Terra Luna Classic | Visibility Rises As The Price Of LUNC Increases

Added: 2026-06-01

[00:00:03]Even though the entire market is fearful, we are witnessing another green day today, which is a good sign. Guys, it's crazy to me how much negativity, how much fear, uncertainty, and doubt, how much like just I don't know, disgust is in the cryptocurrency market right now, despite all of the things that are allowing this industry to grow.

[00:00:28]Regulatory clarity, the Clarity Act.

[00:00:30]You've got institutions buying. I guess the the problem that we're seeing, and I I read a decent post this morning that talked about uh a a lot of the original holders of Bitcoin and other cryptocurrencies are holding on the blockchain. It's a lot of the institutional involvement with these newer buyers through ETFs that are selling off, and that's causing a lot of the volatility and a lot of the downside. Now, two things that we're going to have to get over with that.

[00:01:03]Number one, we're talking about hundreds of billions of dollars and potentially one day trillions of dollars in net worth that's going to be tied up into these ETFs, and it will allow the industry to expand. Number two, these are the short-term guys. They've been around for a year. They don't know what's going on. They're not as dedicated as we are. And of course, it's going to take them some time to to develop into longer-term holders.

[00:01:32]So, with all of that being said, we're going to be going over some Terra Luna Classic news in the video today. So, if it sounds like something you're interested in, let's get started. What's up, everybody? I'm Clay, and I do want to say thank you, guys, for watching the video. Thank you for subscribing to the channel, and thank you for understanding that YouTube is not run by AI. While it is allowing general discussions about crypto, NFTs, and other digital assets, that's all that this video is. It's not a promise, promotion, suggestion, recommendation, or guarantee. Just you and I going over the market analytics, going over some Terra Luna Classic news, and of course, looking here at the price action for LUNC.

[00:02:09]Uh let's just start with the price since we're on the screen right here.

[00:02:12]We've been trading sideways for the last, I don't know, 2 weeks or so. And over the last 3 or 4 weeks, it's been a little negative, right? Terra Luna Classic's gone from 12,000 points per coin down to 8,000 points per coin.

[00:02:24]That's a pretty strong decline, roughly 30-plus percent. And And it's done It's done that, however, after a 200-plus percent rally.

[00:02:35]Nearly 200% since the beginning of the year, and even more if you go back to about October October, November of last year.

[00:02:43]Now, looking at that, Terra Luna Classic is still very bullish. It's just people lose interest so so quickly.

[00:02:55]And I was going to say, I don't know if it's necessarily just in this industry, like just in crypto, because, you know, you do have a lot of retail investors.

[00:03:04]And as soon as you see a 3% pullback, everybody panic sells.

[00:03:10]Or if that's just the way it is everywhere these days with with people wanting instant gratification. And if they don't get it, they're done, moving on to the next thing. It It probably sounds like that's more more or less the case there.

[00:03:22]But anyway, with with Terra Luna Classic trading sideways, couple things we notice here. It is right around the 10- and 5-day moving averages, but we are still above the 50-day simple and exponential moving averages. So, we're still bullish on a medium-term, I guess, time frame. And we're still looking very good holding above these support levels, and potentially getting ready to test this resistance level. So, on a technical basis, Terra Luna Classic still looks good.

[00:03:55]And if you guys are seeing this on the screen right here, this is KCS.

[00:03:58]Uh these guys got Terra Luna Classic tradeable on up to 75 x leverage. You do have a link in the description. I'll talk a little bit more about that at the end of the video if you want to check them out. But, nonetheless, the overall market today is trying to bounce back.

[00:04:11]$73,600 Bitcoin, $2,000 plus Ethereum, Solana is up slightly 1% on the day today. And man, Hyper Liquid doing phenomenal. $67 Hyper Liquid.

[00:04:26]The only problem I have with Hyper Liquid is I don't have enough. It I I do have some so that I'm exposed to it.

[00:04:33]>> [clears throat] >> But, I mean, based on its market cap already, I don't stand a chance of getting rich on Hyper Liquid.

[00:04:41]Probably should have bought more early on, but uh what are you going to do about it, man? You you literally can't hold every single cryptocurrency. How many are there?

[00:04:51]Cryptos? 51.5 million cryptos.

[00:04:55]So, no, you can't buy every single cryptocurrency out there. You win some and and you miss out on some.

[00:05:02]Anyway, overall market doing very well, but we're still in a situation of fear.

[00:05:07]And this 34 fear is going to be plaguing people's minds. Neutral territory is going to be plaguing people's minds because the thing that's going to be sticking in the back of their mind, well, we just came out of fear. I should still be fearful.

[00:05:23]Until we get into greed and potentially extreme greed, I think investors are going to be cautious. That's just the the market that we're dealing with right now, and we will get through it. So, looking at Terra Luna Classic, it is rising a small I would never call this a surge, right?

[00:05:42]But, it is rising a slight 3.75%.

[00:05:46]Uh burns, staking, and visibility. Three of the things that really drive prices in the crypto space, but guys, visibility.

[00:05:57]That's all it takes to make a crypto explode. It doesn't have to have massive amounts of staking.

[00:06:04]It doesn't have to have massive amounts of burns.

[00:06:08]These [snorts] cryptocurrencies are so speculative that if you could just get people interested in it, it is like it's game over, man. That's all you've got to do is get people interested in a coin and they will want to buy it.

[00:06:21]Now, it says understanding the recent surge, Terra Luna Classic over the last 5-hour period is driven a combination of supply reduction narratives, increased visibility, and speculative momentum.

[00:06:32]Burning and staking supply. Now, we know that the burns are rising and and staking is actually pretty heavy, as well.

[00:06:39]It goes on to say that a detailed update from the Terra Luna Classic community account reported that Terra Luna Classic supply stands around 6.46 trillion. Over 82 million LUNC burned in the previous 24 hours and roughly 893 billion LUNC staked, close to 14% of the circulating supply. Now, same-day article on LUNC's rally noted that 173 million LUNC were burned and about 928 million tokens staked over the most recent 24-hour period, which is phenomenal.

[00:07:09]Now, wallet infrastructure and visibility boost. Alongside burns and staking, a cluster of visibility and infrastructure catalyst likely helped pull in fresh interest during the period that includes our 5-hour window. It says the official Terra Luna Classic account announced that the Station wallet is back and explicitly supporting the Terra Luna Classic chain with plans to rebuild it as an agent-based wallet enabling smarter interactions, automation, and easier onboarding. Station wallet returns to Terra Classic. Another post highlighted that Terra Luna Classic was trending on CoinMarketCap, framing it as evidence that the momentum is building again.

[00:07:48]And guys, this is all we need. Momentum, visibility, and of course the the framework like burning and staking that allow for that reduction in overall circulating supply, so that [snorts] of course the supply and demand curves can work as they do.

[00:08:05]Finally, speculation, momentum, and multi-day context. I'm not going to go too much into, you know, the the momentum and multi-day context, but guys, speculation is what drives meme coins, altcoins, and basically everything except for Bitcoin. Bitcoin right now is being viewed as a store of value. You may have some altcoin and altcoins like Ethereum and Solana that are are focusing on utility and and some other majors as well, XRP. But speculation Okay, Terra Luna Classic might be building, but it is still an extremely speculative altcoin.

[00:08:45]And speculation is essentially driven by the sentiment. And right now, I can't expect it to do too well because sentiment is negative.

[00:08:55]But that's the exact opposite when we're in a greedy situation. And because it's such a speculative altcoin, is why it's so volatile. When Terra Luna Classic sees greed and extreme greed return, oh my goodness, you are going to wish you would have simply accumulated now. And if that's you, like I said in the middle of the video there, you do have an opportunity to do so on the KCS exchange. I believe all these guys need, I signed up a long time ago, but I believe all they need to sign up is an email. Uh you're going to have to deposit some cryptocurrency on there, and then of course if you want to trade Terra Luna Classic on up to 75X leverage, you can among many other cryptocurrencies. Best selection of crypto I've seen available in the United States.

[00:09:40]Uh on a centralized exchange, of course.

[00:09:43]So, let me know what you think about it all down in the comments below, and until the next time, hope that each and every one of you have an awesome day.