Terra Luna Classic (LUNC) has attracted attention in the crypto market as it rebounds after a period of inactivity, with over a 2% increase indicating a bullish trend.
Investors are considering if it's a good time to buy before a potential breakout.
Despite the recent market crash and regulatory concerns, Terra Luna Classic (LUNC) has shown resilience.
It has recovered above the support level of $0.00009044 and is currently trading at $0.0000920. Investors are interested in the factors driving LUNC's upward momentum.
With LUNC holding the $0.00009 level and showing upward movement, investors anticipate the next bullish run.
The positive momentum and resilience of Terra Luna Classic suggest the potential for further gains.
Investors should closely monitor the market for sustained upward movement and potential breakouts that could indicate the next rise for LUNC.
The reason behind its upward rally can be attributed to a recent report indicating that the "Six Samurai," a group of experienced engineers, has presented a strategic plan for the revival of Terra Luna Classic (LUNC) in the third quarter of 2023.
This proposal aims to revitalize the LUNC ecosystem and has garnered positive feedback from the community. As a result, the LUNC price has shown promise, closing the week with a 1.3% gain.
The proposed plan includes a budget of $116,000 for implementing an L1 roadmap, which involves transitioning from Columbus-5 to Columbus-6 and updating the Cosmos SDK.
Furthermore, the proposal suggests listing Terra Classic on Keplr's Web Interface and Mintscan, platforms that offer analytical visualizations and block exploration for Cosmos.
The Six Samurai team, comprising experienced developers, is dedicated to collaborating with
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