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Showing posts with the label luna classic

Industry experts predict “Zero” for the Terra Classic price in their article “Is LUNC Dead?”

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Join Our Telegram channel to stay up to date on breaking news coverage Two of the best cryptocurrency traders predicted the bull run would finish on the day the value of Terra Classic (LUNC) hit its peak in 2022, and they proved right. Since that day, from September 8th, the price of LUNC on Binance has fallen by approximately 50%, trading as of mid-October just under the $0.0003 trend line. Light Crypto: Terra LUNA Classic Price Prediction A Twitter handle with more than 169k followers (@lightcrypto) tweeted: “Think about the crash of the LUNC burn trade.” The broken momentum was noted. Elevator failure is a major likelihood. GCR (@GiganticRebirth), who already has 187,000 followers, responded with just a Hillary Clinton quote from his covert account, “That’s right, zero.” In March, GCR notably prevailed in a $10 million wager against former Terraform Labs CEO Do Kwon by predicting a decline in the price of Terra LUNA. A few days later, Light, ...

How Much Will Terra Luna Classic Cost in the Future?

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Join Our Telegram channel to stay up to date on breaking news coverage According to recent sources, Binance, the largest cryptocurrency exchange in the world, has implemented a new burn mechanism for the Luna Classic (LUNC) coin, which was initially utilized for the Terra chain. What remains to be seen after the next burn is how high LUNC can go. Luna Classic Continues To Rise The value of Luna Classic’s token soared by over 68% in one day after Binance’s original statement on the token burn mechanism for Luna Classic on September 26. More than doubling in value in only six days, the token went from a low of roughly $0.00018 on that day to over $0.00037 on October 2. Binance sends the trading fees it collects from LUNC spot and margin trading pairs to the LUNC burn address, where they are destroyed. The discussion implies that the regular Tuesday schedule will continue “until further notice.” As of Tuesday, October 11 at 00:00 UTC, the following fire w...