Lunc is the original of the Terra blockchain and any update means it directly
Happy new Crypto
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🚨 Important Warning + Smart Trading Opportunity 🚨 LUNC is in the spotlight… but watch out for the trap!
Stay alert 👀 Update v2.18 is not for $LUNC at all, but for the new Terra (LUNA) network. Yes, Binance announced support for the update, and deposits and withdrawals have been temporarily halted for $LUNA only to ensure network stability.
❓ So why is LUNC rising?
A psychological link between LUNA and LUNC among traders.
The news coinciding with strong burning news for LUNC = multiplied optimism.
⚠️ The trap here: We are now in the buy on the rumor phase. After the update is executed and deposits and withdrawals resume, we might see a Sell the News and a sudden correction—especially if the rise is based on confusion between the two coins.
🎯 Summary: The opportunity is there for the smart trader, but blind entry = risk. Set your goals, stick to your stop-loss, and don’t chase the price.