Terra Rebels Issues a Warning to the Terra Classic ($LUNC) Community Regarding Rising Rug Pulls

Terra Classic (LUNC) is becoming increasingly popular as a consequence of Terra Rebels’ Terra Classic Revival Roadmap and active community participation. Terra Rebels guarantees that the Terra Classic (LUNC) community be careful of rising rug pulls and frauds purporting to be linked with the organisation. Terra Rebels member reXx has advised that Lithosphere and KaJ Labs Foundation are not associated with the developer organization.

Rug pulls and scams are on the rise as Terra Classic (LUNC) popularity develops.

In a tweet on October 7, reXx, a popular Terra Rebels member, warned that Lithosphere and KaJ Labs Foundation have no arrangement with Terra Rebels. Also, Terra Rebels is confused why the business cited the developer group in its previously revealed roadmap about Terra Classic support and burning 2.5 trillion LUNC tokens.

“I’m not sure why @SuperLitho and @KaJLabs decided to throw TerraRebels name into their medium article, but no such agreement between us and Lithosphere was established. We have never agreed to any announcements. We are not affiliated with this company in any manner.”

Lithosphere and the KaJ Labs Foundation want to sponsor Terra Classic in their Finesse P2E games and burn 2.5 trillion LUNC tokens. However, Terra Rebels members and other well-known community members believe that such initiatives are likely rug pulls or scams.

reXx recently issued a warning about the Baby Luna Classic rug pull. Furthermore, Terra Rebels has no association with projects that allege to be linked with the group. He further noted that such efforts are not created on the Terra blockchain.

The projects are basically utilizing the names LUNC and Terra Rebels in order to grab the attention of the active community. Binance, the world’s largest cryptocurrency exchange, torched approximately 5.5 billion LUNC tokens on Monday. Projects offering to burn trillions of LUNC tokens are unlikely to succeed.

The LUNC price is gaining speed.

The price of Terra Classic (LUNC) climbed after decreasing owing to South Korea’s intensifying action against Do Kwon. Terra Rebels presented the Terra Classic Revival Roadmap, and Binance burnt.

After the Binance burn next Monday, the LUNC price may rise once more. The LUNC price is presently trading at $0.00029, down nearly 1% in the previous 24 hours.

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