Terra Classic (LUNC) is currently up 4.02% in the last 24 hours, according to data from Coinmarketcap.
Notably, the token has suffered some adverse developments in the past few days.
Recently, the Korean court declared that Terra Classic (LUNC), the renamed native token of the Terra network that crashed severely last year, is not a security.
There has also been the issue of stolen funds due to the attack on Terraport and the indiction of the co-founder of Terraform and nine others.
Amidst all these happenings and more, it is surprising and exciting to see the price movement gearing up.
Related Reading: Terra Classic: Proposal to Lock up Stolen Funds Submitted
Recent LUNC Price Movement
LUNC’s price has gradually gained over the last 24 hours, with the token beginning around $0.000109.
The token, however, surged over the last several hours and is currently valued at 0.000113 at the time of writing. This is a 4.02% gain within the last hours.
Terra Classic is up 4.02% in the last 7 days: source @coinmarketcap.com
Will this Bullish Trend Continue?
We can’t say if LUNC is now experiencing a bullish trend. However, this price movement shows a new high in a while.
The live Terra Classic 24-hour trading volume is $38,765,606, with a live market cap of $669,111,047.
Watching how this unfolds as the crypto market price increases will be exciting.