LUNC Price Up 3.5% as Group of Volunteers Look to Strengthen Terra Luna Classic Blockchain

In recent news, Terra Rebels, a volunteer development group focused on the Terra Luna Classic blockchain, confirmed that they will continue to work on implementing a separate wallet infrastructure for LUNC.

LUNC is the native cryptocurrency of the Terra Luna Classic blockchain, a hard fork of the original Terra protocol that made waves in the crypto space last year.

Terra Luna Classic, a team of volunteers who are dealing with allegations of fraud, announced that an alternative LUNC network extension called “Rebel Station” is currently in pre-production.

Terra Rebels has confirmed that it is completely unrelated to Do Kwon and the TerraForm Labs team, but its goal is to provide “multiple hardware components” for altcoin pools.

Terra Classic has recently faced challenges, with independent development organizations testing critical infrastructure related to nodes and blocks. The group said it had purchased the necessary equipment for its independent network.

On February 23, an unnamed individual donated $25,053 to Terra Rebels. This is the second largest donation to a volunteer group.

At press time, LUNC was up 3.5% and was trading at $0.00167 with a 24-hour trading volume of $135 million and a market cap of $980 million. Since the beginning of 2023, LUNC has grown by more than 15%.

Source: TradingView

Terra Classic tweeted on February 23 that Rebel Station is currently in pre-production and operates completely independently of TFL. The tweet also mentions that the project is preparing to distribute hardware components on a large scale before entering full production. Additionally, LUNC transaction history is available on Rebel Station and Finder.

The independent wallet infrastructure developed by Terra Rebels for LUNC is an important step in strengthening the position of the Terra Luna Classic blockchain. The launch of Rebel Station, along with the growth of nodes and blocks, may help improve the overall performance and stability of the network. It remains to be seen how the project will develop in the future, but it is clear that the Terra Rebels team is committed to building a strong and secure foundation for the LUNC community.

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according to Kyptos

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