We recently noticed that some third-party companies and individuals impersonated the TOPONE Markets brand and illegally misappropriated our trademarks.

We Hereby Reiterate Our Statement:

  • TOPONE Markets does not provide discretionary account operation trading services, nor does it cooperate with other third-party vendors and/ or agents to provide such services.
  • TOPONE Markets staff will not promise to our customer the definite profit, please do not trust any kind of the profit promise or profit related picture, such as screenshot/ chat history, etc, all investment profit can be only viewed on our official website and application.
  • TOPONE Markets is a professional online trading platform with low spreads and zero handling fees. Be wary of any behavior that asks you for any fees directly and privately. TOPONE Markets does not charge a fee at any stage of its trading process or other fee.

If you have any questions or concerns, please feel free to reach us by clicking the "Online Customer Support" or send an email to our customer care team cs@top1markets.com. We will answer your questions and assist you promptly.

Understood
We use cookies to learn more about how you use our website and what we can improve. Continue to use our website by clicking "Accept". Details
Market News Terra Classic Price Predictions: Where Will LUNC Go After Major Rally?

Terra Classic Price Predictions: Where Will LUNC Go After Major Rally?

The most recent trigger that speculators are depending on with LUNC is weekly token burning.

Cory Russell
2022-09-02
433

微信截图_20220902104451.png


Terra Classic is one of the cryptocurrencies that has angered the crypto community this year (LUNC-USD). The Terra blockchain, which formerly hosted algorithmic stablecoin UST, has since abruptly imploded. Even yet, given this coin's spectacular return, investor interest in Terra Classic price forecasts is still quite strong.


As the network's development staff seemed to have abandoned the Terra community, Terra Classic fell as low as $0.00001675, or a quarter of a cent. Today, this currency increased by almost 55%, reaching $0.00028. (only three zeros rather than four). This occurs when the Terra community experiences an improvement in investor sentiment as a result of news about weekly token burning.


Unlimited coin issuances made to maintain Terra Classic's old UST stablecoin have been one of the main causes of its sharp drop. However, now that Terra Classic has left the algorithmic stablecoin game behind, developers have proposed token burn strategies to address the inflation problem.


Notably, the Y5 cryptocurrency exchange said this week that it would support the implementation of these weekly token burning. A 1.2% effective tax on all transactions will be burnt, reducing the market's supply of LUNC. This is advantageous for LUNC cryptocurrency investors.

Previous
Next

Bonus rebate to help investors grow in the trading world!

Need Assistance?

7×24 H

Download the APP for Free