LUNC

Starting off in the cryptocurrency market might be difficult, especially given the enormous amount of coins one could invest in. Focusing on popular cryptocurrencies, however, might be advantageous as they frequently have strong community support and creative use cases that lay the groundwork for growth. Every day, cryptocurrencies gain more popularity. Currently, D2T, IMPT, RIA, and TAMA are four of the most well-liked trending cryptocurrencies, and with good reason! Investors can benefit significantly from these…

Crypto analysts shared a list of crypto assets that might burn crypto investors’ fingers this week, and Terra (LUNA) and LUNA Classic (LUNC) are among these coins. These are coins that have massive selling pressure building up within and thus could get investors in losses really quickly. Terra (LUNA) and LUNA Classic (LUNC) are among the most unstable coins in the market, which is evident from their price performances in the past few months. The huge spikes and the sharp declines show the instabilities that these…

Luna Classic got off to an incredible start when the 1.2% burn tax came into effect in September this year. The first major LUNC burn from Binance destroyed 5.6 billion LUNC tokens in a single week. Added together with LUNC burns from other exchanges and investors, the total burn for October 1-7 was 7.1 billion LUNC – according to Terrarity.io. At that rate LUNC could have been looking at a price of $0.1 within the next 20 years. But it wasn’t to be. The Luna Classic community voted to drop the burn tax from 1.2% to…

Predicting a token’s future value goes a long way in ensuring crypto enthusiasts and investors get the best return on their investment. Many platforms have gained popularity either by airdrops or Initial Coin Offerings (ICOs) in the crypto market. Still, investors use technical analysis and other underlying factors to determine the certainty and longevity of a project. Terra Luna Classic ($LUNC) is a digital asset that has seen tremendous growth since its launch into the cryptocurrency market. Despite current crypto…

The Crypto market is bleeding red this week, and most coins, like LUNA Classic (LUNC) and Terra (LUNA), registered huge plunges over the past few days. The last 7 days have seen LUNC and LUNA holders dump heavily. In fact, LUNA Classic (LUNC) had declined by 14% in the last 7 days as of writing. Terra (LUNA) has been the worst-performing coin of the two, with the current charts showing it had declined 26.6% in the past 7 days. Although these coins have been stable today, the outlook is still bearish. Crypto experts…

As the crypto market struggles with massive withdrawals, Terra (LUNA) and LUNA Classic (LUNC) are some of the coins hard hit by the massive buying pressure. As of writing, Terra 2.0 and the LUNA Classic were deep in the red with a +20% decline in the 24 hours, while their toughest rivals, Centcex (CENX) and the Bitgert (BRISE), were quite stable. Terra (LUNA) and LUNA Classic (LUNC) outlooks for this week are still bearish. This is looking at the overall market performance and the many factors likely to increase the…

The first decentralised app (dApp) created by Terra Rebels has burned 10.6 million LUNC in its first week of launch. The Terra Rebels Lottery costs 5,000 Luna Classic (LUNC) tokens per ticket, with 60% of the lottery pool going to the winner. The first winner of the Terra Rebels Lottery won 24.3 million LUNC worth $5,400.  A further 26% of each Lottery pool is burned from supply – in the first week, 10.6 million LUNC worth $2,300 was destroyed.  Terra Rebels is an unofficial lead development team, who were behind the…

In early September, Terra Luna Classic (LUNC) experienced a price rally over 500% in early September to bring LUNC back into the crypto top 50.  The news that Binance would burn LUNC sent investors bullish – social media was bursting with bullish comments about the ‘greatest comeback’ and hope that one day LUNC could hit $1. But then the LUNC price dropped back down -65%.  Now that the community has reduced the burn tax from 1.2% to 0.2% the future of LUNC hangs in the balance. Burning LUNC has been relegated…

What would it mean for LUNC to reach a price of $1? For a start, it would mean a return of 404,758% on any LUNC investment made today. That would see an investment of $100 become worth $404,858. Which is a return on investment almost unheard of unless you bought up Shiba Inu or Bitcoin early.  But for the thousands of investors who lost hundreds of thousands on LUNC, getting back to a $1 price could help recover some losses. Rather than a portfolio worth $100,000 pre-Terra crash being worth less than $0.50 at…

The Bitgert (BRISE) and Centcex (CENX) have been some of the most exciting crypto assets in the market this year. These are two of the few crypto coins that have posted a price increase in 2022 when most of the big coins have declined by +60% during the same period. Terra (LUNA) and LUNA Classic (LUNC) whales are accumulating Bitgert and Centcex, and the number is growing every day. Crypto analysts say more LUNA and LUNC holders will sell their holdings to buy these coins. This is because of the huge profit potential…