LUNC is dropping again, moving from around $0.000055 to $0.000047. This looks like a potential bull trap—don’t get caught chasing it. Terra Classic has printed large bearish candles, which has triggered panic selling and made investors hesitant to buy back in. Because of that, the sell-off is continuing and the price dump remains in play.
Some people say LUNC could reach $1 soon, but that isn’t realistic. For now, it feels like a selling phase for LUNC. Overall, LUNC may be a good project, but it’s also high risk.