In order for the price to increase, there must be credibility, and it is necessary to restore the Terra Luna chain, but more funds are needed.

We do not think that the proposal to increase the 0.5% burning tax applied on the Terra Classic chain to 1.5% has any rational and logical explanation.

▪️It makes no sense to suddenly triple the tax. There may be advantages to increasing the burning tax for #LUNC and #USTC , but it makes no sense to increase it to 1.5% all at once.

▪️We do not see this as a realistic proposal. A rate like 0.6% - 0.7% would be more realistic and logical...

#TerraClassic #BTCNewATH #BinanceAlphaTop5 $LUNC