Throughout the last year, the U.S. Securities and Exchange Commission (SEC) has identified numerous crypto assets as securities in cases involving Binance, Bittrex, Coinbase, Terra’s Do Kwon, Tron’s Justin Sun, and several more. The aggregate worth of these prominent digital assets, considered securities, currently amounts to $98 billion, making up over 8% of the cryptocurrency…
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While the co-founder of Terraform Labs has been sentenced to four months in jail in Montenegro, a team of six anonymous developers have been attempting to revive the Terra Classic ecosystem after its collapse in May 2022. The six programmers, known as the “Six Samurai,” wholeheartedly believe that luna classic (LUNC) has “limitless upside potential.”…
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Despite Binance’s latest monthly burn of over $150,000 worth of LUNC tokens and the recent hiring of a new, highly experienced Senior Cosmos developer to the layer-1 blockchain task force team, Luna Classic (LUNC) is threatening a breakout to fresh nine-month lows. As a result, price predictions remain pessimistic. LUNC is the token that powers…
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Luna Classic (LUNC), the cryptocurrency that powers the now largely defunct original Terra blockchain, has been in a technical uptrend since last March, signaling possible price strength ahead. Price predictions are thus somewhat upbeat, at least in the short term. The Terra blockchain experienced catastrophe in May 2022 when its UST algorithmic stablecoin token depegged…
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Luna Classic (LUNC), the token that powers the original but now largely defunct Terra blockchain, has seen a strong rebound from its Wednesday lows on Thursday and, as per CoinGecko, was last trading around 3.5% higher in the last 24 hours just above $0.0001250. The cryptocurrency had dipped as low as $0.00012 on Wednesday, dropping…
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Luna Classic (LUNC) bears remain in control. The cryptocurrency, which powers the now largely defunct original Terra blockchain that experienced catastrophe back in May 2021 was last changing hands close to $0.00012, only slightly above the $0.0001170 lows it hit earlier this month. Price predictions thus remain downbeat. Indeed, despite other major cryptocurrencies rallying in…
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Last Friday’s crypto market dip on Silvergate Bank concerns weighed heavily on Luna Classic (LUNC), the cryptocurrency that powers the original but not largely defunct Terra blockchain ecosystem. After dipping more than 10% on Friday from near $0.00017 to around $0.00015, the cryptocurrency has since eased a little lower to stabilize in the mid-$0.00014s. Price…
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Terra Luna Classic price pumped hard on Thursday and Friday this week following news that USTC was going to be repegged. The community has been seeking validation following the collapse of UST last May…. Read More: Terra Luna Classic Price Prediction as LUNC Blasts Up 24% in a Month – Are Whales Buying? Read more…
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LUNC, the ticker for the Luna Classic cryptocurrency that powers the original, but now largely defunct Terra blockchain, is up an impressive more than 40% from the lows it printed back in December under $0.00013. LUNC/USD was last changing hands in the $0.00017s, a little under recent highs in the $0.00019s, with the bulls still…
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LUNC, the native token of the now mostly defunct original Terra blockchain, which saw a catastrophic exit of its Decentralized Finance (DeFi) trade value locked (TVL), developers and community members when the value of its UST stablecoin depegged from the US dollar and triggered hyperinflation in the LUNC token, is rallying a little on Monday.…
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