Terra Classic Community Considers Increasing Minimum Deposit to Tackle  Spam Proposals

Terra Classic (LUNC)

The Terra Classic community is currently engaged in important voting processes regarding several proposals, prompted by an uptick in spam activity coinciding with a decline in LUNC prices. In response to this issue, an innovative proposal, known as Proposal 11780 or the “Initiative to Address Spam Proposals by Raising the Minimum Deposit to 5M LUNC,” […]

Terra Classic (LUNC) Price Prediction for September: Insights from Machine Learning Algorithms

Terra Classic (LUNC)

In recent times, Terra Classic (LUNC) has faced persistent difficulties. While the wider market has experienced a decline, the original Terra (LUNA) chain, although collapsed, is striving to regain its momentum. The community is actively implementing diverse strategies to navigate the token’s path towards recovery. The LUNC community is actively engaged in shaping the potential […]

Terra Classic: Proposals to Return and Burn 800M USTC Passed; LUNC and USTC to $1?

Terra Classic: Proposals to Return and Burn 800M USTC Passed; LUNC and USDT to $1?

As two proposals to return and burn 800 million USTC just passed, the Terra Classic community is still committed to raising LUNC and TerraClassicUSD (USTC) to $1. To re-peg the TerraClassicUSD (USTC) stablecoin, the Terra Classic (LUNC) community has passed two significant proposals. These suggestions would burn the tokens to lower the enormous USTC supply […]

Dispute Within Terra Classic Community as CommonWealth Admin Role Goes to L1 Team 

Dispute Within Terra Classic Community as CommonWealth Admin Role Goes to L1 Team

In a recent development, on Tuesday, Edward Kim stepped down as administrator of the CommonWealth discussion forum for Terra Classic. The community’s demand led to this development. Some members of the community believe it would support decentralization in the Terra Classic project’s governance.  Yesterday, Vinh Nguyen informed community members of this contentious change. Nguyen tweeted […]

Significant USTC Proposal Puts Terra Classic (LUNC) Community at the Forefront

Terra Classic (LUNC)

The Terra Classic community has been focusing on reviving the USTC stablecoin, and various plans have been proposed by different community members. Recently, on Wednesday, Afzal submitted the latest USTC revitalization proposal. Today, Levi, the owner of the Burn and Build validator, highlighted the significance of this proposal. According to the update, Afzal believes that […]

Binance’s LUNC Burn: A Substantial Reduction in Supply to Boost Terra Classic

lunc

LUNC witnesses another substantial decrease in its total supply, courtesy of Binance, the world’s leading cryptocurrency exchange by trading volume. Binance conducted a batch 12 LUNC burn on August 1, reaffirming its commitment to the Terra Classic ecosystem. This recent burn effectively permanently removed over 1.41 billion LUNC from circulation in a single transaction, reducing […]

Can Terra Classic Make a Comeback After Falling 6.89% in the Past 30 Days?

Terra Classic (LUNC)

According to information from Coinmarketcap, Terra Classic (LUNC) has decreased 6.89% in July. The Terra community has begun to wonder whether LUNC can recover and ever reach $1 despite the Terra Classic (LUNC) price breakout’s stability, which points to possible positive price action for the token. LUNC now has a CoinMarketCap ranking of 82, but […]

Manipulation of LUNC Market: Tobias Adersen Alleges Binance Involvement

Manipulation of LUNC Market: Tobias Adersen Alleges Binance Involvement

In a surprising disclosure, Tobias “Zaradar” Andersen, a prominent member of the Terra Classic (LUNC) community and former developer for the Layer-1 Task Force, has made grave accusations concerning the LUNC market. Zaradar boldly claimed that the market is being manipulated by a single entity, potentially with the involvement of major cryptocurrency exchanges like KuCoin […]

Terra Classic Team Connects With Binance on USTC Re-peg, LUNC to $1?

Binance Announces Support for Terra (LUNA) Phoenix Software Upgrade

The algorithmic stablecoin TerraClassicUSD (USTC), formerly TerraUSD (UST), whose ecosystem collapsed has aroused optimism among members of the Terra Classic community. On Wednesday, a well-known community member named Redline Drifter revealed that the Quant Team, which focuses on USTC re-pegging, has connected with Binance, the biggest cryptocurrency exchange in the world. With regard to executing […]

Terra Classic Validator to Burn 100% Commission, Urges Others to Recommit

Terra Classic Validator Classy’s Sphere Out to Burn 100% Commission, Urges Others to Recommit

The well-known Terra Classic validator Classy’s Sphere will be burning millions of LUNC tokens once more via commissions earned and implores others to recommit to the impactful LUNC burn mission to resuscitate the LUNC burn expedition and help drive the crypto asset to the $1 price level.  According to the post, Classy’s Sphere, the 23rd […]