Terra Luna Classic Community Votes in Favor of Tax2Gas Upgrade

Friday, 9 August 2024, 06:52

The Terra Luna Classic (LUNC) community has voted decisively, approving the Tax2Gas proposal with over 65% support from validators and delegators. This upgrade aims to stimulate the ecosystem, potentially driving demand and price for LUNC. Speculators are now questioning whether this momentum could help LUNC reach a target price of $1 again, which has significant implications for investors and the cryptocurrency market at large.
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Terra Luna Classic Community Votes in Favor of Tax2Gas Upgrade

Introduction

The Terra Luna Classic (LUNC) community is buzzing with excitement after the recent approval of the Tax2Gas proposal. With a substantial majority of over 65% voting in favor, both validators and delegators are optimistic about the upgrade's potential benefits.

What is the Tax2Gas Proposal?

The Tax2Gas proposal is designed to bolster the Terra Luna ecosystem, promoting greater utilization and demand for LUNC. The community's response indicates strong support for initiatives aimed at enhancing the project's viability.

Potential Price Impact

  • Will LUNC Reach $1 Again?
  • Speculative discussions among investors focus on whether this upgrade could revitalise prices.
  • The upgrade could instigate positive market sentiment and increased trading activity.

Conclusion

The Tax2Gas proposal is a crucial step for the Terra Luna Classic community, signaling investor confidence and a path towards price recovery. The potential for LUNC to reach $1 is now a topic of lively discussion, as stakeholders await the impact of this upgrade.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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