Terra Classic (LUNC) has shown a nearly 20% increase performance in the last 24-hour period. What are the reasons behind this rise?
With the collapse in May, Terra, which issued a new token with the same name, launched the cryptocurrency LUNA at that time. as LUNC had changed. Approximately 120 dollars LUNC, which has almost zeroed from the levels of the crypto money market, relatively immobile in the last 7-day period $0.000188 to $0.000131 reaching the levels close to 45% experienced an increase.
Some popular social media accounts recently launched Coinbase’s LUNC, the largest US cryptocurrency exchange. claim to list he did. With these claims, LUNC, which started to increase by getting rid of the crypto money market, announced its investors. it made him a little bit happy.
On the other hand, the time of Terra collapse is extra. burning of printed tokens continues. Some LUNC developers have used the controversial “Tax Burn” burning mechanism when it was released. suggested an update and by the community This recommendation was accepted. With this new update, it is estimated that LUNC burns will also accelerate.
According to CoinGecko data, there was a 24-hour period at the time of writing the news. 16.4% increase showing the most valuable first 100 crypto LUNC, the most rising altcoin among the money, at the time of writing from $0.000181 is being traded.
