Altcoin

Terra Luna Classic Developer Announces Key Upgrade, LUNC Price To $0.0002?

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The Terra Luna Classic community saw a major development today as the Terra Classic Wallet gets a much-needed upgrade. The developer informed the community that the upgrade improves functionalities, usability, and other advancements in general.

Terra Classic Wallet is developed by popular LUNC developer StrathCole utilizing the CosmES Wallet Kit, with UI design by Dawid Skinder.

Terra Luna Classic Wallet Upgrade

Terra Classic Wallet developed by StrathCole gets a new update from v0.0.1 to v0.0.22, reported the team behind the wallet. It is an alternative to the Station wallet with more features and usability. However, the wallet is still in the early version and needs further enhancements.

“This is an early version of the app. It is not feature-complete. Please use it at your own risk and be aware that there may be bugs and issues,” as per a notice. Bugs or issues found in the wallet can be reported on GitHub.

The team said there are many new functionalities and improvements in general in the Terra Classic Wallet. The team has just finished designing some UI improvements to Explorer as well to improve the usability of the wallet.

Meanwhile, the Terra Luna Classic developers including Genuine Labs are currently working on upcoming updates to further improve the chain and help bring utility.

Also Read: Binance Related Wallets Burn 222 Million Terra Luna Classic (LUNC)

LUNC Price to Rally?

Terra Luna Classic ecosystem tokens witnessed signs of recovery as trading volumes increased in the last few days, but the negative bias in the crypto market continue to put altcoins under pressure.

LUNC price fell more than 2% over the last 24 hours, with the price currently trading at $0.0001042. The 24-hour high and low are $0.0001031 and $0.0001070, respectively.

In the derivatives market, selling in 1000LUNC futures on Binance and Bybit negated buying in LUNC futures on other crypto exchanges. While derivatives trading indicates interest is higher, LUNC price still needs to break above $0.00012 resistance for rally to $0.0002.

Meanwhile, USTC price also dropped over 2% in the last 24 hours, with the price currently trading at $0.0215. The 24-hour low and high are $0.0204 and $0.0231, respectively. Trading volume has decreased slightly in the past 24 hours.

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Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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