š„ $LUNC Price Spike & Dump?
Terra Luna Classic (LUNC) is currently at $0.00006291, surging 7.5% in the past 24 hours. Short-term traders are celebratingābut should you?
š Quick Look:
⢠Resistance: $0.000063
⢠Support: $0.000057
⢠Market cap: ~$347M
ā ļø Why itās controversial:
⢠No self-healing mechanism ā Do Kwon admitted LUNA canāt stabilize itself.
⢠Billions of tokens in circulation ā One large sell-off could tank the price.
⢠Hype > fundamentals ā Community sentiment is currently driving the price.
Bottom line: LUNC could either soar or crash at any moment. This is high-risk territory.