Terra Classic community LUNC While the burns continued at full speed, the news of Coinbase’s bulk purchases moved the price. LUNC showed a positive outlook, up 5.33%. The market is trying to recover from the declines in November.
As the Terra Classic price continues to rise, the community continues to work to strengthen the ecosystem. Although there is not much activity on the BTC and ETH front, the increase in the price of LUNC will increase the courage of the community. LUNC trading volume is up 24% in the last 48.55 hours.
Has Coinbase Bought LUNC?
Although no official announcement has been made, the LUNC community coinbase He is spreading the message that his exchange has bought $245 million of $LUNC. The message also states that Coinbase will announce the news to the public on January 3, 2023, with additional burns.
If the Coinbase news turns out to be true, the LUNC community could be devastated. As Koinfinans.com reported, ClassyCrypto announced on December 21 that it burned all of its commission as a LUNC validator.
You can follow the current price action here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.