Why LUNA and LUNC Prices Are Surging Today?

With two years of downtrend, the Terra tokens have lost all the value. But with today's rise, LUNA and LUNC are bullish due to the improvement in the SEC case.

The Terra tokens are on the move again, creating high hopes among investors to see a recovery in value. With the downfall of these cryptos in 2022, it is about time to witness some major gains because of the bullish market situation. The upcoming altcoin season is the hope for Terra (LUNA) and Terra Luna Classic (LUNC) holders.

This LUNA and LUNC price surge is interesting as the rest of the market was in downfall earlier, where Bitcoin and the rest of the popular altcoins declined. On that note, let us discuss why these Terra tokens are rising today.