Do Kwon Is Out — Terra Classic ($LUNC) Is Now 100% Community-Owned
$LUNC The Terra Classic () sory has taken a major turn. Courts have ruled that Terraform Labs must burn all remaining LUNC held in its wallets — and they’ve already destroyed over 249 billion LUNC. This move signals the end of Terraform Labs’ direct involvement in the project. Today, $LUNC is fully community-owned, with no central authority. Decisions are made transparently through validators and on-chain governance proposals, meaning the community now controls the project’s future — not Do Kwon, not Terraform Labs. But while this decentralization is a huge milestone, some big investors remain cautious. They’re waiting for the final outcome of Do Kwon’s ongoing legal battles before committing serious capital. A decisive ruling is expected this December, and many see recent court sessions as encouraging signs. If the legal risks clear, analysts predict: 🚀 Major investor entry 🚀 Massive capital inflows 🚀 A potential price surge for $LUNC For the first time, LUNC’s destiny lies entirely in the hands of its global community. With Do Kwon and Terraform Labs gone, the stage is set for a fresh chapter. $LUNC {spot}(LUNCUSDT) #LUNC #Binance #BinanceSquareFamily
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