🚀 LUNC is back in the spotlight: What is behind the sharp rise of Terra Classic?
The Terra Classic token ($LUNC ) shows strong dynamics, demonstrating double-digit growth in the last 24 hours and returning to the top of discussions. After a long period of silence, the coin is making the market talk about it again.
Let's figure out what fundamental and speculative factors are pushing the price up right now. 👇
🔥 3 main reasons for growth
Aggressive burning (Burn Mechanism)
The crypto community and Binance continue to reduce the supply of tokens. Recent data shows massive burns (hundreds of millions of LUNC per week), creating a 'supply shock' effect. The fewer coins in circulation with increasing demand, the stronger the pressure on price.
Upcoming network upgrade v2.18
Important technical factor: A major upgrade of the Terra Classic network is scheduled for December 8, 2025.
Binance has already confirmed support for this upgrade.
Important: In connection with this, the exchange will temporarily suspend deposits and withdrawals in the Terra network. Trading will not be halted.
Explosive growth in volumes and social hype
Spot trading volumes have increased by hundreds of percent. This is a classic sign of renewed interest from retail investors and major players reacting to viral news and social media activity.
📊 What does a trader need to know right now?
Volatility: Before the network upgrade (December 8), sharp price swings in both directions are possible. Be cautious with leverage.
Support levels: Watch if the price can hold above the key resistance zones that were broken during this rally.
Sentiment: The Fear and Greed Index for the asset is in the 'extreme interest' zone, which often precedes either a continuation of the rally or a local correction.
📢 Your opinion?
Is this the start of a new long-term trend for $LUNC or a short-term pump before the network upgrade?
👍 — To the Moon!
🤔 — I will take profits.
Disclaimer: This post is not financial advice. Always do your own research (DYOR) before investing.
#LUNC #TerraClassic #Binance #CryptoNewss #LUNCBurn
