Sun, September 22

Terra’s 30M LUNC Tokens Staked at Market Price

Terra Classic LUNC Staking Reaches New Record High of 1 Trillion Altcoin News
  • A set of LUNC tokens staked for around 1 million USD.
  • Terra values to $0.0001232 at an increase of 0.08%.

Terra Classic is an altcoin founded by Do Kwon and Daniel Shin in the year 2018. There are over 30,411,802.611 TERRA (aka LUNC) staked at the current market value which is approximately $0.0001232.

Recently, one of the co-founders, Daniel Shin denied his role at Terraform Labs – for his investigation of the LUNC crash. Meanwhile, the last Thursday, Seoul District Court refused Shin for his second arrest warrant. 

Will LUNC Price Keep Surging?

Concerning today’s Terra price, 30 million LUNC tokens get staked – values over 1 million USD. Enthusiasts come forth to expand the volume of LUNC and suggest that the goal is not about to reach 1 dollar. But, to the goal of increasing the LUNC burn rate.

Likewise, Binance, the world’s largest crypto exchange platform has burnt 1.6B Terra Classic (LUNC) tokens which are worth 52.5 billion USD. This recent act of Binance is a massive move.

On the other hand, the analysis on the current price of LUNC reports at $0.0001232 with a decrease of 0.08%. Over the last 24 hrs, the trading volume ranges to $45,199,953 and the circulating supply ranges around 5 trillion of LUNC as per the CoinMarketCap.

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A computer science engineering graduate who dives nook and corner of an engaging career with a keen interest in content creation, currently exploring the field of Crypto.