Here’s what Terra Classic’s proposal holds for LUNC, but do bears have other plans

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Here’s what Terra Classic’s proposal holds for LUNC, but do bears have other plans
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As Proposal 11487 has now passed, the L1 team will decide on an actual schedule and roll out the mechanism in four phases.

, LUNC’s price registered a decline of over 3% in the last 24 hours. At the time of writing, it was trading at $0.0001083 with a market capitalization of $638 million, making it the 70th largest crypto by market cap.was that its weighted sentiments improved in the last few days, reflecting the community’s trust in the token. However, its trading volume declined last week, which indicated less interest from investors.

Things also did not look good for LUNC in the near term, as most of the market indicators were bearish. Terra Classic’s Money Flow Index went down sharply in the last few days.The Relative Strength Index was also resting below the neutral mark. The bears were ahead of the bulls, which was evident from the Exponential Moving Average Ribbon’s findings.

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CryptoAmb /  🏆 22. in CA

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