LUNC Hype: Here's How Terra Classic Put Memecoins Under Its Shadow

In the space of just the last 30 days, Terra Classic (LUNC) prices rose by a staggering 463%. The rebranded Terra cryptocurrency was largely trading at around $0.000097 prior to the current rally that started around August 23. As of writing, Terra Classic (LUNC) price is trading at $0.0005384, up 17.01% in last 24 hours, according to price tracking platform CoinMarketCap. The new wave of speculation around LUNC is similar to the memecoin rally witnessed last year.