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Analysts Sees Terra Luna Classic Price Surging 480% as Burn Rate Rises Coingape 15 lis 2024

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

Terra Luna Classic CoinGape

The price of Terra Luna Classic (LUNC) has been under pressure lately, dropping by 10.95% from its peak earlier this week. Despite this, some analysts predict that LUNC, the token emerging from the collapsed Terra network, could see a substantial price recovery.

Currently, LUNC is trading at the crucial support level of $0.00010. This level is considered psychologically important for investors and traders.

One analyst is optimistic that increasing burn rates could fuel a price rally, potentially resulting in a 480% surge in the token's value. Such a recovery could mark a significant turnaround for Terra Luna Classic.

The analysis and market sentiment are contained within a report on CoinGape, a source known for cryptocurrency insights.

Źródło: coingape.com ↗

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