Terra Classic (LUNC) Surges 69%, Eyes $0.0003 Amid Bullish Momentum
Terra Classic (LUNC) has astounded market observers with a remarkable 69% surge, catapulting its price to $0.00027899 in a continuous and impressive rally. Notably, Terra Classic has a history of experiencing substantial price hikes, especially after its valuation mimicked that of a meme coin in the middle of last year. This surge has reignited projections, […]
Terra Classic: LUNC & USTC Experience a Remarkable Price Surge: What are the Key Catalysts Behind This?
Terra Luna Classic (LUNC) and UST Classic (USTC) have witnessed an impressive price surge this week, defying their downtrend throughout the year. Last month, on October 20, LUNC hit a yearly low of around $0.000055, and USTC plummeted to $0.01 on the same day. However, both tokens have staged a notable comeback, emerging as some […]
Terra Classic: Proposal 11885 Approved as LUNC and USTC Trends Take Center Stage
In a significant stride towards addressing a crucial sequence mismatch issue, the Terra Classic community rallied behind Proposal 11885, submitted by L1 Task Force project manager Vinh on Nov. 26. The proposal, aimed at resolving the problem impacting validators, particularly concerning commission edits, garnered overwhelming support within two days of submission, reaching an impressive 99.91% […]
Terra Classic (USTC) Surges 300% in a Day: Is $1 Possible?
The algorithmic stablecoin TerraClassicUSD (USTC), linked to the LUNA ecosystem, has experienced a remarkable surge, recording gains exceeding 300%. This sudden and substantial increase in the token’s value over the last 24 hours has sparked intrigue among the Terra Classic Community. This surge has also raised questions about its implications for Terra Classic (LUNC) and […]
Terra Classic: USTC Price Surges Over 272% After Community Proposal Approval
The Terra Luna Classic community rejoices as a pivotal proposal gains approval, driving the prices of LUNC and USTC to new heights. The recent surge in Terra Classic USD (USTC) and Terra Classic (LUNC) prices is fueled by strategic developments within the Terra ecosystem. USTC Price Soars Over 272% in 24 Hours USTC experienced an […]
Terra (LUNA) Soars with $15M Capital Boost from Terraform Labs
Terra (LUNA) is set to receive a significant boost with a $15 million injection of ecosystem funds by Terraform Labs. These funds are earmarked to enhance liquidity pools and incentivise developers to create innovative solutions for user needs. The native token of the Terra blockchain, LUNA, has already experienced an 8% surge following the strategic […]
Terra Classic (LUNC) Token Soars: What’s Behind the 45% Rally?
The crypto community is abuzz with shockwaves as Terra Classic (LUNC) experiences a staggering bullish rally, marking a remarkable turn of events not witnessed in recent months. Between November 9 and 10, LUNC experienced an astonishing 45% surge, catapulting from $0.000064 to nearly eliminating a leading zero, settling at almost $0.0001. Simultaneously, its trading volume […]
Terra Luna Classic: USTC Minting Halt Approved, LUNC Up 18%, LUNA Surges 33%
The Terra Luna Classic community has unanimously approved a proposal to disable USTC minting and raise the Tobin tax to 100%. The community and developers are actively working on various initiatives to restore the peg of USTC. This move will contribute to revitalising the Terra Luna Classic chain and the LUNC token. The market has […]
SEC Bolsters Case Against Terra and Kwon with Fresh Charges
In an ongoing legal saga that began in February, the U.S. Securities and Exchange Commission (SEC) has leveled accusations of fraud and criminal wire charges against TerraLabs and Do Kwon. Terraform Labs wasted no time challenging the lawsuit, seeking its dismissal for being baseless. However, the SEC is unyielding in its pursuit of justice and […]
Terra Classic Faces Caution as 800 Million USTC Wallet Gets Blacklisted
A community member named Rexyz has cautioned the Terra Classic (LUNC) community regarding their engagement in USTC and LUNC trading positions following the blacklisting of an 800 million USTC wallet. Rexyz emphasized that the current circulating supply displayed on CoinMarketCap might not accurately reflect the liquidity of the algorithmic stablecoin. USTC Wallet Blacklisting: The Concern […]