Breaking: WLUNC Soars 28% As Terra Opens Shuttle Bridge

WLUNC Soars 28% As Terra Opens Shuttle Bridge

Shuttle Bridge Reopens For 30-Day Asset Redemption

Wrapped LUNA Classic (WLUNC) has seen a 28% upswing in its price following the reopening of Terra Classic’s Shuttle Bridge. The Shuttle Bridge reopening enables users to transfer their LUNC and USTC assets bridged from networks such as the Ethereum mainnet, BNB Chain (BSC), and Harmony back to Terra Classic.

WLUNC Soars 28% As Terra Opens Shuttle Bridge

In a recent development for Terra Classic users, the Shuttle Bridge has been reopened, allowing for the transfer of wrapped assets back to the network. This update has sparked a 29.99% Wrapped LUNA Classic price surge to $0.00008246 alongside an increase of 28.94% in the WLUNC market cap.

Concurrently, the trading volume for WLUNC increased massively by 237.75% to $173,906.22, indicating heightened trading activity and investor interest. This bullish trend in WLUNC demonstrates the market’s positive reaction to the updates to facilitate asset management and redemption.

Additionally, The bridge’s reopening enhances WLUNC’s liquidity and ensures users retain control over their cryptocurrencies.

However, LUNC price reaction was mild, with a 0.65% surge at the time of writing. The token has, however, broken the $0.00008406 intraday resistance level, signaling a potential rally.