LUNA✅
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Growth Efforts to Restore the Terra Classic Ecosystem
$LUNC
was originally known as $LUNA
prior to the collapse of its algorithmic #stablecoin UST in May 2022. The cryptocurrency was worth over $100 and had a capitalization of $40 billion.
However, the stablecoin collapse resulted in an increased token supply, leading to a rapid devaluation and general panic among holders. In just a few days, the previous years’ development was wiped away, effectively bringing #LUNA✅ to a halt.
The #TerraLunaClassic Community presented different initiatives to restore the project’s legacy. For instance, the community recently voted for the Tax2Gas upgrade, which impacted the network’s core components and introduced some critical security patches.
In another development, the community voted to implement a proposal to burn 46.55 million $USTC
through contract migration. As CNF noted in previous updates, efforts to reduce USTC’s circulating supply remain part of the larger goal to return the token to $1. This move could have a strong positive impact on #LUNC✅ by pushing the price upwards.
Furthermore, #TerraformLabs , the company behind Terra Luna Classic, has been confirmed as closed. This development will help eliminate centralization and restore trust. Thus, the LUNC project is now effectively owned by the community and focuses on long-term rebuilding.
was originally known as $LUNA
prior to the collapse of its algorithmic #stablecoin UST in May 2022. The cryptocurrency was worth over $100 and had a capitalization of $40 billion.
However, the stablecoin collapse resulted in an increased token supply, leading to a rapid devaluation and general panic among holders. In just a few days, the previous years’ development was wiped away, effectively bringing #LUNA✅ to a halt.
The #TerraLunaClassic Community presented different initiatives to restore the project’s legacy. For instance, the community recently voted for the Tax2Gas upgrade, which impacted the network’s core components and introduced some critical security patches.
In another development, the community voted to implement a proposal to burn 46.55 million $USTC
through contract migration. As CNF noted in previous updates, efforts to reduce USTC’s circulating supply remain part of the larger goal to return the token to $1. This move could have a strong positive impact on #LUNC✅ by pushing the price upwards.
Furthermore, #TerraformLabs , the company behind Terra Luna Classic, has been confirmed as closed. This development will help eliminate centralization and restore trust. Thus, the LUNC project is now effectively owned by the community and focuses on long-term rebuilding.
LUNA/USDT: Potential for a Bullish Move on Lower Timeframes
#LUNA🔥🔥🔥 #LUNA✅ #LUNAUpdate #BinanceSquareFamily #Write2Earn!
LUNA has been respecting key support levels on lower timeframes, particularly the **5-minute and 15-minute charts**, which suggests a potential upward move in the near term. The setup presents a promising **Risk-Reward Ratio (RR) of 3.79**, indicating that the reward potential outweighs the risk involved in this trade.
1. Key Timeframes :
Lower timeframes such as 5min and 15min charts are providing signs of consolidation and support, setting the stage for a potential upward breakout.
2. Bullish Setup :
Based on the current market conditions, this setup suggests that LUNA could experience a **major leg up** if the price continues to respect these lower timeframe supports.
3. Risk-Reward Ratio (RR) :
The trade setup offers an attractive **3.79 RR**, meaning for every unit of risk, the potential reward is 3.79 times higher, making it a favorable trade for risk-conscious traders.
Conclusion :
LUNA is showing signs of strength on lower timeframes, which could lead to a significant bullish move. However, traders should remain cautious and monitor these timeframes closely to confirm upward momentum.
Advice :
Consider entering the trade if the support levels on the 5min and 15min charts hold. Ensure you manage risk effectively by setting appropriate stop-loss levels, and always keep the **3.79 RR** in mind to maximize potential gains while minimizing risk.
#LUNA🔥🔥🔥 #LUNA✅ #LUNAUpdate #BinanceSquareFamily #Write2Earn!
LUNA has been respecting key support levels on lower timeframes, particularly the **5-minute and 15-minute charts**, which suggests a potential upward move in the near term. The setup presents a promising **Risk-Reward Ratio (RR) of 3.79**, indicating that the reward potential outweighs the risk involved in this trade.
1. Key Timeframes :
Lower timeframes such as 5min and 15min charts are providing signs of consolidation and support, setting the stage for a potential upward breakout.
2. Bullish Setup :
Based on the current market conditions, this setup suggests that LUNA could experience a **major leg up** if the price continues to respect these lower timeframe supports.
3. Risk-Reward Ratio (RR) :
The trade setup offers an attractive **3.79 RR**, meaning for every unit of risk, the potential reward is 3.79 times higher, making it a favorable trade for risk-conscious traders.
Conclusion :
LUNA is showing signs of strength on lower timeframes, which could lead to a significant bullish move. However, traders should remain cautious and monitor these timeframes closely to confirm upward momentum.
Advice :
Consider entering the trade if the support levels on the 5min and 15min charts hold. Ensure you manage risk effectively by setting appropriate stop-loss levels, and always keep the **3.79 RR** in mind to maximize potential gains while minimizing risk.
🌖 LUNC trading: a past of manipulations and wild speculations
The crypto $LUNC
(Terra Luna Classic) was originally known as $LUNA
, before one of the most impactful collapses in the crypto world occurred in May 2022.
The result is that the supply of the crypto has increased dramatically, leading to a rapid devaluation and general panic among the holders.
In a few days, the progress of the previous years was wiped out, bringing #LUNA✅ (later renamed LUNC) practically to zero.
In the meantime, the community has split in two, with one part executing a fork of the chain and the other remaining in the original cryptographic environment.
The heroes who chose to stay on the old chain, changing the crypto ticker to LUNC, then fueled a phase of speculation and manipulation of prices.
From June 2022 to today, there have been some phases of uncontrolled and unjustified rise, driven by low liquidity for trading.
In September 2022, in a few days the price of #LUNC✅ rose from 0.00009 dollars to 0.0005 dollars, offering ample profit opportunities to speculators.
In December 2023, after a long downtrend phase, the followers of the crypto #TerraLunaClassic returned to push the price up.
Here too, the rise offered easy multipliers to traders who manipulated the trend in the #BullMarkets of the crypto product.
We would not be surprised, therefore, to see, as analyst Marks suggests, a growth up to 545% for LUNC.
#TrumpDeFi
The crypto $LUNC
(Terra Luna Classic) was originally known as $LUNA
, before one of the most impactful collapses in the crypto world occurred in May 2022.
The result is that the supply of the crypto has increased dramatically, leading to a rapid devaluation and general panic among the holders.
In a few days, the progress of the previous years was wiped out, bringing #LUNA✅ (later renamed LUNC) practically to zero.
In the meantime, the community has split in two, with one part executing a fork of the chain and the other remaining in the original cryptographic environment.
The heroes who chose to stay on the old chain, changing the crypto ticker to LUNC, then fueled a phase of speculation and manipulation of prices.
From June 2022 to today, there have been some phases of uncontrolled and unjustified rise, driven by low liquidity for trading.
In September 2022, in a few days the price of #LUNC✅ rose from 0.00009 dollars to 0.0005 dollars, offering ample profit opportunities to speculators.
In December 2023, after a long downtrend phase, the followers of the crypto #TerraLunaClassic returned to push the price up.
Here too, the rise offered easy multipliers to traders who manipulated the trend in the #BullMarkets of the crypto product.
We would not be surprised, therefore, to see, as analyst Marks suggests, a growth up to 545% for LUNC.
#TrumpDeFi
$LUNA acccumulation phase going on.
$LUNA was one of the best project previous bullrun.
still not a bad project in this market.
we can see a big pump from here
Target- 0.4-0.45-0.50$
Midterm- 1$
#LUNA✅
#BTC☀
#BinanceTrendingTokens
#BULLishWithBULL
$LUNA was one of the best project previous bullrun.
still not a bad project in this market.
we can see a big pump from here
Target- 0.4-0.45-0.50$
Midterm- 1$
#LUNA✅
#BTC☀
#BinanceTrendingTokens
#BULLishWithBULL
LUNC trading: a past of manipulations and wild speculations
The crypto $LUNC
(#TerraLunaClassic ) was originally known as $LUNA
, before one of the most impactful collapses in the crypto world occurred in May 2022.
The cryptocurrency, which at the time was worth over 100 dollars for a capitalization of 40 billion dollars, was the victim of an attack on its algorithmic #stablecoin UST.
The result is that the supply of the crypto has increased dramatically, leading to a rapid devaluation and general panic among the holders.
In a few days, the progress of the previous years was wiped out, bringing #LUNA✅ (later renamed #LUNC✅ ) practically to zero.
In the meantime, the community has split in two, with one part executing a fork of the chain and the other remaining in the original cryptographic environment.
#moonbix
(#TerraLunaClassic ) was originally known as $LUNA
, before one of the most impactful collapses in the crypto world occurred in May 2022.
The cryptocurrency, which at the time was worth over 100 dollars for a capitalization of 40 billion dollars, was the victim of an attack on its algorithmic #stablecoin UST.
The result is that the supply of the crypto has increased dramatically, leading to a rapid devaluation and general panic among the holders.
In a few days, the progress of the previous years was wiped out, bringing #LUNA✅ (later renamed #LUNC✅ ) practically to zero.
In the meantime, the community has split in two, with one part executing a fork of the chain and the other remaining in the original cryptographic environment.
#moonbix
🌖 Terra Luna Classic LUNC Coin and Protocol Review
Terra Luna Classic emerged after the infamous collapse of the Terra Luna project in 2022. The coin was part of the Terra ecosystem, which powered the algorithmic stablecoin UST (now $USTC
).
The project suffered a massive blow following the de-pegging of UST from the dollar, leading to a hard fork. Whereas the old chain was called Terra Classic, the token Terra ($LUNA
) came to be rebranded as Terra Luna Classic (#LUNC✅ ), while the new version of Terra kept on working with a token called #LUNA✅ 2.0.
The #TerraLunaClassic blockchain continues the original Terra network goal of building a decentralized financial world. The project uses the PoS consensus algorithm, which permits users to stake tokens and maintain the network as a reward.
The total supply of $LUNC
is approximately 6.77 trillion tokens, with a circulating supply of around 5.72 trillion tokens. With a price of $0.00008973, LUNC boasts a market cap of $514 million, which could grow as token burns become more intensive.
Since the crash, the community has mainly worked toward increasing the LUNC burn rate to shrink the enormous supply and boost demand with an increase in the token’s price. Not deterred by the setback, the community is very strong in working on rebuilding the platform and trying to attract more developers and users into the #TerraClassic ecosystem.
#10MTradersLeague
).
The project suffered a massive blow following the de-pegging of UST from the dollar, leading to a hard fork. Whereas the old chain was called Terra Classic, the token Terra ($LUNA
) came to be rebranded as Terra Luna Classic (#LUNC✅ ), while the new version of Terra kept on working with a token called #LUNA✅ 2.0.
The #TerraLunaClassic blockchain continues the original Terra network goal of building a decentralized financial world. The project uses the PoS consensus algorithm, which permits users to stake tokens and maintain the network as a reward.
The total supply of $LUNC
is approximately 6.77 trillion tokens, with a circulating supply of around 5.72 trillion tokens. With a price of $0.00008973, LUNC boasts a market cap of $514 million, which could grow as token burns become more intensive.
Since the crash, the community has mainly worked toward increasing the LUNC burn rate to shrink the enormous supply and boost demand with an increase in the token’s price. Not deterred by the setback, the community is very strong in working on rebuilding the platform and trying to attract more developers and users into the #TerraClassic ecosystem.
#10MTradersLeague
Spot Signal 🚦
$LUNA
Entry price
0.66/0.65
Target
0.69
0.72
0.75
0.80
0.85
0.90
#spot_trading_signal #spotsignal #spotcall #LUNA✅
$LUNA
Entry price
0.66/0.65
Target
0.69
0.72
0.75
0.80
0.85
0.90
#spot_trading_signal #spotsignal #spotcall #LUNA✅
#LUNC In 3 hours LUNC Fall Down And Break Its 6 resistances now 3 Resistances Converted Into A Big Support For Terra What Happen Next Nobody Knows But One Thing Is Confirmed That the Next Week For Only Terra Because if Lunc Have Ability To Break Its 3 Resistances In 1Hour Then Its Going To A Big Move And Wonder The World Guys Its Time To Take Entry As Now Or Never Decision
keep In Mind Guys
#bitcoinhalving #Bonk #LUNA✅
keep In Mind Guys
#bitcoinhalving #Bonk #LUNA✅
#cryptoSEC Gains Court Victory Against Terraform Labs and Do Kwon Reports:
The U.S. Securities and Exchange Commission (SEC) has secured a significant court victory against Terraform Labs and its founder, Do Kwon. The court ruled in favor of the SEC, finding Terraform Labs and Kwon liable for violating federal securities laws.The SEC had accused Terraform Labs and Do Kwon of selling unregistered securities in the form of its native cryptocurrency, Luna. The court's decision marks a significant milestone in the SEC's ongoing efforts to regulate the rapidly evolving cryptocurrency industry.As a result of the court's ruling, Terraform Labs and Do Kwon may be subject to financial penalties and other sanctions. The SEC's victory underscores the importance of compliance with federal securities laws, even in the burgeoning field of cryptocurrencies.
#BullorBear
#CryptoApril
#LUNA✅
#LUNC✅
The U.S. Securities and Exchange Commission (SEC) has secured a significant court victory against Terraform Labs and its founder, Do Kwon. The court ruled in favor of the SEC, finding Terraform Labs and Kwon liable for violating federal securities laws.The SEC had accused Terraform Labs and Do Kwon of selling unregistered securities in the form of its native cryptocurrency, Luna. The court's decision marks a significant milestone in the SEC's ongoing efforts to regulate the rapidly evolving cryptocurrency industry.As a result of the court's ruling, Terraform Labs and Do Kwon may be subject to financial penalties and other sanctions. The SEC's victory underscores the importance of compliance with federal securities laws, even in the burgeoning field of cryptocurrencies.
#BullorBear
#CryptoApril
#LUNA✅
#LUNC✅
#LUNC✅ #LUNA✅
If you have passive income don't invest both bullshit baggers coins ...keep never hope about both coins he pumps and you become a millionaire 😄😄😄..
if you invest and hold for pumps hope's you became a baggers soon 🤣🤣🤣🤣🤣
be careful and do not put any trade just a little news always depends yourself and set your goals and win slow by slow ..
..if you're playing slowly one day you can do it ......
#LUNC! #LUNA✅ #write2earn….
If you have passive income don't invest both bullshit baggers coins ...keep never hope about both coins he pumps and you become a millionaire 😄😄😄..
if you invest and hold for pumps hope's you became a baggers soon 🤣🤣🤣🤣🤣
be careful and do not put any trade just a little news always depends yourself and set your goals and win slow by slow ..
..if you're playing slowly one day you can do it ......
#LUNC! #LUNA✅ #write2earn….
$LUNA #LUNA✅ Should I keep it or sell it? Experts give me your opinion. My liquidate is up to 0.70 and if I add more I can take it up to 0.31 if I close here I will be 3400+$. Will be wasted
🤔🤔 YOUR THOUGHTS? 🤔🤔
Do you think the burn mechanism will significantly impact LUNC's price?
#LUNAUpdate #LUNA✅ #LUNA🔥🔥🔥
Do you think the burn mechanism will significantly impact LUNC's price?
#LUNAUpdate #LUNA✅ #LUNA🔥🔥🔥
Yes, it's a game-changer
60%
No, it's not enough
31%
Unsure, time will tell
9%
90 votos • Votação encerrada
Type 'YES' to Affirm.
$BTC $100,000 👉before #bitcoinhalving 2024 🙏
$SHIB $0.01
$PEPE $0.009
#BONK🔥🔥 $0.07
#LUNA✅ Stablecoin $1
🎁My Finally BIGGEST Crypto Giveaway.! please check my pinned post soon. Limited people Hurry up guys.!🎁
#Memecoins #CryptoNews🚀🔥
$BTC $100,000 👉before #bitcoinhalving 2024 🙏
$SHIB $0.01
$PEPE $0.009
#BONK🔥🔥 $0.07
#LUNA✅ Stablecoin $1
🎁My Finally BIGGEST Crypto Giveaway.! please check my pinned post soon. Limited people Hurry up guys.!🎁
#Memecoins #CryptoNews🚀🔥
