In total, 7 billion LUNC tokens have been burned. Terra Classic has risen by over 14% in the last 7 days. Following the Binance supports for Terra 1.25 burn tax, Terra classic (LUNC) has seen far less volatility in the price for the last seven days. LUNC maintained a price
Terra Classic community wants Coinbase to list LUNC. CoinbaseListLUNC trending over Twitter with 122k tweets. The Terra Classic (LUNC) community wants Coinbase to list LUNC in their trading list, as they were calling Coinbase through various tweets to support their mission and list LUNC. Currently, the #CoinbaseListLUNC hashtag is trending
LUNC attained a massive surge, registering 41.93% in the last 24 hours. Recently, LUNC’s price dropped dramatically following Do Kwon’s arrest warrant. The controversies regarding TerraLabs founder, Do Kwon are still going through the global cryptocurrency market. The arrest warrant and recently issued red notice by Interpol for Do Kwon
Binance adopted the Terra Classic burn mechanism on Trading Fees. LUNC increased by 161% from the previous month. Finally, the LUNC community’s most awaited response from Binance CEO Changpeng Zhao (CZ) on the proposal of burning trading fees has come true on Monday. Binance announced that the exchange would create
As a means of decreasing supply, the LUNC plans to use the Tax Burn strategy. The approved plan will take effect at the block height of 9,475,200. Perhaps the worst cryptocurrency crash ever occurred in May 2022, when the Terra-collapse LUNC occurred. Along with LUNC, Terra’s another native token, USTC,
To avoid further damage, TerraForm Labs deactivated the exchanges between LUNC and USTC. Burning 1.2% of tax will help the exchange to the first step toward making the asset deflationary. In a post Terra Classic community members Edward Kim and Alex Forshaw have revealed a rough roadmap of the community-driven
At the time of writing, the price of LUNC was $0.0003, down 17% in the previous 24 hours. Today, at 9:00 a.m., it is trading at $0.0003559, quite bullish, with one target of 0.001 before the LUNC burn. Nowadays Terra Classic (LUNC) is trending. As people have thought that the
The 1.2% taxation process is expected to start functioning from Sept 20th. Major exchanges like Binance, Kucoin, and Huobi have expressed support. Terra Classic’s (LUNC) new features of 1.2% tax burn and distribution of v22 update, proposals named 3568 and 4195 respectively are the talk of the town currently. The
The price increase is 53.02% and trading volume has also surged by 105.6%. LUNC has reached $ 0.0005 and has placed in the top 30 cryptocurrencies. Terra classic’s (LUNC) massive fall because of its stablecoin made investors think that is the end for it in the crypto market. The crypto
The price of LUNC has increased by over 180% in seven days. There are now over 528.8 billion LUNC staked. Community efforts like token burning and staking as well as project development, ecosystem education, and governance led to a tremendous increase in the value of all Terra tokens. In particular,
