LUNA and LUNC rally as USTC burn proposal boosts market confidence with surging volumes and bullish sentiment.

LUNC News: Over 726 million USTC were burned after the Terra Luna Classic community approved proposal 12135 to burn tokens in Anchor Protocol via contract migration. With Terraform Labs (TFL) cleared to wind down operations by a US bankruptcy court,

Terra Luna Classic popular member and validator Vegas Morph has unveiled a proposal to repeg USTC to $1. This sparked bullish sentiment in the community, with LUNC price gaining further upside momentum after rising 15% in a week. Moreover, the commun

LUNC News: Terra Luna Classic community started discussions on seeking a flawless repeg system for USTC algorithmic stablecoin. The community thinks it’s time to get serious on LUNC revival and USTC r

Terra Classic price flashed a bullish signal on the daily time frame chart as USTC stablecoin gains a new utility in the Cosmos blockchain. USTC will serve as collateral for the CDT token by Membrane.

Terraform Labs, the firm behind Terra Classic (LUNC), has made a significant announcement regarding their Chapter 11 bankruptcy cases. The General Bar Date for filing claims has been set for August 9, 2024, at 5:00 p.m. ET. This deadline is crucial f