LUNC Is Back in Bullish Sentiment...
$LUNC is back into the top 5 list for Most Bullish Sentiment on Coinmarketcap, after weeks out.
The asset, whose trading volume has dropped nearly 50% in the past 24 hours, joins the list alongside usual assets, including $KAS, $PI, $WLD, and $XLM.
Only $ASTER and XLM remain the two assets with price increase in the past day with $ADA, $ETH, $SUI, and $XRP completing the top 10 list.
What are you most bullish on?
$LUNC Kickstarts New Month with Massive Burn
Terra Classic executed a permanent removal of 32,586,604 $LUNC from circulation to start the June trading month.
On-chain data verifies the total supply has contracted to 6,458,698,690,249 $LUNC.
The burn leaves the current circulating float at 5,536,143,577,989 units following the latest 0.0005% daily supply reduction.
Jane Street Accused Of Dumping UST Before Terra Collapse
Terraform Labs’ estate has accused Jane Street of using insider information from a private Telegram group before the Terra collapse.
Court filings allege the trading firm dumped roughly $192 million in UST before the stablecoin lost its peg.
The lawsuit claims Jane Street later made around $134 million betting against the Terra ecosystem as it unraveled.
LUNC has skyrocketed 252% since last month and is currently undergoing a -37% correction alongside the broader market pullback. This is completely natural and nothing to worry about at all. Personally, I think it looks good, very good indeed 😉
NEW #LUNC LEGAL ALERT: Doc 1222 is LIVE! ⚖️
The Terraform Labs wind-down just hit a major gear. A massive Certificate of Service was filed on May 13, formally notifying all 51 primary creditors including the SEC, DOJ, and IRS-of the latest custodial actions. 👀
This isn't just paperwork; it’s the legal "all-clear" for the transition of assets. The machine is moving, the fees are paid, and the infrastructure is locked in.
As my pinned roadmap shows: procedural precision = the 2026 path to $0.37-$5
Who’s still here? 🌕
#LunaClassic #USTC #TerraClassic
$LUNC and $USTC burning continues on the Terra Classic chain. Burns have increased.
The amount of LUNC burned in the last week reached 1 billion. The amount of USTC burned in the last week exceeded 258,000.
The increase in coin burning while LUNC and USTC prices are rising is pleasing to Terra Classic investors.
#TerraClassic #LUNC #USTC