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Title: The Terra Luna Classic community witnessed a significant milestone with the unveiling of a crucial upgrade to the Terra Classic Wallet. Could this development pave the way for a potential recovery in LUNC price amidst ongoing market pressures?
Key Points:
- Terra Classic Wallet undergoes a much-anticipated upgrade, enhancing functionalities and user experience.
- Developed by renowned LUNC developer StrathCole, leveraging the CosmES Wallet Kit, with UI design by Dawid Skinder.
- LUNC and USTC prices face downward pressure amidst subdued trading volumes in the broader crypto sphere.
The Terra Luna Classic community celebrated a notable advancement as the Terra Classic Wallet received a long-awaited upgrade. The developer shared that this update brings substantial improvements to functionalities, usability, and overall user experience.
The Terra Classic Wallet, crafted by esteemed LUNC developer StrathCole, utilizing the CosmES Wallet Kit, alongside UI design contributions from Dawid Skinder.
Upgrade Details:
Reported by the wallet’s development team, the Terra Classic Wallet has been upgraded from version v0.0.1 to v0.0.22, offering users an alternative to the Station wallet with enhanced features and usability. However, it’s worth noting that the wallet remains in its early stages and necessitates further enhancements.
An advisory notice accompanies the update: “This is an early version of the app. It is not feature-complete. Please use it at your own risk and be aware that there may be bugs and issues.” Users encountering bugs or issues are encouraged to report them on GitHub.
The team highlights numerous new functionalities and general improvements within the Terra Classic Wallet. Additionally, recent UI enhancements to the Explorer aim to bolster the wallet’s usability.
Furthermore, developers behind Terra Luna Classic, including Genuine Labs, are actively working on forthcoming updates to augment the chain’s capabilities and foster utility.
Potential Price Movement:
Despite signs of recovery in Terra Luna Classic ecosystem tokens driven by increased trading volumes in recent days, prevailing negative sentiment across the crypto market continues to exert pressure on altcoins.
Over the past 24 hours, LUNC price experienced a decline of over 2%, currently trading at $0.0001042, with the 24-hour high and low at $0.0001031 and $0.0001070, respectively.
In the derivatives market, selling pressure in 1000LUNC futures on Binance and Bybit offset buying interest in LUNC futures on other crypto exchanges. While derivatives trading activity suggests heightened interest, LUNC price must surpass the $0.00012 resistance level to potentially rally towards $0.0002.
Meanwhile, USTC price also dipped over 2% within the last 24 hours, with the current price at $0.0215. The 24-hour low and high stand at $0.0204 and $0.0231, respectively, with a slight decrease in trading volume observed over the same period.
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