LIVE
Will Terra Luna Classic's price reach $1?
Terra Luna Classic recently got a big upgrade called Version 2.4.2, which makes it easier to add new apps to the network. This upgrade got people excited about the future of Terra Luna Classic.
They're also working on making the network more secure, which should be done in about eight weeks. More people are holding onto Terra Luna Classic tokens than ever before, which shows that investors are interested in it for the long term.
The community is also burning a lot of Terra Luna Classic tokens to show they're serious about the project. Even though they've burned a lot, there are still a lot of tokens out there. Right now, Terra Luna Classic's price ranks at #124 among cryptocurrencies. But it's been going up recently, giving people hope that it might reach its previous high price of $119.
There's some uncertainty in the market because one of the founders, Do Kwon, was in jail and there are legal issues with the Securities and Exchange Commission. But despite these challenges, the Terra Luna Classic community is determined to make the platform better and get back to being a top blockchain. They believe they can reach the $1 goal with support from the community and advancements in technology.
