin the LUNC chain as a validator, giving
On Monday, Binance, the biggest cryptocurrency exchange in the world, said that it will be supporting the Terra Classic (LUNC) upgrade. At block height 11,543,150, the Terra Classic (LUNC) network will be upgraded, likely on February 14th. Proposal 11310 is a part of the Joint L1 Task Force development group.
The price of Tera Classic (LUNC), the original chain of the collapsed Terra (LUNA) ecosystem, surged dramatically as the global cryptocurrency market witnessed a bullish trend. At the time of writing, LUNC soared over 9.5% in the last 24 hours and is still being supported by buying signal. The year
Amid the pressure to speed up the burn rate, the Terra Classic community has burnt up almost 16 million LUNC tokens in less than a week. In 2023, validators and projects working with Terra Classic want to burn billions of Terra Classic (LUNC) to increase the burn rate. An estimated
The price of the Tera Classic (LUNC) cryptocurrency has risen dramatically after a recent integration with the Interchain Station platform. Jared, the chief developer at Terraform Labs, made the news on his Twitter page. Saying that the renamed Terra network would be working with a number of other blockchains, including
Since LUNC burn rates decreased in December, the Terra Classic community has set its sights on boosting those rates. The LUNC burn rates have also been influenced by the decision of the cryptocurrency exchange Binance to temporarily pause its LUNC burn mechanism until March and to decrease the burn amount
After experiencing a dramatic price surge over the last few days, Terra Classic (LUNC) is currently witnessing a breakout from its rapid price spike. LUNC, one of the leading altcoins in the global cryptocurrency market, has attained a significant price increase recently, registering more than 10%. However, the token has
Binance, the biggest cryptocurrency exchange in the world, has put a hold on burning Terra Classic (LUNC) trade fees until March 2023. This action follows on the heels of the events around the funding proposals for the commodities pool, numbered 10983 and 11111. The crypto exchange will also only burn
