The LUNC price has risen by over 6% following news of the proposed v2.1.0 upgrade, which was tweeted by the LUNC Burn Army account. The 24-hour trading volume of Terra Classic has increased by approximately 300%, but the LUNC price still has a long way to go to reach its September 2022 high of $0.00059. The v2.1.0 upgrade is the third major upgrade to the Terra Classic blockchain and includes a minimum 5% commission for validators, Cosmwasm v1.1.x, and two security updates. However, with a fully diluted market cap of over $600 million and a supply of around 5.85 trillion, achieving a move back to its 2022 highs may be challenging.
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LUNC Price Spikes Over 6% on News of Terra Classic v2.1.0 Upgrade Proposal
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