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Meet the man who shorted $LUNA at $90 👀
Here's a rewritten version of the text:
Meet the Man Who Shorted $LUNA at $90 🔥
In a daring move, a savvy investor shorted Terra's $LUNA at a staggering $90. This bold bet against the market has left many wondering who this mysterious trader is and what inspired their decision.
The Trader's Story 📈
Meet [Name], a seasoned trader with a keen eye for market trends. With years of experience under his belt, [Name] has developed a unique ability to spot potential pitfalls in the crypto market.
The $LUNA Short 🚨
So, what led [Name] to short $LUNA at $90? In an exclusive interview, [Name] revealed that he had been monitoring Terra's ecosystem for months, noticing red flags that suggested an impending collapse.
"I saw the warning signs, and I knew it was only a matter of time before $LUNA's price plummeted," [Name] explained. "I decided to take a calculated risk and short the market."
The Aftermath 🌪️
As we now know, $LUNA's price did indeed collapse, plummeting to near zero. [Name]'s bold short position paid off, earning him a substantial profit.
Lessons Learned 📚
So, what can we learn from [Name]'s daring trade?
1. Stay vigilant: Monitor market trends and watch for red flags.
2. Do your research: Stay informed about the projects you invest in.
3. Manage risk: Never risk more than you can afford to lose.
Conclusion 🔥
[Name]'s story serves as a reminder that even in the unpredictable world of crypto, careful analysis and calculated risk-taking can lead to substantial rewards.
Disclaimer: 🚨
- Trading and investing in cryptocurrencies carry inherent risks.
- This story is for informational purposes only and should not be considered as investment advice.
- Always do your own research (DYOR) and consider your risk tolerance before investing or trading.
#Luna
Meet the Man Who Shorted $LUNA at $90 🔥
In a daring move, a savvy investor shorted Terra's $LUNA at a staggering $90. This bold bet against the market has left many wondering who this mysterious trader is and what inspired their decision.
The Trader's Story 📈
Meet [Name], a seasoned trader with a keen eye for market trends. With years of experience under his belt, [Name] has developed a unique ability to spot potential pitfalls in the crypto market.
The $LUNA Short 🚨
So, what led [Name] to short $LUNA at $90? In an exclusive interview, [Name] revealed that he had been monitoring Terra's ecosystem for months, noticing red flags that suggested an impending collapse.
"I saw the warning signs, and I knew it was only a matter of time before $LUNA's price plummeted," [Name] explained. "I decided to take a calculated risk and short the market."
The Aftermath 🌪️
As we now know, $LUNA's price did indeed collapse, plummeting to near zero. [Name]'s bold short position paid off, earning him a substantial profit.
Lessons Learned 📚
So, what can we learn from [Name]'s daring trade?
1. Stay vigilant: Monitor market trends and watch for red flags.
2. Do your research: Stay informed about the projects you invest in.
3. Manage risk: Never risk more than you can afford to lose.
Conclusion 🔥
[Name]'s story serves as a reminder that even in the unpredictable world of crypto, careful analysis and calculated risk-taking can lead to substantial rewards.
Disclaimer: 🚨
- Trading and investing in cryptocurrencies carry inherent risks.
- This story is for informational purposes only and should not be considered as investment advice.
- Always do your own research (DYOR) and consider your risk tolerance before investing or trading.
#Luna
iJustFarted:
can we stop this ai generated shit
See original
The Epic Conclusion of Do Kwon: From Crypto Genius to Global Extradition, the Storm in the Altcoin Market has Only Just Begun!
This is big news! Montenegro has completed the extradition of Terraform Labs co-founder Do Kwon, the 'mythical figure' in the cryptocurrency world is now officially handed over to the United States. Montenegro claims this is a demonstration of 'respecting the rule of law', but let's be honest, this is actually them getting rid of this hot potato while showing the world, 'No matter how far you run, you can't escape the long arm of the law!'
Who is Do Kwon? He was a star in the crypto world, with TerraUSD and LUNA as his trademarks, but in 2022, everything turned into a disaster. A loss of 40 billion dollars! Yes, you heard it right, 40 billion! This was a complete financial collapse, and the mastermind behind it all is this 'algorithmic stablecoin' master. Now, he not only has to face charges in New York, but South Korea has long been waiting for him. Two major judicial systems are focused on one person, and that's not a treatment that just anyone can enjoy!
Who is Do Kwon? He was a star in the crypto world, with TerraUSD and LUNA as his trademarks, but in 2022, everything turned into a disaster. A loss of 40 billion dollars! Yes, you heard it right, 40 billion! This was a complete financial collapse, and the mastermind behind it all is this 'algorithmic stablecoin' master. Now, he not only has to face charges in New York, but South Korea has long been waiting for him. Two major judicial systems are focused on one person, and that's not a treatment that just anyone can enjoy!
US Authorities Take Terraform Labs Founder
Montenegro extradited Do Kwon to the US on December 31 to stand prosecution for Terraform Labs' 2022 failure. On Tuesday morning, the interior ministry concluded the extradition process, according to The Korean Herald.
The report said that Do Kwon was “handed to the competent law enforcement authorities of the United States of America and agents of the Federal Bureau of Investigation (FBI)” for “criminal proceedings in the US for crimes of conspiracy to commit fraud.”
Last Monday, Montenegro's Justice Minister Bojan Božović issued an order for Do Kwon's extradition to the US, rejecting South Korea's plea.
According to local press, “The Department of Justice has considered all the facts and circumstances and assessed criteria” and decided to extradite the Terraform Labs co-founder to the US.
Since most of the law's criteria support the competent authorities of the United States of America's extradition request, the Minister of Justice has issued a decision allowing Kwon Do Hyeong's extradition to the US while refusing extradition to Korea.
Do Kwon's Montenegrin attorneys blasted the Minister of Justice's decision and said they will “appeal to the country's constitutional court and to the European Court of Human Rights.”
Do Kwon's Montenegro Tale
Montenegro held the South Korean entrepreneur for nearly a year and a half. He and Terraform Lab's former finance officer Han Chang-joon were arrested in March 2023 for trying to use fake travel papers at Podgorica airport.
His arrest followed months of leaving his native country and Singapore before Terraform Labs went bankrupt. The Federal Reserve Board said that the business lost “around $50 billion worth of the network’s two asset offerings, TerraUSD (UST) and Luna (LUNA), in the span of a week,” one of the greatest crypto crashes.
Do Kwon was sentenced to four months in Montenegro and given two months at the US and South Korean request.
#TerraLuna #DoKwon #FBI #Luna $LUNA $LUNC $USTC
Montenegro extradited Do Kwon to the US on December 31 to stand prosecution for Terraform Labs' 2022 failure. On Tuesday morning, the interior ministry concluded the extradition process, according to The Korean Herald.
The report said that Do Kwon was “handed to the competent law enforcement authorities of the United States of America and agents of the Federal Bureau of Investigation (FBI)” for “criminal proceedings in the US for crimes of conspiracy to commit fraud.”
Last Monday, Montenegro's Justice Minister Bojan Božović issued an order for Do Kwon's extradition to the US, rejecting South Korea's plea.
According to local press, “The Department of Justice has considered all the facts and circumstances and assessed criteria” and decided to extradite the Terraform Labs co-founder to the US.
Since most of the law's criteria support the competent authorities of the United States of America's extradition request, the Minister of Justice has issued a decision allowing Kwon Do Hyeong's extradition to the US while refusing extradition to Korea.
Do Kwon's Montenegrin attorneys blasted the Minister of Justice's decision and said they will “appeal to the country's constitutional court and to the European Court of Human Rights.”
Do Kwon's Montenegro Tale
Montenegro held the South Korean entrepreneur for nearly a year and a half. He and Terraform Lab's former finance officer Han Chang-joon were arrested in March 2023 for trying to use fake travel papers at Podgorica airport.
His arrest followed months of leaving his native country and Singapore before Terraform Labs went bankrupt. The Federal Reserve Board said that the business lost “around $50 billion worth of the network’s two asset offerings, TerraUSD (UST) and Luna (LUNA), in the span of a week,” one of the greatest crypto crashes.
Do Kwon was sentenced to four months in Montenegro and given two months at the US and South Korean request.
#TerraLuna #DoKwon #FBI #Luna $LUNA $LUNC $USTC
Sahan-same:
Great respect
See original
In the AI track
5 AI-Agent applications made the list
#ai16z Market value 1.8 billion USD
#aixbt Market value 550 million USD
#LUNA Market value 14 million USD
#OBOT Market value 900 thousand USD
#ZB Market value 800 thousand USD
According to ZB's official Twitter, ZeroByte aims to do more than just a Telegal bot
For the 4 AI projects mentioned above, ZB has them all
What they don't have, ZB also has
It can be said that currently ZB is at the forefront of all AI projects
Everyone can take a position
5 AI-Agent applications made the list
#ai16z Market value 1.8 billion USD
#aixbt Market value 550 million USD
#LUNA Market value 14 million USD
#OBOT Market value 900 thousand USD
#ZB Market value 800 thousand USD
According to ZB's official Twitter, ZeroByte aims to do more than just a Telegal bot
For the 4 AI projects mentioned above, ZB has them all
What they don't have, ZB also has
It can be said that currently ZB is at the forefront of all AI projects
Everyone can take a position
B_believer:
If you missed#virtualand #ai16z, you can check out #swarms, an enterprise-level AI agent solution framework that has been in stable development and operation for 3 years.
LUNC to the Moon? Here’s Why Terra Classic ($LUNC) Still Shines! 🚀
Terra Classic (LUNC) remains one of the most talked-about tokens in the crypto space, even after the infamous UST/LUNA collapse. Once the heart of the Terra ecosystem, $LUNC is now making waves as a comeback story fueled by community efforts, use cases, and a native burn mechanism. But does it have the potential to soar once again? Let’s break it down. 🌕
What is Terra Classic (LUNC)?
LUNC, previously known as Terra ($LUNA ), is the original governance token of the Terra ecosystem. While its value took a massive hit during the UST/LUNA collapse, LUNC has retained relevance as a payment token, a governance asset, and a burn-enabled cryptocurrency.
Here’s what LUNC is used for today:
1. Staking and Governance: Participate in decision-making and secure the network.
2. Payment Token: Transactions within the Terra ecosystem.
3. Native Burn Mechanism: Reduces supply to create upward price pressure.
Burning LUNC: The Key to a Comeback?
One of the most exciting aspects of LUNC is its native burn mechanism, which aims to gradually reduce the token’s massive supply. Here’s the progress so far:
Total Burned (as of Dec 30): 394.46 billion tokens.
Burned This Week: 286,952,085 tokens.
Circulating Supply: 6.5 trillion tokens.
Who’s Leading the Burn Movement?
The LUNC burn effort has been largely driven by community initiatives and contributions from key projects.
Top 3 Burners:
1. Binance:
Total Burned: 68.39B
Contribution: 17.3%
2. DFLUNC Protocol:
Total Burned: 4.51B
Contribution: 1.1%
3. Lunatics Token:
Total Burned: 1.97B
Contribution: 0.5%
These efforts demonstrate the community’s commitment to reducing supply and potentially increasing LUNC’s value over time.
LUNC Key Price Metrics
Here’s a snapshot of LUNC’s performance as of now:
Current Price: US$0.00011161
24 Hour High: US$0.00011437
24 Hour Low: US$0.00010915
All-Time High (ATH): US$119.18
All-Time Low (ATL): US$0.000000999967
% from ATL: 11,098%
Market Cap: US$615M
Volume/Market Cap: 3.98%
Fully Diluted Market Cap: US$727M
Can LUNC Make a Comeback?
While LUNC is far from its all-time high, the combination of a committed community, a functioning burn mechanism, and real-world utility keeps it relevant. The burn mechanism alone demonstrates its potential to reduce the massive circulating supply over time, creating opportunities for price appreciation.
What Could Drive LUNC’s Growth?
1. Increased Burns: More tokens burned means a reduced supply and potential price growth.
2. Community Efforts: A strong, engaged community is the backbone of LUNC.
3. Renewed Ecosystem Use Cases: Expanding LUNC’s role as a payment and governance token can attract new users.
Final Thoughts: To the Moon? 🌕
While LUNC’s journey to the moon may seem like a distant dream, its resilience and the dedication of its community are undeniable. With over 394.46B tokens burned and growing, the roadmap for Terra Classic’s revival is being paved one step at a time.
Whether it’s staking, governance, or reducing the circulating supply, LUNC is a reminder that in the world of crypto, comebacks are always possible. So, the question isn’t whether LUNC can make a comeback—it’s when.
Join the movement. Hold strong. Burn on. LUNC to the moon! 🚀
#LUNCToTheMoon #LUNA #TerraClassic #CryptoBurns #Binance
$LUNC
$LUNA
What is Terra Classic (LUNC)?
LUNC, previously known as Terra ($LUNA ), is the original governance token of the Terra ecosystem. While its value took a massive hit during the UST/LUNA collapse, LUNC has retained relevance as a payment token, a governance asset, and a burn-enabled cryptocurrency.
Here’s what LUNC is used for today:
1. Staking and Governance: Participate in decision-making and secure the network.
2. Payment Token: Transactions within the Terra ecosystem.
3. Native Burn Mechanism: Reduces supply to create upward price pressure.
Burning LUNC: The Key to a Comeback?
One of the most exciting aspects of LUNC is its native burn mechanism, which aims to gradually reduce the token’s massive supply. Here’s the progress so far:
Total Burned (as of Dec 30): 394.46 billion tokens.
Burned This Week: 286,952,085 tokens.
Circulating Supply: 6.5 trillion tokens.
Who’s Leading the Burn Movement?
The LUNC burn effort has been largely driven by community initiatives and contributions from key projects.
Top 3 Burners:
1. Binance:
Total Burned: 68.39B
Contribution: 17.3%
2. DFLUNC Protocol:
Total Burned: 4.51B
Contribution: 1.1%
3. Lunatics Token:
Total Burned: 1.97B
Contribution: 0.5%
These efforts demonstrate the community’s commitment to reducing supply and potentially increasing LUNC’s value over time.
LUNC Key Price Metrics
Here’s a snapshot of LUNC’s performance as of now:
Current Price: US$0.00011161
24 Hour High: US$0.00011437
24 Hour Low: US$0.00010915
All-Time High (ATH): US$119.18
All-Time Low (ATL): US$0.000000999967
% from ATL: 11,098%
Market Cap: US$615M
Volume/Market Cap: 3.98%
Fully Diluted Market Cap: US$727M
Can LUNC Make a Comeback?
While LUNC is far from its all-time high, the combination of a committed community, a functioning burn mechanism, and real-world utility keeps it relevant. The burn mechanism alone demonstrates its potential to reduce the massive circulating supply over time, creating opportunities for price appreciation.
What Could Drive LUNC’s Growth?
1. Increased Burns: More tokens burned means a reduced supply and potential price growth.
2. Community Efforts: A strong, engaged community is the backbone of LUNC.
3. Renewed Ecosystem Use Cases: Expanding LUNC’s role as a payment and governance token can attract new users.
Final Thoughts: To the Moon? 🌕
While LUNC’s journey to the moon may seem like a distant dream, its resilience and the dedication of its community are undeniable. With over 394.46B tokens burned and growing, the roadmap for Terra Classic’s revival is being paved one step at a time.
Whether it’s staking, governance, or reducing the circulating supply, LUNC is a reminder that in the world of crypto, comebacks are always possible. So, the question isn’t whether LUNC can make a comeback—it’s when.
Join the movement. Hold strong. Burn on. LUNC to the moon! 🚀
#LUNCToTheMoon #LUNA #TerraClassic #CryptoBurns #Binance
$LUNC
$LUNA
Khang2022:
Someone know why $LUNC can not move high????
See original
The creator of Luna and UST, Do Kwon, will be extradited to the U.S.! After the collapse of his crypto empire and the loss of billions, the entrepreneur faces multiple charges of fraud. Could this be the end of one of the largest falls in the crypto market? His case joins that of Bankman-Fried and Binance. #LUNA #usa
See original
Do Kwon has been extradited to the US.
It is being shared that Do Kwon has been detained by US authorities.
We can now say that Do Kwon is in the US. We can say that a new era is beginning for #LUNC , #USTC and #LUNA .
The Do Kwon issue will now be resolved.
#Terra #TerraClassic $LUNC
It is being shared that Do Kwon has been detained by US authorities.
We can now say that Do Kwon is in the US. We can say that a new era is beginning for #LUNC , #USTC and #LUNA .
The Do Kwon issue will now be resolved.
#Terra #TerraClassic $LUNC
Feed-Creator-e78d5f9f7:
He starts working on Tuesday, his statement is taken and he is released. He paid the money, this is how US justice works.
"🚨 Terra (LUNA): The $40 Billion Crypto Collapse That Shook the World 🌍 | Lessons."
The Terra $BTC
(LUNA) collapse serves as a stark reminder of the volatility and risks in the cryptocurrency world. For traders looking to navigate the aftermath and make informed decisions, $SOL
here’s a roadmap to action and predictions for the future:
What’s Next for Crypto Traders?
Focus on Established Projects:Avoid algorithmic stablecoins for now. Stick with reliable assets like Bitcoin (BTC) and Ethereum (ETH) with proven stability.$ETH Diversify into blue-chip tokens that have survived market downturns and remain in active development.Learn from the Collapse:Prioritize due diligence when investing in new projects. Understand the tokenomics, underlying technology, and real-world use cases.Avoid projects with unsustainable yields (e.g., Anchor’s 20% APY on UST) that may indicate a bubble.Consider Stable and Transparent DeFi Platforms:Use platforms that offer full transparency in reserves and are backed by audited assets (e.g., DAI, USDC).Legal and Regulatory Awareness:Monitor regulations emerging from the Terra crash. These could impact the crypto market broadly, especially for stablecoins and DeFi projects.
💯 Pure Predictions for 2024
Increased Regulation:Expect stricter global regulations on stablecoins and DeFi platforms. Projects that fail to comply may lose user trust or face shutdowns.Recovery for Bitcoin and Ethereum:Bitcoin could test $40,000 in 2024 if macroeconomic conditions stabilize and institutional interest grows.Ethereum’s next upgrade could drive the price toward $3,000-$3,500, given its strong developer community and adoption.Emerging Trends in DeFi:Look out for decentralized finance projects focusing on real-world asset tokenization (e.g., real estate, commodities). These may lead the next wave of innovation.Focus on Utility:Projects offering real-world utility and partnerships with major industries will gain traction. Examples include Polygon (MATIC) for scalability and Chainlink (LINK) for smart contract integration.
Actionable Steps for Traders
Diversify Your Portfolio:Hold a mix of cryptocurrencies (BTC, ETH), stablecoins (USDC), and alternative investments like gold or real estate-backed tokens.Use Dollar-Cost Averaging (DCA):Invest gradually over time to minimize risk in volatile markets.Stay Informed:Keep track of regulatory developments and project updates through reliable crypto news sources and community discussions.Set Stop-Loss Orders:Protect your portfolio from drastic losses by automating exit points during market dips.
The Terra crash showed that the crypto market is both highly rewarding and brutally unforgiving. Traders must prioritize research, risk management, and adaptability to succeed. Do you need deeper insights into specific tokens or trading strategies?
#CryptoScandal #TerraCollapse #LUNA #USTCrash #DeFiRisk #CryptoNews #InvestSmart #Blockchain #CryptoLessons #MarketVolatility
(LUNA) collapse serves as a stark reminder of the volatility and risks in the cryptocurrency world. For traders looking to navigate the aftermath and make informed decisions, $SOL
here’s a roadmap to action and predictions for the future:
What’s Next for Crypto Traders?
Focus on Established Projects:Avoid algorithmic stablecoins for now. Stick with reliable assets like Bitcoin (BTC) and Ethereum (ETH) with proven stability.$ETH Diversify into blue-chip tokens that have survived market downturns and remain in active development.Learn from the Collapse:Prioritize due diligence when investing in new projects. Understand the tokenomics, underlying technology, and real-world use cases.Avoid projects with unsustainable yields (e.g., Anchor’s 20% APY on UST) that may indicate a bubble.Consider Stable and Transparent DeFi Platforms:Use platforms that offer full transparency in reserves and are backed by audited assets (e.g., DAI, USDC).Legal and Regulatory Awareness:Monitor regulations emerging from the Terra crash. These could impact the crypto market broadly, especially for stablecoins and DeFi projects.
💯 Pure Predictions for 2024
Increased Regulation:Expect stricter global regulations on stablecoins and DeFi platforms. Projects that fail to comply may lose user trust or face shutdowns.Recovery for Bitcoin and Ethereum:Bitcoin could test $40,000 in 2024 if macroeconomic conditions stabilize and institutional interest grows.Ethereum’s next upgrade could drive the price toward $3,000-$3,500, given its strong developer community and adoption.Emerging Trends in DeFi:Look out for decentralized finance projects focusing on real-world asset tokenization (e.g., real estate, commodities). These may lead the next wave of innovation.Focus on Utility:Projects offering real-world utility and partnerships with major industries will gain traction. Examples include Polygon (MATIC) for scalability and Chainlink (LINK) for smart contract integration.
Actionable Steps for Traders
Diversify Your Portfolio:Hold a mix of cryptocurrencies (BTC, ETH), stablecoins (USDC), and alternative investments like gold or real estate-backed tokens.Use Dollar-Cost Averaging (DCA):Invest gradually over time to minimize risk in volatile markets.Stay Informed:Keep track of regulatory developments and project updates through reliable crypto news sources and community discussions.Set Stop-Loss Orders:Protect your portfolio from drastic losses by automating exit points during market dips.
The Terra crash showed that the crypto market is both highly rewarding and brutally unforgiving. Traders must prioritize research, risk management, and adaptability to succeed. Do you need deeper insights into specific tokens or trading strategies?
#CryptoScandal #TerraCollapse #LUNA #USTCrash #DeFiRisk #CryptoNews #InvestSmart #Blockchain #CryptoLessons #MarketVolatility
LUNC to the Moon? Here’s Why Terra Classic ($LUNC) Still Shines! 🚀
Terra Classic ($LUNC ) remains one of the most talked-about tokens in the crypto space, even after the infamous UST/LUNA collapse. Once the heart of the Terra ecosystem, $LUNC is now making waves as a comeback story fueled by community efforts, use cases, and a native burn mechanism. But does it have the potential to soar once again? Let’s break it down. 🌕
What is Terra Classic ($LUNC )?
LUNC, previously known as Terra ($LUNA), is the original governance token of the Terra ecosystem. While its value took a massive hit during the UST/LUNA collapse, LUNC has retained relevance as a payment token, a governance asset, and a burn-enabled cryptocurrency.
Here’s what LUNC is used for today:
1. Staking and Governance: Participate in decision-making and secure the network.
2. Payment Token: Transactions within the Terra ecosystem.
3. Native Burn Mechanism: Reduces supply to create upward price pressure.
Burning LUNC: The Key to a Comeback?
One of the most exciting aspects of LUNC is its native burn mechanism, which aims to gradually reduce the token’s massive supply. Here’s the progress so far:
Total Burned (as of Dec 30): 394.46 billion tokens.
Burned This Week: 286,952,085 tokens.
Circulating Supply: 6.5 trillion tokens.
Who’s Leading the Burn Movement?
The LUNC burn effort has been largely driven by community initiatives and contributions from key projects.
Top 3 Burners:
1. Binance: Total Burned: 68.39B (17.3%)
2. DFLUNC Protocol: Total Burned: 4.51B (1.1%)
3. Lunatics Token: Total Burned: 1.97B (0.5%)
These efforts show the community’s dedication to reducing supply and potentially increasing LUNC’s value over time.
LUNC Key Price Metrics
Current Price: US$0.00011161
24 Hour High: US$0.00011437
24 Hour Low: US$0.00010915
All-Time High (ATH): US$119.18
All-Time Low (ATL): US$0.000000999967
% from ATL: 11,098%
Market Cap: US$615M
Volume/Market Cap: 3.98%
Fully Diluted Market Cap: US$727M
Can LUNC Make a Comeback?
While LUNC is far from its all-time high, the combination of a committed community, a functioning burn mechanism, and real-world utility keeps it relevant. The burn mechanism alone demonstrates its potential to reduce the massive circulating supply over time, creating opportunities for price appreciation.
What Could Drive LUNC’s Growth?
1. Increased Burns: More tokens burned means a reduced supply and potential price growth.
2. Community Efforts: A strong, engaged community is the backbone of LUNC.
3. Renewed Ecosystem Use Cases: Expanding LUNC’s role as a payment and governance token can attract new users.
Final Thoughts: To the Moon? 🌕
While LUNC’s journey to the moon may seem like a distant dream, its resilience and the dedication of its community are undeniable. With over 394.46B tokens burned and growing, the roadmap for Terra Classic’s revival is being paved one step at a time.
Whether it’s staking, governance, or reducing the circulating supply, LUNC is a reminder that in the world of crypto, comebacks are always possible. So, the question isn’t whether LUNC can make a comeback—it’s when.
Join the movement. Hold strong. Burn on. LUNC to the moon! 🚀
#LUNCToTheMoon #LUNA #TerraClassic #CryptoBurns #BinanceSquareFamily
What is Terra Classic ($LUNC )?
LUNC, previously known as Terra ($LUNA), is the original governance token of the Terra ecosystem. While its value took a massive hit during the UST/LUNA collapse, LUNC has retained relevance as a payment token, a governance asset, and a burn-enabled cryptocurrency.
Here’s what LUNC is used for today:
1. Staking and Governance: Participate in decision-making and secure the network.
2. Payment Token: Transactions within the Terra ecosystem.
3. Native Burn Mechanism: Reduces supply to create upward price pressure.
Burning LUNC: The Key to a Comeback?
One of the most exciting aspects of LUNC is its native burn mechanism, which aims to gradually reduce the token’s massive supply. Here’s the progress so far:
Total Burned (as of Dec 30): 394.46 billion tokens.
Burned This Week: 286,952,085 tokens.
Circulating Supply: 6.5 trillion tokens.
Who’s Leading the Burn Movement?
The LUNC burn effort has been largely driven by community initiatives and contributions from key projects.
Top 3 Burners:
1. Binance: Total Burned: 68.39B (17.3%)
2. DFLUNC Protocol: Total Burned: 4.51B (1.1%)
3. Lunatics Token: Total Burned: 1.97B (0.5%)
These efforts show the community’s dedication to reducing supply and potentially increasing LUNC’s value over time.
LUNC Key Price Metrics
Current Price: US$0.00011161
24 Hour High: US$0.00011437
24 Hour Low: US$0.00010915
All-Time High (ATH): US$119.18
All-Time Low (ATL): US$0.000000999967
% from ATL: 11,098%
Market Cap: US$615M
Volume/Market Cap: 3.98%
Fully Diluted Market Cap: US$727M
Can LUNC Make a Comeback?
While LUNC is far from its all-time high, the combination of a committed community, a functioning burn mechanism, and real-world utility keeps it relevant. The burn mechanism alone demonstrates its potential to reduce the massive circulating supply over time, creating opportunities for price appreciation.
What Could Drive LUNC’s Growth?
1. Increased Burns: More tokens burned means a reduced supply and potential price growth.
2. Community Efforts: A strong, engaged community is the backbone of LUNC.
3. Renewed Ecosystem Use Cases: Expanding LUNC’s role as a payment and governance token can attract new users.
Final Thoughts: To the Moon? 🌕
While LUNC’s journey to the moon may seem like a distant dream, its resilience and the dedication of its community are undeniable. With over 394.46B tokens burned and growing, the roadmap for Terra Classic’s revival is being paved one step at a time.
Whether it’s staking, governance, or reducing the circulating supply, LUNC is a reminder that in the world of crypto, comebacks are always possible. So, the question isn’t whether LUNC can make a comeback—it’s when.
Join the movement. Hold strong. Burn on. LUNC to the moon! 🚀
#LUNCToTheMoon #LUNA #TerraClassic #CryptoBurns #BinanceSquareFamily
LUNA/USDT Trading Signal with High Profit Gain: Buy, Sell, and Stop Limit Targets 🎯
$LUNA
Current Price: $0.4224
Target 1: $0.4292
Target 2: $0.4359
Target 3: $0.4399
Stop Loss: $0.4091
Pro Tip:
LUNA is currently testing resistance around $0.4292. A breakout above this level could lead to further upside, potentially reaching $0.4359 and $0.4399. Keep your stop loss at $0.4091 to manage risks and adjust based on price action for the best possible returns!
#LUNA #MicroStrategyStockSale #JanuaryTokenUnlocks #BinanceAlphaAlert #SolvProtocolMegadrop
$LUNA
Current Price: $0.4224
Target 1: $0.4292
Target 2: $0.4359
Target 3: $0.4399
Stop Loss: $0.4091
Pro Tip:
LUNA is currently testing resistance around $0.4292. A breakout above this level could lead to further upside, potentially reaching $0.4359 and $0.4399. Keep your stop loss at $0.4091 to manage risks and adjust based on price action for the best possible returns!
#LUNA #MicroStrategyStockSale #JanuaryTokenUnlocks #BinanceAlphaAlert #SolvProtocolMegadrop
Dotty Falchi Qdgo:
垃圾
Montenegro Approves Extradition of Do Kwon to the U.S.
Montenegro has approved the extradition of Do Kwon, founder of Terraform Labs, to the United States. Kwon faces fraud charges related to the $40 billion collapse of his cryptocurrency project, which impacted investors globally. He was arrested in Montenegro for attempting to travel to Dubai using a fake passport.
#luna
Montenegro has approved the extradition of Do Kwon, founder of Terraform Labs, to the United States. Kwon faces fraud charges related to the $40 billion collapse of his cryptocurrency project, which impacted investors globally. He was arrested in Montenegro for attempting to travel to Dubai using a fake passport.
#luna
LUNC To the moon
$LUNC Terra Classic (LUNC) is the original native governance token of the Terra ecosystem. It was previously known as Terra (LUNA) before the UST/Luna collapse and the establishment of a new Terra chain. LUNC is a Proof of Stake blockchain network token that was used for staking, governance, and minting stablecoins
Despite losing significant value after the collapse, it still retains a use case as a payment token within the Terra ecosystem, with a native burn mechanism that could support its price over time.
It is used for
1.staking and givernance
2.payment token
3. Native burn mechanism.
Total lunc burned till dec 30 = 394.46 B
Lunc burned this week in 7 days = 286,952,085
Total circulating supply of lunc =6.5 T
Top 3 burners Are
1)Binance
Total burned : 68,389,217,798
17.3%
2 ) DFLUNC Protocol
Total burned: 4,512,956,620
1.1%
3) LunaticsToken
total burned: 1,976,175,010
0.5%
LUNC Key Price Metrics
Current Price: US$0.00011161
24 Hour High: US$0.00011437
24 Hour Low: US$0.00010915
All Time High (ATH): US$119.18
All Time Low (ATL): US$0.000000999967
% from ATL :11,098%
Total Volume: US$24M
Market Cap: US$615M
Volume / Market Cap: 3.98%
Fully Diluted Market Cap: US$727M
#LUNC✅
#LUNA
#LuncToTheMoon
Despite losing significant value after the collapse, it still retains a use case as a payment token within the Terra ecosystem, with a native burn mechanism that could support its price over time.
It is used for
1.staking and givernance
2.payment token
3. Native burn mechanism.
Total lunc burned till dec 30 = 394.46 B
Lunc burned this week in 7 days = 286,952,085
Total circulating supply of lunc =6.5 T
Top 3 burners Are
1)Binance
Total burned : 68,389,217,798
17.3%
2 ) DFLUNC Protocol
Total burned: 4,512,956,620
1.1%
3) LunaticsToken
total burned: 1,976,175,010
0.5%
LUNC Key Price Metrics
Current Price: US$0.00011161
24 Hour High: US$0.00011437
24 Hour Low: US$0.00010915
All Time High (ATH): US$119.18
All Time Low (ATL): US$0.000000999967
% from ATL :11,098%
Total Volume: US$24M
Market Cap: US$615M
Volume / Market Cap: 3.98%
Fully Diluted Market Cap: US$727M
#LUNC✅
#LUNA
#LuncToTheMoon
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