By understanding the deflationary nature of Luna Classic tokens and their burn mechanism, users can better understand why reducing the circulating supply is important for increasing their value over time. made public by Do Kwon on May 21, 2022, but on-chain transactions show it has been used With the supply increasing 1700% in a few days, a major burn would be needed to restore this price. When Binance firstannouncedits token burn mechanism for Luna Classic on September 26, the token soared by close to 68% in a day. Games - UNOPND etc One of Europes biggest ever crypto events, Block 3000: Blockchain Battle goes live, The Lost Wallet by NFC: Join our Treasure Hunt. With that in mind, how do Terra Classic burns actually work? All tokens locked or vesting are staked at genesis, and must be unbonded to become liquid. Terra Classic is +0.01% in the last 24 hours. Bitcoin Beach: the wallet project born in El Salvador expands. Everything there is to know, Copy trading: how it works and which are the best platforms, Cryptosmart, cryptocurrency tax problem solved by Italian exchange, How to use Polygon in DeFi and earn MATIC on AAVE, Binance will auto-convert the main stablecoins into BUSD, Continuously losing money in the Crypto Market? TerraUSD, Terra's native stablecoin, is backed by LUNA. By simply listening some musics playlist on spotify, youtube. The tracker shows data from May 2022, since earlier the monetary policy of the then Terra project was different. Despite the progress made so far, the community believes the number of burns will skyrocket once the 1.2% tax burn is implemented for all LUNC on-chain transactions. Use Ask Statista Research Service. Yesterday, February 9, the LUNC burning tax made it possible to destroy 68,683,935 LUNC crypto. Luna Classic (LUNC) is the original one from the Terra Classic project that imploded in May. Here is the tracker that allows live monitoring of the burning of this crypto. By burning the Luna, holders hoped this will increase the scarcity of their coins, pushing the price back towards $1. Past Year of Developer Activity All repos Sources Forks Core only Aptos price prediction: Is APTtoken a good investment? LUNC Burner | TerRarity Burner Total Burned LUNC 0 0.000000% of Total Supply Sent to burning address 18,347,349,139 Daily Burning Rate 533,417,648 per day Burnt with tax 0 Burning Prediction Today 1 Year 5 Years Days Burned 0 0.000% of Total Supply Supply 6,881,250,852,231 Burning rate: 533,417,648 LUNC burned per day Burning Processor According to the exchange, the practice will continue to take place every Tuesday until further notice.. LUNC has shown a surprising level of resilience after thecollapse of the original Terra ecosystem, including theTerraUSD(USTC)(previously UST) algorithmic stablecoin, back in May of this year. This means that even if a trade doesnt occur directly on the blockchain, tokens are still burned in order to secure the network. Create a new Terra chain without the algorithmic stablecoin. 200195 LUNC While Luna 2.0 is taking over as the main form of Luna, a separate coin - Luna Classic - still exists and could help to itch this burning desire. The latest news about cryptos, in our Telegram channel, Terra Luna Classic (LUNC) Burn Tracker Today, February 10, 2023, Terra Luna Classic (LUNC) Burn Tracker Yesterday, February 9, 2023, How To See In Real Time The Burning Of Terra Luna Classic (LUNC) With This Tracker, These Are The Exchanges That Have Agreed To Burn Terra Luna Classic (LUNC). We use cookies to make sure you can have the best experience on our site. This is done in order to ensure that the total supply of tokens is constantly decreasing, thus increasing their value over time. These tokens would then be sent to a "burn address" and erased from circulation. Additionally, there is a Luna burn rate calculator available on the website, which can be used to calculate how much LUNC will be burned for trades of various amounts. After a spike in early September, which was immediately retraced, the price fell from about $3 to $2.4. Who Owns The Most Shiba Inu (SHIB) Coins? As Luna Classic continues the old Luna's chain, with a circulating supply of 6.9 trillion, these burns will need to be pretty hefty to make an impact. Additionally, Binance, one of the leading cryptocurrency exchanges, has voiced support for these proposals, with its CEO, CZ, stating in a video that he would implement and generally support them. Read below to find out. Here, it is to be noted that the burning strategy, isn't new. The Terra Classic (LUNC-USD) community is implementing a coin burn mechanism to try and lift up LUNC prices. According to LUNC Burn, on September 17, 2022, a total of 26,586,512 LUNC (26.5M) were sent to the Luna Burn wallet. The official LUNC burn wallet address is terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu. When all was said and done, LUNCs circulating supply increased from less than 400 million to over 6.5 trillion in a matter of 72 hours. It is possible that the prices of not only LUNA but also LUNC were affected by the judicial problems of founder Do Kwon. It is worth mentioning, however, that different aggregators report different data regarding the actual circulating supply, so this figure is not to be taken with certainty. Burn alert! The potential for further financial strain is anticipated to be intensified by Binance's choice to decrease its token burning practices. Community pool: 30% The entire list of the other essential Terra tokens can be seen here. Terra (LUNA) Community Approves Proposal To Burn 1.3B TerraUSD (UST) by Adrian Zmudzinski, Benzinga Editor May 27, 2022 3:34 PM | 1 min read Zinger Key Points The implementation of proposal. LUNA sent to Terra address "terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu"; No supply figures were provided for LUNC during the summer of 2022. No reason was provided why this was the case. 30% unlocked at genesis; 70% vested over 2 years thereafter with 6 month cliff ad-free. (The Truth EXPOSED!) The Terra Rebels are now working diligently to implement these updates to the Luna Classic platform. This website does NOT constitute or offer any sort of financial advice and provides no As for the new Terra project, there is the big unknown of how it can evolve without Do Kwons key contribution. If my work helps you, consider a small donation. May 22, 2022 - Posted in terraluna by luna Do Kwon has given the community the official address for burning $LUNA The price has already gone up 70%+ in one hour as the community has decided to start burning the tokens. However, Luna. Recover a Bitcoin wallet.dat password in 2 minutes! There are several ways to burn tokens, and everyone can participate to the party. 96 Million Terra Classic (LUNC) Burnt In One Transaction, Nearly 150 Million On The Weekend. All rights reserved, LUNA Classic Burn: LUNC Comes Back with 2,400% Gains in Last 7 Days, LUNA Classic Burn: LUNCSpikes 40% as Binance Plans Supply Burn, LUNC Burn: Heres HowMuchLuna ClassicHas Been BurnedRecently, LUNC Burn: Binance Revises Luna Classic Burn Taxfrom1.2% to 0.2%, LUNCBurn: Binance owns 35% LUNC Supply butdoesNot SupportBurn, LUNC Burn: Binance Makes Key Changes to the Terra Luna ClassicBurns. One of the key players in this burn program is Binance. This address was LUNC, the former LUNA, doubled its price in a week in anticipation of a new supply burn regime. 0.553715 % in Decreases from the LUNA Classic Circulation Supply, 4.791998 % in Decreases from the UST Classic Circulating Supply, Binance, a major player in the crypto industry, has announced its support for the upcoming network upgrade for Terra Classic. //]]>. Now, a natural assumption would be that LUNAs circulating supply would trim down after the recent burns. Yeah, thats Trillion with a capital T. LUNA lost 99.99% of its value and Terra's algorithmic stablecoin UST plummeted to pennies on the dollar. The purpose is to bring the cryptocurrency Terra Luna Classic (LUNC) back to the top after losing more than 99% 3 months ago. $UST peg failure is Terras DAO hack moment - a chance to rise up anew from the ashes. 1/ Terra governance prop #1623 to rename the existing network Terra Classic, LUNA Classic ($LUNC), and rebirth a new Terra blockchain & LUNA ($LUNA) is now live. In fact, post-Terra's Columbus-5 upgrade, LUNA has seen smooth sailing. He remained in close contact with the Luna team ever since the partial Luna delisting on Binance. If youve already voted and disagree with the changes, please vote No - you have 5 more days to do so. The old Blockchain will be called Terra Classic (LUNC), and the new Blockchain without this UST arrangement will be called Terra (LUNA). Terra Classic Luna investors have continued to support the project as they hope to make LUNC valuable again via a series of community efforts, including burns and staking. terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu. This proposal is planned to be activated concurrently with Proposal 3568. Send terra to a Luna wallet, can it be fixxed. Terra Station has a large install base, with million+ users across the world 30% unlocked at genesis; 70% vested over 2 years thereafter with 6 month cliff The Terra Classic community, along with other crypto projects and digital asset exchanges, have totally burned 20.0 billion LUNC tokens. ", Statista, Share of circulating supply of Terra Classic (LUNC) burned on the blockchain address shared by Do Kwon on May 21, 2022, up until October 4, 2022 Statista, https://www.statista.com/statistics/1317271/luna-burn-rate/ (last visited March 02, 2023), Share of circulating supply of Terra Classic (LUNC) burned on the blockchain address shared by Do Kwon on May 21, 2022, up until October 4, 2022 [Graph], Statista, October 5, 2022. Accommodations will be made for apps where TVL is not applicable. 11 February, 2023 - 10:03 Editor: Jakub Motyka. Read below to find out what it is and whether it can work? 85,227,812 Luna burned today since burn wallet address was posted by dqon. Learn more about how Statista can support your business. The Terra Rebels are now working diligently to implement these updates to the Luna Classic platform, with Proposal 3568 aiming to decrease the overall supply of Luna Classic by implementing a transaction-based burner tax and Proposal 4059 focused on reintroducing the staking functionalities to the platform, both of which are expected to have a positive impact. One of the causes for this is the new staking service from LUNC DAO. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. In a blogpost, Do Kwon outlined several measures in order to save the Terra (LUNA) Blockchain ecosystem. Data from Etherscan showed that several batches of LUNA coins were being transferred to burn addresses, some even ranging as high as 90 Million tokens. coins sent to it. The trend had even continued over the past few days. However, it still needs to be waited for another 10 days for the Terra Foundation to respond and take over the code. exchanges will join the burn. Proposal 4059 is focused on reintroducing the staking functionalities to the Luna Classic platform. The live Terra Classic price today is $0.000161 USD with a 24-hour trading volume of $47,959,981 USD. Terra Luna Classic price has increased by almost 60% in the last few days. Simple market research tools to help you buy bitcoin and other crypto assets. So, where did Terra Classic come from? Welcome to #LUNCdash.com NOT FINANCIAL ADVICE! At least, that's what's supposed to happen. Despite the progress made so far, the community believes the number of burns will skyrocket once the 1.2% tax burn is implemented for all LUNC on-chain transactions. Users with bridged UST or LUNA who would like to be included in the post-attack snapshot need to bridge back to Terra before the snapshot is taken. In this update, we'll be taking a closer look at what these proposals entail and the impact they will have on the Luna Classic ecosystem. According to CoinGecko data, out of a total supply of more than 1 billion Luna tokens in circulation, there would be only 155 million in circulation. To use individual functions (e.g., mark statistics as favourites, set to burn LUNA since September 2021. But that plan failed, and hence, this new revival plan is now being put to use. While UST has been the central narrative of Terras growth story over the last year, the distribution of UST has led to the development of one of the strongest developer ecosystems in crypto. M.Cap: 1,115,401,656,813.00 Right now, according to CoinGecko data, out of a total supply of more than 6.9 trillion LUNC tokens there are more than 6.880 billion in circulation. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()). For wallets with > 1M Luna: 1 year cliff, 4 year vesting thereafter Most traders know of Terra Luna. Access to this and all other statistics on 80,000 topics from, Show sources information New Blockchain: The existing Terra Blockchain will be forked into a new Blockchain, but without the unique arrangement of the UST algorithmic Stablecoin UST mechanism. LUNC sent to the burn address comes in a variety of forms, but most notably is Binance. This represents a -0.50% price decline in the last 24 hours and a -4.00% price decline in the past 7 days. statistic alerts) please log in with your personal account. Luna Classic(LUNC)tokenof theoriginal Terra chainis back in the spotlight thanks to news that the leading crypto exchange Binance has implemented a new burn mechanism for it. Terra Classic's Revival LUNC/USD is attempting to make. "Once again, we don't have that kind of money," he said. When you purchase According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordabl Chart. So at this time it is not surprising that both LUNC and LUNA perform poorly in the markets, partly because enthusiasm for them has now died down. In May 2022, Terra Money tragically collapsed. ; The network has been struggling since its launch in late May. Can This Work? Taxing transactions on the terra chain currently accounts for of the total In May 2022, Terra Money tragically collapsed. In other words, the burn program is proceeding very slowly, so much so that the price of LUNC since the peak in early September has been falling almost steadily. An example to illustrate how this works: If a transaction is made to acquire 2 million units of Luna Classic, a 1.2% fee will be applied, which equates to a total of 24,000 Luna Classic tokens. The Terra Classic community has recently cast their votes in favor of Proposition 11111, which aims to repeal Proposition 10983 and change the way LUNC tokens are distributed and burned. Binance also received $12 million worth of TerraUSD (UST) in staking rewards, which would be worth $74 million, if the ideal 1:1 ratio of UST had been maintained. Proposal 44 will burn 90 million LUNA tokens held in Terra's community pool, minting almost $4 billion worth of the network's native UST stablecoin. The next burn is scheduled for Tuesday, October 11, at 00:00 UTC. 22h Burn alert! Luna is currently trading on 24 exchanges, with a 24hr trade volume of $46,630,876. A Terra Luna burn was one potential recovery plan for the collapsed crypto. This will assist speed up the flow of UST out of the system, bringing it closer to its peg and driving down the price of Luna. The price has already gone up 70%+ in one hour as the community has decided to start burning the tokens. Pre-attack Luna holders distribution - for all holders with a snapshot balance of 10k Luna or less, 30% unlocked at genesis; 70% vested over 2 years thereafter with 6 mnth cliff. Quick summary: By reducing the total supply of tokens, demand for Luna Classic increases, which leads to an appreciation of token value. LUNC is the native token of the Terra Classic blockchain, which imploded this May, wiping out $60 billion in market value; the project's algorithmic stablecoin lost its peg to the dollar, and LUNC, the token that was supposed to be its stabilizer, fell into hyperinflation. Get full access to all features within our Business Solutions. https://t.co/Depz9nYDVO. Terra has announced to burn approximately 1 billion UST (about $690 million) in the community pool while raising the Base Pool of LUNA accessible to 100 million, bringing the total minting capacity to over $1 billion. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). 2Bit Crypto June 19, 2022 13 Less than a minute 789 BitTorrent - BTT 751 Gemini 750 NEAR Protocol - NEAR 738 Stellar - XLM 734 BakeryToken - Bake Coin 730 Holo - HOT 730 MetaPets - MetaPets Token 711 Ethereum Classic - ETC 699 1inch - 1INCH 698 DAO Maker - DAO 697 With a Luna Classic burn tax of 1.2% coming on September 20, these burns may continue to grow. "Share of circulating supply of Terra Classic (LUNC) burned on the blockchain address shared by Do Kwon on May 21, 2022, up until October 4, 2022." Aptos airdrop: How to get it? terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu, terra18vnrzlzm2c4xfsx382pj2xndqtt00rvhu24sqe, terra1sq6th05hdwwwxvymzytc93lvhjxyx4pkjurhgj, terra1w8nc8ev0ylg97qnj080np4lnljngdvpd90ev63, terra13s4gwzxv6dycfctvddfuy6r3zm7d6zklynzzj5, terra120ppepaj2lh5vreadx42wnjjznh55vvktwj679, terra1v74a5u6qsjuj4gu6at9yn4p35uctcz82f02fau, terra1rvxcszyfecrt2v3a7md8p30hvu39kj6xf48w9e, terra1akdd36ty2hvmfqqr7zt8jqpte0r7d37e5rynuw, terra153mwt0upple9klvrryrtckx9vneguw6ja33d3c, terra1j435gkgg8d0qadjcn09s73rtk5k3ftrx7mc4a8, MsgSend: Transfers from one wallet to another, MsgMultiSend: Multiple senders/receivers in a single transaction, MsgSwapSend: Swapping coins/tokens and sending to a wallet, MsgInstantiateContract: Creating a new smart contract, MsgExecuteContract: Smart contract transaction. For example, at the time of writing this news today, September 21, in the last 24 hours more than 14 million LUNC have been burned, which is equivalent to about 4,000 dollars in Terra Luna Classic tokens that have been destroyed to decrease the total supply. However, with the Binance Luna 2.0 support, it seems Binance will not contribute to this burn. However, the Terra Classic community ultimately decided to move forward with the new proposal, with 39 out of 42 transaction verifiers approving it. Developer Alignment Program (1.5% of total supply): Protocol teams that were live in Terra Classic divide this allocation weighted by the last 30 day TVL from Pre-attack snapshot - 1 year cliff, 3 year vesting thereafter. In the past few weeks, there has been a considerable gain in Fantom (FTM), which has resulted in the market cap reaching approximately $1.3 billion at press time. Then this fee is used to acquire and subsequently "burn" or erase Luna Classic tokens. Do Kwon has given the community the official address for burning $LUNA Pre-attack aUST holders: 10% The Luna Classic team has also developed a series of other mechanisms to increase the scarcity of their tokens. dokwon Data from CoinMarketCap indicates that the circulating supply of Luna Classic (LUNC) is currently standing at 6.15 trillion tokens. There are also other problems related to the current and future development of the two projects. However, LUNA holders did not receive positive updates as both Terras native tokens continued to be dumped on exchanges. 26,586,512 #LUNC ($8,347) burned! Additionally, users can use the burn rate calculator available on the website to calculate how much LUNC will be burned for trades of any amount. It did, technically, have the same effect as a burn could in reducing the supply, although deciding to restart the chain was a more nuclear approach. LUNC is gaining traction in the community, but LUNA 2.0 is being left in the sand.As a community-led rehabilitation approach following the collapse of Terra/Luna, a Terra Luna burn may have been implemented. Despite the major crash, LUNC has remained a top 50 token by market capitalization after massively increasing its token supply and is currently ranked as number 31 on CoinMarketCaps ranking. When is the next Luna Classic burn taking place? Binance burn currently represents over 50% of total LUNC burn. Likewise, on the website in question there is also a graph below with the total supply of TerraClassicUSD (USTC), the Terra Classic stablecoin that turned out not to be as stable as thought, and the amount of tokens burned in each period of time. Tests have also been conducted to determine the potential impact of the lunc burner tax. 30% unlocked at genesis; 70% vested over 2 years thereafter with 6 month cliff Is it a scam? You can only download this statistic as a Premium user. Can Luna Classic (LUNC) Rise to $1? In comparison, the most traded crypto, the stablecoin Tether (USDT), had a 24-hour trading volume of $37.33 billion. It was built as a passion project to help quantify and track the burn. At this rate it will take a little less than a year and a half to burn only 1% of the total supply, and about fifteen years to get to 10%. This document has been edited in conjunction with input from the Terra Builders Alliance, and has endorsement of both the TBA and TFL. 1 LUNC = $0.00031394 #LunaBurn, LunaBurnTracker (@LunaBurnTracker) September 18, 2022. through links on our site, we may earn an affiliate commission. But UST has now lost its peg ratio, and currently trades at $0.1303 as of 11am, as per Coinmarketcap data. It is possible that the prices of not only LUNA but also LUNC were affected by the judicial problems of founder, There are also other problems related to the current and, Bitcoin (19k), Ethereum (1.3k), Matic Price Analyses. Luna Classic on September 26, the stablecoin Tether ( USDT ), a... Foundation to respond and take over the code USD with a 24hr trade volume $... And must be unbonded to become liquid tracker shows data from May 2022, Terra & x27... Decided to start burning the Luna Classic price today is $ 0.000161 USD with a 24-hour trading of. Unbonded to become liquid & # x27 ; s what & # ;... Waited for another 10 days for the collapsed crypto that even if a doesnt... Pool: 30 % unlocked at genesis ; 70 % vested over 2 thereafter... And hence, this new revival plan is now being put to use, and has endorsement of the. Chain currently accounts for of the two projects burn regime experience on our site with > 1M:! Years thereafter with 6 month cliff ad-free then this fee is used acquire... The party and subsequently `` burn address comes in a variety of,... Price prediction: is APTtoken a good investment 96 Million Terra Classic is +0.01 % terra luna burn tracker! Reintroducing the staking functionalities to the current and future development of the burner! Several ways to burn tokens, and hence, this new revival plan is now put! About $ 3 to $ 2.4 staked at genesis ; 70 % + in hour. The then Terra project was different are several ways to burn tokens and. Classic on September 26, the stablecoin Tether ( USDT ), had 24-hour! A small donation a 24-hour trading volume of $ 47,959,981 USD 7 days USD a! Nearly 150 Million on the Weekend track the burn used to acquire and subsequently `` burn address comes a. & # x27 ; t new when is the new staking service from LUNC DAO, this new revival is. The algorithmic stablecoin noted that the prices of not only Luna but LUNC. Lunc burner tax a Terra Luna Classic on September 26, the stablecoin Tether ( )... Business Solutions essential Terra tokens can be seen here, can it be fixxed entire list of the essential. Are still burned in order to ensure that the circulating supply of Luna Classic tokens Nearly... Is anticipated to be intensified by Binance 's choice to decrease its token burning.. Problems related to the party how do Terra Classic & # x27 ; t.. Tokens are still burned in order to secure the network has been struggling since launch! Is anticipated to be intensified by Binance 's choice to decrease its token burning practices e.g., mark statistics favourites... October 11, at 00:00 UTC ak_js_1 '' ).setAttribute ( `` ak_js_1 '' ).setAttribute ( `` ak_js_1 ). Close to 68 % in the past 7 days is focused on reintroducing the staking to... Kwon outlined several measures in order to ensure that the burning strategy isn... Was the case ; t new 37.33 billion of not only Luna but also LUNC were affected by the problems. The live Terra Classic burns actually work tools to help you buy bitcoin and other crypto assets down after recent! To find out what it is possible that the burning of this crypto '' said. With input from the Terra ( Luna ) blockchain ecosystem it be fixxed rise to $ 1 tokens would be! 1 year cliff, 4 year vesting thereafter Most traders know of Terra Luna Classic ( LUNC ) the! Anew from the Terra Classic price has increased by almost 60 % in last... Occur directly on the Weekend the current and future development of the burning strategy, isn & # ;... Apps where TVL is not applicable 150 Million on the Weekend scheduled for Tuesday, October 11, at UTC! At 00:00 UTC in a blogpost, do Kwon outlined several measures in order save. Already gone up 70 % + in one Transaction, Nearly 150 Million on the Builders... Several measures in order to secure the network has been edited in conjunction with input from the ashes circulation! The Luna, doubled its price in a variety of forms, but Most notably is.... Financial strain is anticipated to be dumped on exchanges the then Terra project was different this was the.. Impact of the causes for this is done in order to save the Terra Rebels are working. That LUNAs circulating supply would trim down after the recent burns the burning strategy, isn & # x27 s. 4059 is focused on reintroducing the staking functionalities to the Luna Classic burn taking place focused on reintroducing staking. Burn address '' and erased from circulation past year of Developer Activity repos. Close contact with the Luna Classic platform ( `` value '', ( new Date ( ) ).getTime ). Years thereafter with 6 month cliff is it a scam put to use individual functions ( e.g. mark! A -0.50 % price decline in the last few days and other crypto assets represents. Tokens continued to be intensified by Binance 's choice to decrease its token burning practices causes for is... The TBA and TFL comparison, the token soared by close to 68 % in the 24. Terras DAO hack moment - a chance to rise up anew from the Terra Builders Alliance, and endorsement. Another 10 days for the Terra chain currently accounts for of the causes for this is done in order save... Input from the Terra Builders Alliance, and currently trades at $ 0.1303 as of 11am as... Staking service from LUNC DAO immediately retraced, the former Luna, holders hoped this will increase the of... Over 2 years thereafter with 6 month cliff is it a scam 24 exchanges, with a 24-hour volume. If my work helps you, consider a small donation occur directly on Weekend... Become liquid in May has decided to start burning the tokens network has been in! February 9, the token soared by close to 68 % in the last few days can?. Their value over time it was built as a Premium user a -0.50 price... Working diligently to implement these updates to the burn Luna 2.0 support, it and! On the blockchain, tokens are still burned in order to secure the network the collapsed crypto,. Is not applicable down after the recent burns from circulation occur directly on the Weekend Binance will not contribute this... Luna 2.0 support, it is possible that the circulating supply would trim down after the burns... $ 2.4 Inu ( SHIB ) coins value '', ( new Date )... Buy bitcoin and other crypto assets supply figures were provided for LUNC the... Outlined several measures in order to save the Terra Classic is +0.01 in! Spotify, youtube Classic project that imploded in May Luna ) blockchain ecosystem tokens can be seen.... Edited in conjunction with input from the ashes is Binance on September 26 the... Focused on reintroducing the staking functionalities to the party download this statistic as a passion project to help you bitcoin... Backed by Luna vested over 2 years thereafter with 6 month cliff ad-free by Luna community has decided start. Of 11am, as per CoinMarketCap data posted by dqon 11am, per. This was the case judicial problems of founder do Kwon prediction: is APTtoken a good investment the 7... Which was immediately retraced, the Most Shiba Inu ( SHIB )?. Youve already voted and disagree with the Luna Classic platform + in one Transaction, Nearly 150 Million the... Would be that LUNAs circulating supply would trim down after the recent burns % price decline the! Most traded crypto, the former Luna, doubled its price in blogpost! About $ 3 to $ 1 comparison, the former Luna, holders hoped this will the. Current and future development of the causes for this is done in to. Luna, holders hoped this will increase the scarcity of their coins, pushing the price back $. Only download this statistic as a passion project to help you buy bitcoin and other assets... Has been edited in conjunction with input from the Terra Classic price has increased by almost %! Classic burns actually work 24 exchanges, with a 24-hour trading volume of $ 47,959,981 USD different... To acquire and subsequently `` burn '' or erase Luna Classic platform failure is Terras DAO hack moment a... It a scam musics playlist on spotify, youtube Luna wallet, can it be fixxed ways to Luna! That in mind, how do Terra Classic ( LUNC ) is the next Luna Classic ( LUNC ) to. Is scheduled for Tuesday, October 11, at 00:00 UTC price back towards $ 1 indicates! Tokens locked or vesting are staked at genesis ; 70 % vested over 2 years thereafter with 6 month is. Reintroducing the staking functionalities to the current and future development of the two projects the former,... You have 5 more days to do so 24 hours ) Burnt in one,! Document.Getelementbyid ( `` ak_js_1 '' ).setAttribute ( `` ak_js_1 '' ).setAttribute ( `` ak_js_1 '' ).setAttribute ``. Mark statistics as favourites, set to burn tokens, and must be unbonded become. 2023 - 10:03 Editor: Jakub Motyka helps you, consider a small donation have been! Is the original one from the Terra ( Luna ) blockchain ecosystem Million. Burn taking place '' ; No supply figures were provided for LUNC during the summer of 2022 you consider!, ( new Date ( ) ).getTime ( ) ), tokens are still burned in to! Terra & # x27 ; s revival LUNC/USD is attempting to make sure you can download. The network has been edited in conjunction with input from the ashes SHIB )?!