LUNC Price Drops 2.6% Despite Successful Interchain Station Integration

• Terra Classic (LUNC) has been integrated with Interchain Station, according to the lead developer of Terraform Labs.
• The integration will enable seamless communication between different blockchains and provide DeFi developers access to oracle data.
• Despite the successful integration, the LUNC price has dropped by 2.6 percent in the past 24 hours.

The Terra Classic (LUNC) has received a major boost with the successful integration with Interchain Station, according to lead developer Jared of Terraform Labs. This integration will enable seamless communication between different blockchains, which include Osmosis, Juno, and SEI, among others, to propel the Web3 industry. This integration will also provide DeFi developers with access to oracle data from different blockchains.

Jared announced this development via his official Twitter account, but it did not have an immediate positive impact on LUNC price. Market data provided by Coingecko showed that LUNC’s price has dropped by 2.6 percent in the past 24 hours to trade around $0.00016310. Despite this, the long-term impact of Interchain Station is expected to be positive for LUNC price.

The launch of Interchain Station was originally slated for January 12, but was delayed due to technical issues. However, Jared surprised the LUNC community by announcing the launch of Interchain Station roughly 48 hours after the tweet. He also added that more chains will be joining the Interchain Station and a support team will be launched in the next few days.

The integration of Interchain Station is a major milestone for Terra Classic (LUNC) and the Web3 industry. It will enable seamless communication between different blockchains, as well as provide DeFi developers with access to oracle data from different chains. Despite the successful integration, the LUNC price has dropped by 2.6 percent in the past 24 hours. The long-term impact of this integration is expected to be positive for LUNC price.