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Terra Classic Genuine Labs Proposal Officially Passed, LUNC Burn Rate Skyrockets !! #TrendingTopic #pepe #ARB #BTC #Sei The Terra Luna Classic community has approved developer Genuine Labs’ proposal for major core updates to boost security, functionality, and interoperability. The security upgrade package from Genuine Labs includes improvements and optimizations to Wasmd, IBC Go, and Cosmos SDK. Proposal 12088 “Genuine Labs’ security upgrade packages” has surpassed “pass threshold”, as per current voting details. The developer group will first upgrade to Cosmos SDK 0.47 in the major core upgrade then followed by Cosmos SDK 0.50.1. The proposal provides crucial upgrades to Cosmos SDK 0.47.10, IBC go v7, and Wasmd 0.45.0. The proposal has received 99.95% “Yes” votes indicating massive support from the Terra Luna Classic community. All validators who have participated voted “Yes” in the proposal. These include Allnodes, Orion, Interstellar Lounge, Stakely, and JesusIsLord. As reported by CoinGape, Genuine Labs plans to complete all developments in 8 weeks and an estimated budget of $30K. Cosmos SDK 0.47.10 offers enhanced security, increased interoperability, developer-friendly improvements, and overall performance benefits for building or using applications on the Cosmos network. The upgrades are for Wasmd, Comet BFT, Cosmos SDK, dependencies such as ibc-go v8, cosmos proto and cometbft-db, and other security updates to Terra Classic core. LUNC and USTC Price Performance Amid Rise in Burn Rate LUNC burn rate has significantly increased this month with an average daily burn of 200 million tokens. As per StakeBin data, 1.3 billion LUNC tokens were burned this week. The decline in supply has caused a more than 2% rise in futures open interest on major derivatives exchanges. LUNC price jumped 1% in the past 24 hours and over 12% in a week, with the Terra Luna Classic price trading at $0.000193. The 24-hour low and high are $0.000184 and $0.000197, respectively. The community thinks a breakout above $0.0005 will bring massive rally.

Terra Classic Genuine Labs Proposal Officially Passed, LUNC Burn Rate Skyrockets !!

#TrendingTopic #pepe #ARB #BTC #Sei

The Terra Luna Classic community has approved developer Genuine Labs’ proposal for major core updates to boost security, functionality, and interoperability. The security upgrade package from Genuine Labs includes improvements and optimizations to Wasmd, IBC Go, and Cosmos SDK.

Proposal 12088 “Genuine Labs’ security upgrade packages” has surpassed “pass threshold”, as per current voting details. The developer group will first upgrade to Cosmos SDK 0.47 in the major core upgrade then followed by Cosmos SDK 0.50.1. The proposal provides crucial upgrades to Cosmos SDK 0.47.10, IBC go v7, and Wasmd 0.45.0.

The proposal has received 99.95% “Yes” votes indicating massive support from the Terra Luna Classic community. All validators who have participated voted “Yes” in the proposal. These include Allnodes, Orion, Interstellar Lounge, Stakely, and JesusIsLord.

As reported by CoinGape, Genuine Labs plans to complete all developments in 8 weeks and an estimated budget of $30K. Cosmos SDK 0.47.10 offers enhanced security, increased interoperability, developer-friendly improvements, and overall performance benefits for building or using applications on the Cosmos network. The upgrades are for Wasmd, Comet BFT, Cosmos SDK, dependencies such as ibc-go v8, cosmos proto and cometbft-db, and other security updates to Terra Classic core.

LUNC and USTC Price Performance Amid Rise in Burn Rate

LUNC burn rate has significantly increased this month with an average daily burn of 200 million tokens. As per StakeBin data, 1.3 billion LUNC tokens were burned this week. The decline in supply has caused a more than 2% rise in futures open interest on major derivatives exchanges.

LUNC price jumped 1% in the past 24 hours and over 12% in a week, with the Terra Luna Classic price trading at $0.000193. The 24-hour low and high are $0.000184 and $0.000197, respectively. The community thinks a breakout above $0.0005 will bring massive rally.

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Shiba Inu Coin Price Prediction: Will Nexo Listing Propel SHIB To $0.0001 In April ? #BullorBear #BinanceLaunchpool #Memecoins #WIF #SHIB Shiba Inu price prediction: SHIB, a popular meme coin, has recently seen a significant uptick in market performance, showcasing a robust surge rally over the past 24 hours. The meme-based Shiba Inu Coin price breached the resistance level of $0.000028, signifying a strong bullish trend amid market volatility. In the past few hours, Shiba Inu has displayed a significant fluctuation in its market value. After a noticeable dip to $0.0000274, the cryptocurrency saw a sharp increase, peaking at $0.0000294. However, this rally was short-lived, as the price corrected slightly, settling at $0.00002855. Despite this volatility, the trading volume surged by 31.59%, indicating a heightened trader interest, which totaled an impressive $752.92 million in trades over the last 24 hours. The market capitalization of Shiba Inu experienced a slight decline of 0.68%, bringing it to approximately $16.82B, maintaining its position at 12 in market rankings. The circulating supply of SHIB remains at a vast 589.29 trillion coins, matched closely by its total supply. Investors and enthusiasts of the meme-based cryptocurrency remain watchful as these rapid changes unfold, reflecting the dynamic and often unpredictable nature of the cryptocurrency market. Over the past week, SHIB witnessed a slight increase, with its value surging by more than 2%, trading in the range of $0.000028-$0.000025. Over the past month, the meme coin has experienced a downtrend of 19% after a market pullback of $0.000035, indicating a descending trend. Shiba Inu Coin is encountering a crucial resistance point at $0.000029. Surpassing this level could lead its value to climb towards $0.00005, potentially paving the way for an ascent to the elusive $0.001 mark.Conversely, a slide could revert its price to a support figure of $0.000025. If the market sentiment shifts to a more negative outlook, SHIB might retreat to $0.00002 or, worse, drop below $0.000009.
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Terra Classic Price Prediction: Is LUNC Poised For Explosive Growth In April ? #BullorBear #BinanceLaunchpool #Memecoins #WIF #SHIB Terra Classic has recently exhibited an upward momentum, catching the eye of investors and traders. In the last several weeks, the cryptocurrency has shown robust bullish signals and an impressive annual growth of 8.76%, signaling a surge in investor confidence. Despite this, a period of consolidation has emerged as market participants weigh the sustainability of these gains against broader market dynamics. Terra Classic Price Prediction: LUNC’s Potential Recovery on the Horizon? At the time of writing, Terra Classic’s price stands at $0.000134, marking a slight dip of just above 4% in the past 24 hours. This minor decline is mirrored in the trading volume, which has seen a reduction of 4%, currently at $33.93 million and indicating an interest among traders. With a valuation of $779.71 billion, LUNC finds itself in the 113th spot in the crypto rankings, as per Coinmarket data. Last week, LUNC’s value dropped 13%, an unexpected twist that has not dampened the spirits of its investors, pointing towards an optimistic outlook despite fluctuating market conditions. During this time, LUNC’s value fluctuated between $0.00013 and $0.00016, showcasing a downward trend that culminated in a 38% decrease over the past month. Nonetheless, the long-term view remains positive. Despite the recent downturns and a significant drop over the previous month, Terra Classic’s LUNC’s resilience suggests a strong recovery potential. This long-term upward trajectory, coupled with sustained investor interest, lays a solid foundation for optimism regarding the digital asset’s value. Assessing Market Dynamics and Terra Classic’s Technical Indicators If bullish trends prevail and propel the price beyond the $0.00014 threshold, LUNC could witness a resurgence in momentum. This upward move could potentially challenge resistance levels at $0.00019 and even aim for the $0.001 mark.
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