LUNC jumps 20% as Terra Luna Classic community votes to launch an independent website
invezz.com 17 July 2024 10:52, UTC The Terra Luna Classic community is voting on a crucial proposal to roll out an independent website.
The new site will attract users to the blockchain as it aims to recover traffic lost since 2022.
LUNC ON THE RISE? | TERRA CLASSIC COMMUNITY VOTE: NEW SITE, WHO DIS?
Terra Luna Classic community is vibing on a proposal for a slick new site, aiming to reel in the lost traffic since 2022.
USTC is pumping, up 17%, and Binance just torched 62 billion LUNC tokens.
The… pic.twitter.com/IRkBN4LDvT
— Mario Nawfal’s Roundtable (@RoundtableSpace) July 17, 2024
Since the May 2022 crash, Terra Classic has operated without a website that can offer comprehensive insight into LUNC’s ecosystem and ongoing developments.
Moreover, failure to attract dApp creators and developers and incompatibility with crypto sites such as Coinmarketcap and CoinGecko has led “to large losses of investor potential and loss of popularity.”
Thus, the latest proposal catalyzed optimism among enthusiasts, and LUNC and USTC extended their daily gains to up to 25%.
Terra Luna Classic to introduce new website
The LUNC community is working on a new proposal to launch a decentralized, educational, and community-based website.
According to the official announcement, the proposed website
Will be a community-driven, educational resource that supports the decentralized nature of Terra Classic without assuming any legal liabilities typically associated with being an official entity.
Moreover, the new site aims to outshine other leading blockchain websites in functionality and form.
The voting remained tight at press time, with 14% supporting the proposal and 38% against it.
Meanwhile, 47 haven’t voted, while 0.35% abstained. Enthusiasts have five days to participate in the project’s crucial decision.
Nonetheless, the latest proposal catalyzed optimism in the Terra Classic community, translating to bullish moves for LUNC and USTC.
LUNC and USTC price outlook
Terra Classic tokens displayed bullish performances as the community vibes with the ongoing proposal.
LUNC gained 19% over the past day to trade at $0.00009227, while a 25% price increase places USTC at the $0.02121 price mark.
Impressive daily trading volumes amidst broad market recoveries support continued upswings for LUNC and USTC.
Further, the Terra Luna Classic platform has witnessed optimistic updates lately.
Binance has burned billion of LUNC coins, while the token’s recovery effort attract enthusiasts.
With bulls dominating the crypto market, LUNC may have what it takes to hit its July target.
A new website to support creators and attract lost traffic will solidify the Terra Luna Classic revival going ahead.
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