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Analysts Sees Terra Luna Classic Price Surging 480% as Burn Rate Rises

CoinGape LogoCoinGape10h ago

Analysts Sees Terra Luna Classic Price Surging 480% as Burn Rate Rises - CoinGape

Quick Summary:

Terra Luna Classic price has remained under pressure in the past few days, as it retreated by 10.95% from its highest level this week.

LUNC, the remnant of the collapsed Terra network, was trading at the psychologically important support level at $0.00010.

The coin’s Market Value to Realized Value (MVRV) Z-score has moved to about 2.7 and is near its highest level since April.


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Analysts Sees Terra Luna Classic Price Surging 480% as Burn Rate Rises - CoinGape (Picture 1)Analysts Sees Terra Luna Classic Price Surging 480% as Burn Rate Rises - CoinGape (Picture 2)Analysts Sees Terra Luna Classic Price Surging 480% as Burn Rate Rises - CoinGape (Picture 3)Analysts Sees Terra Luna Classic Price Surging 480% as Burn Rate Rises - CoinGape (Picture 4)

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Article Details

Author / Journalist: crispus

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 14:17:28 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 466 words

Reading Time: 3 minutes read

Sentences: 41 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23603175

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About CoinGape

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 29 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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  • URL: https://beamstart.com/news/analysts-sees-terra-luna-classic-17316808864722

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