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TERRAFORM LABS TO LIQUIDATE AND BURN LUNC BY OCTOBER 30 Terraform Labs (TFL) and CEO Chris Amani have announced plans to shut down by October 30, 2024, following a bankruptcy court order and settlement with the SEC. Ongoing negotiations with third-party companies to take over some of its products and services may prevent the shutdown, but if talks fail, TFL will liquidate key assets. The Terra Luna Classic (LUNC) blockchain's maintenance will transition to the community, with Binance's LUNC burn mechanism boosting market sentiment. LUNC's price has risen 2% in the past 24 hours, while LUNA is up 1%, reflecting growing interest amid TFL's closure plans. #Write2earn #Marketsentimentstoday #terraClassicLunc #Terra #LUNC $LUNC $LUNA
TERRAFORM LABS TO LIQUIDATE AND BURN LUNC BY OCTOBER 30

Terraform Labs (TFL) and CEO Chris Amani have announced plans to shut down by October 30, 2024, following a bankruptcy court order and settlement with the SEC. Ongoing negotiations with third-party companies to take over some of its products and services may prevent the shutdown, but if talks fail, TFL will liquidate key assets.
The Terra Luna Classic (LUNC) blockchain's maintenance will transition to the community, with Binance's LUNC burn mechanism boosting market sentiment. LUNC's price has risen 2% in the past 24 hours, while LUNA is up 1%, reflecting growing interest amid TFL's closure plans.

#Write2earn #Marketsentimentstoday #terraClassicLunc #Terra #LUNC $LUNC $LUNA
🔶 Binance Conducts Additional Burn of Terra Luna Classic Tokens Binance, the leading exchange globally, initiates an extra burn of Terra Luna Classic tokens following its regular monthly LUNC burn. In its 21st phase, Binance burnt 1.4 billion LUNC tokens, surpassing a total of 59 billion LUNC tokens burned. Moreover, the Terra Luna Classic community has burnt over 113 billion LUNC tokens. 🔸 Binance and LUNC Burns Binance executed the transfer of 56 billion Terra Luna Classic (LUNC) tokens to the burn address as part of its LUNC burn operations. These burns occurred post the monthly LUNC burn, mirroring previous months' trends. However, the cause behind the observed value decline during these burn operations remains ambiguous. On May 1st, Binance moved 4.17 billion Terra Luna Classic (LUNC) tokens to the burn address, adding to the approximately 59.07 billion LUNC tokens burned from trading fees in LUNC spot and margin trading pairs. Additionally, the surge in crypto prices led to increased trading volumes, with LUNC witnessing large trading volumes exceeding $100 million daily in March. Despite April's volume dipping to around $30 million, prices fluctuated between $0.0001 and $0.0002. 🔸 LUNC and USTC Price Analysis Presently, Terra Luna Classic (LUNC) demonstrates a notable price surge, standing above $0.0001091 after a 6.5% increase. In the past 24 hours, LUNC recorded price levels ranging from $0.0001017 to $0.0001096, accompanied by a 28% surge in trading volume, reaching $27 million. $LUNC #lunc #terraClassicLunc
🔶 Binance Conducts Additional Burn of Terra Luna Classic Tokens
Binance, the leading exchange globally, initiates an extra burn of Terra Luna Classic tokens following its regular monthly LUNC burn. In its 21st phase, Binance burnt 1.4 billion LUNC tokens, surpassing a total of 59 billion LUNC tokens burned. Moreover, the Terra Luna Classic community has burnt over 113 billion LUNC tokens.

🔸 Binance and LUNC Burns
Binance executed the transfer of 56 billion Terra Luna Classic (LUNC) tokens to the burn address as part of its LUNC burn operations. These burns occurred post the monthly LUNC burn, mirroring previous months' trends. However, the cause behind the observed value decline during these burn operations remains ambiguous.

On May 1st, Binance moved 4.17 billion Terra Luna Classic (LUNC) tokens to the burn address, adding to the approximately 59.07 billion LUNC tokens burned from trading fees in LUNC spot and margin trading pairs.

Additionally, the surge in crypto prices led to increased trading volumes, with LUNC witnessing large trading volumes exceeding $100 million daily in March. Despite April's volume dipping to around $30 million, prices fluctuated between $0.0001 and $0.0002.

🔸 LUNC and USTC Price Analysis
Presently, Terra Luna Classic (LUNC) demonstrates a notable price surge, standing above $0.0001091 after a 6.5% increase. In the past 24 hours, LUNC recorded price levels ranging from $0.0001017 to $0.0001096, accompanied by a 28% surge in trading volume, reaching $27 million.

$LUNC #lunc #terraClassicLunc
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Terra $LUNA once made a lot of people millionaires. Then it took away this millions from so many other people. Terra Classic $LUNC will melt hearts. It's a matter of time.
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USTC Hits $6.29 in 2025: Unleashing the Power of Community SupportThese predictions are based on the expectation that the USTC price will continue to rise in 2025, driven by factors such as technological advancements, global crypto acceptance, and the community's support for the Terra Classic ecosystem. In 2025, the TerraClassicUSD (USTC) price is expected to experience significant growth. The lowest price forecasted is $3.74, while the average price is anticipated to rise to $5.15, reflecting the increasing adoption of blockchain and crypto assets. The highest price prediction for the year is $6.29, which builds on the solid foundation of community support and functional upgrades incorporated in recent years This positive outlook for USTC is based on the continued growth trajectory of the crypto market, the resilience of the Terra ecosystem, and the potential for further technological advancements and community support. As the crypto market continues to evolve, USTC is poised to benefit from these developments, offering a promising investment opportunity for those looking to capitalize on the growth potential of the TerraClassicUSD ecosystem. Disclaimer: This article is for informational purposes only and should not be considered financial advice. Please do your own research before making any investment decisions. #ustc #terraClassicLunc

USTC Hits $6.29 in 2025: Unleashing the Power of Community Support

These predictions are based on the expectation that the USTC price will continue to rise in 2025, driven by factors such as technological advancements, global crypto acceptance, and the community's support for the Terra Classic ecosystem.
In 2025, the TerraClassicUSD (USTC) price is expected to experience significant growth. The lowest price forecasted is $3.74, while the average price is anticipated to rise to $5.15, reflecting the increasing adoption of blockchain and crypto assets. The highest price prediction for the year is $6.29, which builds on the solid foundation of community support and functional upgrades incorporated in recent years
This positive outlook for USTC is based on the continued growth trajectory of the crypto market, the resilience of the Terra ecosystem, and the potential for further technological advancements and community support. As the crypto market continues to evolve, USTC is poised to benefit from these developments, offering a promising investment opportunity for those looking to capitalize on the growth potential of the TerraClassicUSD ecosystem.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Please do your own research before making any investment decisions.
#ustc #terraClassicLunc
Top Exchange Announces New Burn Landing Page For LUNC. Here’s the SignificanceSingapore-based cryptocurrency exchange WEEX has announced a new development designed to support the Terra Classic community and its LUNC burn initiative. This announcement highlights WEEX’s commitment to the Terra Classic ecosystem and its long-term potential. WEEX announced a new landing page for LUNC on its website through its official X account. Mrdiamondhandz1 (@Mrdiamondhandz1), a prominent community member and WEEX burn ambassador, reshared the news on his X account. The Dedicated Landing Page WEEX has launched a dedicated landing page to provide clear and comprehensive information about the LUNC burn initiative. The page features a list of the program’s first round of LUNC burn ambassadors. Additionally, it includes a countdown timer for the monthly scheduled LUNC burns, ensuring transparency and fostering community engagement. Users can find all relevant details regarding the WEEX burn initiative on the landing page. Collaboration with Prominent Community Figure The WEEX program was developed in collaboration with Mr.Diamondhandz1, the host of the popular LUNCLIVE podcast.  Mr.Diamondhandz1 is a well-respected figure within the Terra Classic community, and his involvement signifies WEEX’s commitment to working alongside community leaders to achieve shared goals. Advantages of WEEX for the LUNC Community After WEEX listed LUNC spot trading pairs, some analysts predicted that the digital asset would dominate the current bull cycle. The new landing page and the features of the token burn initiative have increased the bullish sentiment. A central element of the burn initiative involves WEEX allocating 15% of its trading fees from both the Futures Pro and Spot platforms towards burning LUNC tokens. This burn mechanism aims to reduce the overall circulating supply of LUNC, potentially leading to an increase in its value. The initiative directly contributes to the community’s ongoing efforts to revitalize the LUNC ecosystem. WEEX’s Dedication to the LUNC Ecosystem WEEX’s announcement emphasizes the company’s firm belief in the long-term potential of the Terra Classic ecosystem. The exchange aims to provide a robust trading platform for LUNC while contributing meaningfully to the community’s efforts towards sustainability and growth. The monthly LUNC burning events and the dedicated landing page serve as concrete examples of WEEX’s dedication to this objective. A Call to Action for the LUNC Community The WEEX landing page concludes with a call to action, inviting the LUNC community to join the initiative. By working together, WEEX and the community can work toward a brighter future for LUNC. The program presents an opportunity for both parties to collaborate and contribute to the ongoing revitalization of the Terra Classic ecosystem. Mrdiamondhandz1 also shared a similar call to action, asking users to “Sign up and burn,” as continuous use of the platform contributes to the token burn rate. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #terraClassicLunc #LUNC🔥

Top Exchange Announces New Burn Landing Page For LUNC. Here’s the Significance

Singapore-based cryptocurrency exchange WEEX has announced a new development designed to support the Terra Classic community and its LUNC burn initiative. This announcement highlights WEEX’s commitment to the Terra Classic ecosystem and its long-term potential.
WEEX announced a new landing page for LUNC on its website through its official X account. Mrdiamondhandz1 (@Mrdiamondhandz1), a prominent community member and WEEX burn ambassador, reshared the news on his X account.

The Dedicated Landing Page
WEEX has launched a dedicated landing page to provide clear and comprehensive information about the LUNC burn initiative. The page features a list of the program’s first round of LUNC burn ambassadors.
Additionally, it includes a countdown timer for the monthly scheduled LUNC burns, ensuring transparency and fostering community engagement. Users can find all relevant details regarding the WEEX burn initiative on the landing page.
Collaboration with Prominent Community Figure
The WEEX program was developed in collaboration with Mr.Diamondhandz1, the host of the popular LUNCLIVE podcast.  Mr.Diamondhandz1 is a well-respected figure within the Terra Classic community, and his involvement signifies WEEX’s commitment to working alongside community leaders to achieve shared goals.
Advantages of WEEX for the LUNC Community
After WEEX listed LUNC spot trading pairs, some analysts predicted that the digital asset would dominate the current bull cycle. The new landing page and the features of the token burn initiative have increased the bullish sentiment.
A central element of the burn initiative involves WEEX allocating 15% of its trading fees from both the Futures Pro and Spot platforms towards burning LUNC tokens.
This burn mechanism aims to reduce the overall circulating supply of LUNC, potentially leading to an increase in its value. The initiative directly contributes to the community’s ongoing efforts to revitalize the LUNC ecosystem.
WEEX’s Dedication to the LUNC Ecosystem
WEEX’s announcement emphasizes the company’s firm belief in the long-term potential of the Terra Classic ecosystem. The exchange aims to provide a robust trading platform for LUNC while contributing meaningfully to the community’s efforts towards sustainability and growth. The monthly LUNC burning events and the dedicated landing page serve as concrete examples of WEEX’s dedication to this objective.
A Call to Action for the LUNC Community
The WEEX landing page concludes with a call to action, inviting the LUNC community to join the initiative. By working together, WEEX and the community can work toward a brighter future for LUNC. The program presents an opportunity for both parties to collaborate and contribute to the ongoing revitalization of the Terra Classic ecosystem.
Mrdiamondhandz1 also shared a similar call to action, asking users to “Sign up and burn,” as continuous use of the platform contributes to the token burn rate.

⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#terraClassicLunc #LUNC🔥
🌕 WLUNC Skyrockets 28% After Terra Bridge Reopens: Is LUNC Next to Moon? 🚀 The Terra Bridge is back online, and WLUNC holders are celebrating with a 28% price surge! 💹 With the bridge reopening, there’s renewed optimism in the Terra community.But the big question remains: Will LUNC follow the upward trend? 📈 Or will this momentum be short-lived?As market dynamics shift, all eyes are on LUNC's next move. Will it catch the wave? 🌊 Share your thoughts below! 👇 #CryptoNewss #WLUNC #Lunc2TheMoonSoon #BinanceSquareFamily #terraClassicLunc $LUNC {spot}(LUNCUSDT) $LUNA {spot}(LUNAUSDT)
🌕 WLUNC Skyrockets 28% After Terra Bridge Reopens: Is LUNC Next to Moon? 🚀

The Terra Bridge is back online, and WLUNC holders are celebrating with a 28% price surge! 💹 With the bridge reopening, there’s renewed optimism in the Terra community.But the big question remains: Will LUNC follow the upward trend? 📈 Or will this momentum be short-lived?As market dynamics shift, all eyes are on LUNC's next move. Will it catch the wave? 🌊

Share your thoughts below! 👇

#CryptoNewss #WLUNC #Lunc2TheMoonSoon #BinanceSquareFamily #terraClassicLunc
$LUNC
$LUNA
Terra Classic (LUNC) sorprende con una subida de más del 30% en la última semana. Terra Classic (LUNC) ha experimentado un sorprendente aumento del 30% en la última semana. La comunidad de Terra Classic ha sido clave en el impulso de la red a través de varias iniciativas y actualizaciones. https://criptokio.com/altcoins/terra-classic-sorprende-subida-ultima-semana/ #terraClassicLunc $LUNC
Terra Classic (LUNC) sorprende con una subida de más del 30% en la última semana.

Terra Classic (LUNC) ha experimentado un sorprendente aumento del 30% en la última semana.

La comunidad de Terra Classic ha sido clave en el impulso de la red a través de varias iniciativas y actualizaciones.

https://criptokio.com/altcoins/terra-classic-sorprende-subida-ultima-semana/

#terraClassicLunc $LUNC
"Terra Classic's Crucial Decision: Community Votes on LUNC Burn Tax Allocation!"The Terra Classic community is currently engaged in a pivotal vote on a proposal aimed at reviewing the LUNC burn tax to fund the Oracle pool. Read more on: https://thecryptobasic.com/2024/06/13/terra-classic-community-votes-on-lunc-burn-tax-allocation-change/ #terraClassicLunc #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V

"Terra Classic's Crucial Decision: Community Votes on LUNC Burn Tax Allocation!"

The Terra Classic community is currently engaged in a pivotal vote on a proposal aimed at reviewing the LUNC burn tax to fund the Oracle pool.

Read more on: https://thecryptobasic.com/2024/06/13/terra-classic-community-votes-on-lunc-burn-tax-allocation-change/
#terraClassicLunc #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V
"$4B LUNC Burn - Is Terra Classic's $1 Dream Finally Coming True?"Binance, the world’s largest crypto exchange, recently burned over 4 billion Terra Classic (LUNC) tokens, reigniting hope in the revival plan and a potential push to $1. Read more on: https://thecryptobasic.com/2024/04/04/can-terra-classic-finally-reach-1-as-binance-burns-4b-lunc/ #terraClassicLunc #LUNC✅ #Crypto #CryptoNewsFlash #CryptonewswithJack

"$4B LUNC Burn - Is Terra Classic's $1 Dream Finally Coming True?"

Binance, the world’s largest crypto exchange, recently burned over 4 billion Terra Classic (LUNC) tokens, reigniting hope in the revival plan and a potential push to $1.

Read more on: https://thecryptobasic.com/2024/04/04/can-terra-classic-finally-reach-1-as-binance-burns-4b-lunc/
#terraClassicLunc #LUNC✅ #Crypto #CryptoNewsFlash #CryptonewswithJack
Terra Price Prediction The Terra ecosystem has suffered a tremendous crash that many fear the token may not recover from. In May 2022, Terraform Labs’ UST stablecoin depegged significantly, with about half a trillion US dollars from the crypto market. In response, the company liquidated their BTC holdings to restabilize the coin. Fast-forward to June 2024, and LUNA is trading at a DeFi coin price of $0.5007, over a 97% dip from its all-time high of $19.54. The token has been in a year-long decline, recording 14.7% and 15.3% losses on its monthly and yearly charts. The current market conditions hint at the bears maintaining control of the coin as investors’ scepticism for its survival mounts. Its 24-hour chart highlights a $0.4798 low and a $0.5323 high, showing high fluctuation levels.TerraForms’ CEO, Chris Amani, has announced that the company will dissolve and hand over Terra blockchain operations to the community. This comes after accepting a $4.47 billion settlement with the SEC despite having only $75 million in assets. The settlement includes a $3.58 billion disgorgement and a $420 million civil penalty. Although LUNA’s market cap is declining by 5%, its 24-hour trading volume is up 6% at $384,124,672 and $32,812,824, respectively, showing that all hope is not lost for the token. Investors seeking the best coin to invest in have not lost sight of LUNA’s potential following Do Kwon and TerraForm’s exit. The token is up 22.51% from its $0.3783 all-time low. #TerraLabs #terraClassicLunc #TerraClassicRising #BinanceTournament #BTCFOMCWatch
Terra Price Prediction
The Terra ecosystem has suffered a tremendous crash that many fear the token may not recover from. In May 2022, Terraform Labs’ UST stablecoin depegged significantly, with about half a trillion US dollars from the crypto market. In response, the company liquidated their BTC holdings to restabilize the coin. Fast-forward to June 2024, and LUNA is trading at a DeFi coin price of $0.5007, over a 97% dip from its all-time high of $19.54. The token has been in a year-long decline, recording 14.7% and 15.3% losses on its monthly and yearly charts. The current market conditions hint at the bears maintaining control of the coin as investors’ scepticism for its survival mounts. Its 24-hour chart highlights a $0.4798 low and a $0.5323 high, showing high fluctuation levels.TerraForms’ CEO, Chris Amani, has announced that the company will dissolve and hand over Terra blockchain operations to the community. This comes after accepting a $4.47 billion settlement with the SEC despite having only $75 million in assets. The settlement includes a $3.58 billion disgorgement and a $420 million civil penalty. Although LUNA’s market cap is declining by 5%, its 24-hour trading volume is up 6% at $384,124,672 and $32,812,824, respectively, showing that all hope is not lost for the token.
Investors seeking the best coin to invest in have not lost sight of LUNA’s potential following Do Kwon and TerraForm’s exit. The token is up 22.51% from its $0.3783 all-time low.
#TerraLabs #terraClassicLunc #TerraClassicRising #BinanceTournament #BTCFOMCWatch
$USTC $LUNC $LUNA TerraClassicUSD (USTC) is a decentralized algorithmic stablecoin of the Terra Classic blockchain that is pegged to 1 USD. In order to mint 1 USTC, 1 USD worth of the reserve asset, LUNC, must be burned. After the depeg of USTC in May 2022, the community behind Terra Classic decided to create a new blockchain without the algorithmic stablecoins called Terra 2.0. #terraClassicLunc #TerraLabs
$USTC $LUNC $LUNA
TerraClassicUSD (USTC) is a decentralized algorithmic stablecoin of the Terra Classic blockchain that is pegged to 1 USD. In order to mint 1 USTC, 1 USD worth of the reserve asset, LUNC, must be burned.

After the depeg of USTC in May 2022, the community behind Terra Classic decided to create a new blockchain without the algorithmic stablecoins called Terra 2.0.
#terraClassicLunc #TerraLabs
"Terra Classic Positioned for Spectacular 1,134% Surge to $0.00139"Crypto market analyst Javon Marks expects Terra Classic (LUNC) to record a 1,134% price spike to $0.00139 following confirmation of a major bullish pattern. Read more on: https://thecryptobasic.com/2024/05/23/analyst-sees-terra-classic-spiking-1134-to-0-00139-as-lunc-confirms-major-bullish-pattern/ #terraClassicLunc #Crypto #CryptoNews🚀🔥" #CryptoNews”

"Terra Classic Positioned for Spectacular 1,134% Surge to $0.00139"

Crypto market analyst Javon Marks expects Terra Classic (LUNC) to record a 1,134% price spike to $0.00139 following confirmation of a major bullish pattern.

Read more on: https://thecryptobasic.com/2024/05/23/analyst-sees-terra-classic-spiking-1134-to-0-00139-as-lunc-confirms-major-bullish-pattern/
#terraClassicLunc #Crypto #CryptoNews🚀🔥" #CryptoNews”
Terra Luna Classic major chain upgrade v2.4.2 was successfully implemented, with the transition to new binary and components. Primarily, IBC-Hooks will enable the onboarding of dApps on the Terra Luna Classic, with mostly notably Enterprise DAO. Genuine Labs announced it was a smooth upgrade and validators gradually came live after the upgrade. The Terra Luna Classic developer group also announced progress on the Terra Classic Security Package upgrade. This will boost security, functionality, and interoperability. The developer team planned to complete all developments in 8 weeks. The rise in development activity of Terra Luna Classic is one of the reason behind a massive increased in LUNC and USTC prices #LUNC #terraClassicLunc
Terra Luna Classic major chain upgrade v2.4.2 was successfully implemented, with the transition to new binary and components. Primarily, IBC-Hooks will enable the onboarding of dApps on the Terra Luna Classic, with mostly notably Enterprise DAO.

Genuine Labs announced it was a smooth upgrade and validators gradually came live after the upgrade. The Terra Luna Classic developer group also announced progress on the Terra Classic Security Package upgrade. This will boost security, functionality, and interoperability. The developer team planned to complete all developments in 8 weeks.

The rise in development activity of Terra Luna Classic is one of the reason behind a massive increased in LUNC and USTC prices

#LUNC #terraClassicLunc
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