Terra Classic (LUNC) Crypto Surges Another 13%

As a recent gain continues, Terra Classic (LUNC-USD) is still a popular subject among cryptocurrency traders on Wednesday.

A new network update made by the Terra Classic creators sparked this gathering a few days ago. Staking was therefore introduced to the blockchain network. Investors jumped at the opportunity to purchase LUNC stock after the V22 update's success.

After a difficult few months, the news is a much-needed positive boost for the cryptocurrency. The original cryptocurrency Terra (LUNA-USD) had to move to a new network as a consequence of the severe crypto meltdown. That followed the failure of its stablecoin, TerraUSD (USTC-USD), to hold its price.

Hope to Make Up Lost Ground for LUNC Traders

Developers continued to utilize the existing network that Terra had when they built Terra Classic. Because of this, the cryptocurrency now faces a challenging path to recovery, one that LUNC supporters have been constantly monitoring.

For Terra Classic traders, the latest upgrade and rise is quite significant. It suggests that even after Terra left, there could still be life in the crypto. LUNC still has a ways to go, however. LUNA was trading for over $87 per token before to the crisis, but as of this writing, the cryptocurrency is now worth about $0.000166.

Only a few cryptocurrency exchanges provide LUNC tokens for sale to investors. The exchanges mentioned here include Kraken, Crypto.com, KuCoin, Bitfinex, and Huobi. Only Kraken, Crypto.com, and KuCoin allow customers to buy cryptocurrency with a credit or debit card.

Up 13.2% as of Wednesday afternoon is LUNC.