Terra Classic (LUNC) Community Gains Momentum After Proposal Approval
Terra Classic (LUNC) has surged by 14% in a week following a successful community-approved network development proposal, showing a positive shift in momentum. Despite facing several challenges, the Terra Luna Classic community remains determined to move forward and grow, maintaining a bullish outlook with the ongoing crypto market recovery.
Factors Behind the Surge and Communityβs Resilience
Although challenges such as the Terra network crash inflicted damage on $LUNC, the community is unwavering in revitalizing the token, implementing proposals to aid its recovery. However, not all proposals gain approval, due to community concerns regarding costs and a cautious approach to change.
On a positive note, the Terra Luna Classic community successfully passed Proposal 12033, mandating KYC for all L1 developers to deter short selling and bolster security.
$LUNC Price Prediction and Community Resilience
Currently, $LUNCβs price stands at $0.00011, demonstrating resilience against market fluctuations. With an increased price and a neutral market position, a positive trend is anticipated, potentially propelling its price above $0.0003 by the end of 2024.
Best and New Meme Coin Crypto Alternative to Consider
Meanwhile, Meme Kombat (MK) emerges as an attractive investment opportunity with a highly anticipated $MK token presale currently exceeding $8.6 million in sales, due to its unique gaming and meme coin venture.
With only $8.5 million raised, the presale phase of Meme Kombat appears to be nearing its conclusion. Prospective buyers now have a final opportunity to acquire $MK tokens before the token listing on DEXs shortly after.
Key Takeaway
The recovery of $LUNC depends on the success of its burn program, community backing, and protocol development. Meanwhile, Meme Kombat presents an exciting new investment opportunity with its $MK token presale nearing its conclusion.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies.Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.
