The Latest Update On LUNC! There’s Much To Expect As LUNC Experiences A Surge In Performance In The Last 24 Hours

June 13, 2023

The Terra Luna Classic (LUNC) network is undergoing a major transformation as it prepares to launch the Terra Classic parity upgrade mainnet 2.1.0 on June 14, 2023. The upgrade will make LUNC compatible with all Cosmos-based blockchains, including the new Terra 2.0 network. 

Meanwhile, LUNC has seen a 10.9% increase in its market cap in the last 24 hours, but its stablecoin USTC has not recovered from its peg failure. 

The LUNC community is exploring various options to restore USTC’s stability, such as creating a staking vault and increasing the burn tax. 

Additionally, a LUNC AI app chain is being developed by Drexel University Professor Edward Kim, which could bring more innovation and value to the LUNC ecosystem.

There is a lot to expect from LUNC as The Terra Luna Classic network is witnessing a massive surge in staking activity, as it reaches a new milestone of $1 trillion in staked value. 

If you found this helpful, Subscribe to The Art of the Bubble’s free newsletter.

Join us on Discord for live chat and daily updates. Find us on Twitter too

You found this content helpful ?

  1. 1
    Join our free weekly "Bubble Bulletin" for more
  2. 2
    Join us on Discord for live chat and daily updates
  3. 3
    Follow us on Twitter
  4. 4
    Share this content using the buttons below :

Disclaimer

This piece of content is provided for educational and entertainment purposes only. Robin Technologies and Analytics LLC is the firm that distributes 1.2 Labs products. The firm does not provide individually tailored investment advice and does not take a subscriber’s or anyone’s personal circumstances into consideration when discussing investments; nor is Robin Technologies and Analytics LLC registered as an investment adviser or broker-dealer in any jurisdiction.

You should expect no financial returns one way or another based on statements contained herein. These points hold equally for any statements that could be attributed to The Art of The Bubble or any related business entities or personnel operating in association with Robin Technologies and Analytics LLC.

If you decide to buy or invest in anything, then your returns and potential losses are your own. No statements about taxation are taxable advice and you are encouraged to consult your own tax professional. You are also encouraged to do your own due diligence before investing in anything.

RELATED POSTS:

January 13, 2020

January 13, 2020

October 18, 2021

December 1, 2022

July 11, 2023

December 29, 2022

March 29, 2024

August 23, 2022

November 10, 2022

LATEST POSTS:

May 23, 2024

May 22, 2024

May 21, 2024

May 20, 2024

May 16, 2024

May 15, 2024

May 14, 2024

May 9, 2024

May 8, 2024

What do do now?

Join the free 1.2 Labs "Bubble Trading" Bulletin for new trading strategies, macro & sentiment analysis and occasional free airdrops