Terra (LUNA) pumps 210%: following in the footsteps of its sister asset LUNC
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Terra LUNA has grown over 210% today. At press time, LUNA was trading at $6.01, up 211.40% in the last 24 hours. The sudden rise has taken the crypto community by surprise, especially given the current crypto market conditions.
The sudden price pump that has opened in the last few hours has seen LUNA rise to 56th place among the largest cryptocurrencies by market capitalization. It was previously ranked #205.
Today’s price increase puts Terra LUNA directly behind its sister commodity Terra Classic (LUNC), which has gained 360.0% over the past 30 days.
Before today’s price increase, the price of LUNA had been stable at $1.9 for months.
Terra Classic (LUNC)
The Terra Classic has shown a great rally over the past two weeks, although the rally seems to be falling into some hands at the moment as it has started to shake off some of the gains it has made.
At press time, LUNC was trading at $0.0004519, down 11.59% in the last 24 hours. It had peaked at $0.0005843 a few days ago.
While LUNC’s rally is supported by a number of proposals from its community, the latest of which is a 1.2% tax burn, there’s no concrete reason behind today’s LUNA rally that doesn’t seem like it’s going to stop anytime soon.
Post Terra (LUNA) Pumps 210%: Following in the Footsteps of Its Sister Company LUNC appeared first on CoinJournal.