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Do Kwon’s departure from Terra and Terra Classic has sparked optimism and unity within the community, as control of the projects shifts towards a decentralized, community-driven model.
As highlighted by Crypto News Portal, although Do Kwon has stepped back, his influence remains through the community-driven support for $LUNA, $LUNC, and $USTC. Consequently, those who hold the most coins will have substantial influence over the future of these projects. Binance, a steadfast supporter of both Terra and Terra Classic, is well-positioned to take a leading role.
A clean page will open in Do Kwon. As a member of the community in Do Kwon, he can support Terra and Terra Classic chains.
— Crypto News Portal (@TerraNewsEN) June 13, 2024
We don't think Do Kwon will be pulled back completely.
It is not forbidden to take #LUNA, #LUNC and #USTC. It is not prohibited to provide support for… pic.twitter.com/qNeBDbT5CN
Binance’s unwavering support has been instrumental in sustaining the Terra Classic chain. The exchange has consistently backed $LUNC through burns, highlighting its commitment to the community. Additionally, Terra boasts a team of talented software developers and dedicated teams ready to drive growth in the crypto world.
The potential within the Terra Classic side is immense, and Binance’s involvement further amplifies this. Their ongoing support, especially in the form of $LUNC burns, is pivotal. Moreover, Terra’s developers are poised to harness this potential, aiming for substantial returns. The combination of intelligence, talent, and support creates a unique opportunity for Terra Classic.
The Terra Classic and Terra communities will now be one punch.
— Crypto News Portal (@TerraNewsEN) June 13, 2024
Those who carried #LUNA were Terra Classic investors.
▪️On the Terra Classic side, there was a great potential. Binance is leading this potential and supporting it with #LUNC burns.
➖Terra also has great software… pic.twitter.com/SWCE1inJL3
In a space where media presence and support are crucial, $LUNC and $USTC stand out. Their advertising power is second only to Bitcoin. Consequently, unity among communities is vital. A united front will ensure a stronger, more resilient Terra ecosystem.
Significantly, Terra’s previous management has stepped down, handing over control to the community. This transition allows for a more democratic approach to project development.
With court pressures on $LUNC and $USTC lifted, there’s a renewed optimism about the future of these coins. In the right hands, $USTC has the potential to become the market’s leading stablecoin, thereby supporting $LUNC and $LUNA effectively.The Terra Classic price at presstime, stands at $0.000102, with a 24-hour trading volume of $37,114,978, up by 1.33% in the last 24 hours.
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