$LUNC is currently trading around $0.0000620.

In early December, LUNC saw a sharp surge — up 30-50% within a few days, recovering from months of quiet trading.

The rally has been driven by a mix of technical signals, rising trading volume, community hype, and renewed interest following a recent network upgrade.

🔥 Key Drivers Behind the Move

Aggressive token burns: Over the past week alone, around 849 million LUNC tokens were burned — part of ongoing efforts since 2022. This reduces circulating supply and is seen by many as a catalyst for potential upside.

Network upgrade & exchange support: The protocol recently underwent an upgrade, with support from major exchanges, which boosted confidence and revived some technical interest.

Community sentiment & hype revival: A social-media / community-driven wave — partly nostalgia from the past (the legacy of Terra) — helped reignite interest, attracting some speculative demand.

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