Terra Classic more than doubled in a week, analyst weighs in
The crypto analyst believes Terra Classic could see significant gains still, driven by strategic moves like Terraform Labs' $10 million liquidity injection.
Keep up with what's happening in the crypto world in real-time.
The crypto analyst believes Terra Classic could see significant gains still, driven by strategic moves like Terraform Labs' $10 million liquidity injection.
Over the last week, both bitcoin and ethereum experienced significant upticks, with increases of 13% and 10% respectively. Meanwhile, an array of other cryptocurrencies achieved even more impressive growth during the same period. Notably, terra luna classic (LUNC) surged by 122.5% against the dollar, while the BRC20 token ORDI ascended by 118.3%.
In a savvy move to make the most of the thriving crypto market, Binance, the top cryptocurrency exchange globally, has made an exciting announcement. They're introducing new trading pairs, and one of them includes Terra Luna Classic (LUNC).
Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $41,000 level on Monday. Ethereum (CRYPTO: ETH) also recorded gains, topping the key $2,200 mark this morning.
LUNC, the original Terra Chain ecosystem token rebranded as Terra Classic has had an almost 65% price increase in the last 24 hours.
Terra Classic, known as $LUNC, has been experiencing a positive trend in the last few weeks. This cryptocurrency, originating from the original Terra LUNA coin after a series of changes in the Terra chain, has shown consistent upward movements for at least the past three months.
Terra Classic ($LUNC) has been on the rise for the past few weeks. The cryptocurrency, which is the original Terra LUNA coin remaining after the UST/Luna collapse followed by the setting up of a new Terra chain, has shown bullish trends for the past three months at least.
Terra Classic's bulls were controlling the market at press time. Whales' USTC holdings increased, but its Social Volume dropped.
With the Christmas festive season approaching, there is typically an upswing in investor interest in the cryptocurrency market as many seek promising opportunities to attain substantial returns.
In a strategic move to capitalize on the booming crypto market, Binance, the world's leading cryptocurrency exchange, has announced the addition of new trading pairs, including the much-anticipated spot trading pair, LUNC/TRY. This revelation comes amid a remarkable surge in Terra Classic (LUNC) values, witnessing an impressive surge within the last 24 hours.
LUNC's upward journey started on November 26, showing a notable 28.50% increase in a single day. Interestingly, Terra Classic stood out during this time, as Bitcoin (BTC) and the overall cryptocurrency market experienced a slight decrease in prices on that particular day.
The crypto market has started the month with a bullish momentum, as evidenced by the ongoing surge in the prices of digital assets, providing investors with opportunities to look for the best cryptos to buy now. Meanwhile, several analysts believe that the recent rally is due to optimism over potential Bitcoin Spot ETF approval, upcoming
Terra Classic (LUNC) is leveraging the ongoing market-wide momentum to register massive gains. The upward trajectory for LUNC began on Nov. 26, marked by a significant 28.50% intraday gain.
The crypto market has recorded a massive jump in its valuation as major tokens have added significant value to their respective portfolio recently. Further, Bitcoin price crosses the $40K mark, highlighting a bullpower in the crypto space. On the other hand, Terra tokens have outperformed top cryptocurrencies, following the news of revamping the USTC.
Initially experiencing a momentary dip after an impressive intraday climb, LUNC reflected a 26.54% surge, reaching $0.0002388 at the time of reporting. Over the past week, the token has showcased an astounding surge of 110%.
The crypto prices today have noted strong gains with most of the major cryptos advancing, reflecting a positive sentiment in the market. Meanwhile, December has brought positivity to the cryptocurrency market, marked by an improved sentiment contributing to gains across various digital assets.
The crypto world has come to life once again, with the collapsed TerraClassicUSD (USTC) and Luna Classic (LUNC) on the rise.
This week, Terraform Labs' Terra Luna Classic (LUNC) and TerraClassicUSD (USTC) have recorded gains of over 130% and 235%, respectively.
Story Highlights The live price of LUNC is . Terra Classic price is expected to reach as high as $0.00020 by the end of 2023. LUNC price could surge to a maximum of $0.00212 by the end of 2030. One of the biggest disasters the industry could ever face.
Terra Classic Price Prediction: In the recent two weeks, Terra Classic (LUNC) has notably outperformed the broader market, recording impressive gains. This surge in momentum was further fueled when its sister token, the Stablecoin USTC, showed a massive rally in its attempt to regain the $1 benchmark.
With the leading cryptocurrency Bitcoin surging above the $38000 weekly barrier, a sentiment of recovery continuation has spread across the market. Amid the positive sentiment, the below token has shown the highest growth in the top 100 coins, positioning them into further growth potential as bullish momentum strengthens.
In a recent breakthrough, the Terra Luna Classic community came together to pass a pivotal proposal—11890 ‘Upgrade to v2.3.2'. The proposal aimed at addressing a sequence mismatch issue that had been plaguing some validators within the ecosystem.
In a whirlwind of activity within the cryptocurrency sphere, Terra Classic (LUNC) has emerged as a standout performer, capturing the attention of investors worldwide. The token's meteoric rise in late November, buoyed by a wave of positive sentiment and driven by the surge in the USDT stablecoin, has propelled it to heights not witnessed in 8 months.
Few names have sparked as much intrigue and controversy as Do Kwon (sometimes called Kwon Do). From the meteoric rise of Terra Luna to its sudden and tumultuous downfall, Do Kwon has become a figure of significant interest and speculation.