$LUNC 📈
On November 26, 2024, Terra Luna Classic (LUNC) is expected to experience significant developments tied to a mandatory token burn. This burn is part of an agreement between Terraform Labs and the SEC, which requires the destruction of certain tokens by the end of the month. 📊
The event could reduce the supply of LUNC, potentially triggering a price surge as the community anticipates a deflationary impact.💸
Additionally, the Terra Classic community is pushing several proposals to improve the security and scalability of the blockchain, such as mandatory KYC for developers and code updates to align with the broader Cosmos ecosystem. 🌌
