Terra Luna Classic Hits New Milestone with 5.5 Million Holders Amidst Rising Interest

The Terra Luna Classic (LUNC) has achieved a remarkable milestone as the combined count of LUNC and USTC holders has hit a new all-time high of 5.5 million! 

Although the Terra Luna crisis led to slower growth post the disaster, the increase in wallet numbers has been continuous which underscores the resilience of the Terra Luna Classic community, supported by major exchanges like Binance.

Surging Holder Numbers

Cosmos blockchain analytics firm ATOMScan through their insight report has revealed a significant surge in the combined count of LUNC and USTC holders to 5.5 million, which is a notable increase from its previous count of 5 million holders. 

While Terra Luna (LUNC) boasts its 5.5 million holders, insight reports claim that Cardano’s total wallet count has surpassed 4.6 million, while Shiba Inu boasts 1.38 million holders, according to Etherscan and ShibariumScan data. 

Market Analysis 

The recent burning of Terra Luna Classic, supported by leading cryptocurrency exchange Binance’s burning of 53.48 billion LUNC tokens has contributed to boosting LUNC prices. 

LUNC’s trading volume has witnessed a 40% decrease, however, it has successfully regained a 5% increase from its 24-hour low. There’s also a notable increase in LUNC futures Open Interest and a rise in the price of 1000 LUNC on platforms like Binance and Bybit, potentially fuelled by the upcoming major v2.4.2 upgrade.

Related posts

Terra Classic (LUNC) Tax Burn To Be Reduced To 0.2%!

EdaFace Admin

Bitcoin Rises Above $38,000 Again! Is it a Rise Above Bearish Trap or the Beginning of a Real Flush?

EdaFace Admin

Market Wrap: Edaface Surges as Fed Governor Talks Down 100 Basis Point Rate Hike

EdaFace Admin

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More