LUNC and USTC Prices Tumble

The Terra Luna Classic ecosystem tokens tumbled massively as whales and other investors sold LUNC. Despite the selloff, Terra Luna Classic members have expressed confidence in LUNC price increase in the future, with Tax2Gas implementation also under works.

LUNC price crashed over 19% in the past 24 hours, with the price currently trading at $0.00007486. The 24-hour low and high are $0.00007206 and $0.00009188, respectively. Moreover, trading volume has increased by 630% in the last 24 hours, indicating interest among traders.

LUNC futures open interest on Binance and other crypto exchanges has jumped over 50% in the last 24 hours, with major interest coming in the last few hours.

Meanwhile, USTC price also fell over 7% as signs of recovery faded despite the upcoming huge USTC  burn. The price is currently changing hands at $0.01723. The trading volume has increased by 20%.