As a researcher who has closely followed the Terra Classic (LUNC) and Binance ecosystems, I am excited about the recent developments and the renewed focus on LUNC’s revival. The announcement by Binance TH, a joint venture between Binance and Gulf Energy, to promote LUNC and USTC trading on their platform is a significant step forward for the Terra Classic community.
This past weekend, Binance TH, a collaboration between Binance and Gulf Energy, declared their intention to reinvigorate trading activities on their platform, specifically for Terra Classic ecosystem tokens LUNC and USTC. The listing of these tokens by Binance TH this week has generated significant buzz within the Terra Classic community.
Binance TH Announces “LUNC from Collapse to Resurrection”
On June 15, Binance TH, which is the Terra and Luna community team at Binance, posed a question to the cryptocurrency community on X social media platform: “From collapse to resurrection – do you have faith in the comeback of LUNC?” Binance TH is encouraging individuals who lived through the Terra-Luna crisis but remain optimistic about LUNA’s recovery to join the conversation.
The crypto exchange, Binance TH by Gulf Binance, intends to reach out to those significantly impacted by LUNC and extend invitations for them to participate in discussions and share their experiences through Binance TH Live. As a token of appreciation, the chosen individuals will be rewarded with Binance TH Merchandise and exclusive prizes.
Expert: Changpeng Zhao, previous CEO of Binance, expressed his backing for Terra Classic’s resurgence following community and developer control over its governance. In the course of a token burn campaign, Binance eliminated approximately 60.42 billion LUNC tokens from circulation.
LUNC and USTC to $1
As a dedicated researcher exploring the dynamic world of cryptocurrency, I’ve come across an intriguing development within the LUNC and USTC communities. Not only are the developer groups working diligently on the revival of LUNC with a goal of reaching $1, but validators and the community at large are actively lending their support as well. Together, they’re striving to restore parity between these two digital currencies.
As a researcher, I’ve come across an intriguing proposition from Terra Luna Classic developers regarding Tax2Gas. This proposal aims to merge tax handling and calculation into the gas mechanism, eliminating the need for separate treatment in decentralized applications (dApps). StrathCole and Genuine Labs have suggested this approach to simplify dApp development complexities.
In the previous 24 hours, the value of LUNC experienced a rise of 0.21%, reaching a current price of $0.00097. The minimum and maximum prices within this timeframe were $0.0000918 and $0.00009709 respectively. Additionally, there was a 12% reduction in trading volume during the same period.
As a crypto investor, I’ve noticed an uptick in USTC price today, with it climbing 0.5%. Currently, the price is sitting at $0.0183 on my screen. The trading volume over the past 24 hours has picked up significantly, surging by 22%. It seems that many traders are seizing this opportunity to buy the dip.
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2024-06-15 19:31