Here some recent developments and bullish plans for LUNC crypto:

1. Terra's USTC and LUNC Crypto Tokens Skyrocket on BTC-Based Comeback Plan: In May 2024, TerraClassicUSD (USTC) experienced a 300% gain in just one week due to plans of a BTC-based comeback. This news fueled a speculative frenzy in the market.

2. Key Strategic Factors That Could Elevate Terra Classic (LUNC) to $1: The price of Terra Classic (LUNC) has been experiencing a tug-of-war between bulls and bears, with the price currently below $0.0001. However, there are strategic factors that could potentially push the price of LUNC to $1, creating a bullish sentiment in the market.

3. Terra Classic Nears 100 Billion Burn Milestone: The Terra Classic community is approaching a significant milestone of burning 100 billion LUNC tokens. This milestone is seen as a bullish sign for LUNC, and it has contributed to the token's recent rally.

4. Terra Classic L1 Releases Q2 Roadmap: The development team behind Terra Classic L1 has released their Q2 roadmap, which includes plans for token burns, staking, and other initiatives to support the revitalization of LUNC. The community is actively working towards the goal of reaching $1 for LUNC.

Sources:

- CoinDesk
- CoinGape
- Finbold
- The Crypto Basic

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The V22 upgrade on the Luna Classic (LUNC) network brings several important changes and enhancements to the ecosystem. Here are some details about the upgrade and its impact on LUNC token holders:

1. Staking LUNC Tokens: With the V22 upgrade, LUNC token holders can now stake their tokens. Staking involves locking up your LUNC tokens in a smart contract to support the network's operations and earn rewards in return. By staking LUNC, token holders contribute to the security and stability of the Luna Classic network.

2. Voting on Ecosystem Proposals: The V22 upgrade also enables LUNC token holders to participate in the governance of the Luna Classic ecosystem. Token holders can vote on proposals that determine the future direction and development of the network. This gives LUNC holders a voice in decision-making processes and allows them to shape the ecosystem according to their preferences.

3. 1.2% Tax Burn: As part of the V22 upgrade, there is a planned 1.2% tax burn scheduled to take place from September 20. The purpose of this burn is to help stabilize the LUNC token and potentially improve its value over time. This burn mechanism reduces the circulating supply of LUNC tokens, which can have a positive impact on the token's scarcity and price dynamics.

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Here are a few possible reasons why the percentage changes in BTC may appear lower compared to other coins:

1. Market Dominance: Bitcoin is the first and most well-known cryptocurrency, often referred to as the "digital gold." It has a significant market share and a large number of investors. As a result, its price movements may be more stable compared to other cryptocurrencies with smaller market caps.

2. Market Sentiment: The overall sentiment and perception of cryptocurrencies can impact their prices. Bitcoin, being the flagship cryptocurrency, tends to be less volatile during periods of market uncertainty or negative sentiment. Investors may view Bitcoin as a relatively safer option, leading to smaller percentage changes in price compared to other coins.

3. Liquidity: Bitcoin has higher liquidity compared to many other cryptocurrencies. Higher liquidity means that there is a larger volume of buyers and sellers in the market, which can result in smoother price movements and smaller percentage changes.

4. Market Manipulation: The cryptocurrency market is still relatively young and can be susceptible to market manipulation. Some smaller coins with lower market caps may experience more significant price swings due to speculative trading or pump-and-dump schemes.

5. Regulatory Factors: Regulatory actions or announcements by governments and financial institutions can impact the cryptocurrency market. Bitcoin, being the most prominent cryptocurrency, may be subject to more scrutiny and regulatory measures, which could contribute to its relatively lower percentage changes.

Cryptocurrency markets are highly complex and influenced by numerous factors. The reasons mentioned above are just a few possibilities, and the actual dynamics of the market can be much more intricate.

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Upcoming events or announcements related to Luna Classic (LUNC):

1. Luna Classic Roadmap: Luna Classic has recently deployed the V22 upgrade, which allows users to stake their LUNC tokens and vote on ecosystem proposals. Additionally, there is a 1.2% tax burn scheduled to take place from September 20. You can find more details about the Luna Classic roadmap on Gfinity Esports.

2. Terra Luna Classic (LUNC) Calendar: You can check the release schedule, listings, hard forks, halvings, and swaps related to Luna Classic on Coindar. This calendar provides information about past and upcoming events related to Luna Classic.

3. Luncsphere: Luncsphere is a hub for the Luna Classic ecosystem, where you can stay updated with the latest developments, such as the launch of new applications, upcoming AMAs, NFT projects, or network upgrades. You can find more information on the Luncsphere website.

4. Latest LUNC News: You can stay updated with the latest news, trends, updates, and reports about Luna Classic (LUNC) on COIN360. They provide information about the current price, market capitalization, and trading volume of LUNC.

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Jasmy Inc., the corporation behind Jasmy Me Coin, is led by a team of former Sony executives. Here is some information about the leadership team of Jasmy Inc. mentioned in the Yahoo Finance article:

Kunitake Ando: Kunitake Ando is the Representative Director of Jasmy Inc. He is a former President and Chief Operating Officer (COO) of Sony Corporation. He has also served as the President and COO of US Sony Engineering and Manufacturing of America, Chairman of Sony Financial Holdings, and Chairman of Sony Life Insurance Co., Ltd. Ando assumed office as the CEO of Jasmy Inc. in April 2016.

Besides Kunitake Ando, the Representative Director of Jasmy Inc., there is limited information available about the other members of the leadership team of Jasmy Inc. However, here are some details:

1. Kazumasa Sato: Kazumasa Sato is mentioned as one of the co-founders of Jasmy Inc. He is a former Sony executive, but specific details about his role within Jasmy Inc. are not readily available.

2. Hiroshi Harada: Hiroshi Harada is mentioned as a former employee at KPMG and the Chief Financial Officer (CFO) of Jasmy Inc. He is involved in the financial aspects of the company.

Sources:
- Jasmy Company Profile
- Jasmy Global - About Us
- Medium - Jasmy Hoo AMA
- Capital.com - Who Owns The Most JASMY?
- Yahoo Finance
- Money Morning
- Kyodo News

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"LUNC’s New CEO Outlines Vision for $1 Valuation and Wealth Creation," the newly appointed CEO of LUNC, known as CEO SOS, has outlined a vision to propel the company to a valuation of $1 and create wealth for its stakeholders. The CEO's plan involves several key strategies:

1. Building a Strong Ecosystem: The CEO aims to develop a robust ecosystem around LUNC, including partnerships with other companies, developers, and investors. This ecosystem will contribute to the growth and adoption of LUNC, ultimately leading to an increase in its valuation.

2. Enhancing Technology and Innovation: The CEO emphasizes the importance of continuous technological advancements and innovation. By investing in research and development, LUNC aims to stay at the forefront of technological advancements in its industry, which will attract more users and investors.

3. Expanding Use Cases: LUNC plans to expand the use cases of its platform to attract a wider user base. By offering diverse services and solutions, LUNC aims to increase its adoption and utility, which will positively impact its valuation.

4. Community Engagement: The CEO recognizes the significance of a strong and engaged community. LUNC aims to foster an active and supportive community by encouraging participation, providing incentives, and implementing community-driven initiatives. This will contribute to the growth and success of LUNC.

Overall, the CEO's vision for LUNC revolves around creating a thriving ecosystem, leveraging technology and innovation, expanding use cases, and fostering community engagement. These strategies are expected to drive LUNC's valuation to $1 and create wealth for its stakeholders.

🔥Total LUNC Burn
✅99.07 B

🔥Last 7 days
✅428,085,654 LUNC Burned

🔵Since May 13, 2022

LUNC Circulating Supply
5.78 T
Total Supply: 6.81 T

✅Updated February 22,2024

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Binance has supported the LUNC (Terra Luna Classic) ecosystem in several ways:

1. Investment: Binance invested $3 million in Terra (now Terra Luna Classic) and has not moved or sold their LUNC holdings. This investment demonstrates Binance's financial support and belief in the LUNC project.

2. Burn Mechanism: Binance has implemented a Terra Classic (LUNC) burn mechanism on its trading fees. This means that a portion of the trading fees generated on the Binance platform is used to buy and burn LUNC tokens, reducing the total supply over time. This burn mechanism helps create scarcity and can potentially increase the value of LUNC tokens.

3. Listing Support: Binance has listed LUNC on its exchange, providing liquidity and access to a wide range of traders and investors. This listing support helps increase the visibility and trading volume of LUNC, contributing to its growth and development.

4. Community Engagement: former CEO Changpeng Zhao (CZ) has been called upon by the LUNC community for his leadership and guidance in the revival efforts for the network. CZ's involvement and support have helped rally the community and bring attention to the LUNC ecosystem.

Overall, Binance's support has provided financial backing, liquidity, and visibility to the LUNC ecosystem, contributing to its growth and development.

Sources:

- CEO Disclosing LUNC Holdings Renewed Terra Luna Classic
- LUNC Burn
- LUNC community calls for CEO’s leadership as Terra Luna Classic price falls
- Burns Over $5.6B LUNC Tokens – Major Milestone Achieved

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Bonk, a meme coin. According to recent reports, Bonk has seen significant gains in price. Here are some highlights of the bullish updates about Bonk:

1. "Three Memecoins to Outperform Injective (INJ) in 2024: Bonk (BONK)" - Bonk has been hailed as one of the most bullish altcoin plays in 2024, with significant room for growth despite its staggering growth in 2023.

2. "Bonk Price Up 29% in a Week; Could This New Solana Meme Coin Surge Next?" - Bonk recently broke a descending triangle chart pattern and is anticipated to have a trend line retest before an explosive pump.

3. "Revolut to List Bonk, Distribute $1.2M of Meme Coin in Learn Campaign" - Revolut will list Bonk and distribute $1.2 million worth of the meme coin as part of their learn campaign.

4. "Bonk Price Soars 30%, - Solana meme coin Bonk has seen a rally of over 30% in the last two days, backed by increased trading volumes.

5. "Bonk (BONK) has a Very Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market" - Bonk's price is currently above resistance, and it is potentially in a volatile position if the rally burns out.

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Luna Classic (LUNC) has recently been experiencing some bullish updates and positive developments. Here are a few highlights:

1. Terra Classic Nears 100 Billion Burn Milestone: Finbold reported that Terra Classic is approaching a significant milestone of burning 100 billion LUNC tokens. This development is seen as bullish for LUNC and has contributed to its recent rally.

2. Bullish Rating from InvestorsObserver: has given Terra Classic a bullish rating. This indicates positive sentiment towards LUNC and suggests potential growth opportunities.

3. Return to Top 100 Crypto Assets: Terra Classic has recently returned to the top 100 crypto assets by market capitalization. This achievement reflects the growing popularity and potential of LUNC.

Sources:

- Finbold - Terra Classic Nears 100 Billion Burn Milestone: Bullish for LUNC

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