LUNC Showing Successful Growth

Terra Luna Classic (LUNC) is showing a noticeable increase in the cryptocurrency market. Prices rose by more than 30% last week. The main reasons for this rise can be attributed to the successful completion of a major chain upgrade and the addition of a feature called IBC-Hooks. These innovations are enabling new dApps to join the LUNC ecosystem. New Upgrade in LUNC The new upgrade was smoothly implemented by developers, and validators were gradually included in the process. It was shared that a security update called Terra Classic Security Package is being worked on and is aimed to increase the functionality and traceability of this package. All developments are planned to be completed within 8 weeks. 105 million tokens were burnt with the support of cryptocurrency exchanges and projects. Binance alone burnt more than half of these tokens. New projects like WEEX are also participating in the burning campaign to […]

LUNC Showing Successful Growth

Terra Luna Classic (LUNC) is showing a noticeable increase in the cryptocurrency market. Prices rose by more than 30% last week. The main reasons for this rise can be attributed to the successful completion of a major chain upgrade and the addition of a feature called IBC-Hooks. These innovations are enabling new dApps to join the LUNC ecosystem.

New Upgrade in LUNC

The new upgrade was smoothly implemented by developers, and validators were gradually included in the process. It was shared that a security update called Terra Classic Security Package is being worked on and is aimed to increase the functionality and traceability of this package. All developments are planned to be completed within 8 weeks.

105 million tokens were burnt with the support of cryptocurrency exchanges and projects. Binance alone burnt more than half of these tokens. New projects like WEEX are also participating in the burning campaign to reduce the circulating supply. As a result of the success of the burning story, the burning rate showed a significant increase as the prices soared.

Analytical Reports in LUNC

Developers and projects continue to contribute to the Terra Luna Classic chain. According to ATOMScan research, the number of LUNC account holders exceeded 5.51 million. The LUNC price maintained its gains with a 4% increase in the last 24 hours. The current price of the cryptocurrency is at the level of $0.000170. The trading volume showed a slight decrease in the last 24 hours.

CoinGlass data indicates a 10% increase in open positions in futures trading, signifying a positive sentiment among investors. While reaching $1 this year seems challenging for the LUNC price, a 1000% increase is mentioned as a possibility. The USTC price also saw a 3% increase in the last 24 hours, trading at $0.0306.

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