TERA Classic LUNC coin took a big step. He endured the toil of a whale.

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TERA Classic LUNC coin took a big step. photo by google

It's hard to imagine Terra making a comeback after the collapse of LUNA and UST, but Terra Classic (LUNC) is ready for it. The recent LUNC Awards show a lot of interest in the project and want to be involved.

LUNC's first big price pump happened in the last week of June when it rose 180%. The cryptocurrency has since given up more than half of its gains but has rebounded in the last 24 hours since July 15. As a result, the price increased by more than 20% in a few hours.

LUNCH shares are among the violations noted on the money flow indicator in the last 24 hours. Meanwhile, the RSI rose above the 50% level, confirming good bullish confidence.

The surge came shortly after one exchange bought 8.5 billion LUNC and then traded it on another exchange for more than 2.6 trillion LUNC.

Another first step?

While it has not been confirmed whether Binance has a receiving address, the head of the CZ exchange confirmed a few days ago that the fire was on site. This could mean better synchronization for LUNC if the supply drops dramatically due to token burn.

LUNC offers more. For example, the flow of supply by governments fell from 43.57 percent on June 12 to 43.78 percent at press time.

This causes the whale to become LUNC and gain weight dramatically in the last three days. In fact, in the last 24 hours on July 15, that number has increased significantly.

The developers of Terra Classic are working hard to restore the network to its former glory. Since July 7, there has been a significant increase in the pace of development activities.

This is a healthy sign not only for the network but also for the LUNC pricing process. This is because evidence of healthy growth encourages investors to buy more, especially when the underlying stocks are low.

Terra Classic is already doing well to rebuild its reputation. However, there is still work to be done, but planned fires in the future may help solve the problem.

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