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$LUNA vs $INJ price movement analysis.
In the last bull market $LUNA outperformed the market and did more than 1000x. Now we have our eyes on #INJBullrun which is already up about 13x from the bottom. Looking at recent trends, project development and updates, community building and team. #INJTECTIVE will probably do another 10-20x in the next leg up. It is important to mention #InjectiveCoin did more than 10x during the bear market. #Luna market goes up to 119billion in the last bull market. If we compare the market cap of #INJTECTIVE at the movement it is only 2.6billion. So, considering all the factors based on data if INJECTIVE breaks the current price zone it will move much higher than expected. For that community members need some patience. Buy the dip and keep your bag HODL. Do DCA where possible. Gains will probably come. Please follow for motivation and extraction of such chart patterns. DYOR for financial activity. Thanks.
In the last bull market $LUNA outperformed the market and did more than 1000x. Now we have our eyes on #INJBullrun which is already up about 13x from the bottom. Looking at recent trends, project development and updates, community building and team. #INJTECTIVE will probably do another 10-20x in the next leg up. It is important to mention #InjectiveCoin did more than 10x during the bear market. #Luna market goes up to 119billion in the last bull market. If we compare the market cap of #INJTECTIVE at the movement it is only 2.6billion. So, considering all the factors based on data if INJECTIVE breaks the current price zone it will move much higher than expected. For that community members need some patience. Buy the dip and keep your bag HODL. Do DCA where possible. Gains will probably come. Please follow for motivation and extraction of such chart patterns. DYOR for financial activity. Thanks.
Terra Luna Classic: L1TF On Guardarian & Q3 Roadmap
CryptosHeadlines.com - The Leading Crypto Research Network:
Terra Luna Classic’s developer, L1TF, reveals a Guardarian deal and initiates the Q3 development roadmap, leading to a 20% surge in #LUNC and a 50% rise in USTC.
Terra Luna Classic’s core developer team, Joint L1 Task Force (L1TF), confirmed the progression of their Q3 development plans, sharing the status of Q2 tasks. The primary focus for Q3 will be on the USTC stablecoin repeg, alongside major upgrades and efforts to decrease the circulating supplies of LUNC and #USTC. " data-hashtag="#USTC. " class="tag">#USTC.
Edward Kim’s Block Entropy team members struck a deal with on-ramp provider Guardarian to list #LUNC without any cost. Simultaneously, negotiations are currently in progress for USTC listing.
Terra Luna Classic Developer L1TF Begins Q3 Roadmap
LuncBurnArmy, the project manager for Joint L1 Task Force developer team, shared on Twitter the successful completion of Q2 development work, which involved various major upgrades and maintenance tasks.
LuncBurnArmy also mentioned that the team finished Q2 developments and is set to focus on Q3 tasks from July 17 to October 17. Updates on all Q3 tasks will be provided bi-weekly by L1TF.
In significant news, LuncBurnArmy revealed that on-ramp provider Guardarian will offer services to the Terra #Luna Classic community for free. Moreover, they plan to list LUNC without any listing fees. The implementation of this on-ramp has been tested on a version of Station by L1TF.
“We will review potential service providers to ensure a suitable fit before making any recommendations or governance proposals. The technical implementation fulfilling the Q2 goal has been completed.”
According to the Medium post, L1TF achieved Cosmos SDK and CosmWasm upgrades, enabled IBC to Kujira chain, and applied security patches like the “Cherry patch”. Following the v2.1.1 Parity upgrade, the team addressed smart contract issues with Dapps and focused on other projects, including Astroport.
L1TF plans to return the Q2 budget surplus to the community pool and will communicate with the investor community once the process is finalized.
LUNC and USTC Prices Soar
Terra Luna Classic ecosystem tokens, LUNC and #USTC, surged 20% and 50%, respectively, within a week following a descending channel breakout. Notably, the trading volume for both cryptocurrencies has seen a significant increase.
LUNC’s price rose by approximately 5% in the last 24 hours, currently trading at $0.000094. The 24-hour low and high were recorded at $0.0000899 and $0.0000949, respectively.
USTC’s price surged by 25% in the past 24 hours, currently trading at $0.018. The 24-hour low and high were registered at $0.015 and $0.019, respectively.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
$LUNC $LUNA
Terra Luna Classic’s developer, L1TF, reveals a Guardarian deal and initiates the Q3 development roadmap, leading to a 20% surge in #LUNC and a 50% rise in USTC.
Terra Luna Classic’s core developer team, Joint L1 Task Force (L1TF), confirmed the progression of their Q3 development plans, sharing the status of Q2 tasks. The primary focus for Q3 will be on the USTC stablecoin repeg, alongside major upgrades and efforts to decrease the circulating supplies of LUNC and #USTC. " data-hashtag="#USTC. " class="tag">#USTC.
Edward Kim’s Block Entropy team members struck a deal with on-ramp provider Guardarian to list #LUNC without any cost. Simultaneously, negotiations are currently in progress for USTC listing.
Terra Luna Classic Developer L1TF Begins Q3 Roadmap
LuncBurnArmy, the project manager for Joint L1 Task Force developer team, shared on Twitter the successful completion of Q2 development work, which involved various major upgrades and maintenance tasks.
LuncBurnArmy also mentioned that the team finished Q2 developments and is set to focus on Q3 tasks from July 17 to October 17. Updates on all Q3 tasks will be provided bi-weekly by L1TF.
In significant news, LuncBurnArmy revealed that on-ramp provider Guardarian will offer services to the Terra #Luna Classic community for free. Moreover, they plan to list LUNC without any listing fees. The implementation of this on-ramp has been tested on a version of Station by L1TF.
“We will review potential service providers to ensure a suitable fit before making any recommendations or governance proposals. The technical implementation fulfilling the Q2 goal has been completed.”
According to the Medium post, L1TF achieved Cosmos SDK and CosmWasm upgrades, enabled IBC to Kujira chain, and applied security patches like the “Cherry patch”. Following the v2.1.1 Parity upgrade, the team addressed smart contract issues with Dapps and focused on other projects, including Astroport.
L1TF plans to return the Q2 budget surplus to the community pool and will communicate with the investor community once the process is finalized.
LUNC and USTC Prices Soar
Terra Luna Classic ecosystem tokens, LUNC and #USTC, surged 20% and 50%, respectively, within a week following a descending channel breakout. Notably, the trading volume for both cryptocurrencies has seen a significant increase.
LUNC’s price rose by approximately 5% in the last 24 hours, currently trading at $0.000094. The 24-hour low and high were recorded at $0.0000899 and $0.0000949, respectively.
USTC’s price surged by 25% in the past 24 hours, currently trading at $0.018. The 24-hour low and high were registered at $0.015 and $0.019, respectively.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
$LUNC $LUNA
Developers Unveil the Cause of the Latest Issues with Terra (LUNA)
The Terra (LUNA) network recently experienced a significant increase in transaction activity, resulting in network congestion, preventing some users from making transactions. This was confirmed in a recent statement by Terra developers.
The Cause of Network Congestion on Terra is a User Making Spam Transactions to Get Overcharges
According to the developers, the event involved around 3 million gas per mint, several bot accounts, and an “inscription” token that required some actual user participation for mint. Since Terra's block gas limit was 100 million, the token mint contract, which required approximately 3 million gas per mint, could fill a block with approximately 33 transactions. According to the developers, this sudden increase in activity caused congestion by clogging up the available block space.
Developers stated that no Terra validators were penalized during the coin minting process. According to the statement, Terraform Labs (TFL) Core Team responded quickly to the situation by implementing two separate solutions.
First, the team worked closely with Terra validators to deter spam by temporarily increasing the minimum gas fees required to process transactions. Secondly, the TFL Main Team has rolled out a patch to Terra validators that does not break the network consensus. This step significantly improved user experience and network performance by reducing the number of invalid transactions in a given block.
The intention of the creator of the spam token contract in question remains unclear. However, it is thought that the developers may have tried to earn fees by trying to take advantage of Terra's recent implementation of the FeeShare module. This module redistributes a portion of the fees generated by Terra smart contracts to contract owners.
Terra is exploring a dynamic charging model to alleviate similar issues in the future and avoid manual intervention during high network congestion, the developers said.
$LUNC #LUNC $LUNA #Luna
The Cause of Network Congestion on Terra is a User Making Spam Transactions to Get Overcharges
According to the developers, the event involved around 3 million gas per mint, several bot accounts, and an “inscription” token that required some actual user participation for mint. Since Terra's block gas limit was 100 million, the token mint contract, which required approximately 3 million gas per mint, could fill a block with approximately 33 transactions. According to the developers, this sudden increase in activity caused congestion by clogging up the available block space.
Developers stated that no Terra validators were penalized during the coin minting process. According to the statement, Terraform Labs (TFL) Core Team responded quickly to the situation by implementing two separate solutions.
First, the team worked closely with Terra validators to deter spam by temporarily increasing the minimum gas fees required to process transactions. Secondly, the TFL Main Team has rolled out a patch to Terra validators that does not break the network consensus. This step significantly improved user experience and network performance by reducing the number of invalid transactions in a given block.
The intention of the creator of the spam token contract in question remains unclear. However, it is thought that the developers may have tried to earn fees by trying to take advantage of Terra's recent implementation of the FeeShare module. This module redistributes a portion of the fees generated by Terra smart contracts to contract owners.
Terra is exploring a dynamic charging model to alleviate similar issues in the future and avoid manual intervention during high network congestion, the developers said.
$LUNC #LUNC $LUNA #Luna
#Luna Come Back To High ⚡
👉Come Back #position is 1.5$ 👈
🔊 1 day #prediction2024 ⏱️
#TrendingTopic #Write2Earn $LUNA
👉Come Back #position is 1.5$ 👈
🔊 1 day #prediction2024 ⏱️
#TrendingTopic #Write2Earn $LUNA
Will Luna Classic Reach $1 - Analysis
Discover the Luna Classic price analysis - will it reach $1? Dive into the complete analysis and make informed investment decisions.The cryptocurrency market has always been known for its volatility and unpredictable nature. One such coin that has experienced extreme highs and lows is Luna Classic (LUNC), the legacy token of the Terra ecosystem.From reaching nearly $120 in April 2022 to plummeting well below $1 within a month, the journey of Luna Classic has been nothing short of a rollercoaster ride.
The sudden collapse of the Terra ecosystem triggered this drastic shift, leaving many investors wondering if Luna Classic will ever make a comeback and reach the coveted $1 mark.
In this comprehensive analysis, we will delve into the history, challenges, and future prospects of Luna Classic to determine if it has the potential to reach $1.
By examining market trends, technological developments, and wider economic influences, we aim to provide insights into the future price prediction of Luna Classic for 2023, 2025, and beyond.The Road to Recovery - Luna Classic's Prospects Despite the significant setback, the Terra ecosystem is not without hope. Luna Classic's potential for recovery depends on several key factors, including the success of the burn program, the support of its vibrant community, and the pace of protocol development.
Luna Classic continues to operate under the name Terra Classic, with its token rebranded as LUNC.According to some analysts, the maximum price LUNC could reach is projected to be around $0.000135 in 2023, $0.000304 in 2025, and $0.000739 in 2030.
The journey ahead for Luna Classic is filled with both challenges and possibilities. While reaching the $1 mark may seem like a distant dream, it's important to recognize the potential for growth and recovery within the crypto market.
#Lunc #Luna #Write2Earn #TrendingTopic
Discover the Luna Classic price analysis - will it reach $1? Dive into the complete analysis and make informed investment decisions.The cryptocurrency market has always been known for its volatility and unpredictable nature. One such coin that has experienced extreme highs and lows is Luna Classic (LUNC), the legacy token of the Terra ecosystem.From reaching nearly $120 in April 2022 to plummeting well below $1 within a month, the journey of Luna Classic has been nothing short of a rollercoaster ride.
The sudden collapse of the Terra ecosystem triggered this drastic shift, leaving many investors wondering if Luna Classic will ever make a comeback and reach the coveted $1 mark.
In this comprehensive analysis, we will delve into the history, challenges, and future prospects of Luna Classic to determine if it has the potential to reach $1.
By examining market trends, technological developments, and wider economic influences, we aim to provide insights into the future price prediction of Luna Classic for 2023, 2025, and beyond.The Road to Recovery - Luna Classic's Prospects Despite the significant setback, the Terra ecosystem is not without hope. Luna Classic's potential for recovery depends on several key factors, including the success of the burn program, the support of its vibrant community, and the pace of protocol development.
Luna Classic continues to operate under the name Terra Classic, with its token rebranded as LUNC.According to some analysts, the maximum price LUNC could reach is projected to be around $0.000135 in 2023, $0.000304 in 2025, and $0.000739 in 2030.
The journey ahead for Luna Classic is filled with both challenges and possibilities. While reaching the $1 mark may seem like a distant dream, it's important to recognize the potential for growth and recovery within the crypto market.
#Lunc #Luna #Write2Earn #TrendingTopic
The Terra (LUNA) network recently experienced a significant increase in transaction activity, resulting in network congestion, preventing some users from making transactions. This was confirmed in a recent statement by Terra developers.
The Cause of Network Congestion on Terra is a User Making Spam Transactions to Get Overcharges
According to the developers, the event involved around 3 million gas per mint, several bot accounts, and an “inscription” token that required some actual user participation for mint. Since Terra's block gas limit was 100 million, the token mint contract, which required approximately 3 million gas per mint, could fill a block with approximately 33 transactions. According to the developers, this sudden increase in activity caused congestion by clogging up the available block space.
Developers stated that no Terra validators were penalized during the coin minting process. According to the statement, Terraform Labs (TFL) Core Team responded quickly to the situation by implementing two separate solutions.
First, the team worked closely with Terra validators to deter spam by temporarily increasing the minimum gas fees required to process transactions. Secondly, the TFL Main Team has rolled out a patch to Terra validators that does not break the network consensus. This step significantly improved user experience and network performance by reducing the number of invalid transactions in a given block.
The intention of the creator of the spam token contract in question remains unclear. However, it is thought that the developers may have tried to earn fees by trying to take advantage of Terra's recent implementation of the FeeShare module. This module redistributes a portion of the fees generated by Terra smart contracts to contract owners.
Terra is exploring a dynamic charging model to alleviate similar issues in the future and avoid manual intervention during high network congestion, the developers said.
$LUNC #LUNC $LUNA #Luna
#btc #cripto #trading
The Cause of Network Congestion on Terra is a User Making Spam Transactions to Get Overcharges
According to the developers, the event involved around 3 million gas per mint, several bot accounts, and an “inscription” token that required some actual user participation for mint. Since Terra's block gas limit was 100 million, the token mint contract, which required approximately 3 million gas per mint, could fill a block with approximately 33 transactions. According to the developers, this sudden increase in activity caused congestion by clogging up the available block space.
Developers stated that no Terra validators were penalized during the coin minting process. According to the statement, Terraform Labs (TFL) Core Team responded quickly to the situation by implementing two separate solutions.
First, the team worked closely with Terra validators to deter spam by temporarily increasing the minimum gas fees required to process transactions. Secondly, the TFL Main Team has rolled out a patch to Terra validators that does not break the network consensus. This step significantly improved user experience and network performance by reducing the number of invalid transactions in a given block.
The intention of the creator of the spam token contract in question remains unclear. However, it is thought that the developers may have tried to earn fees by trying to take advantage of Terra's recent implementation of the FeeShare module. This module redistributes a portion of the fees generated by Terra smart contracts to contract owners.
Terra is exploring a dynamic charging model to alleviate similar issues in the future and avoid manual intervention during high network congestion, the developers said.
$LUNC #LUNC $LUNA #Luna
#btc #cripto #trading
See original
The Joint L1 Task Force (L1TF), Terra Classic's (LUNC) main developer team, plans to work on restoring the USTC stablecoin's parity with the dollar (“repeg”). According to reports, the team has released a new update for this titled v2.1.0.
THIS could increase the value of this currency a lot, stay tuned.
#LUNC #Luna #ustc #Binance. #Bitcoin. $LUNA $USTC $LUNC
THIS could increase the value of this currency a lot, stay tuned.
#LUNC #Luna #ustc #Binance. #Bitcoin. $LUNA $USTC $LUNC
$USTC
Update USTC news. Now there are many plans proposed by many people such as
Frax , Alex suggests a bag that holds USTC without moving for a long time. Will be forced to burn 5% of USTC immediately, and may burn more if not moving. To stimulate the use of USTC in the system, the coins are forced to burn. will be capitalized to make USTC more valuable. The goal is USTC to have $500 million in the system.
Redlinedrifter Prepare to present a rough repeg test plan. Prepare to test the situation of being sold heavily. that the system is capable of coping well
#Ustc #Write2Earn #Lunc #Luna #XRP
Update USTC news. Now there are many plans proposed by many people such as
Frax , Alex suggests a bag that holds USTC without moving for a long time. Will be forced to burn 5% of USTC immediately, and may burn more if not moving. To stimulate the use of USTC in the system, the coins are forced to burn. will be capitalized to make USTC more valuable. The goal is USTC to have $500 million in the system.
Redlinedrifter Prepare to present a rough repeg test plan. Prepare to test the situation of being sold heavily. that the system is capable of coping well
#Ustc #Write2Earn #Lunc #Luna #XRP
Montenegrin Court Approves Extradition of Do Kwon: Legal Battle Reignited
The Montenegrin court has once again given the green light to the extradition of Kwon Do-hyeong, a central figure in the Terra Luna cryptocurrency crash, reigniting the legal saga surrounding his extradition. This decision follows the local Supreme Court's nullification of the previous ruling, prompting a fresh examination of the extradition proceedings.
Reports from local newspapers indicate that the Podgorica High Court in Montenegro has approved Kwon's extradition, affirming that the legal requirements for extradition to both Korea and the United States have been satisfied. However, the final decision lies with Justice Minister Andrej Milovic.
"The Podgorica High Court in Montenegro decided to permit the extradition of Mr. Kwon, stating that the legal requirements for extradition 'to Korea and the United States' were met," local dailies Bjesti and Pobeda reported.
Meanwhile, Kwon's legal team has the option to appeal within three days. Speculation suggests that Kwon may be extradited to the United States, given Minister Milovic's expressed preference for such an outcome.
Kwon's journey, from his disappearance following the Terra Luna crash to his arrest in Montenegro via the UAE and Serbia, has been a legal drama to follow closely!
#bIgEr4You #Lunc #BullorBear #Luna
$LUNC $LUNA $USTC
The Montenegrin court has once again given the green light to the extradition of Kwon Do-hyeong, a central figure in the Terra Luna cryptocurrency crash, reigniting the legal saga surrounding his extradition. This decision follows the local Supreme Court's nullification of the previous ruling, prompting a fresh examination of the extradition proceedings.
Reports from local newspapers indicate that the Podgorica High Court in Montenegro has approved Kwon's extradition, affirming that the legal requirements for extradition to both Korea and the United States have been satisfied. However, the final decision lies with Justice Minister Andrej Milovic.
"The Podgorica High Court in Montenegro decided to permit the extradition of Mr. Kwon, stating that the legal requirements for extradition 'to Korea and the United States' were met," local dailies Bjesti and Pobeda reported.
Meanwhile, Kwon's legal team has the option to appeal within three days. Speculation suggests that Kwon may be extradited to the United States, given Minister Milovic's expressed preference for such an outcome.
Kwon's journey, from his disappearance following the Terra Luna crash to his arrest in Montenegro via the UAE and Serbia, has been a legal drama to follow closely!
#bIgEr4You #Lunc #BullorBear #Luna
$LUNC $LUNA $USTC
🔥🔥🔥Terra Luna Classic Community Approves Big Offer, LUNC Price Increased by 5%
Terra #Luna Classic Community Approves KYC Offer
According to the latest voting details in the Station wallet, SolidVote LUNC Validator's Terra Luna Classic offer 12033 "Mandatory KYC for all L1 developers" has almost been accepted by the community. Voting on the proposal will close on February 8.
“Anyone can work anonymously on the Luna Classic blockchain. This poses a serious risk to the chain. For example, a fraudulent developer can open a short position and then damage the chain to make a profit," SolidVote Validator said.
The proposal calls on anyone seeking a management vote for a spending proposal to work on the chain to undergo a mandatory KYC process with a third-party company. If a developer has not completed the KYC before, the cost will be added to the spending proposal by the bidder.
After the acceptance of the offer, each developer will complete the KYC process before starting work on the chain. The proposal also required the addition of any new members to the team following the acceptance of an offer to complete the KYC. A number of safety and security measures are taken after new developer groups offer to work on the chain. The details will not be disclosed and will only be disclosed during the legal proceedings.
#Terra Luna Classic's proposal to make KYC mandatory for all L1 developers has been approved by the community, and the votes have now crossed the transition threshold. While the Terra Luna Classic community is trying to increase the development in the chain with third-party developers, it has become very important to take some security measures to prevent damage to the chain.
According to the current voting, the proposal received more than 38 'Yes' votes, 16 'No', 20 'no with veto' and 26 'abstention' votes. The top approver Allnodes voted abstain, but 38 approvers are in favor of the proposal.
#lunc #Write2Earn #binance
Terra #Luna Classic Community Approves KYC Offer
According to the latest voting details in the Station wallet, SolidVote LUNC Validator's Terra Luna Classic offer 12033 "Mandatory KYC for all L1 developers" has almost been accepted by the community. Voting on the proposal will close on February 8.
“Anyone can work anonymously on the Luna Classic blockchain. This poses a serious risk to the chain. For example, a fraudulent developer can open a short position and then damage the chain to make a profit," SolidVote Validator said.
The proposal calls on anyone seeking a management vote for a spending proposal to work on the chain to undergo a mandatory KYC process with a third-party company. If a developer has not completed the KYC before, the cost will be added to the spending proposal by the bidder.
After the acceptance of the offer, each developer will complete the KYC process before starting work on the chain. The proposal also required the addition of any new members to the team following the acceptance of an offer to complete the KYC. A number of safety and security measures are taken after new developer groups offer to work on the chain. The details will not be disclosed and will only be disclosed during the legal proceedings.
#Terra Luna Classic's proposal to make KYC mandatory for all L1 developers has been approved by the community, and the votes have now crossed the transition threshold. While the Terra Luna Classic community is trying to increase the development in the chain with third-party developers, it has become very important to take some security measures to prevent damage to the chain.
According to the current voting, the proposal received more than 38 'Yes' votes, 16 'No', 20 'no with veto' and 26 'abstention' votes. The top approver Allnodes voted abstain, but 38 approvers are in favor of the proposal.
#lunc #Write2Earn #binance
Do Kwon's Legal Labyrinth: From Terra's Rise to Arrest as of today .
Do Kwon, once hailed as the visionary behind the ambitious Terra blockchain and its Luna token, now finds himself caught in a legal labyrinth as intricate as the algorithmic stablecoin he championed. His journey, from the heady heights of crypto stardom to a Montenegrin jail cell, paints a cautionary tale for the volatile world of digital assets.
Terra's Meteoric Rise and Spectacular Fall:
In 2021, Terra and Luna were on a tear. Kwon's vision of a decentralized finance (DeFi) utopia, powered by the algorithmic stablecoin UST, attracted billions of dollars in investment. Luna's price soared, reaching an all-time high of over $119 in April 2023.
However, the meticulously crafted house of cards came crashing down in May 2023. A series of coordinated attacks and algorithmic vulnerabilities exposed the inherent fragility of UST's peg to the US dollar. Luna, inextricably linked to UST, plummeted in a death spiral, wiping out billions in investor wealth and sending shockwaves through the entire crypto market.
From Crypto Kingpin to Fugitive:
Facing mounting legal pressure, Kwon seemingly vanished, only to resurface months later in...
In March 2023, Kwon was apprehended in Montenegro while attempting to board a flight using a fake passport. This dramatic arrest cast further doubt on his innocence and fueled speculation about his motives. While detained in Montenegro, Kwon faced additional charges for using forged documents and was eventually sentenced to four months in prison.
Kwon, however, maintains his innocence and is fighting extradition .
Community Efforts and a Glimmer of Hope:
Despite the bleak outlook, The new Luna token is community driven hence more Decentralized . As we approach the next bull run it is important not to forget the ups and downs the Crypto community has endured .
Follow to stay informed and ahead.
#MANTA #Ai #Luna #btc #Sec
Do Kwon, once hailed as the visionary behind the ambitious Terra blockchain and its Luna token, now finds himself caught in a legal labyrinth as intricate as the algorithmic stablecoin he championed. His journey, from the heady heights of crypto stardom to a Montenegrin jail cell, paints a cautionary tale for the volatile world of digital assets.
Terra's Meteoric Rise and Spectacular Fall:
In 2021, Terra and Luna were on a tear. Kwon's vision of a decentralized finance (DeFi) utopia, powered by the algorithmic stablecoin UST, attracted billions of dollars in investment. Luna's price soared, reaching an all-time high of over $119 in April 2023.
However, the meticulously crafted house of cards came crashing down in May 2023. A series of coordinated attacks and algorithmic vulnerabilities exposed the inherent fragility of UST's peg to the US dollar. Luna, inextricably linked to UST, plummeted in a death spiral, wiping out billions in investor wealth and sending shockwaves through the entire crypto market.
From Crypto Kingpin to Fugitive:
Facing mounting legal pressure, Kwon seemingly vanished, only to resurface months later in...
In March 2023, Kwon was apprehended in Montenegro while attempting to board a flight using a fake passport. This dramatic arrest cast further doubt on his innocence and fueled speculation about his motives. While detained in Montenegro, Kwon faced additional charges for using forged documents and was eventually sentenced to four months in prison.
Kwon, however, maintains his innocence and is fighting extradition .
Community Efforts and a Glimmer of Hope:
Despite the bleak outlook, The new Luna token is community driven hence more Decentralized . As we approach the next bull run it is important not to forget the ups and downs the Crypto community has endured .
Follow to stay informed and ahead.
#MANTA #Ai #Luna #btc #Sec
$LUNA updates 🚀
Another 5x Gem for you
Currently Luna is showing Boring PA,But matter of time, Luna will be trade at higher price🎁🎉
Best time buy
Targets🎯
1) 1.35$
2) 1.70$
3) 2$
4) 7$ (midterm)
Join our tg for more 5x Gems🚀🎯
#LUNA/USTD #Luna #LunaTerraClassic
Another 5x Gem for you
Currently Luna is showing Boring PA,But matter of time, Luna will be trade at higher price🎁🎉
Best time buy
Targets🎯
1) 1.35$
2) 1.70$
3) 2$
4) 7$ (midterm)
Join our tg for more 5x Gems🚀🎯
#LUNA/USTD #Luna #LunaTerraClassic
🚨🚨🚨Breaking News: Terra Luna Offers Deep Stablecoin and Cosmos Liquidity, USTC Price Increases by 38%
Terra #Luna has submitted an offer to create deep stablecoin and Cosmos (ATOM) token liquidity on Terra
USDC-USDT and ATOM-LUNA liquidity pool (LP) tokens will be whitelisted.
TFL will cooperate with Astroport participants to create stable swap USDC-USDT pool and ATOM-LUNA PCL pool
LUNA, LUNC and #USTC Prices Rose After the Announcement
Terra Luna has proposed a management discussion proposal to create deep stablecoin and Cosmos (ATOM) token liquidity on Terra. The offer is in line with Terraform Labs CEO (CEO) Chris Amani's plan to have the deepest stablecoin liquidity in Cosmos and to be the only ecosystem with "insufficient" liquidity for both Cosmos and non-Cosmos blue-chip assets
Terra Announces the Progress in Deep Stablecoin Liquidity.
On February 15, a proposal was submitted by Terraform Labs for the whitelisting of USDC-USDT and ATOM-LUNA liquidity pool (LP) tokens for the creation of deep stablecoin and Cosmos token liquidity in Terra. The stablecoins mentioned above will be whitelisted by the Astroport liquidity protocol as Alliance assets, other liquidity pools such as TIA-LUNA, DYDX-LUNA and more are planned in the future.
If the proposal is approved after a management vote, TFL will collaborate with Astroport participants to create a stable USDC-USDT pool and an ATOM-LUNA PCL pool before adding Alliance assets. The USDC-USDT liquidity pool does not yet exist, and the existing ATOM-LUNA pool is less efficient in terms of capital.
The whitelisting of LP tokens in pools containing USDC, USDT and ATOM as Alliance assets is a major development. This will help offer better aprs on Cosmos without DEX swap fees and will attract a large user base to Terra.
Users will contribute to the liquidity for these pairs and stake LP tokens on the Station for LUNA rewards. The capital inflow to the Terra and Cosmos ecosystems will provide benefits such as new DeFi applications, transaction volumes, new alliances and low drift.
#lunc #Write2Earn #binance
Terra #Luna has submitted an offer to create deep stablecoin and Cosmos (ATOM) token liquidity on Terra
USDC-USDT and ATOM-LUNA liquidity pool (LP) tokens will be whitelisted.
TFL will cooperate with Astroport participants to create stable swap USDC-USDT pool and ATOM-LUNA PCL pool
LUNA, LUNC and #USTC Prices Rose After the Announcement
Terra Luna has proposed a management discussion proposal to create deep stablecoin and Cosmos (ATOM) token liquidity on Terra. The offer is in line with Terraform Labs CEO (CEO) Chris Amani's plan to have the deepest stablecoin liquidity in Cosmos and to be the only ecosystem with "insufficient" liquidity for both Cosmos and non-Cosmos blue-chip assets
Terra Announces the Progress in Deep Stablecoin Liquidity.
On February 15, a proposal was submitted by Terraform Labs for the whitelisting of USDC-USDT and ATOM-LUNA liquidity pool (LP) tokens for the creation of deep stablecoin and Cosmos token liquidity in Terra. The stablecoins mentioned above will be whitelisted by the Astroport liquidity protocol as Alliance assets, other liquidity pools such as TIA-LUNA, DYDX-LUNA and more are planned in the future.
If the proposal is approved after a management vote, TFL will collaborate with Astroport participants to create a stable USDC-USDT pool and an ATOM-LUNA PCL pool before adding Alliance assets. The USDC-USDT liquidity pool does not yet exist, and the existing ATOM-LUNA pool is less efficient in terms of capital.
The whitelisting of LP tokens in pools containing USDC, USDT and ATOM as Alliance assets is a major development. This will help offer better aprs on Cosmos without DEX swap fees and will attract a large user base to Terra.
Users will contribute to the liquidity for these pairs and stake LP tokens on the Station for LUNA rewards. The capital inflow to the Terra and Cosmos ecosystems will provide benefits such as new DeFi applications, transaction volumes, new alliances and low drift.
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