Cryptocurrency Q&A
Does Luna Classic still exist?
Does Luna Classic still exist?
noah_stokes_photographer
Thu Jun 27 2024
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5 answers
1218
Could you please elaborate on the current status of Luna Classic? Has the project maintained its relevance in the cryptocurrency market? Are there any updates regarding its future roadmap or development plans? Is it still an active cryptocurrency, and if so, how is it performing in terms of price movements and adoption? Are there any notable challenges or opportunities facing Luna Classic at this moment? Your insights would be greatly appreciated in understanding the current landscape of this particular cryptocurrency.
5 answers
Valeria
Sat Jun 29 2024
On the date of May 25th, 2022, the Terra community convened to deliberate on a pivotal decision.
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SumoHonor
Sat Jun 29 2024
A proposal was presented for the creation of a fresh Terra blockchain, distinct from the existing one. This new blockchain would be accompanied by a novel token, dubbed the new LUNA.
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SeoulSerenity
Sat Jun 29 2024
As part of this restructuring, the current Terra blockchain would undergo a name change, being relabeled as Terra Classic.
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DigitalLord
Sat Jun 29 2024
Alongside this rebranding, the existing LUNA token would also undergo a renaming process, transforming into LUNA Classic, commonly abbreviated as LUNC.
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HallyuHeroLegendaryStarShine
Fri Jun 28 2024
This transition was deemed necessary by the Terra community to facilitate the introduction of the new blockchain and token, while still maintaining a record of the historical Terra blockchain and LUNA token.
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