The Terra Luna Classic developer plans to upgrade the Terra Classic Wallet, which could help boost the LUNC price. This update aims to improve the wallet’s features and ease of use, especially during a tough market period where both LUNC and USTC prices are struggling due to low trading volumes.
Terra Luna Classic developer’s announcement of an upgrade to the Terra Classic Wallet raises questions about its potential impact on LUNC price recovery. The upgrade promises enhanced functionalities, usability, and other general advancements. However, both LUNC and USTC prices continue to face pressure due to low trading volumes in the broader crypto market.
Upgrade to Terra Classic Wallet: Potential Impact on LUNC Price
Enhancements to Terra Classic Wallet: The Terra Luna Classic community received news of a significant upgrade to the Terra Classic Wallet, aimed at enhancing functionalities and usability. Developed by popular LUNC developer StrathCole using the CosmES Wallet Kit, the wallet is still in its early stages and is set to undergo further improvements.
Market Dynamics and LUNC Price Movement: Despite signs of recovery in the trading volumes of Terra Luna Classic ecosystem tokens, altcoins are still under pressure due to the prevailing negative bias in the broader crypto market. Over the last 24 hours, LUNC price has dipped by more than 2%, currently trading at $0.0001042. To rally to $0.0002, LUNC price must surpass the $0.00012 resistance.
Potential Trigger for Price Recovery: The upgrade to the Terra Classic Wallet presents a potential catalyst for a recovery in LUNC price. However, the future trajectory of LUNC will also depend on broader market conditions and trading volumes.
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