$LUNC I didn’t understand why short Temper loose minded traders come here for investment.. ?? Cryptocurrency’s are one kind of share market .. Some time we have invested our money for longs time & short time ..when price will drop just keep patience but they created panic in social media. I have a advice just watch your currency movements & investing your money securely when you buy cryptocurrencies. In-Sha-Allah one day May Allah gives you a good result..Almighty Allah SW love’s patient people’s. Thanks .
Analyst Javon Marks revealed that LUNC price still has further upside movement left as it forms a bullish pattern. Terra Luna Classic price is set for more than 270% gains amid the bull market, he predicted.
He predicted a target price of $0.00058 in the bull run. He believes next bullish breakout to take prices on a monumental run due to the formation of a bull pennant pattern in the long timeline. He expects a breakout coming in mid-April, which coincides with the Bitcoin halving, for LUNC price to move towards the $0.0005 level.
LUNC has the next major resistance at the $0.0002 psychological level. LUNC price has already hit a high of $0.000255 in early March and the community expects a retest of the level again amid the bull market. The $0.000125 remains a major support.
Terra Luna Classic (LUNC) price is currently trading at $0.000132, above the support level. The 24-hour low and high are $0.0001319 and $0.0001372, respectively. Moreover, LUNC and 1000LUNC futures open interests have been rising in the last few hours, indicating a recovery in the price. In the last 4 hours, futures OI has increased by 2%. The futures and spot traders to provide enough support for the further upside momentum during a broader crypto market recovery.
According to ChatGPT, two main scenarios are possible for LUNC’s price by April 30. The first scenario represents steady growth, with an average price prediction of $0.0003. This would reflect a roughly 89.5% increase from its current trading price of $0.0001583.
The second scenario outlined by ChatGPT is a more bullish one. In this scenario, positive developments surrounding the Terra Classic ecosystem could drive the price to $0.0005 by April 30.
This represents a more than 215.8% increase from the current price. With recent developments like the Terra Classic v2.4.2 update, the bullish sentiment around LUNC and USTC is rising.
$LUNC It’s been longs time everyone discussing about Lunc ..hold or sell ! But From my opinion it will be makes you millionaire but have to take time not within 1/2 months may be 6-18 months ..be patient.. It will $ 0.10-0.09 hopefully . Can you makes money within this time to buy or sell others cryptocurrency ….just think ???
$LOOM From my Opinion this the reason for not rising
The old zkLoom testnet will be spun down today, and the developer docs will be updated with the RPC URL for the new zkLoom Sepolia testnet. This will briefly impact developers.
All other services will continue operating as usual.
LUNC Price Can Hit $1 After Latest Terra Luna Classic v2.4.2 Upgrade?
Terra Luna Classic v2.4.2 Upgrade
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 Burn and Wallet Numbers
Total LUNC burn has now surpassed 105 billion amid massive support from the crypto exchanges and projects. Binance has burned over 53.48 billion LUNC tokens, accounting for over 50% of the total burn.
Exchange Burns Terra Luna Classic (LUNC) Fees with Binance
WEEX Joins LUNC Token Burn Initiative
In a recent announcement on the X platform, crypto exchange WEEX expressed its commitment to supporting the Terra Luna Classic community and its efforts to revive LUNC.
WEEX plans to contribute to the LUNC burn campaign by allocating 15% of trading fees from its Futures Pro and Spot platforms. This allocation amounts to a significant 30% of all trading fees generated by WEEX.
The LUNC burn initiative is part of WEEX’s ambassador program, aimed at promoting Terra Luna Classic while reducing its overall token supply.
$LUNC Also Read: Terra Luna Classic Holders Hit Record High of 5.5 Million
LUNC and USTC Prices to Rally? Terra Luna Classic and USTC’s upside momentum hits a roadblock amid readjustments by derivatives traders, but spot volume remains higher.
LUNC price fell 1% in the last 24 hours, with the price trading at $0.000139 currently. The 24-hour low and high are $0.000137 and $0.000148, respectively. The trading volume has dropped slightly in the past 24 hours.
Total LUNC futures open interest (OI) on other crypto exchanges is up 2%. However, 1000LUNC futures on Binance and Bybit fell more than 7%, causing a drop in prices. The community expects a rebound ahead major v2.4.2 upgrade next week.
USTC price also fell 3% in the last 24 hours. The price currently trades at $0.0268, with a 24-hour low and high of $0.0267 and $0.0284, respectively. Furthermore, trading volume has decreased by 5% in the past 24 hours.
Terra Classic Community Votes to Repeal KYC Proposal, When LUNC and USTC to Rally? Published By Varinder Singh March 22, 2024 7:30 Pm Crypto Exchange Joins Binance to Burn Terra Luna Classic (LUNC) Trading Fees STORY HIGHLIGHTS
Terra Luna Classic community starts voting on proposal to repeal KYC requirement proposal. The community members and validators are against the proposal, believing that KYC is much needed addition. LUNC and USTC prices tumble amid readjustments of position by derivatives traders.
Terra Luna Classic community voting on a key proposal to repeal the earlier passed KYC proposal based on claims that KYC requirements for developers have stalled the growth of Terra Luna Classic. Meanwhile, LUNC and USTC prices have taken a hit amid futures selloff and options expiry.
Terra Luna Classic KYC Proposal Repeal Proposal 12091 “Repeal prop #12033 [KYC prop]” is under voting on the Station wallet. The proposal is a call by some Terra Luna Classic members to repeal 12033 KYC proposal claiming that the KYC requirement hindering growth, especially in the bull market.
“We as concerned community members call to repeal the KYC prop because it stifles the growth of Terra Luna Classic. This proposal was made in haste and voted in haste, without sufficient foresight about the consequences it will have in the future. This is clearly evidenced by the number of follow-up props trying to patch up the deficiencies of the initial KYC prop,” as per the proposal.
The proposal claims LUNC investors have seen the negative effects of KYC outgrow the positives. Also, the LUNC revival and USTC repeg efforts by KYC’d developers may never go ahead. The proposal suggests taking help of experienced developers to push developments on the chain.
Until now, the proposal has received a mere 39% “Yes” votes. Most community members seem to disagree with the proposal and have voted “No”, which accounts for 60%. Among validators, 4 voted in favor and 15 voted against the proposal. The deadline for voting on the proposal is March 28.
$LUNC I have 10,46,000 LUNC Coin if this Coin goes up to $ 0.01 it’s mean $ 10,460 USD . Or if goes up to $ 0.10 it’s mean $ 1,04,460 USD .. Now just count your position & be patience..