Has LUNC(Terra Luna Classic) come back to life again in the past couple of days? Between December 5-6, the price jumped straight from a low of $0.00002496 to around $0.000072, with the highest surge reaching 150%. What's even more dramatic is the trading volume, which skyrocketed from the usual tens of millions of dollars to $700-1100 million, a 910% increase.
To be honest, this pump didn't happen because of any single "big news"—it felt more like a chemical reaction from a few small things happening at once. First, at a certain blockchain summit, a journalist hosted the event wearing a T-shirt with the old LUNA logo. This tiny detail went viral in the community as a "signal" that Terra was coming back to life. X and Reddit exploded instantly; FOMO kicked in, and the price pumped 30% within minutes. Some are calling it a "zombie coin reborn," which feels like a nostalgic counterattack after the 2022 crash.
Of course, there are also some real factors supporting this: the community is pushing network upgrades, the burn mechanism is accelerating supply reduction, and on top of that, the sentencing of Do Kwon is back in the news, bringing renewed media attention and traffic. All these factors have created fertile ground for speculation.
But then again, how long can this surge last? No one knows.
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Has LUNC(Terra Luna Classic) come back to life again in the past couple of days? Between December 5-6, the price jumped straight from a low of $0.00002496 to around $0.000072, with the highest surge reaching 150%. What's even more dramatic is the trading volume, which skyrocketed from the usual tens of millions of dollars to $700-1100 million, a 910% increase.
To be honest, this pump didn't happen because of any single "big news"—it felt more like a chemical reaction from a few small things happening at once. First, at a certain blockchain summit, a journalist hosted the event wearing a T-shirt with the old LUNA logo. This tiny detail went viral in the community as a "signal" that Terra was coming back to life. X and Reddit exploded instantly; FOMO kicked in, and the price pumped 30% within minutes. Some are calling it a "zombie coin reborn," which feels like a nostalgic counterattack after the 2022 crash.
Of course, there are also some real factors supporting this: the community is pushing network upgrades, the burn mechanism is accelerating supply reduction, and on top of that, the sentencing of Do Kwon is back in the news, bringing renewed media attention and traffic. All these factors have created fertile ground for speculation.
But then again, how long can this surge last? No one knows.