$LUNC The LUNC (Luna Classic) team is currently focused on several initiatives to enhance the value and stability of the token. Some of the plans being worked on include¹ ²:
- *Token Burning*: The LUNC team has conducted token burns to reduce supply and increase token value. Recently, 222 million LUNC tokens and 1.85 billion USTC were removed from circulation.
- *Ecosystem Development*: The LUNC team is working to develop a stronger ecosystem and attract more users and developers.
- *Collaboration with Developers*: The LUNC team has recruited new Senior Cosmos developers who are highly experienced for the layer-1 blockchain task force.
- *Security Enhancements*: The LUNC team is also focused on improving network security and protection against attacks.
However, it is important to note that the prospects for LUNC remain pessimistic due to the damage to the project's reputation after its ecosystem collapsed last year. The current price of LUNC is around $0.000030, with a market capitalization of approximately $164.66 million.³
keep stacking 🤫🤫