Claim BonusLUNC Price News: Is The Bottom Already In For Terra Classic Coin?
LUNC Price News: With the Terra Classic community speculating that Coinbase is set to purchase a huge amount of LUNC, the token price is on the rise on Thursday. The cryptocurrency received significant momentum due to the Coinbase LUNC buy news. The positive momentum is quite strong now among traders, so much so that the LUNC price rose way higher than the rest of the crypto market. This comes amid market challenges like more companies facing liquidity issues due to the FTX bankruptcy and the macroeconomic scene.
Also Read: Bitcoin Price Prediction: Is This The Bottom For BTC Price Hitting $100K In 2023?
In this context, Bitcoin price continues to hover around in the $16,500 level since November 2022. Considering the current scenario and the holiday season next week, BTC’s sideways movement could continue for considerable future. Meanwhile, the Terra Classic (LUNC) price is attempting to reach the 7-day high level of $0.00016. As of writing, LUNC price stands at $0.0001352, up 4.94% in the last 24 hours, according to price tracking platform CoinMarketCap.
LUNC Price Already Found Bottom?
In this context, the crypto community is wondering if LUNC has already found the bottom. Many LUNC holders believe the token found its bottom at $0.00012. Crypto analysts believe the token is making a good recovery at the current level. Meanwhile, Binance said it completed the second round of Terra (LUNA) airdrop distribution to eligible users who held Terra Classic (LUNC).
Also Read: Justin Sun Announces Huobi Visa Card As Part Of Globalization Strategy
Meanwhile, the Terra (LUNA) price is still following a largely sideways movement. As of writing, LUNA price stands at $1.26, up 0.42% in the last 24 hours.
Know More: Binance Addresses Heavy Withdrawals Amid Ongoing FUD
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- NYSE’s Tokenized Securities Plan ‘Bullish’ for Crypto, Binance’s Founder CZ Says
- Grant Cardone’s Cardone Capital Adds More Bitcoin Amid Crypto Market Dip
- CLARITY Act’s ‘Drastically Higher’ Disclosure Thresholds Could Push Crypto Projects Abroad, Coinbase Warns
- Trump Tariffs: China Warns U.S. on Greenland as Supreme Court Ruling Nears
- Crypto Traders Bet Against U.S. Government Shutdown Despite Looming Jan. 30 Deadline
- Top 3 Price Prediction for Ethereum, XRP and Bitcoin If Crypto Structure Bill Passes This Month
- Dogecoin Price Eyes a 20% Rebound Ahead of SCOTUS Ruling on Trump’s Tariffs
- Bitcoin Price Prediction Amid US-EU Tariff Tension
- XRP Price Prediction 2026: Will Price Rebound After Today’s Crash?
- Will Bitcoin, Ethereum, and XRP Prices Hit New Highs If the Clarity Act Is Approved This Year?
- MSTR Stock Price Prediction Amid Vanguard’s First-Ever $505M Buy as VanEck Goes Bullish
