$LUNC and $USTC are not doing well in 2025. The first 4 months of the year have been very difficult for Terra Classic investors. The prices of $LUNC and $USTC are at low levels.
There will be significant developments in May. TFL is collecting loss claims from investors affected by the LUNA/UST collapse. The final date is May 16! TFL will also have an appeal period, and after that, payments will be made to the affected investors.
Burns in $LUNC and $USTC have decreased. The amount of staking is increasing, but the inactivity on the chain is also rising. The prices of both coins are stuck, making it hard to expect any movement at these price levels. For the Terra Classic chain to become active again, the price of $LUNC and $USTC needs to increase.
Those who wanted to sell LUNC have sold. The remaining ones do not want to sell at these prices. There will be no movement in a market with few buyers and sellers...
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