bullish

Terra Classic

Bitcoin

Terra

Coin

<ul class="wp-block-list news-points"> 
 <li>Terra Luna has surged over 12%, marking a 45% recovery from last week’s low.</li> 
 <li>Terra Classic (LUNC) has increased by 24.5% in 24 hours, achieving a 58.68% rebound in seven days. </li> 
 <li>Analysts predict significant future gains for LUNC, with projections of a potential 570% price surge. </li> 
</ul>   
Terraform Labs’ two struggling projects, <a href="https://coinedition.com/terra-luna-classic-considers-raising-burn-tax-to-boost-token-value/">Terra Classic (LUNC)</a> and Terra Luna (LUNA), are making a notable comeback in the crypto market as sentiment turns bullish compared to last week’s turmoil.   
Today, LUNA has surged by over 12%, climbing from an intraday low of $0.3252 to a daily high of $0.3643. On August 5, LUNA was valued at $0.2513 when Bitcoin dropped to $49K. With Bitcoin now back in the $61K range, LUNA has also experienced a significant recovery, reclaiming the $0.36 price level. This indicates that LUNA has rebounded by approximately 45% from last Monday’s low.   
However, Terra Classic (LUNC) has shown even more impressive gains. In the past 24 hours, LUNC has increased by 24.5%, rising from an earlier low of $0.0000705 to an intraday high of $0.0000878. At press time, LUNC continues to hold these gains, remaining in the $0.00008 price range.   
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfVigii3FcTT1VVq3pdDVaI5TjO_y8vwOqQdfPo7qX5kMXbtn2zpD-1clcwQfg7YXO3IT8G6XmKNk4oSf59b7SANxlLDNDO2tVo8dF7BosIX00k8-oB8VRiHijaXxA7QXN60E3yioVFFLYTBRwbYf6End4?key=7s8-sPkZR6lq0SKr2NfLpw" alt="">
</figure>   
Notably…
The post <a href="https://coinedition.com/is-terra-classic-staging-a-comeback-lunc-achieves-a-58-68-rebound-in-days/">Is Terra Classic Staging a Comeback? LUNC Achieves a 58.68% Rebound in Days</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Is Terra Classic Staging a Comeback? LUNC Achieves a 58.68% Rebound in Days

Coin Edition

Other articles published on Aug 11, 2024

Prosperity of the fools? Bitcoin, XRP poised for bull run beginning April 1, 2025: BitBoy

Samsung secures Nvidia approval for eight-layer HBM3E chips

Justin Sun Made a Big Trade After Bitcoin Rebound, Data Shows

CFTC Prediction Market Proposal Now Receiving Fierce Opposition From the Crypto Industry

Tornado Cash Dev Alexey Pertsev Seeks Urgent Legal Funding

Hong Kong to tighten crypto regulations even more

Join our free newsletter for daily crypto updates!