As a seasoned crypto investor with a knack for deciphering market trends and community dynamics, this Terra Classic development strikes me as a significant step forward. The community’s decisive action to grant CoinMarketCap dashboard access to Allnodes demonstrates their commitment to self-governance and transparency, two qualities that are crucial in the volatile world of cryptocurrencies.
Latest on LUNC: The Terra Classic community has endorsed a plan to give direct account access to CoinMarketCap dashboard to the leading validator, Allnodes, following their request. This decision was made due to Terraform Labs’ inability to transfer the access earlier, amidst their current difficulties. The prices of LUNC and USTC are surging, aiming to break through resistance levels, fueled by these recent advancements.
LUNC News: Terra Classic Nods Proposal to Transfer Access
The decision made by the community is to delegate CoinMarketCap dashboard authority to Allnodes. In this new arrangement, the leading validator within Allnodes will be responsible for maintaining and updating Terra Classic’s dashboard information, which encompasses social media links, website details, and other critical data.
It appears that a request was made to Transport for London (TFL) to grant Allnodes access to the CoinMarketCap dashboard for Terra Classic ecosystem assets, yet there has been no reply or action taken so far.
Previously mentioned, Allnodes consented to temporarily hold these access permissions and contracts, ready to implement necessary adjustments on CoinMarketCap following the outcome of governance voting.
Significantly, the proposal garnered over 76% approval from the Terra Classic community, indicating strong support. Additionally, it received a small percentage of ‘No’ votes (0.20%) and ‘No with veto’ votes (0.23%), while Allnodes chose to abstain.
LUNC and USTC Prices On Bullish Run
In my exploration of the latest Terra Classic developments, I’ve noticed a significant surge: the price of LUNC has climbed by 4% over the past 24 hours, and at this moment, it’s trading at approximately $0.0001016. Over the same period, the price dipped to $0.00009656 (24-hour low), while reaching a high of $0.0001042. Interestingly, an analyst anticipates that we might witness a staggering 480% increase in Terra Luna Classic price in the short term, as the burn rate continues to escalate.
1000 LUNC open interest on Binance and Bybit has surged over 15% within the last 24 hours, according to Coinglass data. This surge suggests that derivatives traders are aggressively purchasing LUNC futures contracts.
Currently, USTC’s price has surged by over 5%, reaching $0.02269. Yet, the trading volume experienced a decrease of approximately 32% during the past day. In the last week, the price has dropped by more than 1%.
Read More
- EUR ARS PREDICTION
- EUR CAD PREDICTION
- CHR PREDICTION. CHR cryptocurrency
- LUNC PREDICTION. LUNC cryptocurrency
- SAFE PREDICTION. SAFE cryptocurrency
- XRP PREDICTION. XRP cryptocurrency
- EUR MYR PREDICTION
- USD BRL PREDICTION
- POL PREDICTION. POL cryptocurrency
- ULTIMA PREDICTION. ULTIMA cryptocurrency
2024-11-16 10:39