Do Kwan Is On The Run. And LUNC Is On A Run, Surging 40%: How Terra Classic Became The Luna Crisis Proxy
Even as Interpol has issued a red notice alert for Do Kwon, founder, and CEO of Terraform Labs that wiped out $40 billion of investors' money, the native asset of the old Terra Chain rose by over 40% on Monday. LUNC (CRYPTO: LUNC) is currently trading at $0.00030 at the time of publishing, up about 40% over the previous 24 hours and over 10% for the previous week.
Timeline of Terra-luna
Terra Luna Classic (LUNC) Explodes Over 82% After Binance Implements New Fee Burn System - The Daily Hodl
Terra Classic (LUNC), the remnants of a former top 5 crypto project, is rallying hard on the news that Binance will be implementing a fee-burning mechanism in support of a LUNC community proposal.
Terra Luna Classic Enjoys Hefty Uptick As Binance Introduces Incredible LUNC Burn Mechanism - Zycrypto
Luna Classic (LUNC), the renamed native token of the Terra network that infamously crashed to virtually zero in May, is rising in value today as traders bet that the new burn update by Binance could breathe some new life into the much-berated crypto.
Binance to support Terra Classic (LUNC) burn, CEO Zhao says - Invezz
Binance, the world's largest crypto exchange and trading platform, now supports the burning model for Terra Classic (LUNC), Changpeng Zhao's firm said in an announcement on Monday. According to the platform, support for LUNC burn at a 1.
Biggest Movers: LUNC up 40% on Monday, as Do Kwon Faces Possible Arrest - Bitcoin
Terra classic rose by over 40% on Monday, as markets reacted to the news that founder Do Kwon was wanted by Interpol. Cosmos also traded higher, rebounding from recent declines. Terra Classic (LUNC) Terra classic was one of Monday's most notable movers, as the token rose by over 40% to start the week.
Binance applies LUNC tax burn to trades including past transactions - CryptoSlate
Binance announced that the exchange has started applying the 1.2% tax burn on Terra Luna Classic (LUNC) trades. The post Binance applies LUNC tax burn to trades including past transactions appeared first on CryptoSlate.
Terra Classic Bulls Ready to Seize The Control, LUNC Price Skyrockets - CoinPedia
The terra classic experienced a very bullish market up until the middle of September before the bears intervened and seized over. The market has been quite bearish about the LUNC from the beginning of September until now. Terra Classic has dropped by 14.82% and 28.12%, respectively, over the previous 24 and 7 days.
Crypto Exchange Binance Unveils New Fee Burn Mechanism For LUNC - Bitcoinist
The mission to keep the value of Terra Classic (LUNC) has been undertaken by the entire community, and Binance has managed to always be at the forefront of this. The proposed 1.2% transaction fee burn was fully supported by the community, which caused the value of the digital asset to surge.
Breaking: Binance To Burn Trading Fees On Terra Classic (LUNC) Trading - Coingape
The world's largest crypto exchange Binance on Monday said it will burn all trading fees on Terra Classic (LUNC) spot and margin trading pairs by sending them to the LUNC burn address. After realizing the Terra Community's dissatisfaction with the “opt-in button” proposal, the crypto exchange decided to burn trading fees on LUNC spot and The post Breaking: Binance To Burn Trading Fees On Terra Classic (LUNC) Trading appeared first on CoinGape.
Identifying the odds of this Binance ‘update' having any impact on LUNC - AMBCrypto
Terra's fiasco continues to haunt the market as the strong selling pressure kept pushing the price of Terra Classic (LUNC) down. In fact, the Terra LUNA crypto-crash saw the coin drop by 99.9% in price.
Why Terra Classic [LUNC] may be poised for a 10% dump in the next few days - AMBCrypto
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin [BTC] faced stiff resistance near the $19.6k mark and registered some losses over the previous trading day.