The price movement of Terra Classic (LUNC) including TerraClassicUSD (USTC) managed to surprise the Terraform Labs (TFL) community by climbing over 6% and making a 24% increase in the last 24 hours after a long period of silence due to the falling crisis it faced.
The following reaction reportedly occurred after TFL moved "Terra Station" to the new "Station" wallet to achieve its main objective, which is to further develop decentralized with the result of an agreement with the Terra Feather/Alliance chain.
TFL also asked for help from the Terra Rebels developer group to implement some new changes related to Layer 1 of the LUNC network so that the Station is compatible with its system that supports Cosmos.
However, the Terra Rebels community refused to lend a helping hand as they not only intended to separate from TFL and Do Kwon, but encouraged the LUNC community to move to Rebel Station.
Emphasized by Terra Rebels, they will focus more on Rebel Station in making TerraCVita developers among the groups that develop Terra Station from today.
Generally, Terra Station and Rebel Station are still working as usual after there was a network outage due to the 1.0.4 upgrade failing to update the LCD when reopening the Inter-Blockchain Communication (IBC) channel.
As of this writing, the price of LUNC jumped more than 6% at the 0.00017 zone in the last 24 hours while USTC was able to achieve 20% at $0.0001737 even though the Chief Executive Officer (CEO) of FTX, Sam Bankman-Fried was informed to be involved in the Terra-LUNA crisis.
Meanwhile, the price of Terra (LUNA) advanced 5% in the last 24 hours with the current price trading at $1.64.