What do you think Luncu expects in the future?
Can LUNC Price Reach $1 After Latest Terra Luna Classic v2.4.2 Update? Terra Luna Classic major chain upgrade v2.4.2 successfully implemented The total LUNC burned by the community exceeded 105 billion, and the number of wallets exceeded 5.51 million. LUNC price rose 1000% in the bull market, pushing prices to $0.1 LUNC price has been on a successful run this bull cycle, supported by significant developments in the Terra Luna Classic chain. LUNC price rose over 30% within a week after profit booking due to two major events: the successful v2.4.2 upgrade and the release of Terra co-founder Do Kwon. Terra Luna Classic major chain upgrade v2.4.2 has been successfully implemented along with the migration to new binaries and components. IBC-Hooks will primarily enable the inclusion of dApps in Terra Luna Classic, primarily the Enterprise DAO. Original Labs announced that this was a smooth upgrade, and validators slowly went live after the upgrade. The Terra Luna Classic developer group also announced progress on the Terra Classic Security Pack upgrade. This will increase security, functionality and interoperability. The development team planned to complete all developments in 8 weeks The increase in development activities of Terra Luna Classic is one of the reasons behind the huge increase in LUNC and USTC prices. Total LUNC burn exceeded 105 billion thanks to massive support from crypto exchanges and projects. Binance burned more than 53.48 billion LUNC tokens, accounting for more than 50% of the total burn New projects and exchanges such as Singapore-based WEEX are joining the burn campaign to reduce the supply in circulation. While the incineration narrative is picking up, the incineration rate has fallen due to the rise in prices Meanwhile number of LUNC wallet holders is also increasing now, indicating that demand is increasing in the bull market. Community developers and projects are also working to benefit the Terra Luna Classic chain. Account holders now exceed 5.51 million, according to Cosmos blockchain.