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#HotTrends 🌖 Luna Classic Labs Announces Departure from Terraform Labs (TFL) Over Wallet Issues Luna Classic Labs has decided to cut ties with Terraform Labs due to ongoing issues with the Terra Station v3 wallet. Mike P., a prominent community figure, expressed frustration on #socialmedia , citing broken elements in the latest release. To distance themselves from TFL, $LUNA Classic #labs will remove TFL mentions and links from their website, revise their guide to exclude TFL properties, and offer support for alternative community wallets like Strath, Galaxy, and Keplr. They also plan to collaborate with individuals and entities to develop alternative wallets for the #LUNACLASSIC community.#BTC

#HotTrends

🌖 Luna Classic Labs Announces Departure from Terraform Labs (TFL) Over Wallet Issues

Luna Classic Labs has decided to cut ties with Terraform Labs due to ongoing issues with the Terra Station v3 wallet. Mike P., a prominent community figure, expressed frustration on #socialmedia , citing broken elements in the latest release. To distance themselves from TFL, $LUNA Classic #labs will remove TFL mentions and links from their website, revise their guide to exclude TFL properties, and offer support for alternative community wallets like Strath, Galaxy, and Keplr. They also plan to collaborate with individuals and entities to develop alternative wallets for the #LUNACLASSIC community.#BTC

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#SHIB 🌖 Terra Tokens Display Bullish #Sentiment! LUNA Price To Test $2 Soon? The Terra tokens, particularly LUNA, have shown a strong bullish sentiment recently. After a brief bearish period, LUNA's price surged by over 22% in 24 hours and approximately 50% over the past week, indicating significant bullish influence. LUNA's price traded within a narrow range between $0.635 and $0.777 for over a week before experiencing a surge to $0.8830, followed by a short-lived rally of 72.59% reaching $1.4030. However, it faced rejection at this level and corrected by 25.83%, trading sideways for nine days. Despite some volatility, LUNA has regained momentum, gaining over 70% since testing its low of $0.7770. The Relative Strength Index (#RSI ) indicates strong buying pressure, and bullish averages suggest positive price action for Terra #tokens this week. Looking ahead, if the bullish momentum continues, $LUNA may test resistance levels of $1.55 and $1.7. #BTC
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🌖 Terra Luna Classic Defies TOP 100 Fallout with 35% Surge #TerraLunaClassic (#LUNC. ) recently surged by 35%, signaling a potential comeback despite trading below $0.0002. Its market capitalization is nearing $1 billion, hitting a 3-month high of $1.32 billion on March 5, 2024. The surge is attributed to the release of Terra chain's co-founder, #DoKwon , from prison in Montenegro, coinciding with upcoming events like the TerraForm Labs' hearing with the U.S. SEC on March 25. A significant blockchain upgrade introducing new functionalities by Genuine #labs is scheduled for today, promising enhanced scalability for decentralized applications, notably benefiting EnterpriseDAO. Technical indicators support the bullish momentum, with $LUNC breaking through support levels. Derivatives activity surged, with the 1000LUNC smart contract seeing a 38% daily spike to $199.06M. Binance users show strong bullish sentiment, with long positions outnumbering shorts significantly. #BTC
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🌖 LUNC price in recovery mode after opening statements from SEC and #DoKwon ’s defense team On Monday, #TerraClassic (LUNC) and #terraluna (LUNA) prices held steady amidst the start of Do Kwon's trial with the SEC over the collapse of Terraform Labs' TerraUSD stablecoin. The trial began in a Manhattan federal court with Do Kwon represented by his defense team. The SEC highlighted flaws in the Terraform ecosystem, emphasizing lack of decentralization and financial integrity. Despite the trial, both #LUNC. and $LUNA prices showed signs of recovery, with $LUNC up 3% and LUNA up around 2%. However, uncertainty remains as the trial progresses, potentially leading to volatility in the market. #BTC
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