Here's Why Terra Classic (LUNC) and Terra (LUNA) Prices Fell 10%

Terra Classic ($LUNC) and Terra (LUNA) prices fell more than 10% in the last 24 hours. The Terra Luna Classic community believes that the selloff happened in response to the community rejecting prominent member $LUNC DAO’s proposal to lead the chain and influencer Classy Crypto selling his validator to $LUNC DAO. While it will impact the community’s sentiment, these are not the exact reasons for a selloff.