On May 7745994336330, the price of Terra Luna Classic (LUNC) is approximately $0.0000588, recording a decrease of approximately 6% in the last 24 hours.

📉 Recent price evolution of LUNC

Daily high: $0.0000628

Daily low: $0.0000586

Trading volume (24h): approximately $12.5 million

Market capitalization: approximately $321 million

Decrease in the last 7 days: approximately 10%

This decrease comes after a period of increased volatility, during which LUNC reached a peak of $0.0000729 at the beginning of May.

🔍 Factors influencing the price

Token burns: Over 400 billion LUNC have been burned so far, with significant contributions from Binance, which reduces the total supply.

Technical analysis: The price recently broke a symmetrical triangle pattern, indicating a possible continuation of the trend.

Market sentiment: Despite community efforts, LUNC is facing downward pressure, and demand remains low.

🔮 Future outlook

Although there are community initiatives and token burn strategies that could support the price, analysts warn that LUNC may test lower levels again, especially if it does not hold above key technical supports.

For interested investors, it is essential to monitor the evolution of trading volumes and the overall market sentiment.