Terra Luna Classic (LUNC) The Road To $1
The Terra Classic network is at an inflection point, and how the community navigates current problems could make or break it.
Click link https://bit.ly/3VpiHxv to read the original text on thecryptobasic.com ( Guides, Crypto News, Exchanges, Trading Bots, Crypto Trading Guide.)
The Terra Classic network, at the peak of its development, was seen as the next frontier of blockchain development with a promise to provide decentralized money at scale for the decentralized finance market. Terra Luna Classic (LUNC) was trading for over $100 per token, and TerraClassicUSD (USTC) added billions in market cap.
However, it all came crashing down in May when USTC de-pegged. Now both are worth less than pennies. The community has since assumed control of the chain, and against all odds, they hope to chart a path to recovery. For many community members, LUNC reclaiming the $1 price point is not just a huge milestone but also significantly feasible. At least, that was the narrative fueled by influencers when the community took over the chain.
At press time, LUNC is trading at the $0.000188 price point, up 14.5% in the last 24 hours. At the current price, the token will have to see a 534,100% spike to clinch the $1 price point.
Terra Luna (LUNA), Terra Classic (LUNC) breaking news, analysis, you can find comments on this channel,
Please subscribe so you don’t miss the next tera luna news
Disclaimer, The information provided on this video does not constitute investment advice,
financial advice, trading advice, for informational purposes only,
you should not treat any of the video’s content as such.
Please, consult your financial advisor before making any investment decisions.