Martin Call 🔔

$LUNC went vertical this week - adding almost +50% in a single impulse!

After weeks of flat, low-volume trading, the breakout came in 1 concentrated move: volumes jumped more than 10x within a few candles, and the price moved almost uninterrupted from ~0.000028 to ~0.000056.

The rally, however, was driven by market structure rather than a fundamental shift:

📌 on-chain activity remains weak: Terra Classic’s DeFi TVL remains below $1M, and activity across the ecosystem is still minimal;

📌 the timing also aligns with a brief rotation into high-beta, distressed assets this week - FTT showed the same pattern.

The price swing reflected temporary demand hitting shallow books, not a revival of the Terra Classic ecosystem. Similar spikes have occurred before, typically fading once speculative flow cools.

🚨 And looking ahead, the upcoming Dec 11 sentencing of Terra founder Do Kwon may bring another wave of attention, but it does not alter the chain’s economic reality.

But for now, $LUNC’s move only signals volatility - not a real comeback.

#BTC Price Analysis# #Altcoin Season# #LUNC