LUNC✅
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Terra $LUNA & LUNC:
LUNC Price To Rally Amid Massive Binance Burn As Over 1 Trillion LUNC Staked
Terra Luna Classic community looks for a massive LUNC burn in the next week by crypto exchange Binance as part of its LUNC burn mechanism. LUNC saw its total supply drop to 6.78 trillion after the enormous trading volumes and burn recently.
Delegators have also staked significantly with Terra Luna Classic validators, bringing the total LUNC staked to over 1 trillion.
#TerraLunaClassic Community Eyes Massive Burn
Terra Luna Classic community awaits Binance LUNC burn mechanism to provide the necessary push to reduce LUNC tokens supply. Massive trading volumes this month sparked speculation of a higher amount of LUNC burn by Binance. The crypto exchange has burned nearly 60.42 billion LUNC, accounting for 48.8% of the total LUNC burned by the community.
The community has burned nearly 124 billion LUNC until now, with 71 billion by sending to burn wallet and 53 billion through on-chain burn.
In the last 7 days, almost 7 billion LUNC burn came from as whales and investors moved $LUNC from centralized crypto #exchanges . Total fees accrued from these transactions were 8.34 billion LUNC.
Total LUNC staked has skyrocketed to above 1 trillion, providing enough support from validators and the community. The staking ratio has increased to 14.83%. Moreover, the community pool reserve saw the required boost, with 6.22 billion #LUNC✅ and 12.37 million #USTC . It gives the community enough funds for development activity.
#MiCA
LUNC Price To Rally Amid Massive Binance Burn As Over 1 Trillion LUNC Staked
Terra Luna Classic community looks for a massive LUNC burn in the next week by crypto exchange Binance as part of its LUNC burn mechanism. LUNC saw its total supply drop to 6.78 trillion after the enormous trading volumes and burn recently.
Delegators have also staked significantly with Terra Luna Classic validators, bringing the total LUNC staked to over 1 trillion.
#TerraLunaClassic Community Eyes Massive Burn
Terra Luna Classic community awaits Binance LUNC burn mechanism to provide the necessary push to reduce LUNC tokens supply. Massive trading volumes this month sparked speculation of a higher amount of LUNC burn by Binance. The crypto exchange has burned nearly 60.42 billion LUNC, accounting for 48.8% of the total LUNC burned by the community.
The community has burned nearly 124 billion LUNC until now, with 71 billion by sending to burn wallet and 53 billion through on-chain burn.
In the last 7 days, almost 7 billion LUNC burn came from as whales and investors moved $LUNC from centralized crypto #exchanges . Total fees accrued from these transactions were 8.34 billion LUNC.
Total LUNC staked has skyrocketed to above 1 trillion, providing enough support from validators and the community. The staking ratio has increased to 14.83%. Moreover, the community pool reserve saw the required boost, with 6.22 billion #LUNC✅ and 12.37 million #USTC . It gives the community enough funds for development activity.
#MiCA
#Terra Luna Classic To Remove 18 Billion LUNC From Supply, Will LUNC And USTC . #LUNC✅ 1$.
Terra Luna Classic community to burn 12 billion in LUNC and 68 million USTC in contracts including Lido DAO rewards dispatcher, removing them completely from supply. The move comes as the community started removing LUNC and USTC from circulating circulating supply for revival and repeg to $1.
#CPIAlert
#BinanceTournament
#BTC☀
Terra Luna Classic community to burn 12 billion in LUNC and 68 million USTC in contracts including Lido DAO rewards dispatcher, removing them completely from supply. The move comes as the community started removing LUNC and USTC from circulating circulating supply for revival and repeg to $1.
#CPIAlert
#BinanceTournament
#BTC☀
🚨🆘 Major#alert and #Update that you must know 🚨‼️
🎯Terra Luna Classic to Burn 18 Billion LUNC: Potential Rally Ahead?🚀💰
🕵🏼♂️Before diving in for details, please follow for more updates and info. Your follow boost motivation level. Thank you.
Read 👇🏻👇🏼👇🏻👇🏼
👥💪🏻The Terra Luna Classic community plans to burn 18 billion LUNC and 68 million USTC to reduce supply and revive token value.
🔥🔥 Token Burn Proposal: 12 billion LUNC and 68 million USTC to be burned from Anchor bLuna and Lido rewards dispatcher contracts.
👥 Community Effort: This is the second-largest supply reduction after a recent burn of 7 billion LUNC.
🤝🏼Ownership Changes: Following a Lido DAO proposal, the Terra Luna Classic community now controls the contracts.
📊Market Impact:
📈📉 LUNC Price: Currently at $0.000080196, with potential to reach $0.0001 in July due to the proposed burn, Binance LUNC burn, and Tax2Gas implementation.
📈📉USTC Price: Currently trading at $0.01743, down 1.5% in the last 24 hours.
🧑💻The proposed burn aims to revive LUNC and USTC, with governance voting to start soon for community approval.
📝 Like and share with others for awareness. Sharing is caring. Cryptocurrencies are volatile in nature. Do your own research for financial activities. NFA.
$LUNC $USTC $LUNA #BinanceTournament #Megadrop #LUNC✅
🎯Terra Luna Classic to Burn 18 Billion LUNC: Potential Rally Ahead?🚀💰
🕵🏼♂️Before diving in for details, please follow for more updates and info. Your follow boost motivation level. Thank you.
Read 👇🏻👇🏼👇🏻👇🏼
👥💪🏻The Terra Luna Classic community plans to burn 18 billion LUNC and 68 million USTC to reduce supply and revive token value.
🔥🔥 Token Burn Proposal: 12 billion LUNC and 68 million USTC to be burned from Anchor bLuna and Lido rewards dispatcher contracts.
👥 Community Effort: This is the second-largest supply reduction after a recent burn of 7 billion LUNC.
🤝🏼Ownership Changes: Following a Lido DAO proposal, the Terra Luna Classic community now controls the contracts.
📊Market Impact:
📈📉 LUNC Price: Currently at $0.000080196, with potential to reach $0.0001 in July due to the proposed burn, Binance LUNC burn, and Tax2Gas implementation.
📈📉USTC Price: Currently trading at $0.01743, down 1.5% in the last 24 hours.
🧑💻The proposed burn aims to revive LUNC and USTC, with governance voting to start soon for community approval.
📝 Like and share with others for awareness. Sharing is caring. Cryptocurrencies are volatile in nature. Do your own research for financial activities. NFA.
$LUNC $USTC $LUNA #BinanceTournament #Megadrop #LUNC✅
Terra Classic Stalls Merger Plan with LUNA Amid Validator Dispute
The #TerraLunaClassic community has rejected a highly debated proposal to increase the validator set to 130 on the blockchain. This decision comes in the wake of Terraform Labs and Do Kwon’s agreement to settle with the U.S. SEC for $4.5 billion.
According to updates shared in Today’s Coin Market Cap news, the proposal aimed to merge efforts with the Terra ($LUNA ) community by incorporating Luna v2 validators into #TerraClassic , thereby enhancing the network’s decentralization. The community’s reaction can be summarized as follows:
Proposal Rejection: The community voted against Proposal 12116, which sought to increase the validator limit from 100 to 130. The proposal received only 30.59% “Yes” votes, while 46.17% voted “No,” and 22.59% abstained. This outcome reflects the community’s reluctance to expand the validator set at this time.
Voting Breakdown: Out of 46 validators who participated in the vote, only 10 supported the proposal. Notable validators such as Allnodes, Luna Station 88, LuncGoblins, and Autism Staking voted against it, citing concerns about the current readiness of the chain for such an expansion. Allnodes stated, “The amount of LUNC required to get into the active set is not burdensome.”
Proposer’s Perspective: The proposer argued that increasing the validator set would strengthen the network’s decentralization and benefit the $LUNC community. However, the opposition believed that the amount of #LUNC✅ required to join the active set is not yet a burden, suggesting the network is not prepared for this change.
#IntroToCopytrading #altcoins
The #TerraLunaClassic community has rejected a highly debated proposal to increase the validator set to 130 on the blockchain. This decision comes in the wake of Terraform Labs and Do Kwon’s agreement to settle with the U.S. SEC for $4.5 billion.
According to updates shared in Today’s Coin Market Cap news, the proposal aimed to merge efforts with the Terra ($LUNA ) community by incorporating Luna v2 validators into #TerraClassic , thereby enhancing the network’s decentralization. The community’s reaction can be summarized as follows:
Proposal Rejection: The community voted against Proposal 12116, which sought to increase the validator limit from 100 to 130. The proposal received only 30.59% “Yes” votes, while 46.17% voted “No,” and 22.59% abstained. This outcome reflects the community’s reluctance to expand the validator set at this time.
Voting Breakdown: Out of 46 validators who participated in the vote, only 10 supported the proposal. Notable validators such as Allnodes, Luna Station 88, LuncGoblins, and Autism Staking voted against it, citing concerns about the current readiness of the chain for such an expansion. Allnodes stated, “The amount of LUNC required to get into the active set is not burdensome.”
Proposer’s Perspective: The proposer argued that increasing the validator set would strengthen the network’s decentralization and benefit the $LUNC community. However, the opposition believed that the amount of #LUNC✅ required to join the active set is not yet a burden, suggesting the network is not prepared for this change.
#IntroToCopytrading #altcoins
LUNC and $USTC Prices Decline
The #TerraLunaClassic ecosystem tokens have seen significant price declines as whales and other investors offloaded LUNC. LUNC is trading at $0.00007525, down 2.98% over the past week. LUNC has failed to meet investor expectations, dropping 28.12% over the past week and 31.87 over the past month.
#USTC has not fared significantly better, showing a 3.04% decrease over the past 24 hours and trading at $0.0171. LUNC has also dropped 18.67% over the past weeks and 24.37% over the past month.
This poor performance has caused negative reactions from community members. A prominent crypto proponent recently called $LUNC a meme coin because of its abysmal performance.
However, he received backlash from some in the community, as many are confident that LUNC’s poor performance is just short-term volatility. Another prominent figure also weighed in on the closure of #TerraformLabs , pointing out how this potentially negative outcome can benefit LUNC. Despite the bearish trend, #LUNC✅ still has a recovery potential, and many analysts believe it is coming soon.
#IntroToCopytrading
The #TerraLunaClassic ecosystem tokens have seen significant price declines as whales and other investors offloaded LUNC. LUNC is trading at $0.00007525, down 2.98% over the past week. LUNC has failed to meet investor expectations, dropping 28.12% over the past week and 31.87 over the past month.
#USTC has not fared significantly better, showing a 3.04% decrease over the past 24 hours and trading at $0.0171. LUNC has also dropped 18.67% over the past weeks and 24.37% over the past month.
This poor performance has caused negative reactions from community members. A prominent crypto proponent recently called $LUNC a meme coin because of its abysmal performance.
However, he received backlash from some in the community, as many are confident that LUNC’s poor performance is just short-term volatility. Another prominent figure also weighed in on the closure of #TerraformLabs , pointing out how this potentially negative outcome can benefit LUNC. Despite the bearish trend, #LUNC✅ still has a recovery potential, and many analysts believe it is coming soon.
#IntroToCopytrading
Terra Luna Classic Dumps 20% After Hack
Prominent Terra Luna Classic community members are tying the $90 million #BtcTurk hack to LUNC’s plunge last weekend, but the community is divided on how it will affect performance. LUNC plummeted to a three-month low of $0.00007362 on June 22.
LUNC’s association with the hack also contributed to its shrinking market cap, which dipped by nearly $100 million due to the incident.
However, Terra Luna Classic’s funding and burning mechanism offered a silver lining in this story. According to the newly implemented LUNC burn tax rules, every transaction contributes to the Community Pool (CP), a long-term fund aimed at pursuing LUNC’s restoration plans.
The devastating BtcTurk hacking incident poured 800,000,000 #LUNC✅ tokens into the CP, which can be allocated to new development projects. The hackers’ overcomplicated transactions to erase traces of malicious activity have contributed to LUNC’s daily burns, adding a hefty 6.5B $LUNC to the community’s bonfire.
As of press time, #TerraLunaClassic is trading at $0.00008052, up 7.6% over the past 24 hours. Despite the soft rebound rally, LUNC has been 23% down in the last two weeks. The community is left on edge about the coin’s future, as portrayed in a question in LUNC Ninja’s thread: “Has the sell-off by this entity ended?”
#IntroToCopytrading #altcoins
Prominent Terra Luna Classic community members are tying the $90 million #BtcTurk hack to LUNC’s plunge last weekend, but the community is divided on how it will affect performance. LUNC plummeted to a three-month low of $0.00007362 on June 22.
LUNC’s association with the hack also contributed to its shrinking market cap, which dipped by nearly $100 million due to the incident.
However, Terra Luna Classic’s funding and burning mechanism offered a silver lining in this story. According to the newly implemented LUNC burn tax rules, every transaction contributes to the Community Pool (CP), a long-term fund aimed at pursuing LUNC’s restoration plans.
The devastating BtcTurk hacking incident poured 800,000,000 #LUNC✅ tokens into the CP, which can be allocated to new development projects. The hackers’ overcomplicated transactions to erase traces of malicious activity have contributed to LUNC’s daily burns, adding a hefty 6.5B $LUNC to the community’s bonfire.
As of press time, #TerraLunaClassic is trading at $0.00008052, up 7.6% over the past 24 hours. Despite the soft rebound rally, LUNC has been 23% down in the last two weeks. The community is left on edge about the coin’s future, as portrayed in a question in LUNC Ninja’s thread: “Has the sell-off by this entity ended?”
#IntroToCopytrading #altcoins
📊 LUNC Market Watch: Consolidation and Caution in Terra Classic Trading 🌟
The Terra Classic LUNC market has been showing intriguing
movements over the past day. Analyzing the 1-day Trading View chart, LUNC/USDT is currently trading around $0.00008106, maintaining a slightly upward trajectory despite a broader bearish trend in recent weeks. The price action indicates a phase of consolidation, suggesting potential upcoming volatility.
Looking at the money flow analysis, the market has seen substantial activity with an inflow of $64.20 billion in buys against $69.45 billion in sells. This minor net outflow could be a signal of cautious sentiment among traders. Notably, large orders dominated the trading volume, with significant large buys countering large sells. However, the 24-hour inflow analysis shows a net outflow of approximately $5.48 billion, reflecting a cautious stance in the market.
Stay tuned for more updates as we keep a close watch on how LUNC navigates through these dynamic waters. 📉📈
I would advise a cautious approach when investing in LUNC coin. Always do your own research and consider the risks involved before making any investment decisions.
#LUNC✅ #LUNCUSD #Lunc2TheMoonSoon #luncforever
The Terra Classic LUNC market has been showing intriguing
movements over the past day. Analyzing the 1-day Trading View chart, LUNC/USDT is currently trading around $0.00008106, maintaining a slightly upward trajectory despite a broader bearish trend in recent weeks. The price action indicates a phase of consolidation, suggesting potential upcoming volatility.
Looking at the money flow analysis, the market has seen substantial activity with an inflow of $64.20 billion in buys against $69.45 billion in sells. This minor net outflow could be a signal of cautious sentiment among traders. Notably, large orders dominated the trading volume, with significant large buys countering large sells. However, the 24-hour inflow analysis shows a net outflow of approximately $5.48 billion, reflecting a cautious stance in the market.
Stay tuned for more updates as we keep a close watch on how LUNC navigates through these dynamic waters. 📉📈
I would advise a cautious approach when investing in LUNC coin. Always do your own research and consider the risks involved before making any investment decisions.
#LUNC✅ #LUNCUSD #Lunc2TheMoonSoon #luncforever
Terra Luna Classic Loses BtcTurk Listing After Disastrous Hack
BtcTurk, the largest Turkish cryptocurrency #exchange , was hit by a massive cyber attack over the weekend. The exchange claimed that one out of every ten crypto balances in its hot wallets were affected and that LUNC would be delisted. Famed on-chain detective ZachXBT chimed in to estimate a total damage of $54.20 million.
Further Research Hints at $90M Missing
ZachXBT counted 1.96 million Avalanche (AVAX) tokens in a suspicious crypto address. The address was used to siphon digital assets from BtcTurk and later swapped into assets on Coinbase and THORChain.
Upon closer examination by blockchain security audit company CertiK, it was determined that over $90 million of crypto funds were drained from the platform.
The major security breach triggered a massive sell-off of certain cryptocurrencies that the fraudsters managed to get their hands on. Besides the 1.96M $AVAX coins spotted by ZachXBT, 350,000,000,000 #TerraLunaClassic (LUNC) tokens were drained from BtcTurk’s treasury.
These $LUNC coins, equaling $28.55 million, were moved between crypto wallets in an attempt to conceal the origin of the funds. Upon further investigation by DailyCoin, the fraudsters first cashed out 325B #LUNC✅ tokens from one of BtcTurk’s hot wallets. These digital assets were conveyed to multiple decoy wallets on Terra Classic’s chain before finally being deposited to Binance.
#IntroToCopytrading #altcoins
BtcTurk, the largest Turkish cryptocurrency #exchange , was hit by a massive cyber attack over the weekend. The exchange claimed that one out of every ten crypto balances in its hot wallets were affected and that LUNC would be delisted. Famed on-chain detective ZachXBT chimed in to estimate a total damage of $54.20 million.
Further Research Hints at $90M Missing
ZachXBT counted 1.96 million Avalanche (AVAX) tokens in a suspicious crypto address. The address was used to siphon digital assets from BtcTurk and later swapped into assets on Coinbase and THORChain.
Upon closer examination by blockchain security audit company CertiK, it was determined that over $90 million of crypto funds were drained from the platform.
The major security breach triggered a massive sell-off of certain cryptocurrencies that the fraudsters managed to get their hands on. Besides the 1.96M $AVAX coins spotted by ZachXBT, 350,000,000,000 #TerraLunaClassic (LUNC) tokens were drained from BtcTurk’s treasury.
These $LUNC coins, equaling $28.55 million, were moved between crypto wallets in an attempt to conceal the origin of the funds. Upon further investigation by DailyCoin, the fraudsters first cashed out 325B #LUNC✅ tokens from one of BtcTurk’s hot wallets. These digital assets were conveyed to multiple decoy wallets on Terra Classic’s chain before finally being deposited to Binance.
#IntroToCopytrading #altcoins
DONT WORRY !
#LUNC✅ ki price down ni ho ge .
Iska support level bhot strong ha. Don’t be foolish.
Stay positive and think positive!
Agar ap Abe #LUNCUSD ma invest kr rhy ha to ap bhot jald millionaire ho rhy ha .
Iska support level 0.00008000 $ ha !
Current price 0.00008149$ chal rhe ha
Lunc ki price up hony wali ha Abe apny coin ko hold rakhy or achy time ka wait kry .
Keep patience !
If you agree from my personal opinion so like comments and share my post
#altcoins #SpotTradingSuccess
#skyrocket
#LUNC✅ ki price down ni ho ge .
Iska support level bhot strong ha. Don’t be foolish.
Stay positive and think positive!
Agar ap Abe #LUNCUSD ma invest kr rhy ha to ap bhot jald millionaire ho rhy ha .
Iska support level 0.00008000 $ ha !
Current price 0.00008149$ chal rhe ha
Lunc ki price up hony wali ha Abe apny coin ko hold rakhy or achy time ka wait kry .
Keep patience !
If you agree from my personal opinion so like comments and share my post
#altcoins #SpotTradingSuccess
#skyrocket
#LUNC✅ Here’s a summary of the recent news regarding the Terra Luna Classic (LUNC) hack:
BtcTurk Delisting: Terra Luna Classic was delisted by Turkey’s top exchange, BtcTurk, after a significant hack. The security audit firm CertiK reported that over $90 million of crypto funds were drained from the platform1.
LUNC Price Impact: The hack had a notable impact on LUNC’s price, causing it to plummet to a three-month low1.
Community Response: The LUNC community is divided on how the hack will affect the performance of the cryptocurrency. Some members are concerned about the association with the hack and its effect on market cap1.
Token Burn: Despite the hack, there is optimism in the LUNC community due to an upcoming massive token burn by Binance, which is expected to reduce the asset’s supply and potentially lead to a price rally2.$LUNC
BtcTurk Delisting: Terra Luna Classic was delisted by Turkey’s top exchange, BtcTurk, after a significant hack. The security audit firm CertiK reported that over $90 million of crypto funds were drained from the platform1.
LUNC Price Impact: The hack had a notable impact on LUNC’s price, causing it to plummet to a three-month low1.
Community Response: The LUNC community is divided on how the hack will affect the performance of the cryptocurrency. Some members are concerned about the association with the hack and its effect on market cap1.
Token Burn: Despite the hack, there is optimism in the LUNC community due to an upcoming massive token burn by Binance, which is expected to reduce the asset’s supply and potentially lead to a price rally2.$LUNC
#LUNC✅ The Terra Luna Classic (LUNC) token experienced a significant event recently. A major security breach at the Turkish cryptocurrency exchange BtcTurk led to the theft and subsequent dumping of LUNC tokens on the market. The hack resulted in the loss of approximately $90 million worth of crypto funds, including 350,000,000,000 LUNC tokens1. This incident caused a substantial sell-off and contributed to LUNC’s price drop to a three-month low1.
Additionally, Binance conducted its 11th burn of LUNC tokens, destroying 2.65 billion tokens and reducing the circulating supply2. This burn mechanism is part of LUNC’s strategy to decrease its total supply over time, which could potentially increase the token’s value2.
The community has been actively involved in these events, with various projects contributing to the burn rate of LUNC tokens. The collective efforts aim to reduce the hyperinflated supply and stabilize the token’s market performance
Additionally, Binance conducted its 11th burn of LUNC tokens, destroying 2.65 billion tokens and reducing the circulating supply2. This burn mechanism is part of LUNC’s strategy to decrease its total supply over time, which could potentially increase the token’s value2.
The community has been actively involved in these events, with various projects contributing to the burn rate of LUNC tokens. The collective efforts aim to reduce the hyperinflated supply and stabilize the token’s market performance