News

USTC Soars 15% Amid LUNC’s Recovery Post BTC Surge

Terra Classic USD (USTC) surges 15% as Terra Luna Classic (LUNC) makes a strong comeback post-Bitcoin's rise above $38,000.
USTC Soars 15% Amid LUNC’s Recovery Post BTC Surge

Terra Luna Classic (LUNC) and Terra Classic USD (USTC) have recently experienced significant price fluctuations. After an impressive rally, both tokens saw a pullback, drawing attention from investors and market analysts. However, LUNC and USTC have nullified the bearish trend, with prices over 18% and 15% as of press time.

Advertisement

LUNC’s Rollercoaster Week

LUNC, the revamped version of the original Terra Luna, showed a remarkable 26% gain over the past week. This surge peaked on November 27, with the token reaching $0.000128 before the momentum faltered, with the price dropping to $0.000095. Moreover, despite this decline, LUNC has recorded a substantial 27.70% increase over the past seven days and an even more impressive 49.23% surge over the past month.

Advertisement

USTC Skyrockets after LUNC Recovery

Similarly, USTC, the dollar-pegged stablecoin that remained de-pegged following the 2022 collapse, made headlines with over 200% rise. Although it peaked at $0.078, the price adjusted to an intra-day low of  $0.03147 before establishing solid support. Despite this, USTC has recovered, with a 205.53% upswing over the past week and a 233.95% rise over the month. Moreover, as of press time, USTC had negated the bearish pressure, surging by 15.90% to $0.046125, according to CoinStats.

USTC price chart

A key driver for these price movements is the recent strategic acquisition of USTC by Terra Classic Labs, which has also positively influenced LUNC’s value. However, despite the recent negative trend, a dip of over 20%, USTC has shifted to bullish momentum in the past day. This resurgence is attributed to LUNC’s bullish recovery after Bitcoin (BTC) soared past $38000.

Despite these fluctuations, the tokens have garnered significant attention in the crypto community. Analysts from Santiment suggest that the initial price rallies of LUNC and USTC might have been fueled by a fear of missing out (FOMO) among investors.

Read Also: LUNC Price Jumps 15% As Bitcoin Breaks Above $38k Again

Advertisement

Share
Kelvin Munene Murithi

Kelvin Munene is a crypto and finance journalist with over 5 years of experience, offering in-depth market analysis and expert commentary . With a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University, Kelvin is known for his meticulous research and strong writing skills, particularly in cryptocurrency, blockchain, and financial markets. His work has been featured across top industry publications such as Coingape, Cryptobasic, MetaNews, Cryptotimes, Coinedition, TheCoinrepublic, Cryptotale, and Analytics Insight among others, where he consistently provides timely updates and insightful content. Kelvin’s focus lies in uncovering emerging trends in the crypto space, delivering factual and data-driven analyses that help readers make informed decisions. His expertise extends across market cycles, technological innovations, and regulatory shifts that shape the crypto landscape. Beyond his professional achievements, Kelvin has a passion for chess, traveling, and exploring new adventures.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and 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.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • News

Indian Court Declares XRP as Property in WazirX Hack Case

In a landmark ruling, the Madras High Court in India has declared that XRP and…

October 27, 2025
  • News

Ethereum Supercycle Strengthens as SharpLink Gaming Withdraws $78.3M in ETH

Ethereum’s fundamentals continue to strengthen as major investors and analysts signal renewed confidence in the…

October 27, 2025
  • News

Trump Tariffs: Secretary Bessent Declares ‘Fantastic’ Trump–Xi Talks, Bitcoin Breaks $113,000

Bitcoin (BTC) has climbed above $113,000 as optimism grew ahead of President Donald Trump’s meeting…

October 26, 2025
  • News

Will Bitcoin Rally as JPMorgan Tips Fed To End QT at FOMC Meeting?

Bitcoin traders are turning their attention to this week’s Federal Open Market Committee (FOMC) meeting.…

October 26, 2025
  • News

White House Crypto Czar Backs Michael Selig as ‘Excellent Choice’ To Lead CFTC

White House crypto czar David Sacks has shown his support for Donald Trump's nomination of…

October 25, 2025
  • News

Ripple Explores New XRP Use Cases as Brad Garlinghouse Reaffirms Token’s ‘Central’ Role

Crypto firm Ripple has revealed that it is exploring new ways to use XRP within…

October 25, 2025