What is going on with Terra Luna Classic?

8/28/2022, 07:10 AM
What is going on with Terra Luna Classic?
The LUNC DAO is a group of investors, developers, and community leaders who have been working together to revive the Terra Classic blockchain and ecosystem. The group is dedicated to growing the Terra Classic community and ecosystem through a variety of initiatives, including marketing and education, dapp development, and community building. Recently LUNC DAO has made a great step forward to rollout a new validator infrastructure.

The successful rollout of the LUNC DAO validator has had a positive impact on the market for Terra Luna Classic, with the currency increasing by more than 20% in the last 24 hours. The trading volume of the last 24 hours has also increased to $380,839,641, representing an increase of more than 542%. As a result, the current market capitalization has also increased to $805,136,576.

The impact of the validator on Terra Luna Classic has been positive so far, with the price of the currency increasing and the social media buzz around LUNC also increasing. The success of the validator so far shows that the community is still positive about Terra Luna and is still willing to support LUNC DAO.
Should I still invest in Terra Luna Classic?

The successful system of the validator and the consequently gratifying effects show that the community is still positive about Terra Luna and is still willing to support LUNC DAO. The commitment shown allowed a rapid increase of the coin within the last three months. This success is to be continued in the following months and guarantee an appreciation of the coin.
LUNC DAO plans to burn even more Terra Luna in the near future. Therefore, an increase in price is to be expected. Despite all this, an investment in Terra Luna remains risky. The events of previous months are still weighing on the image of the coin and making investors cautious.

For investors who like to speculate and enjoy taking risks, it is definitely worth considering. However, it should be mentioned that the expected pump has not yet materialized. Nevertheless, the community continues to stand behind the project and believe in its success. Such confidence could bring about the hoped-for pump.