Terra Classic (LUNC) Crypto Surges Another 13%
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Terra Classic (LUNC-USD) continues to be a hot topic among crypto traders on Wednesday as a recent rally carries on.
This rally started a few days ago when Terra Classic developers introduced a new network upgrade. This introduced staking to the blockchain network. The V22 update was a success with investors quickly taking stakes in LUNC.
That news is a much-needed positive catalyst for the crypto after a rough time just a few months ago. A crypto crash hit Terra (LUNA-USD) hard and resulted in the original crypto moving to a new network. That came after its stablecoin, TerraUSD (USTC-USD), failed to maintain its price.
LUNC Traders Hope to Regain Lost Ground
When Terra left its old network behind, developers continued to use it for the creation of Terra Classic. That’s left the crypto with a hard road to recovery but one that fans of LUNC have been following closely.
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