Terra Classic – DIGIT INFO

LUNC Staking Hits All-Time High, Signaling Strong Community Confidence

DIGIT — Mon, 08 Jul 2024 02:25:21 +0000

Terra Luna Classic (LUNC) staking has reached an all-time high, with over 1 trillion tokens now staked. This milestone drives the staking ratio to an impressive 15.01%, reflecting growing community participation and confidence in the network. The high staking rates and reduced supply are fueling optimism for potential price appreciation. When a significant portion of tokens is staked, it reduces the circulating supply, which can positively impact the token’s price. About $70.15 Million Worth Of LUNC Has Been Staked The recent burns of LUNC by Binance have further added to this optimism. As of now, $70.15 million worth of LUNC

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Terra Classic Advocates Propose Plan to Re-Establish USTC’s Peg With US Dollar, Token’s Value Surges by Over 9%

DIGIT — Fri, 28 Apr 2023 20:00:32 +0000

Almost 12 months back, terrausd (UST), an algorithmic stablecoin, suffered a detachment from the U.S. dollar, causing the Terra ecosystem to crumble shortly thereafter. At present, supporters of the Terra Classic blockchain community are deliberating on a plan to revive the ecosystem by re-establishing the once-stable token’s peg with the U.S. dollar. In response to […]

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Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity

DIGIT — Mon, 28 Nov 2022 17:05:49 +0000

It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently, the former stablecoin is exchanging hands for $0.02 per unit, but a number of Terra Classic supporters believe there’s a chance USTC can regain its […]

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Biggest Movers: LUNC 13% Higher, as US CPI Boosts Crypto Markets

DIGIT — Thu, 10 Nov 2022 16:31:53 +0000

Terra classic has been one of Thursday’s biggest gainers, as crypto markets found light in the form of the latest U.S. inflation (CPI) report, which came in at 7.7%. The token was up by nearly 14% in today’s session, as founder Do Kwon ironically gave his best wishes to FTX chief Sam Bankman-Fried. Polygon was […]

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WSJ: Terraform Labs claims case against Do Kwon is ‘highly politicized’

DIGIT — Thu, 29 Sep 2022 06:19:41 +0000

A spokesperson for the company behind Terra said it believes prosecutors heeled to public pressure and expanded the definition of a security after its associated cryptocurrencies collapsed.

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Biggest Movers: LUNC up 40% on Monday, as Do Kwon Faces Possible Arrest

DIGIT — Mon, 26 Sep 2022 15:32:23 +0000

Terra classic rose by over 40% on Monday, as markets reacted to the news that founder Do Kwon was wanted by Interpol. Cosmos also traded higher, rebounding from recent declines. Terra Classic (LUNC) Terra classic was one of Monday’s most notable movers, as the token rose by over 40% to start the week. Following a […]

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Biggest Movers: LUNC up 20% on Saturday, XRP Moves Towards 1-Week High

DIGIT — Sat, 17 Sep 2022 14:00:23 +0000

Terra classic rose by as much as 20% in today’s session, which comes following a recent bearish streak. Today’s rally follows Thursday’s drop to a key support point, with bulls using this as an ideal area to reenter. Xrp was also higher, as it moved closer to a long-term resistance level. Terra Classic (LUNC) Terra […]

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Terra back from the dead? LUNA price rises 300% in September

DIGIT — Sun, 11 Sep 2022 13:35:26 +0000

The incredible LUNA rally took place amid a flurry of positive and negative events while technicals suggest a correction is coming.

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Here’s why Terra Classic price has soared by 250% in September

DIGIT — Fri, 09 Sep 2022 05:49:54 +0000

The hype around Terra Classic’s staking service and new token-burning feature is helping fuel the LUNC rally.

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Terra’s 2 Classic Coins Mysteriously Spike in Value, USTC Climbs 42% Higher in 24 Hours

DIGIT — Tue, 23 Aug 2022 16:37:33 +0000

During the last 24 hours, crypto asset prices have improved as the global cryptocurrency market capitalization today has risen 1.9% to $1.07 trillion. Interestingly, the two so-called ‘defeated’ Terra blockchain tokens, now called terraclassicusd (USTC) and luna classic (LUNC), have seen significant gains. LUNC has climbed 8% higher during the past 24 hours and the […]

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