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The recent stagnation in Bitcoin’s recovery, hovering around $44,500, has triggered uncertainty in the broader cryptocurrency market. In response, Terra Classic (LUNC) saw a notable retracement, plummeting to the psychologically crucial level of $0.0002. Despite the sharp decline, analysis within Fibonacci retracement levels hints at the possibility of the overarching …
Terra Classic (LUNC) has stunned onlookers by experiencing a remarkable 61% surge, reaching $0.0002614 in an ongoing rally. The cryptocurrency, known for its volatile nature, has captivated attention as it continues to recover from a mid-last year slump reminiscent of meme coins. Speculation is now rife about the possibility of …
After its predecessor’s success in regaining the billion-dollar market value and ranking among the top 10 cryptocurrencies, the new Terra LUNA’s hopes were shattered in August 2023 due to a hacking event. This setback happened soon after on August 17, when LUNA hit its lowest value ever. After the original …
The market for cryptocurrencies is booming, and Terra Classic (LUNC) is one of the most notable examples, having risen by 55% in only one month. Given the asset’s turbulent past, which had its lowest value locked in early August since its creation, this upturn is especially significant. To the astonishment …
With the FeeShare module, Terra Blockchain presents a fee-sharing proposal with the goal of rewarding value creation and giving contract owners and LUNA stakeholders a portion of transaction fees. In order to promote a robust ecosystem, Terraform Labs has pledged to match 50% of the fees collected by smart contracts …
Terra Classic, sometimes referred to as LUNC, is selling at a very attractive $0.000065 right now. This cryptocurrency has decreased by 0.25% over the last 24 hours, but it has increased by almost 12% during the previous seven days, which is noteworthy. As to CoinMarketCap, Terra Classic is ranked #94 …
This week has seen a surge in the price of Terra Luna Classic (LUNC), the cryptocurrency that underpins the original Terra network that witnessed a stunning explosion in May 2022 when its UST algorithmic stablecoin lost its 1:1 peg to the US dollar. LUNC is up 5.8% in the past …
The emerging cryptocurrency group Terra Luna Classic has gained attention by endorsing a significant proposal: burning 800 million USTC tokens. The cryptocurrency community is excited by this development, which has prompted traders to increase their bids. A Close Poll A prominent member of the community by the name of Vegas …
According to statistics from DefiLlama, the collapse of Terraform last year and the consequent decline of its native Terra USD (UST) stablecoin set off a series of events that reduced the worth of the stablecoin industry from $189 billion in May 2022 to a meagre $123 billion at today. Analysts …