LUNC's August 15 Catalyst: Can Tax Reform Ignite Revival?
Terra Classic's v3.5.0 mainnet upgrade launches August 15 after Proposal 12189 approval, introducing tax-exempt zones and native tax logic to boost utility. With 395B+ tokens burned and validator backing, technical improvements mirror successful v3.4.x updates that sparked price momentum. However, past rallies proved temporary—sustained growth requires genuine adoption beyond burn mechanics. Key resistance at $0.0001 and broader market conditions will determine if this upgrade becomes a catalyst or another false dawn for LUNC holders.