#LUNC/USDT is showing signs of a massive price surge with an impressive 8000% increase! Even though LUNC is a stablecoin, if its price hits $1, that's a clear sign to start buying and holding, potentially making you a crypto millionaire in no time.

The Terra Luna Classic community is currently voting on whether to remove a previously approved KYC (Know Your Customer) requirement. This decision has sparked a heated debate, with some members and validators arguing that KYC is essential and shouldn't be taken away.

Amid this debate, the prices of LUNC and USDT are fluctuating as traders adjust their strategies based on market changes and option expirations.

The main issue revolves around Proposal 12091, titled "Repeal prop #12033 [KYC prop]," which is up for voting in the Station wallet. This proposal was initiated by some Terra Luna Classic community members who believe that the KYC requirements have held back the project, especially during positive market trends. They think the initial KYC proposal was rushed and didn't consider future challenges, leading to more proposals trying to fix its flaws.

Those supporting the repeal argue that the downsides of the KYC requirements have outweighed the benefits, potentially slowing down efforts to boost LUNC and stabilize USDT. They propose bringing in experienced developers to push the project forward.

Keep an eye on these interesting developments!