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Burning of 50% of the November #LUNC trading commission income of the #binance exchange will take place tomorrow. Due to the high $LUNC trading volume in November, it is certain that the number of burns will increase, we will see how much it will burn. 1/2 #lunac #ustc #buythedip #Trendingcoins
LUNAC gained over 100% increase in the past few days and now, the price is facing a serious resistance level, if surpass the current price level the price will continue to push even higher.
$LUNA #lunac #LUNACLASSIC
$LUNA #lunac #LUNACLASSIC
Luna Classic Burn: How Many LUNC Have Been Burned So Far?
The Luna Classic burn mechanism is a community-driven initiative aimed at reducing the circulating supply of LUNC tokens. This deflationary measure is intended to increase the value of LUNC by making it more scarce.
As of October 31, 2023, a total of 76.3 billion LUNC tokens have been burned. This represents approximately 0.5% of the total LUNC supply.
The majority of LUNC burns have been conducted by Binance, the largest cryptocurrency exchange by trading volume. Binance has burned over 40 billion LUNC tokens, accounting for over 50% of all tokens burned.
Other exchanges and projects have also implemented LUNC burn mechanisms. For example, the Terra Rebels community has burned over 1 billion LUNC tokens.
The Luna Classic burn mechanism is still in its early stages, and it is too early to say what impact it will have on the price of LUNC. However, the community is hopeful that the burn mechanism will help to restore LUNC's value and make it a more attractive investment.
What is the future of LUNC burning?
The future of LUNC burning is uncertain. The community is still debating the most effective way to implement the burn mechanism. Some members of the community believe that Binance should burn a larger percentage of its trading fees. Others believe that the community should focus on developing other deflationary measures, such as staking rewards.
Despite the uncertainty, the community is committed to continuing the LUNC burn. The community believes that the burn mechanism is essential to LUNC's long-term success.
Conclusion
The Luna Classic burn mechanism is a complex and controversial issue. However, the community is united in its belief that the burn mechanism is necessary to restore LUNC's value. The future of LUNC burning is uncertain, but the community is committed to continuing the process.
#LUNCBurning
#lunac
#Remotecrypto
The Luna Classic burn mechanism is a community-driven initiative aimed at reducing the circulating supply of LUNC tokens. This deflationary measure is intended to increase the value of LUNC by making it more scarce.
As of October 31, 2023, a total of 76.3 billion LUNC tokens have been burned. This represents approximately 0.5% of the total LUNC supply.
The majority of LUNC burns have been conducted by Binance, the largest cryptocurrency exchange by trading volume. Binance has burned over 40 billion LUNC tokens, accounting for over 50% of all tokens burned.
Other exchanges and projects have also implemented LUNC burn mechanisms. For example, the Terra Rebels community has burned over 1 billion LUNC tokens.
The Luna Classic burn mechanism is still in its early stages, and it is too early to say what impact it will have on the price of LUNC. However, the community is hopeful that the burn mechanism will help to restore LUNC's value and make it a more attractive investment.
What is the future of LUNC burning?
The future of LUNC burning is uncertain. The community is still debating the most effective way to implement the burn mechanism. Some members of the community believe that Binance should burn a larger percentage of its trading fees. Others believe that the community should focus on developing other deflationary measures, such as staking rewards.
Despite the uncertainty, the community is committed to continuing the LUNC burn. The community believes that the burn mechanism is essential to LUNC's long-term success.
Conclusion
The Luna Classic burn mechanism is a complex and controversial issue. However, the community is united in its belief that the burn mechanism is necessary to restore LUNC's value. The future of LUNC burning is uncertain, but the community is committed to continuing the process.
#LUNCBurning
#lunac
#Remotecrypto
to the moon#lunac
LIVECoinXversE
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LUNC and USTC: A PLaN FoR RePeg To 1$
LUNC and USTC: Why are they rising and what is the reason behind the recent burn?LUNC and USTC are two tokens that belong to the Terra Classic blockchain, a fork of the original Terra blockchain that suffered a major collapse in May 2022. The Terra Classic community has been working hard to revive the value of its tokens and restore the peg of its stablecoin USTC to the US dollar. In this article, we will explore why LUNC and USTC are rising in price and what is the reason behind the recent burn of these tokens.LUNC is the native token of Terra Classic, and it has two main functions: to absorb the price deviation of USTC and to participate in the governance of the network. USTC is the algorithmic stablecoin of Terra Classic, and it is supposed to maintain a 1:1 peg to the US dollar by minting and burning USTC tokens to balance the supply and demand. However, in May 2022, USTC lost its peg and collapsed, triggering a hyperinflationary spiral that reduced the value of LUNC by 99%. This event was dubbed as the “decoupling” and it wiped out $41 billion from the crypto ecosystem.Since then, the Terra Classic community has been trying to recover from the disaster and restore the value of its tokens. One of the main efforts is to rebind USTC to the US dollar from the code level, consensus level and guidelines, with the ultimate goal of repegging USTC to $1. This proposal, known as “Ziggy: Re-Peg UST (Signal)”, was passed by the community in October 2022.The proposal also involved raising the Tobin tax to 100%, which effectively disabled the minting and redeeming of USTC.This was done to prevent further dilution of USTC and to prepare for the repegging process.The repegging process is being led by two developer teams: the Joint L1 Task Force and the RedlinerDrifter-led Quant team. They have decided to proceed with the repegging of USTC to $1, which will indirectly help boost the LUNC price to the community’s target of $1.The repegging process involves several steps, such as resetting the oracle price feed, adjusting the seigniorage pool, and burning the excess USTC supply. The burning of USTC is one of the reasons why USTC price has been rising in the past few days, as it reduces the supply and increases the demand of the stablecoin. The burning of USTC also benefits LUNC holders, as it increases the value of their collateral and their governance power.Another reason why LUNC and USTC are rising in price is the positive sentiment and confidence of the Terra Classic community. The community has shown strong support and enthusiasm for the revival of the Terra Classic ecosystem, and has been actively participating in the governance and development of the network. The community has also been celebrating the passing of several proposals that aim to improve the functionality and security of the network, such as the v2.3.0 upgrade that incorporates the dynamic validator commission module. The community has also been looking forward to the launch of new projects and applications on the Terra Classic blockchain, such as the Terra Classic Swap, a decentralized exchange that will allow users to trade LUNC and USTC with other cryptocurrencies.Last lunc burn data yesterdayIn conclusion, LUNC and USTC are rising in price because of the ongoing efforts to repeg USTC to $1, the burning of USTC supply, and the positive sentiment and confidence of the Terra Classic community. The Terra Classic ecosystem is showing signs of recovery and revival, and it is expected to regain its former glory and value in the near future.
As you can see, AI algotrading software has found out which is the crypto coin which will pump in the coming 48hrs. The list of all those crypto coins was shared some time ago and now you can see the coin of that list.
And now you can see that some of these coins have pumped up more than 20%. Hopefully, I will deliver the profit that I promise to you if you recommend top 1 to top 5 coins like this every day. If you want to know the details of the premium list then follow us.
#BinanceTournament #USTC/USDT #LUNC.USDT
As promised, in the list of some bullish crypto coins which I signaled to you yesterday, the ELF/USDT coin has been pumped by 20% today and you can see that some Luna and Lunc all have given results above 20%.
#elfusdt #lunac #LUNA+4.07%
And now you can see that some of these coins have pumped up more than 20%. Hopefully, I will deliver the profit that I promise to you if you recommend top 1 to top 5 coins like this every day. If you want to know the details of the premium list then follow us.
#BinanceTournament #USTC/USDT #LUNC.USDT
As promised, in the list of some bullish crypto coins which I signaled to you yesterday, the ELF/USDT coin has been pumped by 20% today and you can see that some Luna and Lunc all have given results above 20%.
#elfusdt #lunac #LUNA+4.07%
LIVECryptoExpertVikas
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Trade Set-up with Technical analysis And This is the list of coins identified by AI Base algorithm software Long position Buy Signal Update 23:45 UTC [3 December 2023]
👉Top 1 to 5 coins of this list can pump from 10% to more than 40% in Next 48hrs
👉Binance exchange for 350+ crypto coins and as you know there are about 20 crypto coins which pump around 10% to 40% every day.
👉This is the list of coins identified by AI Base algorithm software (Buy signal) in which whales have invested their money in the last 24hrs in Binance Exchange, but in this list I have recommended the Top 1 to 5 coins by marking them with yellow color. Which will pump minimum 10% to 40% within the coming 48hrs.
👉 Harmonic pattern :- According to my technical analysis I have identified First of all we check in which coin the Harmonic pattern is being formed.
👉High Volume : - And Second condition, we find out that out of all the coins available on Binance exchange, which coin whales have invested a large amount and have kept their money, that crypto coin which has the highest volume.
👉RSI :- fourth condition that we check RSI on different time frames to find out which coin is in oversold zone or overbought zone, the final decision is taken. that I have just released the crypto currency list, which crypto coin can give the highest and maximum profit in 48hrs.
👉 Support & Resistance :- After that we check the support and resistance of the market so that we can take Entry 💹at the right position.
👉Top 1 to 5 of these coins are going to perform better in the market in the coming 48hrs. If you are thinking of investing money in any coin then you can take entry for long position in the given list as per your research.
👉If you want more information about the list of Which of these is the Top 1 Single Coin💹 that will give the highest profit? OR else Top 3 to Top 5 cryptos that can give the most profit in this list, you can visit my Binance profile follow me.
👉Top 1 to 5 coins of this list can pump from 10% to more than 40% in Next 48hrs
👉Binance exchange for 350+ crypto coins and as you know there are about 20 crypto coins which pump around 10% to 40% every day.
👉This is the list of coins identified by AI Base algorithm software (Buy signal) in which whales have invested their money in the last 24hrs in Binance Exchange, but in this list I have recommended the Top 1 to 5 coins by marking them with yellow color. Which will pump minimum 10% to 40% within the coming 48hrs.
👉 Harmonic pattern :- According to my technical analysis I have identified First of all we check in which coin the Harmonic pattern is being formed.
👉High Volume : - And Second condition, we find out that out of all the coins available on Binance exchange, which coin whales have invested a large amount and have kept their money, that crypto coin which has the highest volume.
👉RSI :- fourth condition that we check RSI on different time frames to find out which coin is in oversold zone or overbought zone, the final decision is taken. that I have just released the crypto currency list, which crypto coin can give the highest and maximum profit in 48hrs.
👉 Support & Resistance :- After that we check the support and resistance of the market so that we can take Entry 💹at the right position.
👉Top 1 to 5 of these coins are going to perform better in the market in the coming 48hrs. If you are thinking of investing money in any coin then you can take entry for long position in the given list as per your research.
👉If you want more information about the list of Which of these is the Top 1 Single Coin💹 that will give the highest profit? OR else Top 3 to Top 5 cryptos that can give the most profit in this list, you can visit my Binance profile follow me.
$BTC #lunac
LUNC-Preis steht vor Kursanstieg, da Terra Luna Classic bedeutendes Upgrade vorstellt
Die Terra Luna Classic- Entwicklergruppe Genuine Labs hat es bis X geschafft, der LUNC-Community positive Neuigkeiten zu bestätigen und die Bereitschaft zu einem bedeutenden Upgrade anzukündigen.
Die neue SDK-Version 47 aktualisiert die Komponenten von Terra Luna, bekämpft P2P-Storm-Angriffe und repariert den Dyncomm-Decorator, wodurch die Stärke und Effizienz des Ökosystems verbessert wird.
Genuine Labs wird einen Vorschlag einbringen, der es der Community ermöglicht, für das Upgrade abzustimmen.
In der Zwischenzeit zeigt die neueste Version v3.0.1 das Engagement des Entwicklers, die Sicherheit der Terra Luna Classic-Blockchain zu aktualisieren und zu verbessern.
Genuine Labs hat kürzlich das Rebel-2-Testnetz-Upgrade abgeschlossen. Das Update enthält verschiedene Elemente, darunter einen P2P-Storm-Fix, wasmd vo.45, SDK vo.47 und ibc-go v7, die eine verbesserte Netzwerkleistung versprechen.
LUNC-Preis steht vor Kursanstieg, da Terra Luna Classic bedeutendes Upgrade vorstellt
Die Terra Luna Classic- Entwicklergruppe Genuine Labs hat es bis X geschafft, der LUNC-Community positive Neuigkeiten zu bestätigen und die Bereitschaft zu einem bedeutenden Upgrade anzukündigen.
Die neue SDK-Version 47 aktualisiert die Komponenten von Terra Luna, bekämpft P2P-Storm-Angriffe und repariert den Dyncomm-Decorator, wodurch die Stärke und Effizienz des Ökosystems verbessert wird.
Genuine Labs wird einen Vorschlag einbringen, der es der Community ermöglicht, für das Upgrade abzustimmen.
In der Zwischenzeit zeigt die neueste Version v3.0.1 das Engagement des Entwicklers, die Sicherheit der Terra Luna Classic-Blockchain zu aktualisieren und zu verbessern.
Genuine Labs hat kürzlich das Rebel-2-Testnetz-Upgrade abgeschlossen. Das Update enthält verschiedene Elemente, darunter einen P2P-Storm-Fix, wasmd vo.45, SDK vo.47 und ibc-go v7, die eine verbesserte Netzwerkleistung versprechen.
#LUNC/USDT
#LONG
👉Leverage : Cross 20X
👉Entry Target : 0.2000
Take profit Targets 👇
0.2020
0.2045
0.2070
0.2100
🛑Stop Target : 0.1850
#TrendingTopic: #Write2Eam #USDTDaily #lunac
#LONG
👉Leverage : Cross 20X
👉Entry Target : 0.2000
Take profit Targets 👇
0.2020
0.2045
0.2070
0.2100
🛑Stop Target : 0.1850
#TrendingTopic: #Write2Eam #USDTDaily #lunac
Within the hour, #LUNA is above the support region. This region can be used to push up the price.
#Write2Earn #BTC #ETH #lunac
#Write2Earn #BTC #ETH #lunac
LIVEcapital Gbnz
--
Haussier
#LUNC\USDT
SPOT Call
Buy Current price 0.00016600 (25%)
Second Buy zone 0.00015500 (25%)
Dca according to your portfolio more if needed .
Tp 0.00017700
Tp 0.0018500
Tp 0.0002010
$LUNC
#BTC #sol #WIF #Portal
SPOT Call
Buy Current price 0.00016600 (25%)
Second Buy zone 0.00015500 (25%)
Dca according to your portfolio more if needed .
Tp 0.00017700
Tp 0.0018500
Tp 0.0002010
$LUNC
#BTC #sol #WIF #Portal
#lunac #lunaclasic $1
Burn Activity and Market Sentiment
LUNC continues to experience significant burns, as detailed in the latest metrics from the community’s tracking dashboard. Today’s burn rate reached 15.79 million LUNC, which indicates robust daily burn activity.
Over the past week, the cumulative burn totaled 299 million LUNC, averaging approximately 42 million LUNC daily. The 30-day metrics are even more impressive, showing a massive 3 billion LUNC burned, averaging about 105 million LUNC daily. These figures highlight the community’s ongoing efforts to reduce the token’s supply, aiming to increase its scarcity and potential value.
Technical Indicators and Future Outlook
Terra Classic might soon regain its upward trajectory with the current market volatility. If bullish momentum drives the price beyond $0.000092, LUNC price could explore higher resistance at $0.0001. This escalation might even push the digital asset to achieve a value of $0.001.
Conversely, increased market doubts could force a pullback to the $0.000091 support. If the bearish trend persists, prices might drop further to $0.00009. Such a scenario would spell additional hurdles for Terra Classic’s recovery prospects.
The technical indicators for LUNC on the daily chart suggest mixed signals in recent trading sessions. The Moving Average Convergence Divergence (MACD) shows a bearish crossover, with the MACD line (blue) trending below the signal line (orange).
The Chaikin Money Flow (CMF) is above the zero line, which suggests that buying pressure still exists.
Terra Classic Price Prediction|
The Average Directional Index (ADX) reading is at 26, indicating a relatively strong trend. The Relative Strength Index (RSI) stands at 36, hinting that the asset is approaching, but not yet in, the oversold territory.
Burn Activity and Market Sentiment
LUNC continues to experience significant burns, as detailed in the latest metrics from the community’s tracking dashboard. Today’s burn rate reached 15.79 million LUNC, which indicates robust daily burn activity.
Over the past week, the cumulative burn totaled 299 million LUNC, averaging approximately 42 million LUNC daily. The 30-day metrics are even more impressive, showing a massive 3 billion LUNC burned, averaging about 105 million LUNC daily. These figures highlight the community’s ongoing efforts to reduce the token’s supply, aiming to increase its scarcity and potential value.
Technical Indicators and Future Outlook
Terra Classic might soon regain its upward trajectory with the current market volatility. If bullish momentum drives the price beyond $0.000092, LUNC price could explore higher resistance at $0.0001. This escalation might even push the digital asset to achieve a value of $0.001.
Conversely, increased market doubts could force a pullback to the $0.000091 support. If the bearish trend persists, prices might drop further to $0.00009. Such a scenario would spell additional hurdles for Terra Classic’s recovery prospects.
The technical indicators for LUNC on the daily chart suggest mixed signals in recent trading sessions. The Moving Average Convergence Divergence (MACD) shows a bearish crossover, with the MACD line (blue) trending below the signal line (orange).
The Chaikin Money Flow (CMF) is above the zero line, which suggests that buying pressure still exists.
Terra Classic Price Prediction|
The Average Directional Index (ADX) reading is at 26, indicating a relatively strong trend. The Relative Strength Index (RSI) stands at 36, hinting that the asset is approaching, but not yet in, the oversold territory.
