Terra Classic Coin Analysis: What's Ahead for $LUNC After 15% Drop?

Terra Classic Coin Analysis: On August 15th, the Terra classic coin witnessed a massive sell-off, recording the lowest value of the day at $0.00006003. It is likely the recent market downturn was triggered by the collective decision of the LUNC community to decline the proposal put forth by prominent member LUNC DAO, aimed to place them in a leadership role within the chain. Amid this downfall, the coin price plunged below the lower trendline of a falling chart setup indicating the coin holders may face further downfall.