Terra Classic (LUNC) becomes the biggest gainer of Q3 2022

Terra Classic (LUNC) becomes the biggest gainer in Q3 2022 as the prices go up 80% in September due to massive token burn in exchanges. The Terra ecosystem seems to be reviving back as well.

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In early 2022, Terra LUNA and UST came into headlines when its market volume dropped 99.99% . The third-largest crypto suddenly pummeled down to 0, causing billions of losses to investors and Terra.

Do Kwon, the CEO of Terra, had promised he would revive the coin by dividing Terra’s ecosystem into two chains just like how Ethereum has done.

Terra LUNA Classic is the old coin of Terra that it left behind after the launch of a new chain within its ecosystem called LUNA 2.0 on May 28, 2022.

According to recent data in CoinMarketCap , the fully diluted volume of LUNC recorded $2.6M surpassing LUNA’s record of $2.08M.

It has taken over all 65% liquidity in the crypto market this week, and many of its supporters are quite bullish about its prices going up even further.

The recent data from CoinMarketCap , LUNC has climbed 1000% since June and 80% in September only. This is a huge figure for a crypto coin that caused billions of losses to people.

The prices began hiking on 6 September at $0.0004388. LUNC is currently trading at $0.0003549 with a high of $0.000447 at the time of writing.

Compared to that, LUNA trades at $1.82 with a $232M market cap. This shows that LUNC will thrive for the rest of the year while LUNA tokens might struggle a bit.

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Terra Classic (LUNC) becomes the biggest gainer of Q3 2022

Terra Classic (LUNC) becomes the biggest gainer in Q3 2022 as the prices go up 80% in September due to massive token burn in exchanges. The Terra ecosystem seems to be reviving back as well.

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Do Kwon, the CEO of Terra, had promised he would revive the coin by dividing Terra’s ecosystem into two chains just like how Ethereum has done.

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