Why is the Luna coin rising?
The Terra blockchain in an effort to give the ecosystem a new beginning. The stablecoin USTC and its sister token LUNC are hosted on the former blockchain, Terra Classic, which has been rebranded and is still operational. Crypto Terra Luna Classic Surges as Traders Speculate on New Supply Burn Rule. The last-minute developments in the luna coin are curious to those who follow the developments in the crypto money markets. Luna Coin is trading at $0.0003858 as of 12.10 pm. The increase in this coin shocked everyone…
As you know, the Terra Luna coin has attracted attention with its decline in the past months. Experts underlined that there is uncertainty about whether the luna coin can replace the luna coin and whether it can reach those levels.
The price of Luna classic (LUNC), the rebranded native currency of the Terra blockchain that dramatically imploded in May, is increasing as traders wager that a rule that will shortly be applied may give the heavily criticized token some life. According to statistics from the crypto intelligence site Messari, the price of LUNC increased by 22% over the last day and doubled over the previous week. The coin is down more than 99% from the year’s beginning, but it is still only worth a fraction of a cent.
Crypto exchanges supporting luna 2.0
The Terra blockchain in an effort to give the ecosystem a new beginning. The stablecoin USTC and its sister token LUNC are hosted on the former blockchain, Terra Classic, which has been rebranded and is still operational.
