Terra Luna Classic (LUNC) is experiencing an intense phase. Numerous LUNC coins have been
burned, yet the impact on price has not been transcendental. With trillions of LUNC tokens torched, it's been a roller coaster ride for the crypto, spurring heated debates on whether the burns are legitimately pushing prices or mere gimmicks. Major exchanges like
Kraken and
Binance have delisted or threatened to delist LUNC despite significant burns. A prominent
proposal cut also impacted LUNC’s price negatively. Token burning is seen as a strategy to prevent further price downswings.
Do Kwon's potential guilty plea adds legal drama, influencing LUNC’s price. Future predictions vary with some analysts expecting a bullish breakout, while others argue that it’s not a good investment. Several key upgrades, such as
V3.6.0, showed initial promise but were soon devoured by dips in price.
eToro is ceasing support for LUNC, likely to cause ripple effects in the Terra Classic community. LUNC’s secret delisting on
Binance has added uncertainty. Even with community initiatives to repurpose the USTC as a memecoin, it’s unclear how this will affect LUNC. Despite all these complexities, Terra Luna Classic is set for a significant upgrade, and Binance has shown its support. The community is also proposing changes to
staking rules, which could change the game. Despite several burns and a legal drama, the endurance of LUNC is evident; however, the question is whether it can bounce back or continue facing brutal sell signals.
LUNC Coin News Analytics from Mon, 20 Jan 2020 02:04:06 GMT to Wed, 26 Nov 2025 21:13:00 GMT -
Rating 4
- Innovation -3
- Information 7
- Rumor 2
