Terra Classic (LUNC) Ultra Bullish and Surges Above 50%

• LUNC price has surged up to 50% in the last 24 hours.
• The market cap is currently $1.5 B with a 48.39% increase.

Terra Classic (LUNC) is back on track. The price has surged up to 50% in the last 24 hours. The market capitalization has also attained the 1 billion mark after 3 months. The staking has also been steadily increasing. And the trading volume has peaked at over 100% too.

At the time of writing the price of LUNC is $0.002297 but it’s high in the last 24hrs at $0.0002436. The lunatic community is confident in the belief that LUNC this hike will give the greatest bounce back in the crypto community.  

Similarly, the market cap is currently $1.5 B with a 48.39% increase in the past 24 hrs. The peak in the market cap was at $1.6 B with a $925.66 M trading volume. Trading volume as of now is over $978 M and the escalation is around 136%.

Assumed Cause for LUNC Hike

The token has also shown a climb in the staking as well because of the newly introduced staking feature. Along with that, the recent imposition of a 1.2 % burn of tax for all transactions has also played a key role in this price hike.