Luna Classic News
Stay up-to-date with the latest news and updates on Luna Classic. Get the latest insights, market trends, and developments in the world of Luna Classic cryptocurrency.
Jora Singh
Terra Luna Classic (LUNC), the original blockchain of the Terra network, has seen several notable updates recently:
Developer Compensation Proposal
On March 21, 2025, Juris Lunc Validator introduced a proposal to compensate a developer known as Frag for his audit and ongoing contributions to the Terra Luna Classic ecosystem. The community is currently voting on this proposal, aiming to uphold integrity and encourage fair compensation within the ecosystem.
Significant Token Burn Milestone
The Terra Luna Classic community has collectively burned over 405 billion LUNC tokens, a milestone that has positively influenced market sentiment. This burn aims to reduce the token supply, potentially increasing scarcity and value.
Ongoing Supply Challenges and Burn Initiatives
Despite the substantial burns, LUNC continues to face supply challenges. Community members are actively contributing millions of tokens to burn initiatives weekly, striving to address these supply issues and stabilize the token's value.
Current Market Status
As of the latest data, LUNC is trading at approximately $0.00006591, reflecting a slight increase of 0.00549% from the previous close. The day's trading range has seen a high of $0.00006599 and a low of $0.00006438.
