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Over 1.4 Billion LUNC Burned in the First Four Days of November

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Over 1.4 Billion LUNC Burned in the First Four Days of November

The Terra Classic (LUNC) community has made a powerful start to November. In just the first four days of the month, over 1.4 billion LUNC tokens have already been burned — and the count continues as November 4 is still ongoing.

LUNC Burn Breakdown (November 1–4)

Date LUNC Burned
November 1 672,483,780
November 2 30,795,957
November 3 505,476,172
November 4 231,239,811*
Total (as of now) 1,439,995,720

*Data for November 4 is still being updated.

This strong burn activity highlights the continued commitment of the Terra Classic community to reducing the circulating supply of LUNC. Community validators, exchanges, and contributors are all playing a part in the ongoing burn initiative aimed at restoring long-term value to the network.

With more than 1.4 billion LUNC burned in just four days, November could potentially become one of the most impactful months for the Terra Classic ecosystem in recent times.

The community remains optimistic and united in its mission to rebuild the project through sustainable burns, ecosystem growth, and increased utility across multiple platforms.

The Real Reason Behind LUNC’s 6.3% Price Drop Today

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The Real Reason Behind LUNC’s 6.3% Price Drop Today

Terra Classic (LUNC) price fell 6.3% in the last 24 hours to $0.00004044. The decline follows a wider correction across the crypto market.

Main factors:

  • Over $432.63 million in long positions were liquidated, causing a chain reaction across major cryptocurrencies.
  • The total crypto market cap dropped 3.6% to about $3.5 trillion.
  • Bitcoin fell to around $107,000, pulling down most altcoins including LUNC.
  • The Altcoin Season Index is at 25, showing it is Bitcoin season, where Bitcoin’s price moves have a bigger impact on smaller tokens.

The decline is driven by overall market conditions, not LUNC-specific issues. Investors should watch Bitcoin and market sentiment for direction.

Crypto Market Turns Red: Will This Be the Start of Moonvember or Downvember

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Crypto Market Turns Red: Will This Be the Start of Moonvember or Downvember

The crypto market turned red today as global capitalization fell by 3.6% to $3.5 trillion. The downturn has left traders debating whether this month will mark the beginning of Moonvember or Downvember.

In the last 24 hours, over $432.63 million in long positions were liquidated, triggering a chain reaction across major cryptocurrencies.

Cryptocurrency Current Price (USD)
Bitcoin (BTC) $107,433.81
Ethereum (ETH) $3,713.01
Solana (SOL) $175.48
Terra Classic (LUNC) $0.00004035

The decline has raised concerns across the market, with traders watching key support levels to assess the next move. Some analysts say the drop reflects cautious sentiment after heavy liquidations, while others point to broader market uncertainty influencing trading behavior.

Whether this marks the start of a Downvember or a potential recovery toward Moonvember will become clearer in the coming days.

1.1 Billion LUNC Burned in Just 3 Days of November

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1.1 Billion LUNC Burned in Just 3 Days of November

November has just begun, and the Terra Classic community is already showing strong momentum. In only three days, more than 1.8 billion LUNC has been burned. This shows the community’s dedication to reducing the total supply and supporting long-term recovery.

LUNC Burn Breakdown (November 1–3)

Date LUNC Burned
November 1 672,483,780
November 2 30,795,957
November 3 481,787,180 (and the day is not over yet)
Total so far 1,185,066,917

The total burned so far is 1,185,066,917 LUNC, and the number is still growing as November 3 continues. This early progress highlights the Terra Classic community’s strong commitment to the LUNC burn initiative and ongoing recovery efforts.

Binance Just Burned 652.6 Million LUNC

Binance Just Burned 652.6 Million LUNC in Its Monthly Burn Program

Binance has officially burned 652.6 million LUNC as part of its monthly Terra Classic burn program. This ongoing initiative shows Binance’s continued commitment to helping reduce the circulating supply of LUNC and support the Terra Classic community’s recovery efforts.

The transaction can be verified on the Terra Classic blockchain through the following ID:

BB36CF8B3B0534B2BC8C2474EE35828D5DFC7A936130EF3395C5078AF35FEC2A
.

With this burn, Binance’s total contribution since 2022 has now reached 75.32 billion LUNC. This makes Binance the largest single contributor to the LUNC burn movement, continuously driving momentum for supply reduction and long-term ecosystem stability.

The consistent monthly burns reflect the ongoing collaboration between Binance and the Terra Classic community, showing unified efforts to build a more sustainable and promising future for LUNC.

Circle Starts New Blockchain Testnet with Visa, Mastercard, and BlackRock — Can LUNC Join Too?

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Circle Starts New Blockchain Testnet with Visa, Mastercard, and BlackRock — Can LUNC Join Too?

Circle, the company that created the USDC stablecoin, has launched a public testnet for its new blockchain called Arc. Circle says Arc is made to become an economic operating system for the internet.

More than 100 companies from the finance, technology, and payment sectors are joining this testnet. Some of the biggest names include Visa, Mastercard, BlackRock, Goldman Sachs, and BNY Mellon.

Arc aims to make blockchain use more practical by offering stable dollar-based fees, fast transactions under one second, and privacy options for different needs.

Circle CEO Jeremy Allaire said that the testnet is already getting strong interest.

“With Arc’s public testnet, we are seeing fast progress as many major companies and projects begin to build and test. Together, these groups reach billions of users and handle hundreds of trillions in assets and payments across every region of the world.”

He explained that Arc is built to connect local markets with the global economy, supporting uses such as lending, capital markets, currency exchange, and international payments.

The network will also use tools from Alchemy, Chainlink, and Anthropic, while Coinbase and Uniswap will help with liquidity. Stablecoin issuers from Australia, Brazil, and Japan are also joining.

But the main question for the Terra Classic community is — can LUNC be part of this?

Right now, the answer is no. The reason is not about the technology but about leadership. Big companies usually work with projects that have a clear CEO or leadership team.

LUNC is different. It is fully run by the community, where decisions are made by voting, and there is no single leader guiding the project. While this shows true decentralization, it also makes it harder for outside companies to form partnerships.

This leads to another question — should LUNC have a main leader to build trust and guide big partnerships, or should it keep its current model where the community controls everything?

Bank Indonesia Plans National Stablecoin While LUNC Already Has Indonesia Coin Called IDTC

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Bank Indonesia Plans National Stablecoin While LUNC Already Has Indonesia Coin Called IDTC

The Governor of Bank Indonesia, Perry Warjiyo, said the central bank is preparing to launch a national digital currency that will act like a stablecoin. This plan is part of Indonesia’s effort to move forward in digital finance.

At the Indonesia Digital Economy and Finance Festival & Indonesia Fintech Summit and Expo 2025 in Jakarta on October 30, Perry explained that Bank Indonesia will create digital rupiah and also digital securities linked to government bonds (SBN) as the base asset.

“We will issue Bank Indonesia securities in digital form, the digital rupiah with SBN as the underlying asset. This will be Indonesia’s version of a national stablecoin,” Perry said, as reported by CNBC Indonesia.

Bank Indonesia’s focus is to grow innovation, strengthen the digital finance industry, and keep the financial system stable.

A stablecoin is a digital currency that follows the value of a real-world currency such as the US dollar. It keeps a steady price, unlike other cryptocurrencies that move up and down quickly.

LUNC and Indonesia’s IDTC

Before this plan from Bank Indonesia, the Terra Classic (LUNC) blockchain already had an Indonesian stablecoin called IDTC. It was part of LUNC’s early vision to bring real-world crypto use to daily life through many local stablecoins from different countries.

In the past, LUNC had more than 20 types of stablecoins, including ones linked to China, South Korea, and Australia. The goal was to make it easier for people in each country to use digital currency in local transactions.

If the Indonesian government ever used IDTC as part of its national digital currency system, it could make LUNC’s daily trading volume grow fast. With Indonesia’s population of about 286 million people, it could have been a big step for LUNC to show its real use in daily payments.

But that chance is now gone. The stablecoins on the LUNC blockchain lost their peg, meaning they no longer follow their original currency value. Without a company or leader behind it, the LUNC network finds it hard to bring those stablecoins back.

Stablecoins Keep Growing Around the World

Even though LUNC lost its early lead, the use of stablecoins is growing quickly around the world. A report from a16zcrypto called State of Crypto 2025 says stablecoin transactions reached 46 trillion US dollars per year, close to the level of payment networks like Visa and PayPal.

Another report from Citigroup in April 2025 said stablecoins might soon enter a “mainstream moment,” similar to how ChatGPT changed the tech world. This is happening because governments and banks are now more open to using blockchain in financial systems, helped by clearer rules, especially in the United States.

For LUNC, stablecoins could still be the key to rebuilding trust and activity. If the community can restore value and connect with real-world finance again, LUNC could return to the stablecoin game it once started.

Over 2.1 Billion LUNC Burned in October: Terra Classic Community Keeps the Fire Alive

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Over 2.1 Billion LUNC Burned in October

The Terra Classic (LUNC) community continued its strong burn activity in October, removing more than 2.1 billion LUNC from circulation.

This shows that community members, validators, and exchanges are still working together to reduce the total supply and support the token’s long-term growth.

The month started with a big burn of 404 million LUNC on October 1, followed by major spikes on October 10 (378 million) and October 11 (174 million). These were among the highest daily burns of the month.

Even though daily numbers changed, the overall effort stayed consistent, showing that the Terra Classic community remains active and focused on its deflation goal.

LUNC Burn Summary (October 2025)

Date LUNC Burned
Oct 1 404,991,104
Oct 2 124,159,566
Oct 3 41,413,561
Oct 4 18,692,203
Oct 5 20,268,552
Oct 6 35,691,221
Oct 7 49,077,824
Oct 8 29,908,079
Oct 9 45,625,871
Oct 10 378,064,155
Oct 11 174,893,712
Oct 12 110,529,578
Oct 13 29,541,874
Oct 14 31,500,807
Oct 15 84,279,682
Oct 16 59,226,524
Oct 17 107,401,374
Oct 18 23,297,258
Oct 19 20,365,645
Oct 20 16,603,146
Oct 21 48,434,058
Oct 22 38,392,307
Oct 23 41,333,685
Oct 24 26,061,086
Oct 25 24,465,851
Oct 26 23,466,519
Oct 27 29,262,997
Oct 28 11,368,000
Oct 29 61,789,562
Oct 30 28,665,832
Oct 31 20,077,829
Total 2,158,849,462

Community Impact

This month’s total burn adds strong momentum to Terra Classic’s revival plan. By continuing to burn billions of LUNC each month, the community is showing steady progress toward a smaller supply and stronger ecosystem.

The focus now is to keep building utility and encourage more on-chain activity, helping LUNC maintain its burn momentum in the months ahead.

The Worst Uptober Fest for LUNC in 2025: Market Volatility Hits Hard

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The Worst Uptober Fest for LUNC in 2025

In the crypto world, Uptober is usually known for big price pumps. However, October 2025 turned out very differently.

The month began with strong gains for Bitcoin. From October 1 to October 6, Bitcoin surged from $114,000 to $125,500, creating optimism in the market.

Unfortunately, the positive momentum did not last. The market experienced two major dumps in October. The first, on October 19, recorded the largest liquidation in history, erasing more than $19 billion. A second dump followed recently, dropping Bitcoin from $111,000 to $106,000, affecting the entire crypto market, including LUNC.

For LUNC, October showed significant price fluctuations. The coin reached a high of $0.000058 and a low of $0.000016, with the current price around $0.000042.

Overall, October 2025 proved to be one of the worst Uptober months for LUNC, highlighting the ongoing volatility in the crypto market.

October LUNC Burn Report Reveals Massive Community Push!

October LUNC Burn Summary

The Terra Classic (LUNC) community continued to show strong activity in October with a steady amount of tokens burned each day. Daily burn amounts varied, reflecting ongoing transactions and network usage.

Here’s the breakdown of LUNC burned in October (so far):

Date LUNC Burned
October 1 404,991,104
October 2 124,159,566
October 3 41,413,561
October 4 18,692,203
October 5 20,268,552
October 6 35,691,221
October 7 49,077,824
October 8 29,908,079
October 9 45,625,871
October 10 378,064,155
October 11 174,893,712
October 12 110,529,578
October 13 29,541,874
October 14 31,500,807
October 15 84,279,682
October 16 59,226,524
October 17 107,401,374
October 18 23,297,258
October 19 20,365,645
October 20 16,603,146
October 21 48,434,058
October 22 38,392,307
October 23 41,333,685
October 24 26,061,086
October 25 24,465,851
October 26 23,466,519
October 27 29,262,997
October 28 11,368,000
October 29 61,789,562
October 30 28,665,832
October 31 5,617,065

Total burned (so far): 2,144,388,698 LUNC

Note: October 31 is not complete yet, so the total will likely increase.

The consistent daily burn reflects the network’s healthy activity and supports LUNC’s deflationary model, aiming to reduce supply over time.