LUNCDream
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bad thin that discrediting the maket of cryptocurrency😔😔
#BNBecosystem
#ChatGPT-3.5
#BinanceBlockchainWeek
#LUNCDream
#BNBecosystem
#ChatGPT-3.5
#BinanceBlockchainWeek
#LUNCDream
LIVE
CZ
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Two people both having access to one private key (or seed) is a very bad idea. It's almost impossible to tell who may have caused the "leak" when a hack happens. Should not be done like that.
Bitcoin (BTC) Price Trades Near 50 Day EMA, Will it Retest $30K?
Bitcoin (BTC) price trading below the crucial barrier of $30k, and sellers maintained their grip by tightly preventing the range. However, mighty bulls continuously tried to overtake the spot but failed to surpass it. In the last month, BTC price showed a breakout of the falling wedge pattern and rallied toward $31K, but buyers did not sustain there and showed a retracement toward $29K.
At the moment, Bitcoin (BTC) technical parameters indicate the buyers are accumulating the price and looking to retest the $30K mark soon. However, the price is close to the 100-day EMA, and a bounce can be anticipated. Moreover, BTC price trading inside the rising wedge pattern took support at $28500 and showed a bounce.
However, the BTC price was noted as a fake breakout on the charts, and buyers were trapped in the last sessions, trying to attain a bounce to unwind their long positions, indicating a rebound toward $30K in the upcoming sessions.
At press time, Bitcoin (BTC) price is trading at $28,911 with an intraday drop of 1.58% showing neutral indications. Moreover, the trading volume increased by 2.32% to $14.43 Billion. However, the market capitalization of BTC is $561.86 Billion. The intraday high of BTC is $29,468.88, and the intraday low is $28,835.13 showing a failure to sustain above $29K.
#LUNCDream #CryptoWorldbyINQ2 $BTC
At the moment, Bitcoin (BTC) technical parameters indicate the buyers are accumulating the price and looking to retest the $30K mark soon. However, the price is close to the 100-day EMA, and a bounce can be anticipated. Moreover, BTC price trading inside the rising wedge pattern took support at $28500 and showed a bounce.
However, the BTC price was noted as a fake breakout on the charts, and buyers were trapped in the last sessions, trying to attain a bounce to unwind their long positions, indicating a rebound toward $30K in the upcoming sessions.
At press time, Bitcoin (BTC) price is trading at $28,911 with an intraday drop of 1.58% showing neutral indications. Moreover, the trading volume increased by 2.32% to $14.43 Billion. However, the market capitalization of BTC is $561.86 Billion. The intraday high of BTC is $29,468.88, and the intraday low is $28,835.13 showing a failure to sustain above $29K.
#LUNCDream #CryptoWorldbyINQ2 $BTC
Altcoins Take the Spotlight: LUNC, IOTA, and ORDI Soar in Recent Gains
While Bitcoin and Ethereum have experienced significant upticks in the past week, with increases of 13% and 10% respectively, a handful of altcoins have stolen the show with even more impressive gains. LUNC, IOTA, and ORDI have emerged as the top performers this week, each posting remarkable surges in value.
LUNC (Terra Classic)
LUNC, the native token of the Terra Classic blockchain, has been on a tear this week, skyrocketing over 100% in the past seven days. This surge comes amid renewed interest in the project following the recent launch of its v2.0 mainnet, which aims to address the issues that led to the Terra ecosystem's collapse in May.
IOTA (MIOTA)
IOTA, the token powering the IOTA Tangle, a feeless and scalable distributed ledger technology, has also seen significant gains this week, climbing over 60% in value. This upward trend is likely attributed to the project's recent partnerships with major companies, including Bosch and Dell Technologies.
ORDI (ORDI Network)
ORDI, the native token of the ORDI Network, a decentralized data storage and sharing platform, has also experienced impressive growth this week, surging over 50% in value. This surge is likely fueled by the project's recent launch of its mainnet and the growing interest in decentralized data storage solutions.
Altcoin Dominance on the Rise
The strong performance of these altcoins highlights the growing dominance of altcoins in the crypto market. As investors seek out alternative investment options with potentially higher returns, altcoins are gaining traction and attracting increasing attention.
Important Considerations
As with any investment, it's crucial to conduct thorough research and exercise caution before investing in altcoins. The crypto market is highly volatile, and altcoins are often riskier than more established cryptocurrencies like Bitcoin and Ethereum. Investors should only invest in altcoins they understand and have a reasonable expectation of success.
#ORDI
#IOTA/USDT
#LUNCDream
While Bitcoin and Ethereum have experienced significant upticks in the past week, with increases of 13% and 10% respectively, a handful of altcoins have stolen the show with even more impressive gains. LUNC, IOTA, and ORDI have emerged as the top performers this week, each posting remarkable surges in value.
LUNC (Terra Classic)
LUNC, the native token of the Terra Classic blockchain, has been on a tear this week, skyrocketing over 100% in the past seven days. This surge comes amid renewed interest in the project following the recent launch of its v2.0 mainnet, which aims to address the issues that led to the Terra ecosystem's collapse in May.
IOTA (MIOTA)
IOTA, the token powering the IOTA Tangle, a feeless and scalable distributed ledger technology, has also seen significant gains this week, climbing over 60% in value. This upward trend is likely attributed to the project's recent partnerships with major companies, including Bosch and Dell Technologies.
ORDI (ORDI Network)
ORDI, the native token of the ORDI Network, a decentralized data storage and sharing platform, has also experienced impressive growth this week, surging over 50% in value. This surge is likely fueled by the project's recent launch of its mainnet and the growing interest in decentralized data storage solutions.
Altcoin Dominance on the Rise
The strong performance of these altcoins highlights the growing dominance of altcoins in the crypto market. As investors seek out alternative investment options with potentially higher returns, altcoins are gaining traction and attracting increasing attention.
Important Considerations
As with any investment, it's crucial to conduct thorough research and exercise caution before investing in altcoins. The crypto market is highly volatile, and altcoins are often riskier than more established cryptocurrencies like Bitcoin and Ethereum. Investors should only invest in altcoins they understand and have a reasonable expectation of success.
#ORDI
#IOTA/USDT
#LUNCDream
Bitcoin Price Recovers Within Range, Bears Still In Control Below $30K
Bitcoin price is recovering higher from the $29,000 support. BTC could revisit the key $29,700 resistance zone in the coming sessions.
Bitcoin is slowly moving higher above the $29,200 and $29,300 levels.
The price is trading above $29,300 and the 100 hourly Simple moving average.
There was a break below a key bearish trend line with resistance near $29,375 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could rise toward the next major resistance at $29,700.
Bitcoin Price Faces Many Hurdles
Bitcoin price retested the $29,050 support zone where the bulls emerged. BTC remained strong above the $29,000 zone and recently started a fresh increase.
There was a clear move above the $29,250 and $29,300 levels. The price broke the 50% Fib retracement level of the downward move from the $29,678 swing high to the $29,070 support. Besides, there was a break below a key bearish trend line with resistance near $29,375 on the hourly chart of the BTC/USD pair.
Bitcoin is now trading above $29,300 and the 100 hourly Simple moving average. It is now facing resistance near the $29,450 level.
It seems like the 61.8% Fib retracement level of the downward move from the $29,678 swing high to the $29,070 support is acting as a resistance. The first major resistance is still near the $29,650 level. The next major resistance is near the $29,700 level, above which the price might rise toward the $30,000 resistance zone.
A close above the $30,000 resistance zone could start a decent increase. In the stated case, the price may even surpass the $30,400 resistance.
Fresh Decline in BTC?
If Bitcoin fails to clear the $29,700 resistance, it could start a fresh decline. Immediate support on the downside is near the $29,300 level and the 100 hourly Simple moving average.
The next major support is near the $29,050 level, below which the price could accelerate lower. The next support is near the $28,800 level. Any more losses might call for a move toward the $28,200 level in the near term.
Technical indicators:
Hourly MACD – The MACD is now gaining pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major Support Levels – $29,200, followed by $29,050.
Major Resistance Levels – $29,450, $29,700, and $30,000.
#LUNCDream #CryptoWorldbyINQ2 $BTC
Reference newsbtc.com
Bitcoin is slowly moving higher above the $29,200 and $29,300 levels.
The price is trading above $29,300 and the 100 hourly Simple moving average.
There was a break below a key bearish trend line with resistance near $29,375 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could rise toward the next major resistance at $29,700.
Bitcoin Price Faces Many Hurdles
Bitcoin price retested the $29,050 support zone where the bulls emerged. BTC remained strong above the $29,000 zone and recently started a fresh increase.
There was a clear move above the $29,250 and $29,300 levels. The price broke the 50% Fib retracement level of the downward move from the $29,678 swing high to the $29,070 support. Besides, there was a break below a key bearish trend line with resistance near $29,375 on the hourly chart of the BTC/USD pair.
Bitcoin is now trading above $29,300 and the 100 hourly Simple moving average. It is now facing resistance near the $29,450 level.
It seems like the 61.8% Fib retracement level of the downward move from the $29,678 swing high to the $29,070 support is acting as a resistance. The first major resistance is still near the $29,650 level. The next major resistance is near the $29,700 level, above which the price might rise toward the $30,000 resistance zone.
A close above the $30,000 resistance zone could start a decent increase. In the stated case, the price may even surpass the $30,400 resistance.
Fresh Decline in BTC?
If Bitcoin fails to clear the $29,700 resistance, it could start a fresh decline. Immediate support on the downside is near the $29,300 level and the 100 hourly Simple moving average.
The next major support is near the $29,050 level, below which the price could accelerate lower. The next support is near the $28,800 level. Any more losses might call for a move toward the $28,200 level in the near term.
Technical indicators:
Hourly MACD – The MACD is now gaining pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major Support Levels – $29,200, followed by $29,050.
Major Resistance Levels – $29,450, $29,700, and $30,000.
#LUNCDream #CryptoWorldbyINQ2 $BTC
Reference newsbtc.com
🚨🚨 Pricing predictions for Terra Classic during 2023–2030🚨🚨🚨
Terra Classic 2024 Price Prediction
A decentralized group called Terra Rebels has united behind the idea of preserving the Terra Classic environment. Their goal is to restore Terra Classic's former strength. Right now, the Terra Rebels are trying to get the price of LUNC up to $0.0025.
With an average of $0.000331, the LUNC price may fluctuate between $0.0002885 and $0.000488 while taking into account the pressure from both bulls and bears
#LUNCPricePrediction #LUNCDream #luncpriceup #LUNC.USDT
Terra Classic 2024 Price Prediction
A decentralized group called Terra Rebels has united behind the idea of preserving the Terra Classic environment. Their goal is to restore Terra Classic's former strength. Right now, the Terra Rebels are trying to get the price of LUNC up to $0.0025.
With an average of $0.000331, the LUNC price may fluctuate between $0.0002885 and $0.000488 while taking into account the pressure from both bulls and bears
#LUNCPricePrediction #LUNCDream #luncpriceup #LUNC.USDT
LUNC TOKEN EXPLODED!
Let's see why
Terraform Labs acquired over 25 million TerraClassicUSD (USTC) tokens last week with a massive $500K investment. This gave USTC a big boost in confidence and liquidity, boosting its price by 300%. This momentum strengthened LUNC as well.Over 74 billion LUNC tokens have been destroyed so far through the ongoing burn tax mechanism, reducing supply and driving up prices. This is a key factor in the price increase, as the supply of LUNC tokens is decreasing while demand remains relatively constant.LUNC is being used to build new DeFi projects on the Terra ecosystem. This is helping to create new demand for the token and drive up its price.Terraform Labs is working on a new stablecoin that will be collateralized by Bitcoin (BTC). This could be a major positive development for LUNC, as it would provide the token with greater stability and value.Investors are getting interested in discounted crypto assets again after the crash, bringing fresh capital into LUNA. This is helping to support the price of LUNC.
Overall, the LUNC token has seen a significant increase in price due to a number of positive factors. The token is being used to build new DeFi projects, is being burnt through the ongoing burn tax mechanism, is being used to build a new stablecoin, and is being bought by investors who are interested in discounted crypto assets. These factors are all contributing to the price increase and could continue to do so in the future.
It is important to note that there is no guarantee that the LUNC token will continue to rise in price. The cryptocurrency market is volatile, and prices can fluctuate significantly. Investors should carefully consider their own risk tolerance and investment goals before investing in any cryptocurrency.
Thanks for reading, following and supporting guys! Keep calm and just HODL it 🚀🚀🚀
#LUNCPricePrediction #LUNC.USDT #airdropking #LUNCDream $LUNC $BTC $BNB
Terraform Labs acquired over 25 million TerraClassicUSD (USTC) tokens last week with a massive $500K investment. This gave USTC a big boost in confidence and liquidity, boosting its price by 300%. This momentum strengthened LUNC as well.Over 74 billion LUNC tokens have been destroyed so far through the ongoing burn tax mechanism, reducing supply and driving up prices. This is a key factor in the price increase, as the supply of LUNC tokens is decreasing while demand remains relatively constant.LUNC is being used to build new DeFi projects on the Terra ecosystem. This is helping to create new demand for the token and drive up its price.Terraform Labs is working on a new stablecoin that will be collateralized by Bitcoin (BTC). This could be a major positive development for LUNC, as it would provide the token with greater stability and value.Investors are getting interested in discounted crypto assets again after the crash, bringing fresh capital into LUNA. This is helping to support the price of LUNC.
Overall, the LUNC token has seen a significant increase in price due to a number of positive factors. The token is being used to build new DeFi projects, is being burnt through the ongoing burn tax mechanism, is being used to build a new stablecoin, and is being bought by investors who are interested in discounted crypto assets. These factors are all contributing to the price increase and could continue to do so in the future.
It is important to note that there is no guarantee that the LUNC token will continue to rise in price. The cryptocurrency market is volatile, and prices can fluctuate significantly. Investors should carefully consider their own risk tolerance and investment goals before investing in any cryptocurrency.
Thanks for reading, following and supporting guys! Keep calm and just HODL it 🚀🚀🚀
#LUNCPricePrediction #LUNC.USDT #airdropking #LUNCDream $LUNC $BTC $BNB
Bitcoin Price Prediction: Will BTC Price Hit $40K By Mid August?
The post Bitcoin Price Prediction: Will BTC Price Hit $40K By Mid August?appeared first on Coinpedia Fintech News
Anticipation is higher in the crypto space as experts project a bullish trend for Bitcoin’s price in the coming weeks.
Notably, the BTC is already entered its accumulation phase and as expected by everybody is eyeing a whooping $1,00,000 target before halving.
As highlighted by many there are several factors, including recent developments such as the favorable XRP lawsuit ruling and the increasing interest in spot Bitcoin ETFs by major institutions like Blackrock and Citadel, that are contributing to the positive sentiment.
One such analyst is spilling the beans about why there is an impulsive move in BTC Price.
$10K in the upcoming weeks? Analyst Theory
In a recent post in Platform X, the crypto analyst, CrediBull, stated that he has closely studied Bitcoin’s price movement and identified a significant build-up of upward momentum over the past three quarters. This suggests that a powerful surge is likely to occur in the near future, potentially propelling Bitcoin’s price above the $10,000 mark.
While displaying a strong parallel with past price movements, CrediBull notes that the previous upward surge from $24,000 to $31,000 was remarkable, and the next wave could be even more aggressive, possibly driving Bitcoin’s value up to an impressive $42,000.
But what is the reason behind such projections? He further explains that based on a pattern observed in the longer time frame, where the third wave tends to be a multiple of 1.67 times the projection of the second wave, which triggered the recent significant price increase.
However, there is one more interesting observation made by the analyst that the deviations in Bitcoin’s price since November 2023 have displayed strong upward impulses and relatively minor retracements, signalling a bullish trend.
While a minor dip might occur around the $27,900 mark before the next upward impulse, the current price range indicates that Bitcoin is potentially close to finding a local bottom. This situation has heightened expectations that an aggressive upward movement could be imminent within the next two weeks. $BTC #LUNCDream #CryptoWorldbyINQ2
Anticipation is higher in the crypto space as experts project a bullish trend for Bitcoin’s price in the coming weeks.
Notably, the BTC is already entered its accumulation phase and as expected by everybody is eyeing a whooping $1,00,000 target before halving.
As highlighted by many there are several factors, including recent developments such as the favorable XRP lawsuit ruling and the increasing interest in spot Bitcoin ETFs by major institutions like Blackrock and Citadel, that are contributing to the positive sentiment.
One such analyst is spilling the beans about why there is an impulsive move in BTC Price.
$10K in the upcoming weeks? Analyst Theory
In a recent post in Platform X, the crypto analyst, CrediBull, stated that he has closely studied Bitcoin’s price movement and identified a significant build-up of upward momentum over the past three quarters. This suggests that a powerful surge is likely to occur in the near future, potentially propelling Bitcoin’s price above the $10,000 mark.
While displaying a strong parallel with past price movements, CrediBull notes that the previous upward surge from $24,000 to $31,000 was remarkable, and the next wave could be even more aggressive, possibly driving Bitcoin’s value up to an impressive $42,000.
But what is the reason behind such projections? He further explains that based on a pattern observed in the longer time frame, where the third wave tends to be a multiple of 1.67 times the projection of the second wave, which triggered the recent significant price increase.
However, there is one more interesting observation made by the analyst that the deviations in Bitcoin’s price since November 2023 have displayed strong upward impulses and relatively minor retracements, signalling a bullish trend.
While a minor dip might occur around the $27,900 mark before the next upward impulse, the current price range indicates that Bitcoin is potentially close to finding a local bottom. This situation has heightened expectations that an aggressive upward movement could be imminent within the next two weeks. $BTC #LUNCDream #CryptoWorldbyINQ2
From Crash to Cash:
After the catastrophic failure of the original Terra blockchain in May 2022, both the new $LUNA and the remnants of the old blockchain $LUNC suffered massive price drops. However, both have rebounded with impressive performances.
Recently, the Terra Luna Classic $LUNC community made a bold move to reboot their ecosystem. They unanimously agreed to stop USTC minting by cranking up the Tobin tax to 100%. This strategic decision is part of a larger plan to revive both the token and its ecosystem. The effects were immediate, LUNC has skyrocketed from a fraction of a penny to $0.0000838, representing a 46% gain. The main driver has been community-led efforts to burn LUNC supply and reduce the circulating amount. By sending LUNC holdings to locked wallets and reducing supply, proponents aim to raise the price. The LUNC ecosystem is also being rebuilt with new DApps and use cases.
It’s impressive how LUNA and LUNC are doing right now, but other altcoins can give you even bigger gains. So, let’s check them out. always do your own research
#LUNCUpgrade #LUNCDream #LuncBurn
After the catastrophic failure of the original Terra blockchain in May 2022, both the new $LUNA and the remnants of the old blockchain $LUNC suffered massive price drops. However, both have rebounded with impressive performances.
Recently, the Terra Luna Classic $LUNC community made a bold move to reboot their ecosystem. They unanimously agreed to stop USTC minting by cranking up the Tobin tax to 100%. This strategic decision is part of a larger plan to revive both the token and its ecosystem. The effects were immediate, LUNC has skyrocketed from a fraction of a penny to $0.0000838, representing a 46% gain. The main driver has been community-led efforts to burn LUNC supply and reduce the circulating amount. By sending LUNC holdings to locked wallets and reducing supply, proponents aim to raise the price. The LUNC ecosystem is also being rebuilt with new DApps and use cases.
It’s impressive how LUNA and LUNC are doing right now, but other altcoins can give you even bigger gains. So, let’s check them out. always do your own research
#LUNCUpgrade #LUNCDream #LuncBurn
Terra Classic (LUNC) Price Prediction: A Bullish Outlook for 2023
In the fast-paced world of cryptocurrency, Terra Classic (LUNC) has emerged as a standout performer, experiencing a remarkable surge in price over the past 24 hours. The token, which has already broken past the $0.0002 mark, is now set to capture the attention of investors as we approach the year-end. ChatGPT, the renowned Large Language Model from OpenAI, predicts a further surge for LUNC, forecasting a price of $0.0003256 by December 31, 2023.Recent Performance and Momentum:LUNC's recent ascent is nothing short of impressive, climbing 32.50% in the last 24 hours alone. This surge follows a notable trend from November, where LUNC erased one zero and catapulted from $0.00006 to over $0.0001. Despite a brief correction, the token is poised to reclaim and surpass the $0.0002 mark in the near future.ChatGPT's Prediction:ChatGPT predicts a substantial 65.19% surge for LUNC before the end of the year, reflecting a momentum twice as strong as the surge witnessed in November. This optimistic forecast aligns with positive developments within the Terra Classic ecosystem, indicating a thriving blockchain with enhanced functionality and security features.Factors Driving Growth:The surge in LUNC's price is attributed to several factors contributing to its continued growth. The ongoing development of the Terra Classic ecosystem introduces new features and upgrades, fostering increased interest from both developers and users. A recent proposal gaining massive community support underscores the cryptocurrency's appeal and commitment to ongoing development.LUNC has also seen a remarkable uptick in investor interest, with a staggering 137.81% surge in its 24-hour trading volume, reaching $695.16 million. This increased adoption by investors reflects a growing confidence in the Terra Classic ecosystem, paving the way for further expansion.ChatGPT's Cautionary Note:While the outlook for LUNC appears positive, ChatGPT emphasizes the inherent volatility of cryptocurrency markets. Caution is advised as unexpected events, such as regulatory changes or security breaches, can impact prices negatively. ChatGPT reminds investors that this prediction is based on the current trend and highlights the importance of careful evaluation of risk tolerance and thorough research before making investment decisions.Conclusion:Terra Classic (LUNC) is positioned for a strong finish in 2023, with the potential to exceed expectations. Investors are encouraged to stay vigilant, monitor the market, and conduct due diligence. The cryptocurrency landscape is dynamic, and while the forecast is optimistic, prudent decision-making remains crucial in navigating this volatile market. As ChatGPT hints at impressive gains, the Terra Classic community eagerly awaits the culmination of a promising year for LUNC.Disclaimer:The information provided in this article is for informational purposes only and should not be considered as financial advice. Cryptocurrency investments involve a high level of risk, and market conditions can change rapidly. The article does not constitute a recommendation or endorsement for any specific investment strategy.Readers are encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.$LUNC #LUNCPricePrediction #LUNCDream
will $LUNC get through the break out point after the new proposal approved ?
will it be going to $0.01-$0.1?
let me know your opinion #LUNCcommunity
#LUNC #LuncBurn #LUNCDream
will it be going to $0.01-$0.1?
let me know your opinion #LUNCcommunity
#LUNC #LuncBurn #LUNCDream
Trending
Exploring Market Capitalization Scenarios for LUNC: $0.01, $0.10 and $1
Terra Luna Classic (LUNC) is a revolutionary cryptocurrency project emerging from the ashes of the fallen Terra ecosystem, presenting both formidable challenges and exciting prospects. At the heart of this digital venture lies the concept of market capitalization, a pivotal metric that encapsulates the total value of all circulating LUNC tokens. In this exploration, we delve into the speculative scenarios surrounding LUNC's market cap, envisioning milestones at $0.01, $0.10, and $1.Current Market Landscape:As of December 5, 2023, LUNC is valued at approximately $0.000225, boasting a circulating supply of 6.9 trillion tokens and a market cap of roughly $1.3 billion.Market Cap Projections:1. $0.01 Benchmark: Should LUNC ascend to $0.01, the market cap would surge to an impressive $59 billion. This ascent would position LUNC among the top 30 cryptocurrencies, eclipsing stalwarts like SOL, BNB, and XRP.2. $0.10 Aspiration: Imagining a scenario where LUNC hits $0.10, the cryptocurrency would secure a spot in the top 10, boasting a staggering valuation of $590 billion. This magnitude aligns with Ethereum's market cap during its historical peak at $4500.3. $1.00 Ambition: Although a $1.00 valuation for LUNC currently seems improbable, the hypothetical market cap at this juncture would reach an astronomical $5.9 trillion, surpassing even Bitcoin's present market cap of $835 billion.Implications of Market Cap Surge:The repercussions of a substantial market cap escalation for LUNC are profound:- Enhanced Liquidity: A bolstered market cap would elevate LUNC's liquidity, facilitating smoother transactions in buying and selling tokens.- Augmented Visibility: Securing a higher rank by market cap would draw more attention to LUNC, potentially fostering increased adoption.- Potential for Institutional Investment: A burgeoning market cap might attract institutional investors, injecting additional capital and credibility into the project.Navigating Challenges:Yet, amidst these promising scenarios, LUNC encounters formidable challenges:- Abundant Circulating Supply: The vast number of circulating LUNC tokens poses a hurdle to achieving substantial price hikes.- Market Volatility: Inherent market volatility in the cryptocurrency realm introduces the possibility of significant price fluctuations for LUNC.- Negative Perception: The tarnished reputation stemming from the Terra ecosystem's collapse poses an ongoing challenge in attracting new investors.In Conclusion:While the notion of LUNC reaching market caps in the billions or trillions currently appears fanciful, contemplating the potential ramifications of such growth is worthwhile. The unwavering dedication of the Terra Luna Classic community and ongoing developmental endeavors may pave the way for a brighter future. Nevertheless, investors are advised to approach with caution, remaining vigilant in the face of significant challenges and inherent risks. The journey of LUNC is one of resilience, aspiration, and the ever-evolving landscape of the cryptocurrency sphere.Disclaimer:The information provided in this article is for informational purposes only and should not be considered as financial advice. Cryptocurrency investments involve a high level of risk, and market conditions can change rapidly. The article does not constitute a recommendation or endorsement for any specific investment strategy.Readers are encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.$LUNC #LUNCPricePrediction #LUNCDream
GM Lunatic Family !
Lunc is consolidating for another major moves
Fill your bags now or regret it later
Lunc community will keep pushing the price up!!
Don't be left out!
But always do your own research before investing as this message is not a financial advice.
#LUNCDream #Binance
Lunc is consolidating for another major moves
Fill your bags now or regret it later
Lunc community will keep pushing the price up!!
Don't be left out!
But always do your own research before investing as this message is not a financial advice.
#LUNCDream #Binance
Binance Reduces Terra Classic (LUNC) Supply By Another 1.14 Billion
Binance, the world’s largest cryptocurrency exchange, has recently announced that it has burned 1.14 billion Terra Luna Classic (LUNC) in the 12th batch of the Terra Classic burn mechanism.
The burned tokens were obtained from trading fees on margin and spot trading pairs in July. This recent burn brings the total number of LUNC burned by Binance to about 37 billion and the total burn by the Terra community to about 71.5 billion.
Another Record Burn of LUNC Tokens
According to details of Binance’s burn transactions dated 1st August, the platform lost about 7.06 million LUNC in transaction charges to send 1.14 billion LUNC to the burn address. The move is in line with efforts to lower the number of tokens in circulation.
However, while Terra is known for regularly looking to burn down its huge pool of LUNC in circulation, the platform is far from achieving any desirable results that would positively impact the token’s market value via burn mechanisms.
The 11th batch of the burn mechanism was for the period of 30th June to 30th July 2023. The latest burn, which is the 12th batch, brings the total number of LUNC burned by Binance to about 37 billion Tera Luna Classic tokens from trading fees on spot and margin trading pairs.
Binance had previously burned 2.65 billion Terra Luna Classic tokens in July. However, the burn rate increased significantly last month due to positive sentiments from the proposed parity upgrade in July, Professor Edward Kim’s AI application chain Block Entropy and a proposal to work towards USTC’s re-peg.
Terra Luna Classic Token Price Reaction
Members of the Terra community have burned about 71.5 billion tokens in total. This surpasses the recent 70 billion LUNC milestone. Following the latest burn, Terra ecosystem tokens have fallen below key support levels, with LUNA dropping by 5%, while LUNC and USTC fell by 2% and 7%, respectively.
This comes against the backdrop of Judge Rakoff denial of Terraform Labs and Do Kwon’s application to dismiss the US Securities and Exchange Commission’s lawsuit using the precedent established by Judge Torres’ ruling.
Presently, the altcoin’s price is trading at around $0.000081. However, according to market speculations, LUNC’s price may recover above the $0.00009 support level because of the triangle pattern formation. Meanwhile, Terra’s once supposed stablecoin USTC is, at the time of writing, priced at $0.015 according to data from CoinMarketCap.
#LUNCDream #CryptoWorldbyINQ2 $LUNC
The burned tokens were obtained from trading fees on margin and spot trading pairs in July. This recent burn brings the total number of LUNC burned by Binance to about 37 billion and the total burn by the Terra community to about 71.5 billion.
Another Record Burn of LUNC Tokens
According to details of Binance’s burn transactions dated 1st August, the platform lost about 7.06 million LUNC in transaction charges to send 1.14 billion LUNC to the burn address. The move is in line with efforts to lower the number of tokens in circulation.
However, while Terra is known for regularly looking to burn down its huge pool of LUNC in circulation, the platform is far from achieving any desirable results that would positively impact the token’s market value via burn mechanisms.
The 11th batch of the burn mechanism was for the period of 30th June to 30th July 2023. The latest burn, which is the 12th batch, brings the total number of LUNC burned by Binance to about 37 billion Tera Luna Classic tokens from trading fees on spot and margin trading pairs.
Binance had previously burned 2.65 billion Terra Luna Classic tokens in July. However, the burn rate increased significantly last month due to positive sentiments from the proposed parity upgrade in July, Professor Edward Kim’s AI application chain Block Entropy and a proposal to work towards USTC’s re-peg.
Terra Luna Classic Token Price Reaction
Members of the Terra community have burned about 71.5 billion tokens in total. This surpasses the recent 70 billion LUNC milestone. Following the latest burn, Terra ecosystem tokens have fallen below key support levels, with LUNA dropping by 5%, while LUNC and USTC fell by 2% and 7%, respectively.
This comes against the backdrop of Judge Rakoff denial of Terraform Labs and Do Kwon’s application to dismiss the US Securities and Exchange Commission’s lawsuit using the precedent established by Judge Torres’ ruling.
Presently, the altcoin’s price is trading at around $0.000081. However, according to market speculations, LUNC’s price may recover above the $0.00009 support level because of the triangle pattern formation. Meanwhile, Terra’s once supposed stablecoin USTC is, at the time of writing, priced at $0.015 according to data from CoinMarketCap.
#LUNCDream #CryptoWorldbyINQ2 $LUNC
"Terra Classic Community's Game-Changing Proposal Aims to Skyrocket USTC and LUNC to $1 and Beyond"
The Terra Classic community has initiated a new proposal to rejuvenate the TerraClassicUSD (USTC) stablecoin and the LUNC tokens, seeking to push their value to $1.
Read more on: https://thecryptobasic.com/2023/11/21/terra-classic-community-makes-another-push-to-bring-ustc-and-lunc-to-1-in-new-proposal/
#TerraClassic #TerraClassicUSD #LUNCPricePrediction #LUNCDream #CryptoNews🔒📰🚫
Read more on: https://thecryptobasic.com/2023/11/21/terra-classic-community-makes-another-push-to-bring-ustc-and-lunc-to-1-in-new-proposal/
#TerraClassic #TerraClassicUSD #LUNCPricePrediction #LUNCDream #CryptoNews🔒📰🚫
I invested $0.13 on $LUNC with 50x leverage a month ago. If #LUNACLASSIC pumps to previous alltime high I will make $7,800
Will hodl until 2025, what's your wildest bet in Crypto?
#LUNCDream
#LuncBurn
#LuncArmy
#xrp
$SOL
$XRP
Will hodl until 2025, what's your wildest bet in Crypto?
#LUNCDream
#LuncBurn
#LuncArmy
#xrp
$SOL
$XRP
LUNC Community Blazes a New Path: Key Burn Proposal Goes Up in Smoke
The Terra Luna Classic (LUNC) community, known for its passionate engagement and fierce debates, has once again surprised onlookers by rejecting a major proposal: the key burn plan. This initiative aimed to significantly reduce the circulating supply of LUNC tokens through regular burns, theoretically driving up the price. But why did the community, often united in its desire to revive LUNC, shoot down this seemingly straightforward solution?
Reasons for the Rejection:
Concerns over centralization: The proposed burn mechanism involved delegating significant control over LUNC to a single entity. This raised concerns about potential manipulation and a lack of transparency, values deeply cherished by the decentralized community.
Focus on long-term sustainability: Many community members believe that focusing solely on short-term price gains through burns neglects the need for long-term ecosystem development. They advocate for efforts to attract developers, build applications, and foster organic growth.
Alternative burn mechanisms: The community is actively exploring alternative burn methods that are more decentralized and community-driven. These include on-chain burns triggered by specific transactions or community-governed burn pools.
The Community Speaks:
The rejection of the key burn proposal highlights the LUNC community's commitment to its core values: decentralization, transparency, and long-term sustainability. This doesn't mean they're against reducing LUNC supply – in fact, many support it. However, they want it done in a way that aligns with their principles and empowers the community, not a single entity.
Looking Ahead:
The LUNC community remains resilient and determined to rebuild the Terra ecosystem. While the key burn proposal may be on hold, the rejection sparks important conversations about the future of LUNC and the path forward. It's a testament to the community's vibrant spirit and its unwavering belief in the potential of LUNC to rise from the ashes.
#LUNCDream
The Terra Luna Classic (LUNC) community, known for its passionate engagement and fierce debates, has once again surprised onlookers by rejecting a major proposal: the key burn plan. This initiative aimed to significantly reduce the circulating supply of LUNC tokens through regular burns, theoretically driving up the price. But why did the community, often united in its desire to revive LUNC, shoot down this seemingly straightforward solution?
Reasons for the Rejection:
Concerns over centralization: The proposed burn mechanism involved delegating significant control over LUNC to a single entity. This raised concerns about potential manipulation and a lack of transparency, values deeply cherished by the decentralized community.
Focus on long-term sustainability: Many community members believe that focusing solely on short-term price gains through burns neglects the need for long-term ecosystem development. They advocate for efforts to attract developers, build applications, and foster organic growth.
Alternative burn mechanisms: The community is actively exploring alternative burn methods that are more decentralized and community-driven. These include on-chain burns triggered by specific transactions or community-governed burn pools.
The Community Speaks:
The rejection of the key burn proposal highlights the LUNC community's commitment to its core values: decentralization, transparency, and long-term sustainability. This doesn't mean they're against reducing LUNC supply – in fact, many support it. However, they want it done in a way that aligns with their principles and empowers the community, not a single entity.
Looking Ahead:
The LUNC community remains resilient and determined to rebuild the Terra ecosystem. While the key burn proposal may be on hold, the rejection sparks important conversations about the future of LUNC and the path forward. It's a testament to the community's vibrant spirit and its unwavering belief in the potential of LUNC to rise from the ashes.
#LUNCDream
LUNC 😂🔥 - Crypto. Com?
Not Delisting? 😎👍🏼
We Will Be Back Soon. . 🔥🔥🔥
#Write2Earn #LUNCDream #LuncArmy
Not Delisting? 😎👍🏼
We Will Be Back Soon. . 🔥🔥🔥
#Write2Earn #LUNCDream #LuncArmy
✍️I put $0.13 into $LUNC using 50x leverage a month ago.
if #LUNACLASSIC reaches its previous all-time high, I stand to gain $7,800. Planning to hold until 2025.
What's your boldest crypto prediction?🤔
#LUNCDream
#LuncBurn
#LuncArmy
#xrp
$SOL
$XRP
if #LUNACLASSIC reaches its previous all-time high, I stand to gain $7,800. Planning to hold until 2025.
What's your boldest crypto prediction?🤔
#LUNCDream
#LuncBurn
#LuncArmy
#xrp
$SOL
$XRP
