What is Terra Classic?
Terra Classic is a blockchain that is just a shadow of its former self after Terra Luna’s stablecoin USTT de-pegged and vaporized over $60B in user assets overnight. As a result, the embattled Luna Foundation forked a new coin and left Terra Classic behind. The original and once very popular blockchain project is now highly diluted in supply. Its active community is fighting to reduce the supply with a burn mechanism.
The chain has received support from blockchain titans like CZ, founder of Binance, who implemented a special burn function on the exchange, forfeiting all trading fees to support the burn of LUNC coins.
Will Terra Classic Reach $1?
The question on many investors’ minds is whether Terra Classic has the potential to reach $1. While it’s most likely impossible for LUNC to ever touch the $1 mark again, there is a slight chance that the community, with the big help of the major exchanges, manages to burn a lot of the diluted supply.
However, it’s important to note that Terra Classic’s comeback is almost impossible to achieve, and holders of LUNC might have to make peace with Luna Classic being irreversibly damaged by the actions of the Luna Foundation.
Avorak AI – Best ICO of 2023 for LUNC holders
Avorak AI is a promising new project that aims to provide advanced AI-backed tools to its users. The project has already raised over $2M in development funds in just a few weeks.
What makes Avorak AI unique is its focus on creating AI-backed trading bots, chatbots, and image-generation modules that are accessible to everyone on the Binance Smart Chain. AVRK, the AI platform’s token powering, utilizes the Binance Smart Chains’ low fees and fast transaction speed.
However, Avorak AI is the perfect vehicle for LUNC supporters to compensate for their losses. The project offers early investors up to a 500% bonus and a 17X guaranteed launch bonus.
Final Thoughts
For LUNC token holders, the Avorak AI ICO presents an exciting opportunity to participate in a promising new project and earn significant returns in the future.
Learn more here:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
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