Luna Classic (LUNC) is back from the dead
The most devastating crypto crash of 2022, which literally crippled the cryptosphere on May 13, the Luna Classic (LUNC) project, is showing growth.
An algorithmic stablecoin that has lost its peg to the dollar turns out to be the most alive. On Monday, the token rose by 40%, continuing the 4-day bullish trend.
To be precise, the first peak on the perfectly flat chart since May 17 occurred on August 23. After that, the price gradually increased, but accelerated on September 1, significantly accelerating the growth rate.
On September 5, LUNC peaked at $0.000035. According to experts, it is extremely unlikely that the digital asset will again reach $1, because then, given the asset’s supply of 6.2 trillion, its capitalization will be 6 times higher than the capitalization of the entire crypto market.
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