#Whales Dump #LUNC , #USTC as #Terra Community Rejects Key Proposal

Terra Luna Classic (LUNC) is on the verge of falling out of the TOP 100 by global crypto market capitalization in the continuing market-wide crypto slump. However, the bearish wave started way before then – the Terra Classic community has been torn apart with inner conflicts, which constantly affect the price of both tokens on the Terra Classic network.

A key figure in Terra Classic’s community, LUNC DAO, has proposed to lead the chain while making the popular YouTuber and LUNC holder Classy Crypto sell his validator node to LUNC #DAO . Commenting on the situation, the prominent Terra member LUNC DAO blamed the “disobedient 20%”, who have chosen to be governed collectively by the community.

In another interesting turn, Classy Crypto admitted selling his validator to LUNC DAO for $10,000. Classy Crypto was called out on this three days ago when the $LUNC price suddenly dropped in a panic sell-off by the whales.