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MainNewsTerra Classi...

Terra Classic (LUNC) Rallies After Key Governance Proposal Approval


May, 23, 2024
< 1 min read
by CoinEdition
Terra Classic (LUNC) Rallies After Key Governance Proposal Approval
  • LUNC sees a 271% spike in trading volume post-governance approval.
  • LUNC price surge to $0.0001263 signals bullish market sentiment.
  • Proposal 12104 enhances IBC, aiming for smoother blockchain transactions.

Terra Classic (LUNC) price has been in a bullish rally over the last 24 hours, driven by significant community developments and trading activity. The Terra Luna Classic community recently passed a critical governance proposal that has had a direct impact on the market dynamics of LUNC and its associated tokens.

LUNC/USD 24-hour price chart (source: CoinMarketCap)

At press time, LUNC was trading at $0.0001147, a 2.55% surge from the intra-day low. During the rally, its market capitalization also gained 2.75% to $664,477,770.

Terra Luna Classic Proposal 

The Terra Luna Classic community has successfully approved proposal number 12104, “Reactivate Osmosis IBC,” submitted by developer Fragwuerdig, a former member of the core development team. This proposal focuses on enabling inter-Blockchain Communication (IBC) with the Osmosis protocol, aiming to restore the connection as Client ID 07-tendermint-12 on columbus-5 referencing the Osmosis validator …

The post Terra Classic (LUNC) Rallies After Key Governance Proposal Approval appeared first on Coin Edition.

Read the article at CoinEdition

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Terra Classic (LUNC) Rallies After Key Governance Proposal Approval


May, 23, 2024
< 1 min read
by CoinEdition
Terra Classic (LUNC) Rallies After Key Governance Proposal Approval
  • LUNC sees a 271% spike in trading volume post-governance approval.
  • LUNC price surge to $0.0001263 signals bullish market sentiment.
  • Proposal 12104 enhances IBC, aiming for smoother blockchain transactions.

Terra Classic (LUNC) price has been in a bullish rally over the last 24 hours, driven by significant community developments and trading activity. The Terra Luna Classic community recently passed a critical governance proposal that has had a direct impact on the market dynamics of LUNC and its associated tokens.

LUNC/USD 24-hour price chart (source: CoinMarketCap)

At press time, LUNC was trading at $0.0001147, a 2.55% surge from the intra-day low. During the rally, its market capitalization also gained 2.75% to $664,477,770.

Terra Luna Classic Proposal 

The Terra Luna Classic community has successfully approved proposal number 12104, “Reactivate Osmosis IBC,” submitted by developer Fragwuerdig, a former member of the core development team. This proposal focuses on enabling inter-Blockchain Communication (IBC) with the Osmosis protocol, aiming to restore the connection as Client ID 07-tendermint-12 on columbus-5 referencing the Osmosis validator …

The post Terra Classic (LUNC) Rallies After Key Governance Proposal Approval appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Will Bitcoin’s price bear the brunt of Mt. Gox’s repayment plan?

Will Bitcoin’s price bear the brunt of Mt. Gox’s repayment plan?

The following is a guest post by Nischal Shetty, co-founder and President at Shardeum...
Jun, 16, 2024
4 min read
by CryptoSlate
TON on the Rise, but Can $NOT Crack the Code to $8?

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Even as TON continues to show strong performance in the cryptocurrency market, analys...
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