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Prices of LUNC and USTC Rise as Community Interest Drops

Published 06/29/2022, 04:00 AM
Prices of LUNC and USTC Rise as Community Interest Drops
LUNAt/USD
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  • Community interest in LUNC and USTC continues to fall.
  • Despite the decrease in the community interest, the prices of USTC and LUNC have climbed over the last few days.
  • LUNC and USTC are up more than 40% in the last 24 hours.

Although interest in Terra Classic (LUNC) and Terra Classic USD (USTC) has reached near zero over the past two to four months, recent price action for the two coins suggests that interest in them may pick up soon again.

LUNC and USTC interest continues to fall (Source: Santement)

When looking at the data from Santiment, the number of LUNC followers continues to fall despite the rise in LUNC and USTC prices toward the end of this month.

The number of LUNC holders increases (Source: CoinMarketCap)

During the same period that the prices of LUNC and USTC began to climb, the number of LUNC holders also picked up a bit, according to the crypto market tracker CoinMarketCap. From around June 26 until June 29, the number of LUNC holders increased from 10,306 to 10,349. This is around a 0.41% increase in LUNC holders.

Even though the number of LUNC followers has fallen over the last couple of months, the prices of LUNC and USTC have picked up over the last 24 hours.

At the time of writing, the price of LUNC is up just over 48% in the last 24 hours. This comes after its price reached $0.00015724 from its opening at $0.00010818 today. LUNC has also made its way to the top of CoinMarketCap’s trending list after the significant gains posted over the last 24 hours and last week (up by120.85%).

USTC is also on CoinMarketCap’s trending list at number 3 after climbing 67% in the last 24 hours and by 794.44% in the last seven days. This has also pushed its 30-day performance into the positive as its price is now up 134.58% in the last month.

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