Terra Classic price prediction as LUNC rallies 30% in a month
This week has been exceptionally bullish for many major assets in the cryptocurrency market and some of the less-expected cryptocurrencies, including Terra Classic (LUNC), which has managed to grow its market value by nearly 16% on its weekly chart and close to 30% in just one month . As it happens, the rebranded native asset of the disgraced Terra (LUNA) ecosystem has made a remarkable recovery, considering that the total value locked (TVL) on its chain in early August dropped to the lowest levels since its launch, sparking fears of its death. Positive influences Although its staking value has failed to make any significant progress since then, Terra Classic managed to keep its price relatively stable, returning into the green zone with its recent advances under the influence of positive developments around it and the optimistic sentiment in the wider crypto market. Specifically, among these positive developments is the recent announcement by one of the largest crypto exchanges ...