Terra Luna Classic Community Votes on Proposal 12147 to Update LUNC and USTC on CoinMarketCap

This voting comes ahead of LUNC’s v3.3.0 upgrade, which aims to streamline tax handling and boost security, enhancing the ecosystem.

Terra Luna Classic (LUNC) community members are currently voting on Proposal 12147, which aims to integrate the latest CoinMarketCap dashboard into LUNC and USTC. This proposal comes ahead of the highly anticipated LUNC v3.3.0 upgrade, which is set to streamline tax handling and boost security, further enhancing the ecosystem.

According to the proposal, the integration will provide easy access to crucial links for existing and new investors, boosting visibility and accessibility for the LUNC community. The proposal also highlights the absence of critical metrics and tools for LUNC on CoinMarketCap, which will be addressed through this integration.

Upon approval, the top validator dashboard, Allnodes, will gain access to implement the changes, which will include adding links to the Terra Classic Documentation, Galaxy Finder, GitHub, and Commonwealth Forums. This move is expected to increase community engagement, transparency, and overall ecosystem growth.

In other news, the Terra Luna Classic blockchain is preparing for a critical upgrade to version 3.3.0, which is scheduled to commence on December 17. During this period, the chain will be temporarily halted to facilitate the implementation of the changes.

This upgrade will streamline tax handling and provide more utility for LUNC, making it easier for decentralized applications (dApps) to build on the platform and encouraging their adoption of the Terra Luna Classic chain.

As the year comes to a close, LUNC has seen a slight decline in its value. At the time of writing, LUNC is trading at $0.0001319, down 0.16% over the last 24 hours. The token also experienced a 20.73% decrease over the past seven days.

Moreover, LUNC saw a drop in 24-hour trading volume, which now stands at $54.4 million, indicating reduced activity in the token. Despite this minor setback, several analysts anticipate a significant rally for LUNC, comparable to the recent XRP bull run.

However, the analysts’ prediction hinges on XRP breaking above the $0.00018 resistance, which could lead to a massive rally towards their target of $0.0005 for LUNC.

With the community-driven projects and increased transparency in the ecosystem, there is renewed optimism for LUNC's future, and the recent token burn of over 3.1 billion LUNC is sure to grab the attention of investors.