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🛎 BREAKING NEWS 🛎Terra Luna Classic (LUNC) Approaches 410 Billion Token Milestone Amidst Market Optimism Terra Luna Classic (LUNC) is nearing a significant milestone, with its circulating supply approaching 410 billion tokens.This development has sparked renewed interest in the cryptocurrency, particularly as the community intensifies its efforts to reduce the token supply through various burn mechanisms. Recent technical analyses indicate a bullish trend for $LUNC . The token has rebounded from a key support level at $0.000057, breaking above a descending trendline that had been in place since January. Additionally, LUNC has surpassed its 50-day moving average, with both the Awesome Oscillator and the MACD indicators showing bullish divergence. If this momentum continues, LUNC could target the next resistance level at $0.0001, representing a potential 60% gain from current levels. The LUNC community remains active in its efforts to reduce the token supply. Binance has resumed its burn program, contributing to a total of 113.3 billion LUNC tokens burned. Moreover, the implementation of the Tax2Gas upgrade has increased the burn rate per transaction from 0.5% to 1.5%, further accelerating the deflationary pressure on the token's supply. As of the latest data, LUNC is trading at approximately $0.000062, with a market capitalization nearing $1 billion.Analysts forecast that if the current burn initiatives and positive market sentiment persist, LUNC could see significant price appreciation in the coming months. Investors and community members are closely monitoring these developments, hopeful that the combined efforts will lead to a substantial recovery for Terra Luna Classic. #LUNAUpdate #BinancePizzaVN #BinanceExplorers #binanacepizza #TerraLunaClassic

🛎 BREAKING NEWS 🛎

Terra Luna Classic (LUNC) Approaches 410 Billion Token Milestone Amidst Market Optimism
Terra Luna Classic (LUNC) is nearing a significant milestone, with its circulating supply approaching 410 billion tokens.This development has sparked renewed interest in the cryptocurrency, particularly as the community intensifies its efforts to reduce the token supply through various burn mechanisms.
Recent technical analyses indicate a bullish trend for $LUNC . The token has rebounded from a key support level at $0.000057, breaking above a descending trendline that had been in place since January. Additionally, LUNC has surpassed its 50-day moving average, with both the Awesome Oscillator and the MACD indicators showing bullish divergence. If this momentum continues, LUNC could target the next resistance level at $0.0001, representing a potential 60% gain from current levels.
The LUNC community remains active in its efforts to reduce the token supply. Binance has resumed its burn program, contributing to a total of 113.3 billion LUNC tokens burned. Moreover, the implementation of the Tax2Gas upgrade has increased the burn rate per transaction from 0.5% to 1.5%, further accelerating the deflationary pressure on the token's supply.
As of the latest data, LUNC is trading at approximately $0.000062, with a market capitalization nearing $1 billion.Analysts forecast that if the current burn initiatives and positive market sentiment persist, LUNC could see significant price appreciation in the coming months.
Investors and community members are closely monitoring these developments, hopeful that the combined efforts will lead to a substantial recovery for Terra Luna Classic.
#LUNAUpdate #BinancePizzaVN #BinanceExplorers #binanacepizza #TerraLunaClassic
🌖 LUNC Price Braces For a 410 Billion Terra Luna Classic MilestoneThe $LUNC price has continued to consolidate this week as fans brace for a major 410 billion token burn milestone. #TerraLunaClassic was trading at $0.000061 on Friday, a few points below the weekly high of $0.000073. It has dropped by 64% from its highest point in December of last year. Terra Luna Classic Token Burn Nears 410 Billion Milestone Third-party data shows that over 409.4 billion Terra Luna Classic have been burned since inception. Since the weekly token burn is rising by over 304 million a week, the figure will cross the psychologically important 410 billion milestone either this month or in June. A token burn occurs when tokens are moved into an inaccessible address. The goal is usually to reduce the number of tokens in circulation and make the network deflationary. These burns also help boost holder value, especially in projects with staking features. The biggest #LUNC burner was #TerraformLabs , which has incinerated over 249 billion tokens since its inception. Most of these burns occurred during the bankruptcy process in 2024. #Binance has also been a major LUNC burner, incinerating over 72 billion. It does this by incinerating part of the fees that it collects monthly from the project. The other top burners are DFLUNC Protocol, LunaticsToken, and MEXC. Terra Luna Classic is what remains of the popular Terra Protocol, which collapsed in 2022 after its algorithmic stablecoin lost its peg, resulting in losses of over $40 billion for investors. After this collapse, LUNC became a community project as the team migrated to Terra 2.0. Buy and Trade $LUNC here {spot}(LUNCUSDT) #TrumpTariffs @wisegbevecryptonews9

🌖 LUNC Price Braces For a 410 Billion Terra Luna Classic Milestone

The $LUNC price has continued to consolidate this week as fans brace for a major 410 billion token burn milestone. #TerraLunaClassic was trading at $0.000061 on Friday, a few points below the weekly high of $0.000073. It has dropped by 64% from its highest point in December of last year.

Terra Luna Classic Token Burn Nears 410 Billion Milestone
Third-party data shows that over 409.4 billion Terra Luna Classic have been burned since inception. Since the weekly token burn is rising by over 304 million a week, the figure will cross the psychologically important 410 billion milestone either this month or in June.

A token burn occurs when tokens are moved into an inaccessible address. The goal is usually to reduce the number of tokens in circulation and make the network deflationary. These burns also help boost holder value, especially in projects with staking features.

The biggest #LUNC burner was #TerraformLabs , which has incinerated over 249 billion tokens since its inception. Most of these burns occurred during the bankruptcy process in 2024.

#Binance has also been a major LUNC burner, incinerating over 72 billion. It does this by incinerating part of the fees that it collects monthly from the project. The other top burners are DFLUNC Protocol, LunaticsToken, and MEXC.

Terra Luna Classic is what remains of the popular Terra Protocol, which collapsed in 2022 after its algorithmic stablecoin lost its peg, resulting in losses of over $40 billion for investors. After this collapse, LUNC became a community project as the team migrated to Terra 2.0.
Buy and Trade $LUNC here
#TrumpTariffs @WISE PUMPS
💥 LUNC (Terra Luna Classic): Povestea unui Zombie Crypto care Refuză să Moară„LUNC e ca un ex care-ți trimite mesaje la 3 AM cu ‘Hey, m-am schimbat, hai înapoi!’ — dar portofoliul tău știe prea bine că e aceiași dramă.” 📉 O Istorie de Groază: Cum a Ajuns LUNC să Valoreze Mai Puțin decât o Înghițitură de Cafea Lansat în 2019 ca parte a ecosistemului Terra, LUNC (atunci LUNA) era vedeta DeFi-ului, cu un ATH de $119 în 2022. Apoi, în mai 2022, algoritmul stablecoin-ului USTC s-a dezlănțuit, LUNC a pierdut 99.99999% din valoare, iar investitorii au rămas cu portofolii care arătau ca un meme trist: „1 LUNC = 1 LUNC”. - Rebranding dezastruos: După colaps, Terra a lansat un nou blockchain (LUNA 2.0), iar LUNC a devenit „clasic” — un fel de DVD-uri într-o lume de streaming . - Comunitatea disperată: A început să ardă tokenuri ca să reducă oferta (dar cu 6.5 trilioane în circulație, e ca și cum ai încerca să goliți oceanul cu un pahar) . 📈 Prețul în 2025: Între FOMO și FUD În mai 2025, LUNC se luptă să revină la $0.00007, după ce a atins $0.00007290 și a fost respins de rezistența Fibonacci . Analiștii sunt divizați: - Optimistii visează la +895% dacă rupe rezistența de $0.0002 . - Pesimiștii avertizează că un nou crash la $0.00002372 e posibil . - Realistii se întreabă: „De ce ai cumpăra LUNC când poți arde direct banii și economisești timpul?” Indicatori tehnici contradictorii: - RSI 59.88 (aproape de supra-cumpărare) . - MACD plat, sugerând pierdere de impuls . - Volum scăzut: $17M/zi — semn că majoritatea traderilor preferă să se uite la "Lion King" decât să speculeze pe LUNC . 🎢 Prognoze: De la „To the Moon” la „To the Sewer” | An | Preț Minim| Preț Maxim| Surprize| |-----|--------------|--------------|---------| | 2025 | $0.00002372 | $0.0004 | Un influencer postează „LUNC e noul Bitcoin” pe TikTok. | | 2030 | $0.0072 | $0.023 | Do Kwon iese din închisoare și tweetează „Oops” . | | 2040 | $2.06 | $3.19 | NASA anunță că a găsit LUNC pe Marte — literalmente . | | 2050 | $9.64 | $12.85 | LUNC devine monedă oficială într-un sat din Papua Noua Guinee . | Gluma obligatorie: Ce zice LUNC când îi spui „HODL”? „Am HODL-uit deja din 2022. Acum sunt doar un NPC într-un joc crypto.” ☠️ Riscuri care Transformă Investiția într-un Experiment Social 1. Supply-ul Infinit: 6.5 trilioane LUNC — suficiente pentru a da câte un token fiecărei celule din corpul uman . 2. Comunitatea Toxică: 50% HODL-eri cu sindrom Stockholm, 50% boti care postează „🚀🌕” . 3. Concurența Fantomă: Proiecte ca Solana sau Ethereum au utilitate. LUNC are… memes despre arderi . 4. Regulatorii: SEC-ul așteaptă să-l închidă pe Do Kwon ca să aibă subiect de podcast . 🧟 De ce Mai Există LUNC? - Nostalgia: Unii investitori își amintesc de vremurile când LUNA era mai valoros decât apartamentul lor. - Speculația ieftină: La $0.00007, poți cumpăra 1 milion de LUNC cu banii de un suc — perfect pentru flex-uri pe Twitter. - Cultul pierderilor: Comunitatea a transformat devalorizarea într-un sport extrem: *„Am pierdut 99%, dar măcar am 1% speranță!” 🃏 Concluzie: Cum Să Joci Jocul LUNC Fără Să Pierzi Mințile 1. Fii Realist: Dacă investești $100, pregătește-te să devii expert în coping mechanisms. 2. Folosește LUNC ca lecție: Arată-i nepoților tăi graficele ca să învețe ce să nu facă. 3. Distractie > Profit: Cumpără LUNC doar dacă vrei să simți adrenalina unei rulete rusești financiare. 👉 Gluma finală: Ce au în comun LUNC și un bilet de loterie? „Șansele de câștig sunt astronomice…doar dacă ai o mașină a timpului.” ⚠️ Avertizare: LUNC e ca un film de groază — te uiți pentru că e captivant, dar știi că vei regreta dimineața. $LUNC #LUNC #TerraLunaClassic #CryptoZombie

💥 LUNC (Terra Luna Classic): Povestea unui Zombie Crypto care Refuză să Moară

„LUNC e ca un ex care-ți trimite mesaje la 3 AM cu ‘Hey, m-am schimbat, hai înapoi!’ — dar portofoliul tău știe prea bine că e aceiași dramă.”

📉 O Istorie de Groază: Cum a Ajuns LUNC să Valoreze Mai Puțin decât o Înghițitură de Cafea
Lansat în 2019 ca parte a ecosistemului Terra, LUNC (atunci LUNA) era vedeta DeFi-ului, cu un ATH de $119 în 2022. Apoi, în mai 2022, algoritmul stablecoin-ului USTC s-a dezlănțuit, LUNC a pierdut 99.99999% din valoare, iar investitorii au rămas cu portofolii care arătau ca un meme trist: „1 LUNC = 1 LUNC”.
- Rebranding dezastruos: După colaps, Terra a lansat un nou blockchain (LUNA 2.0), iar LUNC a devenit „clasic” — un fel de DVD-uri într-o lume de streaming .
- Comunitatea disperată: A început să ardă tokenuri ca să reducă oferta (dar cu 6.5 trilioane în circulație, e ca și cum ai încerca să goliți oceanul cu un pahar) .

📈 Prețul în 2025: Între FOMO și FUD
În mai 2025, LUNC se luptă să revină la $0.00007, după ce a atins $0.00007290 și a fost respins de rezistența Fibonacci . Analiștii sunt divizați:
- Optimistii visează la +895% dacă rupe rezistența de $0.0002 .
- Pesimiștii avertizează că un nou crash la $0.00002372 e posibil .
- Realistii se întreabă: „De ce ai cumpăra LUNC când poți arde direct banii și economisești timpul?”

Indicatori tehnici contradictorii:
- RSI 59.88 (aproape de supra-cumpărare) .
- MACD plat, sugerând pierdere de impuls .
- Volum scăzut: $17M/zi — semn că majoritatea traderilor preferă să se uite la "Lion King" decât să speculeze pe LUNC .

🎢 Prognoze: De la „To the Moon” la „To the Sewer”
| An | Preț Minim| Preț Maxim| Surprize|
|-----|--------------|--------------|---------|
| 2025 | $0.00002372 | $0.0004 | Un influencer postează „LUNC e noul Bitcoin” pe TikTok. |
| 2030 | $0.0072 | $0.023 | Do Kwon iese din închisoare și tweetează „Oops” . |
| 2040 | $2.06 | $3.19 | NASA anunță că a găsit LUNC pe Marte — literalmente . |
| 2050 | $9.64 | $12.85 | LUNC devine monedă oficială într-un sat din Papua Noua Guinee . |

Gluma obligatorie: Ce zice LUNC când îi spui „HODL”?
„Am HODL-uit deja din 2022. Acum sunt doar un NPC într-un joc crypto.”

☠️ Riscuri care Transformă Investiția într-un Experiment Social
1. Supply-ul Infinit: 6.5 trilioane LUNC — suficiente pentru a da câte un token fiecărei celule din corpul uman .
2. Comunitatea Toxică: 50% HODL-eri cu sindrom Stockholm, 50% boti care postează „🚀🌕” .
3. Concurența Fantomă: Proiecte ca Solana sau Ethereum au utilitate. LUNC are… memes despre arderi .
4. Regulatorii: SEC-ul așteaptă să-l închidă pe Do Kwon ca să aibă subiect de podcast .

🧟 De ce Mai Există LUNC?
- Nostalgia: Unii investitori își amintesc de vremurile când LUNA era mai valoros decât apartamentul lor.
- Speculația ieftină: La $0.00007, poți cumpăra 1 milion de LUNC cu banii de un suc — perfect pentru flex-uri pe Twitter.
- Cultul pierderilor: Comunitatea a transformat devalorizarea într-un sport extrem: *„Am pierdut 99%, dar măcar am 1% speranță!”

🃏 Concluzie: Cum Să Joci Jocul LUNC Fără Să Pierzi Mințile
1. Fii Realist: Dacă investești $100, pregătește-te să devii expert în coping mechanisms.
2. Folosește LUNC ca lecție: Arată-i nepoților tăi graficele ca să învețe ce să nu facă.
3. Distractie > Profit: Cumpără LUNC doar dacă vrei să simți adrenalina unei rulete rusești financiare.

👉 Gluma finală: Ce au în comun LUNC și un bilet de loterie?
„Șansele de câștig sunt astronomice…doar dacă ai o mașină a timpului.”

⚠️ Avertizare: LUNC e ca un film de groază — te uiți pentru că e captivant, dar știi că vei regreta dimineața.

$LUNC #LUNC #TerraLunaClassic #CryptoZombie
لا ده احنا نشتري Lunc كده بقىخبر عاجل 🚨 تمت الموافقة على مجمع السيولة الجديد $USDC $LUNC على شبكة Terra Classic! السيولة قادمة، والحرق يشتعل! ترقبوا ارتفاعًا في حجم التداول، وزيادة غير مسبوقة في معدل الحرق! هل أنتم مستعدون للموجة القادمة؟ اشتركوا في Terra Classic وراقبوا الأسعار عن قرب. كل تداول الآن يُساهم في تقليص المعروض من ! # #TerraLunaClassic #Binance #CryptoNewss #BurnLUNC #LUNC✅

لا ده احنا نشتري Lunc كده بقى

خبر عاجل 🚨
تمت الموافقة على مجمع السيولة الجديد $USDC $LUNC على شبكة Terra Classic!
السيولة قادمة، والحرق يشتعل!
ترقبوا ارتفاعًا في حجم التداول، وزيادة غير مسبوقة في معدل الحرق!
هل أنتم مستعدون للموجة القادمة؟
اشتركوا في Terra Classic وراقبوا الأسعار عن قرب.
كل تداول الآن يُساهم في تقليص المعروض من !
# #TerraLunaClassic #Binance #CryptoNewss #BurnLUNC
#LUNC✅
Do not panic sell, i repeat do not panic sell👌 buy $LUNA you’re still early #TerraLunaClassic
Do not panic sell, i repeat do not panic sell👌 buy $LUNA you’re still early #TerraLunaClassic
Can LUNC reach $1 in 2025 Unlikely. As of now, LUNC is trading at around $0.000064. For it to hit $1, it would need a 15,000x surge—which most analysts consider nearly impossible without a massive supply burn or unprecedented adoption. Realistic 2025 targets? Average projections: $0.00016 – $0.00052 Optimistic outlier: Up to $0.00081 Extremely speculative cases (not widely accepted): $0.50+ Unless there's a game-changing catalyst, $1 in 2025 isn't realistic. Watch for ecosystem developments and burns, though—they could still push prices higher than today. #LUNC✅ #TerraLunaClassic #CryptoPatience
Can LUNC reach $1 in 2025

Unlikely. As of now, LUNC is trading at around $0.000064. For it to hit $1, it would need a 15,000x surge—which most analysts consider nearly impossible without a massive supply burn or unprecedented adoption.

Realistic 2025 targets?

Average projections: $0.00016 – $0.00052

Optimistic outlier: Up to $0.00081

Extremely speculative cases (not widely accepted): $0.50+

Unless there's a game-changing catalyst, $1 in 2025 isn't realistic. Watch for ecosystem developments and burns, though—they could still push prices higher than today.

#LUNC✅
#TerraLunaClassic
#CryptoPatience
🪙🪙🪙$LUNC 🪙🪙🪙 The dream of $1 can be true, no not 2025 or 2026 but I think in 3-5 years, we'll see LUNC definitely again at $1 or more, there are few facts why: - they reduce supply year by year drastically - they permanently burn - the #TerraClassicUpgrade works very hard and effective - huge community, many holders - #Binance supports the whole process, as example FTX and other crashed projects didn't get support... ...so I'm not shilling but there is a reason why they'll bring LUNC back to $1 or more and the reason is simple, LUNC is an awesome Ecosystem with less fees, very fast transactions and many companies they're involved in this project. My personal opinion, buy if u trust the project & process , hold and wait few years. Nobody knows if it will reach $1 but the chance is very, very high cause the huge potential of this project. Maybe the max. price in 2030 will be $0.1 or 0.5 but there is also a high chance for $1 up to $50, yes right - $50 is also possible. (In crypto nobody knows what happens next...) #Binance #TerraLunaClassic #LUNC✅ nfa - dyor - invest safe {spot}(LUNCUSDT) 2030 LUNC PRICE (your prediction):
🪙🪙🪙$LUNC 🪙🪙🪙

The dream of $1 can be true, no not 2025 or 2026 but I think in 3-5 years, we'll see LUNC definitely again at $1 or more, there are few facts why:

- they reduce supply year by year drastically
- they permanently burn
- the #TerraClassicUpgrade works very hard and effective
- huge community, many holders
- #Binance supports the whole process, as example FTX and other crashed projects didn't get support...

...so I'm not shilling but there is a reason why they'll bring LUNC back to $1 or more and the reason is simple, LUNC is an awesome Ecosystem with less fees, very fast transactions and many companies they're involved in this project.

My personal opinion, buy if u trust the project & process , hold and wait few years. Nobody knows if it will reach $1 but the chance is very, very high cause the huge potential of this project. Maybe the max. price in 2030 will be $0.1 or 0.5 but there is also a high chance for $1 up to $50, yes right - $50 is also possible.

(In crypto nobody knows what happens next...)

#Binance #TerraLunaClassic #LUNC✅

nfa - dyor - invest safe

2030 LUNC PRICE (your prediction):
0.01
31%
0.1
21%
1
24%
1 or more
24%
718 votes • Voting closed
Terra Luna Classic (LUNC) Price Prediction May 2025The Terra Classic (LUNC) price is currently trading near $0.0000707, attempting to stabilize after a vertical rally earlier in May. The token recently surged from the $0.00005600 zone to as high as $0.00007290, flipping key resistance zones and completing a symmetrical triangle breakout on both the 4-hour and daily charts. This Terra Classic (LUNC) price action aligns with a broader altcoin rally and is now approaching a crucial Fib resistance area, making the next few sessions pivotal for bulls. LUNC price movement (Source: TradingView) A clear breakout was confirmed above the $0.00006600–$0.00006800 supply zone, with the price tapping the 1.618 Fibonacci extension near $0.00007236 before facing resistance. However, this Terra Classic (LUNC) price spike is now showing early signs of exhaustion as price attempts to retest former breakout zones. LUNC Price Bullish Breakout Faces Exhaustion: What next for May? LUNC price movement (Source: TradingView) From a trend structure perspective, LUNC remains bullish in the short term. The 4-hour chart shows strong confluence between the rising trendline and horizontal support at $0.00006600, while the Bollinger Bands have expanded following the volatility spike. RSIon the same chart reads 59.88—hovering just below overbought levels, indicating a potential cool-off phase. MACD histogram on the 4-hour timeframe has flattened, with the signal and MACD lines beginning to converge, hinting at a potential momentum loss. Meanwhile, the Stoch RSI has crossed downward from overbought territory (currently at 77.95 and 80.30), further confirming slowing bullish pressure. LUNC price movement (Source: TradingView) The Ichimoku Cloud remains bullish with price trading above the cloud and Tenkan-sen, but the lagging Chikou span is approaching resistance from prior price structure—a possible drag if momentum wanes. LUNC price movement (Source: TradingView) Looking at the daily chart, the 1.618 Fib extension at $0.00007236 aligns as the next major upside ceiling, while the breakout zone around $0.00006650 is expected to act as the primary support. A clean break above $0.00007300 could open the gates to $0.00007800 and $0.00008100. However, failure to hold $0.00006650 would expose LUNC to a retest of $0.00006300 or even the rising base near $0.00006000. Why Terra Classic (LUNC) Price Going up Today? The surge in Terra Classic (LUNC) price today was largely driven by a sustained breakout from a months-long consolidation pattern. The recent bullish push coincided with higher volumes, consistent with the breakout from the descending triangle and horizontal congestion zones visible since late March. LUNC price movement (Source: TradingView) The EMAs (20/50/100/200) on the 4-hour chart show bullish alignment, with the 20-EMA ($0.00006899) acting as dynamic support. Moreover, the Terra Classic (LUNC) price update indicates that each pullback since May 10 has been bought aggressively, showing strength in the bullish base. Still, with most short-term indicators nearing overbought conditions, there is risk of near-term Terra Classic (LUNC) price volatility, especially if momentum slows further. May 2025 Outlook: Will Terra Classic Extend Toward $0.000080? LUNC price movement (Source: TradingView) For the remainder of May 2025, the Terra Classic (LUNC) price will likely remain volatile between $0.00006600 and $0.00007300, barring a macro catalyst. Should bulls defend the $0.00006600–$0.00006800 region and push price above $0.00007300, upside targets open up toward $0.00007800–$0.00008100. On the downside, any daily close below $0.00006300 would signal a trend reversal, risking deeper correction toward the $0.00006000 or $0.00005800 levels. The next few sessions will test whether this is a healthy consolidation above the breakout zone or a prelude to a deeper retracement. Traders should monitor MACD crossover strength and RSI divergence on the 4-hour chart for directional clues. Terra Classic (LUNC) PricePrediction: May 2025 Forecast Table #TerraLunaClassic $LUNC {spot}(LUNCUSDT)

Terra Luna Classic (LUNC) Price Prediction May 2025

The Terra Classic (LUNC) price is currently trading near $0.0000707, attempting to stabilize after a vertical rally earlier in May. The token recently surged from the $0.00005600 zone to as high as $0.00007290, flipping key resistance zones and completing a symmetrical triangle breakout on both the 4-hour and daily charts. This Terra Classic (LUNC) price action aligns with a broader altcoin rally and is now approaching a crucial Fib resistance area, making the next few sessions pivotal for bulls.

LUNC price movement (Source: TradingView)
A clear breakout was confirmed above the $0.00006600–$0.00006800 supply zone, with the price tapping the 1.618 Fibonacci extension near $0.00007236 before facing resistance. However, this Terra Classic (LUNC) price spike is now showing early signs of exhaustion as price attempts to retest former breakout zones.
LUNC Price Bullish Breakout Faces Exhaustion: What next for May?

LUNC price movement (Source: TradingView)
From a trend structure perspective, LUNC remains bullish in the short term. The 4-hour chart shows strong confluence between the rising trendline and horizontal support at $0.00006600, while the Bollinger Bands have expanded following the volatility spike. RSIon the same chart reads 59.88—hovering just below overbought levels, indicating a potential cool-off phase.
MACD histogram on the 4-hour timeframe has flattened, with the signal and MACD lines beginning to converge, hinting at a potential momentum loss. Meanwhile, the Stoch RSI has crossed downward from overbought territory (currently at 77.95 and 80.30), further confirming slowing bullish pressure.

LUNC price movement (Source: TradingView)
The Ichimoku Cloud remains bullish with price trading above the cloud and Tenkan-sen, but the lagging Chikou span is approaching resistance from prior price structure—a possible drag if momentum wanes.

LUNC price movement (Source: TradingView)
Looking at the daily chart, the 1.618 Fib extension at $0.00007236 aligns as the next major upside ceiling, while the breakout zone around $0.00006650 is expected to act as the primary support. A clean break above $0.00007300 could open the gates to $0.00007800 and $0.00008100. However, failure to hold $0.00006650 would expose LUNC to a retest of $0.00006300 or even the rising base near $0.00006000.
Why Terra Classic (LUNC) Price Going up Today?
The surge in Terra Classic (LUNC) price today was largely driven by a sustained breakout from a months-long consolidation pattern. The recent bullish push coincided with higher volumes, consistent with the breakout from the descending triangle and horizontal congestion zones visible since late March.

LUNC price movement (Source: TradingView)
The EMAs (20/50/100/200) on the 4-hour chart show bullish alignment, with the 20-EMA ($0.00006899) acting as dynamic support. Moreover, the Terra Classic (LUNC) price update indicates that each pullback since May 10 has been bought aggressively, showing strength in the bullish base.
Still, with most short-term indicators nearing overbought conditions, there is risk of near-term Terra Classic (LUNC) price volatility, especially if momentum slows further.
May 2025 Outlook: Will Terra Classic Extend Toward $0.000080?

LUNC price movement (Source: TradingView)
For the remainder of May 2025, the Terra Classic (LUNC) price will likely remain volatile between $0.00006600 and $0.00007300, barring a macro catalyst. Should bulls defend the $0.00006600–$0.00006800 region and push price above $0.00007300, upside targets open up toward $0.00007800–$0.00008100. On the downside, any daily close below $0.00006300 would signal a trend reversal, risking deeper correction toward the $0.00006000 or $0.00005800 levels.
The next few sessions will test whether this is a healthy consolidation above the breakout zone or a prelude to a deeper retracement. Traders should monitor MACD crossover strength and RSI divergence on the 4-hour chart for directional clues.
Terra Classic (LUNC) PricePrediction: May 2025 Forecast Table

#TerraLunaClassic
$LUNC
DeepSeek’s Analysis of LUNC: Can It Reach $1?$LUNC {spot}(LUNCUSDT) The possibility of Terra Luna Classic (LUNC) hitting $1 remains highly unlikely, given its current market structure and economic constraints. However, understanding the key factors influencing its growth can provide insight into its potential future trajectory. LUNC’s Current Market Standing 🔹 Price Range (2023–2024): LUNC fluctuates between $0.0001–$0.0002. 🔹 Market Capitalization: Estimated between $700 million and $1 billion, with a total circulating supply of 6 trillion tokens. 🔹 Trust & Development: Following Terra’s collapse in 2022, investor confidence took a hit. However, the community continues to push for ecosystem revival, implementing burn mechanisms and governance improvements. What Would It Take for LUNC to Reach $1? 1️⃣ Market Capitalization Constraints With 6 trillion LUNC in circulation, reaching $1 per token would require a $6 trillion market cap—exceeding the total valuation of the entire crypto market (~$1–$2 trillion in 2024). Even if 99% of the supply were burned, leaving 60 billion LUNC, a valuation of $60 billion would still be required, placing it alongside Ethereum or Binance Coin—a highly ambitious target. 2️⃣ Burning Mechanisms & Supply Reduction Although the LUNC community has introduced burning mechanisms (such as a 0.5% transaction tax), the burn rate remains slow—with just 100 billion tokens removed in a year. At this pace, reducing supply to a meaningful level could take decades, making a price surge to $1 highly improbable without aggressive intervention. 3️⃣ Restoring Trust & Ecosystem Growth LUNC’s revival depends on real-world adoption, partnerships, and technological development. Currently, LUNC functions more as a speculative asset rather than a blockchain with tangible use cases. Potential Scenarios for a LUNC Price Surge ✅ Major Institutional Adoption – If LUNC secures integration into a global financial system or attracts significant industry partnerships, a surge in demand could drive growth. ✅ Drastic Supply Reduction – A collective effort by exchanges and validators to burn 90%+ of the supply could significantly impact price levels. ✅ Macroeconomic Shifts – In extreme cases of fiat currency instability or hyperinflation, crypto assets—including LUNC—could gain speculative value. Expert Predictions & Investment Considerations Most analysts agree that a $1 valuation remains highly unrealistic. Forecasts for 2025–2030 suggest a more modest target of $0.001–$0.01, implying a 10x–100x potential upside if key developments materialize. 💡 Key Takeaways: ✔️ High-Risk Investment – LUNC remains a speculative asset with unpredictable price action. ✔️ Diversification is Crucial – Investors should explore projects with stronger fundamentals alongside speculative plays. ✔️ Monitor Market Trends – Keeping track of burning progress, ecosystem expansion, and broader crypto sentiment is essential. Final Verdict While the mathematical and economic barriers make a $1 price highly improbable, crypto markets have historically delivered surprises. Keeping a close eye on LUNC’s developments and potential catalysts will be essential for anyone considering exposure to the asset. 🔹 #LUNC #TerraLunaClassic #CryptoAnalysis #AltcoinPotential #BlockchainRevival 🚀

DeepSeek’s Analysis of LUNC: Can It Reach $1?

$LUNC

The possibility of Terra Luna Classic (LUNC) hitting $1 remains highly unlikely, given its current market structure and economic constraints. However, understanding the key factors influencing its growth can provide insight into its potential future trajectory.
LUNC’s Current Market Standing
🔹 Price Range (2023–2024): LUNC fluctuates between $0.0001–$0.0002.
🔹 Market Capitalization: Estimated between $700 million and $1 billion, with a total circulating supply of 6 trillion tokens.
🔹 Trust & Development: Following Terra’s collapse in 2022, investor confidence took a hit. However, the community continues to push for ecosystem revival, implementing burn mechanisms and governance improvements.
What Would It Take for LUNC to Reach $1?
1️⃣ Market Capitalization Constraints
With 6 trillion LUNC in circulation, reaching $1 per token would require a $6 trillion market cap—exceeding the total valuation of the entire crypto market (~$1–$2 trillion in 2024).
Even if 99% of the supply were burned, leaving 60 billion LUNC, a valuation of $60 billion would still be required, placing it alongside Ethereum or Binance Coin—a highly ambitious target.
2️⃣ Burning Mechanisms & Supply Reduction
Although the LUNC community has introduced burning mechanisms (such as a 0.5% transaction tax), the burn rate remains slow—with just 100 billion tokens removed in a year.
At this pace, reducing supply to a meaningful level could take decades, making a price surge to $1 highly improbable without aggressive intervention.
3️⃣ Restoring Trust & Ecosystem Growth
LUNC’s revival depends on real-world adoption, partnerships, and technological development.
Currently, LUNC functions more as a speculative asset rather than a blockchain with tangible use cases.
Potential Scenarios for a LUNC Price Surge
✅ Major Institutional Adoption – If LUNC secures integration into a global financial system or attracts significant industry partnerships, a surge in demand could drive growth.
✅ Drastic Supply Reduction – A collective effort by exchanges and validators to burn 90%+ of the supply could significantly impact price levels.
✅ Macroeconomic Shifts – In extreme cases of fiat currency instability or hyperinflation, crypto assets—including LUNC—could gain speculative value.
Expert Predictions & Investment Considerations
Most analysts agree that a $1 valuation remains highly unrealistic. Forecasts for 2025–2030 suggest a more modest target of $0.001–$0.01, implying a 10x–100x potential upside if key developments materialize.
💡 Key Takeaways:
✔️ High-Risk Investment – LUNC remains a speculative asset with unpredictable price action.
✔️ Diversification is Crucial – Investors should explore projects with stronger fundamentals alongside speculative plays.
✔️ Monitor Market Trends – Keeping track of burning progress, ecosystem expansion, and broader crypto sentiment is essential.
Final Verdict
While the mathematical and economic barriers make a $1 price highly improbable, crypto markets have historically delivered surprises. Keeping a close eye on LUNC’s developments and potential catalysts will be essential for anyone considering exposure to the asset.
🔹 #LUNC #TerraLunaClassic #CryptoAnalysis #AltcoinPotential
#BlockchainRevival 🚀
🌕 Could $LUNC Really Soar from $0.0001 to $0.1? Let’s Dive In! 🚀 A jaw-dropping 100,000% rally for Terra Luna Classic (LUNC) is the dream of many crypto enthusiasts. But how realistic is it? Let’s break it down: 🔍 Challenges on the LUNC Moonshot Path 1️⃣ Market Cap Realities: For LUNC to hit $0.1, its market cap would need to rival or exceed the entire global crypto market—an astronomical figure in the trillions of dollars. 2️⃣ Token Supply Dilemma: With trillions of LUNC in circulation, achieving such a price would demand unprecedented token burns. While burns can reduce supply, scaling to $0.1 would require coordinated efforts on a massive scale. 3️⃣ Market Dynamics: Crypto markets thrive on sentiment and momentum. LUNC’s future hinges on community support, roadmap execution, and broader market trends. ✨ The Path to Growth While reaching $0.1 might feel out of reach for now, incremental progress is possible with: ✅ Innovative Burn Mechanisms: Strategic token burns could help gradually reduce supply and stabilize prices over time. ✅ Global Partnerships: Collaborations with industry players could unlock new use cases and attract fresh investment. ✅ Community Engagement: The LUNC community has shown resilience, and grassroots support will be critical for long-term growth. 💡 Key Takeaways for Investors LUNC has demonstrated the ability to bounce back, but patience and realism are vital. A sustainable recovery depends on: Focused innovation Strategic planning Favorable market conditions 🌐 Want to stay ahead of LUNC’s journey? Track the latest updates and trade on Binance, your go-to platform for crypto insights and trading opportunities. #LUNC #TerraLunaClassic #CryptoPotential #BinanceTrading #CryptoInvesting
🌕 Could $LUNC Really Soar from $0.0001 to $0.1? Let’s Dive In! 🚀

A jaw-dropping 100,000% rally for Terra Luna Classic (LUNC) is the dream of many crypto enthusiasts. But how realistic is it? Let’s break it down:

🔍 Challenges on the LUNC Moonshot Path

1️⃣ Market Cap Realities:
For LUNC to hit $0.1, its market cap would need to rival or exceed the entire global crypto market—an astronomical figure in the trillions of dollars.

2️⃣ Token Supply Dilemma:
With trillions of LUNC in circulation, achieving such a price would demand unprecedented token burns. While burns can reduce supply, scaling to $0.1 would require coordinated efforts on a massive scale.

3️⃣ Market Dynamics:
Crypto markets thrive on sentiment and momentum. LUNC’s future hinges on community support, roadmap execution, and broader market trends.

✨ The Path to Growth

While reaching $0.1 might feel out of reach for now, incremental progress is possible with:

✅ Innovative Burn Mechanisms:
Strategic token burns could help gradually reduce supply and stabilize prices over time.

✅ Global Partnerships:
Collaborations with industry players could unlock new use cases and attract fresh investment.

✅ Community Engagement:
The LUNC community has shown resilience, and grassroots support will be critical for long-term growth.

💡 Key Takeaways for Investors

LUNC has demonstrated the ability to bounce back, but patience and realism are vital. A sustainable recovery depends on:

Focused innovation

Strategic planning

Favorable market conditions

🌐 Want to stay ahead of LUNC’s journey? Track the latest updates and trade on Binance, your go-to platform for crypto insights and trading opportunities.

#LUNC #TerraLunaClassic #CryptoPotential #BinanceTrading #CryptoInvesting
LUNC’s Path to $200 – The Countdown to Unprecedented Gains is On! 🚀 Terra Luna Classic ($LUNC) isLUNC’s Path to $200 – The Countdown to Unprecedented Gains is On! 🚀 Terra Luna Classic ($LUNC) is teetering on the edge of a historic breakout, with its sights set on an astronomical $200. The momentum behind this surge is nothing short of extraordinary. Here’s why $LUNC might soon redefine the crypto landscape: 🌟 Why LUNC is Poised for Explosive Growth: 1️⃣ Aggressive Token Burn: Billions of $LUNC tokens are being removed from circulation, drastically reducing supply and fueling strong upward price momentum. 🔥 2️⃣ Unwavering Community Support: The passionate $LUNC community is spearheading adoption and driving growth through innovations in DeFi, staking, and ecosystem enhancements. 💪 3️⃣ Whale and Institutional Interest: Significant price action has captured the attention of influential investors, setting the stage for a powerful price rally. 🐋 📈 How $200 Becomes a Reality: Accelerating Burn Rates: As the burn mechanism intensifies, the dwindling supply will act as a catalyst, propelling prices to unprecedented levels. Market-Wide Catalysts: A rally in the broader cryptocurrency market could amplify $LUNC’s rise, bringing $200 within striking distance. 🌍 Strategic Ecosystem Growth: Upcoming partnerships, blockchain enhancements, and ecosystem updates are laying the foundation for sustainable long-term gains. ⚠️ Key Indicators to Monitor: 1️⃣ Critical Resistance Levels: A breakout above $0.001950 could pave the way for exponential growth, setting $LUNC on the path to $200. 📊 2️⃣ Ecosystem Updates: Keep an eye on announcements from developers and the community that could spark increased buying interest. 🔔 3️⃣ Macro Market Trends: Watch Bitcoin and Ethereum movements closely, as broader market momentum could influence $LUNC’s trajectory. 💥 The Moment to Act is Now! $LUNC’s journey to $200 is shaping up to be one of the most exciting opportunities in the crypto market. Are you ready to seize the moment? The clock is ticking, and the chance to ride this wave won’t last forever! #LUNC #TerraLunaClassic #CryptoBreakout #AltcoinOpportunities #CryptoInvestingTips Disclaimer: This content is for informational purposes only and does not constitute financial advice. Conduct your research before investing.

LUNC’s Path to $200 – The Countdown to Unprecedented Gains is On! 🚀 Terra Luna Classic ($LUNC) is

LUNC’s Path to $200 – The Countdown to Unprecedented Gains is On!
🚀 Terra Luna Classic ($LUNC) is teetering on the edge of a historic breakout, with its sights set on an astronomical $200. The momentum behind this surge is nothing short of extraordinary. Here’s why $LUNC might soon redefine the crypto landscape:
🌟 Why LUNC is Poised for Explosive Growth:
1️⃣ Aggressive Token Burn: Billions of $LUNC tokens are being removed from circulation, drastically reducing supply and fueling strong upward price momentum. 🔥
2️⃣ Unwavering Community Support: The passionate $LUNC community is spearheading adoption and driving growth through innovations in DeFi, staking, and ecosystem enhancements. 💪
3️⃣ Whale and Institutional Interest: Significant price action has captured the attention of influential investors, setting the stage for a powerful price rally. 🐋
📈 How $200 Becomes a Reality:
Accelerating Burn Rates: As the burn mechanism intensifies, the dwindling supply will act as a catalyst, propelling prices to unprecedented levels.
Market-Wide Catalysts: A rally in the broader cryptocurrency market could amplify $LUNC’s rise, bringing $200 within striking distance. 🌍
Strategic Ecosystem Growth: Upcoming partnerships, blockchain enhancements, and ecosystem updates are laying the foundation for sustainable long-term gains.
⚠️ Key Indicators to Monitor:
1️⃣ Critical Resistance Levels: A breakout above $0.001950 could pave the way for exponential growth, setting $LUNC on the path to $200. 📊
2️⃣ Ecosystem Updates: Keep an eye on announcements from developers and the community that could spark increased buying interest. 🔔
3️⃣ Macro Market Trends: Watch Bitcoin and Ethereum movements closely, as broader market momentum could influence $LUNC’s trajectory.
💥 The Moment to Act is Now!
$LUNC’s journey to $200 is shaping up to be one of the most exciting opportunities in the crypto market. Are you ready to seize the moment? The clock is ticking, and the chance to ride this wave won’t last forever!
#LUNC #TerraLunaClassic #CryptoBreakout #AltcoinOpportunities #CryptoInvestingTips
Disclaimer: This content is for informational purposes only and does not constitute financial advice. Conduct your research before investing.
Terraform Labs perusahaan di balik token Luna dan stablecoin TerraUSD yang mengalami kegagalan, telah membuka portal klaim pada 31 Maret 2025 untuk memungkinkan para kreditur mengajukan klaim atas kerugian kripto yang terkait dengan kebangkrutan perusahaan. Portal ini, yang dikelola oleh Kroll Restructuring Administration, merupakan bagian dari proses likuidasi perusahaan yang diawasi oleh pengadilan. Kreditur memiliki waktu hingga 30 April 2025 pukul 23:59 Waktu Bagian Timur untuk mengajukan klaim melalui situs claims.terra.money. Untuk mengajukan klaim, kreditur harus mendaftar di portal dan memberikan bukti kepemilikan aset kripto mereka. Metode yang disarankan adalah menggunakan kunci API read-only dari bursa, yang dianggap lebih andal dibandingkan dengan tangkapan layar atau dokumen yang diunggah secara manual. Klaim yang diajukan dengan bukti manual mungkin menghadapi periode peninjauan yang lebih lama atau berisiko ditolak. Perlu dicatat bahwa tidak semua aset kripto memenuhi syarat untuk klaim. Aset dengan likuiditas on-chain kurang dari $100 dan beberapa aset lainnya, seperti Luna 2.0 pada Terra 2.0, tidak memenuhi syarat untuk kompensasi. Setelah pengajuan, kreditur akan menerima penentuan awal jumlah klaim mereka dalam waktu 90 hari setelah batas waktu pengajuan. Mereka akan memiliki opsi untuk menerima atau menolak hasil tersebut. Jika tidak ada sengketa, distribusi awal akan dimulai sesegera mungkin, dengan semua pembayaran dilakukan secara pro-rata. Langkah ini merupakan bagian dari upaya Terraform Labs untuk menyelesaikan proses kebangkrutan mereka setelah mencapai penyelesaian dengan Komisi Sekuritas dan Bursa AS (SEC) sebesar $4,47 miliar, yang disetujui oleh pengadilan pada September 2024. #TerraLunaClassic #BSCTradingTips #AmericanBitcoinLaunch #MarketPullback #BSCTrendingCoins
Terraform Labs

perusahaan di balik token Luna dan stablecoin TerraUSD yang mengalami kegagalan,
telah membuka portal klaim pada 31 Maret 2025 untuk memungkinkan para kreditur mengajukan klaim atas kerugian kripto yang terkait dengan kebangkrutan perusahaan. Portal ini, yang dikelola oleh Kroll

Restructuring Administration, merupakan bagian dari proses likuidasi perusahaan yang diawasi oleh pengadilan.
Kreditur memiliki waktu hingga 30 April 2025 pukul 23:59 Waktu
Bagian Timur untuk mengajukan klaim melalui situs claims.terra.money.

Untuk mengajukan klaim, kreditur harus mendaftar di portal dan memberikan bukti kepemilikan aset kripto mereka.
Metode yang disarankan adalah menggunakan kunci API read-only dari bursa, yang dianggap lebih andal dibandingkan dengan tangkapan layar atau dokumen yang diunggah secara manual.

Klaim yang diajukan dengan bukti manual mungkin menghadapi periode peninjauan yang lebih lama atau berisiko ditolak.

Perlu dicatat bahwa tidak semua aset kripto memenuhi syarat untuk klaim. Aset dengan likuiditas on-chain kurang dari $100 dan beberapa aset lainnya, seperti Luna 2.0 pada Terra 2.0, tidak memenuhi syarat untuk kompensasi.

Setelah pengajuan, kreditur akan menerima penentuan awal jumlah klaim mereka dalam waktu 90 hari setelah batas waktu pengajuan. Mereka akan memiliki opsi untuk menerima atau menolak hasil tersebut. Jika tidak ada sengketa, distribusi awal akan dimulai sesegera mungkin, dengan semua pembayaran dilakukan secara pro-rata.

Langkah ini merupakan bagian dari upaya Terraform Labs untuk menyelesaikan proses kebangkrutan mereka setelah mencapai penyelesaian dengan Komisi Sekuritas dan Bursa AS (SEC) sebesar $4,47 miliar, yang disetujui oleh pengadilan pada September 2024.

#TerraLunaClassic #BSCTradingTips #AmericanBitcoinLaunch #MarketPullback #BSCTrendingCoins
Can Terra Luna Classic ($LUNC) Stage a Comeback? Key Factors to WatchCurrently trading at $0.00010, Terra Luna Classic ($LUNC) is under significant pressure, marking its lowest price since December 2022. With a steep decline of 42% from its December high of $0.0001790, many are wondering what’s driving the downturn and what could spark a potential recovery for $LUNC. 🔥 Burn Activity Accelerates Since May 2022, over 397 billion $LUNC tokens have been burned, with burn rates recently picking up. Over the past week alone, 341 million tokens were burned, including a notable 686 million tokens burned on January 10. Binance has been a major contributor, responsible for burning nearly 70 billion tokens. These efforts aim to reduce the massive supply of 6.5 trillion $LUNC tokens, which could help drive value over time. 📈 Staking Participation Increasing Staking activity is also on the rise, with the staking ratio climbing to 15%, representing 981 billion $LUNC. This growth helps lower the circulating supply, reduces selling pressure, and signals long-term investor confidence in the token’s potential. 🛑 Challenges Remain Despite these positive trends, $LUNC still faces hurdles. The token recently broke through a critical support level at $0.0001054 and remains below its 50-day and 200-day moving averages, reflecting bearish sentiment. Broader struggles in the crypto market are further weighing on $LUNC’s price. 🚀 What Could Trigger a Recovery? For $LUNC to regain momentum, the following factors are essential: Continued token burns to further reduce supply. Increased adoption and utility within the Terra Classic ecosystem. A broader market recovery, particularly driven by Bitcoin and other altcoins. A key resistance level to watch is $0.0001054. A sustained improvement in market sentiment could prompt a retest of this level, offering hope for recovery. 📊 Conclusion While growing burn rates and rising staking activity are encouraging, $LUNC’s recovery depends on stronger demand and improved market sentiment. The $0.00010 level remains pivotal, and further developments will be crucial to monitor for investors and traders alike. #LUNC #TerraLunaClassic #CryptoRecovery #Burns #Staking

Can Terra Luna Classic ($LUNC) Stage a Comeback? Key Factors to Watch

Currently trading at $0.00010, Terra Luna Classic ($LUNC) is under significant pressure, marking its lowest price since December 2022. With a steep decline of 42% from its December high of $0.0001790, many are wondering what’s driving the downturn and what could spark a potential recovery for $LUNC.

🔥 Burn Activity Accelerates

Since May 2022, over 397 billion $LUNC tokens have been burned, with burn rates recently picking up. Over the past week alone, 341 million tokens were burned, including a notable 686 million tokens burned on January 10. Binance has been a major contributor, responsible for burning nearly 70 billion tokens. These efforts aim to reduce the massive supply of 6.5 trillion $LUNC tokens, which could help drive value over time.

📈 Staking Participation Increasing

Staking activity is also on the rise, with the staking ratio climbing to 15%, representing 981 billion $LUNC. This growth helps lower the circulating supply, reduces selling pressure, and signals long-term investor confidence in the token’s potential.

🛑 Challenges Remain

Despite these positive trends, $LUNC still faces hurdles. The token recently broke through a critical support level at $0.0001054 and remains below its 50-day and 200-day moving averages, reflecting bearish sentiment. Broader struggles in the crypto market are further weighing on $LUNC’s price.

🚀 What Could Trigger a Recovery?

For $LUNC to regain momentum, the following factors are essential:

Continued token burns to further reduce supply.

Increased adoption and utility within the Terra Classic ecosystem.

A broader market recovery, particularly driven by Bitcoin and other altcoins.

A key resistance level to watch is $0.0001054. A sustained improvement in market sentiment could prompt a retest of this level, offering hope for recovery.

📊 Conclusion

While growing burn rates and rising staking activity are encouraging, $LUNC’s recovery depends on stronger demand and improved market sentiment. The $0.00010 level remains pivotal, and further developments will be crucial to monitor for investors and traders alike.

#LUNC #TerraLunaClassic #CryptoRecovery #Burns #Staking
--
Bullish
Waiting for the new headline: $LUNC "CRASHES" from $1 to $0.1 ☺️ Who is buying #TerraLunaClassic with me 🕊️ Just hold tight and buy more 🚀 {spot}(LUNCUSDT)
Waiting for the new headline: $LUNC "CRASHES" from $1 to $0.1 ☺️

Who is buying #TerraLunaClassic with me 🕊️
Just hold tight and buy more 🚀
Do Kwon Pleads Not Guilty to US Charges Over Terra LUNA, UST CrashFreshly extradited from Montenegro, Terraform Labs co-founder Do Kwon pleaded not guilty to U.S. criminal charges over Terra's collapse. Alleged crypto crook Do Kwon pleaded pleaded not guilty in a New York court Thursday to U.S. criminal charges over the 2022 collapse of the Terra crypto ecosystem, following his extradition earlier this week from Montenegro. Feds hit the 33-year-old disgraced tech entrepreneur with nine criminal counts, including securities fraud, wire fraud, commodities fraud, and conspiracy to commit money laundering. He agreed Thursday to be held without bail before U.S. Magistrate Judge Robert Lehrburger, Inner City Press reported. Kwon founded Terra, a once-sizable crypto ecosystem with apps built around the LUNA token and the TerraUSD (UST) algorithmic stablecoin. The project was popular with investors, and rapidly grew to become the second-biggest blockchain in the sphere after Ethereum by early 2022. Its native cryptocurrency, LUNA, was in its prime as one of the top digital assets by market cap. Kwon made a lot of money, very quickly, and even mocked "poor" people on X (formerly known as Twitter). But Terra collapsed in May 2022, taking $40 billion of investors' money with it. The crash led to a brutal bear market, as many crypto projects with exposure to the project later declared bankruptcy. The project's main product, the UST stablecoin, couldn't keep its stable peg to the dollar, resulting in the entire ecosystem collapsing and losing nearly all of its value in a matter of days. How Terra's UST and LUNA Imploded Decrypting DeFi is Decrypt's DeFi email newsletter. Art: Grant Kempster Amid the craziest week in crypto ever, the collapse of Terra's UST stablecoin and governance token LUNA emerged as the biggest story. Amid the crash, LUNA, formerly a top 10 coin by market cap, fell 100% to fraction of a fraction of a cent, and UST, designed to stay pegged at $1, bottomed out at 13 cents. So what the hell happened? Grab your coffee, you're going to need it. There were several forces at work. The first is the... Authorities in both the U.S. and South Korea now allege that the entrepreneur was a scammer who conned investors into buying his cryptocurrency. "Behind the scenes, core Terraform products did not work as Kwon advertised, and were manipulated to create the illusion of a functioning and decentralized financial system in order to lure investors," Thursday's indictment reads. Kwon was arrested in Montenegro last year for allegedly attempting to travel on a fake passport. His lawyers kept him in the country until Tuesday, when he was finally extradited to the United States. $LUNC {spot}(LUNCUSDT) $USTC {spot}(USTCUSDT) #BinanceAlphaAlert #Binance250Million #LUNC✅ #USTC #TerraLunaClassic

Do Kwon Pleads Not Guilty to US Charges Over Terra LUNA, UST Crash

Freshly extradited from Montenegro, Terraform Labs co-founder Do Kwon pleaded not guilty to U.S. criminal charges over Terra's collapse.
Alleged crypto crook Do Kwon pleaded pleaded not guilty in a New York court Thursday to U.S. criminal charges over the 2022 collapse of the Terra crypto ecosystem, following his extradition earlier this week from Montenegro.
Feds hit the 33-year-old disgraced tech entrepreneur with nine criminal counts, including securities fraud, wire fraud, commodities fraud, and conspiracy to commit money laundering. He agreed Thursday to be held without bail before U.S. Magistrate Judge Robert Lehrburger, Inner City Press reported.
Kwon founded Terra, a once-sizable crypto ecosystem with apps built around the LUNA token and the TerraUSD (UST) algorithmic stablecoin. The project was popular with investors, and rapidly grew to become the second-biggest blockchain in the sphere after Ethereum by early 2022.

Its native cryptocurrency, LUNA, was in its prime as one of the top digital assets by market cap. Kwon made a lot of money, very quickly, and even mocked "poor" people on X (formerly known as Twitter).
But Terra collapsed in May 2022, taking $40 billion of investors' money with it. The crash led to a brutal bear market, as many crypto projects with exposure to the project later declared bankruptcy.
The project's main product, the UST stablecoin, couldn't keep its stable peg to the dollar, resulting in the entire ecosystem collapsing and losing nearly all of its value in a matter of days.

How Terra's UST and LUNA Imploded
Decrypting DeFi is Decrypt's DeFi email newsletter. Art: Grant Kempster Amid the craziest week in crypto ever, the collapse of Terra's UST stablecoin and governance token LUNA emerged as the biggest story. Amid the crash, LUNA, formerly a top 10 coin by market cap, fell 100% to fraction of a fraction of a cent, and UST, designed to stay pegged at $1, bottomed out at 13 cents. So what the hell happened? Grab your coffee, you're going to need it. There were several forces at work. The first is the...

Authorities in both the U.S. and South Korea now allege that the entrepreneur was a scammer who conned investors into buying his cryptocurrency.
"Behind the scenes, core Terraform products did not work as Kwon advertised, and were manipulated to create the illusion of a functioning and decentralized financial system in order to lure investors," Thursday's indictment reads.
Kwon was arrested in Montenegro last year for allegedly attempting to travel on a fake passport. His lawyers kept him in the country until Tuesday, when he was finally extradited to the United States.
$LUNC
$USTC
#BinanceAlphaAlert #Binance250Million #LUNC✅ #USTC #TerraLunaClassic
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