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Cryptorank

Is Terra Classic Staging a Comeback? LUNC Achieves a 58.68% Rebound in Days


by CoinEdition
Terra Classic Boosts Ecosystem with 30 Million LUNC Delegation to Hexxagon
  • Terra Luna has surged over 12%, marking a 45% recovery from last week’s low.
  • Terra Classic (LUNC) has increased by 24.5% in 24 hours, achieving a 58.68% rebound in seven days.
  • Analysts predict significant future gains for LUNC, with projections of a potential 570% price surge.

Terraform Labs’ two struggling projects, Terra Classic (LUNC) and Terra Luna (LUNA), are making a notable comeback in the crypto market as sentiment turns bullish compared to last week’s turmoil.

Today, LUNA has surged by over 12%, climbing from an intraday low of $0.3252 to a daily high of $0.3643. On August 5, LUNA was valued at $0.2513 when Bitcoin dropped to $49K. With Bitcoin now back in the $61K range, LUNA has also experienced a significant recovery, reclaiming the $0.36 price level. This indicates that LUNA has rebounded by approximately 45% from last Monday’s low.

However, Terra Classic (LUNC) has shown even more impressive gains. In the past 24 hours, LUNC has increased by 24.5%, rising from an earlier low of $0.0000705 to an intraday high of $0.0000878. At press time, LUNC continues to hold these gains, remaining in the $0.00008 price range.

Notably…

The post Is Terra Classic Staging a Comeback? LUNC Achieves a 58.68% Rebound in Days appeared first on Coin Edition.

Read the article at CoinEdition

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Binance Bitcoin inflows plunge to 5,700 BTC, less than 50% of the monthly average since 2020

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Is Terra Classic Staging a Comeback? LUNC Achieves a 58.68% Rebound in Days


by CoinEdition
Terra Classic Boosts Ecosystem with 30 Million LUNC Delegation to Hexxagon
  • Terra Luna has surged over 12%, marking a 45% recovery from last week’s low.
  • Terra Classic (LUNC) has increased by 24.5% in 24 hours, achieving a 58.68% rebound in seven days.
  • Analysts predict significant future gains for LUNC, with projections of a potential 570% price surge.

Terraform Labs’ two struggling projects, Terra Classic (LUNC) and Terra Luna (LUNA), are making a notable comeback in the crypto market as sentiment turns bullish compared to last week’s turmoil.

Today, LUNA has surged by over 12%, climbing from an intraday low of $0.3252 to a daily high of $0.3643. On August 5, LUNA was valued at $0.2513 when Bitcoin dropped to $49K. With Bitcoin now back in the $61K range, LUNA has also experienced a significant recovery, reclaiming the $0.36 price level. This indicates that LUNA has rebounded by approximately 45% from last Monday’s low.

However, Terra Classic (LUNC) has shown even more impressive gains. In the past 24 hours, LUNC has increased by 24.5%, rising from an earlier low of $0.0000705 to an intraday high of $0.0000878. At press time, LUNC continues to hold these gains, remaining in the $0.00008 price range.

Notably…

The post Is Terra Classic Staging a Comeback? LUNC Achieves a 58.68% Rebound in Days appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Binance Bitcoin inflows plunge to 5,700 BTC, less than 50% of the monthly average since 2020

Binance Bitcoin inflows plunge to 5,700 BTC, less than 50% of the monthly average since 2020

Binance’s monthly Bitcoin (BTC) inflows have fallen to 5,700 BTC, less than half the ...
Bit Digital Exits BTC Mining to Focus Solely on ETH Staking Strategy

Bit Digital Exits BTC Mining to Focus Solely on ETH Staking Strategy

Crypto miner Bit Digital will sell off its bitcoin operations to deepen its ETH staki...