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It’s a grassroots flame, ignited and stoked by the SHIB Military itself, through apps, video games, merch, and even simply vibes. Kwon had proposed forking the previous Terra chain into a brand new chain that didn’t embrace the algorithmic stablecoin TerraUSD. Tokens from Terra Traditional (LUNC) can be assigned to the old chain, whereas tokens from Terra LUNA might be assigned to the new chain. As the crypto ecosystem grows, so have the unhealthy actors, in search of methods to steal user’s fund,” Phantom stated in a weblog post. With the rapid development of cryptos, cases of hacking attacks and spam NFTs have also increased, it noted.