Terra Classic gains 12% in a day adding $100 million to LUNC’s market cap
After losing momentum in recent weeks, the price of Terra Classic (LUNC), the original chain of the collapsed Terra (LUNA) ecosystem, is recording sustained gains despite the general crypto market consolidating. By press time on December 2, LUNC was changing hands at $0.000182, representing a gain of about 12% in the last 24 hours. Despite starting the week trading sideways, LUNC’s weekly chart shows the token peaked at $0.00019, up a further 14% across the last seven days.Before the latest rally, LUNC price had corrected after the FTX cryptocurrency exchange debacle hit the market. However, the asset’s technical analysis is bullish, with a summary going for a ‘buy’ at nine on the daily gauges. Moving averages are ‘neutral’ at one, while oscillators are for a ‘buy’ at three.
Source
https://t.me/Terra_Luna_Tron
