Why are TERRA CLASSIC's coins pumping?
(1) Renewed Hype OR Redemption Narratives
(2) Technical upgrades and network development
(3) LUNC Supply reduction and token burn
(4) Surge in trading volume and market attention
(5) Sentiments around Founder's legal case
WHAT IT MEANS FOR TRADERS?
Right now the rally looks momentum driven which means high upside and high risk.
If you are watching LUNA, LUNC or USTC short term there may be opportunities but you need to be cautious about volatility and possible sharp reversals.
For long-term investors the lack of new real world utility. Dependence on sentiment or spikes means this could be more speculative than sustainable.
LUNC
0.0000399
+0.65%
LUNA
0.1111
-3.39%
USTC
0.00697
-3.72%