"Investors hope for a positive impact, fearing development is the same."
Terra Classic (LUNC) saw an ascent after Jared, the LUNC community and the link of TrueFlip (TVL), a platform based on blockchain technology implemented a network development that promises lucrative profits.
The LUNC community expressed its excitement when Jared plans to release a new Terra Station Wallet to re-strengthen the ecosystem of digital assets.
It was informed that the launch of Terra's official blockchain wallet has been postponed until January 12 as Jared wants to update the development so that there are no obstacles in the future.
In fact, he mentioned that the interchain* support will take place within 48 hours while there are various developments from Osmosis, Juno, SEI and Carbon wallets.
*Blockchain that connects all SubChains
Not only that, Jared's statement also came when the group of digital asset developers called Terra Rebels faced continuous internal conflicts.
Although new developments are about to happen, the LUNC community has often burned billions of LUNC since last year, where during this period the digital asset has been burned as much as 37.30 million.
Through observation, LUNC yesterday jumped by 3.1% while during the last week it reached around 10.2%, but now the price has decreased slightly by hovering at the 0.000165 zone.
