Terra Classic presyoLUNC

Close to 20% of South Korea’s public officials have indicated that they own crypto. Moreover, as per recent government disclosures, much of their investments consist of altcoins such as Ripple’s XRP. This is based on data from the nation’s Ethics Committee, which compels officials to disclose their digital assets under the law of financial openness. Of 2,047 officials who filed financial disclosures, 411 said they own cryptocurrency, according to reports . Their total holdings are worth 14.4 billion won ($9.3 million). The disclosure system, put in place to increase transparency, requires public officials to include crypto assets in their disclosures along with conventional properties like real estate and stocks. Among the holders who revealed their digital assets, a Seoul City Council member, Kim Hye-young, is the biggest holder. His portfolio, which includes 16 various cryptocurrencies, is worth about 1.76 billion won ($1.1 million). Crypto investments also reach his family, with his wife owning Ethereum (ETH) and Dogecoin (DOGE), and his oldest son owning 3,336 XRP tokens. Seoul City Councilor Choi Min-gyu comes second as the second-largest owner, with his crypto holdings amounting to 1.62 billion won ($1 million). His holdings comprise 409,551 XRP, 9,402 Arbitrum (ARB), and 4,701 Cardano (ADA), reflecting a strong inclination toward altcoins. Kim Ki-hwan, CEO of Busan-Ulsan Expressway Co., Ltd, comes in third, with investments valued at 1.42 billion won ($969,000). In contrast to most of his fellow responders who are invested in widely recognized cryptocurrencies, his portfolio skews toward lesser-known altcoins such as 152,251 Terra Luna Classic (LUNC). He also holds 5,979 Challengedocs, 1,989 Horus Pays, and 2,989 EOS Blacks. Even though South Korea has a stringent regulatory strategy for digital assets, most of its officials are more inclined toward altcoins compared to Bitcoin (BTC). XRP is especially favored by government officials and their relatives, who mention it frequently in their disclosure reports. The token, linked to cross-border payments and banks, has been very popular among the country’s crypto community. This is the second year that South Korea has seen mandatory crypto asset reporting by public officials, as highlighted last week. It serves as a testament to the growing adoption of digital currencies in the nation’s financial system. The reports shed light on investment patterns among government officials and indicate wider adoption outside the retail trader and institution segments. Whilst, investors are eagerly waiting for XRP as the SEC prepares to officially withdraw its appeal of the programmatic sales ruling. If true, this action would be a significant legal win for XRP and potentially redefine its future in the cryptosphere. In the meantime, Ripple has also eliminated their cross-appeal, thus removing further regulatory roadblocks. This aside, XRP has not returned to its January high of $3.3999. However, it’s subject to change with increasing speculation regarding a U.S. XRP ETF, which would dramatically impact market forces, driving further demand, as mentioned in our last newspiece.

The voting request to compensate anonymous Terra Luna Classic developer for audit and security work in the LUNC ecosystem is live. A new proposal for voting is live in the Terra Luna Classic community Juris Protocol is sponsoring compensation for developer Frag for audit work in the community LUNC Price shows bullish trends but with intense volatility The Terra Luna Classic (LUNC) ecosystem is about to vote for another proposal. This time, the proposal made known on X by Juris Lunc Validator will seek to reward developers for ongoing work in the ecosystem. The new voting request hinges on ‘Frag’ ‘s direct contributions to Proposals 12165 and 12166 for providing essential audit work. The Latest Terra Luna Classic Proposal Beyond the audit tasks conducted by Frag, the developer also reportedly made development contributions to promote LUNC. Per the background offered, Proposal 12165 will introduce a model for a SubDAO system to boost the community’s say in the protocol’s governance. Proposal 12166 will help create a vesting mechanism for actual fund disbursement. The work done by Frag came in to ensure the security and integrity of the proposals upon implementation. The current proposal seeks to pay the developer 1,420 EUR, which will be paid in LUNC. To justify the move, the proposal’s sponsors noted that the Terra Luna Classic community thrives on fairness. In addition, the ecosystem needs to maintain its trust and integrity overall. As noted, the Proposal is up for voting with the community’s support solicited Terra Classic Community and Proposals Historically, the Terra Classic Community has not been as united as expected. Earlier this month, the SubDAO proposal was put to a vote to boost the ecosystem’s decentralization. Despite the intentions behind this move, a top validator flagged the LUNC proposal, noting it can cause the opposite of what is intended. The SubDAO Proposal was later vetoed, coming off as one of the demands passed via this route. This proposal has also drawn criticism from some community members, especially against top validator Vegas. Regarding the proposal, Vegas noted that he supports paying anyone who worked to advance the chain. He denied having any professional ties to Frag, the potential beneficiary of the proposal. LUNC Price Outlook Beyond the general market outlook, updates from the Terra Luna Classic ecosystem are known to impact the price of LUNC generally. At the time of writing, the coin was changing hands for $0.00006483, up by 1.2% in 24 hours. In an earlier LUNC burn update, the prospect of a price breakout came as the community crossed the 405 billion milestone. Terra Classic remains a very fragile project with a defined growth pathway. Since the collapse of the Terra protocol in May 2022, the attempt to restore LUNC and USTC has faced many strains overall. Despite this outlook, proponents believe LUNC to $0.01 in the long term is possible. $LUNC

Terra Luna Classic (LUNC) is once again in the spotlight a s the community votes on reclassifying TerraClassicUSD (USTC) from a stablecoin to a Universal Standard Token or a meme coin. This decision could have major implications for the broader Terra Classic ecosystem, influencing investor sentiment and market dynamics. Meanwhile, LUNC’s price action remains sluggish, struggling to break out of its consolidation phase. In this article, we analyze LUNC’s current market structure, key support and resistance levels, and the potential impact of the USTC reclassification vote. LUNC has been trading within a narrow range , showing signs of stability but lacking the bullish strength needed for a breakout. The current price hovers around $0.000063, with resistance forming near $0.000080. The Relative Strength Index (RSI) sits at 44.08, suggesting a neutral to slightly bearish momentum, meaning that LUNC is not oversold but still struggles to attract significant buying interest. The Moving Average Convergence Divergence (MACD) indicator shows a lack of strong bullish momentum, with the MACD line hovering close to the signal line. While the recent small uptick in histogram bars suggests slight bullish divergence, the price action remains weak overall. The proposal to reclassify USTC from a stablecoin to a meme coin or Universal Standard Token has sparked debate in the community. USTC has failed to maintain its peg since the Terra collapse in 2022, and instead of trying to restore its value to $1, the community is considering repositioning it to ensure continued exchange listings and regulatory compliance. If USTC is officially classified as a meme coin, it could attract speculative interest similar to Dogecoin and Shiba Inu. This move could also prevent delisting from major exchanges like Binance, which generates revenue for the Terra Classic ecosystem through transaction fees. However, critics argue that rebranding USTC as a meme coin could further erode confidence in the Terra Classic network. For LUNC , this decision could bring short-term volatility. If investors see the reclassification as a positive move, speculative buying could drive LUNC’s price upward. However, if the community remains divided or regulatory concerns increase, bearish pressure could push LUNC lower. LUNC is currently testing key support near $0.000062. If this level holds, we could see a potential bounce back toward $0.000080. However, if sellers dominate, a drop toward the next major support at $0.000050 is likely. A breach below this level could trigger a bearish trend reversal, pushing LUNC toward $0.000040 or lower. To confirm a bullish reversal, LUNC needs to break and sustain above $0.000080, followed by a push toward $0.000100. Strong volume support is crucial to validate any breakout, and traders should watch for increasing buying pressure before entering long positions. The upcoming USTC reclassification vote will play a crucial role in shaping LUNC’s future trajectory. If the proposal passes and is viewed positively, it could bring renewed speculative interest to the Terra LUNA Classic ecosystem. However, if skepticism prevails, LUNC could continue its downtrend, testing lower support levels. For now, traders should monitor price action near $0.000062 and watch for any breakout above $0.000080. As market sentiment evolves, LUNC’s price movement will likely be influenced by the outcome of the community vote and the broader cryptocurrency market trends.

加密货币圈最近热议：如果 #DoKwon 回归，会发生什么？ 如果 Do Kwon 带着许可和振兴 Terra 的靠谱计划回归，短期市场反应会像过山车一样疯狂。 消息一出，市场可能被兴奋情绪席卷，交易员因 FOMO疯狂买入，LUNA/USTC 价格可能飙升 500-1000%。 交易所可能重新上架代币，增加市场流动性。崩盘后以超低价买入大量代币的早期投资者，若价格涨到 0.01 - 0.10 美元，可能大赚一笔。 但崩盘前持有代币的人就没那么幸运了，供应量过度膨胀，他们很难挽回损失。 社区会兴奋，开发者可能重新对 Terra 感兴趣。但 Terra Classic（LUNC/USTC）和 Terra 2.0（LUNA）社区的分裂可能带来波动，市场因此难以预测。 随着市场持续变化，咱们得密切关注市场信号，抓住新的入场时机。点点关注，带你一起穿越牛市站稳市场抓住本轮大机会！ BNX CAKE BMT BNB

♥️🔥🚀💸LUNC (Luna Classic) is a project that is rapidly gaining popularity in the world of cryptocurrency. It is part of the Terra blockchain, which is a decentralized financial platform. The goal of the Terra blockchain is to create a stable and reliable digital currency system that can be used worldwide.🚀💸🔥♥️