Terra blockchain had the LUNC community support during all its phases. Tweets with the #burnalot hashtag were over 45K in the last 24 hrs. Terra community has again stormed Twitter space with the hashtag #burnalot. The LUNC community supports the Terra ecosystem at all its phases. Earlier this week, the
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
Gate.io has also declared its approval of the 1.2% tax burn. In this proposal, a token burn fee of 1.2% is proposed to be applied to all trades. KuCoin and Gate.io, two prominent cryptocurrency trading platforms, have announced their support for the 1.2% tax burn plan put up by the
FTX will suspend deposits and withdrawals of LUNC and USTC. The exchange will also stop its support for Anchor Protocol (ANC) token. According to the recent announcement from the prominent cryptocurrency exchange, FTX, the deposits and withdrawals of Terra Classic (LUNC) and TerraClassicUSD (USTC) will be halted by the platform
LUNC experienced a sudden downfall, registering an 11.76% fall in the past 24 hours. Terra Classic (LUNC) is currently trading around $0.000238. The Terra Classic (LUNC) witnessed a massive surge during the past few days. Recently, LUNC’s value skyrocketed and it registered a nearly 62% increase in a day. The
LUNC, and the rest of the market traded with extremely low liquidity and high volatility. Luna Classic would reduce the supply and drive the price up to $1. The Terra Classic organization wants to begin burning more LUNC, yet investors must be careful not to get burned either.The price of
LUNC price has surged up to 50% in the last 24 hours. The market cap is currently $1.5 B with a 48.39% increase. Terra Classic (LUNC) is back on track. The price has surged up to 50% in the last 24 hours. The market capitalization has also attained the 1
