đȘIs $LUNC Dead or Would it ExplodeđȘ
â ïžThe price of LUNC dropped significantly today reaching a very low price of 0.000097$ / Coinâ ïž
What Happened with LUNC???
I will explain this in 4ïžâŁ Point as follows:
1ïžâŁ Bankruptcy Paper Work were submitted today by Terra Classic Board, stating that this step must be done as a new recovery plan comes to the picture. Was it a good move? Only Time will Tellđ„
2ïžâŁ Cryptodotcom Delisting. Also a major factor that affected LUNC Price, while the LUNC team is trying to list the coin on different other exchanges, this news will postpone their plan for a whileâ»ïž
3ïžâŁ Voting & The Split Between Holders & Validators. While most holder want Terra Classic to increase the Tax Rate, thus more burning of LUNC. On the other hand, Validators are refusing and voting against any Burn suggestionđ„
4ïžâŁ No Leadership... Since Do Kowon was sent to jail, we saw that LUNC lacked a decision maker and a true Leader.
âïž Unfortunately, all those factors affected the price of LUNC in less than a month.
So Will LUNC Ever Recover?đ
âŹïž Please share your thoughts in the comments Below âŹïž
Follow & Like For More Exclusive Newsđ„
