#Terra Luna Classic $LUNC Proposal Rejected, But Price

Climbs 5%

The LUNC community rejected a $5,000 funding proposal from 

BLV Labs for governance upgrades, with nearly 90% voting

against it, citing unmet technical standards like testnet and

mainnet deployments.

Key Updates:

*/ Validators’ Role: Major validators like Allnodes and Interstake

One opposed the proposal, critiquing BLV Labs for insufficient

progress despite publishing code on GitHub.

*/ Shift in Responsibility: Another proposal transferred 

CoinMarketCap dashboard access to Allnodes, reflecting

increased trust in active contributors.

Price Movements:

$LUNC : Rose 5%, trading at $0.000118, with a weekly gain of 15%. Breaking $0.00012 could trigger a rally to $0.0002.

$USTC : Increased 5%, now at $0.0245, but faces dwindling momentum with a 31% drop in trading volume.

Strong buying activity on Binance and OKX supports the rally, while some selling pressure persists on Bybit.

Will LUNC sustain this momentum? Let us know! 🚀

#TerraClassicUpgrade #terraClassicLunc #TerraLabs #Write2Earn!