📉🔥 Why did a drop occur in the LUNC currency?
In the past few hours, we have seen a clear decline in the price of LUNC, and the reasons are not just one… but several influencing factors appeared together:
📌 The main reasons for the drop:
Weak liquidity: Weak entry from traders made the downward movement easier.
Natural correction after a previous rise: Some investors took their profits, which caused selling pressure.
The overall market mood is volatile: The entire market is moving without a fixed direction, and this affects low-volume currencies.
Lack of strong news: The absence of new updates from the Terra Classic community makes the movement slow.
But despite the drop, many followers see that LUNC is still at strong monitoring areas and may start to move again if new news or liquidity comes in.
