{"id":203765,"date":"2023-11-30T20:08:48","date_gmt":"2023-11-30T14:38:48","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=203765"},"modified":"2023-11-30T20:08:48","modified_gmt":"2023-11-30T14:38:48","slug":"is-terra-classic-lunc-set-for-a-bullish-surge-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/is-terra-classic-lunc-set-for-a-bullish-surge-crypto-news\/","title":{"rendered":"Is Terra Classic (LUNC) Set For A Bullish Surge? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The Terra Classic ecosystem-backed cryptocurrency LUNC recently amassed substantial attention within the world of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/glossary\/cryptocurrency\/\">cryptocurrencies<\/a>.<\/p>\n<p>The recent buzz curated by the LUNC token appears to come forth as a result of the recent announcement of a futures launch margined perpetual contract.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<h2>The Launch of LUNC USDT- Margined Perpetual Contract<\/h2>\n<p>According to a recent <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/support.lbank.com\/hc\/en-gb\/articles\/25779998015641-LBank-Futures-Will-Launch-1000LUNC-USDT-Margined-Perpetual-Contract\">announcement<\/a>, LBank Exchange is setting its sights on launching a 1000LUNC USDT Margined Perpetual Contract. Moreover, the announcement was revealed by the bank on November 29, Wednesday.<\/p>\n<p>As per the announcement, LBank is all set to list the 1000LUNC USDT-M perpetual contract on November 29 at 09:00 (UTC).<\/p>\n<p>Moreover, the trading pair 1000LUNCUSDT reportedly has a leverage of 50x. Besides it also boasts a tick size of 0.00001USDT, along with a funding fee settlement frequency set at every one hour.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>Additionally, the aforementioned launch is expected to be effective upon the commencement of trading of these contracts.<\/p>\n<p>Furthermore, LBank reserves the right to modify the specifications of the 1000LUNC USDT Perpetual Contract periodically in response to market risk conditions. These adjustments may encompass the funding fee, tick size, maximum leverage, initial margin, or maintenance margin requirements.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><strong>Also read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/suspicious-whale-withdraws-36-mln-assets-from-binance\/\">Suspicious Whale Withdraws $51 Mln Worth ETH, SHIB, And Other Cryptos From Binance<\/a><\/strong><\/p>\n<h2>Terra Classic LUNC Price Report<\/h2>\n<p>As of writing, the LUNC price ticked up 0.26% over the past 24 hours, to trade at $0.0001156. However, the token witnessed a 55.45% surge over the past seven days, along with a whopping 73.99% upswing over the past month.<\/p>\n<p>Even so, the 24-hour trading volume experienced a substantial downswing of 49.39%, evaluating $182.81 million at the time of writing. Additionally, the market cap of the token also noted a 0.25% surge to $670.91 million.<\/p>\n<p>The LUNC token gained attention in the crypto community after <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/terra-classic-lunc-and-ustc-price-to-double-after-binance-burn\/\">Binance\u2019s recent burning activity<\/a>. Interestingly, the Binance burn is set for tommorow, December 1. Meanwhile, the upcoming launch seems to uplift LUNC\u2019s market sentiment, possibly sparking a price rally.<\/p>\n<p><strong>Also read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/suspicious-whale-withdraws-36-mln-assets-from-binance\/\">Suspicious Whale Withdraws $51 Mln Worth ETH, SHIB, And Other Cryptos From Binance<\/a><\/strong><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/lunc-perpetual-contract-launch-is-terra-classic-lunc-set-for-bullish-surge\/\">  <i class=\"fa fa-whatsapp\" \/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/lunc-perpetual-contract-launch-is-terra-classic-lunc-set-for-bullish-surge\/\"><\/p>\n<p><\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          &lt;!&#8211; <\/p>\n<div class=\"m-on pl-2 pr-2\">\n<div class=\"row\">\n<div class=\"col-6 pr-2\">\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n<p>            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&amp;utm_medium=organicarticle\"><\/p>\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" decoding=\"async\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\"><\/div>\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n<p>            <\/a><\/p><\/div>\n<\/p><\/div>\n<div class=\"col-6 pl-2\">\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n<p>            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/?utm_source=priceanalysisbar&amp;utm_medium=organicarticle\"><\/p>\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" decoding=\"async\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\"><\/div>\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n<p>            <\/a><\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>                    &#8211;&gt;<\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA167026\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n&lt;!&#8211;<\/p>\n<div class=\"getAuthoname\"><\/div>\n<p>&#8211;&gt;<\/p>\n<p>CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. 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The recent buzz curated by the LUNC token appears to come forth as a result of the recent announcement of a futures launch margined perpetual contract. The Launch of LUNC USDT- Margined Perpetual Contract According to a recent announcement, LBank [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":153582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-203765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/203765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=203765"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/203765\/revisions"}],"predecessor-version":[{"id":203767,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/203765\/revisions\/203767"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/153582"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=203765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=203765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=203765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}