Terra Classic

FOMO

Terra

TerraClassicUSD

<p>Binance has once again acted as a catalyst for the surge of a cryptocurrency, this time Terra Classic (LUNC). The crypto asset experienced an increase of over 60% following an announcement by the exchange.</p>
<h2 id="h-binance-announces-new-trading-pairs-for-lunc">Binance announces new trading pairs for LUNC</h2>
<p>The world’s largest cryptocurrency exchange has announced that it will launch new trading pairs for highly sought-after digital assets. Among them are Terra Classic (LUNC), TerraClassicUSD (USTC), dYdX, and Blur. Binance officially stated that it would open trading for the LUNC/TRY pair on December 5 at 8:00 AM (UTC).</p>
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<p>Binance burned 3,903,522,969.89 LUNC tokens on December 1. This represents the trading fees from spot and margin LUNC pairs between October 31 and November 29, totaling 362,617.17 USDT.</p>
<p>The destruction of tokens reduces the total supply of the cryptocurrency in circulation. This has contributed to a significant increase in the value of LUNC on Binance.</p> 
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  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:LUNCUSDT","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"1M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"dark"}</script>
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  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:LUNCUSDT","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"1M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"light"}</script>
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<h2 id="h-terra-classic-has-been-rising-since-the-exchange-s-announcement">Terra Classic has been rising since the exchange’s announcement</h2>
<p>The <a href="https://www.cointribune.com/en/crypto-markets/terra-classic-lunc-en/" target="_blank" rel="noopener noreferrer nofollow">price of Terra Classic</a> immediately showed an increase following <a href="https://www.binance.com/en/support/announcement/notice-on-new-trading-pairs-on-binance-spot-2023-12-05-84ca9ad73b3643beba825689409e053a" target="_blank" rel="noopener noreferrer nofollow">Binance’s announcement</a>. In the last 24 hours, the original token of the Terra Chain ecosystem has seen its value jump by nearly 65%. It also rose by 110% over the past seven days. Once again, Binance is the catalyst for the notable increase of a digital asset, as well as being a leading player in the industry.</p>
<p>Furthermore, the market capitalization of Terra Classic has also skyrocketed to $1.4 billion. Thus, LUNC is now the 43rd most significant cryptocurrency in terms of market capitalization. Its trading volume over 24 hours has increased by 152% to reach $1.23 billion.</p>
<p>In light of the crypto’s increase since the beginning of December, the Luna Classic Community <a href="http://twitter.com/lunc_community/status/1731421034182594788" target="_blank" rel="noopener noreferrer nofollow">advises</a> investors not to forget to take profits. <em>“don’t forget to take some profits as we have pumped a lot these days… FOMO as well comes into play it doesn’t mean we stay at these prices…”</em>.</p>
<p>Currently, LUNC is trading at 0.00024500 <a href="https://www.cointribune.com/en/crypto-markets/tether-usdt-en/" target="_blank" rel="noopener noreferrer nofollow">USDT</a> on Binance.</p>

Binance Propels LUNC: 60% Increase Following Major Announcement!

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