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LUNC and LUNA Surge Significantly, Leading Market, Possibly Linked to SBF's Pardon
Summary: According to HTX market information, LUNC surged by 70.3% in the past 24 hours, with a market value of $342 million; LUNA surged by 38.2% in the past 24 hours, with a market value of $131 million. The surge of LUNC and LUNA may be related to the potential increase in market perception of FTX ...
According to HTX market information, LUNC surged by 70.3% in the past 24 hours, with a market value of $342 million; LUNA surged by 38.2% in the past 24 hours, with a market value of $131 million. The surge of LUNC and LUNA may be related to the potential increase in market perception of FTX founder SBF receiving a pardon.
LUNC (Luna Classic, formerly LUNA) is the native token of Terra Classic chain (formerly Terra main chain), renamed after the market entered a deep bear market following the collapse of LUNA in May 2022. LUNA (the new version token of Terra) is the native token on Terra 2.0 chain, reissued through a community proposal after the collapse of LUNA in May 2022.
The UST anchor break in 2022 caused LUNA's price to plummet from $80 to near zero, with a market value evaporation of about $45 billion, one of the largest crashes in crypto history, with FTX trading platform and Alameda Research founder SBF suspected of manipulating this collapse. Recently, SBF has been speaking out intensively after a fellow inmate received a pardon, raising the potential for him to also receive a pardon.
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Link: LUNC and LUNA Surge Significantly, Leading Market, Possibly Linked to SBF's Pardon [Copy]
