These security measures are intended to dramatically strengthen the critical infrastructure. Such action comprises a more thorough upgrading of the core repository, the execution of end-to-end and cross-chain testing, the official launch of a testnet that simulates a functioning mainnet, and the resolution of the bug that may have halted the blockchain.
Nonetheless, community members are quite thrilled about these security measures, while LUNC holders are concerned about the potential negative influence on the price.
Some members of the community believe that futures trading is to blame for the decline in open interest and trading turnover for both LUNC and USTC on derivative marketplaces.
The LUNC price has fallen 6% in the previous 24 hours due to a market-wide selloff, with Terra Luna Classic selling at $0.000131.
On the other side, market sentiment for LUNC futures contracts is bearish, with a negative short-to-long ratio indicating that many traders expect the LUNC price to fall.
