$LUNC and $USTC investors' hopes are fading. The expected rises have not come.
However; we knew it would be difficult for any movement to happen before the lawsuits are resolved. We knew they would push hard. You can see how investors are being pressured. General market conditions have triggered this as well.
At this point; we need to see what happens after the lawsuits. There is nothing finished with $LUNC and $USTC. Burns are ongoing, Binance support continues. Staking amounts are increasing. The network continues to operate as a failure. There is no token minting taking place. The total supply is continuously decreasing.
(Burns may be insufficient, but if you consider that there are supply mintings in other coins, you will understand the value of burns)
As long as the price of $LUNC and $USTC does not increase, the developments that are valuable have no meaning, but if there is going to be a sharp rise, it will be due to the developments we think are meaningless today.
The choice is yours! Investing is not easy. Investing in the Terra Classic chain is not easy at all.
#Altcoins #TerraClassic #Cryptocurrency