Impressive Surge:

LUNC's value climbs 22% in 24 hours, contributing to its overall weekly gains.

Rebranded Identity:

Formerly Terra Chain's token, LUNC now represents the rebranded Terra Classic.

USTC Strength:

Both USTC and LUNC started the week strong, with USTC experiencing a substantial 300% surge.

Weekly Momentum:

LUNC maintains an impressive 88.38% weekly increase.

Ecosystem Interest:

The surge is attributed to growing interest in the Terra Classic ecosystem.

Binance Token Burn:

Binance burns 3.9 billion tokens, including 1.4 billion LUNC, influencing its price.

Strategic Alignment:

Binance's token burn aligns with the modified mechanism established after a community vote in December 2022.