$LUNC 🔥 A Phoenix Rising? 🔥
The LUNC/USDT pair is making headlines this week, currently trading near $0.0000523. Despite a recent -16% 24h dip, the weekly chart tells a different story with an explosive +89% gain.
So, what's fueling this wild ride?
· Massive Token Burns: Over 849 million LUNC were burned in just the last 7 days, a key factor creating supply scarcity.
· Network Catalyst: Binance's confirmed support for the Terra Classic v3.6.0 network upgrade on December 8th has boosted market confidence.
· Technical Breakout: The price has decisively broken out of its recent downtrend, with trading volume surging over 682% at the peak of the rally.
💬 Your Take:
The community is split.Is this explosive move the start of a sustained, burn-fueled recovery for the classic token, or a classic "dead cat bounce" in a long-term downtrend?
Are you buying the comeback narrative or taking profits? Share your charts and next target for LUNC below! 👇
