) has recently experienced a price surge, spiking by over 19% within a week. Data reveals that the token’s value rose by an additional 6% in the last 24 hours, bringing its current trading price to $0.0001007 with a market cap of more than $549 million, ranking it as the 130th-largest cryptocurrency.
The price rise has also affected the social measures of Terra Classic in a positive way. The social volume appears to have risen significantly, according to Santiment data, suggesting that community engagement has increased. However, Terra Classic’s Weighted Sentiment metric bounced back and seems to be coming off the peak in its early stages. This change could be indicative of a bearish trend, which may cause price reversals in the short term.