The LUNC rise is being fueled in part by the excitement surrounding Terra Classic's new token-burning feature and staking service.
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Since September 6th, Ethereum Classic has decreased by 13%, while Cardano's founder Charles Hoskinson advises miners to switch to Ergo. Vitalik Buterin, the founder of Ethereum, promotes the ETC mining community.172
Tom Dunleavy, an analyst, believes that despite the interest of miners, Ethereum Classic is unlikely to have any long-term viability.156
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