LUNC and USTC Pared Earlier Gains
#TerraLunaClassic ecosystem tokens failed to build upside momentum despite the upgrade. LUNC and USTC trading activity remained sluggish. After the burn tax distribution, the community awaits the major Tax2Gas upgrade.
LUNC price fell 0.5% in the last 24 hours, with the price currently trading at $0.00008353. The 24-hour low and high are $0.00008235 and $0.00008578, respectively. However, trading volume has increased by 15% in the last 24 hours. However, #LUNC price analysis by CoinGape Markets predicted a rally to $0.0001 after a breakout in lower timeframes.
Coinglass data shows total $LUNC futures open interest surged over 2%, but 1000LUNC futures on Binance dropped by 3% in the last 24 hours.
Meanwhile, #USTC price also dropped 0.60%, with the price now trading at $0.01979. The 24-hour low and high are $0.01947 and $0.02032, respectively. The trading volume saw a 31% drop over the last day.
Total $USTC futures open interest saw mixed trading across crypto #exchanges in the last 24 hours. However, some buying notices in the last 4 hours likely due to the Terra Luna Classic upgrade.
