After
weeks of flat, low-volume trading, the breakout came in 1 concentrated
move: volumes jumped more than 10x within a few candles, and the price
moved almost uninterrupted from ~0.000028 to ~0.000056.
The rally, however, was driven by market structure rather than a fundamental shift:
📌 on-chain activity remains weak: Terra Classic’s DeFi TVL remains below $1M, and activity across the ecosystem is still minimal;
📌 the timing also aligns with a brief rotation into high-beta, distressed assets this week - FTT showed the same pattern.
The
price swing reflected temporary demand hitting shallow books, not a
revival of the Terra Classic ecosystem. Similar spikes have occurred
before, typically fading once speculative flow cools.
🚨
And looking ahead, the upcoming Dec 11 sentencing of Terra founder Do
Kwon may bring another wave of attention, but it does not alter the
chain’s economic reality.
But for now,
$LUNC’s move only signals volatility - not a real comeback.
#BTC PriceAnalysis#WriteToEarnUpgrade #altcoins inSeason# #LUNC



