- At the time of writing, LUNC is at $0.0003, down 17% in the last 24 hours.
- Today, at 9:00 am, it is trading at $0.0003559, quite bullish, with a single target of 0.001 before LUNC burns out.
At present, Terra Classic (LUNC) is trending. Since people believed that the fall of coins would disappear, there has been a boom in the past few days. Today at 9:00 am it is trading at $0.0003559 which is very bullish and expected to reach 0.001 before LUNC burns out.
LUNA, the new token from the Terra blockchain that plunged dramatically in May, is back on the ground, dropping by 33% on Monday after rising last week. Trading reached an all-time high of $7.60 on Friday.
The second version of the LUNA, built after Terra’s implosion in May, led to a loss of $60 billion. Officials are looking at associated Terraform Labs and co-founder Do Kwon for alleged fraud.
LUNC LATEST UPDATE
The original Terra blockchain launched as Terra Classic, and its price – the former LUNA, now Luna Classic (LUNC) – also dropped after a week-long rally. According to CoinMarketCap, the price of Terra Classic is $0.0003 at the time of writing, down 17% in the past 24 hours.
Last week, Howard Greenberg, a crypto coach at Prosper Trading Academy, stated that Terra Classic’s price hike makes it look like a “meme coin at the moment.”
Since Terra Classic is having both bearish and bullish days, it is still trending and trading well in the cryptocurrency market.
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