Crypto Gloom

Terra Luna Classic Reaches New Milestone with 5.5 Million Holders Amid Growing Interest

Terra Luna Classic (LUNC) achieved an incredible milestone as the combined number of LUNC and USTC holders reached an all-time high of 5.5 million!

Although the Terra Luna crisis slowed post-disaster growth, wallet numbers continued to grow, highlighting the resilience of the Terra Luna Classic community, which is supported by major exchanges such as Binance.

Soaring Holder Numbers

ATOMScan, a Cosmos blockchain analytics company, said in an insight report that the combined number of LUNC and USTC holders has surged to 5.5 million. This is a notable increase compared to the previous number of holders, which was 5 million.

Terra Luna (LUNC) boasts 5.5 million holders, according to Etherscan and ShibariumScan data, while Cardano’s total wallet count surpasses 4.6 million and Shiba Inu boasts 1.38 million, according to the Insights report.

market analysis

The recent Terra Luna Classic burn by leading cryptocurrency exchange Binance, which burned 53.48 billion LUNC tokens, contributed to the LUNC price increase.

LUNC’s trading volume decreased by 40%, but successfully recovered to increase by 5% from its 24-hour low. Additionally, the upcoming major v2.4.2 upgrade is likely to result in a noticeable increase in LUNC futures open interest and a rise in 1000 LUNC prices on platforms such as Binance and Bybit.