Terra Luna Classic faces significant transformations as it heads towards the largest
LUNC burn in history due to TerraForm Labs' bankruptcy, leading to a considerable debate on the price predictions of the Luna Coin for 2024, 2025 and 2030. A passive income-generating move from
BlockDAG's TG Tap Miner forms a critical aspect of this change, influencing LUNA and XLM prices. The community plans a 1B
USTC and 275B
LUNC burn, raising questions about the future prospects of
LUNC as a viable investment. Notably,
Terraform Labs agreed to pay almost $4.5B to settle with
SEC amid numerous allegations, one of the key milestones to mark the roadmap for Luna Classic. Furthermore, the unveiling of the Tax2Gas upgrade highlights the start of a new era for Terra Luna Classic while shedding light on debatable price predictions. The
LUNC core dev majorly updates the blockchain's dynamics, and a
14% upsurge in trading volume indicates potential growth for the currency. However, Terra Classic continues to face regulatory hurdles with allegations of it being a
security. The market sentiment heavily relies on the SEC-
TFL settlement and future development plans, which include a
v3.1.3 upgrade and restructuring proposals from the
LUNC community.
Terra Coin News Analytics from Tue, 05 Dec 2023 08:00:00 GMT to Tue, 10 Sep 2024 18:22:30 GMT -
Rating 2
- Innovation 1
- Information 6
- Rumor -2
