lunc

LUNC surprised the market with a sharp move in the last day. The token gained more than 90 percent at the time of writing, which made it one of the top trending assets on CoinMarketCap. This is the second strong day in a row and investors are trying to understand what is driving the sudden strength.
A major part of the renewed attention comes from the upcoming court decision for founder Do Kwon on 11 December. He has already pleaded guilty to fraud linked to the LUNC collapse. News like this usually puts pressure on the price, yet the market reacted in the opposite direction. This has created confusion among traders who expected a more cautious mood.
Short liquidations added fuel to the move
Along with the rise in interest around Do Kwon’s case, short liquidations played a major role in the rally. LUNC pairs saw the largest liquidation of short positions across the market, even higher than Ethereum and Bitcoin during the same period.
CoinGlass data showed more than 1.47 million dollars in short positions wiped out within one hour and more than 5.19 million dollars over twelve hours. This was around ten percent of all short liquidations across the market. LUNA, the newer token created after LUNC was abandoned, also appeared on the charts, although it did not see the same spikes in volume.
Burn activity increased
On-chain activity also helped support the rally. Weekly burned tokens crossed 427 billion LUNC. For the day, more than 84 million LUNC were burned. The previous day saw more than 691 million tokens removed from supply. The largest burn amounts so far this month came on the first and fifth of December with more than 600 million tokens destroyed on each of those days.
Terra Form Labs accounted for about 58 percent of the total burns. The combination of burns and liquidations helped push the price higher.
Can LUNC maintain the move
On the four hour chart, LUNC broke out of a descending trend channel after more than a month of consolidation. Buyer strength was visible. MACD bars were firmly green at the time of writing. The Cumulative Volume Delta was more than 41 million dollars in favor of buyers and continued to climb.
Across the last two days, LUNC moved from 0.00002739 to 0.00007088 which is a gain of more than 157 percent. Sellers have started to push back near the same level that acted as resistance in July at 0.00007088.
For the positive momentum to continue, buyers need to keep control and avoid slipping back under the recent breakout. The price has only just moved above the broader bearish structure that has been in place since late February. This means the market could still respect the bear zone and slow down the move.
Final thoughts
LUNC’s strong jump came from a mix of factors that include short liquidations, higher burn activity, and increased attention around the upcoming ruling on Do Kwon. The price can hold its direction only if buyers stay in charge and prevent a deeper pullback.
#cryptonews #lunc $LUNC #cryptoinsights

The Terra Classic community is witnessing one of its strongest momentum shifts in months. While the market continues to debate whether $LUNC can reclaim the $1 dream, the charts are quietly revealing a different story — one of rising strength, renewed confidence, and aggressive accumulation.

Over the past sessions, $LUNC delivered rapid green surges, signaling that buyers have stepped in with conviction. This is not random volatility — this is structured momentum powered by smart money positioning early.

Key Signals Driving the Move

✔️ Buyers firmly in control
✔️ Momentum accelerating faster than expected
✔️ Strong inflows from strategic wallets
✔️ Bullish structure forming on higher timeframes

Just yesterday, many traders positioned themselves ahead of the move — and today, they’re already seeing results. But what matters now is focus. Market psychology plays a huge role during explosive phases like this.

This Is NOT the Time to Panic

Corrections are normal. Pullbacks are healthy. What truly matters is the macro trend, and right now,
$LUNC still appears primed for continuation.

A strong surge followed by a controlled cooldown often sets the stage for the next breakout leg — and LUNC’srecent price action is aligning perfectly with that pattern.

What’s Next?

If momentum continues and buyers maintain pressure, the next wave could be even more aggressive than the one we just experienced. The community remains energized, liquidity is growing, and technical indicators are leaning bullish.

For now, stay sharp, stay committed, and monitor the next breakout zone closely.

Current Price: 0.00004775
24H Change: -12.8%

#LUNC #TerraClassic #CryptoRally