#LUNC surged significantly over recent weeks, posting one of the biggest gains in the crypto market — reportedly over 160% within a week, helped by broader market activity and news catalysts.
Price volatility remains high with recent short-term crashes linked to broader market events and legal news around the Terra collapse.
There have also been sharp short-term rallies, with LUNC jumping ~22% in a day recently.
Legal developments around Terra founder Do Kwon (U.S. sentencing pushes) have influenced trader sentiment and price swings.