Home web3.0 Terra Luna Classic (LUNC) Registered Juicy Gains, Now Entangled in Heated KYC Debate

Terra Luna Classic (LUNC) Registered Juicy Gains, Now Entangled in Heated KYC Debate

Aug 13, 2024 am 06:15 AM
Gains Terra Luna Classic KYC Vote

Terra Luna Classic (LUNC) chain registered juicy gains in the early hours of Sunday, claiming $0.00008616 as a new weekly top.

Terra Luna Classic (LUNC) Registered Juicy Gains, Now Entangled in Heated KYC Debate

Terra Luna Classic (LUNC) price analysis for August 13, 2024, reveals that the token has pulled back to a previous high after experiencing a 29% upswing from the weekly bottom.

LUNC price pulls back to a previous high as crypto traders anticipate short-selling opportunities. Chart analysis by a trader known as Paxton shows that LUNC might pull back to the previous high, with an invalidation target of $0.000108.

If Terra Luna Classic fails to close above the price range, it could present a sell/short opportunity, as per Paxton’s analysis. However, these key resistance levels haven’t been touched since early June 2024.

On the other hand, community initiatives, such as the “Tax2Gas” consensus and the proposal to remove KYC for developers on the Layer-1 chain, are closely followed and might heavily influence LUNC’s price movement.

Terra Luna Classic 7-Day Price Analysis: Community Entangled in Heated KYC Debate

The 29% upswing last weekend for LUNC can be partly attributed to the newly implemented ‘Tax2Gas’ consensus, which is expected to significantly reduce the remaining LUNC supply.

Wenige Tage nach der Genehmigung des LUNC-Burn-Tax-Vorschlags debattiert die Community nun über einen Vorschlag zur Entfernung von Know Your Customer (KYC) für Entwickler in der Layer-1-Kette.

Bisher hat Vorschlag Nr. 12033 bei Community-Mitgliedern gemischte Reaktionen hervorgerufen, wobei einige die Risiken einer Entfernung der Entwicklerüberprüfung hervorheben.

„Wir haben Entwickler, die an Lunc arbeiten, nicht an der Erfindung der sicherheitsfreien Zone. Behalten wir KYC bei und bewahren wir das Drama für Seifenopern auf!“ bemerkte LUNC-Inhaberin Katy Louise.

Von den 15 Top-Validatoren in der Kette von Terra Classic haben zwei für die Genehmigung dieses Angebots gestimmt, während zwei mit „Nein mit Veto“ gestimmt haben.

Die Meinungen zu diesem Thema variieren auch zwischen den Social-Media-Kanälen, wobei einige Benutzer starken Widerstand gegen KYC im LUNC-Ökosystem zum Ausdruck bringen.

Kettenvalidator Danny Demi DeFi erklärte: „KYC in $LUNC Landia zu haben macht ungefähr so ​​viel Sinn wie die Anforderung eines Pisstests für eine Einstiegsposition bei KFC.“

Wie auch immer das Abstimmungsergebnis ausfällt, es wird wahrscheinlich erhebliche Auswirkungen auf den Preis von LUNC haben. Den breiten Bollinger-Bändern auf den 4-Stunden-Charts von Terra Classic nach zu urteilen, ist mit weiterer Preisvolatilität zu rechnen.

Derzeit befindet sich LUNC mit einem RSI von 50 immer noch im neutralen Bereich, aber der Chaikin Money (CMF)-Index von 0,20 deutet darauf hin, dass Großinvestoren in Terra Luna Classic einsteigen.

Zum Zeitpunkt der Drucklegung wird der LUNC auf Platz 136 bei 0,0000787 US-Dollar gehandelt, mit einer Marktkapitalisierung von 429 Millionen US-Dollar und einem verbleibenden Bestand von 5,44 Tonnen.

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