As of October 18, 2024, Terra Luna Classic (LUNC) is undergoing significant developments following the recent v3.1.5 upgrade, aimed at enhancing security and transaction efficiency. This upgrade has garnered support from major exchanges like Binance, which has actively participated in burning LUNC tokens to aid in its revival—over 64 billion tokens have been burned to date.
Currently, LUNC's price is facing challenges, trading around $0.00008072, reflecting a 1.74% decrease in the past 24 hours. Despite the negative price movement, trading volume has surged by 25%, indicating a continued interest among traders. This volatility can be attributed to broader market sentiment, impacting both LUNC and its counterpart USTC, which also saw a minor decline.
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