LUNC and $USTC Prices Tumble on Market-Wide Selloff
Traders reacted immediately to the LUNC burn by Binance, bringing a welcome rebound in the Terra Luna Classic ecosystem prices.
LUNC price fell 5% in a day as Bitcoin price corrected over 10%. The price is currently trading at $0.00009531. The 24-hour high and low are $0.0001001 and $0.00009272, respectively. Moreover, trading volume has increased slightly in the last 24 hours.
Moreover, $LUNC and 1000LUNC futures open interest showed buying activity in derivatives traders, likely due to Binance #LUNC✅ burn. Open interests has increased over 1-3% on Binance and Bybit in the last few hours, as per Coinglass.
Meanwhile, #USTC price fell 2% in the last 24 hours, with the price currently trading at $0.01724. The 24-hour low and high are $0.01638 and $0.01789, respectively. Trading volume has jumped by 37% in the past 24 hours.
