$LUNA
The LUNC (Terra Classic) team is currently focusing on several projects to enhance the value and utility of the token. Some of the plans being worked on include:
- *Token Burning*: The LUNC team has burned more than 427 billion tokens since May 2022 to reduce supply and increase the token's value.
- *Network Upgrade*: The LUNC team is working on the v3.6.1 network upgrade to enhance performance, security, and compatibility.
- *Ecosystem Development*: The LUNC team is developing the Terra Classic ecosystem with projects such as Terraport, LBUN, Selenium, Garuda DEX, and TerraCasino.
- *Re-peg USTC*: The LUNC team is working to restore the value of USTC to $1 with burning strategies and ecosystem development.
- *Collaboration with Binance*: The LUNC team has collaborated with Binance to burn LUNC tokens and increase the token's value. ¹ ² ³
However, it is important to remember that cryptocurrency prices are highly volatile and can be influenced by various factors. Make sure to do your research and analysis before making investment decisions.
