Check out LUNC insights on 20260127 03:00 UTC
Long Article:
Terra Classic (LUNC) has seen a price increase of 4.77% over the past twenty-four hours, driven by community efforts, paving the way for key insights.
1. Technical Strength: The LUNC indicator shows bullish technical indicators and a recent price increase of 4.77%.
2. Development Focus: Upgrades are actively progressing.
3. External Factors: The ongoing liquidation of Terraform Labs means that the price is driven by speculation.
Pros
1. Technical Momentum: The LUNC indicator shows bullish technical signals, with a price increase of 4.77%, and recent MACD and short-term EMA crossings indicate potential price rises.
2. Ecosystem Development: The community-led upgrade to Cosmos SDK v0.53 with IBC v2 support is progressing, with validators approving a spending proposal of 1 billion LUNC.
3. Community Conviction: A large portion of the LUNC community expresses long-term faith and patience, with many holders committing significant symbolic amounts.
Risks
1. Terraform Labs Liquidation: Terraform Labs remains in liquidation until December 2026, having no operational control over the Terra Classic network managed by the community.
Community Outlook
1. Mixed Outlook: Community sentiment is largely optimistic, driven by strong faith in long-term holding and the potential for significant price increases, although it is tempered by a realistic view of the Terraform Labs liquidation situation and the nature of the project .#LNC #LUNC✅ $LUNC