🚨 BREAKING: 22.1 Million $XLM Transferred to Scam Wallet! 🚨 A massive 22,124,476 XLM (worth approximately $10,659,822 USD) has been moved from Binance Withdrawals to an unknown scam wallet. This could be a warning sign of potential scams or a large-scale market manipulation. 🔎 What You Should Know: Scam Alert: If you hold XLM or any crypto, be extra cautious of phishing scams and fraudulent activities.Price Impact: Large transactions like these can create market turbulence, so keep an eye on XLM’s price movement.Wallet Tracking: Stay updated on wallet movements using blockchain explorers to spot any suspicious activities. 📊 Key Actions to Take: Double-Check Transactions: Make sure your assets are secured in a safe wallet.Monitor XLM Price: Be alert for any unexpected price fluctuations.Stay Vigilant: Avoid clicking on suspicious links and make sure to verify exchanges before transferring funds. 💬 Engage: Like, comment, and follow for expert trade signals! Stay safe and keep your investments secure! #CryptoSecurity #XLM #ScamAlert #Binance #CryptoNews
when $LUNC reach $119, what is the market capitalization? i don't know well how to move the market price
Husnain villager
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Bajista
To reach $1, LUNC would need a **market capitalization of approximately $5.51 trillion**.
Here's how we calculate that:
Circulating Supply of LUNC:** Approximately 5.51 trillion LUNC Target Price:** $1.00 per LUNC
Market Cap Calculation:**
Market Cap = Circulating Supply x Price** Market Cap = 5.51 trillion LUNC x $1.00/LUNC = $5.51 trillion**
**Important Considerations:**
* This is a simplified calculation. * Reaching a market cap of this magnitude would be a monumental task and would require a massive influx of capital and a significant shift in market sentiment.
**Disclaimer:** This information is for general knowledge and discussion purposes only and should not be considered financial advice. Cryptocurrency markets are highly volatile, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before making any investment decisions.
**It's crucial to remember that reaching $1 for LUNC is highly speculative and would require a confluence of favorable events and a significant shift in market dynamics.
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LUNA: the Biggest Crypto Scam in History – $40 Billion Lost in One Day
LUNA: The Biggest Crypto Scam in History – $40 Billion Lost in One Day
The collapse of Terra (LUNA) and its algorithmic stablecoin, UST, is one of the most catastrophic events in cryptocurrency history. On a single day in May 2022, over $40 billion in value was wiped out, devastating investors and shaking confidence in the entire crypto ecosystem.
This is the untold story of how Terra’s ambitious model unraveled, the role of its founder, Do Kwon, and the crucial lessons for crypto investors.
1. Terra and Its Vision
Terra was a blockchain project that aimed to revolutionize payments through its algorithmic stablecoin, UST, which was designed to maintain a $1 peg. Unlike reserve-backed stablecoins such as USDT or USDC, UST relied on a unique mechanism involving Terra’s native token, LUNA.
UST-LUNA Relationship:
Users could exchange 1 UST for $1 worth of LUNA, and vice versa.
LUNA would be burned to mint UST, stabilizing its price.
This system worked in theory, but it was inherently vulnerable under stress.
2. The Rise of Anchor and Terra’s Ecosystem
At its peak, Terra’s ecosystem relied heavily on Anchor Protocol, a DeFi platform that offered nearly 20% annual yield on UST deposits.
Attraction: Anchor attracted over 70% of UST’s total supply, locking billions of dollars in the protocol.
Sustainability Concerns: This unsustainable yield model became a ticking time bomb, as it depended on continuous inflows to maintain payouts.
3. The Collapse Begins: UST Loses Its Peg
In May 2022, withdrawals from Anchor triggered a massive sell-off of UST, leading to a loss of its $1 peg:
Initial Depeg: As UST fell below $1, the algorithm attempted to restore the peg by minting additional LUNA.
Flooding the Market: This led to an oversupply of LUNA, causing its price to crash.
Death Spiral: The mechanism exacerbated the situation, as minting more LUNA further diluted its value.
Key Numbers:
UST dropped to $0.10.
LUNA’s supply ballooned from 350 million tokens to 6.5 trillion, plummeting its price from $80 to near zero.
4. Do Kwon: From Confidence to Controversy
The Outspoken Founder
Do Kwon, Terra’s charismatic founder, gained fame for his bold claims and dismissive attitude toward critics.
He promised that Terra’s model was robust, even as cracks began to show.
Recovery Plan and Fallout
Kwon proposed forking Terra’s blockchain to launch a new LUNA token, but investor confidence was shattered.
Legal Challenges: Lawsuits and investigations ensued, with revelations of mismanagement and denial of key facts, such as control over Terra’s burn wallet.
5. Legal and Regulatory Impact
The Terra collapse caught the attention of regulators worldwide:
Global Scrutiny: Authorities began investigating algorithmic stablecoins and high-yield DeFi projects.
Stricter Regulations: Calls for tighter oversight and investor protection gained momentum.
Do Kwon’s Arrest: After months on the run, Kwon was detained in Montenegro in March 2023 for using a forged passport.
6. Lessons for Crypto Investors
The Terra collapse exposed critical flaws in algorithmic stablecoins and high-yield promises:
Understand the Risks: High returns often come with high risks, especially in volatile crypto markets.
Diversify Investments: Avoid overexposure to any single asset or protocol.
Scrutinize Sustainability: Question the long-term viability of projects offering unrealistically high yields.
Beware of Overconfidence: Trust should be earned through transparency and accountability, not bold claims.
7. Key Numbers at a Glance
Metric Before Collapse After Collapse UST Price $1.00 $0.10 LUNA Price $80+ Near zero LUNA Supply 350 million 6.5 trillion Value Lost $40 billion –
Conclusion: The Lasting Impact of Terra’s Fall
The collapse of Terra (LUNA) serves as a sobering reminder of the risks in the crypto market. While the project’s ambition to innovate payments through algorithmic stablecoins was noteworthy, its flawed execution led to one of the biggest financial disasters in crypto history.
For investors, the Terra debacle underscores the importance of diligence, diversification, and skepticism in navigating the volatile crypto landscape. As the industry evolves, learning from such failures is essential to building a more resilient future for decentralized finance.
To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news, where we delve into the most promising ventures and their potential to disrupt traditional industries.
yes, but $LUNC price did not show significant move
Giø
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Binance wallet transferred 83.3 billion #LUNC to the "terra...muejd" wallet with 4 different transfers. As a result of this transfer, 345 million $LUNC was burned.
83 billion #LUNC was transferred from here to a different wallet, and as a result, 333 million #LUNC was burned.
Nearly 680 million LUNC was sent to the burning wallet within minutes.
These transfers were made directly from the "terra18...sqe" wallet. Binance uses the "terra1...4af" wallet for users. It is very clear that this transfer was not made by any user...
The fact that the transfers were made in a way that would expose the burning tax twice supports our thesis...
$LUNC If you have 1,000,000 Luna Classic (LUNC) coins and the price of the coin reaches $0.5 by the end of the year, the total value of your coins would be $500,000.
There are several reasons why people are interested in LUNA Classic (LUNC): 1. Recovery after the crash: After the massive collapse in 2022, some investors are curious if the coin can recover and grow again. 2. Unique history: LUNA was part of the Terra ecosystem, which aimed to provide stablecoins through an algorithmic system, making it important in its time. 3. Future of the ecosystem: After the split into “Terra Classic” (LUNA Classic) and “Terra” (LUNA), some believe the old chain still has potential. 4. Community support: A strong community and developers continue to work on improving the network, creating hope for the coin’s future. 5. Investment opportunities: Some see the current low price as an opportunity to buy, hoping for future gains if the coin recovers. 6. Burning coins: The idea of burning LUNC tokens (destroying them) to reduce supply could help increase the price over time. 7. Possible partnerships: Future partnerships or updates could drive the coin’s value up. #lunc #LUNC✅ #btc #Write2Earn #Write2Earn!
Terra Luna Classic (LUNC) has experienced significant volatility, especially following the collapse of the original Terra ecosystem in May 2022. Predicting its future price is challenging due to market unpredictability and various influencing factors. However, several analysts have provided estimates for LUNC's potential maximum price by 2025:
Telegaon forecasts a maximum price of $0.028 for LUNC in 2025.
DigitalCoinPrice predicts a maximum price of $0.000331 for the same year.
Bitnation estimates a maximum price of $0.000422 in 2025.
These projections vary significantly, reflecting differing methodologies and assumptions. It's important to note that cryptocurrency markets are highly volatile, and such predictions should be approached with caution. Potential investors should conduct thorough research and consider the inherent risks before making investment decisions.
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الولايات المتحدة ضد دو هيونغ كوون، القضية رقم 23 Cr. 151 (PAE) إشعار للضحايا
ملخص القضية: المتهم، دو هيونغ كوون، متهم بتدبير مخططات احتيالية تتعلق بـ Terraform Labs PTE, Ltd. (“Terraform”). تتضمن الاتهامات تقديم ادعاءات مضللة حول استقرار وموثوقية العملات الرقمية التي أصدرتها Terraform، مثل LUNA وTerraUSD، بالإضافة إلى تقنيتها القائمة على البلوكشين والأنظمة المالية التي طورتها.
التواريخ المهمة: • الجلسة القادمة: 6 مارس 2025، الساعة 11:00 صباحًا المكان: محكمة ثورغود مارشال الفيدرالية، 40 ساحة فولي، نيويورك، قاعة المحكمة 1305 • تاريخ المحاكمة: 26 يناير 2025
حقوق الضحايا بموجب القانون:
إذا كنت ضحية للجرائم المزعومة، فإن لديك الحقوق التالية: 1. الحماية من المتهم: الحق في الحماية المعقولة من المتهم. 2. الإشعار في الوقت المناسب: الحق في تلقي تحديثات دقيقة وفي الوقت المناسب حول إجراءات المحكمة، جلسات الإفراج المشروط، أو أي إطلاق سراح/هروب للمتهم. 3. الحضور في المحكمة: الحق في عدم الاستبعاد من الجلسات العامة، إلا إذا أثبتت المحكمة أن شهادتك قد تتأثر بسماع شهادات الآخرين. 4. التعبير في الإجراءات: الحق في الإدلاء برأيك بشكل معقول في جلسات الإفراج، الاعتراف بالذنب، إصدار الأحكام، أو جلسات الإفراج المشروط. 5. التشاور مع المدعين: الحق في التشاور مع محامي الحكومة بشأن القضية. 6. التعويض: الحق في الحصول على تعويض كامل وفي الوقت المناسب وفقًا للقانون. 7. الإجراءات بدون تأخير غير معقول: الحق في إجراءات قضائية تتم دون تأخير غير مبرر. 8. المعاملة العادلة: الحق في المعاملة بكرامة، إنصاف، واحترام للخصوصية. 9. الإشعار بالاتفاقيات: الحق في معرفة أي اتفاقيات تفاوضية للاعتراف بالذنب أو الملاحقات المؤجلة. 10. الوصول إلى الموارد: الحق في الحصول على معلومات حول خدمات الضحايا وتفاصيل الاتصال بمكتب أمين حقوق الضحايا التابع لوزارة العدل.
معلومات الاتصال لمساعدة الضحايا:
إذا كنت تعتقد أنك ضحية في هذه القضية أو تحتاج إلى دعم، يمكنك التواصل مع وحدة الضحايا/الشهود التابعة لمكتب المدعي العام الأمريكي للمنطقة الجنوبية من نيويورك. يمكنهم تقديم تحديثات عن القضية، تسهيل ممارسة حقوقك، وتوفير الإحالات لخدمات مثل التعويض أو المشورة.
للتواصل: Wendy.Olsen@usdoj.gov
تم التحديث: 10 يناير 2025
للحصول على المزيد من المعلومات، يمكنك الرجوع إلى قانون حقوق واسترداد الضحايا لعام 1990. DOJBTCAuction#10DaysToTrump DOJBTCAuction #Jasmyusdt⚠️⚠️ #XRPRise #BTCMove $SOL $BNB $XRP
🚨 BREAKING NEWS FOR ALL HOLDERS: 20,192,563 XLM (8,504,637 USD) Transferred from Binance Withdrawals to Scam 🚨 A significant transfer of 20,192,563 $XLM (valued at $8.5 million) has been flagged as moving from Binance Withdrawals to a scam wallet. Here’s why this is crucial: 🔥 Key Insights: Scam Wallet Involvement: The destination wallet being flagged as a scam raises serious concerns about the safety of assets within the XLM ecosystem.Large Transfer: A transfer of over $8 million worth of XLM is a huge red flag and could indicate fraudulent activity targeting unsuspecting users.Impact on XLM's Reputation: The involvement of XLM in such a scam could have an impact on its reputation and market confidence, triggering potential sell-offs. 🚀 What to Watch For: Further Fraudulent Activity: If this is part of a larger scam operation, we may see more transfers, which could further affect market trust.Price Reaction: Watch for potential downward pressure on XLM if more users become aware of the fraudulent activity and withdraw their assets. ✅ Actionable Insights: Security Measures: If you hold XLM, be cautious of any unsolicited communications or withdrawal requests. Ensure your assets are stored in a secure wallet.Monitor XLM Price: Watch for any price dips or increased volatility in the XLM market as news spreads regarding this transfer.Stay Alert: Be aware of similar scams targeting other cryptocurrencies and stay vigilant in the market. A major warning for the XLM community—stay cautious of scam operations targeting the market! #XLM #ScamAlert #CryptoSecurity #Binance #Cryptocurrency #CryptoNews
#OnChainLendingSurge 🌖 US Prosecutor Says Victims of the Terra LUNA Collapse Could Run into Millions
A recent court filing by US prosecutors claims the impact of Do Kwon’s Terra $LUNA
collapse may have extended to millions of investors.
Terra founder #DoKwon ’s trial has not kicked off properly, and the US prosecutors are already releasing big statements. One of which is the latest assertion from Daniel Gitner, US Attorney, that the 2022 Terra collapse affected millions of users.
In a filing with a New York District Court on January 6, US prosecutors estimated the number of well-meaning investors exposed to the Terra fallout two years ago. Per the disclosure, the number of entities affected by the collapse exceeded hundreds of thousands and could run into millions.
These crypto crashes reminds me the year 2022 after the peak of 2021 crypto bull run , at that time the bitcoin would crash for no reason and then the entire crypto market would follow by crashing up to 20% .
how many times we are informed that $LUNC burned and burned?
Trader Rai
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Binance Burns 1.7 Billion LUNC Tokens: Terra Classic’s Road to Revival
The Terra Classic ($LUNC) community is reigniting its dreams with an extraordinary milestone—Binance has just burned a staggering 1.7 billion LUNC tokens in the 29th batch of its monthly burn initiative. This fiery move represents $233,156 worth of trading fees obliterated, bringing Binance’s total LUNC burns to a jaw-dropping 68.39 billion tokens! 🔥 The Burn Revolution Binance, the world’s largest crypto exchange, continues to lead the charge in supporting the Terra Classic ecosystem. But this isn’t just a one-player effort—the Terra Classic community has collectively burned nearly 395 billion LUNC tokens in just two years. Such an unwavering commitment showcases the community's determination to restore the token's former glory. At the forefront of this movement is Validator Lunanauts, spearheading the "Buy Back and Burn USTC" campaign. By swapping LUNC rewards for USTC and sending them to burn wallets, Lunanauts has inspired others to join this collective effort. It’s a rallying cry for the revival of both LUNC and USTC. 💥 The Bigger Picture With Binance’s consistent support and community-driven initiatives gaining momentum, the Terra Classic ecosystem is on the brink of something big. The narrative for a LUNC and USTC revival is stronger than ever. Binance’s monthly burn mechanism is not just reducing supply—it’s reigniting hope, confidence, and a potential bullish cycle for LUNC. 🚀 Is a Massive Bull Run Brewing? As LUNC’s supply dwindles and demand potentially increases, the stage may be set for a massive price rally. With nearly 400 billion tokens burned, the Terra Classic community has shown that collective action can shape the future. The burning fire isn’t just about numbers; it’s about rebuilding trust, igniting excitement, and showcasing what a united crypto community can achieve. What’s Next for LUNC? The crypto world is watching closely. With Binance and the Terra Classic community working hand in hand, LUNC’s journey is far from over. Could this be the start of the next bull cycle for Terra Classic? #USJoblessClaimsDrop #BinanceAlphaAlert #LUNAUpdate $LUNC
🚀 $LUNC (Luna Classic): The Comeback Story in the Making? 🌟
🔗 $LUNA , $USTC , and lunc are making waves again, and all eyes are on the charts! Could Luna Classic (lunc ) be gearing up for a spectacular rally to $0.50?
💹 Here’s why the buzz is real: 🔥 Strong community support fueling momentum. 🌐 Revolutionary developments within the ecosystem. 📈 Market sentiment shifting positively.
Don’t miss this potential moonshot! 🌙 Keep on your radar as it climbs the ladder of possibilities.
💬 What’s your price prediction for $LUNC? Will it hit $0.50 soon? Share your thoughts!
Shiba Inu, one of the most popular meme coins, has burned 57.2 million tokens, according to data from Shibburn.com. Can it bump the $SHIB
price?
While the data from Shibburn represents a further step in the token’s deflationary process, the total value of the burned tokens is only around $1258 in today’s prices. In comparison to Shiba Inu’s massive market capitalization of approximately $12.9 billion, the impact will be minimal. Token burning is a strategy for reducing a cryptocurrency’s overall supply, hence enhancing its scarcity and value. However, the small-scale burn indicates that its immediate impact on Shiba Inu’s price trajectory is limited. Nonetheless, there is more to the story
The Shiba Inu’s Community and Ecosystem Fuel Optimism Shiba Inu has evolved as a speculative asset, attracting great interest due to its vast and active community. This participation has been critical to its survival in the volatile field of meme currency.
The coin has maintained relative stability, recently trading at just above $0.000028 and holding its position near the 21-day moving average (DMA). Positive sentiment remains high, bolstered by a bounce from the 50DMA in December suggesting that bullish momentum could persist.
Some of this optimism can be credited to broader developments in the United States, where the incoming Trump administration and Congress are likely to support cryptocurrency. This might bring regulatory certainty, benefiting the entire cryptocurrency industry, including meme coins like Shiba Inu.
Analysis of moving average data from Trading View on the one month timeframe also positions as a strong ‘buy’.
Overall sentiment around SHIB is also high according to analysis on CoinMarketCap – with 89% of surveyed users bullish on the token, mostly driven by SHIB’s continuing burns and the likely introduction of new projects in 2025.
For example, lead developer Shytoshi Kusama has confirmed the forthcoming TREAT token and the launch of “SHIB: The Metaverse.” These initiatives are boosting SHIB’s market profile and community engagement. #NonFarmPayrollsImpact
🚀 $LUNC (Luna Classic): The Comeback Story in the Making? 🌟
🔗 $LUNA , $USTC , and lunc are making waves again, and all eyes are on the charts! Could Luna Classic (lunc ) be gearing up for a spectacular rally to $0.50?
💹 Here’s why the buzz is real: 🔥 Strong community support fueling momentum. 🌐 Revolutionary developments within the ecosystem. 📈 Market sentiment shifting positively.
Don’t miss this potential moonshot! 🌙 Keep on your radar as it climbs the ladder of possibilities.
💬 What’s your price prediction for $LUNC? Will it hit $0.50 soon? Share your thoughts!
Hey crypto enthusiasts! Let’s dive into the buzz around BTTC (BitTorrent Token) and its supposed journey to $5. You’ve probably come across claims like, “BTTC will hit $5 in 2025!” But let’s take a closer look at the reality. Reality Check: BTTC Price in 2025 As of 2025, the price of BTTC is still well below $1. In fact, it’s nowhere near reaching $5—and honestly, it’s unlikely to reach $5 anytime soon. Here’s why: What Reaching $5 Means Reaching $5 for BTTC would imply a massive market cap increase. BTTC’s Current Price: Let’s assume it’s around $0.002.To Reach $5: The market cap would need to grow exponentially. If BTTC reaches $5, it would need to achieve a market cap similar to Bitcoin or Ethereum—several hundred billion dollars. How Much Time Will It Take? For BTTC to realistically reach $5, it would need: Massive Adoption: The coin would need a huge increase in usage and adoption. This means partnerships, real-world applications, and more users joining the ecosystem.Technological Advancements: The platform would need to evolve and offer cutting-edge solutions that provide tangible value to users beyond just speculation.Market Conditions: The crypto industry needs to stabilize, with regulations and broader adoption taking place. Plus, BTTC needs to compete with a growing number of other tokens aiming to dominate the market. What Does It Need to Reach $5? Partnerships and Adoption: BTTC would need to partner with major platforms, integrate its technology into mainstream services, and increase its user base. This can take years, not just months.Increased Utility: The coin needs to solve problems that other coins can’t, whether it’s decentralized storage, content distribution, or another unique selling point. Just being a meme coin or a token with no real utility won’t get it to $5.Aggressive Marketing: If BTTC wants to compete with giants like Ethereum, it will need to market heavily and build a strong community. This is more than just a shiny website—it’s about building trust and showing real use cases. What Does This Mean for You? $5 for BTTC in 2025? Honestly, don’t hold your breath. While it’s great to dream big, the reality is that for BTTC to reach that kind of value, it’s going to need years of hard work, partnerships, and a growing user base.Potential: Sure, BTTC still has potential, but expectation management is key. It can still grow and increase in value, but let’s be realistic about the timeline.Short-Term Goals: Focus on short-term growth and steady progress. Invest in projects that are showing clear development and real-world use cases. Final Thoughts So, will BTTC reach $5 in 2025? I wouldn’t bet on it, but that doesn’t mean you should completely count it out either. If you’re holding BTTC, just remember that crypto is volatile, and prices can change quickly. Stay realistic about your expectations.Diversify your investments.Research before you buy into any project. To Wrap It Up BTTC reaching $5 in 2025 isn’t likely. It needs a lot more than what we see today to get there, but that doesn’t mean it won’t have its own journey. Keep an eye on it, but don’t expect miracles. $BTC
$BTTC
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