Terra Classic, also known as LUNC, has been creating buzz in the cryptocurrency market. Recently, the price of LUNC surged by 160%, drawing traders' attention. Several factors contributed to the rise, including the sentencing of Do Kwon and massive token burns. However, experts see red flags in the sudden price surge. Predictions indicate that the LUNC could gradually recover to reach $0.0007 by 2030. Despite a general crypto market decline, LUNC managed an impressive 70% price upswing. Sentiment towards LUNC further increased when news broke of a major upgrade that pushed its price up by 20%. A significant number of tokens have been burned, causing some speculation about whether it's a genuine Luna Classic burn or hoax. Additionally, LUNC was delisted by Kraken, despite a burn crossing 425B. Binance also suspended LUNC, which significantly impacted the crypto business. Despite these incidents, LUNC and LUNA prices rallied into upgrade week, fueled by a surprise blockchain week appearance. The future of LUNC seems unpredictable, due to potential upcoming upgrades, high volatility, and Do Kwon's legal battles. It remains to be seen if Terra Classic can reclaim its previous highs, and whether the recent price rises are sustainable.
LUNC Coin News Analytics from Mon, 20 Jan 2020 02:04:06 GMT to Thu, 29 Jan 2026 08:00:00 GMT -
Rating 2
- Innovation -4
- Information 7
- Rumor 1