Hong Kong Virtual Asset Consortium Contemplate LUNC

Coinscreed
Coinscreed

28 Jun 2023 1:38 PM

Hong Kong Virtual Asset Consortium is contemplating adding Terra Luna Classic (LUNC) to its digital asset index, given the chain's...

  • The Hong Kong Virtual Asset Consortium (HKVAC) is considering adding Terra Luna Classic (LUNC) to its digital asset index.
  • The HKVAC has announced an initial list of cryptocurrencies for its market cap index and plans to announce additional indexes with different cryptocurrencies.
  • A member of the Terra Luna Classic community has requested the inclusion of LUNC in the HKVAC's digital currency index.
  • The HKVAC team recognizes the reputation and capabilities of Terra Luna Classic and its connections to Binance.
  • The HKVAC market value index will be published on July 14, and the team is contemplating additional index types and consulting the Terra Classic community.
  • Incorporating LUNC will support the community's revitalization efforts, including upgrades and enhancements.
  • The price of LUNC has decreased by 4% in the past 24 hours and is currently trading at $0.000087.
  • A collapse below the support of $0.000090 may lead to selling pressure and a 10% fall to the next significant support at $0.0000822.

The overall sentiment of the article is neutral. It provides information about the consideration of adding Terra Luna Classic to the HKVAC's digital asset index and discusses the community's efforts to enhance the chain. However, it also mentions the price decrease and potential selling pressure.

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You May Ask

What is the Hong Kong Virtual Asset Consortium contemplating regarding Terra Luna Classic?What is the purpose of the HKVAC market value index?How is the Terra Luna Classic community involved in the decision-making process?What are the current efforts being made to revitalize Terra Luna Classic?What are the support levels for the price of LUNC and the potential consequences of falling below them?

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