🌼 LUNC trends among traders alongside Dollar pegged stablecoin USTC, recovery likely:
Terra Luna Classic (LUNC) and Terra Classic USD (USTC) both tokens were trending among traders after noting a surge in their price. Santiment analysts believe these tokens are gaining popularity after their collapse, likely to see a revival.
✅LUNC and USTC prices might recover :
In 2022, sister tokens Terra USD (UST) and LUNA suffered an implosion when UST depegged. In the aftermath of the event, Terra LUNA was revived as Terra LUNA Classic (LUNC). Terra Classic USD remained de-pegged and the community has been brainstorming ways to establish the stablecoin’s $1 peg again.
Based on data from crypto intelligence tracker Santiment, two tokens, LUNC and USTC noted milestone price rises in the past week. LUNC price rallied 26% in the past week while Dollar-pegged stablecoin USTC attempted a recovery and climbed 200% in the same timeframe.
Milestone weekly gains in the two tokens have resulted in LUNC and USTC emerging as top trending cryptocurrencies on Santiment’s tracker. It's important to note that the two tokens have experienced a pullback in their prices since then.
Based on data from crypto intelligence tracker Santiment, two tokens, LUNC and USTC noted milestone price rises in the past week. LUNC price rallied 26% in the past week while Dollar-pegged stablecoin USTC attempted a recovery and climbed 200% in the same timeframe.
Milestone weekly gains in the two tokens have resulted in LUNC and USTC emerging as top trending cryptocurrencies on Santiment’s tracker. It's important to note that the two tokens have experienced a pullback in their prices since then.