2024-08-31 20:04:30 +0300

Terra Classic (LUNC) Crypto Surges Another 13%

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InvestorPlace
By William White

Source: saran insawat / Shutterstock.com

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.

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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.

Continue read on investorplace.com

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