#LUNC. Price: How 100B Token Burn Could Send Terra Luna Classic To $1
$LUNC #TrendingTopic LUNC price 80% surge in 30 days peaks above $0.00015.
Terra Classic price stalls between support at $0.00014 and resistance at $0.00015.
LUNC circulating supply dives to 5.78 trillion as the token burn program achieves the 100 billion milestone.
Terra Luna Classic joined other cryptocurrencies as they rallied this week buoyed by a staggering breakout in Bitcoin price to highs near $64,000. LUNC price, amidst the volatility in the market, doubled down on bullish efforts to blast from a weekly low of $0.0001137 to the current yearly high of $0.0001563.
While investors contemplate taking profits or increasing exposure, LUNC has taken a breather to trade at $0.0001467 during US business hours on Thursday.
Can LUNC Price Rally To $1 In This Bull Market
Terra Luna Classic has been a token on a roller coaster since the Luna saga in 2022. From a vibrant high-flying token, LUNC plunged mercilessly from a record high of $119 to a record low of $0.000001.
In the last two years, the community with the help of developers within the ecosystem has worked hard to revive the once vibrant token. Although it has a long way to go, LUNC has managed to weather the storm, surviving one of the longest crypto winters in history.
As reported, the token burn program achieved a major milestone, surpassing 100 billion LUNC. The Terra Luna Classic community embarked on a mission to reduce the supply of the native token to help boost its value and position in the market.
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