There has been growing bullish sentiment around Terra Classic’s LUNC token lately, with some prominent voices arguing that LUNC may not be as “dead” as some have suggested.
Dr. Muhammad Zaheer Awan, a YouTube personality who goes by @zaheerawan, noted that crypto exchange Binance continues to burn LUNC supply and supports innovation on the L1 blockchain to “delete zeros.”
Doge2014 raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!
Show more +Similarly, Twitter user Mr. Diamondhandz1 (@MrDiamondhandz1) pointed out that LUNC saw a massive 700% surge in 24-hour trading volume, hitting $135 million. The token has outperformed every other top 100 crypto in terms of 24-hour percentage change.
Mr. Diamondhandz1 believes this shows LUNC has life still, given Binance’s continued burns to reduce supply. He suggests investors should pay attention before “getting left behind.”
The bullish observations from Dr. Awan and Mr. Diamondhandz1 indicate there may be growing community support behind reviving LUNC after its dramatic crash last year. With key players like Binance lending support, perhaps LUNC can mount a phoenix-like comeback in 2023 against the odds.
You may also be interested in:
- Why Is Arcblock’s ABT Surging? How Much Would $1000 Investment in the Token Be Worth at $1 Billion Market Cap?
- If Cardano Mirrors the 2020 Path, Here’s When ADA Might Peak
- Solana (SOL) Holder Moves Over 50 Ethereum (ETH) Into Revolutionary Pushd Presale Which Is Now Still Only $0.08
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
