Token

Burn

Terra

Coin

<ul class="news-points">
 <li>LUNC’s price stabilized above $0.000080 after a 26% monthly decline.</li>
 <li>Binance’s upcoming LUNC burn fuels market optimism despite a dip in trading volume.</li>
 <li>Terra Luna Classic’s staking ratio rises to 14.83% with over 1 trillion LUNC staked.</li>
</ul>
Terra Classic’s LUNC token experienced a notable downturn over the past month, declining more than 26%. According to data from Coinmarketcap, LUNC reached its monthly peak at $0.0001253 before falling sharply to a low of $0.00007334.
Following this dip, the token stabilized, maintaining its position above the $0.000080 support level. The daily chart indicates a slight recovery for LUNC, with a modest increase of 1.67%.
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXe_fTdFmKgNAQST1f5AeSw0gcjKOJ-4nzQp-qBeChrtPFcUTxpCYqxM3zxf7slcrcLK8HJZPV4UgywxxZ3_AJ1jTjYSZQ_prsq517Ju4SmZ4BME8XApMjP09Fa9JmavrDThfYYNdhq-X8JWo_vTp-QHiDqO?key=qRqdgPRvp9XVtsdgwx7NwA" alt="">
 <figcaption class="wp-element-caption">Source: <a href="https://coinmarketcap.com/currencies/terra-luna/" target="_blank" rel="noopener noreferrer nofollow">Coinmarketcap</a>
 </figcaption>
 </figure>
</div>
At press time, LUNC was trading at $0.00008396. Additionally, the token’s intraday market cap surged to $460,930,474, placing it at the 128th spot in market rankings.&nbsp;
This positive turn comes ahead of a significant LUNC burn scheduled by crypto exchange Binance next week, which has infused some optimism into the market sentiment. Despite this, the token’s 24-hour trading volume has dipped by 14.83% to $20,613,785, indicating a waning interest among investors.&nbsp;
Meanwhile, the US…
The post <a href="https://coinedition.com/lunc-token-eyes-recovery-as-binance-burn-looms-following-26-monthly-dip/" rel="noopener noreferrer nofollow">LUNC Token Eyes Recovery as Binance Burn Looms Following 26% Monthly Dip</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

LUNC Token Eyes Recovery as Binance Burn Looms Following 26% Monthly Dip

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