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Bitcoin Surges Beyond $65,000: High Expectations in a Stagnant Altcoin Market
The cryptocurrency market is buzzing with excitement as Bitcoin ($BTC ) soars past $65,000, driven by growing optimism. Market sentiment is positive, with many anticipating that Donald Trump's rising influence in the political landscape could further boost support for Bitcoin, given his favorable stance on the asset. This has sparked a wave of speculation about the potential growth of the broader crypto market.
However, while Bitcoin continues to climb, the same can't be said for the altcoin market, which has been surprisingly stagnant. Despite high expectations, many altcoins have failed to deliver significant movement, leaving investors frustrated. This is especially true for popular coins like Terra Classic ($LUNC ) and TerraClassicUSD ($USTC ), which remain stuck in a prolonged period of inactivity.
For many, this is the most uneventful and frustrating period in recent memory. The disconnect between Bitcoin's performance and the altcoin market has left investors feeling like they're waiting for a spark that hasn't yet arrived.
The question remains: will the altcoin market catch up to Bitcoin's momentum, or is this lull here to stay
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraClassicRevival #TerraLunc $BTC $USTC $LUNC
The cryptocurrency market is buzzing with excitement as Bitcoin ($BTC ) soars past $65,000, driven by growing optimism. Market sentiment is positive, with many anticipating that Donald Trump's rising influence in the political landscape could further boost support for Bitcoin, given his favorable stance on the asset. This has sparked a wave of speculation about the potential growth of the broader crypto market.
However, while Bitcoin continues to climb, the same can't be said for the altcoin market, which has been surprisingly stagnant. Despite high expectations, many altcoins have failed to deliver significant movement, leaving investors frustrated. This is especially true for popular coins like Terra Classic ($LUNC ) and TerraClassicUSD ($USTC ), which remain stuck in a prolonged period of inactivity.
For many, this is the most uneventful and frustrating period in recent memory. The disconnect between Bitcoin's performance and the altcoin market has left investors feeling like they're waiting for a spark that hasn't yet arrived.
The question remains: will the altcoin market catch up to Bitcoin's momentum, or is this lull here to stay
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraClassicRevival #TerraLunc $BTC $USTC $LUNC
🌗#TerraLunc community approves the proposal to enhance governance and stability, will $LUNC C price rally⁉️
The Terra Luna Classic community has recently approved a major proposal, sparking market speculations. According to the update, the approved proposal focuses on tackling issues related to governance and stability, fueling discussions over its potential impact on LUNC price.
Meanwhile, the recent LUNC burn by #Binance has also bolstered the market sentiment, which could also help in the token’s rally ahead.
The Terra Luna Classic community has recently approved a major proposal, sparking market speculations. According to the update, the approved proposal focuses on tackling issues related to governance and stability, fueling discussions over its potential impact on LUNC price.
Meanwhile, the recent LUNC burn by #Binance has also bolstered the market sentiment, which could also help in the token’s rally ahead.
In the coming weeks, the LUNC and USTC burning process on the Shuttle Bridge is expected to make significant waves, with approximately 253 billion LUNC and 178 million USTC set for destruction. While we can track most of these burns, the TFL (Terraform Labs) burns remain a point of intrigue. Speculation surrounds which wallets belong to TFL, but these are only estimates, and it’s uncertain if there are additional undisclosed wallets.
The true scale of TFL’s participation will only be revealed when the burns happen. With just two weeks left, the community eagerly awaits clarity. Time will soon unveil the full extent of these burns.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraLunc #TerraNetwork $LUNC
$USTC
The true scale of TFL’s participation will only be revealed when the burns happen. With just two weeks left, the community eagerly awaits clarity. Time will soon unveil the full extent of these burns.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraLunc #TerraNetwork $LUNC
$USTC
$USTC **USTC Analysis: Bullish Sentiment with Target Price Insights**
As of today, USTC (TerraClassicUSD) is showing signs of bullish momentum. The cryptocurrency market has been recovering, and USTC appears to be gaining traction as interest in stablecoins increases. Current price stands at **$0.02260**, with potential for upward movement given recent trading patterns and market sentiment.
**Target Price for October 30:** $0.0250
**Sell Price Recommendation:** $0.0240
The key drivers for this bullish outlook include improved market sentiment toward stablecoins and the overall crypto market recovery. Investors should watch for volume spikes and market trends that could impact USTC’s price movement in the coming days. As always, careful monitoring of market conditions and risk management strategies are advised.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraLunc $USTC
As of today, USTC (TerraClassicUSD) is showing signs of bullish momentum. The cryptocurrency market has been recovering, and USTC appears to be gaining traction as interest in stablecoins increases. Current price stands at **$0.02260**, with potential for upward movement given recent trading patterns and market sentiment.
**Target Price for October 30:** $0.0250
**Sell Price Recommendation:** $0.0240
The key drivers for this bullish outlook include improved market sentiment toward stablecoins and the overall crypto market recovery. Investors should watch for volume spikes and market trends that could impact USTC’s price movement in the coming days. As always, careful monitoring of market conditions and risk management strategies are advised.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraLunc $USTC
$LUNC Today, Terra Classic (LUNC) shows potential bearish signals. Currently priced at $0.00008702, the token faces challenges as market sentiment appears cautious. LUNC’s recent lack of strong upward momentum suggests that investors are hesitant to push for higher prices. Technical indicators highlight a struggle to maintain support levels, with selling pressure testing the lower boundary around $0.000085.
If the market remains bearish, LUNC could drop toward a support target of $0.000082. However, a bullish resurgence with increased volume could shift the trend upward. In that scenario, LUNC could aim for a short-term target price of $0.000090. Still, the overall sentiment suggests that a cautious approach may be best until stronger support or buying momentum appears.
*Sell Price Target:* $0.000085
*Upside Target Price:* $0.000090
#TerraClassicUpgrade #TerraClassicRising #TerraLunc #TerraNetwork $LUNC
If the market remains bearish, LUNC could drop toward a support target of $0.000082. However, a bullish resurgence with increased volume could shift the trend upward. In that scenario, LUNC could aim for a short-term target price of $0.000090. Still, the overall sentiment suggests that a cautious approach may be best until stronger support or buying momentum appears.
*Sell Price Target:* $0.000085
*Upside Target Price:* $0.000090
#TerraClassicUpgrade #TerraClassicRising #TerraLunc #TerraNetwork $LUNC
$REEF has been at the center of controversy in futures trading, where a major FOMO-induced rally led many to open long positions, only to face a sudden and sharp price dump. A similar event occurred on the spot market, causing REEF's price to plunge by over 60%.
At one point, REEF had delivered 15x gains, but the dramatic decline has left investors frustrated. Many REEF holders, especially those on the Paribu exchange, are voicing strong complaints. Unfortunately, their concerns seem to be falling on deaf ears.
Much like the silence surrounding the $LUNA and UST collapse, the market appears to be ignoring the fallout from this event as well, leaving investors to bear the brunt of the losses once again.
---
This version highlights the key points in a more concise way, while maintaining the essence of the situation.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraNetwork #TerraLunc $BTC
At one point, REEF had delivered 15x gains, but the dramatic decline has left investors frustrated. Many REEF holders, especially those on the Paribu exchange, are voicing strong complaints. Unfortunately, their concerns seem to be falling on deaf ears.
Much like the silence surrounding the $LUNA and UST collapse, the market appears to be ignoring the fallout from this event as well, leaving investors to bear the brunt of the losses once again.
---
This version highlights the key points in a more concise way, while maintaining the essence of the situation.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraNetwork #TerraLunc $BTC
LUNC and USTC Price Jumps
Amid the key news, LUNC price climbed 2% in the last 24 hours, with the price currently trading at $0.00009136. The 24-hour low and high are $0.00008905 and $0.00009181, respectively. Moreover, the trading volume has increased by 15% in the past 24 hours, indicating a rise in interest among traders.
Coinglass data indicate 1000LUNC open interest on Binance and Bybit has jumped more than 3% in the past 24 hours. This indicates that derivatives traders are actively buying Terra Luna Classic.
Meanwhile, USTC price climbed more than 4%, with the price now trading at $0.02199. Moreover, the trading volume saw a 32% rise in the last 24 hours.
#TerraClassicUpgrade #TerraClassicRising #terraClassicLunc #TerraLunc #TerraClassicRevival
Amid the key news, LUNC price climbed 2% in the last 24 hours, with the price currently trading at $0.00009136. The 24-hour low and high are $0.00008905 and $0.00009181, respectively. Moreover, the trading volume has increased by 15% in the past 24 hours, indicating a rise in interest among traders.
Coinglass data indicate 1000LUNC open interest on Binance and Bybit has jumped more than 3% in the past 24 hours. This indicates that derivatives traders are actively buying Terra Luna Classic.
Meanwhile, USTC price climbed more than 4%, with the price now trading at $0.02199. Moreover, the trading volume saw a 32% rise in the last 24 hours.
#TerraClassicUpgrade #TerraClassicRising #terraClassicLunc #TerraLunc #TerraClassicRevival
Victimized LUNA and UST Investors Fight for Justice
In the wake of the catastrophic collapse of the Terra ecosystem, LUNA and UST investors find themselves grappling with devastating financial losses. The sudden downfall of these once-promising assets, triggered by UST’s failure to maintain its dollar peg, wiped out billions of dollars in value, leaving investors stranded.
Many investors, some of whom had their life savings tied up in LUNA and UST, have now banded together to seek justice. The collapse has sparked outrage across the global cryptocurrency community, with calls for accountability directed at Terra’s leadership, including founder Do Kwon. Legal actions are being pursued in multiple jurisdictions, with claims alleging mismanagement, negligence, and even fraud.
While regulatory bodies have begun investigating the events surrounding the collapse, many investors are demanding stronger protections for those involved in decentralized finance (DeFi). The Terra incident has underscored the risks associated with algorithmic stablecoins and the vulnerability of unregulated crypto projects.
Despite the uphill battle, affected investors remain committed to ensuring that those responsible for the financial devastation are held accountable. This fight represents a broader movement within the crypto space for increased transparency, regulatory oversight, and protection against future financial disasters.
For now, the pursuit of justice continues, as legal battles unfold and victims seek restitution for their lost investments.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraLunc
In the wake of the catastrophic collapse of the Terra ecosystem, LUNA and UST investors find themselves grappling with devastating financial losses. The sudden downfall of these once-promising assets, triggered by UST’s failure to maintain its dollar peg, wiped out billions of dollars in value, leaving investors stranded.
Many investors, some of whom had their life savings tied up in LUNA and UST, have now banded together to seek justice. The collapse has sparked outrage across the global cryptocurrency community, with calls for accountability directed at Terra’s leadership, including founder Do Kwon. Legal actions are being pursued in multiple jurisdictions, with claims alleging mismanagement, negligence, and even fraud.
While regulatory bodies have begun investigating the events surrounding the collapse, many investors are demanding stronger protections for those involved in decentralized finance (DeFi). The Terra incident has underscored the risks associated with algorithmic stablecoins and the vulnerability of unregulated crypto projects.
Despite the uphill battle, affected investors remain committed to ensuring that those responsible for the financial devastation are held accountable. This fight represents a broader movement within the crypto space for increased transparency, regulatory oversight, and protection against future financial disasters.
For now, the pursuit of justice continues, as legal battles unfold and victims seek restitution for their lost investments.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraLunc
Terra Luna Classic Passes Forked Modules Removal Proposal
Text proposal 12142 “Removal of Forked Modules from Terra Classic” is approved by the Terra Luna Classic community as the votes have surpassed the pass threshold. Developer group OrbitLabs proposes to remove the forked mainline modules from the Terra Luna Classic blockchain to improve maintainability, reduce technical debt, and align with the broader Cosmos ecosystem.
The proposal has received 99.97% “Yes” votes, indicating unanimous support from validators and delegators. It also saw some ‘No with veto’ and ‘Abstain’ votes. Validators such as Allnodes, Stakely, HappyCattyCrypto, and others voted in favor of the proposal.
The forked versions not only raise operational costs but also increase the risk of missing important security updates, the proposal said. OrbitLabs stressed that without action, Terra Luna Classic would face growing security risks, higher expenses, and diminished competitiveness in the evolving crypto landscape. As CoinGape reported, the Terra Classic proposal plan involves two phases, first focuses on updating the consensus engine and the Cosmos SDK. By doing so, Terra Classic will be more in line with the latest security features and innovations from the Cosmos ecosystem.
On the other hand, the second phase will involve upgrading the Wasmd contract system, ensuring compatibility with existing smart contracts, and minimizing disruptions during migration. Notably, if the proposal passes final approval, the timeline includes eight weeks for phase one and another ten weeks for phase two.
#TerraClassicUpgrade #TerraClassicRising #TerraClassicRevival #TerraLunc
Text proposal 12142 “Removal of Forked Modules from Terra Classic” is approved by the Terra Luna Classic community as the votes have surpassed the pass threshold. Developer group OrbitLabs proposes to remove the forked mainline modules from the Terra Luna Classic blockchain to improve maintainability, reduce technical debt, and align with the broader Cosmos ecosystem.
The proposal has received 99.97% “Yes” votes, indicating unanimous support from validators and delegators. It also saw some ‘No with veto’ and ‘Abstain’ votes. Validators such as Allnodes, Stakely, HappyCattyCrypto, and others voted in favor of the proposal.
The forked versions not only raise operational costs but also increase the risk of missing important security updates, the proposal said. OrbitLabs stressed that without action, Terra Luna Classic would face growing security risks, higher expenses, and diminished competitiveness in the evolving crypto landscape. As CoinGape reported, the Terra Classic proposal plan involves two phases, first focuses on updating the consensus engine and the Cosmos SDK. By doing so, Terra Classic will be more in line with the latest security features and innovations from the Cosmos ecosystem.
On the other hand, the second phase will involve upgrading the Wasmd contract system, ensuring compatibility with existing smart contracts, and minimizing disruptions during migration. Notably, if the proposal passes final approval, the timeline includes eight weeks for phase one and another ten weeks for phase two.
#TerraClassicUpgrade #TerraClassicRising #TerraClassicRevival #TerraLunc
Leadership Crisis in the Terra Classic Community: A Call for a New Leader
The Terra Classic (LUNC) community has been grappling with several challenges since the collapse of the original Terra ecosystem. Recent discussions within the community reveal a growing sentiment: the need for strong leadership. With developers and key figures facing internal conflicts, many are calling for a centralized figure to steer the community through this turbulent period.
Several factors contribute to this growing call for leadership. First, the lack of a unified development team has resulted in delays in implementing crucial upgrades. As decentralized governance has its merits, the absence of a guiding hand has led to scattered efforts and inefficiencies. Furthermore, uncertainty around the long-term vision of Terra Classic has left many investors unsure of its future.
The community is also facing pressure to recover from the LUNA crash and rebuild trust. This rebuilding requires clear direction, which has been noticeably absent. Various proposals to revive Terra Classic have been debated, but none have gained unanimous support, further highlighting the community's divisions.
In conclusion, it’s clear that Terra Classic is at a crossroads. A strong leader could unify the development teams, bring clarity to its roadmap, and potentially reinvigorate investor confidence. Without this leadership, the project risks losing momentum and relevance in the competitive crypto landscape.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRevival #TerraLunc
The Terra Classic (LUNC) community has been grappling with several challenges since the collapse of the original Terra ecosystem. Recent discussions within the community reveal a growing sentiment: the need for strong leadership. With developers and key figures facing internal conflicts, many are calling for a centralized figure to steer the community through this turbulent period.
Several factors contribute to this growing call for leadership. First, the lack of a unified development team has resulted in delays in implementing crucial upgrades. As decentralized governance has its merits, the absence of a guiding hand has led to scattered efforts and inefficiencies. Furthermore, uncertainty around the long-term vision of Terra Classic has left many investors unsure of its future.
The community is also facing pressure to recover from the LUNA crash and rebuild trust. This rebuilding requires clear direction, which has been noticeably absent. Various proposals to revive Terra Classic have been debated, but none have gained unanimous support, further highlighting the community's divisions.
In conclusion, it’s clear that Terra Classic is at a crossroads. A strong leader could unify the development teams, bring clarity to its roadmap, and potentially reinvigorate investor confidence. Without this leadership, the project risks losing momentum and relevance in the competitive crypto landscape.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRevival #TerraLunc
$USTC Today, TerraClassicUSD (USTC) is trading at $0.02222, which is a slight improvement from its recent lows. Given the current market conditions, USTC appears to be experiencing a slight bullish momentum, but caution is warranted due to its volatile nature.
**Bullish Case:**
- A potential bullish breakout could occur if USTC surpasses the resistance around $0.023. If this trend holds, the next target could be around $0.025.
**Bearish Case:**
- If market conditions worsen or sentiment changes, a bearish dip could see USTC retrace towards $0.021 or lower.
**Buy Price:** $0.02100 - $0.02150 (for a dip opportunity)
**Sell Price:** $0.02400 - $0.02500 (if bullish momentum holds)
Keep an eye on trading volumes and news developments that could influence USTC’s price action.
$USTC
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraNetwork #TerraLunc
**Bullish Case:**
- A potential bullish breakout could occur if USTC surpasses the resistance around $0.023. If this trend holds, the next target could be around $0.025.
**Bearish Case:**
- If market conditions worsen or sentiment changes, a bearish dip could see USTC retrace towards $0.021 or lower.
**Buy Price:** $0.02100 - $0.02150 (for a dip opportunity)
**Sell Price:** $0.02400 - $0.02500 (if bullish momentum holds)
Keep an eye on trading volumes and news developments that could influence USTC’s price action.
$USTC
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraNetwork #TerraLunc
Shuttle Bridge Closure and Community Optimism
The community’s optimism about LUNC’s future has been further fueled by the closure of the Shuttle Bridge, a key infrastructure component that previously enabled cross-chain transactions. Community member Leonardo, addressed recent questions regarding the shuttle bridge and the anticipated burns.
He stated,
“Today, I was flooded with DMs about the repeg plan/TFL burns. The expected burn didn’t happen, but the good news is the shuttle bridge is now closed. When the bridge burn happens, we’ll adapt.”
With the closure of the Shuttle Bridge, the Terra Classic community now expects an additional burn of LUNC and USTC tokens as part of ongoing efforts to stabilize and support the ecosystem.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRevival #TerraLunc
The community’s optimism about LUNC’s future has been further fueled by the closure of the Shuttle Bridge, a key infrastructure component that previously enabled cross-chain transactions. Community member Leonardo, addressed recent questions regarding the shuttle bridge and the anticipated burns.
He stated,
“Today, I was flooded with DMs about the repeg plan/TFL burns. The expected burn didn’t happen, but the good news is the shuttle bridge is now closed. When the bridge burn happens, we’ll adapt.”
With the closure of the Shuttle Bridge, the Terra Classic community now expects an additional burn of LUNC and USTC tokens as part of ongoing efforts to stabilize and support the ecosystem.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRevival #TerraLunc
Terra Classic Shuttle Bridge Fund Burn Initiative: A Significant Step for #LUNC and #USTC
In a recent announcement regarding the Terra Classic Shuttle Bridge, a substantial amount of funds is set for burning, marking a pivotal moment for the #LUNC and #USTC communities. Over the past 13 days, 253.4 billion LUNC and 176.3 million USTC have been identified for this initiative, which is aimed at reducing the total supply of these tokens and enhancing their long-term value.
This burn will continue until October 30, 2024, with the explicit note that no rights can be claimed by the original owners of these funds. The decision to burn such a significant volume of tokens reflects a strategic move to stabilize and potentially increase the value of LUNC and USTC, instilling greater confidence among investors and stakeholders in the Terra ecosystem.
The community’s response to this initiative has been largely positive, as many see it as a vital step toward the revival of Terra Classic. Burning tokens not only helps in reducing supply but also signals a commitment to fostering a healthier market environment. As the burn process unfolds, the impact on the market dynamics of LUNC and USTC will be closely monitored.
This initiative stands as a testament to the ongoing efforts within the Terra Classic community to recover from previous challenges and forge a path forward. Stakeholders are encouraged to stay informed and participate in discussions as this burn initiative progresses, marking a crucial period for the Terra Classic Shuttle Bridge and its associated tokens.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraNetwork #TerraLunc
In a recent announcement regarding the Terra Classic Shuttle Bridge, a substantial amount of funds is set for burning, marking a pivotal moment for the #LUNC and #USTC communities. Over the past 13 days, 253.4 billion LUNC and 176.3 million USTC have been identified for this initiative, which is aimed at reducing the total supply of these tokens and enhancing their long-term value.
This burn will continue until October 30, 2024, with the explicit note that no rights can be claimed by the original owners of these funds. The decision to burn such a significant volume of tokens reflects a strategic move to stabilize and potentially increase the value of LUNC and USTC, instilling greater confidence among investors and stakeholders in the Terra ecosystem.
The community’s response to this initiative has been largely positive, as many see it as a vital step toward the revival of Terra Classic. Burning tokens not only helps in reducing supply but also signals a commitment to fostering a healthier market environment. As the burn process unfolds, the impact on the market dynamics of LUNC and USTC will be closely monitored.
This initiative stands as a testament to the ongoing efforts within the Terra Classic community to recover from previous challenges and forge a path forward. Stakeholders are encouraged to stay informed and participate in discussions as this burn initiative progresses, marking a crucial period for the Terra Classic Shuttle Bridge and its associated tokens.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraNetwork #TerraLunc
Community Resilience
One of the crucial factors that could contribute to the potential recovery of Luna Classic is the resilience and dedication of its community. Despite the challenges and setbacks, the Luna Classic community remains actively engaged and passionate about the coin's future.
Community members have been vocal advocates for Luna Classic, promoting its potential and actively participating in initiatives such as the burn program.
This level of community support and involvement can have a significant impact on the success of a cryptocurrency. A strong and vibrant community can drive adoption, increase liquidity, and attract new investors to the coin.
Future Developments and Technological Advancements
The future of Luna Classic hinges not only on community support but also on the pace of protocol development and technological advancements within the Terra ecosystem.
The team behind Luna Classic is continuously working on improving the protocol and addressing the challenges that led to the collapse of the Terra ecosystem.
In addition to the burn program, the Luna Classic community is exploring other initiatives and upgrades that could enhance the functionality and value proposition of the coin.
These developments include proposals related to re-pegging stablecoins, reducing the LUNC staking nondelegation period, and implementing new features to attract users and developers to the Terra Classic blockchain.
The success of these future developments will ultimately determine the long-term prospects of Luna Classic and its potential to reach $1.
It's crucial for the team to strike a balance between innovation, community engagement, and addressing the challenges that led to the collapse of the Terra ecosystem.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraNetwork #TerraLunc
One of the crucial factors that could contribute to the potential recovery of Luna Classic is the resilience and dedication of its community. Despite the challenges and setbacks, the Luna Classic community remains actively engaged and passionate about the coin's future.
Community members have been vocal advocates for Luna Classic, promoting its potential and actively participating in initiatives such as the burn program.
This level of community support and involvement can have a significant impact on the success of a cryptocurrency. A strong and vibrant community can drive adoption, increase liquidity, and attract new investors to the coin.
Future Developments and Technological Advancements
The future of Luna Classic hinges not only on community support but also on the pace of protocol development and technological advancements within the Terra ecosystem.
The team behind Luna Classic is continuously working on improving the protocol and addressing the challenges that led to the collapse of the Terra ecosystem.
In addition to the burn program, the Luna Classic community is exploring other initiatives and upgrades that could enhance the functionality and value proposition of the coin.
These developments include proposals related to re-pegging stablecoins, reducing the LUNC staking nondelegation period, and implementing new features to attract users and developers to the Terra Classic blockchain.
The success of these future developments will ultimately determine the long-term prospects of Luna Classic and its potential to reach $1.
It's crucial for the team to strike a balance between innovation, community engagement, and addressing the challenges that led to the collapse of the Terra ecosystem.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraNetwork #TerraLunc
$USTC USTC (TerraClassicUSD) Analysis - October 27, 2024
**Current Price:** $0.02310
**Target Price for November 1, 2024:** $0.0250
**Buy Price:** $0.0220
**Market Sentiment: Bullish**
USTC has shown signs of recovery amid a broader market uptrend. The recent increase in trading volume and interest in DeFi projects has positively impacted USTC. As market sentiment shifts toward risk-on assets, USTC could benefit from speculative trading and potential positive news surrounding the Terra ecosystem.
Investors should watch for any significant developments or partnerships that could further boost confidence in USTC. A breach above $0.0250 could signal continued upward momentum, making $0.0220 a strategic entry point for potential gains.
Article Summary
The sentiment around USTC is improving as the market turns bullish, with traders eyeing a target price of $0.0250. A strategic buy at $0.0220 could yield positive returns as the coin aligns with the growing interest in the Terra ecosystem.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraLunc $USTC
**Current Price:** $0.02310
**Target Price for November 1, 2024:** $0.0250
**Buy Price:** $0.0220
**Market Sentiment: Bullish**
USTC has shown signs of recovery amid a broader market uptrend. The recent increase in trading volume and interest in DeFi projects has positively impacted USTC. As market sentiment shifts toward risk-on assets, USTC could benefit from speculative trading and potential positive news surrounding the Terra ecosystem.
Investors should watch for any significant developments or partnerships that could further boost confidence in USTC. A breach above $0.0250 could signal continued upward momentum, making $0.0220 a strategic entry point for potential gains.
Article Summary
The sentiment around USTC is improving as the market turns bullish, with traders eyeing a target price of $0.0250. A strategic buy at $0.0220 could yield positive returns as the coin aligns with the growing interest in the Terra ecosystem.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraLunc $USTC
Uncertainty continues regarding Terra Station. We do not think Terra Station will close, but we need to consider alternatives.
Galaxy Station and Kelpr Wallet are strong alternatives for $LUNC staking transactions.
▪️ Galaxy Station has an Android app. It was announced that the iOS app is now ready and will be available for download from the Apple Store soon.
The former Terra Rebels (Hexxagon) brought Galaxy Station to the Terra Classic community. It is now clear how important a role it has taken on.
#TerraClassicUpgrade #terraClassicLunc #TerraNetwork #TerraNetwork #TerraLunc
Galaxy Station and Kelpr Wallet are strong alternatives for $LUNC staking transactions.
▪️ Galaxy Station has an Android app. It was announced that the iOS app is now ready and will be available for download from the Apple Store soon.
The former Terra Rebels (Hexxagon) brought Galaxy Station to the Terra Classic community. It is now clear how important a role it has taken on.
#TerraClassicUpgrade #terraClassicLunc #TerraNetwork #TerraNetwork #TerraLunc
Terra (LUNC) and (LUNA) Prices React to SEC Lawsuit
Increased Market Activity in LUNC Signals Volatility
The recent increase in LUNC trading volume indicates heightened investor interest and greater volatility. Key support at $0.000094 may help boost the price if volume growth slows. On the other hand, LUNA’s resistance level at $0.360 may break if trading volume remains strong.
The U.S. Securities and Exchange Commission (SEC) is now facing Terra Labs in a legal battle, drawing investors’ attention to the price developments of Terra Classic (LUNC) and Terra (#LUNA✅ ). With new legal scrutiny, investors are closely watching price movements and recent trends.
LUNC’s Volume and Price Momentum
LUNC has recently shown an upward trend, rising by 4.43% to $0.0000919 in recent days. This increase follows a consolidation period, suggesting renewed investor interest.
Trading volume has surged by 140.46%, indicating increased market activity. This higher activity often signals an increase in buying or selling pressure, which can lead to greater volatility. Key levels for LUNC include support at $0.000094, which has held during previous consolidations. The $0.000092 level has also acted as a “safety net” during previous downtrends.
Resistance at $0.000098 remains a key barrier for further growth. If LUNC surpasses this, the next psychological threshold is at $0.00010, often associated with increased market activity.
If high trading volume continues, LUNC may attempt to break the resistance level of $0.00010. However, if volume declines, it could return to testing lower supports. The trading volume of LUNC, which is 9.75% of its market cap, further underscores the asset’s volatility and indicates strong investor confidence.
LUNA’s Price Action and Potential Resistance
Over the past 24 hours, the price of Terra (LUNA) has increased by 1.78%, with its value around $0.3596. This rise follows a consolidation period, indicating renewed momentum.
Trading volume for LUNA has also surged by 93.03%, which could signal increased interest in trading. These volume spikes often suggest a potential trend shift, as rising volume can precede price movements either up or down. Key support for LUNA is at $0.3532, which has helped stabilize prices during recent declines, while stronger support at $0.345 has historically prevented further downward movement.
Conversely, $0.360 currently acts as a resistance level. A breakthrough here could open the way to $0.365, which marks a recent high. If trading volume remains strong, LUNA could challenge this upper resistance. However, a drop in volume could lead to a price return toward support at $0.3532.
Technical Indicators and Implications for LUNC and LUNA
The current trading volume-to-market cap ratio of LUNC at 9.75% points to active trading and strong market confidence. Similarly, LUNA’s ratio of 15.83% indicates sustained interest in this token.
A continued rise in trading volume could help both LUNC and LUNA break their immediate resistance levels. However, if volume momentum weakens, both assets may retreat and test their key support zones.
#TerraLunc , #LUNAUpdate , #Lunapriceanalysis , #SECCryptoRegulation
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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
The recent increase in LUNC trading volume indicates heightened investor interest and greater volatility. Key support at $0.000094 may help boost the price if volume growth slows. On the other hand, LUNA’s resistance level at $0.360 may break if trading volume remains strong.
The U.S. Securities and Exchange Commission (SEC) is now facing Terra Labs in a legal battle, drawing investors’ attention to the price developments of Terra Classic (LUNC) and Terra (#LUNA✅ ). With new legal scrutiny, investors are closely watching price movements and recent trends.
LUNC’s Volume and Price Momentum
LUNC has recently shown an upward trend, rising by 4.43% to $0.0000919 in recent days. This increase follows a consolidation period, suggesting renewed investor interest.
Trading volume has surged by 140.46%, indicating increased market activity. This higher activity often signals an increase in buying or selling pressure, which can lead to greater volatility. Key levels for LUNC include support at $0.000094, which has held during previous consolidations. The $0.000092 level has also acted as a “safety net” during previous downtrends.
Resistance at $0.000098 remains a key barrier for further growth. If LUNC surpasses this, the next psychological threshold is at $0.00010, often associated with increased market activity.
If high trading volume continues, LUNC may attempt to break the resistance level of $0.00010. However, if volume declines, it could return to testing lower supports. The trading volume of LUNC, which is 9.75% of its market cap, further underscores the asset’s volatility and indicates strong investor confidence.
LUNA’s Price Action and Potential Resistance
Over the past 24 hours, the price of Terra (LUNA) has increased by 1.78%, with its value around $0.3596. This rise follows a consolidation period, indicating renewed momentum.
Trading volume for LUNA has also surged by 93.03%, which could signal increased interest in trading. These volume spikes often suggest a potential trend shift, as rising volume can precede price movements either up or down. Key support for LUNA is at $0.3532, which has helped stabilize prices during recent declines, while stronger support at $0.345 has historically prevented further downward movement.
Conversely, $0.360 currently acts as a resistance level. A breakthrough here could open the way to $0.365, which marks a recent high. If trading volume remains strong, LUNA could challenge this upper resistance. However, a drop in volume could lead to a price return toward support at $0.3532.
Technical Indicators and Implications for LUNC and LUNA
The current trading volume-to-market cap ratio of LUNC at 9.75% points to active trading and strong market confidence. Similarly, LUNA’s ratio of 15.83% indicates sustained interest in this token.
A continued rise in trading volume could help both LUNC and LUNA break their immediate resistance levels. However, if volume momentum weakens, both assets may retreat and test their key support zones.
#TerraLunc , #LUNAUpdate , #Lunapriceanalysis , #SECCryptoRegulation
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
$LUNA For LUNA (Terra), as of the current price of $0.3844, the sentiment can vary depending on the market conditions today.
**Bullish Scenario:**
- If LUNA gains momentum and surpasses resistance levels, it could push toward a target price of around **$0.42** or higher.
- In this scenario, the buy zone would be around **$0.38–$0.39**, with an ideal sell target at **$0.42–$0.45**.
**Bearish Scenario:**
- If LUNA faces selling pressure, it could drop toward **$0.36**.
- A potential buy range could be between **$0.36–$0.38**, with a sell target below resistance levels at around **$0.37–$0.38** to avoid further losses.
Monitoring the market today is key for precise timing.
$LUNA
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraNetwork #TerraLunc
**Bullish Scenario:**
- If LUNA gains momentum and surpasses resistance levels, it could push toward a target price of around **$0.42** or higher.
- In this scenario, the buy zone would be around **$0.38–$0.39**, with an ideal sell target at **$0.42–$0.45**.
**Bearish Scenario:**
- If LUNA faces selling pressure, it could drop toward **$0.36**.
- A potential buy range could be between **$0.36–$0.38**, with a sell target below resistance levels at around **$0.37–$0.38** to avoid further losses.
Monitoring the market today is key for precise timing.
$LUNA
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraNetwork #TerraLunc
This is Terra Lunc, yes I'm expecting it to go high than what I saw now! I was expecting it to hit 0.00008 or 0.00009 today !I'm bullish on it and I will invest what I can afford to loss 😁!How do you see it my binance family?
#cryptocurrency #TerraLunc #BinanceSquare #futureMoney #trading
#cryptocurrency #TerraLunc #BinanceSquare #futureMoney #trading