Terra Classic

<ul><li>Terra Classic (LUNC) faces a recent 25.20% price drop amid a bearish market, prompting stakers to hastily unstake tokens.</li><li>Despite a sharp decline, LUNC&#39;s staking ratio rebounds to just below 15%, reflecting renewed interest with over 1 trillion LUNC staked.</li><li>Terra Classic shows resilience with a marginal 3.78% decline, while investors closely monitor market indicators signaling a potential uptick in the coming days.</li></ul>In a recent turn of events, investors in Terra Classic (LUNC) have experienced setbacks amidst a turbulent market, with the token witnessing a sharp decline in value over the past few weeks. The bearish market conditions have played a pivotal role in this downturn, causing a ripple effect on the blockchain&#39;s staking ecosystem.LUNC&#39;s price exhibited a significant double-digit drop last week, plummeting by over 25.20%, as reported by <a href="https://coinmarketcap.com/currencies/terra-luna/" rel="noopener noreferrer nofollow">CoinMarketCap</a>. This sudden depreciation likely instilled apprehension among stakers, prompting many to hastily unstake their LUNC tokens.Consequently, the staking ratio of LUNC experienced a decline, reaching a low of 14%. However, the tides soon changed in favor of the token, with the staking ratio rebounding and resting just below the 15% mark.Data from LUNC Metrics <a href="https://www.luncmetrics.com/" rel="noopener noreferrer nofollow">revealed</a> that over 1 trillion LUNC were staked, indicating a renewed interest in the token&#39;s staking mechanism. This resurgence might be attributed to a slight recovery observed in LUNC&#39;s price chart, with the bearish momentum slowing down as the token recorded only marginal losses in the last 24 hours.Read full article at <a href="https://cryptotale.org/terra-classic-lunc-bounces-back-staking-surges-amidst-market-turbulence/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Terra Classic (LUNC) Bounces Back: Staking Surges Amidst Market Turbulence

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2024년 1월 25일에 게재된 다른 기사

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