Terra Luna Classic Community Pushes for CoinMarketCap Update to Boost Ecosystem Visibility
Highlights
- The Terra Luna Classic community proposes updating LUNC and USTC details on CoinMarketCap to improve visibility and accessibility.
- Proposal 12147 garners support, but low participation in governance voting raises concerns.
- LUNC and USTC prices decline amidst subdued market sentiment.
Terra Luna Classic’s CoinMarketCap Dashboard Proposal
The Terra Luna Classic community is voting on Proposal 12147, aimed at updating the CoinMarketCap (CMC) dashboard with accurate and comprehensive details for LUNC and USTC. The proposal seeks to enhance visibility and accessibility for current and potential investors.
As of now, the proposal is close to passing, with over 51% of votes in favor, despite a high 37% abstention rate. Around 215 delegators and 30 validators have supported the initiative. Some members, like validator HappyCattyCrypto, raised concerns about centralization, arguing that key metrics and tools for LUNC are missing from CMC.
The community has approved transferring dashboard access to top validator Allnodes, allowing them to implement changes. The proposed updates will include links to essential resources like Galaxy Finder, Galaxy Station, Terra Classic Documentation, GitHub Repository, and the Commonwealth Forum.
“The updated dashboard will highlight the most relevant and crucial technical resources to support growth, transparency, and community engagement,” the proposal states.
Upcoming v3.3.0 Upgrade
The Terra Luna Classic community plans to implement the v3.3.0 upgrade on December 17, introducing simplified tax handling and increased utility. This upgrade aims to reduce barriers for developers and decentralized apps (dApps) building on the network, enhancing the ecosystem’s overall usability.
LUNC and USTC Price Performance
- LUNC: Currently trading at $0.0001316, down 4% in the last 24 hours. The price remains in a range between the $0.00012 support and $0.00018 resistance levels. A breakout above resistance could trigger a rally similar to XRP’s recent surge.
- USTC: Trading at $0.02437, down 3% amid profit-taking. The 24-hour low and high are $0.02394 and $0.02559, respectively.
As the community focuses on enhancing transparency and utility through updates and upgrades, Terra Luna Classic aims to attract more investors and developers to its ecosystem.
