This content prioritizes sensationalist clickbait over rigorous financial analysis, mistaking community-driven volatility for sustainable institutional growth. It serves more as a retail hype engine than a credible guide to market dynamics.
Deep Dive
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Deep Dive
IF YOU HOLD LUNC (TERRA CLASSIC) WATCH THIS NOW! LUNC IS GOING PARABOLIC BECAUSE OF THIS!!!Hinzugefügt:
What is going on LUNC holders? It is Ahmed and I am back today with you another video for you all. Today guys, we got to give updates on Luna Classic or Terra Classic and also the overall cryptocurrency market as we are seeing a surge in volume for LUNC token. But remember as always never financial advice, just trying to put you guys on the place that I'm in. If you're new around here, it would mean the world to me to consider smashing the like button to get this video to more people so they understand what Terra Classic is all about and also consider subscribing to the channel. The overall market today as futures opened up very bullish. Bitcoin above 79,000 for the first time in months. Ethereum touched $2,400 and we're seeing a really good surge in volume for a lot of different cryptocurrencies. But the most important thing right now is this chart in front of us right here and that is ticker symbol LUNC.
With over nearly 60 million US dollars, count it guys, 60 million dollars exchanging the hands of traders for Terra Classic over the last day. We went from consolidating and not doing much to now a pretty big surge and the most important thing is the one year chart.
We're about to break one year highs for LUNC token if we can get above 70,000 satoshis. The goal right now is to get across that 70,000 mark which would put us at 00007 and then we can potentially enter into price discovery. And a lot of the community is rallying to hope that one day we can get back to all time highs even though we've seen a lot of token dilution, there is substantial evidence as to why this token to connect at least 10x, 50x, 100x from here pretty easily.
So let's go ahead and dive in to the magnifice- magnificent pump that we're seeing in LUNC. Now before I do so, remember there's a link down below for iTrustCapital, partner of the channel.
If you want to support me and support your pockets, you get a free $100 bonus when you sign up for iTrustCapital utilizing my link down below. You can create an IRA, SEP IRA to be tax advantage here in the United States.
Premium custody giving you institutional grade custody and also a premium custody treasury account for your business, for your trust or even some nonprofits. So again, take advantage of it guys, free money's free money, so why not? Now, CoinGecko comes out never in a million years would I have imagined this. LUNC up 47% on the year-to-date chart looking like an beast outperforming every other cryptocurrency amongst the top 200 over the last 24 hours. Things are looking very, very good, but the question is why? Why the sudden surge in volume? Well, let's dive into the news. This from AI Invest and again a huge shoutout to Ali. He sent me a text message telling me, "Ahmed, pay attention. Luna Classic is pumping, but it's not just the price pumping, but also volume is spiking as more and more people are throwing money into this project." And it's not for any reason.
Terra Luna Classic records 70 million in inflows amid 2026 governance push. So let's go ahead and dive in and talk about what the community is doing because remember LUNC was Terra Luna back in 2021 and even early 2022. But then there was the collapse of Luna Classic or Terra Luna at the time because of the de-pegging of UST. And you guys, to be honest, I am actually a pretty big holder of LUNC and also UST even before it decoupled. But I'm still holding to this day because I believe the community has what it takes to get it back to all time highs.
Terra Luna Classic see 70 million in inflows driven by community-led governance and token burns to reduce the supply post the 2022 collapse.
Deflationary mechanism and decentralized upgrades aim to shift LUNC's value proposition. Though massive circulating or excuse me, though massive circulating supply and regulatory uncertainties are still persistent. Legal risks for Terraform Labs pa- uh past and the Clarity Act debate create uncertainty yet institutional interest and social media momentum boost the market visibility.
8.3% 24-hour price gain as you guys can see is reflected here. So before we even jump deep into the archives and what is going on, I want to mention I posted this post here and it talked about meme coins volume dropped 106% to 5.6 billion dollars in the last 24 hours. And yes, the word meme coin there might trigger a lot of you, but understand that that means governance. That means community-led initiatives. That's what meme coins are. So, forget the word meme coin, but think about community-driven governance and how there's a significant volume spike over the last day. And now that's pouring into cryptocurrencies like LUNC, but of course they have so much more as this was once upon a time one of the biggest infrastructure plays amongst the top 50 cryptocurrencies in the crypto market. But with its collapse, the community didn't want to give up because they know people who have lost hundreds of thousands, millions of dollars including institutions that had this thing absolutely shatter their portfolios. But with that being said, the community is not giving up. Terra Classic or LUNC has recorded significant capital influx and that is important to note. The current momentum is driven by sustained token burns and broader growth initiatives that market observers cite as critical analysis for assets performance.
The deflationary pressure aims to increase scarcity over time addressing the hyperinflationary supply created during the 2022 collapse. So if you look at the chart and you see what in the world happened from here to here, it wasn't just institutional offloading or retail investors offloading their positions.
The supply itself started to become very dilute. A lot more tokens poured into circulation at an exponential rate that made the price continuously go down even though people thought it was done dropping. So with that being said, while the original goal of the stable of stabilizing a stablecoin is sidelined, the ecosystem continues to support decentralized applications and NFTs.
Governance is entirely community-led with holders voting on tax burn rates, technical upgrades and fund allocations.
Unlike centralized projects, Terra Classic is driven by decentralized group of developers and validators around its network resulting in successful proposals to reduce circulating supply.
The supply reduction remains a central topic with major exchanges participating in large-scale burns that remove billions of tokens from circulation. If you go to the markets tab over on CoinMarketCap, you can see all the different exchanges that still have LUNC on their platform. And notice where the majority of volume is coming in. Yes, you got it right, Binance $13 of trade volume on one of their spot pairs with UST. Their TRY spot pair, $6.3 million of trade volume. You can see BitMEX with 600k, KuCoin 1.6 million, even Gate 189,000, Bybit, Bitget, crypto.com, you name it. So the fact is a lot of these exchanges could have decided we're parting ways with LUNC, but they realized that the initiative that the community has decided to put together to try to get this thing back to all time highs or at least at the very least erase some of the damage that was done while new holders started coming in and new developers and validators started to continue to grow the ecosystem that is LUNC or Terra Classic. It's pretty phenomenal what it is that they've been able to do and that's why we're seeing this still at $345 million market cap with sustained volume growth during this time. So with that being said, over the last month guys, we're up double. We are up 71% in the last month from right around 3800 satosh- 38,000 satoshis to 62,000 satoshis. So with that being said, I think it's time to pay attention. Pay attention to all the things that are headlining with LUNC.
Could this be a quick volume pump? I don't know, but based off what I'm seeing, the developments that have been happening in the back end, this could the broader community initiatives, DAO initiatives that are part of the cryptocurrency market. I appreciate your support as always. That's all I have for you guys today and until next time as always everybody, keep investing. Peace.
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