Terra Luna Classic Community Pool Balance In Jeopardy, Can They Survive The Plunge?

The Terra Luna Classic community pool balance has reached a critical level due to the approval of three community pool spending proposals. The funds have significantly decreased from 2. 37 billion LUNC to a mere 416 million LUNC.

206 +

Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed

The Terra Classic burn mechanism automatically burns tokens whenever a transaction occurs on the network.

303 +

1 Billion Terra Classic (LUNC) Tokens Burned By Binance, Here's Price Reaction

Binance has consistently burned LUNC tokens

183 +

Terra Classic’s DeFi project Terraport suffers exploit shortly after launch

Terraport Finance, the recently launched decentralized finance (DeFi) project on the Terra Classic network has been hacked, with 15 billion LUNC drained from the protocol. 

264 +

Binance Toasts 8.9 Billion LUNC in Latest Quarterly Burn

Binance will burn 50% of its LUNC trading fees for the first time on March 1, 2023.

The post Binance Toasts 8.9 Billion LUNC in Latest Quarterly Burn appeared first on BeInCrypto.

204 +

Terra Classic regains $1B market cap following Boxing Day surge

Terra Classic (LUNC) surged over Boxing Day, triggering a market cap spike above $1 billion. The post Terra Classic regains $1B market cap following Boxing Day surge appeared first on CryptoSlate.

152 +

Terra Classic (LUNC) Climbs 16% as Market Cap Takes Back $1 Billion

LUNC trading volume also up 155% in last 24 hours

195 +

Terra Classic’s validator burns 13 million LUNC

As of Wednesday, the total amount of burnt LUNC tokens stood at 36.231 billion. This was majorly contributed too by ClassyCrypto who announced he had burnt 13 million LUNC.

334 +

Here's When 10 Billion Terra Classic (LUNC) Burning Goal Will Be Reached

Desired number of LUNCs in circulation is 10 billion tokens, but there is a catch

216 +

Realized losses from FTX collapse peaked at $9B, far below earlier crises

Weekly-realized losses peaked at $20.5 billion when Terra Luna (LUNC) imploded and reached $33 billion when 3AC and Celsius collapsed, according to Chainalysis.

234 +

Terra Classic's anticipation of reaching this milestone could convey this about LUNC

Terra Classic’s market capitalization was about to reach 1 billion  LUNC indicators and metrics were in support of a price hike  Terra Classic [LUNC] recently registered promising growthThe post Terra Classic's anticipation of reaching this milestone could convey this about LUNC appeared first on AMBCrypto.

308 +

Burned LUNC Crosses 26 Billion, But Is This Enough?

The LUNA Classic (LUNC) community has now been burning the cryptocurrency for a couple of months now following the collapse of the Terra network. It has been on a reasonable momentum since then with the likes of Binance joining in on the action.

246 +

LUNC Sheds $130 Million In 24 Hours As Terra Classic’s Misery Worsens

LUNC (Terra Luna Classic) continues to experience severe losses as its market capitalization took a heavy hit earlier today. On November 1, the asset’s overall valuation stood at $1. 60 billion but in just a span of 24 hours, the value declined by almost 10% as it settled at $1.

369 +

Terra Community Burns 25 Billion LUNC Tokens, Will It Reach The Highs?

The Terra Classic LUNC has been putting more effort into resuscitation its new position in the crypto space. Unfortunately, the algorithmic stablecoin Terra and LUNA collapse in May caused a massive loss in the industry.

172 +

2.5 Billion LUNC Burned in Recent Hours as LUNC Community Awaits Price Gain

Binance burned 2,500,382,131.16 LUNC tokens worth $659,300.76

112 +

LUNC Burning Experiment Goes Wrong: $1 Billion Added, Only $2 Million Burned

Amount of token Binance burned does not seem to have desired effect on market value of token

197 +

CryptoSlate Wrapped Daily: US regulators want more rules for digital assets; Kim Kardashian fined $1.26M by SEC on EMAX promotion

The biggest news in the cryptosphere for October 3 includes, Binance burning 5. 5 billion LUNC tokens, Tether reducing its commercial paper holdings below $50 million, and Transit Swap hacker returning over 70% of stolen funds.

357 +

What’s Next for Terra’s LUNC After Binance Burns 5.5 Billion Tokens

Binance announced its first weekly burn of Luna Classic (LUNC) spot and margin trading pair fees totaling $1. 7 million. This batch of fees came from trades between Sep. 21, 2022, and Oct. 1, 2022, according to a recent announcement by the exchange.

183 +

Binance burns $1.9M LUNC tokens

Binance announced that it has burned 5.5 billion Luna Classic tokens following its implementation of the burn mechanism. The post Binance burns $1.9M LUNC tokens appeared first on CryptoSlate.

278 +

Terra Classic (LUNC), Ravencoin (RVN), ApeCoin (APE) take the top 3 spots because...

The total cryptocurrency market volume over the last 24 hours stood at $78.70 billion, marking a 12.71% increase. Meanwhile, total market capitalization surged by >6% within the same timeframe as iThe post Terra Classic (LUNC), Ravencoin (RVN), ApeCoin (APE) take the top 3 spots because... appeared first on AMBCrypto.

275 +

Community-led Terra Classic (LUNC) now worth 12x more than Do Kwon-led Terra LUNA

Terra Classic (LUNC) has a current market cap of $3.3 billion, roughly 12x higher than Terra LUNA’s $258 million. The post Community-led Terra Classic (LUNC) now worth 12x more than Do Kwon-led Terra LUNA appeared first on CryptoSlate.

241 +

BTC Crashes to Lowest Level Since July, David Gokhshtein Explains Who Buys LUNC, Whales Buy 475 Billion SHIB Ahead of ETH Merge: Crypto News Digest by U.Today

Stay updated on all of the industry’s top events with U.Today’s crypto news digest!

210 +

LUNC up 134% in 7 days amid massive community support and burn tax proposal

Terra Classic (LUNC) has witnessed a massive rally over the past week. It has risen by about 134. 2% over the past seven days according to Coingecko. LUNC has also attracted significant interest from investors with its daily trading volume surging by over $2 billion.

179 +

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.

302 +