Crypto news today with latest daily crypto market analysis and updates. terra luna classic (LUNC) skyrocket?
Terra Luna Classic LUNC price is up by 22% to trade at $0.000161. A significant bullish run by Terra Luna Classic (LUNC) makes investors wonder where this coin may be going. Before the May crash, LUNC was the original token of the Terra Luna blockchain. The new LUNA token retained the name, but Terraform Labs changed the old LUNA token’s name to LUNC.
Terra’s gain is most likely due to the LUNC validator v22 update. The vote will pass, and the update will bring staking back to the network. According to internet rumors, 69% of the population voted. The vote in favor of the v22 update gives the stalled project much-needed momentum. Furthermore, the reintroduction of the staking feature benefits Terra Luna Classic
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