đ #LUNCâ and #USTC Prices Face Market Pressure
While the community awaits the Tax2Gas upgrade of #TerraLunaClassic , the tokens are still under pressure in the market. $LUNC , the native token, is down by 3% in the last 24 hours and has shed 5% over the week. Currently, LUNC is trading at $0.00007537, with a daily low of $0.00007482 and a high of $0.000077. Additionally, the trading volume has gone down by 20% in the same period, indicating a more cautious approach to the market.
$USTC , #TerraClassic âs stablecoin, has also experienced a drop, with its price falling 3% in the last 24 hours to $0.01539. Trading volume for USTC decreased by 6% during this time, signaling a subdued reaction from traders amid the broader market downturn.
However, Coinglass data reveals that the trend is not entirely bullish since LUNCâs future open interest has risen by 2% in the last hour. On the contrary, the USTCâs future open interest fell by 3% in the last week, suggesting that market participants are becoming more cautious.
