LUNC’s price has seen some upside over the past week after an important proposal went live. The price has since begun to cool off since the initial pump. However, there is still a bullish case to be made for the altcoin that could see its price clear the $0.00015 level again.
New Terra Classic Upgrade Has Community Excited
On Saturday, May 3, a proposal was published for the Terra Luna (LUNC) network for an upgrade. This upgrade was slated to bring a number of things to the network, as outlined by the LuncBurnArmy in the v2.1.0 upgrade proposal.
The proposal which is now in the Commonwealth comes with a lot of exciting changes for the network. Some of these include a minimum 5% commission for all validators, as well as security updates for the network to make it more secure.
This upgrade will be the third significant upgrade that the Terra Classic network has undergone. It is expected to take place at…
