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Two Key Factors Behind the Recent Decline in LUNC Price

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Two Key Factors Behind the Recent Decline in LUNC Price

Two Key Factors Behind the Recent Decline in LUNC Price

The price of LUNC has continued to fall, driven by two major factors affecting the broader crypto market.

  1. Large scale liquidations across the crypto market

    Crypto market liquidations

    In the last 24 hours, 1.7 billion dollars was liquidated across the crypto market, with 1.45 billion dollars coming from long positions. This large wave of forced liquidations pushed asset prices lower and contributed to the decline in LUNC.

  2. Bitcoin falling to its lowest level in seven months

    Bitcoin price decline

    Bitcoin fell to the 80,000 dollar level, its lowest point in seven months. As the main driver of market sentiment, this drop pulled the rest of the crypto market down, including LUNC.

These two factors created significant downward pressure on LUNC, and recovery will depend on Bitcoin stabilizing and liquidation levels decreasing.

Over 1B LUNC was staked in the last 24 hours

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Over 1B LUNC was staked in the last 24 hours

LUNC Staking Surges as More Than 1 Billion Tokens Are Staked in 24 Hours

The Terra Classic network has recorded a strong increase in staking activity, with 1,184,037,889 LUNC staked in the last 24 hours. This surge has pushed the total staking ratio to 14.92 percent, marking a positive sign of growing confidence among LUNC supporters.

A higher staking ratio often reflects stronger long term commitment from the community, as more holders choose to lock their tokens to support network security and stability. This recent movement suggests that many participants remain optimistic about the future of Terra Classic, even during periods of market uncertainty.

The increase in staked LUNC also contributes to reducing circulating supply, which can help strengthen the overall token economy. As staking continues to grow, ongoing community developments and strategic upgrades may further support network performance and future recovery efforts.

LUNC Burn Projection Shows More Than 4 Billion LUNC Set to Burn This November

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LUNC Burn Projection Shows More Than 4 Billion LUNC Set to Burn This November

LUNC Burn Projection Shows More Than 4 Billion LUNC Set to Burn This November

The Terra Classic community has burned a large amount of LUNC this month. From November 1 to November 20, a total of 2,942,730,355 LUNC has already been burned. By looking at the current daily burn rate, we can estimate how much LUNC might be burned by the end of November.

Right now the average daily burn rate is about 147 million LUNC. If this pace continues, November could become one of the stronger burn months. To help beginners understand the possible outcomes, the projection is shown in the table below.

Projection Scenarios

Scenario Daily Burn Rate Additional Burn for Remaining 10 Days Projected Total Burn for November
Base case (same rate continues) 147.14 million LUNC 1,471,365,170 LUNC 4,414,095,525 LUNC
Optimistic (rate increases by 20 percent) 176.57 million LUNC 1,765,700,000 LUNC 4,708,430,355 LUNC
Conservative (rate drops by 20 percent) 117.71 million LUNC 1,177,100,000 LUNC 4,119,830,355 LUNC

Even in the conservative scenario, the total burn for November is still expected to be more than 4 billion LUNC. Overall, the current trend shows strong community activity and continuous support for reducing the LUNC supply.

Almost 3 Billion LUNC Burned This Month Yet

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Almost 3 Billion LUNC Burned This Month Yet

Almost 3 Billion LUNC Burned This Month Yet

Luna Classic (LUNC) is on track for one of its strongest burn months of the year, with nearly 3 billion tokens already removed from circulation between November 1 and November 20. The month is not over yet, and the ongoing burn activity reflects the community’s continued effort to reduce supply and support Terra Classic’s long-term recovery.

The burns come from validators, exchanges, and community initiatives focused on lowering the circulating supply. With several days remaining in the month, the total is expected to exceed 3 billion as burn momentum remains steady.

Daily LUNC Burn in November

Date LUNC Burned
November 1 672,483,780
November 2 30,795,957
November 3 505,476,172
November 4 259,292,102
November 5 220,329,764
November 6 228,837,914
November 7 182,946,514
November 8 15,488,977
November 9 30,022,743
November 10 137,746,118
November 11 71,098,812
November 12 85,465,448
November 13 49,512,928
November 14 61,046,451
November 15 26,059,848
November 16 64,103,576
November 17 28,133,604
November 18 26,917,262
November 19 134,556,897
November 20 112,415,488
Total 2,942,730,355

With the month still ongoing, LUNC is expected to surpass the 3 billion burn milestone, reinforcing the community’s long-term commitment to strengthening Terra Classic’s token economy.

Luna Classic Price Falls to Its Lowest Level This Month

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Luna Classic Price Falls to Its Lowest Level This Month

Luna Classic Price Falls to Its Lowest Level This Month

Luna Classic has reached its lowest price point this month. As of now, LUNC is trading at $0.0000286 with a market capitalization of $156,992,284.

The recent drop shows that investor sentiment remains cautious, especially as trading activity slows and volatility increases. While short term price weakness can raise concerns, it also presents a moment for long term supporters to reassess market conditions, ongoing developments in the Terra Classic ecosystem, and potential catalysts that may influence future recovery.

Analysts are watching to see whether LUNC can find stability or if further downward movement may occur. For now, the focus remains on market confidence, trading volume trends, and ongoing community initiatives.

Over 130 Million LUNC Burned in a Single Day, Marking the Largest Burn of the Week

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Over 130 Million LUNC Burned in a Single Day, Marking the Largest Burn of the Week

Over 130 Million LUNC Burned in a Single Day, Marking the Largest Burn of the Week

The Terra Classic community recorded a major burn day, with more than 130 million LUNC removed from circulation within 24 hours. This was the largest single day burn of the week and adds to the strong burn momentum seen throughout November.

With this latest burn, the total for November has reached 2,830,314,867 LUNC. Validators, platforms, and community members continue to reduce circulating supply as part of long term efforts to support token sustainability.

November LUNC Burn Summary

Date LUNC Burned
November 1 672,483,780
November 2 30,795,957
November 3 505,476,172
November 4 259,292,102
November 5 220,329,764
November 6 228,837,914
November 7 182,946,514
November 8 15,488,977
November 9 30,022,743
November 10 137,746,118
November 11 71,098,812
November 12 85,465,448
November 13 49,512,928
November 14 61,046,451
November 15 26,059,848
November 16 64,103,576
November 17 28,133,604
November 18 26,917,262
November 19 134,556,897

Total burned in November: 2,830,314,867 LUNC.

The consistent burn activity highlights the community’s continued commitment to reducing supply and supporting the long term outlook for Terra Classic.

Kraken Announces Scheduled Delisting of LUNC and USTC

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Kraken Announces Scheduled Delisting of LUNC and USTC

Kraken Announces Scheduled Delisting of LUNC and USTC

Kraken has announced that it will begin a scheduled delisting cycle for several digital assets that no longer meet the company’s internal performance or compliance standards. This update includes Luna Classic (LUNC) and TerraClassicUSD (USTC).

Assets Affected

Ticker Asset Name
UST Terra Classic USD
LUNA Terra Classic
LUNA2 Luna 2.0
NODL Nodle
PDA PlaysDAO
ETHW EthereumPoW
TVK The Virtua Kolect
TUSD TrueUSD
MOVE MoveZ
BRICK Brick Token

Timeline

December 12, 2025: Kraken will disable trading and deposits for all affected assets at 14:00 UTC.

March 1, 2026: Any remaining balances will be liquidated to complete the delisting process.

Kraken advises all clients holding these assets to withdraw or convert their balances before the liquidation date to avoid forced liquidation.

The Benefits of Inclusive Terra Classic L1 Development Update v2.0 Proposal

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The Benefits of Inclusive Terra Classic L1 Development Update v2.0 Proposal

The Terra Classic community has introduced a new governance proposal aimed at updating the list of individuals
authorized to merge code and create releases within the Terra Classic codebase. This update builds directly on
the framework established under Proposal 12129, with all contribution and KYC requirements remaining unchanged.
The only modification included in this proposal is an adjustment to the authorized merge and release management list.

The purpose of this update is to enhance flexibility for future community growth while maintaining the safeguards
necessary to protect the chain. All guidelines from Proposal 12129 continue to remain fully in effect.

Updated Merging and Release Management List

The revised list of authorized individuals, arranged alphabetically and grouped by category, is presented in the following table:

Category Name Affiliation
Retained Fragwuerdig Independent
Renzo Independent
StrathCole Independent
Vinh Independent
Removals Anh Minh GenuineLabs
Dong GenuineLabs
Expertdicer GenuineLabs
Additions Kien Orbit Labs
Hoa Orbit Labs
Tuan Tran Orbit Labs

KYC Certification

All newly added Orbit Labs contributors are verified through governance-recognized KYC sources provided by SolidProof.
Certification files include documentation for Kien, Tien, Tuan Tran, and Hoa, and these remain valid under the current
governance-approved KYC framework.

Contribution and Governance Guidelines

The rules established under Proposal 12129 remain fully active and unchanged.

Code Contributions

Anyone may submit code to the Terra Classic repositories through a Pull Request. While contributions are open to all,
individuals who have not completed KYC verification are not permitted to commit directly to the repositories.

Code Review and Discussion

Anyone may review or comment on submitted code. This approach keeps the development process open and encourages
transparent collaboration within the community.

Merging and Release Management

Only individuals on the governance-approved list are permitted to merge code or create releases. This list can be
updated at any time through governance voting.

Name Affiliation
Anh Minh GenuineLabs
Dong GenuineLabs
Expertdicer GenuineLabs
Fragwuerdig Independent
Renzo Independent
StrathCole Independent
Vinh Independent

Benefits

  1. Stronger Security:
    Updating the authorized merge list ensures that only verified and trusted individuals have direct control over official code releases.
  2. Greater Flexibility:
    Governance can quickly add or remove authorized contributors as needed, supporting continued community and ecosystem growth.
  3. Improved Accountability:
    Newly added contributors come with verified KYC documentation from approved providers, maintaining transparency and trust.
  4. Community-Friendly Contribution Model:
    Anyone can still contribute code or participate in code review, preserving an open and collaborative development environment.
  5. Clear and Stable Rules:
    All original contribution and KYC requirements remain unchanged, ensuring consistency while improving the authorized contributor list.

Luna Classic Price Keep Falls as Daily Trading Volume Drops

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Luna Classic Price Keep Falls as Daily Trading Volume Drops

LUNC Price Falls as Trading Volume Drops

The price of LUNC went down by 1.29 percent in the last 24 hours. Fewer people are buying and selling LUNC right now, so the market activity is lower than usual.

Based on data from CoinMarketCap, the current price of LUNC is 0.00003087 dollars and the market value of all LUNC combined is 169.7 million dollars.

The trading volume in the last 24 hours dropped by 47.07 percent, falling from 21.06 million dollars to 9.91 million dollars. This shows a clear decrease in market interest today.

Even though the price is still within its usual range, the lower volume shows that the market is quieter than before. Traders may wait for new updates or events that could bring more activity back to LUNC.

Over 1.2 Million USTC Burned in the Last 18 Days

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Over 1.2 Million USTC Burned in the Last 18 Days

Strong USTC Momentum as Over 1.2 Million Tokens Burned in the Last 18 Days

The Terra Classic community has burned a total of 1,228,815 USTC during the first 18 days of November. This report presents the daily burn data and highlights key activity within the period.

USTC Daily Burn Table (November 1 to 18)

Month Date USTC Burn
November 1 16,784
November 2 21,155
November 3 35,884
November 4 33,414
November 5 20,066
November 6 159,089
November 7 49,063
November 8 11,890
November 9 25,819
November 10 113,195
November 11 169,638
November 12 18,428
November 13 77,754
November 14 17,900
November 15 21,957
November 16 28,570
November 17 394,310
November 18 13,899
Total 1,228,815

This burn activity shows strong participation from the Terra Classic community and continued efforts to reduce the circulating supply of USTC.

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