Chapter 1: The Resurrection of Luna Classic

For those invested in Luna Classic, let's revisit August 26, 2022—the pivotal day when Luna Classic was revived! It was a moment of immense joy for the community.

Luna Classic Logo, Courtesy of Terra.Money. To dedicated Luna Classic investors globally, August 26 is etched in history as a day of celebration and hope. It felt like a beacon of light breaking through the dark clouds of uncertainty that had loomed since the collapse of the Terra Luna ecosystem on May 9. With renewed optimism, the price of Luna Classic skyrocketed from $0.00009 to $0.00059 by September 8—a staggering 500% increase that sent shockwaves through the crypto market!

Graph Courtesy of Tradingview. Indeed, there was much to celebrate! The Luna Classic community defied incredible odds, overcoming the fallout from the Terra Luna collapse and the abandonment of the network by its founder, Do Kwon. Thanks to the selfless efforts of the Terra Rebels team, we found a way to revive our community. We felt invincible!

The Loss of Positive Momentum

However, the tides soon shifted as critics began to sow seeds of doubt. They questioned the intentions of the Terra Rebels team and created a narrative that jeopardized Luna Classic’s future. A significant challenge loomed: the introduction of a 1.2% tax/burn initiative at the exchange level. Instead of aiding recovery, centralized exchanges, primarily Binance, hesitated to implement this plan, fearing a loss of trading volume to competitors—a narrative heavily promoted by skeptics. This refusal severely crippled Luna Classic’s momentum!

Once Binance, the largest exchange, opted not to proceed with the tax/burn initiative, other exchanges quickly followed suit. The aftermath was devastating! Even Binance's CEO, CZ, had to backtrack and extend a lifeline to the Luna Classic community—offering to fund the token burn from trading fees. Nonetheless, the damage was already inflicted.

The Karma Returns

Karma has a way of catching up with those who instigate trouble. It wasn’t long before centralized exchanges began to feel the repercussions of their choices. As the FTX exchange crumbled, crypto investors hurried to withdraw their assets from exchanges globally, only to be met with delays and outright theft. The fallout from FTX has shaken the very foundation of trust that exchanges relied upon.

After revelations surfaced about FTX’s misuse of depositor funds, confidence in centralized exchanges—including Binance—plummeted. Despite the introduction of “Proof-of-Reserves” reports, investors began to abandon exchanges, leading to a liquidity crisis as these platforms struggled to fulfill withdrawal requests.

The collapse of FTX is far from over. Like a cosmic explosion affecting surrounding areas, we can anticipate further institutional failures as investors come to understand that exchanges cannot be trusted. Remember: not your keys, not your coins!

Luna Classic—Stable and Strong!

Nevertheless, amid the chaos that has engulfed the crypto landscape—marked by the downfall of FTX, Alameda Research, and others—Luna Classic remains resilient! Its price has only dipped from $0.00027 to around $0.00016, a commendable feat for an ecosystem still in revival mode!

In fact, the strength of Luna Classic has attracted interest from the Luna V2 ecosystem, which is seeking to merge with it. Such developments were unimaginable when the founders of the V2 community abandoned Luna Classic to its fate!

The Cosmic Road Ahead!

Yet, as a community, we must not become complacent. We need to confront the challenges that lie ahead with wisdom and a cosmic perspective, rather than a profit-driven mindset. We stand at a crucial juncture in our evolution. As I discussed in previous articles like The Last Chance to Save Luna Classic! and Luna Classic—Put Out The Incoming Fire, we must compensate our development teams if we wish to thrive!

It’s astonishing that over a month has passed while the Luna Classic community debates the compensation for the Terra Rebels team, who continue to volunteer their efforts. This isn’t just about money; it’s about the energy and principles that money represents.

If we continue to ignore the true Laws of Money—Trust, Goodness, Reciprocity, Harmony—we risk our own downfall! We must swiftly transform our energy from mere profit-making to fostering Goodness and Reciprocity.

Money and Cosmic Law!

Just as Light embodies Love, money reflects Spiritual Laws—Cosmic Laws that dictate the flow of Value and Consciousness. We cannot extract Value from Nature or beings through deceit and profit-driven motives and expect to create a harmonious reality.

The entire crypto community is being challenged to uphold a higher Truth; one that transcends the mere proof of funds. We seek Cosmic Truth, Honesty, Goodness, and Trust!

Let’s be forthright and compassionate with our development team—Terra Rebels! To do otherwise would seal our own fate!

My Final Thoughts!

Thanks to the Terra Rebels, we have ample reasons to celebrate! They have provided us with a robust ecosystem and the chance to guide Luna Classic toward a promising future.

Let us come together in honesty and mutual respect. We have been gifted Luna Classic by the Terra Rebels; now it’s our turn to reciprocate!

Truth and Goodness—Love—are the guiding lights that will help us manifest the abundant reality we all seek!

Video Description: This video discusses the vital steps that Luna Classic investors must take to prepare for upcoming changes and challenges.

Video Description: Explore the key focus areas for the Terra Luna Classic community to ensure sustainable growth and resilience in the face of adversity.