Terra Classic (LUNC) Ultra Bullish and Surges Above 50%
![Terra Classic (LUNC) Ultra Bullish and Surges Above 50%](https://thenewscrypto.com/wp-content/uploads/2022/09/LUNC-HAS-OFFICIALLY-PUMPED-OVER-50-TODAY-ALONE-300x169.jpg)
- LUNC price has surged up to 50% in the last 24 hours.
- The market cap is currently $1.5 B with a 48.39% increase.
Terra Classic (LUNC) is back on track. The price has surged up to 50% in the last 24 hours. The market capitalization has also attained the 1 billion mark after 3 months. The staking has also been steadily increasing. And the trading volume has peaked at over 100% too.
At the time of writing the price of LUNC is $0.002297 but it’s high in the last 24hrs at $0.0002436. The lunatic community is confident in the belief that LUNC this hike will give the greatest bounce back in the crypto community.
Similarly, the market cap is currently $1.5 B with a 48.39% increase in the past 24 hrs. The peak in the market cap was at $1.6 B with a $925.66 M trading volume. Trading volume as of now is over $978 M and the escalation is around 136%.
Assumed Cause for LUNC Hike
The token has also shown a climb in the staking as well because of the newly introduced staking feature. Along with that, the recent imposition of a 1.2 % burn of tax for all transactions has also played a key role in this price hike.
Supply and staking of LUNC
— LUNC staking (@LuncStaking_Bot) September 1, 2022
SUPPLY
total: 6,904,258,906,381
STAKED
bonded: 467,356,470,406
unbonded: 40,059,232,180
STAKING RATIO
7.349%(bonded: 6.769%)
2022-09-01 10:00 UTC#LUNC
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Read more: https://thenewscrypto.com/terra-classic-lunc-ultra-bullish-and-surges-above-50/
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M