Terra Classic (LUNC) is the original token of the Terra blockchain, now governed by its community after the 2022 crash that wiped out its algorithmic stablecoin and forced a network split; it still trades at fractions of a cent with very high supply.
LUNC remains highly volatile, capable of sharp intraday swings and short rallies driven by burn activity, network upgrades, and speculative flows.
Recent price moves show bumps around major events like the Do Kwon sentencing and large token burns, which reduced supply but haven’t eliminated downside risk.
Technically, bulls face resistance near short‑term ceilings while downside remains if volume and broader crypto sentiment weaken.
Supply overhang and low ecosystem activity weigh on sustained rallies, though tokenomics (burns/staking) offer speculative catalysts.
Analysts remain cautious; long‑term recovery hinges on market cycles and tangible adoption rather than isolated price spikes.
LUNC
0.00003661
-3.30%