Do Kwon’s departure from Terra and Terra Classic has sparked optimism and unity within the community, as control of the projects shifts towards a decentralized, community-driven model.
As highlighted by Crypto News Portal, although Do Kwon has taken a step back, his influence remains through community-driven support for $LUNA, $LUNC, and $USTC. As a result, those who hold the most coins will have substantial influence on the future of these projects. Binance, a staunch supporter of both Terra and Terra Classic, is well positioned to take a leading role.
This will open a clean page in Do Kwon. As a member of the Do Kwon community, he can support the Terra and Terra Classic chains.
We don’t think Do Kwon will be retired completely.
It is not forbidden to carry #LUNA, #LUNC and #USTC. It is not forbidden to provide support for… pic.twitter.com/qNeBDbT5CN
— Cryptocurrency News Portal (@TerraNewsEN), June 13, 2024
Binance’s unwavering support has been instrumental in sustaining the Terra Classic chain. The exchange has consistently supported $LUNC through the burns, highlighting its commitment to the community. Additionally, Terra boasts a team of talented software developers and dedicated teams ready to drive growth in the world of cryptocurrencies.
The potential of the Terra Classic side is immense and Binance’s involvement amplifies it further. Their continued support, especially in the form of $LUNC burns, is critical. Furthermore, Terra developers are ready to exploit this potential, aiming for substantial returns. The combination of intelligence, talent and support creates a unique opportunity for Terra Classic.
The Terra Classic and Terra communities will now be a handful.
Those carrying #LUNA were Terra Classic investors.
▪️As for Terra Classic, there was great potential. Binance is driving this potential and supporting it with #LUNC burns.
➖Terra also has great software… pic.twitter.com/SWCE1inJL3
— Cryptocurrency news portal (@TerraNewsEN), June 13, 2024
In a space where media presence and support are crucial, $LUNC and $USTC stand out. Their advertising power is second only to Bitcoin. As a result, unity between communities is vital. A united front will ensure a stronger and more resilient Earth ecosystem.
Significantly, Terra’s previous management resigned, handing control over to the community. This transition allows for a more democratic approach to project development.
As court pressure on $LUNC and $USTC eases, there is renewed optimism about the future of these coins. In the right hands, $USTC has the potential to become the market-leading stablecoin, thus effectively supporting $LUNC and $LUNA. Terra Classic price at the time of writing is $0.000102, with 24-hour trading volume of $37,114,978, up 1.33. % in the last 24 hours.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of using any content, products or services mentioned. Readers are advised to exercise caution before taking any action regarding the company.
