$BAKE is climbing from $0.11, targeting $0.50. $BTC and volume from $UNI UNI supports this bullish setup. Monitor resistance tests and candlestick patterns for entry signals.
š„ Binance Confirms Coordinated Attack Behind LUNA & UST Collapse ā Whatās Next for LUNC? up ee šØ In a shocking revelation, Binance has officially confirmed that the catastrophic collapse of Terraās LUNA token and its stablecoin, UST, was not due to internal flaws or mismanagementābut rather the result of a deliberate, coordinated attack. This exposes critical vulnerabilities in the crypto space and serves as a stark reminder of the importance of security and risk management in decentralized finance (DeFi). š ļø The Attack That Shook the Crypto World According to Binanceās investigation, LUNA and UST were targeted in a sophisticated market manipulation strategy, which led to their dramatic downfall. This wasnāt just a typical price crashāit was a well-planned assault exploiting key weaknesses in algorithmic stablecoins. š¹ Why does this matter? This event underscores how bad actors can manipulate crypto ecosystems, leading to massive financial losses and uncertainty š Bullish Scenario: With growing community support and potential ecosystem revival, LUNC could surge to $0.0005252 by the end of 2025. Factors ā Lack of institutional interest in Terra Classic. ā Regulatory crackdowns on algorithmic stablecoins. ā Declining trading volumes leading to lower liquidity. š Key Factors Influencing LUNCās Future š„ Market Recovery: A bullish crypto market could lift LUNC alongside other assets. š ļø Development & Upgrades: Ongoing improvements to the Terra Classic blockchain will be crucial. āļø Regulatory Environment: Increased oversight on stablecoins and DeFi could shape LUNCās fate. š¢ Final Thoughts ā Is LUNC a Comeback Story or a Cautionary Tale? LUNCās journey remains uncertain, but one thing is clearāthe crypto market never forgets, and every collapse holds a lesson. Investors should stay informed, assess risks, and follow key market developments before making any moves. š Will LUNC rise again, or is it destined to fade? Drop your thoughts below! š #LUNC#TerraClassic#CryptoNews#Binance#trading $LUNA