LUNC Jumps 34%: Terra Luna Classic Returns to the Spotlight šš
Terra Luna Classic (LUNC) just delivered one of its strongest weeks in months, surging over 34% in 24 hours and climbing 33% this week, turning the charts green ahead of the holidays.
š„ Why LUNC Pumped
āŖļø849M LUNC burned in 7 days
āŖļø426.7B+ tokens burned since 2022 (8% of supply)
āŖļø0.5% tax + Binance quarterly burns keep cutting circulating supply
āŖļøCirculating supply now ~5.55T
āŖļøBinance confirms support for LUNC v3.6.0 upgrade (Dec 8)
āŖļøThe network upgrade will boost security, improve Cosmos chain compatibility, and stabilize the LUNCāUSTC pair. This boosted community confidence sharply ā with sentiment now 86% bullish.
āŖļøTrading volume exploded +682% to $74.6M, showing strong demand as the token climbs its Christmas-tree-shaped chart.
š LUNC Price Targets
LUNC started the week at $0.000026ā$0.000028.
But burns + Binance support flipped momentum fast:
ćBroke out of its month-long downtrend
ćJumped past $0.000030
ćHit $0.0000359 (+33% weekly)
ć
RSI has moved into overbought (76), so a short-term pullback is likely.
Next Targets
šÆ $0.000041
š¢ $0.000045 (if momentum continues)
š Strong support: $0.000030
1T+ LUNC staked supports price strength
š„ Bonus: PEPENODE Presale Buzz
Mine-to-earn project PEPENODE crossed $2.28M in its presale.
Only hours left before the next price increase.
Players can build digital mining setups and earn tokens ā no GPUs needed.
āļø Key Takeaways
LUNC pumped 30%+ on massive token burns
Binance backing the v3.6.0 upgrade boosted trust and volume
Trading volume surged 682%
Bullish momentum strong but may cool briefly.
#LUNC #TerraClassic #CryptoNews #BinanceSquare #Altcoins #BurnMechanism #Binance #CryptoUpdate #MemeCoins #Presale
