Terra Luna Classic demonstrates its potential for resilience, with multiple reports highlighting a possible 25% upswing for Luna Classic (LUNC) and LUNA prices following key strategic moves. Among these, the
Tax2Gas upgrade vote and potential adoption of a new burn tax could spur significant price surges, making LUNC's return to a $1 price point increasingly likely. The latest 3.1.3 upgrade is also reported to be live, further equipping Terra Luna Classic with potential tools for a significant breakout. However, not all reports are positive.
Terraform Labs is hit with substantial legal claims of $1.3 billion from
Three Arrows Capital liquidators over LUNA crash, raising concerns about the future of Terra Luna Classic. Nonetheless, Terra Luna classic is pushing on with infrastructure improvements, the reopening of its
Shuttle Bridge, and the move to burn LUNA tokens. Changes related to Luna Classic price prediction are also worth noting—predictions for LUNA and LUNC point to solid upward movements in the value over the next years. Additionally, Terra Luna Classic demonstrates its potential for further price rallies with a community vote that overwhelmingly favored a revision of its
burn tax distribution. Other notable moves include proposals for a core team, upgrades aiming to boost LUNC's value, and major developments in LUNC's security package, revealing new features and policy changes for long-term sustainability. However, with reports of
Binance burning LUNC tokens and LUNC losing its BtcTurk listing following a significant hack, the road to improvement presents credible challenges.
Terra Luna News Analytics from Mon, 08 Jan 2024 08:00:00 GMT to Tue, 13 Aug 2024 19:30:00 GMT -
Rating -5
- Innovation 7
- Information 4
- Rumor 0
