Terra Classic (LUNC) Update Coming Soon!

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Binance, the world’s largest cryptocurrency exchange Terra Classic (LUNC) The LUNC v1.0.5 update, which will allow him to burn his tokens, will allegedly be released tomorrow.

Cryptocurrency phenomenon with approximately 65 thousand followers Classy Crypto, He shared that the update will be implemented soon.

The phenomenon, closely followed by Terra investors, stated that with the update, the LUNC token will be one step closer to the Binance ecosystem.

What is the Content of the Update?

The update proposal to advance the Terra Classic network from version v1.0.4 to v1.0.5 was accepted on January 25, 2023.

Binance exchange with software upgrade LUNC While it was stated that it will continue to burn, it was also stated that the LCD calculation problem in the blockchain network will be solved.

The developers estimated that the upgrade will go live on February 14, 2023, taking into account the block fill time.

Is Luna Coming Back?

The rebuilding of the project, which was officially destroyed last year, did not clear the suspicions of most of the investors. However, interesting data reflected on crypto tracking platforms show that some exchanges are making new initiatives for Terra.

According to a tweet shared by an account from the LUNC community, the crypto exchange KuCoin Started staking 47.9 billion tokens.

The total market cap of the tokens withdrawn from circulation by the crypto exchange is approximately $8 million.

$LUNC As of now, it finds buyers at $.16693.

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