$LUNC Three days before the verdict on Do Kwon, LUNC market trends with rising prices and volume Three days before the verdict on Do Kwon, Terra Classic (LUNC) is receiving significant attention in the cryptocurrency community. Many are talking about LUNC due to several important events occurring simultaneously, which has helped to bring the project back into the spotlight.
Here are the important events happening as the case approaches its final decision:
During the Binance Blockchain Week in Dubai, a CoinDesk reporter took the stage wearing a shirt with the LUNC logo. This moment spread widely in the cryptocurrency community.
LUNC Token Surges 95% Amid Record Burns, Major Binance Support, and Network Upgrade Momentum Terra Luna Classic (LUNCUSDT) has surged by 95.34% in the past 24 hours, currently trading at $0.00005780 on Binance, with a significant rise in trading volume
and a market cap of approximately $275 million. This sharp price movement is primarily attributed to increased token burns-over 849 million LUNC burned in the last week and over 426 billion cumulatively, with Binance as the largest contributor-alongside heightened market activity due to anticipation of Terra founder Do Kwon's sentencing, and positive sentiment
around Binance's support for the upcoming network upgrade. The token's breakout above key technical
levels and expanded trading options, such as the newly added LUNC/TRY pair, have also contributed to the .renewed interest and volatility seen in the asset
$LUNC Quick Summary: Terra Classic (LUNC) is experiencing significant fluctuations due to burning operations, updates, and changes in trading platforms. Here are the latest developments:
1 Price Increase and Burns (5) December 2025) - The price of LUNC increased by
51 in 24 hours amid intensive burning and upgrades
supported by Binance.
2 Network Update Support (8) December 2025) - Binance
halted deposit and withdrawal operations to support an update aimed at stabilizing
the Terra Classic network.
3 Removal of LNC from OX (29) September (2025) - The platform
removed trading pairs for LUNC due to related concerns.
seems to be heading towards the strongest resistance at 5000. If it goes above 5000, we can talk about very different things, but I think for now, closing the day above 3109 will be
.enough
Today I had to make a video about Luna Classic, I will publish a detailed analysis in
The (Terra Classic (LUNC cryptocurrency increased by 33.5%
over the past 24 hours, outperforming the broader cryptocurrency market which declined by 1.14%, and continuing its weekly gains of 36%. Below are the main factors that
contributed to this performance:
1.
Network Update Momentum Positive Impact - Expectations of the impact of update
version 3.5.0 on network stability and burning processes.
2 Token burning driven by major investors Positive Impact) -
Massive transfers led to the burning of 425 million LUNC, which
accelerates the reduction of supply. 3 Technical Breakout Mixed Impact - The price surpassed a key resistance but faces risks of overbought conditions according to the RSI indicator.
$LUNC $LUNC Yes, the person in question is "Chimein Qian" (media known as the "Queen of Bitcoin"), who was involved in the largest cryptocurrency fraud case in the UK, where approximately 61,000 Bitcoins were seized from her, valued at nearly $7.3 billion. She was sentenced to 11 years and 8 months in prison. - Name: Chimein Qian, of Chinese nationality, 47 years old. - Media nickname: "Queen of Bitcoin" or "Queen of Crypto". - Case: She led a fraudulent scheme between 2014 and 2017 that targeted over 128,000 people in China, convincing them to invest in a fake cryptocurrency project. - Amount stolen: Approximately 61,000 Bitcoins, valued at around $7.3 billion at the time of sentencing. - Investigation: Lasted 7 years, ending with the seizure of cryptocurrencies, as well as jewelry and luxury watches she had purchased with the stolen money. - Judicial ruling: 11 years and 8 months in prison in the United Kingdom, one of the largest sentences related to cryptocurrency fraud there. - Her partners: Among them is a person named "Sing Hok Ling", who was sentenced to 4 years and 11 months for his role in money laundering. Importance of the case#Whale.Alert #BTC This operation is considered the largest seizure of cryptocurrencies in UK history. - It highlighted the dangers of pyramid schemes in the crypto world, where investors are lured with huge returns only for the network to collapse suddenly.
$LUNC The true catastrophe day for LUNC (Terra Classic) was in May 2022, specifically between May 10 and 16, which was the week that witnessed a historic collapse in the price of the currency and a loss of trust in the entire project.
š Details of "LUNC Catastrophe" - On May 10, 2022, the price of the currency was around 68 dollars, but within a few days it collapsed to less than 0.01 dollars. - The main reason was the loss of the stablecoin UST's peg to the dollar, which led to the collapse of the entire ecosystem. - The trading volume during those days was very huge, exceeding 15 billion dollars on some days, due to panic and mass selling.
š„ What happened afterwards? - A new network was launched called Terra 2.0, while the old network became known as Terra Classic (LUNC). - The community started "coin burning" campaigns to reduce supply and try to save the project. - Despite everything, LUNC remained active and traded, but it became a symbol of high risk and speculation.
š§ The lesson from the LUNC catastrophe - There are no guarantees in the world of cryptocurrencies; even large projects can suddenly collapse. - The importance of understanding the technology and economic system behind each coin before investing. - The necessity of risk management and not putting all capital into a single asset.
Network upgrade v3.5.0 (August 15, 2025) ā Security improvements and reactivation of the market module.
Reactivation of the market module (Q3 2025) ā Stabilizing LUNC-USTC dynamics on the network.
SDK verification 50.13 (Q3 2025) ā Enhancing compatibility with the Cosmos network.
1. Network upgrade v3.5.0 (August 15, 2025)
This upgrade focuses on improving transaction speeds, incentivizing validators, and enhancing security through improvements in CometBFT and Wasmvm. A core feature is the reactivation of the market module, which aims to automatically stabilize liquidity pools between LUNC and USTC. Binance has confirmed its support for this upgrade, pausing deposit and withdrawal operations during the update (source).
This is considered positive for LUNC as it may reduce volatility and enhance its use in decentralized finance (DeFi).
2. Reactivation of the market module (Q3 2025)
There is a governance proposal to reactivate the original market-making logic in Terra Classic, which is currently under voting. If approved, this will automate LUNC-USTC exchange operations with the aim of reducing price deviations. Experiments are being conducted on the network.
This situation is neutral for LUNC in the short term, as success depends on validator consensus and liquidity availability post-launch. Previous upgrades have seen increases ranging from 180% to 320%, but a failed vote could halt.
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