Breaking NEWS: LUNC Price To Reach $1 Soon?

Will the LUNC price reach $1? Let's take a look at this LUNC price prediction article in more detail.

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LUNC Price Prediction: Terra Luna Classic Price Can Hit $2 Before Bitcoin Halving?

Can LUNC price hit $2? Let's take a look at this LUNC price prediction article in more detail as to why this could happen.

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Terra Luna Classic (LUNC): 3 Reasons Why LUNC Price Could Reach $1 After Bitcoin Halving

So, why not dive into the top 3 reasons why LUNC price could hit the $1 mark after BTC halving? Let's check it out!

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Terra Luna Classic Price: LUNC Community Should Stay Calm And Take Advantage Of The Dip For A Better Future

Terra Luna Classic price (LUNC) has recorded massive declines since September 2022, losing almost 80% to date. The steady decline is attributed to investors losing [...]

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LUNC Price Prediction: LUNC’s Potential Recovery to $1?

One of the most impressive cryptocurrencies to gain popularity this year is Terra Luna Classic (LUNC). Since the start of the year, Terra Luna’s LUNC [...]

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LUNC Price Prediction – Set To Break Its Monthly High This Weekend?

LUNC price remains bullish for the second week this year while printing a crucial ascending triangle. Its value increased by 1.2% in 24 hours but [...]

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LUNC Price Prediction – Is Terra Classic Primed To Surge?

LUNC price has, over the last couple of days, remained profitable, keeping investor interest on the roof. In the last 24 hours, Terra Classic’s price [...]

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Terra Luna Classic Price Explodes Out of Nowhere As $100M In Trading Volume Comes In

Terra Luna Classic price is starting the week on a positive note, with gains exceeding 5% in 24 hours. LUNC has attracted over $100 million [...]

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Terra LUNA Prediction: Will LUNC Crash to 0$ in 2023?

Should LUNA investors expect a LUNC crash to 0 $? Or will Terra come back to life? Let's analyze in this LUNC prediction article.

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LUNA Classic Price Prediction As LUNC Readies For 20% Losses

Terra Luna Classic (LUNC) price has been sealed in a downward trend over the past few weeks amid a recoiling crypto market. Consequently, Luna Classic [...]

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LUNC Price Prediction: Is Terra Luna Classic ‘The Cullinan Diamond’ of Crypto?

Is there still a chance that the LUNA Coin will become valuable? This article is all about LUNC price prediction.

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Terra Classic’s LUNC price sees a spike, but can this momentum carry on?

Terra Classic (LUNC) is the original Terra Luna chain that was left behind after the collapse of Terra (LUNA/USD) and TerraUSD (UST/USD).

Terra Classic is a hard fork that occurs at a point in time when a blockchain splits and creates two separate networks.

Do Kwon, the CEO of Terraform Labs, urged the hard fork on Terra (LUNA) to revive the network, where UST was completely disregarded in the ecosystem, and Terra will no longer include any algorithmic stablecoin components.

On August 26, 2022, LUNA had a value of $0.00012. On September 1, it spiked to $0.0003392, which marks an increase in value of $0.0002192 or 182%.

This recent spike in value has been backed by massive volume, which validates the uptrend and increases the chances of LUNC keeping up this momentum going forward. 

As of September 1, the trading volume of Terra Classic increased 61% in the last 24 hours.

On August 29, 2022, Terra also announced on Twitter that they are rolling out the new Governance Alert Bot, which will alert users on the latest governance activities occurring on top of Terra.

On September 2, 2022, Terra Classic (LUNC) had a value of $0.00026496.

The all-time high of the Terra Classic (LUNC) cryptocurrency was on April 5, 2022, when it reached a value of $119.18.

When we go over its performance in August, Terra Classic (LUNC) had its lowest point of value on August 20 at $0.00008664. Its highest point of value was on August 31 at $0.0002183.

Here we can see that Terra Classic (LUNC) increased in value by $0.00013166 or 152%.

With this in mind, investors might want to buy LUNC, as it can increase in value to $0.0004 by the end of September 2022.

The post Terra Classic’s LUNC price sees a spike, but can this momentum carry on? appeared first on Invezz.

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Terra Luna Classic Price Records A New All-Time Low, Will Bulls Manage A Do-Over This Time?

After recording an intra-day low of $0.000115 on March 10, bearish momentum has seen Terra Luna Classic price (LUNC) go lower to record an intra-day [...]

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LUNC Price Rally Is Far From Over Following Falling Wedge Breakout, Analyst Says

Over the weekend, the LUNC price saw some of the most bullish price action that sent its price soaring over 20%. This rally eventually brought the price above $0.0001 after struggling around $0.00009 for the last two weeks. However, the tides seem to be completely changing for the altcoin, as one analyst expects the rally to continue. Prepare For The LUNC Price To Double The LUNC price, despite having risen so much, is still showing signs of a continuation. This is evident in the Falling Wedge Breakout that was confirmed by crypto analyst Ava Cryptoo on TradingView. This Falling Wedge Breakout is significant as it often precedes some of the most significant rallies in cryptocurrencies, such as LUNC. Related Reading: Dogecoin Adoption Rate Touches New ATH, But Why Is This AI Bearish On DOGE Price? The price of the altcoin is currently retesting the significant resistance at $0.000115. Now, this level is significant because rejection from this level had initially stopped the LUNC price breakout on Saturday. Now that the price is starting to retest it again, it shows that the bulls are far from done with this altcoin. Source: Tradingview.com In a scenario where the LUNC price successfully retests and breaks above this level, then the crypto analyst expects that the price will more than double from its current level. They put the price target for the altcoin as high as $0.00022, and the timeline for this is shown to be a matter of days. However, all of this hinges on the fact that the price makes a Perfect Retest and breaks out completely. Token price climbs to $0.000114 | Source: LUNCUSDT on Tradingview.com Why Is The Altcoin Rallying Amid Low Market Sentiment? The LUNC price breaking out during such slow market movements suggests an end to the accumulation that happened below $0.0001. In addition to this, Binance carrying out its scheduled LUNC burn contributed to the rise in price that was seen this weekend. Binance, the largest crypto exchange in the world, has been committed to burning LUNC tokens realized from fees in an effort to help reduce its vast supply. The latest burn which took place on February 1 saw approximately 2.1 billion tokens performantly removed from circulation. Related Reading: Bitcoin Fear & Greed Index Reaches Lowest Level In Three Months, Is The Bleed Over? This is the 18th burn that the crypto exchange has carried out, each time removing hundreds of millions to billions of tokens from circulation. Following this burn, the crypto exchange has helped the LUNC burn figure cross the 51 billion threshold. A wave of excitement naturally followed the monthly burn as the price started to rise rapidly. The LUNC trading volume reportedly surged more than 700% at the time, at first triggering a 10% increase in price. By the time the weekend was over, the LUNC price had already risen more than 20%, and continues to hold on to the majority of its gains. Follow Best Owie on X (formerly Twitter) for market insights, updates, and the occasional funny tweet Featured image from Dall.E, chart from TradingView.com

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Terra Luna Classic (LUNC): Top 5 Reasons Why LUNC Price Could Reach $1 in 2024

Despite a challenging period, Terra Classic (LUNC) is showing signs of a turnaround. Let's take a look at the top 5 Reasons Why LUNC Price Could Reach $1

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LUNC Price Prediction: If Passed, Will This New Proposal Trigger Terra Classic Price Rally?

LUNC community has come up with yet another proposal. Will this proposal trigger the bull run? Let's take a look at this in the LUNC price prediction.

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Terra Luna Price Prediction as Cryptos Consolidates…Upside Soon?

Despite the turbulence in the cryptocurrency market, Terra Luna Classic (LUNC) has shown commendable resilience. Will LUNC price go up?

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Terra Classic Continues To Brush Off Market Downtrends, Buy Now?

The crypto market has been bleeding lately, and leaders like Bitcoin and Ethereum have been on a downtrend. In addition, the Securities and Exchange Commission’s crackdown on top trading platforms Coinbase and Binance has further made things worse as the crypto winter has persisted.  However, while the massacre caught up with most coins, Terra Classic [...]

The post Terra Classic Continues To Brush Off Market Downtrends, Buy Now? appeared first on Crypto Breaking News.

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Brace For Impact: Court Orders Massive LUNC Burn As Part Of $4.5 Billion Settlement For Terraform Labs

The Terra Classic community is preparing for a supply shock that the LUNC coin could soon face. This is based on a court settlement that has mandated Terraform Labs to burn the tokens in their possession.  Court Orders LUNC Burn As Part Of Terraform Labs Settlement Terraform Labs is set to carry out LUNC burns as part of its $4.5 billion settlement with the US Securities and Exchange Commission (SEC). These burns must be carried out before the end of this month, or Terraform Labs will have to pay a fine. According to the SEC, the crypto firm must burn or destroy private keys in its possession of wallets holding these LUNC coins.  Related Reading: Bitcoin Cup And Handle Cascade: Analyst Says BTC Price Could Reach $230,000 If It Follows This Structural Path Based on the deadline, the LUNC burn may occur this week. Ahead of the burn, Terra Classic community members have also been told to withdraw their assets locked on the Shuttle Bridge, as it will also be closed during the LUNC burn and never be opened again.  Terraform Labs imminent LUNC burn is undoubtedly a positive for the coin, as this could provide much-needed bullish momentum and lead to a significant price surge. Moreover, this aligns with the Terra Classic communitys mission to remove as many coins as possible from circulation to revive LUNC.  They believe this deflationary mechanism could help send the coin back to its current all-time high (ATH) of $119. LUNC Metrics data shows that 135.54 billion coins have been burned since these token burns began on May 13, 2022. Meanwhile, 303.6 million coins have been burnt in the last seven days. However, the community still has a lot of work to do, considering that LUNC still has a circulating supply of 6.76 trillion.  Other Steps Taken By The Terra Classic Community In addition to LUNC burns, the Terra Classic community has taken other steps to help revive the coin and restore it to its glory days. This includes developing proposals to improve the LUNC ecosystem and promote the coins adoption.  The most recent proposal is from OrbitLabs to remove the forked mainline modules from the Terra Classic blockchain. The proposal states that this will help improve maintainability, reduce technical debt, and align with the broader Cosmos ecosystem.  Related Reading: Ethereum Price Breaks Out Of Symmetrical Triangle, Next Stop $3,400? OrbitLabs further highlighted the current situation in the LUNC ecosystem to show why this proposal is necessary. According to them, the Terra Classic codebase uses several forked versions of Cosmos modules to accommodate its unique features. This has led to the codebase diverging from the upstream modules and increasing maintenance costs.  Therefore, this new approach will help ensure that the Terra Classic blockchain is current with the latest securities and features from the Cosmos development team. This will help massively reduce maintenance costs and time.  At the time of writing, LUNC is trading at around $0.0000925, down over 2% in the last 24 hours, according to data from CoinMarketCap.  Featured image created with Dall.E, chart from Tradingview.com

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Terra Classic is Burning: Will LUNC Price Explode?

It's like a big team effort to make things better in the crypto world! Will LUNC Price explode? Let's take a look at it.

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