For investors looking for projects with utility and strong growth potential, Terra Classic is a particularly strong choice that allows for seamless asset management across blockchain networks. The scalability and eco-friendly design of Avalanche continue to attract developers and businesses, while the community-driven revival of Terra Classic demonstrates resilience and adaptability.

In a recent update, Terra (LUNA) developers confirmed that the Shuttle Bridge functionality in the Terra ecosystem has been permanently disabled.
“Dear Terra community, following our previous announcement, the Shuttle Bridge interface has now been permanently closed. As part of this process, all remaining tokens in the Shuttle Bridge wallet have been burned to complete the shutdown,” the team explained.

In addition to the recently approved Proposal 12142, a majority of voters in the Terra ecosystem voted “YES” on another proposal called “Dealing with CoinMarketCap and Other Listings” or Proposal 12141. According to details provided by CNF, this decision will allow access to TerraForm Lab’s (TFL) listings on popular aggregators.
As revealed, the proposal seems necessary because TFL is the only entity with the “keys” to update this important system despite the bankruptcy. Meanwhile, these platforms are crucial in displaying price data, trading volumes, etc. In the context of these important developments, TFL is preparing to cease operations on October 30 after filing for Chapter 11 bankruptcy in Delaware. This implies that important services such as Alliance Hub, Mantlemint, FCD, and API services will cease to function without a third-party takeover.

Russia’s cryptocurrency law will come into effect on November 1 and will give the government a way to exert more control over mining and strengthen oversight of digital currency operations. This is a major shift in Russia’s stance on cryptocurrencies.
The law, passed by the State Duma, Russia’s lower house of parliament, allows the government to impose location-based restrictions on cryptocurrency mining. Authorities will have to determine where mining is prohibited or restricted, using regional limits on electricity consumption and other considerations. Additionally, the law empowers the government to regulate the infrastructure that enables mining processes, including the operations of mining pools in respective regions.

Terra Classic (LUNC) has been trading in a tight range between $0.0000832 and $0.00009674. The nearest resistance is at $0.000000 and a move above this level could signal a significant uptrend. The price change over the past month shows a 4.69% increase, which indicates bullish momentum. The Relative Strength Index (RSI) is at 50.95, indicating that the coin is neither overbought nor oversold. If the price breaks above the second resistance level at $0.0001084, we could see further gains. A rally to this level would represent a gain of around 12% from the current range. With these indicators, LUNC could be poised for growth in the upcoming altcoin season.

Looking at the market on October 26, the entire market was covered in red. Altcoins and memes both decreased significantly, typically memecoins. Is this really an opportunity for the sharks to start dumping and collecting goods?
With some coins like bome, dogs, lunc, is now the best time to collect?
Personal opinions about the market as well as referring to many different sources of information about the market, we can now completely start to collect goods to wait for better market signals to sell.