LUNC & USTC Open Soars Over 20%, Terra Luna Classic Price Set For 60% Rally!!!!!!!
Terra ecosystem tokens saw prices rallying in double digits after Terraform Labs and co-founder Do Kwon reached a settlement in principle with the U.S. Securities and Exchange Commission (SEC). LUNC and USTC prices skyrocketed 15% within hours, but pared some gains to settle at 9% higher in the last 24 hours.
LUNC price can again hit the $0.0002 level, making a further rally of more than 60% from current prices.
Terra (LUNA) price jumped 30% in an hour and currently trading 16% higher at $0.70 in the last 24 hours, supported by a 450% leap in trading volumes in the last 24 hours.
Terra Classic ecosystem tokens LUNC and USTC prices also witnessed rallies due to the settlement. LUNC price is trading 9% higher at $0.0001240, with a 24-hour high of $0.000131. The trading volume has increased by over 150% in the last 24 hours, indicating massive interest among traders.
LUNC and 1000LUNC futures open interests recorded a 20% jump in the last 24 hours,In fact, open interest on Binance skyrocketed over 23%. This indicates massive buying by derivatives traders.
Analyst said on X LUNC “setting new post-breakout highs in a run that may only be in extremely early stages!” He predicts a 63% move to $0.00021439 as a result of the breakout.
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