Terra Classic

<ul><li>Terra Classic (LUNC) surged 5.66% to $0.00009135 after the community rejected an independent website proposal.</li><li>LUNC&#39;s 26.42% weekly increase highlights the Terra ecosystem&#39;s resilience amid TFL&#39;s Chapter 11 bankruptcy updates.</li><li>The reopening of the shuttle bridge and significant LUNA burns have reignited interest in the Terra Classic community.</li></ul>Terra Classic (LUNC) has experienced a notable price surge despite the community rejecting a proposal to establish an independent community website. The <a href="https://station.terraclassic.community/proposal/columbus-5/12117" rel="noopener noreferrer nofollow">proposal</a> to enhance the community through design processes and concept workshops, similar to Bitcoin.org, failed to gain significant support. Only 4.08% of votes were in favour, while over 21.44% were against. A substantial 62.67% voted, and 11.81% abstained.Surprisingly, the LUNC token rose by about 5.66% following the rejection. LUNC is trading at <a href="https://coinmarketcap.com/currencies/terra-luna/" rel="noopener noreferrer nofollow">$0.00009135</a> and has increased nearly 26.42% over the past week. This increase underscores the resilience of the Terra ecosystem and is influenced by recent positive updates from Terraform Labs (TFL), which is currently undergoing <a href="https://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-11-bankruptcy-basics#:~:text&#61;A%20case%20filed%20under%20chapter,court%20approval%2C%20borrow%20new%20money." rel="noopener noreferrer nofollow">Chapter 11 bankruptcy</a> proceedings.Data from Santiment <a href="https://embed.santiment.net/chart?ps&#61;luna&amp;pt&#61;LUNC&amp;df&#61;2022-09-18T21%3A00%3A00.000Z&amp;sat&#61;shchcfg_Aqx_c0hINUa_&amp;emcg&#61;1&amp;wm&#61;price_usd%3Bvolume_usd%3Bsocial_volume_total&amp;wax&#61;0%3B1%3B2&amp;wc&#61;%2326C953%3B%23D2D6E7%3B%2368DBF4&amp;ws&#61;%3B%3B%7B%22interval%22%3A%221h%22%7D" rel="noopener noreferrer nofollow">reveals</a> that the LUNC bull rally has boosted its social metrics, with a noticeable rise in Social Volume, indicating growing interest. Binance&#39;s contribution to LUNC burns has also played a role, yet the Weighted Sentiment remains negative, pointing to persistent bearish sentiments in the market.<a href="https://cryptotale.org/terra-classic-token-defies-odds-with-surprising-rally-amid-community-setback/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Terra Classic Token Defies Odds with Surprising Rally Amid Community Setback

CryptoTale

Andra artiklar publicerade 22 juli 2024

ApeCoin holders mull proposal for Bored Ape-themed hotel in Bangkok

The Best Crypto Presales to Buy Before August 2024

Is 'Dogecoin Killer' Shiba Inu On A Bearish Path? Whale Transactions, Burn Rate Suggest Otherwise

MoonBag vs. Render: Which Crypto Star Will Light Up Your Financial Sky?

Solana Aims for $250 After 40% Jump

Next Cryptocurrency to Explode Monday, July 22 — OriginTrail, Cats in a dogs world, Avalanche, Ce...

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!