LUNC Coin or Terra Luna Classic is getting a lot of attention in the crypto world with expected rallies, price fluctuations, strong movements and burn initiatives. The coin witnessed a 21% drop despite a significant token burn of 1.6 billion LUNC. Nevertheless, the crypto has hit a milestone with the total Terra Classic nearing a 403B mark which has potentially influenced LUNC price rise. There is speculation about another possible upsurge in price prompted by a 736M LUNC burn backed by Binance. A significant focus is on whether LUNC will reach $1 price point. There's a mixed sentiment within the LUNC community regarding burning 250B tokens and about raising the burn tax. Concerns exist over LUNC's severe drop from $119 to $0.005 and the reasons behind this significant fall. Notably, SEC has potentially classified MATIC, LUNC, CHZ as securities in a leaked court filing while buying activity, key resistance points and forthcoming upgrades form part of the LUNC conversation. Of particular interest is the community's approval of the massive Terra Luna Classic token burn and the Tax2Gas upgrade, both influencing market confidence and opening new possibilities for LUNC. Bybit's warning of delisting has caused some upset within the LUNC community. There's growing interest in whether LUNC can recover and hit $1 post the major upgrades.
LUNC Coin News Analytics from Fri, 08 Mar 2024 08:00:00 GMT to Tue, 25 Feb 2025 13:01:22 GMT -
Rating -4
- Innovation -2
- Information 7
- Rumor -1