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LUNC Ignites Bull Rally With Governance Proposal: Is a Breakout Looming?

Published 30/01/2024, 19:04
© Reuters.  LUNC Ignites Bull Rally With Governance Proposal: Is a Breakout Looming?
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Coin Edition -

  • Terra Luna Classic’s Proposal 12013 aims to eliminate confusion, but preliminary votes show a divided community.
  • LUNC’s burn campaign surpasses 95 billion tokens, with hopes of reaching 100 billion in February.
  • LUNC price consolidation near the upper Keltner Channel band suggests the potential for an upside breakout.

Terra Luna Classic ecosystem validator LuncLive has proposed the repeal of controversial pay-per-job Proposal 11889. This move, encapsulated in Proposal 12013, aims to eliminate the confusion and uncertainty that the initial proposal generated among validators, developers, and the broader community. The proposal seeks to pave the way for a more conducive environment for development and decision-making processes by removing the existing barriers that have hampered progress.

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