【LUNC and LUNA significantly rise leading the market, possibly related to the increased potential of SBF being pardoned】If it can be released, isn't there a possibility of a big rise?
According to HTX market information, LUNC has risen 70.3% in the last 24 hours, with a current market value of 342 million USD; LUNA has risen 38.2% in the last 24 hours, with a current market value of 131 million USD. The rise of LUNC and LUNA may be related to the market's belief that the potential for FTX founder SBF to be pardoned has increased. LUNC (Luna Classic, formerly LUNA) is the native token of the Terra Classic chain (formerly the Terra main chain), which was renamed after the LUNA crash in May 2022 triggered a deep bear market. LUNA (the new version of Terra's token) is the native token on the Terra 2.0 chain, reissued through community proposals after the LUNA crash in May 2022. In 2022, the UST de-pegging caused the price of LUNA to plummet from 80 USD to nearly zero, with a market value evaporation of about 45 billion USD, marking one of the largest crashes in crypto history, with FTX trading platform and Alameda Research founder SBF suspected of manipulating this crash. Recently, SBF has been vocal after a fellow inmate was pardoned, indicating the potential for his own pardon.
$1000LUNC
