Terra Classic (LUNC)

The Terra Classic ($LUNC) community has recently burned more than 1.1 billion tokens, valued at over $100,000, bringing the total supply of the cryptocurrency down to 6.812,67 trillion amid renewed efforts to help its price reach $0.1 per token. According to an update shared by cryptocurrency investor AlexCryptoBull on the microblogging platform X (formerly known […]

Leading cryptocurrency trading platform Binance has recently burned a substantial 1.4 billion tokens of the Terra Classic ecosystem ($LUNC) during its twelfth burning batch, effectively removing a large number of tokens from circulation. The cumulative amount of LUNC tokens torched by Binance is now close to the 37 billion mark, while the cryptocurrency’s community has […]

Leading cryptocurrency exchange Binance has burned a total of 2.65 billion Terra Classic ($LUNC) tokens in its 11th token burn event, effectively reducing the cryptocurrency’s circulating supply. LUNC investors cheered the transaction with buy orders, leading to a small price uptick. The cumulative amount of LUNC tokens torched by Binance now towers at a staggering […]

Leading cryptocurrency exchange Binance has recently burned a total of 1.04 billion tokens of Terra Classic ($LUNC), effectively making the 10th burn as part of the LUNC burn mechanism, which to date has seen a total of nearly 33 billion LUNC get burned. This latest burn, covering the period from April 30 to May 30, […]

In an effort to re-peg TerraClassicUSD (USTC) to the dollar, the Terra Classic (LUNC) community is once again mulling over a new proposal, submitted by an individual known as Redline Drifter. The proposal involved a mechanism that includes divergence fees on USTC trades that deviate from the peg. These collected fees would, according to proposal […]

The cryptocurrency community is predicting that the price of Terra Classic ($LUNC) will surge by over 200% this month to trade at $0.0005518 per token, as the community behind the cryptocurrency is making several developments to help it recover. According to CoinMarketCap’s price estimate feature, which saw over 1,200 users vote on their predictions for the month […]

The price of Terra Classic ($USTC) has surged after its community approved the Terra Classic 11324 proposal to “Re-Peg USTC With LUNC,” which describes a way for the community to help $USTC’s price reattain its peg. According to the proposal, $USTC having a stable price is critical for the Terra Classic network to “generate meaningful […]

Leading cryptocurrency exchange Binance has announced it will support the latest Terra Classic ($LUNC) network upgrade, which is set to take place at epoch 15,029, and will set seigniorage rewards on the network to 0%. According to an announcement the cryptocurrency exchange published, deposits and withdrawals for $LUNC, $USTC, and $ANC via the Terra Classic […]

Leading cryptocurrency Exchange Binance has announced it completed the distribution Terra’s ($LUNA) second airdrop to eligible users who held Terra Classic ($LUNC) and TerraClassicUSD ($USTC) at the time of the snapshots both before and after the collapse of the Terra ecosystem in May. According to an announcement the exchange published, the snapshots were on May […]

Price predictions made by the cryptocurrency community have revealed investors expect the price of Terra Classic ($LUNC) to double by the end of November and to surge by around 800% until the end of the year. According to CoinMarketCap’s price estimates feature, the cryptocurrency community sees $LUNC end the year at $0.001583 per token, up […]

Leading cryptocurrency exchange Binance has revealed that in its third batch of Terra Classic ($LUNC) tokens burns it has destroyed 2.5 billion tokens, permanently removing them from circulation in a single transaction. According to information from Binance’s pages, at the time of the burn, the $LUNC tokens were worth nearly $660,000 and were burned as […]

Leading cryptocurrency exchange Binance has announced that Terra Classic’ TerraClassicUSD ($USTC) to its list of borrowable assets, effectively making it an asset the exchange’s millions of users can borrow to use in their trading activity. According to Binance’s announcement, $USTC is now available on the cryptocurrency exchange’s Binance Loans platform, which “ provides a large range […]

The community behind the collapsed Terra ecosystem, which has since rebranded to Terra Classic ($LUNC), has created a petition asking Nasdaq-listed cryptocurrency exchange Coinbase to list its token. The petition, which at the time of writing has slightly less than 3,00 0signatures, calls for Coinbase to list LUNC as it is “quickly regaining its position […]

 The price of the Terra ecosystem’s algorithmic stablecoin that collapsed in May of this year, TerraClassicUSD ($USTC), has surged by over 90% over the past few days after a blockchain engineer submitted a proposal for it to be re-pegged to the U.S. dollar. The original Terra ecosystem collapsed earlier this year and later rebranded to […]

The cryptocurrency community is seemingly expecting the price of Terra Classic ($LUNC) to surge over 570% by the end of the year, presumably over the network’s 1.2% tax burn on all transactions that is supported by leading exchange Binance. According to CoinMarketCap’s price estimates feature, the cryptocurrency community sees $LUNC end the year at $0.001978 […]

On Monday (October 3), CZ, Co-Founder and CEO of Binance, announced the amount of $LUNC Trading Fees that had been burned in batch 1, which was for the period September 21 to October 1 (inclusive). As Binance Research explained in an article published on 31 May 2022, Terra Classic, which was rebranded from Terra, is “a public […]

A widely-followed cryptocurrency trader and analyst has revealed they believe that the price of Terra Classic ($LUNC) is set to “nuke to hades eventually” while predicting a short-term rally in the near future. According to the pseudonymous cryptocurrency analyst Altcoin Sherpa, Terra Classic isn’t a position he would take for the long-term, although he sees […]

A popular cryptocurrency whale known as Gigantic Rebirth on the microblogging platform Twitter has revealed a massive bet of around $8 million against Terra Classic ($LUNC). Terra Classic is the rebranded version of the original Terra ecosystem, which collapsed earlier this year. Gigantic Rebirth, known as GCR on Twitter, announced the position against the cryptocurrency […]

On Wednesday (September 7), crypto exchange KuCoin announced support for the 1.2% tax burn proposal of the Terra Clasic ($LUNC) community if “the proposal is officially approved and implemented” on the Terra Classic mainnet. What Is Terra Classic ($LUNC)? As Binance Research in an article published on 31 May 2022, Terra Classic, which was rebranded […]