{"id":537682,"date":"2023-06-13T16:00:49","date_gmt":"2023-06-13T16:00:49","guid":{"rendered":"https:\/\/uniquehot.com\/?p=537682"},"modified":"2023-06-13T13:43:46","modified_gmt":"2023-06-13T13:43:46","slug":"terra-classic-continues-to-brush-off-market-downtrends-buy-now","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/terra-classic-continues-to-brush-off-market-downtrends-buy-now\/","title":{"rendered":"Terra Classic Continues To Brush Off Market Downtrends, Buy Now?"},"content":{"rendered":"
The <\/span>crypto market<\/span> has been bleeding lately, and leaders like Bitcoin and Ethereum have been on a downtrend. <\/span>In addition, the Securities and Exchange Commission’s crackdown on top trading platforms Coinbase and Binance has further made things worse as the crypto winter has persisted.\u00a0<\/span><\/p>\n However, while the massacre caught up with most coins, Terra Classic (LUNC) remained in the uptrend, emerging as the number 1 gaining cryptocurrency over the past 24 hours.<\/span><\/p>\n LUNC surprised market participants over the past week as it continued pulling weight amid bearish trends in the crypto market.\u00a0<\/span>Before the disaster enveloped the Terra ecosystem in May 2022, Terra Classic (LUNC) traded at an all-time high of $116.\u00a0<\/span><\/p>\n Related Reading: Ripple Vs. SEC: Hinman Docs Are Out, XRP Is Up 8%<\/a><\/p>\n LUNC’s value plummeted following the <\/span>crash of Terra<\/span><\/a> blockchain\u2019s stablecoin UST, wiping over $40 billion valuation for the token’s market cap.\u00a0<\/span>Several investors lost hope of recovering their loss until several rebuilding initiatives emerged.<\/span><\/p>\n However, LUNC’s recent price movements have shone a ray of light in the dark tunnel for the Terra Classic community.\u00a0<\/span>At press time, LUNC is still on the upward trajectory and has been so for over one week.\u00a0<\/span><\/p>\n Terra Classic (LUNC) <\/span>price<\/span><\/a> has increased by 10.04% over the past 24 hours, with an 11.59% price surge in the last seven days. <\/span>Also, the token price has rallied 8.60% over the past 30 days. Terra Classic now trades at $0.00009638.\u00a0<\/span><\/p>\nTerra Classic (LUNC) Making Bold Rebound Moves<\/b><\/h2>\n