Terra Classic ($LUNC) Revival Roadmap Is Exciting, Former Congressional Candidate Says

Varinder Singh
September 30, 2022
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Terra Luna Classic Community Selects CertiK for Secure L1 Developments

David Gokhshtein, former U.S. congressional candidate and founder of Gokhshtein Media, says the Terra Classic (LUNC) Revival Roadmap is exciting. He has been a LUNC critic for a long time, but his stance seems to be changing as volunteer developers group Terra Rebels release the official Terra Classic (LUNC) Revival Roadmap. Moreover, the group aims to rebuild independence from Terraform Labs and Do Kwon.

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David Gokhshtein Takes U-Turn on Anti-LUNC Stance

David Gokhshtein, former U.S. congressional candidate, in a tweet on September 30 said Terra Rebels’ roadmap for Terra Classic (LUNC) revival is exciting. He has been a LUNC critic for a long time, but his recent tweets indicate his stance seems to be changing.

Gokhshtein Media founder has gone from “LUNC is a lottery with no utility” to “could take a chance on LUNC” in just a month. Terra Rebels and the community reinstated burning, staking, project building, ecosystem education, and governance activities, causing Terra Classic’s price to soar nearly 500% in two weeks. David Gokhshtein commented that LUNC is a lottery and has no utility.

However, his stance seems to have changed after Binance agrees to burn trading fees on Terra Classic (LUNC) spot and margin trades. He even plans to invest $500 in LUNC to see if the claims are right.

Moreover, he raised concerns over the relationship between Terra Classic, Terraform Labs, and Do Kwon. Whereas, Terra Rebels and validators have confirmed that TFL and Do Kwon are focusing on LUNA v2.

With the Terra Classic (LUNC) revival roadmap, Terra Rebels are clear with the plan to rebuild and recover the Terra Classic blockchain and LUNC price. In addition, the group is working to make Terra Classic completely independent of TFL.

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Terra Classic Price Stable After the Release of Revival Roadmap

Terra Classic (LUNC) price jumped after Terra Rebels released the official revival roadmap. Also, the LUNC price seems to be stable despite South Korea’s escalating action against Terra founder Do Kwon.

At the time of writing, the LUNC price is trading at $0.00028, up nearly 3% in the last 24 hours and 5% in a week.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.