As a seasoned researcher with extensive experience in the crypto market, I find the Terra Luna Classic community’s proposal to update their CoinMarketCap dashboard quite intriguing. The potential for increased visibility and accessibility for both existing and new investors is indeed promising. However, the high number of “Abstain” votes suggests a certain level of skepticism or ambiguity within the community.
Terra Luna Classic Announcement: Terra Luna Classic is now initiating a vote on a significant proposal aimed at revamping the CoinMarketCap dashboard with accurate information. This move precedes the upcoming v3.3.0 update, which focuses on streamlining tax management and enhancing functionality.
Terra Luna Classic Community CMC Dashboard Update Proposal
The proposition, labeled as Proposal 12147, is almost approved since it’s close to the required approval threshold on CoinMarketCap. Majority of Terra Luna Classic community members favor this proposal because it could enhance the visibility and user-friendliness of the ecosystem for both current and potential investors.
According to the latest voting results, approximately 215 delegators and 30 validators support this proposal. The vote tally shows over half (51%) in favor, but a notable 37% abstained. Members within the Terra Luna Classic community, such as the validator HappyCattyCrypto, express concern that the links on CoinMarketCap are centralized and lack essential metrics or tools related to LUNC.
The community supporting the LUNC coin endorsed a proposal that granted access to top validator Allnodes, thereby empowering them to make modifications regarding the specifics of LUNC and USTC on CoinMarketCap.
According to the proposal, the revised control panel will emphasize essential and key technological assets to foster expansion, openness, and interactive participation, by underlining their importance.
The intention is to incorporate connections for the Galaxy Finder, Galaxy Station, Terra Classic Manual, GitHub Archive, and Commonwealth Discussion Board.
What’s Next for LUNC and USTC Prices?
On December 17, Terra Luna Classic is set to perform its significant v3.3.0 update. This upgrade features a streamlined tax management system. Additionally, it aims to enhance functionality on Terra Luna Classic by eliminating obstacles for developers and dApps wishing to create projects on the network, thereby increasing its overall utility.
Currently, LUNC’s price stands at $0.0001316, marking a 4% decrease in the past day. The price movement is taking place between the support of $0.00012 and resistance at $0.00018. Previous reports from CoinGape hint that if the price surpasses the current resistance level, it could potentially lead to a rally similar to Ripple (XRP).
Additionally, the price of USTC dropped by 3% due to profit taking, and it is now being exchanged at $0.02437. The lowest and highest points in the past 24 hours were $0.02394 and $0.02559 respectively.
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2024-12-13 16:56