Recent developments center around
Terra Luna Classic (LUNC), involving significant votes on critical proposals, bankruptcy claims, and asset seizures. Notably, the
SEC offered clarifications on why LUNC and other coins are securities. The staking of LUNC has surged to 15%, with over 1 trillion LUNC staked. However, an initial merger between
Terra Classic and LUNC hit a roadblock. The community approved a significant Tax2Gas proposal, suggesting a possible rally in LUNC price. Despite a sudden price plunge following a large fine from the SEC, LUNC prices could be on the rise again. An oracle split logic update by Terra Luna Classic (LUNC) resulted in a futures surge of 20%.
Interestingly, Universal Orlando Resort revealed details about its two newest hotels -
Universal Stella Nova Resort and
Universal Terra Luna Resort.
Do Kwon, CEO of Terraform Labs, faces extradition to South Korea after a court rejected his appeal. Despite these challenges, Terra remains committed to repaying its LUNA holders, with a second airdrop launched. The price of LUNC could be set for a significant rally, with the community revising burn tax. However, the core team proposal rejection led to a dip in LUNC price.
Terra Luna News Analytics from Wed, 13 Sep 2023 07:00:00 GMT to Wed, 17 Jul 2024 17:30:00 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor -3