The Terra Classic (LUNC) currency is trying to regain its status through a strategy primarily based on the community and reducing supply, with these efforts focused on the following axes: Token Burning: This is the most important tool to reduce the massive supply that exceeds 6 trillion units. The Binance platform significantly supports these efforts through periodic burning of trading fees, with more than 436 billion tokens burned so far.
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There is no specific and globally announced event for Terra Classic (LUNC) on January 26, 2026, but market expectations indicate a continued focus on coin burns and community activity, with anticipated price fluctuations depending on the overall performance of the cryptocurrency market, news of regulatory updates, and developments in the issues of its founders, which may drive the price up or down based on sentiment and developments, rather than one specific event. to tha mooon
Regarding the latest developments concerning the trials of Terra Classic (LUNC) founder Do Kwon and the developer company (Terraform Labs), here are the key updates as of January 2026: Criminal Trial Date: The criminal trial for Do Kwon in the United States has been scheduled to begin on January 26, 2026, before the federal court in Manhattan. Charges and Admission: Kwon faces charges including securities fraud, wire fraud, commodities trading violations, and money laundering. Although he has previously pleaded not guilty, reports from late 2025 indicated that prosecutors may seek initial rulings or sentencing recommendations of between 12 to 15 years in prison if fully convicted. Company Liquidation: On January 3, 2026, it was officially announced that Terraform Labs has ceased its legal existence and has been fully liquidated, meaning the governance of the "Terra Classic" system has been fully transferred to the decentralized community, with no control remaining from the founders. Compensation: The deadline for submitting claims for crypto losses ended in May 2025, and current procedures are underway to distribute remaining assets through the "Wind Down Trust" to compensate affected parties according to the approved bankruptcy plan. Fate of the Currency (LUNC): Ongoing burn operations led by Binance (the most recent being the burning of 5.33 billion tokens in January 2026) continue to reduce the massive supply, while the currency remains under the influence of these legal decisions and community governance. #LUNC✅ $LUNC
The date of January 16, 2026, is expected to mark a pivotal event for the "Terra Luna Classic" (LUNC) cryptocurrency, as the official dissolution of the company "Terraform Labs" (TFL) as a legal entity will take place. Here are the key developments and outcomes expected on this day: Community empowerment: The legal disappearance of "Terraform Labs" will transfer full control of the network to the community (Decentralization); meaning the end of any institutional or legal constraints previously tied to the company. Price expectations: Technical analysis for this date suggests a potential price rise to approximately $0.00004731, representing an increase of about 8.68% compared to the beginning of January, amid "bullish" market sentiment prevailing at 70%. Continued burn activities: This date falls within a period witnessing intensified token burn operations to reduce supply; Binance has already burned over 5.3 billion LUNC tokens at the start of January 2026, with expectations that the price could reach $0.000085 during the month if the burn momentum continues. Technical advancements: The community is awaiting the activation of the "Market Module" to enhance automated burn mechanisms and support currency stability in the first quarter of 2026. In short, January 16, 2026, represents the beginning of a "great liberation" era for the currency from previous legal obligations, with community hopes for increased value through scarcity mechanisms and decentralized governance. AI-generated responses may contain errors. For financial advice