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Terra Rebels warns Terra Classic ($LUNC) community of increasing rug pulls

 


Terra Classic (LUNC) is gaining popularity thanks to the Terra Classic revival roadmap from the Terra Rebels developer group and active community participation. Terra Rebels is keeping the Terra Classic (LUNC) community cautious about the increasing rip-offs and scams claiming to be affiliated with the group. Now, reXx, a member of Terra Rebels, has again warned that Lithosphere and KaJ Labs Foundation are not affiliated with the developer group.


Scams and scams are on the rise amid Terra Classic (LUNC) popularity

reXx, a popular member of Terra Rebels, warned in a  tweet  on October 7 that Lithosphere and KaJ Labs Foundation have no agreement with Terra Rebels. Also, Terra Rebels is not aware why the companies mentioned the developer group in their recently released roadmap about supporting Terra Classic and burning 2.5 trillion LUNC tokens.


“I'm not sure why @SuperLitho and @KaJLabs decided to throw the TerraRebels name in their Medium article, but no such agreement was reached between us and Lithosphere. We never agreed to any announcements. We are in no way affiliated with this company.”


Lithosphere and KaJ Labs Foundation plan to implement Terra Classic support in their Finesse P2E games and burn 2.5 trillion LUNC tokens. However, Terra Rebels members and well-known community members claim that such projects may be rip-offs or frauds.


Recently, reXx also warned about the Baby Luna Classic Rug Pull. Also, Terra Rebels has no affiliation with any projects claiming to be affiliated with the group. He also said that such projects are not even built on the Terra blockchain.


The projects only use the names LUNC and Terra Rebels to attract the attention of the active community. On Monday, the world's largest crypto exchange Binance burned over 5.5 billion LUNC tokens. Projects claiming to burn 1 trillion LUNC tokens are likely scams.


LUNC course is gaining momentum

Terra Classic (LUNC) price gained upward momentum after prices plunged on South Korea's escalating measures against Do Kwon. The rally came after Terra Rebels released the Terra Classic Revival roadmap and Binance released the Burn.


LUNC price could rally again after next Monday’s Binance burn. At the time of writing, LUNC price is trading at $0.00029 and is down almost 1% in the last 24 hours.

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