Despite its declining utility, investors in Terra Classic (LUNC), the original chain of the defunct Terra (LUNA) token, remain bullish on the digital asset.
Despite the current bearish market conditions, the token appears to be on a bullish upward trend.
According to CoinMarketCap data, LUNC currently has a market capitalization of $965.68 million, an increase of $73.49 million from $892.19 million on November 29.
As a result, short-term buying pressure has influenced the value of LUNC, which was trading at $0.00016 at press time, up more than 2% in the last 24 hours.
The weekly chart shows that the token has increased by more than 8%.
I am a dedicated crypto and blockchain content writer who is vision-oriented, diligent, smart, and self-motivated. I have over a decade of self-writing experience and five years of experience as a professional writer. I hope to inspire other women into this ever-evolving field.
Related posts
Turnkey Raises $15M Series A to Revolutionize the Crypto User Experience
Staking on Bitcoin, SatoshiDEX Staking for Presale Investors is now Live
