Terra Luna Classic (LUNC) underwent significant supply reduction with Binance burning
1.7 billion LUNC tokens as developers ramp up reduction efforts. Following the procedure, Terra Luna Classic planned a
removal of another 18 billion LUNC from the supply. Meanwhile,
Montenegro's PM reportedly fell victim to a failed Terra Luna project. In a further development, 30 million LUNC were delegated to Hexxagon as a strategic move. However, an
initial merger attempt between Terra Classic and LUNA reportedly hit a roadblock. Despite these challenges,
99.98% of the community supported a LUNC payout proposal, potentially leading to price fluctuations. Amid the news, Terra's Do Kwon's release was tied to a
LUNA price surge. Conversely,
Terra Luna Classic faced a price crash following a
massive 6.5 billion LUNC burn. Furthermore, Coinbase has considered relisting LUNC, and Terra Luna Classic managed to hit a impressive new
milestone of 5.5 million holders, suggesting rising interest.
Terra Luna News Analytics from Wed, 13 Sep 2023 07:00:00 GMT to Fri, 05 Jul 2024 07:23:17 GMT -
Rating 2
- Innovation -5
- Information 8
- Rumor -6