Terra Classic

LUNC’s price has seen a significant decline in the past month. Despite this, its 24-hour chart showed positive gains, and various metrics were indicating a bullish outlook.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/31ff3f2bf2094af898c98485dece6706.gif" />The Crypto Shop AIRDROP Is Live, Get 3000 EMT Tokens Free &#61; $30 <a href="https://twitter.com/cryptos_shop/status/1688099337069535232" rel="noopener noreferrer nofollow">Join Now</a>Terra Classic [LUNC] experienced a decrease in its staking ratio in the past 24 hours after it was previously increasing. A drop in this metric usually suggests that stakers have become less confident in the asset. It raises the question of whether the <a href="https://cryptosheadlines.com/shiba-inus-burn-surge-soars-by-4181-scarcity-sparks-hope-amid-price-decline/" rel="noopener noreferrer nofollow">declining price</a> action of LUNC in recent weeks has contributed to the decrease in stakers’ confidence.<h2 id="header-0">Terra Classic stakers losing confidence?</h2>Staking is a process where <a href="https://cryptosheadlines.com/binance-us-user-assets-secure-operations-continue-despite-sec-tro/" rel="noopener noreferrer nofollow">users lock up their assets</a> to earn rewards. On the <a href="https://cryptosheadlines.com/lunc-price-surges-by-40-as-terra-luna-classic-l1tf-collaborates-with-ustc-repeg/" rel="noopener noreferrer nofollow">LUNA Classic</a> blockchain, it takes 21 days to unstake LUNC, meaning stakers must wait to withdraw their holdings.Recently, there was a decline in the percentage of LUNC staked, indicating that users were unstaking their holdings. This suggests that their confidence in the token was low. At present, LUNC has a staking ratio of 14.92%, which is concerning as the ratio had been increasing for several weeks before the recent downtrend. <a href="https://cryptosheadlines.com/terra-classic-stakers-losing-confidence-price-action-under-spotlight/" rel="noopener noreferrer nofollow">Read More...</a>

Terra Classic: Stakers Losing Confidence – Price Action Under Spotlight

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