Token

Terra Classic

Terra

Edge

<ul class="news-points"> 
 <li>Terra Classic (LUNC) and Terra (LUNA) dropped over 10% in the past 24 hours.</li> 
 <li>Conflicts of interest within the LUNC seem to have triggered the massive selloffs.</li> 
 <li>Despite the drops, the two tokens saw an uptick in their trade volumes.</li> 
</ul> 
Amidst hopes of a likely recovery, <a href="https://coinedition.com/tag/terra-luna-classic-lunc/" rel="noopener noreferrer nofollow">Terra Classic (LUNC)</a> and Terra (LUNA) experienced significant declines in the last 24 hours. Data from CoinMarketCap show that the two tokens dropped over 10% in the past 24 hours. Surprisingly, the tokens saw an uptick in trade volume, with LUNC adding 141% and LUNA recording 73% in the last 24 hours. 
This decline comes as the Terra Classic community wages a battle of ideas and interests in pursuit of the network’s recovery. Notably, a core member of the Terra Classic community, LUNC DAO, proposed to lead the chain. However, not a lot of the community members support that. 
In response, LUNC DAO posted that the LUNC classic whales will dump the token, consequently crashing the value it has managed to build over time. Similarly, rumors emerged that Classy Crypto, another prominent member of the LUNC community, has dumped his entire LUNC holdings. However, he clarified that he didn’t sell his… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/lunc-community-on-edge-as-token-drops-10-in-the-last-24-hours/">LUNC Community on Edge as Token Drops 10% in the Last 24 Hours</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

LUNC Community on Edge as Token Drops 10% in the Last 24 Hours

Coin Edition

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