$LUNC Quick Summary#Whale.Alert
The (Terra Classic (LUNC cryptocurrency increased by 33.5%
over the past 24 hours, outperforming the broader cryptocurrency market which declined by 1.14%, and continuing its weekly gains of 36%. Below are the main factors that
contributed to this performance:
1.
Network Update Momentum Positive Impact - Expectations of the impact of update
version 3.5.0 on network stability and burning processes.
2 Token burning driven by major investors Positive Impact) -
Massive transfers led to the burning of 425 million LUNC, which
accelerates the reduction of supply. 3 Technical Breakout Mixed Impact - The price surpassed a key resistance but faces risks of overbought conditions according to the RSI indicator.
