Despite starting the day on a bearish foot, like the rest of the cryptocurrency sector, Terra Classic (LUNC) and TerraClassicUSD (USTC) still posted impressive results in the previous days, generating increased chatter in the cryptosphere and suggested possible ‘fear of missing out’ (FOMO).
As it happens, Terra Classic and the TerraClassicUSD stablecoin are trending among traders following significant price increases in the previous days, according to the latest data shared by the cryptocurrency social and on-chain metrics platform. feelingin an X post on November 28.
Specifically, the crypto platform’s social trends for top trending token leaders since November 27 have placed USTC in first place with a 198% price increase in the 48 hours leading up to that date, followed by LUNC with 31% price growth over the same period, with Bitcoin (BTC) in third place.
In fact, as the platform team noted:
“TerraUSD and TerraClassic are trending among traders after significant price increases. USTC, in particular, originally designated as a stablecoin pegged to $1, has reached a high of $0.0758. After its collapse in 2021, FOMO could return here in 2023.”
LUNC Price Analysis
At the time of this publication, LUNC was changing hands at the price of $00000947, representing a decrease of 21.74% in the last 24 hours, but still a significant gain of 25.21% in the previous seven days and a most impressive increase of 46.93% in the last month. , according to data from November 28.
Considering all this, the current price of LUNC is a far cry from yesterday’s success, reaching a high of $0.000124, but the low price could offer “buy the dip” opportunities to investors interested in it and, Judging by the social metrics above, there is no lack of interest in this particular cryptocurrency.
Disclaimer: The content of this site should not be considered investment advice. The investment is speculative. When investing, your capital is at risk.
