Terra Classic(LUNC), recording a significant rise CoinGeckoAccording to the data, it managed to enter the top 30 by being 23rd in the market value ranking.
Terra Classic(LUNC) is up more than 50 percent in 24 hours.
Terra Classic Top Rising Out Of The Top Hundred Coins
terra After the collapse of the stablecoin on the blockchain network, there was a serious decline in the cryptocurrency market. The team looking for a solution after the collapse, Terra Blockchain network TOP After its collapse, it forked into Terra and Terra Classic. The coins in these networks were named LUNA Classic and LUNA.
Terra Classic (LUNC) is up 59 percent in the last 24 hours, according to CoinGecko data.
LUNC’s daily chartLUNC has been positive for four days, gaining 77.36 percent last week. It also entered the top 30 in the market capitalization rankings. It rose 59 percent in the last 24 hours.
Market watchers speculate that the concept of a tax bid to reduce the LUNC supply may have led to a surge in the token. If the 1.2 percent tax offer is accepted, a 1.2 percent tax will be applied to all LUNC transactions, including wallet interactions and smart contracts. The fee is later terraIt will be transferred to the incinerator provided by the LUNC, which then reduces the LUNC supply.
