What’s driving Memeinator (MMTR) and Luna Classic’s (LUNC) growth

The cryptocurrency market displays an upside stance as Bitcoin (BTC) jumped around 4% on its 24-hour price chart to trade above $46. 2K. Meanwhile, altcoins Memeinator (MMTR) and Luna Classic (LUNC) seem ready to dominate the next market-wide rally.

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What’s driving Memeinator (MMTR) and Luna Classic’s (LUNC) growth?

The cryptocurrency market displays an upside stance as Bitcoin (BTC) jumped around 4% on its 24-hour price chart to trade above $46. 2K. Meanwhile, altcoins Memeinator (MMTR) and Luna Classic (LUNC) seem ready to dominate the next market-wide rally.

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Exchange Relists Terra’s ‘Dead’ LUNA Classic Helping LUNC Price Pump

Luna Classic (LUNC) has increased by nearly fivefold over the past three weeks but has reached an important confluence of Fib resistance levels. The post Exchange Relists Terra’s ‘Dead’ LUNA Classic Helping LUNC Price Pump appeared first on BeInCrypto.

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LUNA Classic, Ravencoin, Cosmos, Ethereum Classic and Chainlink – Biggest Weekly Gainers

Be[in]Crypto takes a look at the five cryptocurrencies that increased the most last week, more specifically, from Sept 2 to Sept 9. The post LUNA Classic, Ravencoin, Cosmos, Ethereum Classic and Chainlink – Biggest Weekly Gainers appeared first on BeInCrypto.

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What’s Causing Terra’s Failed LUNA Classic (LUNC) to Soar?

Luna Classic (LUNC) increased by 71% in the past 24 hours, recording the highest daily increase since May 14. The post What’s Causing Terra’s Failed LUNA Classic (LUNC) to Soar? appeared first on BeInCrypto.

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Terra LUNA Classic price prediction for September 2022

Terra LUNA Classic price had a spectacular performance in August as speculation continued. The… The post Terra LUNA Classic price prediction for September 2022 appeared first on CoinJournal.

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LUNA Classic pumps 70% on ambitions to wipe the past, revive the chain

LUNA Classic (LUNC) is up 70% from its August 20 low following the implementation of plans to revive the ailing network. The post LUNA Classic pumps 70% on ambitions to wipe the past, revive the chain appeared first on CryptoSlate.

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Terra Classic's [LUNC] recent success might get you high on investing

Terra Classic is determined to make a strong comeback and there are many roadblocks ahead. One of those challenges is the inflated LUNC supply due to the excessive minting when LUNA and UST crashed.

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Terra Luna Classic Trending on Twitter (#LUNACLASSIC) Amid Ongoing LUNC Burn Efforts

With the cryptocurrency market trading sideways most of last week and showing slight bullish momentum today, one of the trending topics in the Business & Finance section on Twitter is none other than Terra Luna Classic, with the trending hashtag #LUNACLASSIC surpassing 6k Tweets.

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Terra Classic [LUNC] makes a big move; was it backed by strong whale activity

It is hard to imagine Terra making a comeback after LUNA and UST’s crash but Terra Classic (LUNC) aims to do just that. LUNC’s latest price action suggests significant interest in the project, andThe post Terra Classic [LUNC] makes a big move; was it backed by strong whale activity appeared first on AMBCrypto.

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За 4 дня рыночная капитализация Terra Classic увеличилась на $530 млн

Terra Classic (LUNC), ранее носившая название Terra (LUNA), продолжает вызывать интерес у инвесторов, отмечая приток капитала вопреки общим настроениям на крипторынке. После краха Terra ожидалось, что LUNC полностью обесценится, но, похоже, токен постепенно зарабатывает поддержку своего сообщества.

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Terra Classic (LUNC) gains 118% past week: here’s where to buy LUNC coin

After Terra’s hard fork that resulted in the Terra LUNA 2.0 and Terra Classic… The post Terra Classic (LUNC) gains 118% past week: here’s where to buy LUNC coin appeared first on CoinJournal.

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Here’s why Terra Luna Classic (LUNC) and USTC are suddenly rising

Terra Luna Classic (LUNC) has gained 44% today and over 110% over the past… The post Here’s why Terra Luna Classic (LUNC) and USTC are suddenly rising appeared first on CoinJournal.

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Top Decentralized Stablecoin Alternatives to USTC (Formerly UST)

The recent cataclysmic crash of the Terra Classic (LUNC; formerly LUNA) left several people bankrupt. South Korean officials reported 8 confirmed suicides due to this blow. Stablecoins emerged as a way for cryptocurrency investors to park their funds to escape from volatility.

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Bitcoin, Ethereum Price Down Over 30% This Week, Terra Classic (LUNC) Overtakes Terra 2.0 (LUNA) in Market Cap

Even with the Fed raising interest rates by unprecedented amounts, last week’s Consumer Price Index (CPI) numbers showed a further 6% gain. Record gas prices continue to drive inflation at an incredible rate, causing uncertainty in global markets.

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Shady WLUNA Contract Bridge Spells Trouble for the Terra Luna Community

Wrapped Luna Classic (WLUNA) is an Ethereum token designed to represent Terra (LUNA) on the blockchain. It’s not LUNA but a distinct ERC-20 token created to track the value of LUNA. Wrapped Luna Classic was intended to allow LUNA holders to trade, hold, and engage in Ethereum-based decentralized finance (DeFi) dApps.

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Terraform Labs Caused Collapse Of Its Stablecoin UST? This Report Says So

The company behind the failed Terra (LUNA) ecosystem, now dubbed Terra Classic (LUNC), Terraform Labs (TFL) could be behind the collapse of its native algorithmic stablecoin UST. Per a report from CoinDesk Korea, investigators linked the company to the attack that led to UST losing its peg to the U.

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Decoding the LUNA 2.0 v. LUNA Classic debate: Which one should you buy

It is roughly one month since LUNA and UST crashed. There have been significant changes during that time, including a plan to keep LUNA alive through a fork. The latter resulted in LUNA 2. 0 and LUNA CThe post Decoding the LUNA 2.

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Crypto Community Reacts To News That Kwon Silently Cashed Out $80 Million Monthly Before Terra Implosion

In a shocking twist, the U.S. Securities and Exchange Commission (SEC) has reportedly uncovered evidence that shows Terraform Labs CEO Do Kwon was withdrawing $80 million worth of LUNA (now called Luna Classic) and TerraUSD every month in the lead-up to the collapse of the Terra ecosystem in May.

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Terra’s Luna, Luna Classic Tokens See Volatile Trading Amid New Developments

Futures tracking the two tokens racked up nearly $18 million in liquidations over the past day in a higher-than-usual move.

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LUNA2 Going Downhill As SEC Investigates Potential Securities Violations By Terra

In particular, the securities watchdog is examining Terra’s DeFi project, Mirror Protocol. On Mirror, users were able to trade synthetic versions of real stocks and cryptocurrencies. But a significant price discrepancy between LUNA Classic and the new LUNA token enabled multiple exploits, in which the attacker reportedly drained millions of dollars from Mirror Protocol.

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LUNC: Decoding what growth in number of unique addresses could mean for investors

As people continue to run from Terra’s Luna Classic token [LUNC] and its accompanying stablecoin, UST, recent data from CoinMarketCap showed that even more people are running towards it. FollowinThe post LUNC: Decoding what growth in number of unique addresses could mean for investors appeared first on AMBCrypto.

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These Indicators show LUNA could grow 4x in the near term

When Terra rebranded into Terra Classic, there was a bit of fun fare. But…

The post These Indicators show LUNA could grow 4x in the near term appeared first on CoinJournal.

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Валидаторы Terraform Labs: LUNA Classic не имеет будущего

Группа валидаторов LUNA рассказала, что генеральный директор Terraform Labs До Квон был наименее вовлечён в общение в чате, созданном перед запуском новой сети Terra 2. 0. Основываясь на журналах чата, валидаторы ThorchainMaximalist и PFC заявили, что в процессе преодоления кризиса Terra возникли серьёзные проблемы, из-за которых те потеряли большую часть своего капитала.

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LUNA 2.0 stakers to decide on future of Luna Classic and re-enable IBC

The governance system of LUNA 2 is being used to decide on the future of the legacy chain, Luna Classic. The post LUNA 2.0 stakers to decide on future of Luna Classic and re-enable IBC appeared first on CryptoSlate.

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Торги токеном LUNA 2.0 превысили $2 млрд в мае

Разработчики печально прославившегося в мае проекта Terra попытались реанимировать свое детище с помощью форка и запуска абсолютно нового блокчейна. Соответственно, вместо прежнего токена экосистемы на рынке появились сразу два отдельных коина – Terra Classic (LUNC), представляющий старый блокчейн, и LUNA – для новой версии Terra 2.

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Terra 2.0 (LUNA) Price Trades Sideways, Terra Classic Continues to Lose Value

With Bitcoin facing bearish momentum once again, falling below the $30k level, Terra 2. 0 (LUNA) continues to trade sideways at the $6 level, and Terra Classic (LUNC) loses yet another zero, currently trading at $0.

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LUNA 2.0 Trading Volume Surpassed $2 Billion in May

LUNA 2.0 saw huge investor interest in May after the revival of the Terra project, which saw the old digital currency and its network rebranded to Terra Classic (LUNC). The post LUNA 2.0 Trading Volume Surpassed $2 Billion in May appeared first on BeInCrypto.

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Tim Frost believes LUNA pump shows fighting spirit of investors

The original Terra Chain has been renamed Terra Classic (LUNC), and Terra has been relaunched as Terra 2. 0 (LUNA). This happened after developers behind the defunct stablecoin TerraUSD decided last week to abandon the token to develop a new blockchain and digital asset.

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LUNA2 Records Losses as Market Rebounds, Investors Lost Faith?

A couple of days after its launch, the new LUNA or LUNA2 token from the Terra network continues to experience high volatility levels. The cryptocurrency was deployed as a result of the collapse of the old LUNA or LUNA Classic which lost almost 99% of its value in a little over a week.

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Terra confirms that some users received less LUNA than expected from the airdrop and is working on a solution

Developers behind the Terra Classic (LUNC) – formerly Terra – cryptocurrency and TerraClassic USD (USTC) – formerly TerraUSD (UST) – stablecoin launched Terra 2 (LUNA) in an attempt to move forward from the catastrophic crash that hit both of their tokens, losing investors millions in the process.

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What Cardano’s Hoskinson Said About Terra: In The End Slow Wins

Inventor of Cardano and Input-Output Global (IOG) CEO, Charles Hoskinson, gave his opinion on the recent events related to the crash in the Terra Classic network, formally known as Terra. A collapse in the price of its native token LUNA caused the algorithmic stablecoin UST to deppeged from the U.

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UK proposes legislation amendments to regulate stablecoin issuers

The collapse of TerraUSD (UST) and its sister token Luna Classic (LUNC) has created an urgency for governments across the globe to reign in the crypto market. The post UK proposes legislation amendments to regulate stablecoin issuers appeared first on CryptoSlate.

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Terra Classic (LUNC) vs. Luna 2.0 (LUNA)

A  few weeks ago, Terra (UST-USD), the third-largest stablecoin in the crypto market, was delisted from the US dollar and crashed along with its reserve asset, Luna (LUNA1-USD). This is after experiencing a massive sell-off of over 99% of its value, resulting in Investors losing all their funds and life savings as in the case […] The post Terra Classic (LUNC) vs. Luna 2.0 (LUNA) appeared first on NullTX.

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Luna Classic (LUNC) pricing error leads to Mirror Protocol exploit

An error on the pricing oracle software for Terra Classic validators opened the door for an exploiter to drain four synthetic asset pools from the Mirror Protocol.

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Terraform employees under probe for UST collapse in South Korea

In the quest for answers pertaining to the collapse of the Terra ecosystem earlier this month, South Korean authorities are now summoning all employees of Terraform Labs, which developed Luna Classic (LUNC) and TerraUSD (UST).

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Terra Classic (LUNC) Pumps 74%, LUNA 2.0 up 11%, Will the Price Continue to Rise?

Cryptocurrency markets are showing bullish momentum this Memorial Day, as Bitcoin and Ethereum are up 3. 6%, holding their current support levels of $30k and $1. 8k. Surprisingly, both LUNC and LUNA show significant price growth, with the Terra Classic token up over 74% and LUNA 2.

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Terra Classic (LUNC) crashes by nearly 80% barely hours after its airdrop

The month of May was dominated by news of LUNA’s crash. This came after… The post Terra Classic (LUNC) crashes by nearly 80% barely hours after its airdrop appeared first on CoinJournal.

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Terra Luna 2.0 Continues to Trade Sideways, LUNC Loses Another Zero

Terra Luna 2. 0 went live on exchanges last night, and traders have mixed feelings regarding LUNC and LUNA. Some remain hopeful that LUNA 2. 0 will reach prices as high as $50, while others are on Terra Classic’s side, encouraging users and exchanges to burn the token to reduce the enormous supply of the cryptocurrency.

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План по восстановлению Luna столкнется с трудностями: отчет Huobi

После отвязки Luna и краха стейблкоина UST на прошлой неделе соучредитель Terra До Квон представил предложение с его видением «пути вперед» - плана по возрождения блокчейна Terra. Предложение предусматривает форкинг цепи Terra в новую цепь без алгоритмического стейблкоина, при этом старая цепь будет называться Terra Classic (токен Luna Classic - LUNC), а новая цепь Terra (токен Luna - LUNA).

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Российские пользователи Binance могут быть исключены из эйрдропа Terra 2.0 LUNA

Криптовалютная биржа Binance сообщила о поддержке ребрендинга сети Terra в сеть Terra Classic и программы эйрдропа Terra 2.0 LUNA, однако российские пользователи биржи могут быть из него исключены.

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CoinMarketCap Updates LUNA to Terra Classic in Anticipation of New Chain

After the UST depegging earlier this month, which caused LUNA to drop over 99% in price, the community behind the token passed a revival plan proposal that will fork the old chain, creating a new token and blockchain without the stablecoin.

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Terra 2.0: Создатель TerraUSD предложил план перезапуска сети

Руководство Terraform Labs собирается отказаться от алгоритмического стейблкоина TerraUSD и создать новый блокчейн, переименовав действующую сеть в Luna Classic (LUNC).

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Terra Luna 2.0 Proposal Passed, Do Kwon Disputes Rumors

The Terra Luna 2. 0 Revival Plan has officially passed with over 65% voting in favor of the vote, 20. 98% voting to abstain, 0. 33% voting no, and 13. 20% voting no with veto. This means a new Terra chain will be created, and Luna will be airdropped across LUNA Classic stakers, holders, residual UST holders, and essential […] The post Terra Luna 2.

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Do Kwon’s Luna revival plan passes with just 65% of votes

The proposal to create a new genesis chain for Terra LUNA has passed with just 65% of voters voting “yes,” 20% “abstain,” and 13% “no with a veto. ” Therefore, on May 27, a new LUNA-only blockchain will be launched at block 0, and the current LUNA token will be renamed Luna Classic.

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Exchanges show initial support to Terra revival by listing new LUNA token

HitBTC plans to list Terra's brand new token LUNA on May 27 as the suspended Terra Classic blockchain is expected to revive as Terra 2.0.

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New Luna 2.0 blockchain will not be a fork of Luna Classic

Terraform Labs have confirmed that the new Luna 2 blockchain release on May 27 will not share any history with Luna Classic. The post New Luna 2.0 blockchain will not be a fork of Luna Classic appeared first on CryptoSlate.

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Terra Luna Revival Plan 2 – Renaming the Network to Terra Classic and LUNA Classic

After an uncertain last week and with LUNA’s price dropping below 1 cent, Do Kwon, the founder of Terra Luna, announced a new revival plan on Twitter. A new governance proposal #1623 suggests renaming the existing network to Terra Classic, renaming LUNA to LUNA Classic, and birthing a new blockchain.

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Terra ecosystem to vote on a fork to create Luna Classic and Luna Core

Luna Foundation Guard CEO, Do Kwon, has released a new proposal entitled “Terra Ecosystem Revival Plan 2. ” In it, he has outlined an updated version of his original plan, which described forking the current Terra blockchain from a snapshot taken before the ‘attack.

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