LUNC Experiences a 72% Surge, Credits the Robust Rally to the Cohesive Community

In a recent video on the ClayBro YouTube channel, the host, Clay, highlighted the substantial surge in the price of Terra Classic (LUNC) as evidence of the cohesive unity within its community members, who are actively contributing to the growth of the blockchain.

LUNC Experiences a 72% Surge, Credits the Robust Rally to the Cohesive Community

The crypto analyst, also a recognized member of the Terra Luna community, based his observations on the significant uptick in Terra Classic’s price. According to Clay, the unity within the Terra Luna Blockchain is vividly demonstrated through recent voting patterns on proposed changes.

Specifically, he pointed out a recent proposal aimed at resolving a sequence mismatch issue impacting certain validators, emphasizing that the decision on this proposal was unanimous. Clay noted that such unanimous support, a rarity in recent months, underscores the community’s eagerness to foster the growth of the blockchain.

Furthermore, he highlighted another proposal regarding the reduction of the validator set on the network to 100. In this case, a majority of the community members voted to abstain from the proposal, showcasing a balanced and considered approach.

Clay emphasized that the unity within the community is playing a pivotal role in advancing the blockchain, demonstrating to the wider world that the community stands united in its decision-making processes. He also mentioned ongoing proposals that have witnessed similar voting patterns, further reinforcing the collaborative nature of the Terra Luna community.

Meanwhile, Terra Luna (LUNC) has emerged as a top performer in the crypto market over the past 24 hours, leading in price gains. This recent surge follows a similar upward movement in its sister token USTC the previous week, with the token experiencing a remarkable 71% increase in value in the last 24 hours, according to CoinMarketCap data.