⚡ BIG BOOM 💥 :- $LUNC 📉💰
As of 11 February 2026, Terra Luna Classic (LUNC) is exhibiting high volatility with mixed technical signals and a heavy reliance on community-driven deflationary mechanisms.
Price and Market Performance:----
. Current Price:-- LUNC is trading at approximately $0.00003462 (₹0.0030) [0.4.3, 0.4.4].
. 24-Hour Trend:-- The asset has seen a slight decline of 0.98% in the last 24 hours, continuing a broader 7-day downward trend of roughly 11.3% [0.4.4, 0.4.29].
. Market Sentiment:-- Technical indicators show a 70% Bullish sentiment despite an "Extreme Fear" reading of 11 on the Fear & Greed Index, suggesting high speculative interest amidst market-wide caution [0.4.3].
Key News & Analysis:----
. Token Burn Progress:-- Deflation remains the primary driver. Cumulative burns have surpassed 426 billion tokens, with major exchanges like Binance continuing significant periodic burns (e.g., 5.33 billion in a single January event) to reduce the massive 5.47 trillion circulating supply [0.4.27, 0.4.32].
. Legal Developments:-- Market volatility has been heightened by the ongoing legal proceedings for Terraform Labs founder Do Kwon. Recent surges were linked to speculation surrounding sentencing developments and their potential impact on the legacy ecosystem [0.4.27, 0.4.32].
. Governance & Upgrades:-- nhi The community is currently focused on USTC re-peg initiatives and v2.18 chain upgrades, which fixed critical bugs and improved network efficiency. Successful upgrades are viewed as bullish short-term signals, though long-term utility remains unproven [0.4.5, 0.4.28].
#USRetailSalesMissForecast #WhaleDeRiskETH #lunc
