The goal of these security enhancements is to significantly fortify our foundational infrastructure. This involves a comprehensive upgrade of our core system, conducting thorough end-to-end and cross-chain tests, launching an official testnet to mimic mainnet functionality, and finally, addressing any bugs that could potentially disrupt the blockchain.
Greetings Terra Classic community,,
— Genuine Labs (@Genuine__Labs) April 10, 2024
Despite this, community members show enthusiasm for security measures, but LUNC token holders harbor concerns over potential price decreases. Some community members propose that declining open interest and trading volume in derivatives markets for both LUNC and USTC could be due to the perceived blame on futures trading.
In the past 24 hours, the price of Terra Luna Classic has dropped by 6%, following a broad market trend. Currently, it is priced at $0.000131.
Instead of this: “On the other hand, the market sentiment for LUNC futures contracts is not bullish, because the short-to-long ratio is negative, indicating that many traders are betting on a decrease in LUNC’s price.”
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2024-04-11 01:59