From Crash to Cash:
After the catastrophic failure of the original Terra blockchain in May 2022, both the new $LUNA and the remnants of the old blockchain $LUNC suffered massive price drops. However, both have rebounded with impressive performances.
Recently, the Terra Luna Classic $LUNC community made a bold move to reboot their ecosystem. They unanimously agreed to stop USTC minting by cranking up the Tobin tax to 100%. This strategic decision is part of a larger plan to revive both the token and its ecosystem. The effects were immediate, LUNC has skyrocketed from a fraction of a penny to $0.0000838, representing a 46% gain. The main driver has been community-led efforts to burn LUNC supply and reduce the circulating amount. By sending LUNC holdings to locked wallets and reducing supply, proponents aim to raise the price. The LUNC ecosystem is also being rebuilt with new DApps and use cases.
It’s impressive how LUNA and LUNC are doing right now, but other altcoins can give you even bigger gains. So, let’s check them out. always do your own research
