Strong Buy Interest Drives Terra Classic (LUNC) Price Up 6.40% to $0.0001455
- A new proposal to reverse the community’s transfer of 50% of LUNC burns to a community development pool is put to a vote.
- All day long, bulls in LUNC have been in command.
- Technical signs indicate that bulls’ strength is still robust, indicating that a protracted bull run is possible.
The community is voting on a new proposal that would rescind a decision to transfer 50% of all LUNC burns to a community development pool, which has sparked a rally in Classic and pushed LUNC prices up by 6.40% in the last 24 hours to $0.0001455. This latest proposal is likely to be approved, lending credence to forecasts that LUNC supplies will fall precipitously in the coming years.
As a consequence of the recent price gain, the total market capitalization of LUNC has gone up by 6.10%, to $868,369,370, and the trading volume has gone up by 3.01%, to $97,377,113.
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