The Joint L1 Task Force (L1TF), comprising Terra Classic (LUNC) Core Developers, successfully executed the much-anticipated parity upgrade on June 14, 2023. This significant event became possible with the approval of Proposal No. 11561 by the Terra Classic Community, paving the way for the smooth implementation of this crucial update. Will LUNC Rise? Intriguingly, Terra Classic rose to prominence in the crypto asset world quickly, demonstrating an impressive value gain over seven days in the volatile environment of the declining crypto market. In particular, the industry giant, Binance, underpinned its importance by pledging support for this transformative upgrade. However, while Terra Classic distinctly experienced the unfortunate privilege of being one of the worst performers of the day, the circumstances surrounding the coin brought about an unexpected turn on June 16. Consequently, this development created some uncertainty, leaving Terra Classic and indeed LUNC investors momentarily bewildered. In the midst of this […]
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