Here some recent developments and bullish plans for LUNC crypto:
1. Terra's USTC and LUNC Crypto Tokens Skyrocket on BTC-Based Comeback Plan: In May 2024, TerraClassicUSD (USTC) experienced a 300% gain in just one week due to plans of a BTC-based comeback. This news fueled a speculative frenzy in the market.
2. Key Strategic Factors That Could Elevate Terra Classic (LUNC) to $1: The price of Terra Classic (LUNC) has been experiencing a tug-of-war between bulls and bears, with the price currently below $0.0001. However, there are strategic factors that could potentially push the price of LUNC to $1, creating a bullish sentiment in the market.
3. Terra Classic Nears 100 Billion Burn Milestone: The Terra Classic community is approaching a significant milestone of burning 100 billion LUNC tokens. This milestone is seen as a bullish sign for LUNC, and it has contributed to the token's recent rally.
4. Terra Classic L1 Releases Q2 Roadmap: The development team behind Terra Classic L1 has released their Q2 roadmap, which includes plans for token burns, staking, and other initiatives to support the revitalization of LUNC. The community is actively working towards the goal of reaching $1 for LUNC.
Sources:
- CoinDesk
- CoinGape
- Finbold
- The Crypto Basic
