$LUNC
$0.00
-$0.00(-4.33%)Today
📈 Current Price & Market Behavior
LUNC has shown notable volatility recently, with sharp rallies (e.g., +40% and +90% moves within weeks) driven largely by increased burn activity and speculative catalysts like Do Kwon’s legal developments and network upgrades. MEXC+1
Despite periodic spikes, broader technical indicators still lean cautious to bearish — many moving averages and technical tools currently signal a sell or neutral phase rather than a sustained uptrend. Investing.com
🔥 Catalysts Supporting Price Moves
Token burns remain a key driver. Large volumes of LUNC are being removed from circulation via exchange and community burn programs, which helps reduce circulating supply and can fuel short-term price reactions. Coinpedia Fintech News
Network upgrades and exchange support (e.g., Binance backing core improvements) add confidence among traders and speculators, sparking bursts of buying interest. MEXC
Speculation around Do Kwon’s sentencing and Terra-related news continues to trigger short-term trading flows, often disconnected from the underlying fundamentals.
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