The price of Terra Luna Classic (LUNC) has decreased by 1% in the last 24 hours, with a drop of $0.000108 despite the wider crypto market gaining by 0.5% today. The coin has seen a 1% increase in a week, 6.5% in a month, and 16% in a year, which is relatively underwhelming compared to bigger tokens. However, Binance recently burned over 1 billion LUNC tokens, bringing the exchange’s total burn to 59 billion and the overall burn count to 113.3 billion. The Terra Luna Classic community is working on increasing the burn count and enhancing the coin’s utility, which could lead to potential price gains in the future.
The Terra Luna Classic price prediction suggests that there may be incoming gains as the coin’s indicators have stabilized, with the relative strength index showing an increase to 60. The 30-day average has also risen above the 200-day average, indicating regained momentum. Despite the positive movement for LUNC, the volume of the coin remains considerably lower than major tokens, indicating a lack of interest from the wider crypto market. However, recent burns by Binance raise the prospect of steady progress for LUNC in the coming months.
Binance has continued to burn LUNC tokens, totaling over 59 billion tokens thus far. This has had a positive impact on LUNC and USTC prices, with LUNC hitting $0.0001092 and volume increasing by 28%, signaling exciting developments in the crypto space. The total LUNC burn count has reached 113 billion overall, but this amounts to only 1.66% of the overall LUNC supply, explaining why recent burns have not significantly impacted the coin’s price. The Terra Luna Classic community is actively considering proposals to improve the coin’s viability, which could contribute to potential price increases in the future.
The Terra Luna Classic community is currently discussing a proposal to freeze LFG reserves on the TerraClassic Blockchain, seeking feedback from community members to shape the path forward. This is a pivotal moment for LUNC, and the community’s input could be crucial in determining the coin’s future direction. The price of LUNC could reach $0.00015 in the next few weeks and $0.0003 by Q4 2024, indicating potential growth for the coin in the coming months. However, given LUNC’s semi-dormant status, traders may explore alternatives with more potential in the short term, such as new meme coins like WienerAI, which has shown significant momentum.
WienerAI is a new Ethereum-based cryptocurrency that has raised $2 million in its pre-sale and offers unique features beyond being a meme token. WienerAI is native to an AI-based trading bot that provides trade-related advice, investment recommendations, and an atomic swap feature for quick trading. The coin has a max supply of 69 billion tokens and offers staking options for passive income. Interested investors can participate in the sale at the official WienerAI website, where 1 WAI is selling for $0.000708. With its strong fundamentals, WienerAI is expected to surpass its current price once it lists on exchanges in the near future.
