Terra Classic ($LUNC ) is surging as a top performer on Binance, with a staggering 86.82% increase over the last 24 hours, elevating its price to around $0.000062. The token, the legacy chain of the collapsed Terra ecosystem, is riding a wave of renewed speculative fervor following a breakout from multi-month consolidation, bolstered by a 0.5% transaction tax mechanism, ongoing Binance-led burns reducing circulating supply to 5.55 trillion tokens, and anticipation for the v3.6.0 network upgrade on December 8. This momentum has doubled its market value in under 48 hours amid broader crypto volatility, but traders must remain vigilant for potential pullbacks given its history of sharp reversals and limited fundamental revival.

LUNC

0.00004571

-26.73%