Terra Classic (LUNC) has been highlight of the cryptocurrency market, with its price showing extreme volatility. Rising by over 160% in a week, the coin rally was influenced by the sentencing of
Do Kwon and a series of token burns.
Binance's suspension of LUNC and its continued impact on crypto businesses also characterizes the market performance. The
price prediction for the cryptocurrency varies, with some speculating it could reach $1 in the future while others forecast a decline orchestrated by a bleak technical price setup. The coin's ongoing journey is marked by a mighty burn of 1.1B LUNC, through a widespread sentiment questioning it as a good investment still prevails. Despite this turbulence, the coin has shown a bullish trend, surging by 100% after a viral t-shirt moment and shocking market analysts.
Upgrade anticipation and increasing inflow rates are also thrusting the coin's value. Various individuals have provided their insights into the ongoing rally, with many expressing skepticism over its price surge, considering the massive volatility as red flags. Others, however, remain hopeful, seeing potential in Luna Classic as it begins voting on major upgrades.
Binance's decision to shut down withdrawals could impact the coin's performance. With the news of
Do Kwon's sentencing, rumors of further price rises are circulating.
LUNC Coin News Analytics from Thu, 06 Mar 2025 08:00:00 GMT to Thu, 29 Jan 2026 20:55:00 GMT -
Rating 5
- Innovation -3
- Information 6
- Rumor -2
