Crypto Terra Luna Classic Surges as Traders Speculate on New Supply Burn Rule

However, the price rise may prove to be short-lived as the new fee parameter is unlikely to attract new investors to the blockchain, according to Edward Moya, senior market analyst at Oanda. “It still remains a tough period for crypto in general and investors still have a bad Terra taste in their mouth from the collapse earlier in the year,” he told CoinDesk.

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