Terra Classic ($LUNC) witnessed increased volatility early last month after the UST stablecoin de-pegged. As UST was an algorithmic stablecoin, its collapse led to LUNA failing to maintain its levels as more tokens were minted to maintain the peg.
Despite the crash that wiped most of the token’s value, trading for LUNA Classic (LUNC) is still happening on major exchanges. Due to increased volatility in the token, many exchanges delisted it, while some suspended deposits and withdrawals. However, with the price recording slight stability, LUNC is back to trading on major exchanges.
PayBolt Team is building an ecosystem that brings the utility to all tokens through their commerce-centric concept where businesses can take payments from customers online, through e-commerce, or in person through PayBolt Business products that suit all your business needs.
As a contribution to the loyal LUNC community, PayBolt team is excited to announce that $LUNC (Terra Classic) has a special place in the default token list on the PayBolt crypto app as well as in our web3 crypto payment gateway(on both BNB Chain and Polygon).
On the other hand, Terra Classic merch will soon be available on the PayBolt marketplace (shop.paybolt.com) and you will be able to buy products with $LUNC on BNBChain and Polygon. PayBolt is planning to come up with some burning plans too for the LUNC community.
As a step further into PayBot’s development, we are working tirelessly to bring the best projects and utility tokens into the ecosystem and simultaneously initiating giant partnerships for PayBolt and its merchants, partners, resellers, investors, and holders. So whether it’s bullish or bearish, PayBolt is rising steadily.
Stay tuned for further updates on this
Team PayBolt
