The LUNC community burned 1 billion tokens. How long until the $0.01 target?
The Terra Classic (LUNC) community remains steadfast in its commitment to reach the $0.01 goal, demonstrating significant progress by submitting over a billion LUNC tokens to burn within seven days.
Recently, user CryptoBull, who is a member of the LUNC community, stated that the digital asset is unstoppable amid the increase in LUNC burning and staking. In particular, he drew attention to the fact that in the period from January 17 to January 24, 1,117,048,514 tokens were withdrawn from circulation.
Terra Classic Stakebin data confirms the accuracy of the LUNC supporter's information. Additionally, Stakebin statistics showed that over 25,961,527 tokens were burned in the last 24 hours.
Given the increased LUNC burning activity, community members are increasingly confident that a rise to $0.01 is becoming more realistic. LUNC is currently trading at $0.000102, up 1.5% over the past 24 hours. To rise to $0.01 from the current price would require an increase of 9810%. #LUNC✅#LunaTerraClassic
Will LUNC Price Hold Above $0.0001?Terra Classic Price Could Fall 15% Amid Broad Market Correction
The potential reversal draws attention to the price of Terra Classic (LUNC), expecting a surge to $0.00020.
HIGHLIGHTS OF HISTORY
1. LUNC price reversal falls below $0.00015 and tests the 200-day EMA.
2.The bullish trend continues as the rising support line remains unchanged.
3. Intraday trading volume for LUNC coin is $797 million, indicating a loss of 1.7%.
Terra Classic Price: The recovery trend of Terra Classic (LUNC) is failing as the recent reversal from the dynamic resistance of the 20-day EMA coincides with a broader sell-off in the market. However, with LUNC price holding above the 200-day EMA and uptrend support line, the altcoin is projecting a potential recovery in the near future.
Given the possibility of a bullish reversal, will LUNC prices surpass $0.00020 when Bitcoin halves?
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The number of#LUNChits has reached 110 billion units.🔥 ▪️Coupled with @Binance closures that occurred at the beginning of the month, the total number of $LUNC closures reached 109,731,926 434#LUNC✅
#LUNC✅ Terra Luna Classic demonstrates the stability of market indicators
Terra Luna Classic (LUNC) has demonstrated remarkable resilience and market growth in recent months. However, the price of LUNC has undergone fluctuations recently, as evidenced by a slight downward trend. Terra Classic's price currently sits at $0.0001537, reflecting a drop of over 5% in the last day
LUNC Price Movement
LUNC's market value currently stands at an impressive $899 million, confirming its dominance as the 122nd cryptocurrency in the market. Over the past 24 hours, after a minor market correction, there was a significant decrease in trading volume by 37%, which reached $67 million. Since the beginning of March, the price of Terra Luna Classic has increased significantly, recording a 20% increase compared to the previous month. Over the past week, its price has fluctuated between $0.00013 and $0.00017, which may indicate an uptrend despite minor setbacks, with a gain of 19%.
Tomorrow the Terra Luna Classic network will see a major update to version 2.4.2. The implementation of IBC-Hooks is a key feature that will allow you to connect dApps to Terra Luna Classic.
Moreover, Genuine Labs will announce several key updates to improve security, functionality, and compatibility. The development team planned to complete all development in 8 weeks, including the Cosmos SDK 0.47 update.
The developments, coupled with the increase in the total number of wallets containing LUNC, indicate an optimistic mood for the network as developers and projects plan to work on Terra Classic.