Terra Classic’s Price Soars to Nearly $0.0001 Range as LUNC Staking Surpasses $1 Trillion
Terra Classic (LUNC) shows strong recovery with a significant surge in value. Currently, LUNC is trading at $0.0000953, up by more than 4%. This surge represents a noteworthy bounce of almost 12% from the recent yearly lows observed in the past two weeks when LUNC dropped to around $0.0008449.
LUNC Experiences Rapid Spike, Grabbing Attention in the Market
Legal battles intensify in the crypto industry, impacting top cryptocurrencies Bitcoin (BTC) and Ethereum (ETH). The Securities and Exchange Commission (SEC) is cracking down on major trading platforms like Coinbase and Binance, leading to a decline in their value.
Also Read: Terra Classic (LUNC) Surges with Bullish ‘Red-Hot’ Spike of the Week
Despite the ongoing decline in major cryptocurrencies, LUNC stood out by maintaining its positive trajectory. It became the top gainer among cryptocurrencies, displaying three consecutive upward price movements represented by green candles.
After surpassing $1 trillion in staking, Terra Luna Classic (LUNC) experienced significant price changes. On May 13, the price of LUNC surged by approximately 10% and reached a range close to $0.0001, marking a new record high in the past year.
Terra Classic (LUNC) Price Chart (Source: CoinGecko)
Furthermore, Terra Classic has seen a significant increase in its 24-hour trading volume, reaching over $83,508,945, which represents a surge of approximately 70%. The cryptocurrency also boasts a market capitalization of $559 million. These impressive figures reflect a renewed sense of confidence and positive market sentiment surrounding Terra Luna Classic.
Also Read: Terra Classic’s Biggest v2.1.0 Parity Upgrade Proposal Officially Passed, LUNC Soars to $1
Important: This article is intended solely for informational purposes. It should not be considered or relied upon as legal, tax, investment, financial, or any other form of advice.
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