Terra Luna Classic is in the spotlight with various developments steering its price action. Foremost, the
Binance centralized exchange performed huge
token burns, specifically 1.14 billion of them, causing a surge in LUNC price. The burn gathered
community approval leading to a 10% eruption in USTC, the Terra Luna Classic Stable Coin. The community also voted to burn 1 billion USTC and 275 billion LUNC to bolster confidence and stimulate a token price rally. Further excitement surrounds the
Tax2Gas upgrade, a mechanism that will influence the economics of the LUNC ecosystem theoretically improving utility and value. Variants of Terra Luna and the future of their prices are being analysed, with predictions ranging from $1 to an astronomical $100 for LUNC. Nevertheless, not all developments have been positive, such as Terraform Labs agreeing to pay almost $4.5 billion in an SEC settlement. Additionally, Terra Luna founder
Do Kwon is facing a civil fraud trial. These allegations have cast some uncertainty over the Terra Luna Project, prompting a price plunge in LUNC. In the non-crypto realm,
Universal Orlando Resort announced the opening of Universal Stella Nova and Terra Luna Resorts while an aerial arts event called Terra Luna returns to an arboretum.
Terra Luna News Analytics from Mon, 18 Mar 2024 07:00:00 GMT to Wed, 02 Oct 2024 11:02:06 GMT -
Rating 3
- Innovation 4
- Information 5
- Rumor -3
