LUNCs

Binance exchange requests 3 new wallets to be added to the White List to be exempt from the burn tax on the Terra Classic chain.

As you know; $LUNC and $USTC are subject to a 0.5% burn tax on on-chain transactions. Some wallets belonging to Binance exchange were whitelisted and exempted from the burn tax.

Binance exchange has applied to add 3 new wallets, the addresses of which are given below, to this list.

- terra1zphegzz94l3mr9w56yq6845wfcfllmrdn8xzyc
- terra15qvs2dzzydqt4ygfn0k0ertjnv8ctytggnx4ez
- terra1sepf0spaj969m59cgj3w3ch5udgf25qsx9cl2h

We see that there are more than 300 billion #LUNCs in wallets. We don't know why these wallets were not exempted before. Why these requests were made now? A vote will be held on the Terra Classic chain and a decision will be made on whether these wallets should be exempt from the burn tax.

Binance exchange has always stood by the Terra Classic community. The community will exempt the relevant wallets from the burn tax, taking this into account.

#TerraClassic

Terra Classic (LUNC) and USTC defy the odds, soaring in today's crypto market!

While the crypto market has been a rollercoaster ride lately, Terra Classic (LUNC) and its sister coin, USTC, are defying expectations with a surge in price today. This unexpected rally has left many scratching their heads, wondering what's causing the boost and what it could mean for the future of these controversial coins.

Let's unpack the surge:

LUNC, the original Terra Luna token, has climbed over 8% in the past 24 hours, reaching $0.000181 at the time of writing. This is a significant increase considering the coin's dramatic crash in May 2022 along with the algorithmic stablecoin UST.

USTC, the reborn UST peg, also saw a healthy bump of around 5%, currently hovering around $0.031. This is still far from its intended $1 peg, but the upward trend is certainly encouraging for USTC supporters.

Possible reasons for the surge:

Community initiatives: A dedicated community has been actively working on reviving the Terra Classic ecosystem through various initiatives like burning LUNC tokens and building new decentralized applications (dApps) on the Terra Classic chain. This renewed interest could be driving the price increase.

Market sentiment shift: The broader crypto market has shown signs of recovery in recent weeks, with Bitcoin and Ethereum both experiencing some upward movement. This positive sentiment could be spilling over to LUNC and USTC.

Technical factors: Some analysts believe the recent surge could be due to technical factors like short squeezes or algorithmic trading strategies.

However, it's important to remain cautious:

The crypto market is notoriously volatile, and this rally could be short-lived. Investors should be aware of the risks before making any investment decisions.

The long-term viability of LUNC and USTC is still uncertain. The ecosystem needs to overcome significant challenges before regaining widespread trust.

Regulatory scrutiny remains a concern, and any negative developments could negatively impact the price of these coins. DYOR.
#luncs
#USDC

Good afternoon everyone, I don't like soccer, but you know when you're super excited to cheer for your favorite team to win, sometimes you even cry or scream?? I'm almost like that with respect to $LUNC , looking at the perspective in BRL, there's only one zero left to reach R$0.01 (cent). Man, I believe that when that day comes to reach R$1.00 (real), it's right there, in other words, it's going to fly, it's going to be beautiful, by faith I can already see the sweet horizon of "financial independence" knocking on my door, just hold on to your #luncs and don't be lazy, be strong and courageous because soon the sun will rise, but for the patients! Let's all sit at the table, toast 🥂, laugh a lot and give lots of glory to God and be rich and be able to have a life that every non-ostentatious human being deserves❤️.