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LUNC Picks Up 13% Despite Trashed Key Terra Classic Proposal Last weekend, Terra Luna Classic ($LUNC ) rejected a key governance proposal to prevent the chain’s validators from launching multiple validators on the network. Proposal #12101 seeks to impose a single-validator rule, which has been called “un-actionable” and “pointless” by certain validators like SolidVote. While most members agree the proposal to limit validator nodes has good intentions, the strategy would be hard to realize because Terra chain validators can simply ignore the implemented rules. Breaking down the voting results, almost 38% of #TerraClassic community members voted ‘Yes’, while 37% voted ‘No’, and another 21% vetoed the proposal. Despite the #TerraLunaClassic community being divided into two camps over #LUNC✅ chain validator policy, the embattled Layer-1 altcoin inked 8.6% gains to trade at $0.0001162 as of press time. While the validator limit proposal tackles centralization issues due to unlimited validator nodes, a resubmission of the proposal is likely soon. #ETFvsBTC #BTC

LUNC Picks Up 13% Despite Trashed Key Terra Classic Proposal

Last weekend, Terra Luna Classic ($LUNC ) rejected a key governance proposal to prevent the chain’s validators from launching multiple validators on the network. Proposal #12101 seeks to impose a single-validator rule, which has been called “un-actionable” and “pointless” by certain validators like SolidVote.

While most members agree the proposal to limit validator nodes has good intentions, the strategy would be hard to realize because Terra chain validators can simply ignore the implemented rules. Breaking down the voting results, almost 38% of #TerraClassic community members voted ‘Yes’, while 37% voted ‘No’, and another 21% vetoed the proposal.

Despite the #TerraLunaClassic community being divided into two camps over #LUNC✅ chain validator policy, the embattled Layer-1 altcoin inked 8.6% gains to trade at $0.0001162 as of press time. While the validator limit proposal tackles centralization issues due to unlimited validator nodes, a resubmission of the proposal is likely soon.

#ETFvsBTC #BTC

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Michael Saylor's Epic Bitcoin Prediction: $8 Million Target Decoded This prediction highlights Saylor's belief in Bitcoin's long-term value proposition Bitcoin's potential to reach astronomical valuations has been a topic of discussion among crypto enthusiasts. One of the most noteworthy predictions comes from Michael Saylor, Chairman of MicroStrategy, who has been a vocal advocate of Bitcoin. According to Bitcoin analyst Luke Broyles, Saylor's recent speech at the #BTC Prague event offered some eye-opening insights into his long-term vision for Bitcoin. In his speech, Saylor reflected on his journey with Bitcoin, admitting that he initially dismissed the digital asset when it was priced at just $892. This skepticism led him to buy Bitcoin later at a much higher price of $9,500. One of the standout quotes from Saylor's speech, as highlighted by Luke Broyles, was, "Everyone gets Bitcoin at the price they deserve." Saylor made a bold prediction: when Bitcoin reaches $950,000, many will still wait for it to drop to $700,000 before buying in. However, he implied that such hesitation could result in missing out yet again, as Bitcoin might then #skyrocket to $8,000,000. This prediction highlights Saylor's belief in Bitcoin's long-term value proposition and its potential to appreciate significantly over time. The idea of Bitcoin reaching $8 million may seem far-fetched to some, but it aligns with Saylor's broader perspective on the asset. He views Bitcoin as a superior store of value and a hedge against inflation, with the potential to attract significant capital from traditional assets. This view has placed #MicroStrategy at the forefront of Bitcoin's evolution, now owning 1.1% of the total supply of the world's largest cryptocurrency, valued at around $14.5 billion, in just four years. The corporation recently announced a $500 million debt sale of convertible notes to increase its #bitcoin holdings. MicroStrategy's long-term convertible debt strategy ensures that it has enough time to benefit from a potential Bitcoin upside. #AirdropGuide
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